skip to Main Content

Five Essentials to Land Your First Corporate Board Seat

How Board Work Differs From Executive Leadership Roles
Corporate boardroom

Many senior leaders aspire to serve on a publicly- or privately-held corporate board. It’s a great way to leverage your expertise in a new way, grow professionally and make meaningful contributions to respected organizations.

But, moving from hands-on leadership to an oversight role means leveraging your skills and experience differently. We recommend reflection and preparation in these five key areas:

1. Commitment

Studies show that directors routinely invest 300 or more hours each year. It’s a significant investment that includes time for preparation, attending scheduled meetings, participating in committees—and tackling the unexpected. It’s important to have the right motivation, as well as sufficient time and a flexible schedule.

Ask yourself:

  • Can you balance board service with your current schedule and priorities?
  • What type of company will most value your contributions?

2. Perspective

Leading a business requires operational savvy and financial acumen. Serving on a board means stepping back from day-to-day management, and adding value through thought leadership and governance. This distinction is one of the biggest changes in a board role.

Ask yourself:

  • How will your functional area of expertise bring value to a board?
  • What strengths can you offer in an oversight and governance capacity?

3. Communication

Boards value candor and confidence—but they also expect a collegial environment. They appreciate team players who build relationships and collaborate more than they command. Making that shift can take practice if you’re accustomed to having the final say.

Ask yourself:

  • How have you successfully shared a vision or motivated others in the past?
  • Can you support, challenge and guide through questions and examples—rather than orders or direct action?

4. Value proposition

Board openings attract numerous, highly qualified candidates. Standing out requires more than a resume. Top prospects create specific market messages and a board bio. It’s essential to articulate your strengths, expertise and critical thinking more than results from previous roles.

Ask yourself:

  • Are you emphasizing strategic activities and thought leadership, rather than operational achievements?
  • Are you demonstrating your ability to lead business transformation, challenge conventional wisdom or resolve complex situations?

5. Connections

Cultivating a strong professional network creates a definite advantage. Most board opening are unadvertised, making referrals and word-of-mouth vital to your search. Your network should include C-suite executives, board members, executives on nominating committees and high-ranking individuals from a cross-section of industries.

Ask yourself:

  • Do you have a strategy to build your professional network?
  • Are you actively meeting with the right people, at the right levels, to identify board opportunities and enhance your candidacy?

Land a seat at the table. We can help! Our Board Readiness service helps seasoned executives understand the board landscape, evaluate your readiness and market yourself effectively. It’s a collaborative and customized process that positions you for success.

Previous Article
Next Article

Read More

How To Prep Your Sense Of Identity For Retirement

How to Prep Your Sense of Identity for Retirement

This Star Tribune article shows the benefits for Baby Boomers of including your passions and purpose in retirement planning.
Executives In Silhouette Meeting Around A Boardroom Table In A Sunny Office With Many Windows And Blue Sky.

Interested in Board Service? Start Your Search Before You Retire

Landing a corporate board seat can take 12-18 months. The more current your experience, the more potential value you bring to a board.
A Graphic Welcoming New Navigate Forward Team Members With Headshot Photos Of Jill Aleshire, Dan Wegner And Brad Thomas On A Maroon Background

Amid Rapid Growth, Navigate Forward Expands Leadership Team, Adds Executive Consultants

We're welcoming more new team members this spring, including the first practice lead for our flagship Executive Transition Services offering and our first full-time COO.


Get each new article delivered to your inbox.

News & Events Signup

Back To Top