The “Fish Rots From The Head Down” Board

By |2020-11-13T09:46:46+00:00November 12th, 2020|Broken Boards, The Board Today, Realpolitik Extracts, Governance Theory, Longer Articles|

[Extract from Chapter 9 of Realpolitik "Fixing Broken Boards] Whatever your Board challenge your Chairman is likely to be the first port of call – after all apart from “it [the Board] is his job” he really should have vastly more experience of Boards than you. As a founder/CEO in a sense you’d like to delegate a lot of the Board functioning to the Chairman in

If You Didn’t Have Board Meetings Then, Apart From Not Being Part Of A Chain Gang, What Two Key Things Would You Miss Out On?

By |2020-10-30T10:49:02+00:00October 22nd, 2020|The Board Today, Governance Theory, Longer Articles|

The legal aspects of Boards differ from country to country and in some cases from State to State. There are LLCs and Corporations, Listed and Unlisteds, Limited Liabilities and Partnerships or indeed Limited Liability Partnerships. In France a quick Google tells me you can have SARLs, EURLs, SELARLs, SAs, SASs, SNCs. The list goes on and on. Spend too much time looking at it

You Never Buy “A Fruit” So Never Hire “A NED”

By |2020-10-16T09:41:36+01:00October 15th, 2020|The Board Today, Realpolitik Extracts, Governance Theory, Longer Articles|

You never buy "a fruit" so never hire "a NED". The Engine of Growth Board will be designed to complement the skill set of the executive team, to fill in gaps. This can be a challenge in itself if you have a super-controlling VC who sees the Board as a mere vehicle for them to maximise their control and not actually to improve the

The IPO-Ready Board: When Two Tribes Go To War

By |2020-10-09T08:12:45+01:00October 9th, 2020|The Board Today, Realpolitik Extracts, Governance Theory, Longer Articles|

The cultural transformation of the Board from an Unlisted Board to a Listable Board is one of the more painful phase shifts a successful founder has to undergo. The successful founder will have hand-crafted a Board that, yes, does the Corporate Control Thing, but one which is rooted in the vital Corporate Creativity mentality. As we saw Prometheus and the Muses are essential

How The First English Companies Were Governed

By |2020-09-24T16:54:35+01:00September 24th, 2020|Realpolitik Extracts, Governance History, Governance Theory, Longer Articles|

How were the first English Companies governed? Actually far better than today's companies are but that is a much longer story. Who invented the two-tier Board? I bet you can guess but everyone I have ever asked has got it wrong. Let's go back to 16thC England and have a look. [Excerpt from Realipolitik, numerous footnotes sadly extracted as they don't work well

What Founders Need To Know About Boards Well Before They Have One

By |2020-09-10T11:35:11+01:00September 10th, 2020|The Board Today, Governance Theory, Longer Articles|

One of the most interesting things about speaking, as of now, to over 100 unlisted Board folk is how important ones initial frame of mind is to so many things that one meets on the journey of growth from idea to substantive company. As we discussed in “Prometheus the Muses and the Startup” your whole enterprise grows from a single creative seed which arises

Vital To Know For Founders – Your Board Is What You Make It – For Better Or For Worse

By |2020-08-27T12:14:10+01:00August 27th, 2020|The Board Today, Realpolitik Extracts, Governance Theory, Longer Articles|

There are two vital lessons to take-away from by now conversation with 100 entrepreneurs, Chairman, NEDs and Capital Providers about their experience of Boards. (1) the Board can be an Engine of Growth and (2) you the founder either get what you design or what someone else designs for you - your choice! Extract from Chapter 1 of Realpolitik “Eight Essential Aspects Of Small Company Boards” Essence 5

What Serial Entrepreneurs Know About The SmallCo Board That First-Time Founders Don’t

By |2020-08-21T08:54:27+01:00July 20th, 2020|The Board Today, Governance Theory, Longer Articles|

There is one mistake that is so common that it is near ubiquitous amongst the inexperienced first-time Founder when it comes to their company’s Board. Over the past six years I have podcasted with getting on for 150 founders and over the past two and a half years, in the course of writing "The Realpolitik Of The Unlisted Company Board" interviewed over eighty

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