A thoughtfully designed board has become an indicator of company performance and success. Today’s stakeholders demand a board that aligns with the organization’s strategic direction and incorporates a harmonious mix of competency, experience, and perspective.
Ensure Board Competency Alignment
DHR Global has designed a Board Skills Matrix that offers a framework for facilitating discussions on shaping the composition of your board competencies and ensuring alignment with the organization’s requirements. The Matrix serves as a crucial resource as organizations evaluate the design of their board, develop role descriptions and succession plans, and seek new board members – creating alignment across 14 key board competencies:
Board Member
P&L Leader (CEO)
Strategic Thought Leadership
M&A/IPO Acumen
Financial Expertise (Qualified Financial Expert)
International Business
Corporate Governance
Technology (Cyber Security, AI)
Marketing (Digital/Social Media)
Deep Industry Expertise
Regulatory
Government Affairs
Diversity
Public Company Exposure
Our Approach
DHR’s Board Design and Competencies solution is delivered through a three-phase approach that includes:
Provide client with full data request and scoping of requirements
Review current business plan documents and governance
Review current compensation for executives and board directors
Define peer group comparators by class, size and industry, along with business stage
Understand available equity pool and value
Review full financials
Develop full board needs assessment and “fill-to-skill” framework
Establish director specifications for each seat
Develop board seating plan with mix of advisory board members from current set and private equity investors, reps, and outside directors
Develop full slate of candidates for each role
Screen prospective board members
Provide initial recommendations for advisory board
Assist with offer negotiation
Place successful candidates
Contact Our Board & Governance Services Leadership Team