More IT leaders are penetrating boardrooms, made evident by trends such as Spencer Stuart’s prediction for 2024 showing tech and telecom executives dominating new board appointments. However, potential board members must realize that a deep understanding of business dynamics is necessary and that their role is advisory rather than operational. Transitioning from a purely technical background to strategic governance is a challenging yet crucial shift for CIOs seeking board roles. Cultivating a wider network and ensuring business acumen alongside technical skills are fundamental strategies for aspiring board members.
Ed Starodnik of Spencer Stuart highlights the importance of understanding the difference between governance and management, urging CIOs to build new networks beyond their existing circles. Additionally, gaining practical experience through participation in nonprofit boards can be advantageous. The journey to board membership is lengthy, often requiring several years of strategic preparation and networking to create opportunities. CIOs must view this as a long-term commitment rather than a quick fix, aligning their goals with a mindset dedicated to continuous professional growth and broader business insights.
👉 Pročitaj original: CIO Magazine
