Corporate Boardbound Workshop—October 13, 2022

Summary

Come to October workshop prepared to:

• Understand the expectations of Corporate Boardbound program

• Get to know other members of your cohort and establish a supportive collaborative learning culture.

• Share your thoughts in breakout sessions

  • Introduce yourself with your industry background, functional expertise, and stage of company which is your best fit.  Also, be prepared to share reflections from the Board Readiness Audit in your homework.

  • Discuss how your strengths match the skills boards are seeking.  Be prepared to share your homework conclusions for Financial Awareness Evaluation and Skills Match with Board Requirements.

• Engage with the speakers on the topic of board governance responsibilities.  Hopefully, your pre-reading will be helpful for this discussion.

Preparation

Basic Pre-Reading

• View presentation “Orientation to Corporate Boardbound” prepared by Kate Frazier and Bill Heck. This is designed to help you understand the expectations for your participation and preparation, and resources to support you. Or you can watch the recording.

• “Duties of Board Directors” compiled by Bill Heck. This is a quick read of the basics.

• “Future of the American Board Report” by NACD.

• Read pages 15-24 of Be Board Ready by Betsy Atkins which covers how to brand yourself.

• “How to Prepare Yourself for Corporate Board Service” by Catalyst.

• “Why—and How—to Articulate Your Value Proposition” blog by Tissa Richards

Optional Reading Materials

• “Women on Colorado Boards: State of the State” prepared by Boardbound by Women’s Leadership Foundation with data as of December 31, 2021.

• “Primer on Boards” for basic descriptions of types of boards.

• “Legal Considerations when Serving on a Board of Directors” by Regina Rodriguez when she was previously at WilmerHale. Regina is a Corporate Boardbound alumna who is now Judge at US District Court for the District of Colorado.

• Familiarize yourself with relevant sources in the Resource Library.

Homework

• Board Readiness Audit—Please fill out before the workshop and reflect on any areas where you feel you need development.

• Financial Awareness Evaluation—please review this summary of financial basics and evaluate your current level of financial acumen. Do you need to pursue any development in this area? If so, some resources are identified. Readings referenced in this document can be found in Resource Library. If you have a Finance background, read the SEC Financial Expert definition in the Resource Library to determine if you qualify..

• Skills Match with Board Requirements—please fill out before the workshop and be prepared to discuss in a breakout session.

• Mentor Meetings—One of participant’s responsibilities is to proactively calendar your meetings with your mentor at least quarterly. The attached mentor guide gives some ideas of what your mentor may want to cover in these sessions but both of you can shape your discussions to meet your needs.

Agenda

Learning Objectives:

1. Understand the expectations and norms of the Corporate Boardbound program

2. Understand basic responsibilities of a corporate board director vs. management role

3. Identify current board trends and understand how to relate your skills to those boards are seeking

4. Begin the process of developing your portfolio of tools which will include your Value Proposition, Board Bio, Board Resume and LinkedIn Profile

Welcome and Purpose begins at 4:30pm

Opening | Annita Menogan

Getting to Know Each Other / Board Readiness | Breakout Session

Governance

Board Governance 101 | Bill Heck and Annita Menogan Here’s the link to the presentation.

Break

Board Journey

Board Trends | Jo Lynne Whiting Here’s a link to the presentation.

Skill Match with Board Requirements | Breakout Session

Your Board Documents | Kay Tierney

Thanks and Closing

Next Meeting| Kate Frazier

Survey| All

Adjourn at 7:30 pm