This 90-minute interactive workshop, conducted online in English, offers advanced education for board members.
Joining a board is an exciting opportunity, offering new responsibilities and the chance to make a meaningful impact. Despite their best intentions, new board members often struggle with the diversity of factors to be considered in their new role, whether before joining or once elected. The journey, while fascinating and enriching, is both a maze of opportunities and pitfalls.
This workshop is designed to expand on the core curriculum of the Startup Board Academy and guide new board members in their duties, providing an extensive overview of the responsibilities and points to which particular attention must be paid shortly after joining a board to set them up for success.
Below is a detailed description of the workshop.
Joining the board – first 90 days
From election to onboarding
- Joining a board: process reminder
- Aspects to consider before joining (initial due diligence, board composition and dynamics, and joining purpose)
- Post-election formalities (contracts, insurances, trade register and signature rights)
Deeper assessment
- Detailed shareholder and board information
- Financial aspects
- Legal considerations
- Business overview
- Commercial aspects and sales
- Human resources management
- Cyber and data protection
- Special business risks
First meetings
- Practical advice on engaging with the other board members, management and company employees
- Communicating efficiently
- Differentiating between the different types of board dynamics
- Understanding the expected output within 90 days
Performing as a board member
Assessing and understanding KPIs and financials
- Reviewing and adapting KPIs
- Defining management and reporting (contents and frequency), liaising with relevant parties
- Understanding the product, the customers and the market
Contributing to board decisions
- Designing the strategy
- Governing and controlling the company
- Electing and dismissing management
- Protecting the company’s interests
- Streamlining communication channels between stakeholders
Joining sub-committees
- Contributing on relevant topics to provide the most value
- Improving board efficiency
The workshop allows for an excellent opportunity for current board members to discuss specific challenges and benefit from each other’s experience and insights into how to be a good board member.
Workshop duration
1.5 hours.
Workshop format
Video conference.
Pricing
- External participant: CHF 150
- Board Academy Alumni: CHF 130
15% discount on booking three or more workshops.
Trainers: Virginie Verdon et Brigitte Baumann.
