The Better Boards Podcast Series

The Role of the Board in Owner-led Organisations

Dr Sabine Dembkowski

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Why boundaries, trust, and succession are critical in founder-led firms

Owner-led companies often seek boards not for continuity, but for transformation. In this episode, Tina Mavraki—veteran board director with experience across finance, utilities, and natural resources—shares insights on how boards can truly add value when the founder is still at the helm.

We explore how board dynamics shift when the main stakeholder is in the room, and why success hinges on understanding boundaries and succession. Boards must balance the founder’s strengths with the demands of the next phase of growth. Building trust becomes a deeply immersive process—walking the floor, understanding how the company makes money, and aligning with the founder’s rhythm.

"Invariably, owners invite a board into their structure because they're looking to make a transformation.""You're actually conversing with that person... who pretty much has the vision of the future of the organization.""Boundaries is the most beautiful growth tension you can get in owner-led organizations."

We also examine what makes an effective board member in this context: time investment, deep involvement, and an ability to coordinate tough conversations sensitively. And for companies not ready for a full board, Tina highlights how advisory boards can still deliver immense value.

Three Takeaways:

  1. Boards in owner-led firms must help founders navigate growth boundaries and succession while respecting personal legacies.
  2. Trust is built through hands-on involvement, contextual understanding, and aligned priorities.
  3. Advisory boards can add deep value, especially for specialized needs like technology, without formal board integration.

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