The building of an excellent board of directors is fundamental to setting and attaining organizational goals and good governance. It requires discernment, creative balance, foresight and, above all, objectivity.
Caldwell has a substantial practice in recruiting directors for public corporations, private companies, and not-for-profit organizations. We have recruited new boards for pre-IPO businesses, new or newly privatized organizations, and organizations repositioning after a major challenge or event. We have also helped companies renew and augment the combination of skills and experience represented on their board.
Our proven search methodology is based on a disciplined board recruitment process honed by nearly 50 years of successful search execution. Our approach is highly transparent and is driven by in-depth launch briefings, stakeholder consultation and robust development of role profiles, competencies, original research and sourcing, timely and regular progress updates, outreach strategy, candidate assessment, recommendations of short-list candidates and interview protocols, invitations, offers, and on-boarding.
Our proprietary board-planning tool permits objective analysis of skill sets, and helps develop a sense of the ideal blend of skill, talent, and experience that will serve a board’s strategic interests. Not only does our board-planning tool quantify hard skills and experience (such as audit, investment management, HR, strategic planning, governance, regulatory affairs, and the like), it can also quantify the balance of soft requirements needed, such as philanthropic experience, diversity, local market experience, and so on.
As a strategic partner, we address all facets that are critical to board success, from governance, compliance and disclosure, to compensation, roles and responsibilities, and transparency.