133. Peter Clark: 200 years’ growth - inside the Clarks’ family business

Peter Clark is a NED at Clarks. Tune in to hear his thoughts on: What makes a great i-NED on a family board? (2:15) What should you look for when recruiting NEDs in a family business? (5:27) What questions do you ask when interviewing a NED candidate? (8:07) What mistakes have you made when hiring NEDs in the past? (11:18) How has Clarks remained a family business for 7 generations? (13:39) What is a family council? (16:01) What discussions do you have on the council? (18:39) How do you navigate a professional relationship with a family member? (21:22) How do you select family members to join the council? (22:28) Where do you think you have added the most value as a NED? (26:42) Why did you bring outside investment into Clarks? (28:10) How did the relationship between the Clarks family and the business evolve post investment? (32:28) What advice would you give to other family businesses looking at external investment as an option? (34:03) And ⚡ The Lightning Round ⚡ (39:19)

Host: Oliver Cummings

Producer: Will Felton

Music: Kate Mac

Audio: Nick Kold

Email: podcast@nurole.com

Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom