E-News
For private company board members, shareholders and owners.
September 2016
IN THIS ISSUE

Who leads the leaders?  Yes, directors can do more than direct, private company director appointments and more

FEATURED ARTICLE

 

Who Leads the Leaders? How to Build An Executive Leadership Development Program.


BY ERICA FREEDMAN


Even for those that have years of experience, mentoring and guidance, making the leap to an executive leadership position is a challenge that is hard to fully prepare for. There’s no way to understand what it’s like to sit in an executive chair until you get there. Even when you do, being successful requires you to be in a constant state of learning. Which makes it all the more surprising that so few companies invest in the kind of training and development programs that can ease the transition. In a survey conducted by the Fuqua School of Business at Duke University, only 50% of executives indicated that their business unit employed some sort of internal training program for senior managers. 
 
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STRATEGY

 

Yes, Directors Can Do More than Direct


BY YORAM SOLOMON


The primary role of a director is to provide governance and oversight. There is a line that should not be crossed between governance and management. 
 
However, we should remember that board members are elected because of the experience, knowledge, and skills that they bring to the table. Limiting board members to governance and oversight roles may deprive the company of special skills, experience, and knowledge that can create value by guiding conversations around the company’s strategy. 
 
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DIRECTORS APPOINTMENTS

  • Energy Hunter Resources Appints Two New Board of Directors Memebers
  • Chosen Foods Names Gabriel Perez-Krieb as New Chaiman of the Board of Directors
  • National Truck Protection Adds New Director to its Board
  • Former CIO of T-Mobile and Barnes & Noble Joins SOASTA's Board
  • Theordore H. Butz Joins Momentive's Board of Directors
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OTHER PERSPECTIVES


ICSA proposes changes to the governance of UK private companies.


ICSA: The Governance Institute has written to the Prime Minister Theresa May with suggestions as to how she can reform governance at private companies following the collapse of BHS.
 
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by Private Company Director, Directors & Boards and Family Business Magazine


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