3.5 Splitting the Roles of Chairman and CEO | Early Stage Tech Boards
Early Stage Tech Boardsearlystagetechboards.com
Saved by Danielle Vermeer
3.5 Splitting the Roles of Chairman and CEO | Early Stage Tech Boards
Saved by Danielle Vermeer
When founders come in to pitch our firm—one as the CEO and the other as president—the conversation often goes like this: “Who is running the company?” “We are,” they both say. “Who makes the final decision?” “We do.” “How long do you expect to run that way?” “Forever.” “So you’ve decided to make it more difficult for every employee to get work done
... See moreI find many large corporates make many key decisions looking only three, six and twelve months ahead and are challenged to focus on two, three, five and ten years ahead. CVC puts the CEO back in the driver seat to manage long-term innovation, vision, strategy, leadership and investment in a sensible manner and if done right make financial returns a
... See moreThe degree of influence that a board can have over the direction of a company is diluted unless a board has a balance of management, independent industry experts, and financial investors.
when you do find a partner, avoid one cardinal mistake: do not create a 50/50 partnership.