Board Report
People running even quite large organisations have often had absolutely no training in how to do the job. The most common manifestation of this is in family businesses where it is assumed that siblings with the same surname as their predecessors are genetically disposed to replicate or even improve upon what went before.It really doesn’t work like that. So if you encounter this kind of dilemma, either because you advise a company such as this or because you work there, then one very quick way to establish the calibre of the directors is to ask: “If this business suddenly vanished off the face of the earth and you were left standing there:
Where would you get another similar type of job with similar levels of responsibility?
How much would you be paid?”
The greater the discrepancy between what is and what might be, the greater the training need.
posted by Tim @ 7:07 AM
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