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who gives us his thoughts on joining a Board for the first time and becoming a Trustee at Quadram Institute Bioscience.
Board Member, and member of two sub-committees (remuneration, audit)
I specifically knew the Director of the Institute seeking new Board members, and had been contacted for an executive role.
Apart from Trustee role having no compensation, apart from spontaneous travel, the interactions are fairly similar. I have learned that those from an academic background have funding issues similar to commercial entities.
Exposure to great science, great people and great strategic thinking. Plus, a chance to contribute from my experiences.
Coming from an industry background, specifically human pharmaceuticals and diagnostics, my experience complements the other largely academic backgrounds on the Board and the executive team. Specifically, I would guide on commercially-driven decision-making, i.e., is a proposal financially viable as well as scientifically viable?
Actually, remarkably easy, as the Board papers are well laid out, clearly written and easy to understand. I pre-read upon receipt, marking them up, then re-read just before the meeting. Thus, the time-commitment is spread out such that other activities can be accommodated.
To date, all our Board and Sub-Committee meetings have been held remotely. This means less travel and lower costs, but does also make relationship-building more challenging.
Ability to communicate – listening well and presenting complex thinking in a digestible manner.
To make a difference to people, places and times.
Take it on; the Code of Practice is not onerous, and the Boards run in similar ways.
Through Linked-In after being asked to apply for executive roles.
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