New Study on Board Chairs Preparation and Roles
Other research tells us that boards have come to count on their chairs for ensuring their good functioning. We wanted to follow that up by asking chairs how they prepared for their position and how they understood their roles.
The 635 chairs in the study told us:
- 51% did nothing specific to prepare for this particular chair role
- Many haven’t been on their boards very long
- In hindsight, they say they would have benefited from mentoring, etc
- Yet most report they are focusing on the top priority areas for their boards and have a good relationship with their CEOs.
I’ll have more to share on the results later this week.
P.S. Did I mention that I was part of the research team?