DiscoverBoard Shorts PodcastBreak into the Boardroom: Understanding your Board Value Proposition | Ep. 103
Break into the Boardroom: Understanding your Board Value Proposition | Ep. 103

Break into the Boardroom: Understanding your Board Value Proposition | Ep. 103

Update: 2024-12-08
Share

Description

Understanding your unique Board value proposition is a critical step in your Board journey. By clearly defining what you bring to the table, you can effectively position yourself for the right Board opportunities.

What is a Board Value Proposition?

Your Board Value Proposition is a strategic positioning statement that highlights your unique blend of skills, experience, and passion. It's about showcasing your value to potential Boards and differentiating yourself from other candidates.

Key Components of a Strong Board Value Proposition

  • Professional Expertise and Accomplishments: Technical skills, industry knowledge, and proven track record.
  • Career Experience: Diverse roles, leadership positions, and transferable skills.
  • Network and Connections: Strong relationships within your industry and beyond.
  • Board Experience: Previous Board roles, contributions, and experiences.
  • Personal and Lived Experience: Unique perspectives and experiences that can benefit the organisation and Board.
  • Wealth and Financial Acumen: Financial resources and access to these (yours or others).
  • Passions and Interests: Alignment with the organisation's mission and values.

Identifying Your Unique Value Proposition

To uncover your unique value proposition, ask yourself:

  • What are my core strengths and skills?
  • What unique perspectives can I bring to the boardroom?
  • What industries or sectors am I passionate about?
  • What kind of board would be a good fit for my experience and goals?

Leveraging Your Board Value Proposition

Once you've identified your unique Board value proposition, you can use it to:

  • Craft a compelling Board resume: Highlight your key qualifications and achievements.
  • Build a strong personal brand: Develop a strong online and in person presence and share your expertise through thought leadership.
  • Network effectively: Connect with potential Board members and other influencers and connectors.
  • Prepare for Board interviews: Articulate your value proposition clearly.

By understanding and effectively communicating your Board Value Proposition, you can increase your chances of securing a coveted Board seat and making a meaningful impact.

References to textbook quotes in episode: Lovelock, Patterson, and Wirtz (2011) Services Marketing: An Asia-Pacific and Australian Perspective (5th ed.). Pearson Australia. Pages 79-80.

Links to Resources Mentioned in this Episode

The Ingredients for your Board UVP | Ep. 98

Sign up to the SpringBoard priority waitlist below.

https://getonboardaustralia.com.au/academy/springboard/ 

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Break into the Boardroom: Understanding your Board Value Proposition | Ep. 103

Break into the Boardroom: Understanding your Board Value Proposition | Ep. 103

Lisa Cook