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Blacks On Corporate Boards Committee 2017 Regional Boot Camps
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Boardroom Basics Seize the opportunity now:
20% of S&P 1,500 Directors are poised to retire in the next 5 years due to tenure and retirement policies Value of board composition Skills and experiences valued in the boardroom Reality check: the numbers and the myths Independent directors a look at the new class of 2016 Governance by the numbers 2017 proxy season review
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Getting Board Ready Define your personal brand
What value do you bring to the board? Activate your network Who knows you and the value that you bring? Connect to resources that can educate you on board topics such as PWC, EY Center for Board Matters, Deloitte, Equilar, etc. What are the hot topic board issues? EY 2017 Top Priorities for US Boards Boards turn to the talent agenda Path to cyber resilience: sense, resist, react The upside of disruption
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Understanding the End Product Resume Versus Board Bio
Organized chronologically Organized by relevant experience Factual and specific details Articulates personal brand and tells a story Includes education, all companies, all title/years for roles held High-level overview; should not include all roles, years, and dates Includes all responsibilities, objectives, and outcomes Should be limited to 1 page Ok to be longer than 1 page Ok to include photograph No photograph Written in third person Courtesy of Deloitte
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General Board Bio Format
Introductory paragraph outlining current and/or most recent experience This paragraph should clearly position you as an expert in a particular industry or skill area (Analytics, Cyber Risk, Finance Transformation, IT Transformation, M&A Transactions, Strategy & Operations, Valuation) Tailor your personal value proposition to each board opportunity Additional 1-3 paragraphs providing an overview of relevant career experience Board experience (non-profit boards, private boards, industry associations, etc.) Education Optional personal facts (interests, family information, etc.) Courtesy of Deloitte
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Acing the Board Interview
Role of a director The process flow Your due diligence Missteps to avoid What questions you should be asking of the board? Q&A
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Post-meeting Action Steps
Define your personal brand and build a board bio Do your homework and understand what value you bring and generate specific asks Socialize your bio with those who are connected to the board space Make a list of those in your personal network to share your bio Share your interest in board service and bio with those who are connected to the board ecosystem Look for opportunities to spend meaningful time in the corporate boardrooms and with board members Learn more about board hot topics through EY Center for Board Matters and other websites
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Committee Target Deliverables
What to expect from Sigma Pi Phi’s Blacks on Corporate Boards Committee by June 2018 Launch of the Sigma Pi Phi Corporate Board platform and database Quarterly educational webinars (featuring partner content) Launch of the first Sigma Pi Phi Corporate Board Symposium at the Grand Boulé in Cleveland, OH National press release and press conference held at The National Press Club in Washington, DC targeted for February 2018 (Black History Month)
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