Functions & Roles
Board Members
Challenges
The market is demanding increased transparency and accountability. New compliance mandates, regulations and shareholder activism are the drivers, but governance is more than just compliance. Boards of Directors’ matter — and now they matter more than ever. Boards and their constituencies are clamoring for more strategic engagement and value-add by the directors.
Board composition in terms of qualifications and not just because of relations or reputation, globalism, new compensation terms and trends, increased compliance and regulatory demands, succession planning, shareholders’ activism, high risk and crisis management and continuous strategy reviews, due to market uncertainty are some of challenges that board members are facing.
Professionals
Corporate governance accountability, effectiveness, diversity minded, integrity, management of key stakeholder relations, communication, risk management,
executive strategy and leadership are the main characteristics of leaders who can drive organizational transformation and success.
PfB Knowledge and Expertise
In PfB we can help you to allocate the BoD leader or director with strong leadership ability and ability to work toward a common corporate goal; we are seeking key talent without regard for arbitrary boundaries.
Our team has the experience and expertise to support identify the candidate profile meeting your strategy requirements, needs and cultural fit. We work closely with you with you to develop a detailed profile of your ideal candidate. We keep you update with market trends and support you with advice regarding competition, market profiles, compensation packages, employment relations. We go much further than just recruiting; we support you to attract, select, retain and develop the talent you need to move forward, based on your strategy, market conditions and trends; What we are aiming for, is a role analysis, which will summarize the “outer” needs and “inner” desires of each position; this is why we have zero replacements.
When the candidate profile calls for an external hiring, we apply specific selection techniques and take advantage of our broad network of BoD executives. We enable our network and focus on “push” activities, meaning actively and directly addressing the market, in a methodical and thorough way, in order to locate and attract the most talented candidates out there. After assessing them, we choose the most suitable, those who are the “best fit” and present them to our clients.
Having worked in numerous projects, we possess both the experience and the critical recruiting skills. We know what to say and what to do when approaching a candidate who is already employed. This ability provides us with a great competitive advantage. This is why the gap between those who passively source and those who actively recruit remains wide.
Our added value is not limited to successful hirings. For newly appointed executives, the first few weeks and months in the role are critical. They must quickly understand corporate culture, set the right priorities, and establish credibility with colleagues and stakeholders.
