Cybersecurity leaders looking to secure board positions in organizations are advised to focus on corporate governance training and building a diverse set of professional experiences. While many CISOs have an extensive cybersecurity background, they may still need to enhance their knowledge of corporate governance issues and procedures. Executive training programs and certifications can help fill this knowledge gap. One popular certification program is the NACD Directorship Certification, which provides a refresher on governance concepts. Additionally, business schools like Northwestern Kellogg, UPenn’s Wharton, and Columbia offer corporate governance executive programs to help CISOs strengthen their governance skills.
Digital Directors Network (DDN) is specifically addressing the need for boardroom readiness among technology executives, offering a comprehensive masterclass on the topic. This unique program aims to equip CISOs and other technology experts with the necessary skills and knowledge to thrive in boardroom environments. By participating in these training programs, CISOs gain a deeper understanding of their responsibilities in the boardroom and enhance their ability to contribute effectively.
However, while certifications and education can provide a boost, it is crucial for CISOs to also gain practical experience in business-level decision-making. The IANS study reveals that only a third of CISOs have experience with strategic board-level decision-making across different functions. Building relationships with board directors is a crucial step in gaining valuable insights and learning from their experiences. CISOs need to broaden their role and perspective within the organization, demonstrating their value proposition across different business units. This exposure to enterprise risks beyond cybersecurity threats is vital preparation for a board position.
To gain a broader perspective, CISOs can consider taking on cross-industry roles or transitioning into consulting. Moving across industries exposes CISOs to different risks and challenges, enhancing their understanding and adaptability. Consulting roles can also help CISOs build business expertise and gain exposure to various organizations and their board structures. Serving on nonprofit boards is another effective way to gain valuable experience and learn from high-powered CEOs who are accustomed to rigorous board interactions.
In conclusion, CISOs aspiring to board positions should prioritize corporate governance training and seek diverse professional experiences. While education programs can provide valuable knowledge, practical experience and a well-rounded skill set are crucial for success. By broadening their perspectives, developing strong relationships with board directors, and expanding their understanding of enterprise risks, CISOs can position themselves as valuable contributors in the boardroom.