United HR relocation experts give tips on how to get an advisor position

4 de August de 2020

In this year of 2020, executives were more demanded to join boards of directors, according to a survey by UNITED HR, an outplacement and executive search company.

The movement occurred mainly in privately held medium-sized companies. Boards are usually made up of more senior professionals who bring their experience to contribute to new strategies.

Márcio Miranda CEO of UNITED HR, informs that “There is a tendency to diversify the boards bringing people with other expertise, mainly digital”, he says. “A company in the industrial sector, will be affected by technology”, so the director may have been a director or president of a software company and occupy the position of director of any sector.

The skills that a chairman or director of the board should have is to know about governance, regulation and technology, so it is important for the board member to seek constant academic improvement, says Márcio Miranda.

Some certifications on topics related to corporate governance, such as Fundação Dom Cabral and IBGC (Brazilian Institute of Corporate Governance), & nbsp; they are also recognized and highlight the curriculum, but it is not mandatory.

Being an advisor is not just being a visionary, but leaving the role of manager to act as a representative of investors, according to Márcio Miranda of UNITED HR. “The biggest challenge is to leave the day-to-day decision, and thinking as an investor and acting through influence are the most frequent challenges”.

In order to prepare for this change, the specialist in hiring board members Márcio Miranda, suggests previous work in support committees of existing boards in publicly traded companies in Brazil.

In multinationals or subsidiaries of foreign companies, this experience can come through the executive’s contact with investors and shareholders, or through non-business councils, such as those in the third sector.

The boards are formed by executive leaders of different profiles. Corporate governance specialists must be able to reconcile interests and avoid conflicts.

The sector specialist, may be a CEO or former CEO who discuss more strategy and positioning and the “financier”, is usually the CFO or ex-CFO of the financial sector or not who thinks about the best capital structure and guides in processes mergers, acquisitions and joint ventures.

Márcio Miranda says that before appointing an executive to the board, he makes an assessment of leadership skills, a swott of strengths and weaknesses through assessments that & nbsp; & nbsp; demonstrate skills to apply for the position.

Data from UNITED HR show that currently more than 90% of the appointments of directors are made by the companies themselves, by HR professionals and shareholders. Only 10% are conducted by recruitment companies. Therefore, it is important to be close to this audience or to consultants specialized in appointing advisers to companies.

Márcio Miranda CEO of UNITED HR says that council meetings are generally bimonthly, may involve international trips to offices or factories for consultative analysis and reporting.

Finally, another important benefit that the hiring of administrative directors brings to the organization is the help in the succession process, through the management of tasks at the time of the leadership transition, deciding how this planning will be elaborated and executed, says Gustavo

In this year of 2020, executives were more demanded to join boards of directors, according to a survey by UNITED HR, an outplacement and executive search company.

The movement occurred mainly in medium-sized private companies. Boards are usually made up of more senior professionals who bring their experience to contribute to new strategies.

Márcio Miranda CEO of UNITED HR, informs that “There is a tendency to diversify the boards bringing people with other expertise, mainly digital”, he says. “A company in the industrial sector, will be affected by technology”, for this reason the advisor p

he may have been a director or president of a software company and occupy the position of director of any sector.
The skills that a president or director of the board should have is, to know about governance, regulation and technology, so it is important to counselor seek constant academic improvement, says Márcio Miranda.

Some certifications on topics related to corporate governance, such as Fundação Dom Cabral and IBGC (Brazilian Institute of Corporate Governance), are also recognized and highlight the curriculum, but it is not mandatory.

Being an advisor is not just being a visionary, but leaving the role of manager to act as a representative of investors, according to Márcio Miranda of UNITED HR. “The biggest challenge is to leave the day-to-day decision, and thinking as an investor and acting through influence are the most frequent challenges”.

In order to prepare for this change, the specialist in hiring board members Márcio Miranda, suggests the previous role in support committees of the boards existing in publicly traded companies in Brazil.
In multinationals or subsidiaries of foreign companies, this experience can come through the executive’s contact with investors and shareholders, or through non-business councils, such as those in the third sector.

The boards are formed by executive leaders of different profiles. Corporate governance specialists must be able to reconcile interests and avoid conflicts.

The sector specialist, may be a CEO or former CEO who discuss more strategy and positioning and the “financier”, is usually the CFO or ex-CFO of the financial sector or not who thinks about the best capital structure and guides in processes mergers, acquisitions and joint ventures.

Márcio Miranda says that before appointing an executive to the board, he makes an assessment of leadership skills, a swott of strengths and weaknesses through assessments that show skills to apply for the position.
Data from UNITED HR point out that currently more than 90% of the appointments of directors are made by the companies themselves, by HR professionals and shareholders. Only 10% are conducted by recruitment companies. Therefore, it is important to be close to this audience or to consultants specialized in appointing advisers to companies.

Márcio Miranda CEO of UNITED HR says that council meetings are usually bimonthly, may involve international trips to offices or factories for consultative analysis and reporting.
Finally, another important benefit than hiring administrative advisors brings to the organization is help in the succession process, through the management of tasks at the time of the leadership transition, deciding how this planning will be elaborated and executed, says Gustavo Apostolico CFO of UNITED HR.
Gustavo Apostolico also comments that, companies’ boards of directors may have different sizes, remuneration of their members based on different negotiations and a frequency of meetings that varies according to their needs.

Apostolic CFO of UNITED HR.

Gustavo Apostolico also comments that companies’ boards of directors may have different sizes, remuneration of their members based on different negotiations and a frequency of meetings that varies according to their needs.

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