The Leadership Tool More Directors and VPs Need: A Personal Board of Directors

Usually, it starts when a leader realizes how much thinking they are doing alone, how much is changing, and how few places they have to test their perspective. You are expected to…

Dawn McGoldrick Avatar

Personal board of directors illustration showing a leader having trusted leadership conversations with mentors, peers, and senior advisors.

Usually, it starts when a leader realizes how much thinking they are doing alone, how much is changing, and how few places they have to test their perspective.

You are expected to make better decisions, anticipate more complexity, influence more stakeholders, and stay steady when the answers are rarely obvious. At the same time, fewer people may be willing to challenge your thinking directly.

That is where a personal board of directors can be useful. Not as a formal group, another recurring meeting, or one more thing to manage. It is a deliberate set of relationships that helps you think more clearly, test your assumptions, and lead with more perspective.

What is a Personal Board of Directors?

It is a small group of people you intentionally turn to for different kinds of insight. They are not all playing the same role and they should not all be people who naturally agree with you.

If you think about the role of a company board, they are not there simply to agree with the CEO and execs. Their role is to ask better questions, challenge assumptions, look at risk, and help the organization think more clearly about direction and performance.

Your personal board can do the same for you.

Why it matters more now

As leaders move from execution into broader roles you become further from the details, but still accountable for the outcome. On top of that there is AI, marketing uncertainties, regulatory change, and shifting priorities, and no one has the full picture on their own.

That is the value of a strong personal board. They give you a wider sounding board, helps you test your thinking, notice blind spots, and access perspectives beyond your immediate team or organization.

Who should be on your board?

There is no perfect list, and this does not need to become complicated. The strongest personal boards usually include people who play different roles.

You may need a Sponsor who speaks about you when you are not in the room, a Truth-Teller who will challenge you directly, an Industry Expert or Forward Thinker who helps you look ahead, a Connector who broadens your exposure, and a Coach or Thinking Partner who focuses on how you lead, not only what you deliver.

You do not need all five people tomorrow. You may already have some of them. The work is to become more intentional about who you go to, what you go to them for, and where there are gaps.

What research reinforces

This is not a new idea.

Leadership research has long pointed to the value of developmental networks rather than relying on one mentor, one sponsor, or one trusted advisor to meet every need.

Mark Granovetter’s work on the strength of weak ties also reinforces an important point: new opportunities and fresh thinking often come from people outside our closest circles.

Research on decision-making and diversity of perspective points in a similar direction. When everyone around you thinks the same way, your decisions will often reflect that.

The practical takeaway is simple.

If your thinking circle is too narrow, your leadership perspective can become too narrow too.

How to build your board without overcomplicating it

Most leaders already have the beginnings of a personal board. They just have not named it or shaped it intentionally.

  1. Take stock of who you already go to: Notice who you call when something is unclear, when you are stuck, or when you need honest feedback.
  2. Look for the gaps: Ask where you are getting the same kind of advice and what perspective may be missing.
  3. Match people to situations: Use one-on-one conversations with different people at different times, depending on the decision in front of you.
  4. Make it easy for people to help you: Be clear about whether you need advice, challenge, a second opinion, a broader view, a connection, or a reality check.

A final thought

There are times when all leaders feel like they are carrying too much of the thinking on their own, often in environments that are becoming more complex by the day.

A Personal Board of Directors helps you navigate it, as your role becomes bigger or evolves, your thinking partners may need to change too.

So here is a question to consider:

Who helps you see what you cannot see on your own?