Monthly Archives: October 2010

Give one percent equity to each outside board member vesting over four years of service. Many early stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members.  Here is my best advice, … Continue reading →

Plan 10% of your time for board relations. Most all leaders new to the CEO position underestimate this time requirement.  It is good for the company when the CEO shares concerns, threats and opportunities with the board.  The rule of … Continue reading →

I first heard this in a governance seminar for a non-profit higher educational board upon which I sit, years ago.  It made an impact and stuck with me through the years.  I have repeated it often to boards deliberating action … Continue reading →

Perhaps this is the natural conclusion from the several insights previously explored.  While the CEO and management offers the vision, strategies and tactics as well as the proposed budget, it is the board that controls with its votes the execution … Continue reading →