Attributes of ‘Experienced’ Board Members

Authors:
Nevan Wright, AUT University
Nicola Deacon, Ansur Ltd.

Abstract: A grounded theory approach was used to explore the term ‘experienced board member’ and to research the attributes board members expect of an experienced board member. Data was derived from interviews with nine (current and past) New Zealand board members. A common set of attributes of an experienced board member emerged from the study.  The linking theme of the attributes is that they support the process of reaching a quality agreement or decision. The results of this study suggest that an experienced board member is perceived to be a board member who contributes to achieving a quality agreement and decision, using attributes associated with: * Contribution to Board processes  * Understanding and Knowledge (governance and business acumen) * Internal Drivers * Making Hard Decisions The relationship between board member experience and board member performance is also discussed.