By Jacob Clark & Suril Butala on behalf of Sorenson Capital
In chapter one of this series, we tackled the CEO Overview — the board meeting’s crucial opening act — and shared best practices to ensure conversations with your board start off on the right foot.
In chapter two, we’re again dispensing some helpful board meeting tips and tricks that we’ve gleaned from working with so many Grade-A founders and management teams over the years. This time around, we’re focusing on the Performance Update.
What’s going right? What’s going wrong? What does the data say? Where do we go from here? These are the central questions your Performance Update should answer. Whether you’re an early-stage founder compiling the Performance Update yourself, or a CFO or other finance leader, the guiding principles herein will help you understand your business more clearly, alleviate the concerns of board members, and inspire confidence.
Read the full chapter here.