Answering the following questions will help you assess your board readiness
Category A
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Do you have a minimum of 10- years of experience in a senior executive role in the public and/or private sectors?
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Can you commit to 150-200 work hours per year in a corporate board role?
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Do you have any knowledge about Good Governance?
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Are you a holder of a formal Corporate Governance certificate or any accreditation by any college or institute?
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Have you ever served as a corporate director in a publicly-traded company, a large privately held company, or family-owned business?
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Are you a team player or a team Leader?
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Do you understand the difference between a Board of Director's roles versus the roles played by Management?
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Which areas do you excel in: Operation, Financial, Risk and Security, Compliance, Anti-money Laundering, Strategies, Auditing, Human Resources, Control, Legal experience, ITC...etc.
Category B
Have you served in one or more of the following positions?
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Chief Executive Officer (CEO) or General Manager.
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Deputy Chief Executive Officer or Deputy General Manager.
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College deans or University Professors.
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Non-independent board member representing your company's interests.
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Public sector leader.
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Freelance Subject Matter Expert (SME) with relevant expertise.
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Senior Advisor, Expert or Consultant in business “A” section.
Category C
Have you served at least 3 years in one or more of the following positions?
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Decision making position as Chief operation officer (COO), Chief financial officer (CFO) or another C-Suite executive manager.
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Consultant.
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Project team leader.
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Professor.