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Author Archives: Dave Berkus
Separate “Chairman from “CEO.”
More and more today, shareholder organizations recommend that the positions of chairman and president (or CEO) be split, so there are checks and balances at the board level in the leadership. This recommendation is true for all companies with outside … Continue reading
Use your board’s “golden contacts.”
Boards of directors have a number of important functions, both legal and structural. Boards provide or see to it that there are resources for the company (especially money) to operate. The board selects, monitors, helps, and oversees compensation for the … Continue reading
Announcing Dave’s new book: BASIC BERKONOMICS – with twelve guest authors
Just released! BASIC BERKONOMICS by Dave Berkus … and twelve of his expert entrepreneurial friends: John Huston, Bill Payne, Frank Peters, Basil Peters, JJ Richa, David S. Rose, Richard Sudek, David Steakley, William De Temple, Berni Jubb, Eric Greenspan, and … Continue reading
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What to do with a dysfunctional board
It happens. Boards are elected by the shareholders, sometimes with preferred shareholders holding seats by right of their investment. In that instance, often the investor selects the board member and the CEO goes along with the choice, mostly out of … Continue reading
A good board deals with what and why, not how.
Who is responsible for the vision that drives the company? This is arguably the primary job of the CEO, with agreement from the board. Many entrepreneurs after taking outside investment defer to their board for matters of direction that include … Continue reading
Do you always follow the advice of your board?
This may be news, but boards of directors can offer bad advice. A typical board is composed of five persons in a company that has received outside funds from professional investors. Two members usually represent the founders or management, two … Continue reading
Does your team know your playbook?
This one comes straight from football. From experience and from information about the competition, a coach creates a playbook that contains detailed plans for actions or plays that the entire team must know without question and execute without pause in … Continue reading
Swarms, crowd sourcing, and tiger teams. Oh my.
As we grow our businesses, we inevitably run into problems that seem for a time impossible to overcome. Our development team is stumped with a problem; or the marketing organization cannot come up with a theme for the next campaign; … Continue reading
Hire for your core. Partner for the rest.
There is a major trend shaping up that is worldwide, already identified by hundreds of thousands of startup and small business CEOs. By carefully recognizing and focusing upon the very core of the business, these CEOs are allocating their scarce … Continue reading
Posted in Depending upon others, Growth!
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The Virtual Manager: It’s all about your performance.
It is hard to hide incompetence behind appearance or personality when you are a virtual manager. In a virtual environment, people measure you mostly by your actions, and remember only the most recent good work you’ve done for them and … Continue reading
