Do you have business with any Big(ger) Businesses or Organizations? By that, I mean businesses or Organizations that not only have an Executive or three, but also a Board of Directors?
Are you a CEO or other Executive for a Big(ger) Business or Organization?
Or do you serve on the Board of Directors for a Big(ger) Business or other Organization?
Many Business Owners get invited to serve on Boards. But if that's you, you're used to running things, not governing via policy through the CEO (for profit) or Executive Director (not for profit). The role of being a Director is often deeply misunderstood by most of those who serve on Boards.
If you answered yes to any one of those questions above, I think you will find this article helpful, if not eye-opening.
It will likely help you Executives better-understand the mindset of many on your Board.
As for Directors who serve on Boards, perhaps it will shed some light on your involvement.
Finally, for those who are doing business with such businesses, perhaps it will help you understand what you're dealing with, and give you some insight(s) into how you might better approach such an organization.
After you read it, I'd like to hear what you have to say.
I'm working with a local bank right now, listing several bank-owned properties. I could have had these sold several times over, except for the Board which keeps vetoing the sale. Until the PERFECT deal comes along, they'll keep vetoing. Too many opinions of value and what we're selling...