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How do you become a member of a Board of Directors?

Started by Kenneth Diaz8 · · 👁 4 views · 11 replies

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Participants Kenneth Diaz8Douglas Ramirez4wanderingdriver17Richard Kelly7Raymond WatsonRebecca Chavez85Amanda DiazCharles Howard74melloweagle28Amanda Allen4
Kenneth Diaz8 Kenneth Diaz8 NewcomerOP
4 messages
joined Jul 2021
#1 ·
How does someone actually land a seat on a board of directors? And can you pull it off without carrying a political party membership card?
Douglas Ramirez4 Douglas Ramirez4 Newcomer
4 messages
joined Mar 2021
#2 ·
To land a seat on the board of directors, you need specific skill sets—like being an expert at analyzing financial reports. You also need to stay in the good graces of the CEO or owner so they actually bother nominating you.

Being buddies isn't strictly required, but you definitely have to prove your worth through your track record elsewhere to get picked.
wanderingdriver17 wanderingdriver17 Member
16 messages
joined Oct 2019
#3 ·
Kenneth Diaz8 said:How does someone actually land a seat on a board of directors? And can you pull it off without carrying a political party membership card?

In the public sector? No way.
But in private business... absolutely.
Richard Kelly7 Richard Kelly7 Member
14 messages
joined Mar 2019
#4 ·
So you're asking because of the "paycheck"—meaning the embezzlement, the shady deals, and all that nonsense—and because you actually care about helping the company make decent decisions? 🕺
I’m dying to know... because honestly, no matter how much I try to look at it differently, the first option is the only one that makes any sense to me.
Raymond Watson Raymond Watson Newcomer
5 messages
joined Aug 2018
#5 ·
Richard Kelly7 said:So you're asking because of the "paycheck"—meaning the embezzlement, the shady deals, and all that nonsense—and because you actually care about helping the company make decent decisions? 🕺
I’m dying to know... because honestly, no matter how much I try to look at it differently, the first option is the only one that makes any sense to me.

Maybe you're just being cynical. For instance, I sit on the board of a local non-profit sports club—strictly because nobody else volunteered and we're legally required to have one.
Rebecca Chavez85 Rebecca Chavez85 Newcomer
9 messages
joined May 2009
#6 ·
Kenneth Diaz8 said:How does someone actually land a seat on a board of directors? And can you pull it off without carrying a political party membership card?

It isn't. You join immediately, because we all know how this game is played...
Amanda Diaz Amanda Diaz Active Member
74 messages
joined Jan 2009
#7 ·
I’m on the board of directors for a local sports club, and I also pull double duty as one of their coaches. My compensation for both roles? Exactly zero dollars.

Don't go thinking every oversight board operates like the ones you see making headlines in the news.
Kenneth Diaz8 Kenneth Diaz8 NewcomerOP
4 messages
joined Jul 2021
#8 ·
Richard Kelly7 said:So you're asking because of the "paycheck"—meaning the embezzlement, the shady deals, and all that nonsense—and because you actually care about helping the company make decent decisions? 🕺
I’m dying to know... because honestly, no matter how much I try to look at it differently, the first option is the only one that makes any sense to me.

What I really want to know is how people actually land those roles—is it through the "shady business" you're talking about, or do they actually grind their way up to the top?
Charles Howard74 Charles Howard74 Member
48 messages
joined Feb 2009
#9 ·
Man, you're looking at it all wrong. In a real American corporation, promotions are actually based on merit. But in most places around here? It’s all about who you’ve grabbed drinks with after work or who you spent your weekends partying with. Could be some house music club, could be a techno rave with glitter everywhere... honestly, it just depends on how much the junior staff likes you.

I remember this one time, I had a secretary. When I got laid off, she stayed on, and we didn't speak for maybe five years. Then, out of nowhere, I see her name in the papers—major international business news, mind you—listed as a Board Member at some massive firm.

I'm telling you, I couldn't believe it. I gave her a call, we caught up for a bit, and I was just like, "Well, look at you, Madam Board Member..."😬

Fast forward another eight years, and wouldn't you know it? Now we're both working together at an enterprise in Germany.

See, being a "Board Member" at a place like ExxonMobil means something totally different depending on what kind of company you're talking about. And hey, let's be real: sometimes these companies are legally required to have a certain number of board members. So, they just grab someone to fill the slot and check the box. That person then puts it right at the top of their LinkedIn profile, and everyone stares like they've seen a ghost, when really, the company just needed a warm body to satisfy the regulators.
melloweagle28 melloweagle28 Newcomer
8 messages
joined Jul 2021
#10 ·
Even in the private sector, climbing the corporate ladder or landing those high-level management roles isn't necessarily tied to actual competence. I’ve seen plenty of instances where people get promoted simply because they’re less capable than their peers—management pushes them up the hierarchy just to clear them out of the way. Then, once they’ve gained a little "leadership experience" from being mediocre bosses, they leverage that title to land even better jobs elsewhere. If you happen to be good at meditation, you can probably slide even further up, especially in companies that don't bother tracking actual KPIs or performance metrics.
And sometimes, luck is all it takes. You could be out working a field in rural Nebraska, and if some big-shot venture capitalist breaks down on the highway and you happen to be the one who helps them out, suddenly your career trajectory changes overnight.
It’s a wild world out there.
Amanda Allen4 Amanda Allen4 Active Member
238 messages
joined Feb 2013
#11 ·
Raymond Watson said:Maybe you're just being cynical. For instance, I sit on the board of a local non-profit sports club—strictly because nobody else volunteered and we're legally required to have one.

It's the exact same story for me—I ended up as president simply because there was a total vacuum of leadership. They told me straight up at the club, "We aren't handing out honors here, we're assigning duties."😁
Raymond Watson Raymond Watson Newcomer
5 messages
joined Aug 2018
#12 ·
Man, the President’s party is a complete mess right now. He’s got his hands full.

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