BOARD READY: How to Find Another Board Seat


A Program Offered Through The American College of Corporate Directors 

Desk

WHY THIS PROGRAM?
Board service can be a satisfying and rewarding way for accomplished executives and professionals to make significant contributions to an organization.  It’s also a valuable experience for C-suite executives to become more effective in interacting with their own boards.

The process of joining a board today is not intuitive. The comment we at ACCD frequently hear from many senior executives is: “I want help in finding a corporate board seat…or another corporate board seat.” Getting that “invitation” to join is substantially different than any search for a senior management position. Plus, there is a rapidly evolving set of expectations placed on today’s board members.

Success usually requires that you have the necessary boardroom skills and understanding of the issues and environment facing today’s boards AND your own road map and process to join a board that works for you.

The American College of Corporate Directors has established an affiliation with Mike Jeans - a long-time active ACCD member, experienced CEO, respected career coach, and former president of New Directions, Inc.
He has a highly personalized program - “Board Ready” - specifically designed to enable you to join a corporate board. “Board Ready” is a separate, independent program that provides a valuable addition to the services offered to ACCD members and to other executives and professionals interested in board service.

“Board Ready” enables ACCD members (and non-members) to join a board by becoming attractive board candidates. It provides a proven process for effectively finding the board position(s) that are right for you.  The program offers highly personalized guidance, one-on-one coaching, and a practical structure and road map to efficiently navigate the process for finding a board position. It helps you become a viable – and attractive - director candidate.

WHAT IS COVERED?

This pragmatic program consists of five one-on-one sessions (either face-to-face or by phone) with Mike Jeans. These can be sequenced according to your schedule and your preferred pace. It covers the development of your own compelling messaging - your “board brand”, the creation of a board-focused resume, a separate board biography, and guidance for your LinkedIn profile. It also develops a personal roadmap for an effective and efficient process to enable you to join a new board. The program specifically includes:

  • Determining where your interest in board service is best focused - through by surfacing your strengths, interests, realities, experiences and values that can be aligned with new corporate board opportunities.
  • Help in verbally articulating the unique value you bring to a Board in a memorable way. (“why you should invite me to join your board…”) Creating a board-focused resume, a separate board biography, and structuring an appropriate LinkedIn profile. These tools will help position you as someone who is a desirable director candidate who has specific skills that are needed in the boardroom.
  • Coaching in the art of specific nuanced interviewing and networking skills that are important parts of creating the conversations that lead up to “being invited” to join a corporate board.
  • Building a plan to work with executive recruiters in a board search.
  • Developing a properly balanced strategy with specific action steps that are mapped out through these one-on-one discussions.
  • Using an effective and efficient approach to your due-diligence when making a decision on offers for directorship roles that you receive.
  • Providing relevant current information to make you knowledgeable and conversant in a range of timely board topics. This builds the type of mature and informed perspective that will separate you from the other candidates and helps you create a knowledgeable dialog around today’s board governance issues. Topics include:
    • Types of Boards and why their differences should matter to you: public, private, early stage, mutual funds, advisory boards, etc.
    • The sometimes-blurry line between governance responsibilities of boards versus the operational responsibilities of management.
    • Implications of the increased regulatory requirements posed by Dodd-Frank - and beyond.
    • What companies look for in Director candidates (who’s in demand today?) including issues around women on boards, diversity, board balance, and board refreshment.
    • Being an effective Director – how to conduct yourself as a director with focus on: strategy, leadership, consensus-building, succession planning, finance, risk management, etc.
    • Liability and risks: financial, time, reputation (and the keys to good D&O insurance coverage)
    • Director compensation, trends, structure and what you should expect to be paid.

WHAT DOES IT COST?
The program has two goals: (1) to get you invited to join a corporate board with a reasonable amount of time and effort on your part, and (2) to provide you with exposure to a carefully assembled array of timely information that will make you a more effective director on your current board(s) or on any future boards you join.
Completion of this program earns you 15 Credit Hours and 1 Forum Credit toward your Professional Director Certification from the American College of Corporate Directors (www.accdirectors.com). Non-ACCD members may become members after completing this program and, in the process, earn 15 Credit Hours and 1 Forum Credit.
The full cost of the program is $5,000 for ACCD members ($6,000 for non-members). If you are currently a director, this program may be reimbursable to you by your current board as an on-going director education expense.

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Alternatively, should you decide not participate in the above program, you may choose to have a board-focused resume, a separate board biography prepared as well as guidance in adapting your LinkedIn profile. This prepares you in developing your personal brand so that you can position yourself as a desirable director candidate with skills needed in a boardroom. The cost of this option is $1,500. For more information, contact Mike Jeans.