Board of Directors – Top 12!

It’s no secret that I believe having a board (of directors / advisers), formal or not, is critical to a company’s success.  As in life and in business, perspective is key when making important decisions and having someone who has your (or your company’s) best interest in mind, is a valuable resource.

As I was reading yesterday, I came across some great information about questions that a board must ask to really gauge the state of a company.  If you are a CEO who has a board and they are not asking these questions, maybe you need to augment your board (or, find new members all together).  If you are currently a board member and not asking these questions, you need to start.

Regardless on which side of the table you sit, these are critical questions that require considerable thought.  Granted – some questions may not apply to all businesses but, if nothing else, maybe asking some of these questions today will position the company on a successful track thereby allowing you to ask the remaining question later?

Continue reading “Board of Directors – Top 12!”

The Culture Driven Company!

About ten years ago, Reed Hastings co-founded a small company in Los Gatos, CA (Silicon Valley) that would mail you DVDs.  Ten years later, they are a force to be reckoned with and are disrupting how you watch TV and movies!  With an IPO price of $15 (May, 2002), today their stock is trading at over $240/share and the company has a market cap of over $12B!

One reason for Netflix’s ongoing success is the company’s culture, which emphasizes performance, freedom, and responsibility.  If you want an example of Employees First and Customer’s Second, search no more!

Continue reading “The Culture Driven Company!”

%d bloggers like this: