Value Proposition of the Private Company Board - a podcast by BDO USA, LLP

from 2020-09-09T15:23:04

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Join BDO in discussion with Don Springer and Dennis Cagan, the Managing Directors for GovernX.

Key Takeaways

  • Boards provide important checks and balances that can foster sound governance within an organization
  • Boards should be formed with the organization’s needs in mind in advance of significant transactions
  • Board members can be thought of as affordable consultants and may provide first class advice and unbiased perspectives to management in helping meet strategic objectives
  • Board assessments highlighting skills/experience gaps should inform board member selection and bring differing and fresh perspectives
  • High caliber board members can provide credibility and competitive advantages with stakeholders

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