A board chair leads the board’s effort to excel at advising on strategy, monitoring performance, overseeing finance and controls, and evaluating management. A CEO establishes within the company a shared set of values, practices, and goals that enables the company to execute its strategic plan and build a meaningful future. To grow, a company needs... See more
It is invariably the case that the company is better served if the Chairman and CEO are different people. The CEO can focus on managing the company and providing information to the Board. The Chairman in his role as mentor and overseer, can advise the CEO on alternative courses of action, question missing data, probe her analysis and decisions,... See more
I think leaders have misunderstood people long enough, and the pipeline of "connecting" has been broken for a long time; we're starting to see such frequent breakdowns because of that now. We advise every client to keep us as retainers in an advisory role because smart strategy is consistently needed, especially from an unbiased third party. The... See more
I don’t want a term sheet—especially if you’re not asking any questions. That means if they’re on our board that they’re actually not going to be all that constructive in terms of really asking the tough questions. That is the role of the board. It’s to look outside and bring all their insight and wisdom to us and help guide the company.”