Independent directors may work hard, but such positions offer prestige, sharpen professional skills, enhance networks and are often lucrative, reports Livemint. Egon Zehnder’s Govind Iyer agrees that spending time on a company board gives executives an edge. “It contributes to an executive’s growth in multiple ways. It helps you get a perspective which is non-operational. You understand how a board works and how management decisions may be perceived by stakeholders. All these experiences help you be a better manager,” explains Iyer.
Full story: Sonya Dutta Choudhury: The Outsiders in Livemint (7 August 2016).
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