Knowledge Base: Founder and director obligations with Kirsten Patterson, Institute of Directors

Watch now: (19.5 mins)

In this edition of Knowledge Base, Richard Liew talks with Kirsten “KP” Patterson, CEO of the Institute of Directors New Zealand.

Many company founders are also directors of their own companies but often don’t understand the distinction between the two important roles. In this informative discussion KP helps illuminate the obligations that founders take on – and should know about – when becoming directors.

Topics Covered:

• What is the role of a company director, or director of any organisation?
• What is governance?
• How is governance and directorship related to being a founder?
• How can a board of directors help startup founders build their businesses more effectively and when is the right time to consider building your board of directors?
• What are some of the key obligations of directors and what are the costs or legal penalties for not performing directors duties properly?

Institute of Directors New Zealand is a supporter of the Startup NZ entrepreneurs scholarship programme.