Family Business

What Private Companies Can Learn About Board Structure from Public Companies

Private Company Boards are Smaller and Less Independent Statistics show that private company Boards are smaller and less independent than public company Boards. This matters. The rationale that leads public company Boards to be larger and more independent also applies to private company governance. 1. Board independence. Private company boards are overwhelmingly composed of related [...]

By |May 3rd, 2017|Family Business, Governance, Private Business|0 Comments

Four Factors Separating Strong Boards from Failed Boards

Failed Boards are more common than people realize. Failed Boards are much more common than most people realize. Charged with the responsibility of identifying and mitigating risk; validating and overseeing strategy; and, hiring and performance managing the CEO, most organizational failures are the responsibility of the Board. From Enron to Volkswagen, Boards full of smart [...]

  • Jim Crocker presentation 2017

A More Important Role for Private Company Boards

Expanding the Role of the Private Company Board Most private companies report having a Board of Directors. Typically, the role of these private company Boards is for the owners to meet and make decisions about the business – frequently financial decisions. Although these owner meetings are important, there are other elements of a Board’s governance [...]

By |May 3rd, 2017|Family Business, Governance, Private Business|0 Comments

Corporate Governance For Private Business – Two Best Practices (Updated)

Recommendations Start with why - defining the reason for your private company Board will help you understand how governance can be improved. There are three reasons that private businesses have Boards: business advice business oversight make owner decisions How to think about each. There are many ways to get advice that don't require having a Board. [...]

By |March 3rd, 2017|Family Business, Governance, Private Business|0 Comments

Best tips to make Board strategic planning more effective

Boardroom Metrics provides corporate governance and strategy consulting to Public, Private and Not-For-Profit organizations in the United States and Canada. The five best tips to make Board strategic planning more effective. A Board has three roles: identifying and mitigating risk, validating and overseeing the strategic plan and performance managing the CEO. Regarding the strategic plan, [...]

By |January 16th, 2017|Family Business, Governance, Leadership, Private Business|0 Comments

Top 12 Tips for Responding to RFP’s

Writing a winning proposal takes some planning, time and skill. Over the years we’ve worked with clients on hundreds of responses. We’ve worked with large organizations and small ones. Regardless of size, there are some clear ways to succeed. Stepping back a little, here’s our list of the top twelve tips for writing a winning [...]

By |August 23rd, 2016|Family Business, Private Business, RFP, RFP Writing|0 Comments

Sustainability for SMEs

Neil Smith’s short video shares his perspective regarding Sustainability for Small to Medium sized Business (SMEs): http://youtu.be/f3bSZWVAtz0 Neil addresses the key issues that can affect sustainability for your business: Personal goals Financial stability Regulatory implications Environmental issues Neil asks CEOs of SMEs to consider “If your business has the resiliency to be sustainable over time?” [...]

By |August 15th, 2014|Family Business, Leadership, Sustainability|0 Comments

The Concept of Crowd Investing

Dr. Nasser Saidi talks about how SMEs can expand by crowd investing. It allows investors to invest directly into a company without going through financial intermediaries. Crowd Investing is a form of democratic capitalism with a community that can support young entrepreneurs and businesses rather than anonymous investors. The goal is to make it easier [...]

By |October 28th, 2013|Business Strategy, Family Business|0 Comments