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Becoming a Board Member - Alumni - Harvard Business School
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green;"><a href="/careers/transitions-and-paths/Pages/considering-retirement.aspx" class=" black kappa">Considering Retirement</a><ul style="list-style: none;"></ul> </li> <li class="desktop-visible "><a href="/careers/transitions-and-paths/Pages/resources-for-new-alumni.aspx" class="">Resources for New Alumni</a></li> <li class="desktop-hidden " style="margin:10px 0px;xborder:1px solid green;"><a href="/careers/transitions-and-paths/Pages/resources-for-new-alumni.aspx" class=" black kappa">Resources for New Alumni</a><ul style="list-style: none;"></ul> </li> </ul> </li> <div class="shim10 xteal-bg"></div> <li class="toggle-container"><a href="/careers/blog/" style="padding:0px 16px 0px 2.5em;" class=" toggle-button eta light black">Career Blog</a></li> <div class="shim10 xteal-bg"></div> </ul> </nav> <div class="hr" style="opacity:1;background-color:#fff;margin:3px 16px 8px 16px;"></div> </div> </div> <h2 class="beta regular sub-section" style="">Becoming a Board Member</h2> <div class="shim22"></div> </div> <div class="html "> <style type="text/css"> .hero-statement#hero-statement-1 .fullbleed { height:450px!important; } .hr.inherit-dark-bg { display:none!important; } .color-framework .smoke-bg { background-color:#ffd5a3!important; } .inherit-light-bg { padding-top:50px; padding-bottom:50px; } .text-feature { padding-top:50px; padding-bottom:50px; } </style> </div> <div> <div class="shim1 mobile-hidden" style="margin-top:40px;margin-bottom:39px;"></div> <div class="shim1 tablet-hidden desktop-hidden" style="margin-top:23px;margin-bottom:22px;"></div> </div> <div class="container tablet-container mobile-container"></div> <div class="text-block" style="margin:0 auto;xpadding:0px 16px;xborder:1px solid red;"> <div class="container tablet-container mobile-container center"> <div class="eta regular blurb" style="margin-bottom:-.35em;margin-top:-.35em;">Interested in joining a board? Similar to a job search, you’ll need to make connections with the right people to find a board that fits your interests. </div> </div> </div> <div> <div class="shim1 mobile-hidden" style="margin-top:40px;margin-bottom:39px;"></div> <div class="shim1 tablet-hidden desktop-hidden" style="margin-top:23px;margin-bottom:22px;"></div> </div> <div class="text-feature text-feature-container smoke-bg h3-kappa h3-bold2" style="xborder:1px solid red;"> <div class="container tablet-container mobile-container"> <div style="max-width:780px;"> <div class="shim40"></div> <div class="section-header-wrapper " data-wcm-edit-url=""> <h2 class="section-header delta regular inherit-dark-color " data-abbreviated="" data-original=""> <div></div> </h2> <div class="hr inherit-dark-bg " style="margin-bottom:24px; width:180px; opacity:1; margin-top:8px; "></div> </div> <div class="shim6"></div> <div class="text" style="margin-top:-.35em;"> <h2 class="alpha-uc boldcn" style="margin-top: -34px;color:#e34316;"> <center>Start Networking</center><br></h2> <div class="hr inherit-bg" style="opacity: 1;width: 50px;margin: 0px auto;margin-top:-30px;margin-bottom:20px; background-color: #e34316;"></div> <p>Start by identifying potential sectors where your skills would be needed and then create a list of organizations and their directors. After that, you'll be ready to:</p> <ul> <li>Get the word out - inform your network of your interest in joining a board</li> <li>Leverage family/friend connections and ask them to speak on your behalf</li> <li>Add a sentence to your LinkedIn Summary about the type of board opportunity that interests you</li> <li>Seek out CEOs, board members, organizational leaders, and investors who could be helpful. Then, develop a strategy to connect with them (through industry meetings, informal networks, LinkedIn, charitable organizations, etc.)</li> <li>Search for fellow alumni in the <a href="https://secure.hbs.edu/cpdAlumniProvisioningService/alumni/index.html">HBS Alumni Resume Book</a> who have relevant board experience</li> <li>Identify and contact executive search firms (see list below)</li> </ul> <h3>Increase Your Visibility</h3> <ul> <li>Sell yourself as an expert - get published, get quoted, give speeches, serve on panels, etc.