Getting Ready for Your First Board Meeting
“We’d like you to join the board.” For an executive, those words can be a career highpoint and the culmination of years of effort (especially if it’s your first board invite). But after high-fiving yourself and updating your LinkedIn profile, it’s time to get serious on preparing to walk through those boardroom doors. Unfortunately, as with so much else in the world of directorship, orientation for joining a board is usually left to happenstance.
When a corporation hires a top member of its executive staff, it does things right. There will be lots of paperwork, careful spelling out of terms, and hammering out a compensation agreement that’s a lawyer’s dream. The executive will get an “offer ...
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