The Guide for CIO’s Looking to Become a NED

Many CIO’s are also Non-Executive Directors (NED’s) and offer their skills and expertise to companies in this meaningful role. Becoming an NED is a great way for CIOs to expand their professional horizons and gain valuable experience in different industries and sectors. 

8 Steps to Become an NED:

1. Build a Strong Network

Building a strong network of contacts within the business community is essential to becoming a NED. Attend networking events and conferences, join professional organisations, and build relationships with other leaders in your industry.

2. Develop a Diverse Skill Set

CIOs bring valuable technical expertise to the table, but NEDs need to have a diverse skill set to be effective. Develop expertise in areas such as finance, strategy, and governance. Take relevant courses and seek out opportunities to gain experience in different areas.

3. Get Board Experience

One of the best ways to gain experience and build a track record as a NED is to serve on the boards of smaller organisations. Look for opportunities to serve on the boards of non-profits or other organisations in your community.

4. Seek Out Mentors

Finding a mentor who has experience as a NED can be invaluable. Look for someone who is willing to provide guidance and support as you navigate the process of becoming a NED.

5. Build a Strong CV

A strong CV is essential to getting noticed by companies looking for NEDs. Highlight your relevant experience, skills and accomplishments. Include any board experience you have, any relevant qualifications and any other relevant information that will showcase your suitability for the role.

6. Look for Opportunities

Keep an eye out for opportunities to become a NED. Many companies will advertise these positions, but you can also reach out to companies directly to inquire about open NED positions.

7. Prepare for Interviews

Once you have been selected for an interview, make sure you are well prepared. Research the company and the specific role you are being considered for. Be prepared to answer questions about your skills, experience, and how you can add value to the company as a NED.

8. Be Professional

Once you have secured a NED role, make sure you approach it professionally and with dedication. Attend all board meetings, be up to date on your knowledge of the company and be prepared to contribute to the discussion.

Becoming an NED can be a great opportunity for CIOs to expand their professional horizons, develop new skills and gain valuable experience in different industries and sectors. Building a strong network, developing a diverse skill set, getting board experience, seeking out mentors, building a strong CV, looking for opportunities, preparing for interviews and being professional are all key steps in becoming an NED.