Join the first and best in practice Global Board Directory of Board Director Candidates and be eligible for new board opportunities.
The demands for compliance in board diversity and international market growth push boards to find international directors. Compounding this is the age issue of directors: the mean age is 64. Without a strong bench strength for successor candidates, boards are at risk.
With the support of BoardWise’s first global registry – Board Bona Fide® --, you can address this challenge. It serves as a sourcing agent for boards and executive search companies seeking qualified candidates for directorship the world-over.
The membership-based, confidential registry is open to anyone currently serving on public, private or non-profit boards or anyone who aspires to serve on boards. The confidential registry includes the experience, qualifications and board assignments of directors around the world, analysis of their board style and fit for specific boards, as well as preferences for future opportunities.
We are delighted to offer this best-in-class tool. Firstly, it helps to establish a national, centralized resource for qualified, screened and approved candidates. Further, it makes qualified directors eligible for international roles in global companies. Quality talent can now join in the global commercial world.
Dr. Donna Hamlin, CEO of BoardWise comments:
"Boards need qualified and experienced directors. Companies around the world are becoming more multi-national and challenged by global perspectives. To deepen strategic thinking, they need qualified board directors with specific experiences to address issues in targeted regions of the world. They need diversity of thought and cultural understanding to ensure higher board contributions to corporate success. Until now, there has been no global resource for vetted board candidates to meet these needs." In addition, international movements and transnational regulations now demand more focus on diversity within the board. The U.S. government requires every public company to disclose its board diversity policy as part of its governance practices. Norway requires a percentage of the board to be women, while Germany supports co-determination. Research studies are tracking the value of diversity at the table to overall board and corporate performance," she said.
Board Bona Fide responds to these trends. The registry also includes a profile of the registrant's board style, based on a psychometric tool developed by BoardWise. Underlying the registry is an algorithm used to match individual registrants to possible board assignments, based on their fit and readiness for specific types of board. Members can also use the registry to improve their board readiness capabilities by scheduling one-hour coaching sessions with a BoardWisecertified board coach to discuss their board style and preferences; to learn about ideal board fit and how to find the right opportunities; and to improve their own effectiveness while serving on a board.
Organizations seeking qualified directors can use the registry as a sourcing tool to maximize their board composition and mix. Companies, public entities, non-profits and professional executive search firms may contact BoardWise to obtain a list of qualified director candidates. BoardWise secures registrants' approval prior to providing their names as potential board candidates for any request.
Members register for Board Bona Fide online at http://boardwise.biz/. Registrants have access to a professional board advisor to review their personal results and discuss ideal assignments. Registrants can make changes or additions to their personal profile at any time online. The registration is a one-time fee of $400. The fee for the one-hour advisory session is US$300.