Is NACD certification worth it? This article explores the benefits and disadvantages of gaining this certification. It can be a powerful weapon for cybersecurity professionals. It can prove to a Board of Directors that an organization’s cybersecurity governance framework is sound. But is it worth the time, effort, and money? Ultimately, the answer will depend on the particular company. The benefits outweigh the costs. The certification costs $15,000, and you must recertify every two years.
nacd certification is a powerful weapon
Having a NACD certification is a huge plus. In addition to enhancing your resume and improving your job prospects, it also shows employers that you’re knowledgeable about the latest trends in consumer behavior. In fact, the majority of NACD’s board members are women, and the organization has a commitment to increasing diversity. The certification is a valuable weapon for any consumer behavior professional, so a strong foundation in consumer behavior is important.
The NACD Directorship Certification exam measures your abilities and skills as a director. Developed by hundreds of directors, the exam is a benchmark for your abilities. You will need it to include a description of your qualifications in an annual proxy statement, which signals to shareholders that you have committed to ongoing professional development. In addition to establishing your credentials, you will stand out from other candidates in board searches. The exam is valid for three years and is widely recognized in the industry.
it requires recertification every two years
NACD certification has been developed through the confluence of leading universities and governance institutions. Board directors who earn this credential can enhance their skills while also helping companies navigate the challenges of COVID-19. The credential is valid for two years, after which you must recertify to retain it. You can also earn credits for maintaining certification through participation in leading director programs. Recertification is a two-year commitment, and you will need to complete 32 hours of continuing education to maintain it.
Recertification is crucial for NACD Certified Directors. It ensures that you continue to advance your career. Besides taking the NACD certification exam, you can also participate in the NACD Education Network. Almost all of its events award credits toward recertification. These include webinars, peer exchanges, and virtual learning programs. Recertification is required every two years and costs $195. You will receive a monthly email tracking your recertification status.
it is voluntary
NACD is a professional association for directors. Its directorship certification program focuses on the development of skills, knowledge, and experience that make directors able to lead organizations. Its educational programs are offered in both in-person and online formats. The programs are designed for directors and executive managers. The full curriculum is available as in-house educational programs for organizations, which can be customized to the organization’s needs. The NACD Directorship Certification Program is designed to prepare directors for the many challenges and responsibilities that are involved in board-level governance.
Unlike many professional associations, the NACD certification program is voluntary. The NACD program is a national voice in corporate governance. Board members in all sectors should be familiar with the organization’s mission, and the requirements for certification will depend on their background and experience. The certification program is a combination of educational coursework and a certification exam. Obtaining this certification demonstrates a director’s knowledge of governance and business judgment.
it is not a panacea
A cybersecurity governance framework is an ongoing process. Organizations must regularly evaluate their measures against evolving circumstances and best practices. To do this, stakeholders should collaborate with cybersecurity experts and gain access to nacd-accredited resources. While nacd certification is useful as a first step towards achieving cybersecurity governance excellence, it should be considered complementary to other resources. The following is a list of additional resources that organizations should consider.