In preparation for our upcoming symposium on Boards, we conducted a survey of CEOs, Board Directors, and Advisors. We had an overwhelming response to our survey from 112 participants. In our 10 question survey, half were common to CEOs and Directors and rest were tailored. Over the next few weeks, we will share some highlights of the results.
This week, we share our findings on Director attributes. We asked respondents to rank important attributes of a Board Director.
As you see, there is general agreement between the two groups as to the important attributes:-
- general business acumen
- interest in the company
- startup acumen
We observed a wide variance on importance of industry connections and on follow up, we found that most CEOs had never had a discussion to leverage industry connections. Industry connections are deemed to be “great if you can get it”.
Stay tuned for another insightful chart next week.