We are getting closer to touching on all main considerations and focus areas as we continue our ongoing series, 'Why Build an Effective Board For Your Company?' Today we focus on important Topic #6: Infusing the 'Planes of Congruence' Concept in Your Board Design.
What exactly do we mean by 'Planes of Congruence'?
I am glad you asked! Above and beyond industry/vertical expertise (mentioned in our previous Topic #5: Creating Your Board's 'Sphere of Influence' pertaining to vertical considerations), Board member composition for your team should additionally be evaluated at multiple 'planes' or horizontal considerations.
These horizontal planes add depth to your board by creating additional evaluation criteria for Board candidates as well as offering further structure for in-place Boards. For instance, a few additional horizontal planes to consider could include:
These are just 4 of many additional 'Planes of Congruence' considerations to evaluate when building your Board. Reach out with your thoughts on what you believe are additional important horizontal considerations for your Board.
What will you consider when building or evaluating your Board?
Continue to read our ongoing series on the important focus areas you need to be thinking about in order to build an effective Board for your company.
About the Author: In addition to sitting on numerous boards, Mark A. Pfister advises public, private and non-profit boards in efficient and effective operations. He is the inventor of the 'Board as a Service' (BaaS) engagement model and an expert project / program manager frequently consulting on strategic global initiatives in their initiation phases as well as programs that require remedial focus to bring them back on track. Mark holds a Professional Director Certification through the American College of Corporate Directors (ACCD).
Have Mark join you with his 2017 National Speaking Tour 'Building an Effective Board For Your Company' as he shows business owners and leaders the immense value of creating an experienced 'go-to' team.