3.5 Splitting the Roles of Chairman and CEO | Early Stage Tech Boards
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3.5 Splitting the Roles of Chairman and CEO | Early Stage Tech Boards
Co-founders tend to do better when they have a clear division of responsibilities, a clean decision on who is CEO from the beginning, and the ability to communicate well with each other. “One of the biggest reasons founders fight is that they have a lot of overlap in either role or decision-making, or they both think that they are the person in cha
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Once bad board dynamics form, they’re incredibly hard to change.
Here’s what to do:
Get all members to reintroduce themselves. Not just bios, but sharing their strengths and weaknesses. This forces a bit of vulnerability which builds trust and connection.
Clarify the different roles of the board and the CEO. Discuss who sets the strategy, and how you’
As chairman, my job was to oversee the CEOs, to make sure that they were managing it well.