Director development for directors, chairmen and company boards
Director development: for managers who think they ought to be directors and directors who still think like managers.
You move up and up in your career. And suddenly you are a director.
You've got your directorship.
You're on the board of directors. And everything is different. What director training
did you get?
And as a successful director, you are appointed chairman. You've got the
chairmanship. Again, different skills needed. Where do you turn?
The move from being a manager to a directorship - or from director to chairman - is a more than a change in responsibility, it is a major change in behaviour and identity. For most of your career you will have been becoming more expert in a narrower field, or focusing only on the interests of a single department. Suddenly, you need to have equal responsibility for all departments and to monitor a very wide and general environment, both inside the organisation and externnally.
Formal director training might help you to understand the legal implications of your new role and the responsibilities of company boards. But to help you make the behavioural changes, the best solution is personal support through executive coaching:-
- What are the challenges of the new role?
- What do your old colleagues expect of you now?
- How do you handle the change of status and relationships?
- What do your new board room colleagues expect of you?
- What do customers, suppliers and other stakeholders now expect?
- How do you handle dual responsibilities as head of department and board member?
- What practical steps should you take to improve your awareness, develop new skills, establish yourself in your new role?
Transition coaching, both before and after your appointment will help you make a successful move into this new role.
Directors - improve your performance against external standards
The
Institute of Directors publication Standards for the Board provides an excellent basis for a coaching programme.
It
is a benchmark standard which provides guidelines of good practice, including statutory requirements,
for company directors, which should inform the way in which you collectively and individually
conduct board business and discharge your responsibilities. It provides a framework within which
company boards can develop, maintain and review their corporate governance policies and practices.
And it helps boards improve their own performance and, through this, the success of their companies.
Sensible application of Standards will clarify your board's tasks and the way you conduct
your affairs, and help you make many of your important decisions. It can be used as a tool for
re-appraising what the board does and how it does it, and for taking actions which might
otherwise not have been taken.
Standards also highlights the attributes required of individual directors if a board is to
operate successfully, and can be used to assist in the selection, induction, training and development
of directors.
Check out your effectiveness as a director with our free dynamic on-line training needs analysis.
Learn about continuing professional development for directors.
Contact us now to discuss how we can use it to support your performance as a
director or chairman, or obtain massive improvement in how your board operates.
Answer, honestly, could your board be more effective? Most boards could!
Find out more
We don't know whether you have yet defined a need for director development, or whether you would like to learn more about coaching.
You could contact us now. Or you could explore more of the
site or our resources or
book reviews or you could try a training needs analysis.
Or, of course, you could do nothing.
The choice is yours.
Why not contact us now.
|