How to Ace a Corporate Board Seat Interview

A formal interview is generally held when a board is recruiting new members. Board members should be prepared to answer questions that range from what their talents and talents will benefit the organization, to the reasons why they wish to be part of the board. They should also have a good understanding of how much time they will devote to the role.

Boards typically look for strategic insight, rather than executive thinking, according to Garland McLellan, founder of Board Ready, a board consulting firm. The interviewer will be looking for someone who can engage in high-level discussion, ask intelligent questions and challenge the company’s thought processes.

A successful board member will share their own perspectives on the business issues and strategies of a prospective employer, but should also be open to hear the perspectives of other interviewers. They should article source be able give balanced feedback, even if the company’s performance isn’t up to par.

Interviewers might ask candidates to assess the collegiality and culture in the boardroom. This is particularly important in a publicly traded company where the board’s relationship with shareholders could be at risk. A board might also require candidates to disclose any conflicts of interest they might have that could hinder their ability to add the value. A conflict of interest discovered could undermine the board’s plans and could have serious legal implications in the worst case scenario. If the candidate is required to consider this issue, they should be prepared to reveal any relevant relationships and affiliations.

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