Board Development & Governance

Building effective boards of directors and advisory boards — recruitment, compensation, governance structures, and fiduciary responsibilities.

Tools & Resources

Guide

Building an Advisory Board

Recruitment, compensation, and governance structures

Key Terms to Understand

The legal obligation to act in the best interest of another party. Business partners owe each other fiduciary duties of loyalty, care, and good faith. Board members owe them to shareholders. Breach of fiduciary duty is the most common legal claim in partner disputes and the strongest one in court.

Dealing with board & governance? Let's talk.

Dennis Duitch has guided hundreds of business owners through board & governance situations across technology, entertainment, manufacturing, and professional services.

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MBA, Northwestern University · CPA · Certified Business Appraiser · Mediator · 30+ years of practice