A recent study for the INSEAD Leading from the Chair Programme, including a survey of 118 chairs company boards from 30 countries, reveals that the job of the contemporary chair is very real and hands on, requiring close interaction with board members, company management and stakeholders. Chairs are engaged, agile, strategic and continue to learn. While the majority of respondents stated they wanted to become chairs to put their skills and experience to productive use, many said they were motivated by the opportunity to continue learning and develop new competencies. Very few (less than 5%) noted prestige and compensation as key motivating factors
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