When you are interviewed for a board position, the panel will inquire about your board’s readiness and how you can bring value to the company. Boards are looking for candidates who have an excellent level of knowledge in their industry as well as a broad perspective and particular skills that will add value to the existing board members.
You should be prepared to give examples of strategic decisions that you’ve taken at the board level or in committees. You should be prepared to be questioned about your governance and ethical standards.
The panel will also ask you to share your opinions on the company’s overall strategy, its competitive position and the trends in the industry. Like the other questions, you need to be prepared to answer these in a concise, convincing manner that presents the interviewers with an accurate picture of your thinking.
Interviewers are likely to ask you about your leadership style, how you work with colleagues in a group setting, and whether there are any possible conflicts of interests that you could face in the boardroom. Be aware of any conflicts that could arise and be able discuss what you’ll do in the event there is an emergency.
Be prepared for a lengthy review process. Director searches can take longer than those for CEOs, and the board will often proceed in a deliberate, incremental manner.