Boards across most western economies and industrialised nations are currently on a hiring spree.
Nonetheless, there’s a difference between sitting in a boardroom and being an influential director with the right mindset.
Having an effective board can make a big difference in the performance of an organisation.
The skills for becoming an effective director include having the right mentality, commitment, and curiosity.
There’s certainly plenty of room for directors to improve; directors themselves admit as much.
David Duffy, CEO of the Corporate Governance Institute and an experienced board member and Chair, says, “directors need to keep their skills up-to-date in the fast-changing world we live in”.