Sourcing Resources to Build Your Board

Building a high-performing board requires you to invest in development.

For a cohesive board, you have a range of options at your disposal. As an example, if you’re looking to build a balanced board, you should attempt to source an audit firm. If you don’t already have access to an audit firm, you should consider procuring one for this purpose. Thereafter, you will have the luxury of having added business development consulting services at your disposal. And you can now invite the audit team to your board meetings (especially the formal ones) for experienced and knowledgeable input.

Another benefit of this added element at board meetings is that the CEO is receiving additional coaching on how to conduct board meetings. Additionally, there is also a benefit to the quality of the meetings themselves – the finance side of things should be better tended to now.

When it comes to executive development and operational support, the board meeting should be a main focus. Watch the full video from OpenView Labs for more information on this topic.