The interview for the corporate board seat is an essential part of evaluation for both the candidate and the company. The process can last months with numerous conversations and board members getting to know the candidates at a deep level. Candidates must be ready to answer questions about their background, experience, and how they can contribute to the board.
The right tone and approach is crucial to securing the job. It is essential to be personable and likable but it is equally important to demonstrate your capacity to ask tough questions and challenge the status-quo. Boards do not want cheerleaders but rather incisive, serious board members. The tendency to over-emote the company is a common blunder. This could be interpreted by the board as untrue flattery, and will negatively impact your candidature.
Be prepared to present specific examples of your https://boardthrough.com/tips-for-organizing-work-with-data-room-software/ accomplishments and successes – particularly at an executive level. This will demonstrate that have the leadership qualities and expertise to add value to the board.
It is important to clearly articulate your board’s value position during the interview, sharing what you have to offer the organization and how it will distinguish you from other applicants.
Transparency is the key. This is particularly crucial for VC and PE funded companies, where investment representatives need to reveal their current relationships with portfolio companies in order to avoid potential legal ramifications down the road when they serve on boards of investments that their company has an ownership stake in.