</li> <li>Invest in the organization</li> <li>Consult (preferably for the desired organization)</li> <li>Volunteer to serve on a non-profit board</li> </ul> <br><br><center> <div class="button-partial"><a class="button inherit-dark-bg inherit-dark-color-onhover white-bg-onhover white inherit-dark-border-color inherit-dark-border-color-onhover eta regular" href="https://www.alumni.hbs.edu/learning/Pages/default.aspx?LocalFacet3=Governance%20and%20Boards" style="border: 2px solid transparent; background-color: #e34316; ">Articles and more on joining and leading boards</a></div> </center> </div> <div class="shim40"></div> </div> </div> </div> <div class="text-feature text-feature-container h3-kappa h3-bold2" style="xborder:1px solid red;"> <div class="container tablet-container mobile-container"> <div style="max-width:780px;"> <div class="section-header-wrapper " data-wcm-edit-url=""> <h2 class="section-header delta regular inherit-dark-color " data-abbreviated="" data-original=""> <div></div> </h2> <div class="hr inherit-dark-bg " style="margin-bottom:24px; width:180px; opacity:1; margin-top:8px; "></div> </div> <div class="shim6"></div> <div class="text" style="margin-top:-.35em;"> <h2 class="alpha-uc boldcn" style="margin-top: -10px;color:#e34316;"> <center>Showcase Your Value</center><br></h2> <div class="hr inherit-bg" style="opacity: 1;width: 50px;margin: 0px auto;margin-top:-30px;margin-bottom:20px; background-color: #e34316;"></div> <p> Similar to a job search, you need to articulate your value to a board. How do you distinguish yourself from the large number of candidates also searching for board seats? Alter your value statement to align with the board's focus and organization's needs.</p> </div> <div class="shim11"></div> <div class="accordion" style="margin-top:-9px;"> <div class="container tablet-container mobile-container"> <dl class="plusminus"> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>Highlight Relevant Expertise</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>Board experience - for-profit or non-profit</li> <li>Fundraising experience</li> <li>Industry knowledge and contacts</li> <li>M&A experience</li> <li>IPO experience</li> <li>Experience running a company or mentoring start-ups</li> <li>Marketing, financial, or technical expertise</li> <li>Risk management experience</li> </ul> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>Resume Tips</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <p>Your resume should include a Summary section that highlights your attributes relevant to a board role, as opposed to a management role. The rest of your resume should reflect these characteristics and key aspects of your brand. As you update your resume, consider the differences between a resume for a job and a resume for a board seat.</p> <ul> <li>Capabilities (vs. accomplishments)</li> <li>Experience (vs. companies)</li> <li>Value you bring to a board (vs. titles)</li> </ul> <p>Demonstrate how your skills and network can benefit the board by introducing new customers/clients, strategic alliances, international opportunities, and/or new technologies.</p> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>Board Bio Template</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <p>Interested in joining a board of directors? In addition to your resume, you will also need a board bio to showcase how your background and expertise will add value to the existing board. A board bio is typically one page including a headshot and four to five paragraphs that highlight your accomplishments, skills, and credibility.</p> <ul> <li>Interpersonal skills</li> <li>Ability to handle complexity and ambiguity</li> <li>Integrity </li> <li>Independent mindedness</li> <li>Collaboration</li> <li>Financial competence</li> <li>Focus on shareholder and stakeholder satisfaction</li> <li>Commitment to the mission (nonprofit board)</li> </ul> <p><a href="/Documents/careers/BoardBio-Template.docx">View our Board Bio Template.