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Founders and corporate governance: Scaling your business

As a founder, growth is highly important – and following corporate governance could help you do this in the best way possible. 

Corporate governance is the structure of rules, practices, and policies that underpin how you direct and manage your company, which is often not your top priority. Corporate governance is a privilege for mature businesses that have the luxury of critical mass and the necessary staff to document, rather than just do. 

However, if you are a business founder, in the early stages, looking to grow – adhering to corporate governance could help you grow more effectively by; 

  • Driving commercial accountability for hiring across the company, ensuring you get the right worker, in the right job, at the right time. 
  • Providing a formal framework for managing the disputes arising from a growing labour force, without disrupting operations. 
  • Giving you the tools to balance continuity and efficiency across your increasingly complex supply chain. 
  • Presenting your company and its whole value chain in the best possible light to the large, multinational, and sustainability-focused businesses with whom you want to partner. 

Our partner UBS will be exploring why corporate governance can be a worthwhile early investment for founders, in a three-part series. Today’s report highlights how corporate governance can help you scale your business, through two main channels: your people and your supply chain. 

Read the full report here.