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Recruiting directors

 

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Recruiting directors

Get the most from your directors

You can do much to help your new directors be as effective as possible from the moment they start, and to use their skills and experience for the benefit of your business.

For example:

  • A comprehensive and formal induction programme will help new directors understand the culture of your business and fit into the company. See our guide on getting new workers started.
  • Directors will bring talent and knowledge to the company, but there is often a need for further training and coaching. For example you might address any shortcomings you identified in the selection process, or help them learn skills such as project management, public speaking or using your company's computer system. Extending and refreshing their knowledge in this way will add to the credibility of the board. You can search our Training Directory for details of business skills courses currently available. You can also read our guide on skills and training for directors and owners.
  • Set directors objectives that are SMART - specific, measurable, achievable, realistic and timed - and that are linked to key performance targets for the business. Include these in non-executives' service contracts.

It is a good idea to keep your board as small as possible, especially in the early stages of your business' growth. The smaller your board, the more efficient it is likely to be. If you are preparing to go public, however, you may need to recruit new directors as the process can take up a lot of management time.

Carry out formal performance appraisals to root out deficiencies and to recognise achievements. See our guides on how to use appraisals to manage performance and how to develop your management team.

 

Subjects covered in this guide

 

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