The role of the non-executive director (NED) is considered to be critically important. The time commitment associated with a non-executive role is often underestimated. So what is the optimal number of positions for a board professional to discharge his/her duty and be effective? The optimal number of positions will vary from one professional to another…
What is expected of non-executive directors? A non-executive director (NED) plays an important part in many organisations. Because non-executive directors aren’t actually employees of a company, they have a unique role that’s slightly different than a traditional executive who is part of the management team. Whether you’re thinking about becoming a non-executive director or…
The appointment of a non-executive director is a contract for services and not a contract of employment. The NED or non-executive contract or agreement is referred as a letter of appointment and some key elements should be included. The article highlights some of the terms that incoming non-executive directors should expect when they review the…
How did I secure my non-executive appointment? Network, network, network Are you looking to secure your next board appointment, there are 3 avenues for you to consider. One of them is: networking. With this thought in mind, be sure to review the following networking strategies so you can optimise your search for roles. …
5 guidelines for newly appointed non-executive directors The most important aspect of being a non-executive director is that you have an expertise, skills and knowledge to bring to the table. To contribute to the sustainable success of the organisation on which board you serve, there are important guidelines that every NED should follow. …
Writing your non-executive director CV is one of the steps to becoming a non-executive director, which aspiring and transitioning NEDs may underestimate. A good NED CV is a sales document, which outlines your unique value proposition for a board and demonstrates the skills, expertise and experience that a board is looking to recruit. A well-written…
A non-executive director is an outside director on a corporate board that does not serve on the enterprise’s executive committee. As a director coming from outside the corporation, without executive duties, if you are considering becoming a NED (or have been asked to join a board in this manner) there is certain experience which can…
Whether you are an experienced professional in the industry or a young working professional, you should know that becoming a non-executive director is no walk in the park. Even professionals with decades of experience have to work hard to secure their first appointment in this well-sought out role. So, the question is – how do…
10 questions for you to consider if you want to become a non-executive director 1. What do I have to offer? 2. How will I find the right board? (Be patient: it can take time) 3. How much due diligence should I do? (It should be rigorous. Talk to experts, read the minutes, etc.)…
