The board of a significant private company was composed of the representatives of the various shareholders plus an independent chairman. Several of the directors on the board had no previous board experience and were prone to meddling in managerial detail, interacting inappropriately with management, and generally causing friction inside and outside of the board room.
Cameron Ralph was engaged to assist the chairman to address the situation, and in doing so, lay the groundwork for the board to become more professional in anticipation of them attracting new independent directors.
Cameron Ralph worked with the Chairman and Chief Executive, exploring a variety of options for dealing with the situation. It was agreed that Cameron Ralph would draft Board Protocols and Operating Guidelines for the board, and work with the board to ensure an agreed commitment to the protocols.
Whilst it remains far from a perfect board, the board is much more focussed on critical strategic matters.
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