The primary duty of the board Chairman or Chairperson (in gender equality speak) is to manage the board effectively. Individual board members are very weak before the executive team. Only a board is working as a team with one voice,…
During a strategic retreat, the Chairman of the board was so impressed by my non-conventional approach to strategic planning that he labeled me Mr. Strategy. Here is what he said verbatim: “Mr. Strategy told us to focus on identifying our…
Many companies have strategic plan documents merely for showoffs. Some companies write strategic plans for compliance purposes. Others use the documents to get loans or equity. For example, a business seeking loan financing may hire any advisor to write a…
The year was 2007. I left my juicy job to swim in the deep waters of entrepreneurship. While at a big four audit firm, it was so easy to meet the managing directors and other C-level executives. All you needed…
Do your board members see themselves as peers? Is there mutual trust and candor? In the first part, I listed the four practices that must be fostered among board members – open dissent, individual board member accountability, a climate…
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