Boardroom INSIDER for… OCTOBER
“FANTASY LEAGUE” BOARDROOMS?
Fantasy sports are a global trend, with fans drafting and managing their ideal teams (on paper), and competing in big-money leagues. Obsessive stats collection and analysis, and lots of computing power, fuel this $20 billionUS$ industry.
But the real big league of fantasy teams could be found playing a very unexpected field – the corporate boardroom. In the October issue of online governance monthly Boardroom INSIDER, publisher and business speaker Ralph Ward points to growing amounts of data on board members, their skills and stats, being compiled by activist advisors such as Matt Moscardi of Free Float Analytics. With ever-deeper data on individual board members, their background, networks and results at their companies, activists “can not only target weak spots on current boards, but suggest new nominees who fill these gaps.”
But Ward suggests an out-there next step. Using deep data on global board members and AI tools, activists could “assemble a dream team, fantasy board lineup for a company, and crunch the data to predict business results.” Why not fantasy board league competitions? Directors shouldn’t be surprised to one day “find themselves in a fantasy boardroom lineup.”
Also in Boardroom INSIDER for October…
Putting “ad hoc” board committees to work.4 ways AI will shake up boards in 2025.
Q&A: Ask your network to vet your board vitae.
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My new Udemy Get Ready for Your First Board Meeting online course is for C-level career executives, entrepreneurs, investors, company founders, and all of you who’ve gained your first board role.. and want to be prepared when you walk through those boardroom doors. Included are Q&A thought starters and “homework” projects to round out the course.
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Ralph Ward’s latest book, Board Seeker: Your Guidebook and Career Map into the Corporate Boardroom (Business Expert Press) gathers 20 years’ experience in board counseling and research to give “board wannabes” the steps and insights needed to craft a successful board search campaign.
NOW ON AUDIOBOOK.
— Here’s why you have more “board experience” than you think (and why your current resume hides it).
— How women can jump the career obstacles they face into the boardroom.
— Finding your board search mentors and networks.
— How board searches really work (and how to turn flaws in the process to your advantage).
— Gaining the attention of board contacts and search firms.
— Prepping for a board interview… and for your first board meeting.
