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KCL Tips

On An Outside Board:

Having outside Directors is immensely valuable.  They bring a different perspective and experience base to both publicly and privately held corporations.

Consult with Board members before all major capital expenditures or acquisitions.  They owe you candor; you owe them proper conduct as a Chairperson.

Make sure Board meetings focus on the company’s future.  Prepare thoroughly, providing agendas and other materials well in advance.

Listen.  That’s your major mission.  In an optimum Board environment, suggestions, proposals, approval and disagreement will flourish.

Be willing to pay well for good advice.

Besides Directors, attendees at Board meetings should include the President, CEO, legal counsel, and company secretary.

Be sure Board members help you make those hard decisions that keep the business on track and prospering..

Contact Information

You can reach Krause Consultants through the information provided below.

................Telephone (414) 273-2733

........FAX: (414) 273-2177.

Postal address:

Krause Consultants Ltd.
700 North Water Street
Suite 1246....................
Milwaukee, WI 53202.

Electronic mail

ckrause@ckrause.com

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