by Jonathan Foster | Mar 17, 2020 | Blog, Jonathan F. Foster
Governance is critical for companies of every size. The maturity of a company can impact the scope and detail of a board of directors’ responsibilities. A board should grow and evolve with a business. For smaller businesses, the board is often involved in specific...
by Jonathan Foster | Feb 7, 2020 | Blog, Jonathan F. Foster
Replacing or adding a board member is a time- and labor-intensive process that starts with determining the skills an organization needs. Hopefully, a board has an existing skills matrix that shows the attributes of the existing directors. From there, the board can...
by Jonathan Foster | Jan 17, 2020 | Blog, Jonathan F. Foster
There are increasing conversations and more support from various governance organizations about term limits of generally about ten years for directors of publicly traded companies. The idea is to refresh boards and adjust for an organization’s changing needs and...
by Jonathan Foster | Dec 19, 2019 | Blog, Jonathan F. Foster
Many occupations require licenses to prove competency, including accountants, investment professionals, physicians, private investigators and security guards. While licensees are not necessarily excellent at what they do, a license does guarantee that a licensee has...
by Jonathan Foster | Nov 8, 2019 | Blog, Jonathan F. Foster
Navigating Chief Executive Officer succession is critical to the success of a company, even one that has been established and successful for some time. One of the board of directors’ most important roles is naming, evaluating and compensating the CEO. While important...
by Jonathan Foster | Oct 18, 2019 | Blog, Jonathan F. Foster
Career advancement often requires a willingness to make difficult choices that affect families. For many, this can mean relocating to an entirely new city. While remote work offers some flexibility for employees, I generally believe that you have to live in the...