Applicant Information

 

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Future Directors aims to give young talented people the opportunity to observe and participate on a company board for a year. If you are selected as a Future Director, you will:

  • attend all board meetings
  • be assigned an experienced mentor
  • participate as a board member in all aspects but will have no voting rights and will not form part of the quorum of a board meeting
  • receive payment at a rate agreed with your host board.

How do I apply for Future Directors?

All applicants for Future Directors are required to complete an online application. Before you begin, you should have an up-to-date copy of your CV available.

The application form will ask you to:

  • identify a series of criteria that define your experience, skills and industry exposure in addition to each position you have held. The application form captures as much criteria as possible to enable very specific requirements from a host board to be matched.
  • upload your CV. Please ensure your CV and the information you upload is complete and up to date.

When you have completed your application, we suggest you either save or print for your records.

To be considered as a Future Director, you will most likely be:

  • a young star who stands out as having achieved something significant in business to date
  • second or third tier management or business owner
  • aged between 35-50 years (this is a guideline only as individual hosts may have age criteria relevant to their board mix)
  • experienced in a range of skills and sectors.
How does the selection process work?
  • Host boards complete a questionnaire which details the skills and sector experience they require.
  • The IoD works with one of several leading search firms or uses its own DirectorSearch service to refine the search and recommend a small number of potential candidates taken from the Future Directors database and their own networks.
  • The host board will interview shortlisted candidates and make the final selection.

What happens if I am selected?

If you are selected as a Future Director, your host board will:

  • allocate you an experienced board member as mentor who will:
    • contact you prior to each board meeting to discuss the agenda and answer questions
    • debrief with you after every board meeting and be available to answer questions and provide process explanations as required
  • agree payment at a rate to be agreed between parties
  • include you as a Future Director in the company’s D&O liability insurance.

What happens if I want to update my details, or add a new CV?

You can login to the Future Directors website and update your details or upload an updated CV at any time.

How often can I expect to hear from you about Future Directors?

If you are shortlisted for an opportunity, you will be contacted. Each quarter we will send you an update of placements for Future Directors.

View Applicant Terms and Conditions