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!”

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