Key Competencies for Directors

The board is responsible for ensuring that it has represented on it the skills, knowledge and experience needed to effectively steer the company forward. Directors will be appointed to the board because their specific skills, knowledge and experience will fill particular gaps on the board. It is important to acknowledge that not all directors will possess each necessary skill but the board as a whole must possess them. This Q&A runs through job-related competencies and personal qualities that are advantageous to directors and personal qualities that are advantageous to directors.