Economic Indicators & Forecasting Topics
Corporate Director Selection and Recruitment: A Matrix

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Every board should agree on a clear statement of desired personal attributes for all board members to guide the nominating and governance committee as they search for director candidates. In addition, boards should adopt a clear definition of director independence. Some have proposed that boards use a matrix model to help fine tune thinking about future director needs and compare desired attributes across positions. Using such a model to assess the skills and experience needed and desired in potential directors can inspire thoughtful discussions by the board, leading to better decisions by the nominating and governance committee.

Director Notes (11 pgs)
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