Should you serve on multiple boards?
Research shows that directors with seats on multiple boards have better access to the latest ESG trends, stakeholder needs, and leading governance tactics (see bottom of post for details*).
Their networks become knowledge and best practice pipelines.?
By serving on different boards, directors stay on top of rising expectations,? get exposed to diverse stakeholder needs, and are able to cross-pollinate solutions.
With broader exposure, directors actively spread effective tactics between companies - Their connectivity strengthens each board they're on.
Whilst overcommitment is obviously a concern, it is clear that interconnectedness can bring huge value.?
Where are you on your board journey?? If you want to do more, then please get in touch!
*Research: The Board Matrix: The (ESG) Value of Well-Connected Directors. Quantamental Research.
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Meet Kawaljeet Bhurji
Kawaljeet, known as KB, is a highly experienced industry professional and aspiring board member with a career spanning over two decades. His expertise encompasses various roles and levels of organizational hierarchy, showcasing exceptional business acumen and technical proficiency. With a portfolio of over 500 successfully delivered complex projects across the UK and Europe, KB has made a lasting impact on the industry. His unwavering commitment to achieving results, adaptability, and versatility sets him apart. KB excels in leading diverse cross-functional teams across international locations and collaborating with stakeholders to drive shared objectives. Renowned for his innovative solutions, KB consistently pushes boundaries and establishes new benchmarks for success. With a reputation for excellence, he is poised to make a significant contribution as a director.
Follow them here: https://www.dhirubhai.net/in/kawaljeetsinghbhurji/
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8 个月The idea of cross-pollinating solutions across boards sounds promising for advancing ESG goals. For those considering expanding their board roles, what steps would you recommend to effectively manage commitments and ensure impactful contributions across multiple boards without spreading yourself too thin?