THE IDEAL BOARD CANDIDATE

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More and more boards are identifying gaps in board skills and experiences. The consumer, market, technology, cyber and behavioural driven changes within the organisational landscape are putting greater scrutiny on the board’s short- and long-term strategic goals, performance, risk assessments and capacity to adapt.

Board member renewal, the skills matrix and appointment processes are also under scrutiny as they are an important element of the board governance framework. Boards are expected to have intellectual rigour drawing on a mix of functional expertise, industry experiences, qualifications and demographics for diverse business and governance perspectives on wide-ranging, complex current and future issues.

Nominating committees are starting to broaden their thinking beyond title, career path and name recognition.This may mean selecting on potential and transferable skills. Below are some of the issues that the nominations committee and prospective candidates could consider.

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