The Importance of Professional Directors in Non-Executive Board Membership

Lack of expertise among directors is a perennial problem that plagues many companies. Often, directors of large companies struggle to properly understand the business, leading to ineffective decision-making and a lack of strategic direction.

Given these realities, companies looking to fill board openings might do well to consider another class of potential candidates — professional directors. These individuals bring a wealth of experience and knowledge to the table, having honed their skills through years of serving on boards and working in executive positions.

Professional directors can provide valuable insights and guidance to companies, helping them navigate complex business challenges and make informed decisions. Their expertise can be particularly valuable for companies facing significant changes or disruptions, such as mergers and acquisitions, technological shifts, or regulatory changes.

In addition to their expertise, professional directors also bring a level of independence and objectivity to the board. As non-executive members, they are not involved in the day-to-day operations of the company and can provide unbiased advice and oversight.

Here are some of the key qualities to look for in a professional director:

• Extensive experience serving on boards of directors

• Deep understanding of corporate governance

• Wealth of industry knowledge

• Strong communication and interpersonal skills

• Ability to work independently and as part of a team

• Commitment to ethics and good corporate governance

In conclusion, companies looking to strengthen their boards and improve their governance practices should consider the benefits of adding professional directors to their non-executive board membership. These individuals bring a unique combination of expertise, experience, and independence that can help companies navigate complex business challenges and achieve long-term success.

All our services are subject to a proper assessment on customer side, a candidate validation process for the mid range profiles and a strategic synchronization, in order to make sure we, as a team are fully functional, aligned in methodology and mindset.