I am often asked who I look up to as an example of a great Chief Executive Officer. As I write this today is the 70th anniversary of D-Day. We all owe a debt of gratitude to all the individuals who made the ultimate sacrifice for the Allied cause. It just happens that my selection for best CEO of the 20th century would go to the leader of that effort and former President Dwight Eisenhower. While there are many worthy candidates, President Eisenhower performed exceptionally well in two of the toughest assignments anyone could possibly undertake.
I have been in far too many board meetings that sound like infomercials: The CEO presents each department in the best possible light and never mentions any problems. This is pointless if you actually want help from your board.
The relationship between the CEO and the board of directors is unique in the business world. The idea of reporting to a committee of people instead of to a single individual makes managing this relationship much more challenging, particularly for new CEOs with little experience working with boards. The composition of the board will have […]
One of my favorite sayings about the technology business is that it is very easy to predict the future….the problem is getting the timing right!
Recent research on U.S. CEO tenure varies anywhere from 5 to 8 years, but one thing is certain: CEOs have less time than ever to prove their merit. Part of the reason is market dynamism and the rapid changes taking place in businesses today. A CEO who was a perfect fit when he was hired […]
In my last post, I wrote about some red flags when choosing board members for early stage companies. Understanding the function of private company boards will help CEOs select the right members as well as help those board members to offer the right value. Here are the three roles that I think board members serve […]
I have had some interesting conversations over the last few weeks that made me realize many people view the role of private company boards far differently than I do. This may be because many of the board members in these companies don’t have significant board experience. Often they have brought money to the table but […]