Boards for a New Venture: Putting Togeth...
Sarasvathy, Saras ...
Technical Note
Boards for a New Venture: Putting Together Boards and Working with Them
ENT-0071 | Published May 14, 2009 | 6 pages. Technical Note
Collection: Darden School of Business
Product Details
This note teaches students at all levels how to establish a board for a new venture, explaining why it is necessary, how to attract the right members, how to compensate them, how to distinguish advisors versus directors, and how to deal with board conflicts.
1. Consider desired attributes for a board of directors. 2. Distinguish between formal directors and informal advisers. 3. Determine factors to consider when establishing board compensation.