4. Keep board size manageable
What is a manageable size will vary depending on the organization. For smaller companies, directors are usually more involved than those at larger companies who rely a lot on the public image of board members.
There may be times when a board needs to add directors, for example, if your company is planning to go public and requires a larger board to guide through the process, SME Toolkit says.
What is a manageable size will vary depending on the organization. For smaller companies, directors are usually more involved than those at larger companies who rely a lot on the public image of board members.
There may be times when a board needs to add directors, for example, if your company is planning to go public and requires a larger board to guide through the process, SME Toolkit says.