8 Habits of Successful Board Leaders

Lead directors need to be diplomats, have the ability to inspire trust, and have the stature if not the experience of a CEO

Spurred by reforms in corporate governance, the number of boards that include the position of lead director, or some variant, has escalated dramatically. So has advice about what the role entails in such key areas as strategy, fiduciary responsibility, and subjectmatter expertise. But what of the personal attributes that a lead director must have to meet the subtle challenges of the role? A series of conversations with some outstanding lead directors turned up surprising agreement about the personal characteristics and technical qualifications that the role requires.

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