Yellow Brick Path is pleased to announce the three inaugural members of its new Advisory Board. Joining the Board are Patricia Q. Connolly, Richard D. Daniels, and Kenneth R. Lay. Each is a previous Yellow Brick Path client, has had an extensive career in senior leadership roles in well-known organizations, currently serve on for-profit and/or […]
A recent study, published for subscribers of The Review of Financial Studies, July 2021 and redistributedin summary form in a posting of Transformative Governance Insights, February 2022 by the GuptaGovernance Institute at Drexel University, concludes that director appointments are (still) heavily drivenby “who you know”. What is new from this study is its conclusion that […]
I was going through some papers recently and found this description jotted on a piece of notepaper. Illustrate strategic inquiry and the ability to collaborate at an advisory level as an overarching steward of the business My recollection is that this comment was originally focused on Board candidate interviews. However, Ithink it can provide broader […]
While the support for adding women and minorities to Boards began in earnest a decade or two ago,there has been a significant ramp-up in the past few years – both in the maturity and sophistication ofexisting programs and an increase in new entrants. There are now numerous private, associationsponsored, and university-based programs to educate, support, […]
I recently participated on a panel for prospective Board Director members sponsored by the Wellesley Business Leadership Council. In preparation for this event, I selected three key points that I wanted to cover during my segment, which are provided below. Why do board director candidates have both a board bio and a board resume? How […]
Within public companies, boards are likely to need reorganization and in some cases changes in directors and executive leadership expertise. Boards will be tasked with a greater level of “independence” among its Directors.
Ultimately, Board candidates must be able to communicate their potential contributions as a member of a collaborative team in the context governance, strategy, policy, organizational leadership selection and oversight and risk management.
My foray into working with board members was with board candidates, often individuals looking to join their first board. As my client base in this area has expanded, the need to present the work that a board member has done while serving on a board has increased. The solution, it turns out, is straightforward. Treat […]
In working with executives who are interested in serving on Boards, I always have them try to find some descriptions of actual Board seats that are in play – perhaps “specs” from a recruiting firm handling a Board search or from the company’s Board selection committee. The descriptions are useful in aligning the candidate with […]
Several years ago when I was working in Executive Search recruiting, a client that was searching for a new member of its Board of Directors asked for guidance on conducting reference checks. The questions that were compiled then have stood the test of time and a couple of them are particularly powerful in eliciting how […]