By Emma Ford
Dr. Sabine Dembkowski is an international board advisor, and as such her interview with NEDonBoard is well worth a read to find out about preparing for a new board role and what sets apart a well-functioning board from one not so well-functioning. (For more about Dr Sabine please scroll to the end of this article.)
What should non-executives do to be correctly prepared for a new board role?
Being an NED appears to be highly desirable. However, NEDs should not just grab the first opportunity that comes along but conduct in-depth research and ask themselves some tough questions:
Conduct in-depth research about the company
Over and over we see that candidates are so excited to have the opportunity to serve as a NED that they forget to do vital research. What is the real situation of the company? What is the financial situation? Are there any law suits hanging over the organisation like a damaclus sword? What are the real challenges?
Ask yourself: Do I fit in/to this organisation?
Research indicates that executives in any role in an organisation flourish if their personal value system is a good fit to the values of the organisation. Do not be mistaken here, this also applies
Read more here:: Some advice for your new NED role and a well-functioning board: Dr Sabine Dembkowski