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Boards for a New Venture: Putting Together Boards and Working with Them
Sarasvathy, Saras D. Technical Note ENT-0071 / Published May 14, 2009
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Product Overview

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, how to deal with board conflicts.



Learning Objectives

1. Consider desired attributes for a board of directors 2. Distinguish between formal directors and informal advisors 3. Determine factors to consider when establishing board compensation


  • Videos List

  • Overview

    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, how to deal with board conflicts.

  • Learning Objectives

    Learning Objectives

    1. Consider desired attributes for a board of directors 2. Distinguish between formal directors and informal advisors 3. Determine factors to consider when establishing board compensation