When you are interviewed to be considered for a board seat the panel will inquire about your board’s readiness and how you can add value to the company. Boards are looking for candidates who have a high level of expertise in their industry, a diverse viewpoint and specialized skills to add value to the existing board members.
To prove this value To demonstrate this value, you must be able to give examples of the strategic decisions you’ve taken in the past at the committee or board level. You can also expect to be inquired about your governance experience and your compliance with ethical standards.
In addition, the panel will likely inquire about your opinions regarding the company’s strategy and its competitive position and your thoughts on trends in the industry. Similar to the other questions, you must be Corporate Board ready to answer these in a concise and compelling manner that provides the interviewers with an accurate representation of your thoughts.
Interviewers will ask you about your leadership qualities, how you operate in a group setting and if you have any conflicts of interest in the boardroom. Make sure that you are aware of any possible conflicts and be prepared to discuss the best way to handle them in the event of a situation.
Be prepared to endure a lengthy vetting process. Director searches can be as long as those for CEOs and the board will often move in a deliberate, iterative fashion.
