Does your Board exist to protect the company... or to protect your EGO?
It is an uncomfortable question, but a necessary one.
Many business owners choose Board members based on three classic criteria: friendship, résumé and reputation.
These factors matter. But on their own, they do not guarantee a good Board.
In practice, what we often see is the opposite of what should happen.
Boards that become mere formality.
Seats occupied by strong names... but with no real intellectual confrontation.
Elegant meetings where nobody has the courage to say what needs to be said.
And this does not only happen in small companies.
Large corporations pay millions to Board members who, in practice, take little part in building strategy. They arrive, give superficial opinions and leave.
That creates a silent problem.
The owner remains alone in the truly difficult decisions.
So, before looking for a "Board member," it is worth asking a more strategic question:
What does your company really need right now?
• A Board member for governance structure and strategic vision
• An experienced Advisor who goes deeper into the dilemmas of the business
• Or a Consultant focused on solving a specific problem
Each of these roles serves a different function.
But all of them have one thing in common when they are well chosen:
• They are not there to please you.
• They are there to question, provoke and expand your capacity to decide.
Because whoever holds positions such as CEO, founder or chairman knows one thing well:
The top can be extremely lonely.
And lonely decisions often cost a lot.
Final provocation:
If you could have beside you someone with the intellectual freedom to challenge your strategic decisions today... would that change anything in your company's direction?
If this question made sense to you, send me a message or comment "Board" here on the post.
I have a simple practice of strategic conversation that, in a few minutes, usually brings more clarity than many formal meetings.
And sometimes that is exactly what a leader needs: clarity before the next decision.