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The Savvy Director Blog

Welcome to The Savvy Director™ blog, a place to engage on board governance topics as you travel the path to being a savvy director. 

If you're interested in upping your game at the board table, no matter the size of your board or the type of organization you serve, subscribe below to receive a weekly link right in your email inbox.

Choose Growth – Again!

Here at DirectorPrep, we create practical tools for board directors who choose a growth mindset. That means we want to collaborate with directors, like you, who choose to believe they can develop their abilities, brains, and talent every time they read their board papers, take a course, read an article, or engage in a discussion with fellow board members about a current dilemma or opportunity.

As directors, when we choose to see if there’s something we can learn today, it’s an...

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Your Voice Matters in the Boardroom

Sometimes I hear from board directors who are struggling to find their voice in the boardroom. They don’t feel comfortable speaking up, or they can’t seem to make themselves heard.

It can be a particular challenge for newcomers to the board, or for those who feel outnumbered by virtue of their gender, age, race, etc.

If you don’t feel comfortable speaking up in the boardroom, you’ll end up feeling less engaged – maybe frustrated and resentful. Not only is that...

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Seeing Ourselves Clearly

Most of us like to think we’re self-aware – that we see ourselves clearly. Apparently, most of us are wrong. Research shows that only 10 to 15 percent of us fit the criteria for self-awareness.

Why does it matter? For board directors, self-awareness is an important attribute because when we see ourselves clearly, we can be more effective in the role.

For the Institute of Corporate Directors (ICD), self-awareness ranks along with effective judgment and integrity as one of the...

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How Many Boards Is Too Many?

 

Once you’ve established yourself as a director on one board, you may very well find that you’re being approached to serve on one or more additional boards.

Is saying “yes” a good idea? What should you think about before deciding? And what is the ideal number of boards to serve on?

As so often with the topics we explore in The Savvy Director, the answer is, “It depends.” In this case, it depends on some very personal considerations, such as the stage...

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Boardroom Imposters

by Alice Sayant, ICD.D

It seems that lately, everywhere I go, someone is talking about imposter syndrome.

First it was a recent Savvy Saturday online discussion about Cultivating Your Influence in the Boardroom.

Then a conversation with board directors at the inaugural Women Get on Board Summit.

And then, just the other day, a chat with a friend during a brisk walk in the park to mark spring’s arrival (finally!) on the Canadian prairies.

You see where this is going, of course. At ...

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Finance & Audit Wants YOU!

Non-financial board directors are missing a huge opportunity by not serving on finance and audit committees. I know that sounds odd if you’re particularly averse to the numbers or believe that you don’t have an aptitude for them.
 
But take it from me - a non-financial director - participating on a finance and audit committee is a far more enjoyable experience than writing an accounting or corporate finance exam. There’s no last minute cramming or pulling an...
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The Road Ahead

Late in the year we asked you - our readers - to share your issues, your concerns, and your challenges as you continue along your journey to be the most effective director you can be. We rely on your feedback to help us stay on track, so we can provide what board directors like you want and need for the road ahead, in 2022 and beyond.
 
And boy, did we get some valuable feedback! There’s no question about it – our readers are absolutely dedicated to this work. We’ve...
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The Savvy Director Celebrates 100

Today at DirectorPrep, we are celebrating our 100th post of The Savvy Director blog!
 
We published our very first, Why The Savvy Director? in October of 2019. Who knew how much the world would change in those two years?
 
Here’s how we introduced our new blog:
 
“This is a place for us to engage on topics that can help us on our respective journeys toward becoming savvy board directors – directors who are always prepared for our board meetings, ready to...
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So You Want To Be The Board Chair

Our last couple of blog posts have dealt with board succession planning (A Better Way to Fill Board Seats) and director recruitment (The Right Director for Your Board.)
 
But a good board succession plan isn’t just about filling board vacancies. It’s also about finding board leaders, like the next board chair.
 
So, in today’s Savvy Director post, we’re going to zero in on the position of board chair. We’re going to try to answer the questions ...
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Preparing for a Board Interview

The board interview – it’s a key step in assessing the fit between a board of directors and a potential new board member. But for both parties – the board and the candidate - it’s so much more than that.

Last week The Savvy Director blog focused on the ‘fit’ – or lack thereof – between a board and potential new directors. We advised using behavioral questions to uncover candidates’ fit with the board. And we provided some questions for...

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