Five top skills to develop as a Non-Executive Director

23 August 2021

Last updated: 28 August 2024

ICAS Professional Development Team

What are considered the top five skills of a Non-Executive Director, and how can these areas be developed for professional excellence?

A company's Non-Executive Director is committed to shaping the strategy and direction of an organisation, sitting on the Board and advising on key decisions. Succession-planning, independent oversight and policy development are among the key responsibilities where a Non-Executive Director may have input.

1. Independent mindset

One of the most important things a Non-Executive Director can offer is an outside perspective. This is especially important for determining future business goals and developments. A Non-Executive Director should be able to separate themselves from the organisation and approach issues with a clear, unbiased view.

2. Diligence

Often, a Non-Executive Director will have oversight of performance measurement and internal audit. As such, a high level of due diligence in performing their duties and staying informed of industry requirements is expected.

A broad knowledge of regulation and compliance, coupled with personal integrity and attention to detail, differentiates a great Non-Executive Director.

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3. Strategic-thinking

Being able to assess priorities, read the business environment and craft innovative solutions that have a long-term positive impact on operations is vital.

CA skills can be invaluable to this process and for monitoring the effectiveness of existing strategies. Learn more about strategic management with a dedicated professional development course.

4. Industry foresight

Keeping on top of disruptive technologies and other developments in the business / wider industry is essential for informed future-planning. A Non-Executive Director should be able to contribute to the debate with a clear idea of the challenges facing their company in the foreseeable future.

5. Creativity

Agility and innovation are priority skills in a changing business environment. Creative thinking can provide unique insight and help break down legacy processes and mindsets to make an organisation adaptable for the future.

Creative leadership is an ever-evolving ability that can serve a Non-Executive Director well.

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