To allow a board of directors of a company to approve a new member, they need to know that the person is a good fit for the organization. That’s why the interview is a critical part of the process.
Board members are interested in hearing candidates discuss their relevant skills and experiences that make them well suitable for the job with an emphasis on the value they can bring. Most often, the interviewers ask questions to determine the candidate’s ability to comprehend the complicated and sometimes difficult issues that can be encountered as board members.
Therefore they’ll be looking to learn how the candidate handles conflicts and how they are able to engage with other board members in a respectful way. Boards frequently request information from candidates on how they deal with specific issues, such as shareholder engagement and potential conflicts of interest. They are also interested in knowing if the candidate is ethical and responsible.
The majority of companies will provide applicants with a list of documents to read before the interview. It takes more than just a glance to gain a deeper understanding of the company, its current C-suite and board of directors executives, industry dynamics, and the most important risks. Deb DeHaas is a two-time board member of a public company and is the chief executive officer of Corporate Leadership Center. She says that listening to CEOs’ talks with analysts and investors is the best method to prepare. She says it’s crucial for a candidate to be able explain the reasons why the company or its product, or the challenges it faces, intrigues them and how their experiences could assist in addressing those issues.
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