Having a management "board" of some form makes real sense. It is difficult - if not impossible to keep an eye on everything. Even if the skill set is within the company - a board can be a great catalyst for making things happen in a logical process while adding accountability and equity to management.
In the worst cases, the idea of a board is rejected due to ego or internal political reasons.
Often the most common reason for not setting up a board is from not knowing about the process as it is not really the type of thing that Accountants or Lawyers help with - or is it?
Find out about the latest trends and opportunities for improvements at a workshop presented by Family Business Australia. On Monday 24 October 2011 at 6.15 Adelaide
More details - click here