Building your Boards with ChairX

When creating, building or re-building one of your Boards there are a myriad of considerations to consider ensuring that your companies' have a pertinent and effective team.

How do you get the optimum mix of skills, experience, knowledge and independence to both add value and offer a balanced view?

Your Board discussion should include:

Create a Job Description so that all parties can agree, in advance, what they are looking for.

What specifically are we looking for this person to bring to the Board?

All aspects of diversity?

Specific expertise? Audit/Remuneration/Risk/Governance/sector?

General expertise? Sales, Marketing, management, growth, exit e.t.c?

Is true independence important or do you want some “skin in the game?”

PE/VC/Angel backed experience?

Do you need them to have contacts of relevance to your business?

Is name and reputation important?

Is the role remunerated and, if so, for how much?

Are there stock options available? Is this traded off against remuneration? Tax position?

Are you offering them insurance in their role as a NED/Chair?

Interpersonal skills and emotional intelligence?

Challenging personalities that are articulate and can debate and question?

How will you find suitable candidates? Rolodex? Black Books of the existing Board? Job sites? Networking? Executive Search? ChairX?

Transparency regarding the appointment- are you allowing all to apply or are you personally approaching individuals? What is fair and appropriate?

Compliance? Should you advertise the role in the public domain?

Who will take responsibility for the hire? CEO, HR, Chairman, NXD, SID ,other?

What will the interview process look like?

Do you have a budget to make the hire i.e. fees?

And there are many, many more...

However, if you are  a Member of ChairX, you are already at an advantage.

As a Member, you have personal 1-1 access to hundreds of portfolio executives in all sectors and industries either via the membership platform or by engaging with others at the regular events- on Zoom and in person.

Additionally, you have the private appointments site for both Members and Non-Members to post relevant, preferably remunerated roles, back to your premier community. These adverts are half price for Members for 30 days and can be used to support your own activity- with no recruitment fees involved.

As a Member, you can also harness the power of Word-of Mouth and recommendation- often the way appointments happen in our collaborative membership network.

We also have connections with relevant Executive Search firms who can assist you.

Many senior executives and CEOs are organically building their Boards through the new and relevant connections they have made in ChairX.

This is because most S.M.E. Board roles appear to be under the radar and not advertised publicly with a low-key personal approach being the preferred Modus Operandi.

If you are not already a Member, you can join ChairX to meet and engage with new senior executives that can help you support the businesses with which you are involved, through collaborating and building trust.

Members can also search for specific skills and experience and connect directly with suitable qualified and interested senior executives.

From early-stage companies to established Boards. From PE and VC to Series A, ChairX is a unique resource of enthusiastic, qualified and ready Board talent.

We also have great discussions hosted by Members including INSEAD Business School, The IOD, Cambridge University Sustainability Leadership.

As a Member, there are no additional recruitment fees if you use ChairX to appoint any member of your Executive or Non Executive team

Extend your Board with a truly diverse range of new connections at www.ChairX.network

Caroline Hayward

CEO/Founder

+44 (0)7798 870581

Interested to find out more? Arrange a meeting with me via

https://calendly.com/chayward

ChairX: The Habit that Leads to Business

We connect Boards and Directors Internationally to learn, discuss and do more business.

www.ChairX.network

.The Chairman's Network Ltd t/as ChairX Registered office: Oxleaze Office, Oxleaze House, Hawling, Cheltenham, Gloucestershire. GL54 5TB. UK. Registered in England. Company number 6524365.