</a></p> </div> </div> </dd> </div> </dl> </div> </div> </div> </div> </div> <div class="inherit-light-bg color-change cta-block center" data-tag="cta-block"> <div class="container tablet-container mobile-container"> <div class="shim1" style="height:48px;"></div> <div style="max-width:780px;margin:0 auto;"><a href="https://www.alumni.hbs.edu/careers/coaching/directory/Pages/default.aspx" class="inherit-dark-color nopdf"> <h2 class="alpha-uc boldcn" style="margin-top: -10px;">Find a Career Coach</h2></a><div class="hr inherit-bg" style="opacity: 1;width: 50px;margin: 0px auto;margin-top:30px;"></div> <div class="shim16"></div> <div class="eta light body add-underline ">Does your board bio need a refresh? HBS alumni receive six complementary career coaching sessions a year.</div> <div class="shim40 mobile-hidden"></div> <div class="shim27 mobile-visible"></div> <div class="button-partial"><a href="https://www.alumni.hbs.edu/careers/coaching/directory/Pages/default.aspx" class="button inherit-dark-bg inherit-dark-color-onhover white-bg-onhover white inherit-dark-border-color inherit-dark-border-color-onhover eta regular" style="border: 2px solid transparent; ">Connect with an HBS coach to review your board bio.</a></div> </div> <div class="shim41"></div> <div class="shim7"></div> </div> </div> <div class="text-feature text-feature-container h3-kappa h3-bold2" style="xborder:1px solid red;"> <div class="container tablet-container mobile-container"> <div style="max-width:780px;"> <div class="section-header-wrapper " data-wcm-edit-url=""> <h2 class="section-header delta regular inherit-dark-color " data-abbreviated="" data-original=""> <div></div> </h2> <div class="hr inherit-dark-bg " style="margin-bottom:24px; width:180px; opacity:1; margin-top:8px; "></div> </div> <div class="shim6"></div> <div class="text" style="margin-top:-.35em;"> <h2 class="alpha-uc boldcn" style="margin-top: -10px;color:#e34316;"> <center>Due Diligence</center><br></h2> <div class="hr inherit-bg" style="opacity: 1;width: 50px;margin: 0px auto;margin-top:-30px;margin-bottom:20px; background-color: #e34316;"></div> <p>Before joining a new board there are questions you should ask yourself and others. Here’s what to ask:</p> </div> <div class="shim11"></div> <div class="accordion" style="margin-top:-9px;"> <div class="container tablet-container mobile-container"> <dl class="plusminus"> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>You</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>What do boards do? What are the fiduciary duties, roles, and responsibilities of members?</li> <li>Why do you want to serve on a board?</li> <li>What questions should you be asking yourself? What are the major pitfalls to avoid?</li> <li><a href="https://www.alumni.hbs.edu/video.aspx?v=0_vvr2meje">Explore the what, why, and how of joining a board</a></li> </ul> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>The Search Committee</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>What are the organization's major issues and needs?</li> <li>What documents should I review?</li> <li>How do you orient new directors?</li> <li>Am I able to meet with the CEO, CFO and other directors during this process? Are there others with whom you suggest I meet?</li> </ul> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>The Independent Directors</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>What is the organization's management style?</li> <li>What is the culture of the board?</li> <li>What is the current succession plan for executive management?</li> <li>What external sources do you use for industry/company performance?</li> <li>How much time do you spend with managers not on the board?</li> </ul> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>The CEO</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>What do you hope I will contribute?</li> <li>Can I see the last 3 board packages?</li> <li>Over the next 3 years, what is the best - and worst - that can happen for the business?</li> <li>Who is your most dangerous competitor - why?</li> <li>What do you take to the board for approval?</li> <li>What succession plan is in place for your position?</li> <li>Is the organization engaged in any significant legal action?</li> <li>What is your leadership style, and how is the organization managed?</li> <li>Were there any significant accounting adjustments resulting from last year's audit?</li> <li>Are there any major blocks of stock represented on the board? If so, what are their objectives?</li> </ul> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>The CFO</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>What is your approach to the treatment of major accounting policies?