Tag Archives: family owned public company

Board term limits-CEO dream come true

I didn’t know how many CEO’s would love to have term limits for Directors on their company’s Board of Directors.  Term limits would solve numerous issues: 1.  Many boards have at least one problem director 2. Boards need “refreshing” in a … Continue reading

Posted in Board Leadership, Crisis Management, Culture / Ethics | Tagged , , , , , , , , , , , , , , , | Leave a comment

The Wizard of Lies

I shared the stage with Diana Henriques, author of “The Wizard of Lies”, who shared her insights about Ponzi perps.  We’re hard-wired to trust people, so we need guiding principles to follow:  invest only with funds which have third-party consultants, … Continue reading

Posted in Board Leadership, Crisis Management, Culture / Ethics, Examples, Prepare for the crisis | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

A communication disaster during crisis

During a crisis, communications need to be clear and succinct and inspire confidence in the listener, who may be employees, customers, constituents, vendors, shareholders, government regulators, etc. Communications also must be accurate and consistent. Contrary points of view need to … Continue reading

Posted in Board Leadership, Crisis Management, Culture / Ethics | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Lessons from family or controlling shareholder companies

I was surprised to hear at the Yale Governance Forum that the controlling shareholder of a public company thought the independent directors had enormous clout on the board. The company cannot afford for them to resign and risk losing the … Continue reading

Posted in Board Leadership, Culture / Ethics | Tagged , , , , | 1 Comment