Greg Stevenson explains why the Australian Institute of Company Directors credential, while valuable for board preparation, won't prepare you to be a CEO. The AICD teaches board-level skills, not the different set of capabilities CEOs actually need, creating a gap between what executives expect and what they get.
The AICD is the credential almost every executive preparing for a board role is chasing, and it will not make you CEO ready. Not because it's not valuable, because you're solving a different problem. I want to talk to you about the AICD today, not to dismiss it. I respect what it does, but I want to be honest about what it does not do, because the gap between what people expect from it and what it actually delivers is costing executives at the senior level.
