Governance

Governance

Incorporating Ethics In Silicon Valley and In Startups

For those of you at the 2019 J.P. Morgan Healthcare Conference in San Francisco, we realize deals and investment news dominate the conference, but let’s take a moment to discuss ethics. Per our previous post where we discussed why ethics is now in the spotlight more than ever, the difference between ethics and compliance, proposed use of ethics officers, and why employees are pushing back against “bad” company actions, this post reveals an alternative to the use of an ethics officer - an ethics committee. The post concludes with how Venture Catalyst can help you with your company’s ethics needs Learn more...

Six Ways To Develop A Governance Strategy That Supports Growth

One of the main priorities for small businesses – especially these days – is survival. While that often means items such as corporate governance may take a backseat to accomplish that goal, they’re still important to achieving long-term stability. learn more...

What are Advisory Boards Roles And Responsibilities?

An Advisory Board is a structured and collaborative method for organizations to engage with external advisors. Advisory Boards act as a sounding-board for either the owners, directors or shareholders of a company.

Advisory Boards are useful in both scaling businesses as well as larger entities like emerging corporates, multi-nationals, non-profits, academia and government.  A well structured Advisory Board with best practice principles allows people in the organization to test their own strategic thinking and access expertise or connections that may not be readily available via other means. Learn more...

   Why You Can’t Talk About Impact Investment Without Corporate  Governance

Governance is formally defined as “systems and processes that ensure the overall direction, effectiveness, supervision and accountability of an organization” (Cornforth, 2003). Governance mechanisms can include governing boards, monitoring systems and signaling mechanisms like reporting or codes of conduct. learn more...

   

10 tips to turn your startup board into a secret weapon

Over the last last 9 years I’ve been involved in 20 different boards, mostly start-up boards. Sometimes my role was lead investor, others non-lead investor, chairman, or independent director and in 1 case (at La Nevera Roja) as founder & CEO. It’s been ~100 board meetings (BoD), that imply ~300 hours in meetings and a few thousand hours in board-related work, which is quite a lot of time. This is one of the reasons why I’ve been thinking a lot about how the perfect startup board and board member should look like. learn more...  

Effective Startup Boards: What They Are and How to Build Them

To the question about personality types, if you are a king—an entrepreneurial persona coined by Noam Wasserstein of Harvard Business School which characterizes an entrepreneur that is principally motivated by control and independence—the idea of voluntarily establishing a group of wise-men responsible for managing, governing, and potentially firing you may seem ludicrous. If you are on the rich side of the spectrum, however, whose psychology is driven more by the opportunity for extreme financial gain than by the need for control, then you probably don’t need much convincing of the value of a board. learn more...