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

By |2021-07-23T12:00:24+01:00September 10th, 2020|The Board - Theory and Practice, 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 in your mind and which must be nurtured. Separately a thirty-year VC emphasised to me that it is what the founder thought long before they decided to raise capital that makes all the difference. Indeed one can

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

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