Sample Board Expertise Matrix

In brief: This board expertise matrix was created in conjunction with the directors of Tyco Healthcare (now Covidien Ltd.) as they were developing their own board.

The board expertise matrix includes:

  • Senior leadership experience
  • Business development and M&A experience
  • Financial expertise
  • Public board experience
  • Diversity
  • Independence
  • Industry experience
  • Global experience

How boards can use this resource:

  • Create a board expertise matrix.
  • Review your board’s composition and diversity.
  • Prepare for meetings with investors about board composition.
  • Consider how potential director candidates will fit within the overall board.

Most relevant audiences: Nominating and governance committee members