In an effort to help more CHROs get on boards, here are a few highlights from a recent 50/50 Women on Boards Workshop I attended.
đź’ˇIf you are choosing a non-profit as a path to paid boards, choose one that has high profile execs who are also on public boards but to make sure you pick a non-profit board you are actually really passionate about.
🎉Highly sought after skills for boards especially relevant to CHROs:
ESG - especially the “S” and diversity
Comp and ben
Culture transformation
M&A experience
đź’ˇWhen seeking new board members, boards will turn to their trusted advisors (attorneys, accountants & bankers) for referrals because they want someone who is a good culture fit.
â•Only about 40% of the Board searches are through search firms. And very often when a board does use a search firm, they will assemble their own LIST of candidates and give it to the search firm to vet the candidates. So having connections to board-level execs is VERY important to getting in the LIST.
If you would like to learn more about 50/50 WOB I have added their website in the comments below.
For CHROs, CPOs and direct reports
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