Remove five
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I’ve been sued as a board member.

Berkonomics

I’ve been sued as a board member too many times over the past twenty-five years of board service. Five times. Here are some examples: Entrepreneurs blaming their board for failures of a fragile, early- stage company. Does that shock you? It does me. What’s the exposure? What is D&O insurance?

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Stock options or more cash?

Berkonomics

Here’s an example we’ve heard before: Cohen sets up an example where a senior position job candidate is stuck on a salary twice as high as the CEO is willing to pay, leading to a standoff between the two. Email readers, continue here…] One of the items on Cohen’s list of twenty-five was stock options.

Examples 156
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Fight for balance on your board!

Berkonomics

Email readers, continue here…] Some board members find themselves debating whether there should be an expansion from five to seven, from seven to nine or more to allow for such a mixture of protective seats created by the investment documents and balance with outside board members. How about the size of the board?

Class 156
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You’re the general. So, make your strategic plan!

Berkonomics

A typical small to medium business finds five sweeping strategies for the current year, many cross-departmental, and some carried over from the previous year’s plan and even from years before that. Email readers, continue here…] Here are some example strategies from some of my companies over the recent years.

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Are you at risk for tech killing your job?

Berkonomics

Consider this bit of recent history: In 1995, thirty-five million people used the Internet. Email readers, continue here…] By 2024, at least ninety percent of the global population will have regular Internet access. In 1980, it took twenty-five jobs to produce a million dollars in manufacturing output. Worse, 3.1%

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Five ways to make your company stand out.

Berkonomics

The five strategies: Picking one to emphasize. There are five strategic positioning areas for you to consider. There are five niches you can chose when defining your positioning strategy: price, quality, service, innovation, and elegance. So, how do you position yourself to be a stand out? That’s our subject this week.

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Why should you explain WHY?

Berkonomics

Remember the five “W’s?”. In my early journalism classes, I was taught the five “W’s” of good news stories, and that most should be in the first paragraph at that. Who, what, when, where and why are the five, with sometimes a “how” thrown in for those followers of the macabre. Which of the five is most important for you?

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