by Larry Putterman | Advisory Board, Board Director, Boards, coronavirus, Independent Director, Leadership
Today we are discussing the Coronavirus and how Board Directors can help companies survive the crisis. Jack Derby, in his weekly blog, says it best: “Most importantly… ….take care of yourself and your family! ….take care of your employees and...
by Larry Putterman | Advisory Board, Boards, Business, Independent Board Director, Leadership, Management, Organizations, Outside Director
A company without a board of directors or a board of advisors is like a ship without a rudder. There are no checks and balances and a company does not get the benefits of other opinions. The first big mistake that companies make is not having a board of directors or...
by Larry Putterman | Advisory Board, Boards, Business, Entrepreneurs, Independent Director, Leadership
I have had many experiences that have helped me become a better board director, business leader, and advisor. One of the most important was selling our business to a public company. Selling a business to a public company is like being in a room with an 800-pound...
by Larry Putterman | Advisory Board, Boards, Business, Entrepreneurs, Leadership, Management, Organizations, Outside Director, Vision
Boards without outside directors do not make objective decisions. Boards need outside directors to see all sides of a problem and find the best solution.Outside directors bring incredible value with their “fresh eyes.”I believe boards that have not brought somebody...
by Larry Putterman | Advisory Board, Business, Entrepreneurs, Leadership, Management, Organizations
Creating an advisory board is the best decision an entrepreneur can make, but many entrepreneurs fail to create an advisory board. I speak to entrepreneurs daily about creating an advisory board and hear many excuses about why they don’t have a board. Most common...
