Boards have a chicken-and-egg problem they don’t like admitting out loud. Everyone wants directors who arrive with real board experience — someone who’s already sat through a crisis, already navigated a committee fight, already knows how boardroom dynamics actually work versus how the governance textbook describes them. Fine. Except nobody gets that experience without someone giving them a first board seat at some point. And here’s the number that shows how badly boards are h

Board composition practices, governance requirements and market expectations vary by jurisdiction and company. Boards should assess their composition against their organization's strategy, risk profile, regulatory environment and applicable governance requirements.