Seven questions to ask when selecting directors for an early-stage growth company

29 Jul 2021 11:40 AM

Founder & Managing Partner at Better Boards, Dr Sabine Dembkowski, shares insights into setting up a board and selecting directors in an early-stage growth company.

Historically, the search for board members in small early-stage growth companies is limited to the personal networks of the founders and those already in the organisation. It is a convenient approach that ensures that founders remain in their comfort zone at the expense of creating value. The role of a board varies throughout the various growth stages. In an early-stage growth company, a board has more the role of a resource rather than control. 

To ensure that your board is able to fulfill this role, asking these seven questions is an important place to start:

Better Boards are offering a favourable fee on their services for techUK members. To learn more, get in touch with Founder and Managing Partner, Dr Sabine Dembkowski.