If you're angling for a board role and you've been searching for a life raft, you might rejoice knowing that one search term holds an almost magical key to unlocking many of your questions.
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Put another way: 80% of first-time tech board members who participated in Korn Ferry Institute's research landed a board seat via their networks.
Too many otherwise successful executives and senior professionals downplay or never think about the role of networking while job searching, let alone the task of securing a board seat. Does the 80/20 rule win again?
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But the question is a good one, because every journey begins with a single step.
If you're thinking what a Fortune 500 board directorship might look like, Heidrick & Struggles yesterday released their Four Boardroom Trends to Watch. The downloadable publication presents an interesting breakdown including new seats filled, average age of directors, percentage of directors who are current or former CEOs and CFOs, and more.
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