03/28/17

Board of Directors

Big Red Car here waiting for Saturday and the Final Four contests. OK, but I am getting a lot of questions about all things pertinent to a Board of Directors and how to run board meetings and how to deal with board members.

We’ve talked about this before, so let me give you some frames of reference.

Know that I’ve stolen all of this from The Boss who had a lot of boards, board members, and board meetings in thirty-three years of CEOing.

Here it is for your use.

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08/10/16

Board Meeting Agenda

Board Meeting Agenda? What is that Big Red Car?

Big Red Car here in the sunny ATX with the sun beaming down and making it hot, very hot. Like Gen Wm Tecumseh Sherman (America’s first home grown war criminal) said, “If I owned Hell and Texas, I’d live in Hell and rent out Texas!”

So, today, we continue talking shop about the board meeting.

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08/9/16

Decision Memorandum

Decision Memorandum, Big Red Car?

Big Red Car here in the Olympic heat of Texas’ beautiful summer. The sun is shining. The heat is rising. The bougainvillea is blooming. The pool is calling. Today, we go swimming at Barton Springs and start swimming laps to rehab a painful Achilles Tendon — but I digress.

The Decision Memorandum is what, exactly, Big Red Car?

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02/4/16

Shop Talk — Boards, A Pragmatic Checklist

Big Red Car here, y’all. Oh, it’s cool and sunny here in the ATX. [Shut up, Big Red Car. We’re getting tired of it.]

So, today we start a new thrust that is going to be called “Shop Talk” for all of you in the trenches.

Today’s chat is about Boards of Directors. It is a checklist in the spirit of The Checklist Manifesto by Atul Gawande. Remember him?

So, read it already.

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12/18/14

The Imperfect Board

Big Red Car here. So The Boss is back in Steamboat for some skiing. It is cold and snowy in the ‘Boat which is apparently why The Boss goes there in the first place. Me and the housekeeper, well, we don’t like cold. We like top down Texas weather.

We just have to make it to Monday when it’s going to be 75F again. Please, God, move the sun faster, please. Continue reading

10/31/13

Board Duties — Handle With Care II

Big Red Car here.  Wow, we had a very nice rain last night replete with lightning, thunder and wind.  Ahhh, it was the best.  We desperately need water to fill the area lakes.  The lakes have been down a bit since 2011 but they are building back with the recent rains.  In the last month, water levels are up almost four feet.

So today we finish up our discussion on the nature of Board duties.  We began the discussion here <<<link, so check that prior post before launching into this one.

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07/11/13

CEO Performance Appraisal

Big Red Car here.  Going to be another nice day here in the ATX.  Why not?

So The Boss was visiting with one of his CEO pals and the subject turned to the issue of performance appraisal.  CEO performance appraisal.  This particular CEO is working for a well developed company that is clearly successful and seemingly has a Board of Directors that is well constituted and attentive to their duties.

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07/1/13

The Wisdom of CEO Coaching

Big Red Car here.  You may have experienced some access issues to The Musings of the Big Red Car in the last day.  This was a hosting issue that is reported to have been corrected.  The Big Red Car is sorry for any inconvenience

So, The Boss is still in Santa Fe and I am still hanging with the house sitter who is turning out to be a very cool chap, indeed.  I am getting a bit of running time that I did not expect but the young man did not know where the freakin’ gas tank fill fitting is located — BEHIND THE BACK LICENSE PLATE, Son.  Behind the freakin’ back license plate.

Anyway, a few calls were made and all is just fine.  I am filled to overflowing with regular — which is pretty damn hard to find these days — and we are on the road again.

The house sitter was wise enough to “consult” with The Boss and get a bit of coaching. Continue reading

05/11/13

“C” Level Employment Agreement — Position

Big Red Car here.  Going to be a beautiful day here in the ATX.  The Boss was out of here early and had coffee with a pal.  I got to take a quick ride over to the coffee shop and had a nice chat with a very attractive little Mercedes convertible.  What a doll.  Hehe, behave yourself, Big Red Car.

So, The Boss was thinking about the C level Employment Agreement again and was going to start peeling it back for ya’ll.

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05/10/13

“C” level employment agreement provisions

Big Red Car here.  Nice quiet early morning, let’s me compose my thoughts.  We had a thunderstorm last night and the yard is strewn with twigs and leaves.  Lots of lightning.  Big Red Car loves lightning.  It seems to energize my personality and make me excited.  There is nothing in the world like an excited Big Red Car.  Haha, Big Red Car, you crack yourself up, don’t you?

So The Boss is working with a couple of his CEOs and they are looking for some guidance as to how they should define their relationship with their company — an employment agreement.

In once instance, the CEO is selling his company and is being retained by the new owners.  The new owners want to ensure that the CEO does not wander off and start another company, so they are both wanting to get something done.  And, why the Hell not, Big Red Car?

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01/28/13

The Design of Compensation Packages for C Level Execs and Senior Management

Big Red Car here.  The Boss and I had a nice long ride today.  It was a bit cloudy but warm.  I love a good ride through a warm afternoon.

He had coffee with a pal of his and they got to talking about the design of compensation packages for “C” level executives and senior management. Continue reading