We Don't Talk About Board Dynamics Enough

“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies

Mar 12, 2024•14 min

--:--

Listen in podcast apps:

Episode description

This segment delves into the intricacies of board member dynamics, specifically focusing on the removal of board members. Highlighted by the situation involving Michael Moritz's removal from Klarna's board, the discussion covers the complexities and nuances of board construction, including the distinction between preferred and independent board members, contract terms, and the impact of diversity.

We need to demystify board operations — how they work, voting dynamics, and what they do! Open call for any listener (ex-CEO preferred) who can come dig into the gritty details of board dynamics in a future episode.

Forward this to any HR Pro who needs to hear some real talk - and tell them to subscribe. hrheretics.substack.com

SPONSOR: This episode is brought to you by Attio

Attio is the next generation of CRM. It’s powerful, flexible and easily configures to the unique way your startup runs, whatever your go-to-market motion. The next era deserves a better CRM. Join OpenAI, Replicate, ElevenLabs and more at https://bit.ly/AttioHRHeretics

TIMESTAMPS:

(00:00) Intro

(01:22) The Complex World of Boards

(03:53) Sponsor - Attio

(04:48) Nolan and Kelli Share their Experiences and Expectations of Board Members

(07:52) Picking Investors and Board Members

(08:22) Board Construction

(09:52) Diversity of Boards When A Company Matures

(10:32) Stories From DoorDash

(11:32) The Mysterious Notion of Board Votes and Equity Approval

GET IN TOUCH WITH NOLAN, + KELLI ON LINKEDIN

Nolan: https://www.linkedin.com/in/nolan-church/