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| Introduction: In the director's chair | | At the beginning of a company's life, establishing a board of directors can often seem irrelevant. But for a growing business, creating an appropriate board structure is crucial to long-term success. | |
| Management |
 Who is steering the ship?
Double role causes conflict; as a business evolves, it should be ready to shed its old management structure. Separating the roles of chairman and chief executive is a good start. | |
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| Technology |
 Nowhere to hide
Directors do not need to be technology experts, but they should know enough to recognise its implications for a company's operations. | |
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| Governance |
Walking the legal tightrope
In the past, directors were used to add glitter to the nameplate. Now they are being held accountable for the company's affairs. | |
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