Corporate Board Bound

Women’s Leadership Foundation Corporate Board Bound Program

Corporate Board Bound is a board-readiness, fee-based initiative for C-Suite women or those with equivalent experience positioned to join a corporate board of directors. Our Corporate Board Bound program includes:

  • Comprehensive assessment to evaluate the necessary experience and expertise
  • One-on-one mentoring with a corporate director
  • A minimum of four leadership workshops with subject matter experts designed to help participants understand governance responsibilities and produce their plan to attain a board position
  • Peer networking with a cohort of participants to develop and support relationship building within a variety of industries and organizations.

Board Readiness Program Responsibilies

Taylor Simonton Board Bound Mentor

See Board Bound Participants and Alumnae  Here are some recent Board Bound participants who were elected to boards:

  • Nilsa Guerrero-Mahon on NioCorp Developments
  • Mary McBride on CatchMark Timber Trust
  • Cheryl Campbell on Hoffman Southwest (Roto-Rooter)

The fee for Corporate Board Bound is $3,000.  The fee is due once the application is accepted and a match with board mentor is made.

Application for Board Bound

The first step to apply for the Women’s Leadership Foundation’s Corporate Board Bound program is to email a current resume to erin@womensleadershipfoundation.org. Applications for the 2018-2019 program will be accepted from January 1, 2018 – July 20, 2018. Program kick-off will take place on Wednesday, September 12, 2018.

 Experience Criteria for serving on corporate boards:

Financial literacy is critical for women who desire to sit on a corporate Board of Directors because most large companies require profit and loss experience. Also, it is important to have at least five years of experience in one or more of the following roles:

  • Chair and/or non-executive director of listed or private corporations
  • Chief Executive Officer, COO, CFO or other C-suite executive or director level appointments in listed or private corporations
  • Family member and controlling shareholder of boards of large family companies
  • Director of government agencies
  • Director of large non-profit organizations
  • Senior professional in institutional investment community
  • Senior partner at professional firms serving boards and their committees as clients
  • Entrepreneur

Qualitative Criteria

Women candidates for a board seat should be practitioners of excellence in corporate governance and have the following qualities:

  • Articulate communicator and good listener
  • High level of emotional intelligence ability to understand the dynamics of the boardroom, and how to deal with conflict when it arises
  • Ability to self-assess
  • Open to and learns from feedback
  • Can lead when appropriate, but aware of collective responsibility and engagement
  • Can challenge constructively and be supportive when necessary
  • Sharp mind and good judgment
  • Self-confident without being dogmatic
  • Understand the importance of independent critical thinking
  • Courage to stand up for that which is in the best interests of the company
  • Understand how to add value to a board
  • Team player

(from the Forte Foundation)

 

Contact Us

1350 17th St., Suite 100
Denver, CO 80202

303-458-0220

BoardBound@WomensLeadershipFoundation.org