Assembling Your Own Personal Board of Directors Presented by.

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Assembling Your Own Personal Board of Directors Presented by

Transcript of Assembling Your Own Personal Board of Directors Presented by.

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.

In other words, it’s your personal posse, tribal elders, confidants, or “go-to” peeps.

Who needs one?You do!

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

Who should serve on my board?

Be picky!When choosing members to serve on your board, keep the following in mind…

Who should serve on my board?Choose individuals who• Know your strengths

and weaknesses• Can provide

objective advice

Who should serve on my board?Another important

consideration…The best personal

boards consist of a diverse range of backgrounds and perspectives.

Who should serve on my board?Something else to keep

in mind…The best board members

ask questions, draw analogies, and make fair observations.

How to assemble your boardStep 1: List names• People who know you well

e.g., a sibling, friend, partner• Advisors in your professional life

e.g., accountant, attorney, speech coach• People you admire

e.g., senior executive, parents, professor

How to assemble your boardStep 2: MixA good mix will include those with• Professional experience• Industry experience• Age difference• Familiarity with your goals and abilities

How to assemble your boardStep 3: InviteSend an e-mail or call

the individuals you want to serve on your board, or ask them in person.

How to assemble your boardStep 4: Maintain a

well-oiled board• Keep it informal• Set a schedule

How to assemble your boardStep 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.

How to assemble your boardStep 4: Maintain a well-oiled boardRotate your board members

Roles for Your Board MembersFormal vs. Informal Roles

Roles for Your Board MembersSome roles to consider include:• Accountability master• Motivator• Trainer• Connector• Strategist• Proofer• Specialist

Roles for Your Board MembersAccountability masterThis person will hold

you to your goals and tasks.

Roles for Your Board Members

MotivatorA.K.A. your personal

cheerleader

Roles for Your Board MembersTrainerThis board member

has significant leadership experience and can give you best practices.

Roles for Your Board MembersConnectorThis person has a vast

network + can make introductions on your behalf for informational interviewing, job shadowing, and other professional referrals.

Roles for Your Board Members

StrategistA visionary.

Roles for Your Board MembersProoferThis person will

review your résumé, cover letter, or portfolio for a new job lead.

Roles for Your Board MembersSpecialistAn individual with

specialized experience who will help you accomplish your goals.

CompensationSo, 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!

Questions?

Thank you and good luck!

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