Boardroom INSIDER for… SEPTEMBER

 

WHY CORPORATE BOARD MEMBERS NEED TO GO BACK TO SCHOOL (BUT CAN’T)

 

(September, 2016) How would you like a job at the top of a global corporation that required no training on how to perform that job? Sounds attractive as an opportunity… but scary for investors.  Yet, as Ralph Ward writes in the September issue of online monthly Boardroom INSIDER, that well describes the specific learning standards for serving on a corporate board of directors.

“Most director training today is a self-directed apprenticeship,” Ward observes in BI’s special September “back to school” issue on board education. Formal training on how boards function through MBA or law and audit firm programs is scarce and of uncertain value.

Knowledge on these specifics of boardsmanship are instead picked up “on the fly” as an exec presents to boards, serves on non-profit boards, or mentors with current directors. Those in business who seek to learn how to become an effective board member “have little infrastructure or support” to meet that goal.

Also in the September Boardroom INSIDER:

pink What first questions need answering to shape your board training program?
pink What resources are out there for board training (including a few surprises)?
pink Q&A: How can I better manage my personal boardroom workload?