11.4 Board recruitment Flashcards
According to th FRC Guidance on Board Effectiveness, what is the role of the nomination committee?
Board recruitment
Ongoing process of planning and assessment
Other than the typical use of personal contacts for recruitment of directors, what two other techniques are available to nomination committees?
1 Recruitment agencies
2 Formal advertising
ICSA (2017) says that when recruiting any director, the nomination committee should take what into account when deciding on the recruitment process and selection criteria?
The stakeholder perspective.
Why is it important to identify board candidates that represent stakeholder groups?
To ensure that candidates with appropraite competencies are selected, who fit the board dynamic.