Looking for a new member for your board of directors can often be very difficult. Especially when you want an upgrade.
On this episode of the Dynasty Leadership Podcast, Jim Zuehlke, of Cardinal Board Services joins the show to discuss what a board should look for when searching for new board members.
What is Cardinal Board Services? Cardinal Board Services is a company that assists other businesses in finding people that would be a perfect addition to a company’s board
In this podcast, Jim discusses how he can take their company to the next level by finding someone who:
- Accurately represents the customers, employees, and suppliers
- Is not afraid of creating tension in order to answer the difficult questions
- Will provide the board with a new and different perspective
- Is on the board for more than just compensation
- Addresses the gaps to be filled within the board
Jim often surprises customers by finding someone that is 2X better than what they thought they could get to be on the board. Listen in to hear how he does it.
Dynasty Leadership Consulting
Dynasty Leadership focuses on helping visionary map out their strategy and take the bold steps necessary to grow their business. If you are one of those leaders I would welcome a conversation with you to hear your story. Call me at 612-845-2076
Key Takeaways:
[4:00] A board for your company helps you keep current with the trends.
[4:55] When does it make sense to have a board?
[7:15] The very first thing that Jim likes to do is do an analysis on the company and see what types of board services they might need.
[12:15] After the analysis phrase, Jim likes to get everything down in writing so that everyone is clear about their next steps and he can also show this document to a potential board member.
[14:20] What does Jim mean by finding a ‘2X person’?
[17:00] How does Jim determine the right compatibility between a board member and the company?
[22:05] The process to onboard a new board member is slightly different than onboarding a team member or a C-suite executive.
[26:15] What are some of the biggest challenges of getting a board member?
[28:35] Is it beneficial to hire a board member that can open doors for them?
[31:15] Jim shares some of his thoughts about diversity and its importance.
Mentioned in This Episode:
Email Todd: Todd@Dynastylc.com
Email Jim: JimZ@Cardinalboardservices.com
Women’s Executive Board Workshop – October 22, 2019. Details below:
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