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Assembling Your Own Personal Board of Directors

Assembling Your Own Personal Board of Directors. Presented by. What is a personal board of directors?. A personal board of directors guides, questions, and supports you when you’re faced with critical challenges and changes in your career.

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Assembling Your Own Personal Board of Directors

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  1. Assembling Your Own Personal Board of Directors Presented by

  2. What is a personal board of directors? A personal board of directors guides, questions, and supports you when you’re faced with critical challenges and changes in your career. In other words, it’s your personal posse, tribal elders, confidants, or “go-to” peeps.

  3. Who needs one? You do!

  4. Why should I have one? Because your board can… • Be a valuable resource outside of your workplace • Serve as confidants • Help you when you need it most

  5. Who should serve on my board? Be picky!When choosing members to serve on your board, keep the following in mind…

  6. Who should serve on my board? Choose individuals who • Know your strengths and weaknesses • Can provide objective advice

  7. Who should serve on my board? Another important consideration… The best personal boards consist of a diverse range of backgrounds and perspectives.

  8. Who should serve on my board? Something else to keep in mind… The best board members ask questions, draw analogies, and make fair observations.

  9. How to assemble your board Step 1: List names • People who know you welle.g., a sibling, friend, partner • Advisors in your professional lifee.g., accountant, attorney, speech coach • People you admiree.g., senior executive, parents, professor

  10. How to assemble your board Step 2: Mix A good mix will include those with • Professional experience • Industry experience • Age difference • Familiarity with your goals and abilities

  11. How to assemble your board Step 3: Invite Send an e-mail or call the individuals you want to serve on your board, or ask them in person.

  12. How to assemble your board Step 4: Maintain a well-oiled board • Keep it informal • Set a schedule

  13. How to assemble your board Step 4: Maintain a well-oiled board • Tell your board that you’ll contact them when you face a decision point. And, do it. • Inform each member of your board that he or she can opt out at any time.

  14. How to assemble your board Step 4: Maintain a well-oiled board Rotate your board members

  15. Roles for Your Board Members Formal vs. Informal Roles

  16. Roles for Your Board Members Some roles to consider include: • Accountability master • Motivator • Trainer • Connector • Strategist • Proofer • Specialist

  17. Roles for Your Board Members Accountability master This person will hold you to your goals and tasks.

  18. Roles for Your Board Members Motivator A.K.A. your personal cheerleader

  19. Roles for Your Board Members Trainer This board member has significant leadership experience and can give you best practices.

  20. Roles for Your Board Members Connector This person has a vast network + can make introductions on your behalf for informational interviewing, job shadowing, and other professional referrals.

  21. Roles for Your Board Members Strategist A visionary.

  22. Roles for Your Board Members Proofer This person will review your résumé, cover letter, or portfolio for a new job lead.

  23. Roles for Your Board Members Specialist An individual with specialized experience who will help you accomplish your goals.

  24. Compensation So, how do you pay your personal board of directors? • Offer help in return. • Keep them informed of your progress (they’ll appreciate it). • PAY IT FORWARD. Offer your time and guidance to others, especially those younger than you!

  25. Questions?

  26. Thank you and good luck!

  27. Credit “Now’s the Time: Create Your Own Personal Board of Directors” by Amy Dorn Kopelan “Look Out for Number One” by Jim Collins “Convene Your Personal Board of Directors” by Caroline Dowd-Higgins

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