One of my personal goals this year was to learn more about board service. Corporations are changing. Governments are relying on and regulating companies more and more each day. As such, the role of a director is complex, yet critical for corporate success. It’s a tough gig.
I’ve spent a large part of my career in management. Specifically designing, developing, and deploying technology solutions that deliver better business outcomes. I continue to have a blast at that.
However, you cannot manage in a vacuum. The adoption of technology into the business requires increasing awareness of the economic, market, geopolitical, regulatory, and digital transformative changes corporations are going through. All within the midst of a pandemic, diversity and inclusive needs, and a purpose-driven agenda for a more sustainable planet for everyone. It is literally all change.
So why board service?
Shareholders elect directors to oversee management. Directors are ultimately accountable for steering the ship. I firmly believe that a great board of directors builds great corporations. And corporations are moving faster and more decisively than governments to deliver the environmental and societal outcomes the human race needs to survive. The role of the director is critical in this ever-changing complex business environment. By the same token, bad directors can result in bad companies. The actions of the few can be devastating to the many, both inside and outside.
NACD Accelerate
I’m a curious fellow. A pragmatic academic. So I decided to go back to school and get certified as a director. I’ve been a board member of private companies that I’d owned in the past, and on various board advisories for big tech companies. However, I needed to know the full breadth of what it means to be a director across all types of companies. Specifically, ones where I was not a majority shareholder.
So, I found NACD Online, or the National Association of Certified Directors. NACD raises the bar for board service. It equips you for directorship in ways I didn’t imagine. You learn very quickly the director’s philosophy of ‘nose in, fingers out’ thinking. Moreover, you get an instant community of like-minded people on similar but unique journeys. And finally, you get access to so many useful and useable resources.
Last week I passed the exam. I’m a certified director with NACD. It was challenging but rewarding.
Next Steps
Consolidate what I’ve learned. Share with others. Keep dreaming. Direct more. The search begins…