Prelude Growth Partners’ Post

Brainstorming with my roommate from business school Rajeev Kapoor. Raj is an established executive. “There are multiple examples of value erosion in M&A deals in which a lack of compassion creates a disincentive to deliver value. Any M&A deal works on the premise of value creation and value extraction; to deliver on both these promises there is a need for both parties to work together. While there are some principles that both parties follow, the value extraction becomes greater when both parties take time to put themselves in each other’s shoes.” It was great to hear his arguments for compassion in M&A transactions. Framing compassion as a value creation rather than a sacrifice essential to develop a more caring world. Kartik Varma Yulia Pak Juliane Yung Smita B. Raquel Bicalho de Azevedo Melanie Chen, CPA, Esq. Radhika K.

Join us for our annual Dallas Board of Directors Forum on February 20, 2024 at Old Parkland! This premiere annual event hosted by Baker Botts and the NACD North Texas Chapter will address the increased challenges and enhanced responsibilities that directors will continue to face in 2024. This year's topics will focus on: - What Boards Need to Know about AI - Key Takeaways on the Current State of D&O Insurance - Texas Business Climate - Forecasting a Hot Future As in prior years, we are expecting a great lineup of speakers. Confirmed speakers include: - Scott Beasley - Chief Financial Officer at Frontier Communications - Ben Bhatti - Vice President of Innovation and Research at Dallas Regional Chamber - Cullum Clark - Director of the Bush Institute-SMU Economic Growth Initiative and Adjunct Professor of Economics - Stacey Doré - Chief Strategy and Sustainability Officer at Vistra Corp. - Gunnar Heinisch - Managing Counsel at Toyota Motor North America - Ray Hemmig - CEO and Chairman at Retail and Restaurant Growth Capital - Jay Johnson - Managing Director & Deputy Chief Counsel in the Technology, Contracts and Brand Awareness Legal Group at Charles Schwab - Chris McBee - Senior Vice President, Financial Services Practice Leader at Lockton Companies - Margaret Spellings - President and CEO at Bipartisan Policy Center Learn more: https://okt.to/FfJYxM

One of the interesting exercises is to look at company ESG/sustainability materiality maps and then ask - do they have directors with the expertise needed to oversee those issues on their board … #ESG #sustainability #corporategovernance

"They're afraid you'll ask too many really good questions". That's what a very high profile board chair (who himself was over boarded) said to me years ago when I asked about the prospects of joining a public company board. Boards no longer have the luxury of hiding from those challenging questions, because someone out there is asking them. No doubt that there are lots of lawyers who would be terrible board members -- just like there are plenty of CEOs who might not add value to a board -- but your board needs to be diverse in every way, including having leaders who will ask difficult questions. I love this @Law.com piece and Laura Schumacher's comments on the topic. It's time to bring modern solutions to modern challenges, including having someone on the board who is willing to productively and respectfully challenge the status quo and bring rigor to the governance process, especially in the #ESG and #Sustainability arena. Reputational risks are growing exponentially and you need to identify and address issues before someone else does. https://lnkd.in/esHeS7pQ

👇5 questions you can’t afford NOT to ask an Independent Board Director (IBD) candidate: 1. How have you successfully navigated the unique dynamics of family-owned businesses in your previous roles? 2. Can you highlight specific strategies you've used to improve governance and strategic decision-making in similar family businesses? 3. How do you address conflicts between family and non-family members on the board? ^This is a big one 4. What methods do you employ to ensure transparency, accountability, and long-term sustainability in family businesses as an independent director? 5. How do you balance preserving family values with the need to adapt to market changes in family businesses? After decades of helping my family business, Royal Cup, Inc., I have since started Double Iron Consulting as a way to lend expertise to other family businesses and growing companies. I’m currently looking for new IBD opportunities. If you think we’d be a good match, book a discovery call right here!  https://lnkd.in/d5mXH87r

Arturo Names Burke Chief Operating Officer

Arturo Names Burke Chief Operating Officer

Accountability in business is like a unicorn in a field of horses—it really stands out, and when you do see it, it's kind of magical. In a world where "The dog ate my homework" has been replaced with "Sorry, my email must have gone to spam," owning up to our actions is more refreshing than an office with actual plants and windows that open. But let's be honest, being accountable is not just about earning gold stars or avoiding being the subject of the next break-room gossip. It's about stepping up to the plate, even when there's a chance of striking out. It means meetings where 'I'll look into that' transforms from an escape route to a battle cry. So, here's to all the brave souls in the business world who say, "Yep, that was me; I did that," and then follow it up with a superhero-worthy, "And here's how I'm going to fix it." You are the rare breed who don't just pass the buck; you actually make sure it stops with you—turning accountability into accounta-bility (see what we did there?). Keep on making the corporate world a little less 'corporate' and a lot more human. Hats off to you, the true MVPs of the Monday morning meeting!

“If we only listen to the smartest person in the room we miss out on the smarts the rest of the room has to offer. Our greatest potential isn’t always hidden inside us, sometimes it sparks between us, and sometimes it comes outside our team altogether.” - Adam Grant on the Lattice System. What is the Lattice system? The lattice system in corporate governance refers to a framework that emphasizes the interconnectedness and overlapping responsibilities among the various components of corporate governance. In this system, different elements like the board of directors, management, shareholders, and other stakeholders are not seen as isolated entities, but rather as parts of a larger, interwoven structure.

Thrilled to announce the exceptional strides made by Native Alternatives team! With a keen focus on hiring inspiring C-level advisors, we're reshaping boardrooms with seasoned talent. Our commitment to finding top-tier professionals, ensures unparalleled expertise for our clients. Stay tuned as we continue to elevate boardrooms and redefine success with our Alternative team's remarkable work! If you are also interested to know more about this, please reach out Asish Puri Shailesh Hejmadi Saket Jain #boardhiring #independentdirectors #advisory