The use of skills matrix in board refreshment and succession planning

February 21, 2020Non-Executive DirectorBy Rachel

Written by Elise Perraud A skills matrix, also called a competency matrix, maps the required and desired skills for a board to successfully deliver its corporate mission. The skills matrix is a visual tool that clearly identifies the required, available and missing skills and competencies in a board. This is why it is widely used by Nominations Committee in their succession planning. In this blog, we explore how skills matrix can be leveraged to have the right people in a company’s boardroom. Skills matrix and board refreshment Effective boards have the right people in the boardroom i.e. the right mix of skills are

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