A Short Overview of Business and Regulation 4,000 Years Ago

By |2021-07-23T12:00:14+01:00September 17th, 2020|Company Governance History, Regulation Then and Now, Short Articles, Realpolitik Extracts|

The origins of business as we know it are deep as is the regulation that always surrounded business (though in successful societies never smothered it as it is beginning to do today). Two short extracts from Realpolitik, where the topic is covered in more depth on the ancient history of business and the jelly mould - regulation (today internal = Board, external = zillion regulators) - that shapes it."The earliest surviving written records of any sort are cuneiform tablets from Mesopotamia ~3200BC by which time civilisations had demonstrably existed in that area for some two thousand years. Tablets were predominantly

Startup and ScaleUp Boards Are CEO-centric Not Chairman-centric

By |2021-07-23T12:00:42+01:00September 4th, 2020|The Board - Theory and Practice, The CEO/Founder, The Chairman, Short Articles, Realpolitik Extracts|

Extract from Chapter 1 of Realpolitik “Eight Essential Aspects Of Small Company Boards” Essence 6 – SmallCo Boards Are CEO-centric Not Chairman-centric  A further substantive difference between SmallCo and BigCo Boards is that SmallCos are founder/CEO-centric whereas BigCo Boards are Chairman-centric. BigCos easily survive changes of CEO, however, until they have quite some momentum, SmallCos do not readily survive the departure of the founder. Power in BigCo ultimately rests with the Chairman, whereas in a SmallCo, for quite some time it is with the founder. This is for two reasons. Firstly, on day one, the NewCo founder has 100% control – it is

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

By |2021-07-23T12:00:48+01:00August 27th, 2020|The Board - Theory and Practice, Longer Articles, Realpolitik Extracts|

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 – Your Board Is What You Make It - For Better Or For Worse  Will you consciously create your Board or will it just happen as a result of happenstance and ad hoc pressures from capital providers? What

Children Are Not Small Adults – The SmallCo Board Is Not A Small BigCo Board

By |2021-07-23T12:00:57+01:00August 21st, 2020|The Board - Theory and Practice, Short Articles, Realpolitik Extracts|

Extract from Chapter 1 of Realpolitik “Eight Essential Aspects Of Small Company Boards” Essence 2 – The SmallCo Board Is Not A Small BigCo Board That Companies change over time is so apparent that it barely merits mentioning. However, its corollary – that the Board needs actively managing – can all too often be neglected. At inception when the Muse drops an idea into your mind you are the show of course. For substantive ideas you will need to build a team below you and a Board around you to help you nurture your tiny infant and grow it into a safe strong adult. SmallCo and BigCo

Boards As Cauldrons Of Emotion: Power! Betrayal! Plotting! Deceit!

By |2021-07-23T12:01:03+01:00August 14th, 2020|The Board - Theory and Practice, Short Articles, Realpolitik Extracts|

Extract from Chapter 1 of Realpolitik “Eight Essential Aspects Of Small Company Boards” Essence 7 – Cauldrons Of Emotion: Power! Betrayal! Plotting! Deceit! “On one Board a lifelong friend stabbed me in the back.” Boards are comprised of people not robots. This needs emphasising as Board-inexperienced folk can have far too much of a “bloodless” legal/regulatory concept of the Board. If the reality – that one side of the Board coin is “legals” and the other “realpolitik” – was accurately reflected then half the books and courses on the market would be about “emotions” not “logic”. Which they manifestly are not.Given that the Board

Prometheus the Muses and the Startup

By |2021-07-23T12:01:23+01:00July 29th, 2020|The Board - Theory and Practice, Short Articles, Realpolitik Extracts|

Extract from Chapter 1 of Realpolitik “Eight Essential Aspects Of Small Company Boards”Essence 1 – The Top Priority Is Growth And A Good Board Helps You To GrowStarting up is an act of creation that needs nourishing, it needs nurturing, it needs growth and feeding without which it will die. Regardless of which economic sector you are in, which country you are in, it all starts the same way. You have an idea. An idea about a product or service. An idea about a gap in the vast panoply of provisions already available. Naturally there are very few gaps in mature economies.

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