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Hi Wiki Community! I'm currently working on a page for the Board Apprentice which is an incredible organization whose aim is to fight diverse boards of 21st-century companies. The Website is here https://www.boardapprentice.com/. I can't publish it myself as I have a conflict of interest. Take a look below at what I've come up with for the page and if you are interested in editing or helping anyway drop me a message. Cheers MIAAccount (talk) 14:59, 19 January 2022 (UTC)

Board Apprentice

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Board Apprentice

Board Apprentice is a social enterprise operating globally that seeks to widen the pool of board-ready talent by identifying and placing high-caliber, diverse professionals as ‘board apprentices’ on boards for one year, allowing them to gain first-hand experience through observation of the workings and dynamics of a board[1].[2] Board apprentices act as observers but commit all the time necessary to fulfill the duties of an appointed board member. They receive board packs, attend board and committee meetings, as well as general meetings during the year. They are not appointed as a director and they fund their own expenses.[1][3]


Founding & Motivation

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Board Apprentice was set up as a not-for-profit organisation dedicated to increasing diversity on boards in the UK, widening the pool of board-ready candidates and helping boards increase diversity of ethnicity, gender, culture, age, disability and skill sets [4][5]. When founding organisation, Charlotte ValeurCharlotte Valuer said “as today’s leaders and the leaders of the companies on whose boards we serve, we felt that we should be taking the initiative in focusing on succession planning by nurturing directors of the future and solving the diversity issues at hand.”[6][7] In another interview, Valeur commented that, ‘board decisions are not rocket science – some people like to pretend it is, but it is only common sense. If there is a really difficult decision to make, there are a lot of advisers who will help.'[8]https://jerseyeveningpost.com/news/2015/10/21/sexism-in-business-women-in-senior-roles-still-a-minority-in-jersey-says-report/</ref>

Expansion and Extension

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Founded in the UK in 2014, there are now chapters in seven countries and approximately 50 host boards globally.[9][10] The Board Apprentice concept started as an idea in Jersey in 2013.[11][12] EY Sponsored the concept with CML and officially launched it in 2015[11][13]EY brought the concept to Bermuda in 2016.[11][14]The programme has gained much support and is now up and running in Jersey, Guernsey, Cayman Islands, Switzerland, and the UK.[15][16]

Take Up

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Many candidates from around the world have now taken up a ‘board apprenticeship’. To support this, there are a wide variety of host boards: ranging from major listed companies to higher education establishments, from investment trusts to charities, and everything in between. [1][17] There are now chapters in seven countries and approximately 50 host boards globally.[18][19]

UK Government: Future Board Scheme

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In November 2016, the UK government launched the Future Board Scheme in partnership with the 30% Club and Board Apprentice. The scheme gives talented women from a wide range of backgrounds the opportunity to spend 12 months with boards in a developmental capacity. It is a unique opportunity for senior women to get board experience to progress their careers to the next level.[20][21] The scheme is aimed at FTSE 350 companies, SMEs and other major organisations. Each organisation involved hosts a participant on their own Board and in return puts forward an employee of their own to be placed on another participating Board. Several major companies and well-known public sector bodies have already signed up to take part in the scheme, including 30% Club members, Aviva and Hammerson, as well as the Student Loans Company and UK Government Investments.[20][22]

Jersey Financial Services Commission (JFSC) participation

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According to the JFSC, appointing a board apprentice to their board “marks the first across the world where an apprentice is able to observe the board of a regulator”.[23][24]

Higher education

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London Higher is an umbrella organisation working with up to 50 London Universities. This group has a focus on developing diverse board members for university boards. The university boards themselves are the host boards.[25][26] <be>

