Summary of key points
Getting on a board:
- Think about your value, you’re not just adding to your CV.
- It’s a role with lots of work so make sure it’s something you’re passionate about and have the drive and purpose to do, and do well.
- ‘Not qualified’ is not necessarily a barrier – you can feel your way around the strategic versus operational issues.
Being on a board:
- Look for boards that encourage diversity (age, cultural etc) (“with the evidence from the Financial Services Royal Commission, never has there been a more powerful message for diversity”)
- Know the difference between operational and governance work.
- Prepare for meetings so you can ask great questions that add value – read your papers, understand the organisation and the sector and add the value of your experience.
Other points of note:
- Know why your organisation exists – your ‘why’ – particularly if going through challenges and/or mergers.
- Extend opportunities to others who are coming behind you.
- Tips and tricks.
- Prepare a Board resume.
- Do some training like the AICD Company Directors Course.
- Join a not-for-profit board to build your skills and experience.
A sample of the feedback from breakfast
- There was a valuable amount of time to discuss around the table, after each speaker.
- Two great speakers, lots of concepts.
- Guest speakers were fantastic, great insights and advice.
- Great agenda and time management.
- The morning was very enjoyable, smooth and timely.
- Really engaging speakers some practical tips
- Professionally organised.
- Hearing through experience – the two speakers were fantastic.
- Great passion and knowledge from speakers – shared case studies.
- Speakers were great and provided lots of relevant insights.
- Stimulating table conversation.
- Really useful points and tips from speakers.
- Loved the format – table talk, speakers and Q&A.
- Opportunity to network.
- Loved how easy it was to network.
- Good to hear about current/emerging issues for boards.