Download - Board Prospects Overview
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The Link Between Boards, Prospects and
Possibilities
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Copyright © 2010-2012 BoardProspects, Inc. All rights reserved. Copyright © 2010-2012 BoardProspects, Inc. All rights reserved.
Mission Statement
BoardProspects is the online professional community dedicated to building better boards.
We are committed to providing solutions focused on making the best match between boards and prospects - connecting individuals and organizations while providing educational
resources and tools to improve boardroom service.
Copyright © 2010-2012 BoardProspects, Inc. All rights reserved. Copyright © 2010-2012 BoardProspects, Inc. All rights reserved.
History
• When: Founded in 2010
• Where: Corporate office in Boston, MA
• What: Web based platform providing solutions for connecting individuals (Prospects) seeking to join a board of directors/trustees, advisory board, or committee, together with private, public and non-profit entities (Boards) seeking individuals for Boards and Prospective Members
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Market Drivers
• The traditional board recruitment system creates homogenous boards overlooking the need for independence and diversity. Women and minorities continue to be underrepresented in the boardroom. 2011 proxy year
produced 294 new directorships, 21% women and 14% minorities. Of S&P 500 boards, nine percent have no women and 12% have no minorities. Source: Heidrick & Struggles 10/2011
• Boards lack an effective selection system that properly defines the leadership required and objectively measures the talent of applicants.
• Developing leadership information systems for a board is key to validating progress, spotting trends, and developing early warnings for inevitable bumps in the road.
• 59% of Directors agree that the number one issue that keeps them up at night is unknown risks. Source: Forbes 12/2011
• 295 Private and Public Board members surveyed, 75% raised the importance of risk management education and systems as a means of building trust. Source: Heidrick & Struggles 10/2011
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Industry Solution
• BoardProspects – an independent solution which disrupts the traditional boardroom recruitment process and provides the means for building collaboration and community engagement between boards and prospects.
• Our BoardSearch platform allows organizations (boards) and individuals (prospects) to initiate conversations and find the right match.
• We provide the tools and resources necessary to assist with the promotion of accountability and transparency in decision-making, streamlining the administration of board work, and reduce risk by providing directors easy access to experts, evaluation tools, and guidance information.
• Experts and educational resources are also made available to prospects and members, helping them to improve the probability of obtaining a boardroom seat and remain effective during their tenure.
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Change Boardroom Recruitment from this….
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To this…
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The Features
• BoardSearch - two-way search matches Prospects and Boards based on information members submit to create their profile on the site.
• BoardBlogs – provides visitors with educational blogs from leading, independent experts relevant to the roles and responsibilities of boards.
• BoardMoves - “press release” feature which allows Boards and Prospects to post announcements.
• BoardNews - provides members with the latest news about boards of directors and boardroom issues from around the world.
• BoardKnowledge – provides members with educational resources which include blogs, webinars, videos and white papers.
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Home Page
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Prospect Profile
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Prospect Search
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Board Search
*The positions listed on this page
are not real and are not intended to
imply that the companies listed here
are members of BoardProspects.com
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Board News
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BoardRoom Resources
• BoardU - e-learning platform designed to provide members with educational courses related to boardroom service.
• BoardVault -secure online portal where Boards can maintain all of the documents associated with their board and allow access for their board members.
• BoardChat with the Expert - online chats with various corporate governance and boardroom experts.
• BoardCasts - webcasts of actual board meetings.
• BoardForums - community message boards where members can post questions, links or comments.
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Non-Profits: 1.6MM – each of which could have multiple profiles on BoardProspects.com (e.g. Non-Profit Board “A” has a Board of Directors, Advisory Board, and numerous Board- related committees) Private Companies: 27MM – in addition to those required by law to have a Board of Directors, many of these businesses are forming Professional Advisory Boards and/or Consumer Advisory Boards Public Companies: 60,000 – publicly traded companies in the U.S. – required by law to have a Board of Directors; SEC Rules – what is being done to increase diversity on Board
U.S. Boards
Market
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Professionals: 40 Million professionals in the U.S. who could serve on a Board of Directors, Professional Advisory Board, or Board related committee for the purpose of business or professional development Non-Professionals: Significant opportunity for non-professionals to serve on Boards, Advisory Boards, Board- Committees and Advisory Boards (e.g. over 35 Million retired individuals).
U.S. Prospects
Market
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The Team
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The Team
Copyright © 2010-2012 BoardProspects, Inc. All rights reserved.
Contact Us!
Mark Rogers, CEO [email protected] Bobby Driscoll, COO [email protected] Becky Dowd, CMO [email protected]
BoardProspects.com