Graham worked as a management consultant assisting the national operations of a company that has grown over twenty years acquiring ‘non-family’ shareholders who now account for 40% of the capital. The founder’s son, who owns 10% of the shares, heads an overseas division and is a director. The founder retains the remaining 50% and is …
Starting a Business/
Business Laws & Ethics
How to File a South Dakota DBA Name Online in 2024
Do you want to understand the ins and outs of DBA registration in South Dakota and take charge of the filing process? We’ve got you covered. In South Dakota, a DBA, or Doing Business As, lets individuals operate under a different name for various purposes like marketing, sales, and legal matters. It’s also known as …
The difference between chief executive and Managing Director is one of thesubtleties that can confuse board members. Boards have the right to delegate the tasks of running the organisation to any person they rationally believe is capable of performing them. When the board delegates those tasks to one of the directors, that person becomes known …
I do know at least one person who has been the chair of a board for over 20 years (a big organization). Is that unusual? It is an extremely unhealthy situation, but is not unusual for an NPO that never grew up. I’d expect that the same people are doing the same things they’ve done, …
It is important that specific terms be used/understood with consistent definitions. Members of a Board of a non-profit organization, by law, are those individuals who have specific responsibilities and liabilities, and who have unrestricted voting rights — except for conflict of interest situations. Anyone who does not have voting rights, therefore, is not a Member …
One of the longest running and most passionately argued debates on LinkedIn concerns the issue of payment for directors of not-for-profit organisation boards. Although the focus of the mainstream press has remained fixed on the high salaries of executive directors and the apparent abuses of performance hurdles so that executives are rewarded for destroying, rather …
Nonprofit organizations (NPOs) are created to address specific issues/problems/needs and serve specific communities/constituencies, and the primary role/responsibility of the Boards of those NPOs is to represent (the issues/problems/needs of) those communities/constituencies. A Board does this by ensuring that the NPO’s mission is consistent the reason(s) that organization was created … and by adapting that mission …
At some point in a scandal companies can longer gloss over the trouble with settlements and promises of reform. Curious as to whether News Corp has crossed that line. From today’s New York Times: As Mark Lewis, the lawyer for the family of the murdered girl, Milly Dowler, said after Ms. Brooks resigned, “This is …
