This podcast episode features Victor Arias discussing his career journey, the evolution of board searches, and the changing demands for board members. Victor emphasizes the importance of building a strong brand and expertise, and highlights challenges such as underrepresentation of Latinos on boards, and focuses on cultivating self-awareness and board effectiveness. He suggests three influential books. Takeaways • Skilled leadership in boardroom governance, succession planning, and strategic thinking. • Evolution of executive and board search businesses. • Impact of digital platforms on board searches and diversity in board composition. • Compensation of directors and search firms and factors influencing fee structures. • Importance of managing risk and ESG issues. • Increasing demand for diverse board members with global and functional expertise. • Building a strong brand and demonstrating expertise in a specific area for a board seat. • Underrepresentation of Latinos on boards and the importance of diversity. • Creating board depth with members from different backgrounds who can navigate uncertainties. • Expanding outside core circles and having multiple mentors and advisors.
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