When recruiting board members, it’s natural to rely on tools that have been in your toolbox for many years. One of these techniques that has claimed center stage for decades is retained executive search. Lead Independent Directors, General Counsels/Secretaries to the Board, Nominating Committee Chairs and Chief Human Resources Officers all realize that retained search… Read More
Do you have a strategy for building trust, respect, and friendship with the various contacts you’ve made at conferences and networking events? Now, amid the coronavirus epidemic and global lockdown, having such a plan in place is more critical than ever. To read more, please visit the original posting of this article on the CFA… Read More
As I have represented executives for their interest in corporate boards seats for the last eleven years, there continues to be the question of whether being female is actually of value to the board. My counsel to my clients has been, that gender diversity alone is not a differentiating value. Through subjective and analytic evaluation,… Read More
The Chinese symbol for crisis combines the symbols for danger and opportunity. The current crisis presents terrifying risks and extraordinary opportunities to our country, our organizations and the field of HR. Given the current landscape, peacebuilding offers some insights and tools to think creatively about options for a post-COVID-19 world. Sadly, the current issues affecting… Read More
Along with the mystery of how to land the first board seat, comes the second mystery – understanding board of directors’ compensation. As potential clients of Summit Executive Resources consider the path to independent directorships, we are often asked for our insights into what components and how much is in board of directors’ compensation. Although… Read More
A new survey of global leaders shows potential paths for the future of work and the social contract between employers and employees. Every founder’s and leader’s assumptions, strategic plans, and visions for their companies’ futures have been profoundly changed by Covid-19. As the virus lingers, its economic impact will affect corporate culture for years. How will things change,… Read More
As colleges and universities across the country debate whether to bring students back to their campuses this fall, hold all of their courses online or offer some hybrid of the two, they are rightly focusing on how to best address all of the complicated health and safety challenges. But as they try to figure out… Read More
We have previously explored how to time board candidate selection and many board candidates are eager to hear whether they have been selected amongst a very competitive base of board talent. Albeit it may be slow moving, I believe that board succession agendas are shifting away from the good old boys’ club network and toward… Read More
Given today’s rapidly changing corporate environment that is fraught with risks, regulations and high demands from investors, the board’s job is more challenging than ever. To ensure the highest level of performance, boards must assess their own board health, effectiveness and balance. Also, if you are an executive who seeks a seat in the boardroom,… Read More
Capturing your first or even second board seat can take a very long time, a lot of persistence, perseverance, and patience. It may have happened for your friend, colleague, or neighbor faster than it is happening for you. If your reason for serving on a corporate board is to compete with your contemporaries or serve… Read More