Board-Seeker by Ralph Ward

Author:Ralph Ward
Language: eng
Format: epub
Publisher: Business Expert Press
Published: 2018-12-10T16:00:00+00:00

Unrealistic timelines. Your board wants someone brilliant, well connected—and wants them there by the next board meeting. Good luck with that. “The logistics alone can be hard,” cautions one recruiter. Board candidates are busy, booked-up people. As mentioned earlier, they will need to make reasonable time for a board search. But no, they’re not going to drop everything else just to accommodate your search schedule.

Your nominating committee may be part of the problem. Getting everyone together in one place at one time for busy board members is often a nightmare. “I did a search where we had to get all members of the committee and five board candidates together in one city—it ended up not even being where the company headquarters were.” Extend this to a first and then second round of interviews, plus candidate visits to company offices, and you get some idea of why the hurry-up board search just won’t work. “The typical executive search takes 90 days, but I’ve seen board searches go to 180 or even 270 days,” says one of our headhunters (see our earlier discussion of this timeline aspect).

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