Post COVID-19 Guidance for SMB
“Entrepreneurship is neither a science nor an art. It is a practice.”
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Founders and Shareholders of emerging service businesses should never “treat their equity, that is increasing in value, as a commodity”. It is valuable and, for many of us, potentially the “most valuable asset” many of us will ever enjoy.
The “Executive Chairman” Concept
The goal of the “Executive Chairman” role is to work with and “mentor” the CEO and Leadership Team on the implementation of the near-term and long-term initiatives of the organization through the utilization of best practices in the areas of governance, shareholder management, business model development, business process development, leadership and executive management effectiveness.
The Top 10 Private Company Board Mistakes
Company Boards are ultimately responsible for maximizing shareholder value, not performing day-to-day activities or monitoring the day-to-day operations of the business (a common and critical mistake made by institutional investors).
This article serves as a set of guidelines for directors, including highlighting the most common mistakes made by board leadership that reduce a board’s effectiveness and hinder the company’s success.