Chairs and boards play a critical role in the strategic oversight, culture, and purpose of organizations.
A cohesive board of talented, diverse and experienced directors is perhaps the greatest asset a chief executive and management team can have at their disposal to seize business opportunities and effectively manage risk. This is particularly true at a time of rapid business change, digital disruption, evolving business models and societal expectations.
Non-executive directors (NEDs) – also known as supervisory or independent outside directors – and chairs are a proven way of helping businesses of all sizes and ownership structures to gain access to valuable talent whose experience can add constructive insights.
Odgers Berndtson executive search can help you find the right chair or NED, working in partnership to:
The ideal chair or NED should have complementary skills and experience that will add value to your business on board matters including:
This is particularly true in an environment of elevated transparency around board compensation, performance, constitution and responsibility. In Canada, companies must not only disclose the composition of their boards—they must also explain the steps they’re taking to diversify membership by gender, ethnicity, background and age.
As boards work to address the mounting needs of more active shareholders, and more vocal stakeholder groups, this diversity becomes even more critical. Add in a rapidly-shifting board mandate that is extending beyond traditional financial oversight to issues such as climate change, cyber security and risk management, and the need for strong board membership becomes even more imperative.
Odgers Berndtson has the experience to help you constitute a highly-effective board. Whether you need people with proven industry expertise; the skills to navigate a highly-regulated environment; or an in-depth understanding of environmental, competitive, regulatory, operational, fraud, cyber security and/or reputational risk, we work across the country and across industries to uncover the talent you need.