Family Owned Business – Are Board Appointments Too Hard?

Family owned businesses are very crucial to any economy. A family that owns a business totally understands how crucial the organisation’s success is to the owner’s prosperity and the generational wealth. Non-family executives that work at family-owned businesses aren’t oblivious to this fact. They are also made to understand that the success of the business […]

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Dealing with Challenges on Start-Up Boards

A board of directors or advisory board is an essential requirement for every start-up company especially if there is an injection of investor funds. Many responsibilities and functions are expected from a board. The vast majority of start-up companies have boards but often in the rush to keep investors happy, not enough attention is paid […]

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How to Inspire Others in a Board?

Oftentimes, board meetings can be monotonous and can get boring when members are made to go through the motions every time. Board members can feel from time to time that they would rather be elsewhere than sit through many hours of mind-numbing discussions. It is really unfortunate that board members who are the most effective […]

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In Camera: Should a Board Record?

It is quite common for board members to meet in the absence of management and they may want to have a detailed record of the meeting. The question, however, remains to ‘record’ or ‘not to record’, as this may have legal issues and create a conflict of interest or duty on some board members present […]

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How Many Board Appointments Should You Take On?

According to studies conducted by the Henley Business School, the maximum number of board appointments that should be taken up by an individual should not exceed 4. In most countries of the world, 3 to 4 is the maximum number of boards one can be appointed to. This is to ensure that you can properly […]

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