Remove class-readers
article thumbnail

Your board should protect you!

Berkonomics

They can elect directors for their class of stock, approve mergers and acquisitions; approve increases or changes to the capital structure of the company and other more minor actions. Email readers, continue here…] It is the board, made up of individual members, that is responsible for the care and maintenance of the corporate person.

Class 282
article thumbnail

Wow! Are your relationships important!

Berkonomics

Email readers, continue here…] I am chairman of the Technology Division of the ABL Organization, a roundtable organization with multiple CEO roundtables of about twelve members each, meeting monthly. It is from over a thousand of these CEO presentations over the years that I attempt to make the following generalities.

Class 194
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What do you give up when you take outside investors?

Berkonomics

Investor-friendly clauses in agreement There are also clauses in many such investor documents that allow the investor to override the founder and force a sale of the company if a proposed sale is attractive to an investor for liquidity, even if the founder feels that there is much more potential if the business is not sold at the present time.

article thumbnail

Are you being watched at work?

Berkonomics

Your past and present experiences. Email readers, continue here…] Black and white examples include taking supplies home, using company time to perform personal duties (if not permitted), and even traveling business class at company expense on short trips. At least once? Or in a pattern of repeats?

Examples 156
article thumbnail

How well do you use your business time?

Berkonomics

Each CEO is asked to make a deep presentation once a year in which he or she starts with personal and business goals for the coming year followed by concerns as to how to reach these goals. 15% typically is spent on direct management issues such as supervision of next level subordinates.

Class 243
article thumbnail

Take advantage of the good times to build stakeholder loyalty.

Berkonomics

Managers almost always believe that stakeholders understand the pressures of the business and the circumstance of the present. Email readers, continue here…] Sometimes a secondary fund-raising effort leads to a lower valuation than the last. The chasm between management and employees. Investor loyalty is most tenuous of all.

Layoffs 240
article thumbnail

So, what’s a company board good for, anyway?

Berkonomics

Email readers, continue here…] Generative thinkers are relentless in asking questions that get to the core of an idea, often making the originator think more deeply about the effects over a longer period of time. These are generative thinking questions. Generative. or “How about the public relations impact?”

Company 156