by Larry Putterman | Advisory Board, Boards, Business, Entrepreneurs, Family Business, Leadership, Outside Director
Every board needs what I call “fresh eyes.” I define it as being able to see things that others do not. Boards acquire fresh eyes when they add outside directors to their board. They are called outside directors because they are not employees or stakeholders in the...
by Larry Putterman | Advisory Board, Boards, Business, Cybercrime, Entrepreneurs, Leadership, Management
There are five questions all good board members should know and ask concerning data storage and disaster recovery. Gartner says that 60% of the companies that lose their data are not in business after five years. That should be reason enough to make sure your board...
by Larry Putterman | Business, Family Business, Leadership, Management, Organizations
For more than 25 years, the family business I was tasked to downsize had made it a policy to never layoff anyone. However, there finally came the day when it was necessary to break the policy. The business was being hammered by imports from China and the only way the...
