Managing Boards

I ran the class on Managing Boards. We focused on:

Part 1

1. Considerations for board makeup

2. Relationship with entrepreneur

3. Board makeup

4. The role of the chairman

5. The importance of having a defined entry/exit process to the board

6. The interplay between shareholder agreement and board mechanics and practicalities

7. Conflict resolution

Part 2

The class was also presented with two real life situations and asked to explore them like a board and take a vote to reach a conclusion. The decisions were compared with what happened in the real situation and discussed why they came to conclusion that they did.