Does your board give you good advice?
Berkonomics
AUGUST 8, 2019
This may be news, but boards of directors can offer bad advice. Having served on more than forty boards, I’ve seen such a variety of good and bad advice that my stories could fill a book. (oh, wait. They have…) So, lets delve into board composition, risk of an unbalanced board, and one of those stories…. The composition of your board matters. A typical board is composed of five persons in a company that has received outside funds from professional investors.
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