{ "media_type": "text", "post_content": "Has anyone been invited to sit on a board of directors for small to mid-size companies? If yes, what process do you go through to get approval from your current employer?", "post_id": "6168c76fa4030700269b43c5", "reply_count": 2, "vote_count": 3, "bowl_id": "5c133802e4f35d0012ad759f", "bowl_name": "Partners Only", "feed_type": "bowl" }

Has anyone been invited to sit on a board of directors for small to mid-size companies? If yes, what process do you go through to get approval from your current employer?

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There will be a formal policy/process, I imagine your General Counsel team administers it. Usually more compliance oriented but at some stage you need to discuss with your “real boss” the workload expectations. Also how to handle worst case situations, which can arise.

At BCG at least, there is a very structured and formal request/approval process, which, as MD1 also mentioned, is run by the General Counsel’s team. There’s “strict NOs” (e.g., large publicly-traded firms) and then there’s a set of fairly reasonable exceptions for non-profits, smaller companies, family-owned companies, etc. I’d direct this question to IBM’s legal team; pretty sure they’ll be happy to direct you appropriately. It’s a pretty chill non-threatening process. You can be very open about it.

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