Thank you to Gill Dibner for sharing this article on twitter. It is very well thought through and, frankly, shines a rather unflattering light on some of my board meetings of the past.
It highlights the importance of balance in the make-up of the board and the importance of the board being an ultimately positive experience rather than a monthly grilling of the CEO.
More though, it makes the point that a board meeting is not an update meeting. The image below shows one of a suggested ten slides from a board pack. At some stages in the past, our board pack would run to thirty or forty pages of text!
The thing is, of course, if you have to trawl through all that text and numbers, you're not really thinking about the things that matter. A proper case of less being more.
My own mentor, himself and angel investor and Board Chairman at StudentFunder, told me that for him the perfect Board required a combination of experience, competence, personality and network. So how do you go about finding this expert mix? Here’s a few tips.