There are two powerful tools that are critical in maximising director performance in the boardroom. Successful directors engage powerfully and purposefully. They can see all the angles, and plan accordingly. They're masters at finding and implementing solutions that suit the specific situation at hand. And they grow exceptional businesses as a result.
Many business people -- from founders to established executives to onlookers -- misunderstand the role of boards and corporate governance, particularly for young companies.
Two months after Darden's dramatic board restructuring, Olive Garden beat analysts' expectations and reported its first positive same-store sales in more than a year.
Selecting a board is a critical activity for entrepreneurs, as it can shape the course of a business. To ensure you are headed in the right direction, focus on these five questions.