Listen "Value Proposition of the Private Company Board"
Episode Synopsis
Join BDO in discussion with Don Springer and Dennis Cagan, the Managing Directors for GovernX.Key TakeawaysBoards provide important checks and balances that can foster sound governance within an organizationBoards should be formed with the organization’s needs in mind in advance of significant transactionsBoard members can be thought of as affordable consultants and may provide first class advice and unbiased perspectives to management in helping meet strategic objectivesBoard assessments highlighting skills/experience gaps should inform board member selection and bring differing and fresh perspectivesHigh caliber board members can provide credibility and competitive advantages with stakeholders