Author : Dora Vell
Publisher : Entrepreneurial Boards
ISBN 13 : 0980249406
Total Pages : 42 pages
Book Rating : 4.9/5 (82 download)
Book Synopsis Technology Boards Survey by : Dora Vell
Download or read book Technology Boards Survey written by Dora Vell and published by Entrepreneurial Boards. This book was released on 2007-12 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is little research to help companies develop best practices for attracting, retaining, rewarding and drawing value from their boards. Often, chief executives are unsure of the appropriate for corporate governance: intervals for board meetings, compensation, and diversity of the board s members. As a way to cogently and concisely answer these questions, the Vell Entrepreneurial Boards Composition Survey identifies trends in boards of directors. We surveyed 150 CEOs, venture capitalists and vice presidents of human resources and board directors from various industries more than 18 in total with a special focus on small software and technology companies in the United States. Approximately 50% of responding companies had average annual revenues of less than US$10 million and have been in operation between five and 10 years. Most are privately held. To put these trends in context, where appropriate, we benchmarked our findings against the National Association of Corporate Directors (NACD) Effective Entrepreneurial Boards 2001 Survey. We also drilled down into our data to expose differentials based on size, ownership structure, length of time in business, and revenues. By comparing findings to the NACD s survey, and by comparing private and public companies where possible, we were able to highlight board practices at entrepreneurial firms, especially small technology companies. We also discovered a diversity of remuneration structures worth noting. The following offers key findings from the Vell Entrepreneurial Boards Composition Survey, and provides eight recommendations for entrepreneurial boards.