NACD BoardTalk’s “Adding a Director to your Board? Beware of These Six Common Myths” largely addresses the benefits associated with utilizing an outside search firm to assist with identifying new board member candidates. Among other things, search firms commonly bring expertise, independence, objectivity, and a pool of numerous, well-vetted, diverse, qualified candidates. Companies have a myriad of choices as respects search firm size, capacity, and expertise in company-specific priorities, which may include, e.g., industry, geography, different types of diversity, board and professional experience, and particular skill sets.
Access additional resources on our Board Recruitment & Refreshment and Board Diversity »Diversity Organizations & Initiatives pages.
This post first appeared in the weekly Society Alert!