Value Proposition of the Private Company Board

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