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Board Readiness Assessment Results - Extremely Ready
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You’re extremely ready – the ideal candidate.  You may be waiting for the stars to align, or perhaps your biggest challenge will be how to be strategic and choose which invitations to accept.

 > Click here to download a printable copy of this result. < 

 

You’re extremely well qualified to serve. Perhaps you are interested in learning more about how to be strategic about your opportunities, or maybe you work with private equity and are on a lot of boards that way and are seeking to transition to public opportunities.  It’s also possible you are ready and well-qualified on paper but the dots just are not connecting to result in offers. It’s important to remember that finding and cultivating these opportunities takes time. In any event, your biggest challenge will be choosing where and how you can have the most impact... and the most fun.

 

Why would boards want you in the room?

Every person who completes this assessment – whether they are a new college graduate or a public board member – should ask themselves this question.  What is your value proposition to boards?  What sets you apart?  What are you bringing to the table?  If you joined a long time ago, are you still what the company needs?

 

Why would you want to be in the room?

It’s time for you to do your diligence, considering what you get out of the boards you’re already on and what you'd gain from boards that you are considering accepting invitations for.  What are you best at? What do you enjoy most? Are you still learning?  Do you like spending time with your fellow/potential fellow board members?  These are long term relationships, and board seats are all about reputation.  Is your reputation safe with these people?

 

Are you TOO visible?

You’re certainly well known in your industry, but visibility is always an area where people can spend more time focusing.  Think about what you can do to increase your visibility, whether it is accepting additional opportunities to speak at conferences, authoring more pieces, going to more networking events, or even leading a volunteer group to support a charitable cause.  On the flip side of that, are you too visible?  Are you on so many non-profit boards or lead so many activities that you look overtaxed?   Are all of the speaking engagements you do on behalf of quality organizations or furthering goals that are important to you?

 

Develop a plan of action if there are specific types of boards you want to serve on.

Identify companies that you believe are a fit for you.. for your values, your goals, and a company size you have experience working with.  How can your colleagues, associates, friends-- even family -- help you get to these people?  Develop your elevator pitch and your ask so you are ready to let them know why you would be a great addition to their board. Research the company so you understand issues that they are facing.  Consider how you can help them improve.

 

How are you bringing others along?

How are your current boards filling their vacancies?  Are you in position to recommend other women?  You might be in the position where you are invited to join some boards and choose to say no.  This is a great time to pass the opportunity along, either to a colleague or to WBL. There is probably a WBL member who would love to be considered, and you never know how the favor will be returned.  If you plan to depart from any boards, is there a chance to have any input as to how your seat is filled?

 

Are you working with WBL on these opportunities?
If you are approached for board opportunities that are not a fit for you, consider sharing them with WBL by sending the description of the opportunity to WBL staff.  We can work with any search firm or board leadership to help identify candidates in a private and complimentary way.  Your fellow WBL members will thank you for it!  If you need references for WBL’s board search assistance, let us know.  

 

How can WBL be a resource?

  1. Get advice on key components of board candidacy including your elevator pitch, positioning yourself, visibility, and more by attending WBL programs (including webinars). We host a few programs every year that focus on board-related content.
  2. Connect with WBL members who serve on boards (and who could share unused opportunities) by using the Member Directory to locate and contact them.
  3. Keep your visibility up by sharing your career achievements with WBL through our “Here’s to Us!” notice (when you get promoted, a new board seat, publish an article, or have other notable milestones, let WBL know!
  4. Grow your relationships with WBL members so that you are top of mind when their own organizations have board opportunities – never have dinner alone!
  5. When you identify boards and companies of interest, use WBL connections to figure out how to get their attention.
  6. Apply to board (and job, if you’re still looking to get a C-Suite title in your bio) postings on the WBL Forums.
  7. Read Answering the Call, WBL’s book about the duties, risks, and rewards of corporate governance.

 

Good luck!


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This tool is in beta! Please share any feedback with WBL by emailing Eleanor at erosiak@wbl.org. To receive more personalized advice, we recommend you register for a WBL board-related program if you have not already done so.

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