explain the process of appointment of directors
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Recruiting directors
Recruiting directors: the process
When appointing a director for your business, you might be tempted to appoint someone from among your network of industry contacts, eg from businesses that you partner or trade with.
However, it is very important that you choose the right talent for your business, rather than just someone you like. Therefore, the most effective method of appointing directors is to follow the traditional recruitment process by:
putting together a job description and job specification
advertising the position through the normal recruitment channels, eg the financial or trade press
shortlisting applicants
selecting the appropriate candidate via assessment, eg interviews, tests
Using an employment agency
You could consider using a 'headhunter' - an employment agency that specialises in helping businesses recruit directors.
Headhunters offer services such as:
designing job specifications
running assessment centres for candidates
shortlisting candidates for interviews
conducting first interviews
coaching on running effective boards
Be aware that headhunters' fees can make the recruitment process expensive.
Shortlisting and testing candidates
If you decide to recruit without the help of an agency, you should certainly interview shortlisted candidates. However, you might also consider testing them using, for example, an assessment centre.
You should also recruit them in the basis of merit and not personal relations or friendship. There references should be checked thoroughly.
Also,the board should be kept as provided as possible, and not a short and obsolete one
chandu560:
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