This questionnaire should be submitted in accord with the company's policies and practices regarding the nomination of persons to be considered for seats on the company's board of directors, and its due diligence activities related to each such candidate.
Virginia General Questionnaire for Potential Nominees to Boards Of Directors
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10 Must-Ask Interview Questions for Board MembersWhat do you know about our organization?What about our mission excites you?What experience do you have related to our mission?How much time can you commit to the organization?Who in your network can you involve in the organization?
5 Questions for a board interviewWhat is the company's long-term strategy?What is the long-term strategy of the shareholders regarding the company?Can you describe the board: history, type, expectations, goals, role/responsibilities?Can you provide some board background?More items...
Here are the critical qualities of an effective board member:Dedicated and Committed.Able to lead and influence others.Straightforward and impartial.Knowledgeable and an insatiable learner.Values discretion and confidentiality.
Your board interview will be just as much about how you will be a good fit for their company, as to how they will be a good fit for you. Use this time to gain information about the company, the board's point of view and even potentially some candid insights you can use to evaluate your fit.
Here are the five key questions I would ask during my interview.What is the company's long-term strategy?What is the long-term strategy of the shareholders regarding the company?Can you describe the board: history, type, expectations, goals, role/responsibilities?Can you provide some board background?More items...
When you are recruiting board members, look for these characteristics:Expertise in a specific area which can help your corporation.Leadership and management experience, especially in related businesses.Commitment to the business.Time and energy to devote to board duties.Integrity and lack of a conflict of interest.More items...?
The alternative answer: I've learned so much as an executive, I have a lot to give back, and I can't imagine stopping just because I retire. I'm planning to consult with business owners and provide some leadership at a non-profit. I'm not sure what forms that will take just yet, but I know I'll be very active.
The personal qualities of board members are critical to your board's successful operation. Integrity, competence, insight, dedication and effectiveness are vital. Key qualities of a good board member can be summarized as: Passion deep interest in the mission of your organization.
Preparing for a Board InterviewPrepare, prepare, prepare.Gain a strategic understanding of the company.Research, research, research.Know your value proposition.Understand conflicts.Understand the culture of the board.What board committees exist?Know your expected contribution.More items...?