</li> <li>What is your level of interaction with the board?</li> <li>What is the organization's relationship with its outside auditor?</li> <li>How do you evaluate the Audit Committee's work?</li> <li>How do you think my background would add to the board's effectiveness?</li> <li>What is your evaluation of the board's understanding of the organization's financial statements?</li> <li>What is your evaluation of the organization’s leaders understanding of the organization's financial statements?</li> </ul> </div> </div> </dd> </div> <div class="block-padding"> <dt><a class="hbsred zen-uc bold2" href="#" data-wcm-edit-url=""><span class="plus">+</span><span class="minus">–</span>Yourself Before Joining a Non-Profit Board</a></dt> <dd> <div style="max-width:780px;margin-left:20px"> <div class="shim15 xteal-bg"></div> <div class="kappa regular" style="xmargin-top:25px;xborder:1px solid aqua;"> <ul> <li>Why am I interested in this cause?</li> <li>Why is this the right organization for me? Is the organization at the right stage for me to add value?</li> <li>How will I contribute to the organization, in terms of time, expertise and/or philanthropically?</li> <li>What do I hope to gain from being on this board?</li> </ul> </div> </div> </dd> </div> </dl> </div> </div> </div> </div> </div> <div class="html "> <div class="inherit-light-bg color-change cta-block center" data-tag="cta-block"> <div class="container tablet-container mobile-container"> <div class="shim1" style="height:48px;"></div> <div style="max-width:780px;margin:0 auto;"> <div class="button-partial"><a class="button inherit-dark-bg inherit-dark-color-onhover white-bg-onhover white inherit-dark-border-color inherit-dark-border-color-onhover eta regular" href="/careers/transitions-and-paths/Pages/being-on-boards.aspx" style="border: 2px solid transparent; ">Learn more about boards and board service</a></div> <div class="shim50"></div> </div> </div> </div> </div> </main> </div> <!-- ENDINDEX --> <div 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!$(".page-header").hasClass('page-header-online')) { this.sticky.removeClass('at-scroll-top'); } var self = this; window.requestAnimationFrame(function(){ var newHeight = 0; if (self.isVisible) { newHeight = self.minHeight; } if (self.currentHeight == newHeight) return; self.sticky.css('height',newHeight); self.currentHeight = newHeight; $("body").removeClass('sticky-header-expanded'); }) } StickyHeader.prototype.redraw = function() { // This is costly to performance but unavoidable //const pageY = window.scrollY; //This throws a syntax error in IE11. var pageY = window.pageYOffset; var scrollUp = pageY < this.lastScrollTop; var scrollDistance = pageY - this.lastScrollTop; this.velocitySamples.push(Math.abs(scrollDistance)); if (this.velocitySamples.length > 10) { this.velocitySamples.shift(); } var totalDistance = 0; for (var i = 0;i<this.velocitySamples.length;i++){ totalDistance += this.velocitySamples[i]; } var velocity = totalDistance / this.velocitySamples.length; var debugVars = {}; if (pageY != this.lastScrollTop) { debugVars.pageY = pageY; debugVars.minHeight = this.minHeight; debugVars.maxHeight = this.maxHeight; debugVars.appearsAt = this.appearsAt; debugVars.velocity = velocity; debugVars.disabled = this.disabled; var html = ''; $.each(debugVars,function(k,v){ html += '<div>' + k + ': '+v +'</div>'; }) this.debug.html(html); if (pageY >= this.appearsAt) { this.triggerAppear(); } if ($(".page-header").hasClass('page-header-online') && $('.table-of-contents-wrapper').length && $('.table-of-contents-wrapper.jump-to').length == 0){ var tocWrap = $('.table-of-contents-wrapper'); var toc = tocWrap.children('.table-of-contents'); var tocItems = toc.find('.toc-item'); var stickyHeight = this.maxHeight; if ((pageY + stickyHeight) > tocWrap.offset().top && !toc.hasClass('sticky')) { toc.addClass('sticky'); } else if ((pageY + stickyHeight) <= tocWrap.offset().top && toc.hasClass('sticky')) { toc.removeClass('sticky'); } if (toc.hasClass('sticky')) { tocItems.each(function( index ) { var section = $($(this).children("a.toc-jump").attr("href")); if (section.length) { var sectionTop = section.offset().top - 45; var pageHeight = pageY + stickyHeight + toc.height(); if ((pageHeight > sectionTop) && !