The problem in successfully securing small-cap board seats is that search firms are rarely used in this regard, so the “advice” for these retirees from executive recruiters and other large service provider firms is unhelpful (hence the thousands of qualified retirees who undertake unsuccessful board searches).
Retirees who are successful in securing their first public company board seat need to:
Master the notoriously idiosyncratic small-cap ecosystem.
Understand/embrace the unique boardroom challenges that small-cap companies face.
Build/communicate personal brands that are fine-tuned for that realm.
In our experience, seasoned executives eager to serve on boards are often woefully undereducated on the changing competitive landscape and rigors required to embrace unique boardroom challenges.
The Nour Group along with several strategic partners offers BoardNav as a path to governance assessment, preparation, educating, digitally enabling, coaching, and mentoring sitting and retiring executives and military officers.Get in Touch About BoardNav