Corporates & Charities

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Corporate an third sector participation in Board Apprentice include, JP Morgan[27], Tomorrow’s People[28][29], Kennedy Wilson Europe Real Estate, [28][30], Polaris Polaris celebrates two years with board apprentice programme[18][31], Fairway Group’s Trust[32][33], EY, in their Bahamas, Bermuda, BVI and Cayman market segment[18][34], KPMG[35][36] and Digital Jersey[37][38]
Organisations currently advertising for a Board Apprentice include London Southbank University, London Metrepolitan University, Council of the University of Gloucestershire, Fidelity, Advance HE, Gravesend Churches Housing Association, Octavia Housing, Institute of Chartered Accountants in England and Wales (ICAEW ) and Jersey Business Limited[39]https://nedclassified.com/job-category/board-apprentice/</ref>

Impact

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Over 50% of board apprentices become board members within a year of their apprenticeship. The apprentices gain more self-confidence in applying for board positions. Furthermore, they develop their network with existing board members and increase their understanding of what it takes to be a board member. [1][40] Corporate members are successfully using Board Apprentice for talent retention and development in addition to being part of a practical solution to diversity and inclusion challenges.[1][41] One Board apprentice commented that “there are still only a few technology experts at board level,” highlighting this as one area corporates could benefit directly from a board apprentice. [42][43] Organisation & structure:

Executive and Board Members team

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===Ambassadors and Sponsors====

  • Dame Mary Perkins, Co-Founder Specsavers & Board Apprentice Ambassador (Guernsey)[52][53]
  • >John Clacy, Partner, Deloitte LLP (Sponsor of Board Apprentice)[52][54]
  • >Margaret Casely-Hayford>[55][56]Margaret Casely-Hayford
  • >Dr Yvonne Thompson CBE>[11][57]
  • >Baron Myners of Truro>[11][58]
  • >Sir Mark Moody-Stuart>[11][59]
  • >Leena Nair>[11][60]
  • >Foluke Akinlose MBE>[11][61]
  • >Baroness Mary Goudie>[11][62]


