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Why Building a Board Portfolio Is Harder Than You Think And The Three Pillars That Actually Deliver Paid Board Seats

There’s no doubt that 2026 will be a watershed year for aspiring board directors. More executives than ever are preparing to build board portfolios as part of their long-term career strategy, and the interest is only accelerating. But while the aspiration is common, the pathway is anything but straightforward.

As someone who has worked in the Australian board director market for more than two decades, I can tell you this: even I would struggle to do this alone. That’s how complex and relationship-driven this world really is.

Securing commercial, paid board roles requires timing, precision, and access — and critically, the right help to get in front of the right people at exactly the right moment.

The Australian Financial Review has repeatedly noted that board appointments in Australia remain “highly networked, deeply relationship-based, and often invisible to external candidates.” It’s not a meritocracy or a job market in the traditional sense; it’s a trust ecosystem.

And if you want to break into it, you need more than good intentions and a polished LinkedIn profile.


⭐ The Reality: Building a Board Portfolio Is Challenging — But Worth It

Developing a board portfolio that truly works — where roles complement each other, align strategically, and build long-term value — takes time and effort. But the benefits are undeniable.

The remuneration for commercial board roles can be substantial. Beyond that, the intellectual challenge, the strategic influence, and the ability to shape organisational impact make this one of the most fulfilling career pathways available to senior leaders.

However, navigating the board market blindly is the fastest way to stall your progress.

Which is why I anchor every board portfolio strategy in three essential pillars.


The Three Pillars of a Successful Board Portfolio Strategy

1. Brand: Your Board Director Identity Must Be World-Class

Most executives underestimate how critical their personal brand is at board level.

Just recently, I received a two-page résumé from a well-intentioned executive. It listed hobbies. It included a high school certificate. It looked homemade. And more importantly, it sent a very clear message: “I don’t understand how the board director game works.”

“Headhunters will not sit down and tell you what’s wrong with your résumé. They will simply stop engaging with you.”

A misaligned document doesn’t just cost you opportunities — it stops you from even getting in the room.

A true board brand includes:

✔ a professionally written board résumé

✔ a strategically curated online presence

✔ thought leadership aligned to governance themes

✔ media and public profile positioning

✔ clarity on the value you bring to a board table

In a market where perception shapes opportunity, your brand must do a lot of the heavy lifting.


2. Network: The Right People, At the Right Time

Almost every executive believes their network is strong enough to get them started. But while their C-suite network may be impressive, their board network is usually extremely thin.

“A board seat cannot be created. There either is a vacancy or there isn’t.”

This is where most people fall into the trap of randomness: approaching a few NEDs, having coffee meetings, commenting on a few posts, hoping something lands.

That strategy rarely, if ever, works.

Board appointments come from:

  • Chairs
  • Nomination committees
  • NEDs in your target sectors
  • Trusted advisors
  • Private introductions
  • Warm referrals and champion advocates

And as The Sydney Morning Herald has highlighted, “board appointments in Australia overwhelmingly originate through informal channels of trust.”

Meaning that:

❌ cold approaches don’t work

❌ random connections don’t work

❌ having “a few board directors” in your network doesn’t work

What does work is a carefully mapped network strategy:

✔ who you’re approaching

✔ in what order

✔ for which types of roles

✔ with what value proposition

✔ at the moment a board vacancy is emerging

This is not something that can be cultivated overnight — which is why so many executives fail before they even begin.


3. Strategy: A Proven, Intelligence-Driven Methodology

Understanding how boards make decisions is a specialised skill. It’s shaped by years of pattern recognition, market knowledge, private networks, and deep familiarity with governance processes.

“My strategies are based on 20+ years in the board director market — knowing who sits on nomination committees, which private equity firms are open to approaches, and how board decisions are actually made.”

Most executives do not have this insight. Most executive search firms won’t give it to you. And the advertised market certainly won’t reveal it.

A sophisticated board strategy includes:

✔ skills matrix intelligence

✔ PE and VC investment cycles

✔ timing of governance refreshes

✔ upcoming chair transitions

✔ organisational transformation triggers

✔ private introductions to key decision-makers

These elements cannot be guessed — they must be known.


The Secret Ingredient: Private Introductions

This is the part most people outside the inner circle never see.

“If you become a client of mine, you tap into my networks, my private introductions — and they really are the secret to our success.”

After completing more than 10,000+ board appointments, I can tell you: People hire who they trust. People trust those who are introduced by someone they respect.

This is why a DIY approach almost always fails — not because the executive isn’t capable, but because the pathways are closed without guided introductions.


2026 Will Be a Competitive Year — If You’re Serious, Start Now

I’m finalising my limited 2026 cohort now so I can fully support each client with a tailored, high-touch board portfolio strategy.

If you’re serious about building a paid, commercial board portfolio — not a random collection of unpaid board roles — and if you understand the value of being introduced to the right person at the right time, I’d love to have a confidential discussion with you.

👉 Book a private appointment with Kylie Hammond

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