OpenView Publishes eBook on Building High-Impact Boards of Directors

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Identifies Best Practices for Assembling and Managing Value-Adding Boards

Buildling a board of directors

Building a High-Impact Board of Directors

After reading this eBook, CEOs will be better informed about what to expect of their boards and what they need to do to build a high-performance team that can truly add value to their company.

OpenView Venture Partners, an expansion-stage venture capital firm focused on providing technology companies with deep operational support, announced today the release of a new eBook entitled, “Building a High-Impact Board of Directors: A Guide for Expansion-Stage CEOs.” Targeted at the CEOs of expansion-stage technology companies, the eBook explains how to assemble and manage a successful board of directors.

“No matter how experienced CEOs may be, many struggle with board management," explained Firas Raouf, Venture Partner at OpenView. “They are unsure when and how frequently to communicate with their board, how involved their board members should be, or even how the board can provide the greatest value. This eBook outlines best practices that will help them to work with their boards more effectively.”

The eBook reflects OpenView’s considerable experience working with entrepreneurs to navigate the challenges of building and managing the kind of board of directors that companies need at the expansion stage. It is intended to help CEOs:

  •     Understand the value that an effective board of directors can provide
  •     Assess whether or not it is time to change their current board
  •     Recruit and assemble a high-performance team
  •     Establish a clear management rhythm to engage your board effectively

In addition to sharing OpenView’s ideas, the report is supplemented with the results of a recent OpenView survey of more than 80 board members and CEOs at companies. The objective of that survey was to get their views on things like the value that a great board of directors can bring, the ways in which bad boards can cause the most harm, and the most influential factors in determining whether or not a board is successful. The results of the survey are shared throughout this eBook.

“After reading this eBook, CEOs will be better informed about what to expect of their boards and what they need to do to build a high-performance team that can truly add value to their company,” said Raouf. “It’s not easy creating a successful board of directors and, in fact, few companies ever do. Our new eBook will go a long way toward helping those CEOs do just that.”

OpenView’s eBooks support its mission of building great companies by providing expansion-stage companies with the operationally oriented tools and support they need to succeed. The firm’s recent eBooks span a variety of topics, including customer segmentation, marketing channel discovery, sales forecasts, competitive messaging, and operating reviews. To find out more, visit http://labs.openviewpartners.com/ebooks/.

About OpenView Venture Partners
OpenView Venture Partners is an expansion-stage venture capital fund based in Boston that is focused on high-growth software, Internet, and technology-enabled companies. Through its staff of seasoned operating executives, who collectively bring several decades of technology and management experience to the firm, OpenView is able to help portfolio companies quickly optimize their product, go-to-market, and organizational and operational functions. Founded in 2006, the firm invests globally and has approximately $440 million in total capital under management.

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