References

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  1. ^ a b c d e Cite error: The named reference Black United Representation Network was invoked but never defined (see the help page).
  2. ^ https://burncic.org/board-apprentice/
  3. ^ https://burncic.org/board-apprentice/
  4. ^ Cite error: The named reference Royal Gazette was invoked but never defined (see the help page).
  5. ^ https://www.royalgazette.com/other/business/article/20180308/move-to-bring-greater-diversity-to-boards/
  6. ^ Cite error: The named reference BL Global was invoked but never defined (see the help page).
  7. ^ https://www.blglobal.co.uk/BusinessNews.aspx?id=boardroom-apprenticeship-scheme-to-launch-in-guernsey
  8. ^ Cite error: The named reference Jersey Evening Post was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference The RoyalGazette was invoked but never defined (see the help page).
  10. ^ https://www.royalgazette.com/other/business/article/20180308/move-to-bring-greater-diversity-to-boards/
  11. ^ a b c d e f g h i j k l m Cite error: The named reference Board Apprentice was invoked but never defined (see the help page).
  12. ^ https://www.boardapprentice.com/where-we-are/
  13. ^ www.boardapprentice.com/where-we-are/
  14. ^ https://www.boardapprentice.com/where-we-are/
  15. ^ Cite error: The named reference Contractsit was invoked but never defined (see the help page).
  16. ^ https://contractsit.com/successful-uk-launch-of-board-apprentice-at-parliament-on-2nd-july/
  17. ^ ref>https://burncic.org/board-apprentice/
  18. ^ a b c Cite error: The named reference The Royal Gazette was invoked but never defined (see the help page).
  19. ^ https://www.royalgazette.com/other/business/article/20180308/move-to-bring-greater-diversity-to-boards/
  20. ^ a b Cite error: The named reference UK Government Investments (UKGI) Department was invoked but never defined (see the help page).
  21. ^ https://www.gov.uk/government/news/women-in-senior-leadership-launch-of-the-future-board-scheme
  22. ^ https://www.gov.uk/government/news/women-in-senior-leadership-launch-of-the-future-board-scheme
  23. ^ Cite error: The named reference International Advisor was invoked but never defined (see the help page).
  24. ^ https://international-adviser.com/jersey-regulator-appoints-board-apprentice/
  25. ^ Cite error: The named reference Board Apprientice was invoked but never defined (see the help page).
  26. ^ https://www.boardapprentice.com/where-we-are/uk-franchisees/london-hire/
  27. ^ https://contractsit.com/successful-uk-launch-of-board-apprentice-at-parliament-on-2nd-july/
  28. ^ a b Cite error: The named reference The Times was invoked but never defined (see the help page).
  29. ^ https://www.thetimes.co.uk/article/meet-the-boardroom-apprentice-3mjz25kwggj
  30. ^ https://www.thetimes.co.uk/article/meet-the-boardroom-apprentice-3mjz25kwggj
  31. ^ https://www.royalgazette.com/local-business/business/article/20210428/polaris-celebrates-two-years-with-board-apprentice-programme/
  32. ^ Cite error: The named reference Jersey Finance was invoked but never defined (see the help page).
  33. ^ https://www.jerseyfinance.je/news/fairway-group-becomes-first-to-appoint-board-apprentice-to-trust-company-board/
  34. ^ https://www.royalgazette.com/other/business/article/20180308/move-to-bring-greater-diversity-to-boards/
  35. ^ Cite error: The named reference KPMG was invoked but never defined (see the help page).
  36. ^ https://home.kpmg/uk/en/home/media/press-releases/2018/05/kpmg-calls-for-all-ftse-350-boards-to-appoint-disability-champions.html
  37. ^ Cite error: The named reference Channel Eye was invoked but never defined (see the help page).
  38. ^ https://channeleye.media/youre-hired-digital-jersey-appoints-new-board-apprentice/
  39. ^ Cite error: The named reference Ned Classified was invoked but never defined (see the help page).
  40. ^ https://burncic.org/board-apprentice
  41. ^ https://burncic.org/board-apprentice
  42. ^ Cite error: The named reference Jersey Evening Report was invoked but never defined (see the help page).
  43. ^ https://jerseyeveningpost.com/news/2015/10/21/sexism-in-business-women-in-senior-roles-still-a-minority-in-jersey-says-report/
  44. ^ Cite error: The named reference Director Magazine was invoked but never defined (see the help page).
  45. ^ https://www.director.co.uk/interview-with-new-iod-chair-charlotte-valeur/
  46. ^ Cite error: The named reference LSE Website was invoked but never defined (see the help page).
  47. ^ https://www.lse.ac.uk/Events/2021/02/202102161600/careers
  48. ^ https://www.lse.ac.uk/Events/2021/02/202102161600/careers
  49. ^ https://www.boardapprentice.com/who-we-are/mehul-kotedia/
  50. ^ https://www.boardapprentice.com/who-we-are/yolandasaez-castello/
  51. ^ https://www.boardapprentice.com/who-we-are/nanettevanvliet/
  52. ^ a b Cite error: The named reference Guernsey Chamber of Commerce was invoked but never defined (see the help page).
  53. ^ https://guernseychamber.com/membernews/an-introduction-to-board-apprentice/
  54. ^ https://guernseychamber.com/membernews/an-introduction-to-board-apprentice/
  55. ^ Cite error: The named reference Margaret Casely-Hayford.com was invoked but never defined (see the help page).
  56. ^ https://margaretcasely-hayford.com/
  57. ^ https://www.boardapprentice.com/who-we-are/dryvonnethompsoncbe/
  58. ^ https://www.boardapprentice.com/who-we-are/baronmyners
  59. ^ https://www.boardapprentice.com/who-we-are/sirmarkmoodystuart
  60. ^ https://www.boardapprentice.com/who-we-are/leenanair
  61. ^ https://www.boardapprentice.com/who-we-are/folukeakinlose/
  62. ^ https://www.boardapprentice.com/who-we-are/marygoudie


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