Some interesting links we found across the web this week:
Back Channels in the Boardroom
After a board meeting, it is common for board members to begin side
conversations with each other. While these side conversations are
generally harmless and can be enormously valuable, when improperly
conducted, they can foster inappropriate alliances that result in
poor decisions. If you have noticed these trends, here is a great
article from HBR on the how to properly manage side conversations
among the board members.
The Inherent Failures of Long-Term Contracts
— and How to Fix Them
Oliver Hart, Nobel-winning Harvard economist and Kate Vitasek,
faculty at the University of Tennessee, discuss a new approach to
forming a contract by adopting what they call "relational
contracts." Learn about this approach in this informative HBR
interview with Mr. Hart and Ms. Vitasek.
5 Tips to Successfully Sell Your Company
Are you looking to sell your beloved company? In this article by
Entrepreneur, an experience founder shares helpful tips that you
should consider before you walk down the path of mergers and
acquisitions.
Amid Uncertainty, Beware Indecision and Over
Caution
Margie Warrell, an author of Stop Playing Safe, shares her story
with Forbes to highlight the importance of avoiding over-reacting
when faced with uncertainty with over-caution. No one can predict
the future, but one thing is certain, says Warrell: "those who
are willing to embrace the wild unknown will be best positioned to
seize its opportunities."
Investors Research: Basic Understanding Before
Fundraising—Angel Investors
While angel investors wildly differ from institutional investors,
the methodology and principles of the fundraising are the same.
This article by Medium lays out the differences and the
similarities between angel and institutional investors as well as
how and when to approach them.
Links compiled by Lugar Choi.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
