The combination of a company’s strategic and board succession plans can be a framework to begin the conversation around director search. Directors and management will most probably have differing ideas about what skills and experience should drive the search for the next director. To focus the conversation at the nominating committee level, here are a few approaches that … [Read more...]

Board succession is all about integrated thinking, foresight, and decision-making rationale. It is common practice for the governance committee to develop and maintain a matrix that outlines the skills, age, length of service, and background of each sitting director. A forward-thinking board looks at the next five to ten years and defines skills, experiences and overall … [Read more...]