Today’s business climate is constantly evolving, but the boardroom talent matrix remains centered around traditional skillsets, including prior CEO experience. To build a more inclusive board, companies must expand the talent criteria to consider additional skills and functional experience.
There is value in developing a new board talent matrix and standards that take into consideration a broader lens of experience and titles.
Competencies to be considered include:
In addition to expanding skillsets, strategically broadening prospecting networks through search partners with diverse candidate pipelines can strengthen board effectiveness.