A board member who is successful has traditional leadership traits, such as strong ethics and an understanding of governance issues. They also possess a high level of communication skills and the ability to motivate and inspire others. They also possess an innate curiosity and a perpetual learning mindset, and are always looking for ways to improve their performance.
The interviewer wants to know if you can successfully deal with the complicated issues that may arise during your time on the board. Ideally, you should provide an example of how you’ve steered the board away from legal and regulatory risks and ensured that the company adheres to the highest standards. You can also tell how you have helped the board to develop clear policies, protocols and procedures that will guide the future of the company.
One of the most important attributes for an effective board member is the ability to challenge and question one another. The interviewer wants to know if you have a strong connection with your board members and can manage difficult conversations.
Board members are bound by a fiduciary duty to act in the interest of the company. They should also be aware of their limitations when it comes down to decisions that can impact the company. Being willing to challenge an idea is a sign of integrity, and can help the company informative post grow in its pursuit of success.
