Guernsey will need to broaden its director talent pool to successfully meet the new challenges that 2023 will send our way. Do local boards have the right skills to overcome problems which they may never have encountered before e.g., disrupted supply chains, an increase in cyber-attacks, climate risks, investor pressures on ESG and a global War on Talent? In facing these challenges, boards will need to anticipate skill gaps and be open to accepting non-traditional skill sets into the boardroom. How many boards that you know have directors with backgrounds in science or technology or CSR or human resources?
In the IOD Company Direction Programme Guernsey has a gold-standard course that provides an excellent foundation for aspiring directors, and the GTA University Centre also offer a FREE mentorship programme for those knocking on the boardroom door. The NED Development Programme seeks to bring through the next generation of local directors with placements on boards under the guidance of experienced board members.
Through the NED Development Programme partner boards can help diversify and develop the next generation of local NEDs by transferring their experience, knowledge and skills to participants. Partner boards benefit from fresh thinking that a developing NED can bring to the table - they often have modern-day skill sets not found on long-established boards.
For participants, this programme differs from others as – in addition to training courses and networking events – they benefit from a 12-month board placement including the provision of a mentor. This placement gives them first-hand experience of what it is like to sit on a board, an understanding of NED roles and responsibilities, and opportunities to develop core knowledge and skills required to become a NED. Participants leave the programme with the confidence, experience and knowledge to undertake full-time NED positions.
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If you are an aspiring director or a board looking for fresh thinking we’d love to talk to you and will be hosting a lunch and learn event on 29 March 2023 at the GTA University Centre. You will be able to find out how the programme can help you and hear from participants who have benefitted from it.
To find out more please contact Julie Eaton at 224575 or email [email protected]