A rethinking of business governance is taking place, as Tahl Raz points out in the March 2003 story, "Boardroom Makeover." Pre-Enron, business owners might have recruited board members to offer fresh perspective and vision for the company. Today, business owners demand perspective and more from their members, including higher accountability and more involvement in keeping the company on track.
The increased demand on board members' time has made finding and managing them effectively a bit trickier. To help you evaluate and find skilled board members and to discover ways to maximize a board's impact, Inc.com has assembled its best resources on the topic. Use them to build and run a board that you can count on.
A board may be a nice luxury, but should you really devote the time to it? In this story, advisers and CEOs of growing companies describe how boards can help increase credibility and enhance growth strategies.
So you have a boardroom with important, high-net-worth people, who can only devote a limited amount of time to contributing to your company. Do you really want to waste their time with a clumsy agenda?
Presenting to board members is intimidating, whether it's your first or fiftieth time. By targeting your ideas to your audience and keeping your remarks short, you can make the best impression on the board.
It's tough being the new kid in the boardroom, and there are typical mistakes made that will show you as an amateur. Board expert Ralph Ward outlines the telltale signs of a boardroom novice and suggests how to best showcase your expertise.