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Feb 02, 2024
The IOD Directors Databank is a ground-breaking initiative pioneered by the Institute of Directors, India. Designed to curate an exclusive database of talented professionals, this innovative platform connects directors, senior executives, and industry experts with board positions and advisory roles in both listed and unlisted companies. With a focus on individuals boasting extensive experience, strategic insight, and a proven track record of domain expertise, the IOD Directors Databank serves as a nexus for professionals looking to expand their network, explore fresh opportunities, and channel their wealth of knowledge into diverse industries.
The IOD Directors Databank stands as a comprehensive directory and databank of future-ready directors, senior executives, and professionals from a wide range of sectors and organisations. This platform offers a unique opportunity for companies and organisations seeking top management positions, such as directors and senior executives, to connect with exceptional talent. By joining the IOD Directors’ Databank community, professionals gain access to a vast network of potential employers and can increase their reach through empanelment.
The IOD Directors Databank welcomes individuals who meet the following criteria:
(1.) Directors and Senior Professionals based in India and overseas.
(2.) A graduate degree or the basic qualification required in their field of expertise.
(3.) Demonstrate skills, expertise, and knowledge in one or more relevant disciplines, such as finance, law, management, sales, marketing, administration, technology, research, corporate governance, technical operations, et al.
(4.) A minimum of 5 years of relevant experience in their respective field.
Databank Categories for Directors
The IOD Directors Databank offers different membership categories based on their association with the Institute of Directors:
(1.) Elite Category: Includes IOD Life Member and Alumni of the 'Masterclass for Directors'.
(2.) Standard Plus: Includes IOD Annual Member.
(3.) Standard: Includes IOD non-member. Registrations are welcome from both India and overseas.
The IOD Directors Databank operates as a dynamic platform for aspiring as well as serving directors looking to be appointed as executive and non-executive positions in organisations seeking diverse expertise. The process is as follows:
(1.) Register and create a comprehensive profile highlighting your skills and professional experience.
(2.) Increase chances of being part of the boardroom community.
(3.) Begin engagement within the community by posting blogs and sharing insights.
(4.) Stay updated with the latest news and updates about the boardroom through IOD's blog section.
Eligibility Criteria for Corporates
The IOD Directors Databank is open to companies and organisations globally.
How it works:
(1.) Registration: Companies and organisations can commence their board recruitment journey by registering on the IOD Directors Databank platform.
(2.) Profile Completion: To attract top-level talent, companies must develop a comprehensive profile that showcases their values, expectations, and the unique opportunities they offer.
(3.) Subscription Selection: The IOD Directors Databank offers different subscription plans that align with the recruitment needs of companies. These plans include Standard, Plus, and Premium, with varying available credits.
To explore the profiles of professionals, companies need to subscribe to one of the following plans:
(a) Standard Plan: Includes 50 available credits.
(b) Plus Plan: Includes 100 available credits.
(c) Premium Plan: Includes 200 available credits.
(4.) Browse Profiles: Once subscribed, companies can explore potential candidate profiles within the databank. This allows them to identify suitable matches based on skills, expertise, and experience.
(5.) Shortlisting & Contact Initiation: After narrowing down their selection, companies can initiate contact with shortlisted candidates to further evaluate their suitability for board positions. This step enables effective communication and fosters a productive recruitment process.
(6.) Meeting coordination: IOD will schedule a formal meeting with the selected professional.
By joining the IOD Directors Databank, directors and senior professionals can expand their network and gain access to a multitude of opportunities. The platform connects them with companies actively seeking board members and advisory roles, providing a gateway to new and exciting ventures. Directors and senior professionals can leverage their extensive experience and strategic insight to contribute to the success of various organisations across diverse industries.
The IOD Directors Databank allows directors and senior professionals to establish a comprehensive profile that highlights their skills, expertise, and professional experience. Through this platform, they can showcase their achievements, qualifications, and domain knowledge, making a compelling case for their appointment to board positions or advisory roles. This visibility increases their chances of being selected by companies seeking individuals with their specific skill set.
The IOD Directors Databank fosters a sense of community among directors and senior professionals by providing a platform for engagement. Registered members can actively participate by posting blogs, sharing insights, and staying updated with the latest news and updates about the boardroom through IOD's informative blog section. This engagement enables professionals to stay connected with industry trends, expand their knowledge, and enhance their professional reputation.
Finding the right talent for top management positions can be a daunting task for companies. The IOD Directors Databank simplifies the process by providing a centralized platform where companies can access a diverse and comprehensive pool of directors and senior executives. With an extensive directory of talented professionals at their fingertips, companies can efficiently identify and connect with individuals who possess the desired skills, expertise, and experience.
Enhancing Board Diversity
In today's business landscape, diversity and inclusion have become key drivers of success. The IOD Directors Databank plays a crucial role in promoting diversity within boardrooms by offering a wide range of profiles from professionals representing various backgrounds, industries, and perspectives. By embracing diversity, companies can tap into a wealth of fresh ideas, innovative thinking, and a broader understanding of market dynamics.
The IOD Directors Databank provides companies with access to a pool of professionals with domain expertise across various disciplines, including finance, law, management, sales, marketing, administration, technology, research, corporate governance, and technical operations. This ensures that companies can find the right candidate with the specific skills and knowledge required to address their unique business needs.
The IOD Directors Databank is a game-changer in the world of board appointments. As the business landscape continues to evolve, the IOD Directors’ Databank stands at the forefront, reshaping the way companies build their leadership teams and esteemed future ready Directors and senior professionals navigate their career paths.
Embrace the future of board appointments and join the IOD Directors Databank today –where excellence meets opportunity.
Owned by: Institute of Directors, India
Disclaimer: The opinions expressed in the articles/ stories are the personal opinions of the author. IOD/ Editor is not responsible for the accuracy, completeness, suitability, or validity of any information in those articles. The information, facts or opinions expressed in the articles/ speeches do not reflect the views of IOD/ Editor and IOD/ Editor does not assume any responsibility or liability for the same.
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Bringing a Silent Revolution through the Boardroom
Institute of Directors (IOD) is an apex national association of Corporate Directors under the India's 'Societies Registration Act XXI of 1860'. Currently it is associated with over 30,000 senior executives from Govt, PSU and Private organizations of India and abroad.
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