Triggers

find an effective chairman

Develop the Role of The Chairman

These triggers should start your search for a Chairman:

1.       CEO sees that growth is possible but it will not happen easily in the existing structure

2.       There is a looming problem that the status quo does not address

3.       The business has grown to a size that requires external input to support the CEO/owner

4.       There is a generational issue in a family business (owner passing control down to next generation)

5.       Shareholders are insisting on a structured Board ( could be because one of a number of classic alarm signals has occurred).