This is where the ambition to join a board begins to grow. The road to getting a board position must be one of careful consideration and adequate planning.
If you are looking to take that next step to a board level position, there are a few things you will need to consider in order to be board-ready.
1. What policy does your company hold?
You will first need to investigate if your company allows employees to apply for board roles. Some organisations recognise that there are benefits of having their CEO serve on a board elsewhere, however some companies are hesitant for this to happen. Talk directly to HR or your company’s board to see what policies are in place and what the approval process involves.
2. Be clear on your reasons
What purpose or motivation do you have in obtaining a board position? Because there are often legislative and personal liability implications, it is important to make this decision carefully. If you are only motivated by the sense of status that comes with being on a board, then you are probably getting into it for the wrong reasons. Ensure that your intentions are clear by asking yourself the following:
- Does this align with my long-term career trajectory and profile?
- What value can you add to a boardroom?
- What part do you intend to play on a board?
- What will your contribution be? Keep in mind how much time you are willing to commit.
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