$(this).hasClass('current')) { tocItems.removeClass('current'); $(this).addClass('current'); } else if ((pageHeight <= sectionTop) && $(this).hasClass('current')) { $(this).removeClass('current'); } } }); } } if (pageY <= 0) { this.triggerDisappear(); } else if (scrollUp) { console.log('scroll up'); if ($(".page-header").hasClass('page-header-online') && pageY < (this.appearsAt - this.maxHeight)) { this.triggerDisappear(); } else if (velocity > 5 || pageY < this.appearsAt) { this.triggerExpand(); } } else if (pageY > this.appearsAt) { // If HBS online and mobile hide the sticky header if ($(".page-header").hasClass('page-header-online') && $( '.ua-mobile, .ua-tablet' ).length > 0) { this.triggerDisappear(); } this.triggerShrink(); } this.lastScrollTop = pageY; } this.hasScrolled = false; }; var _domready = _domready || []; _domready.push(function(){ if (document.getElementById('wcm-react-root')) return; if (window.stickyHeaderDisabled) return; window.stickyHeader = new StickyHeader(); var _onScroll = function () { if (!window.stickyHeader.hasScrolled) { window.requestAnimationFrame(function(){ window.stickyHeader.redraw(); }); } window.stickyHeader.hasScrolled = true; window.requestAnimationFrame(_onScroll); }; _onScroll(); //without this, the header flickers on online window.setTimeout(function(){ _onScroll(); },250) $(document).on('delay-sticky-nav',function(){ window.stickyHeader.temporarilyDisabled(); }) // needed for facet pages http://www.hbs.edu/news/Pages/default.aspx $(document).on('click',".facetctrl-sticky.active",function(){ $(document).trigger('delay-sticky-nav'); }) $(document).on('click',".filter-sticky.fixed",function(){ $(document).trigger('delay-sticky-nav'); }) }); function alumniNavFlyout(){ console.info('alumniNavFlyout') $('#flyoutaria li.top-link').each(function(){ var $menu = $(this); $menu.open = function(){ console.log('menu open'); $menu.addClass("open").attr('aria-expanded', "true"); $('#flyoutaria li.has-submenu.open').each(function(){ if ($menu[0] !== this) { $(this).removeClass('open').attr('aria-expanded', "false"); } }) } $menu.close = function(){ if ($menu.hasClass('open')) { $menu.removeClass('open').attr('aria-expanded', "false"); } if (!$("> a",$menu).hasClass('active')) $("> a",$menu).removeClass("inherit-color").addClass("white"); } $menu.on("mouseover", function(event){ $menu.open(); $("> a",$menu).removeClass("white").addClass("inherit-color"); clearTimeout($menu.data('timer')); }); $menu.on("mouseout", function(event){ var timesec = 0; if ($($menu).hasClass('has-submenu')) timesec = 500; $menu.data('timer',setTimeout(function(event){ $menu.close(); console.log("mouseout"); }, timesec)) }); $menu.on('click',' > a',function(event){ if ($(this).attr('href') == '#' || not($(this).parent().hasClass('open'))) { event.preventDefault(); } }); $menu.on('keyup', ' > a', function(event){ if (framework.accessibleClick(event) === true) { if ($(this).parent().hasClass('open')) { $menu.close(); } else { $menu.open(); } return false; } }); $menu.on('keypress', ' > a', function(event){ if (framework.accessibleClick(event) === true) { event.preventDefault(); } }); $("a",$menu).each(function(){ var $link = $(this); $link.on('focus',function(){ clearTimeout($menu.data('timer2')); }) $link.on('blur',function(){ clearTimeout($menu.data('timer2')); $menu.data('timer2',setTimeout(function(event){ $menu.close(); },100)); }) }) }) }; document.addEventListener("wcm.reload", alumniNavFlyout); jQuery(function($){ alumniNavFlyout() }) jQuery(function($){ }); jQuery(function($){ }); jQuery(function($){ function oneline(){ $(".one-line").each(function(){ var h = $(this).height(); $(this).css('white-space','nowrap'); var nowraph = $(this).height(); $(this).css('white-space','normal'); console.log(h + ' ' + nowraph) var original = $(this).data('original'); var abbr = $(this).data('abbreviated'); if (h > nowraph) { $(this).html($(this).html().replace(original,abbr)); } else { $(this).html($(this).html().replace(abbr,original)); } }) } $(window).on("load", function(){ oneline(); }) }); var _domready = _domready || []; _domready.push(function(){ console.info('domready'); }); jQuery(function($){ }); </script> <div class="mobile-hidden print-hidden"><a href="/Pages/site-feedback.aspx" aria-label="send feedback" class="send-feedback-link-cont"><span class="send-feedback-link"></span></a></div> </body> </html>