There are multiple programmes offering specialised certifications to help leaders get ready for this transition. While this form of structured learning is critical and helpful and one can choose the right one based on their requirements, there are multiple parameters leaders need to consider to ensure their readiness for serving on the board of a company.
Arvind Pandit, Founder & Managing Partner, Ishwa Consulting, says a key step senior leaders need to keep in mind at this juncture is that experience matters more than certification. Certifications are valuable, but they can't replace the depth of expertise gained through years of real-world experience. Companies value depth and substance over mere credentials. Industry knowledge is a differentiator as directors must offer more than surface-level understanding. Companies favour those who have built something tangible over those who’ve just studied the plans.
Another critical factor is networking, says Pandit. While a certification can open doors, it is one’s professional network that will get them a seat at the table. Active engagement with industry leaders turns potential into opportunity.
In a constantly evolving business landscape, staying informed is not optional but essential. Directors who commit to continuous learning remain effective and relevant, says the managing partner of Ishwa Consulting. Overall, it involves developing leadership, communication and negotiation skills that are crucial for effective governance.
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