On Boards Podcast

Joe Ayoub & Raza Shaikh

A company's Board of Directors or Advisors often has a pivotal role in the success or failure of a business, whether a company or organization lives or dies - - and whether the people who have invested time, money and emotional capital will succeed. On Boards Podcast: A Deep Dive at Driving Business Success, is about everything related to Boards of Directors and Boards of Advisors. Twice a month, in 30 minutes, hear and learn about all aspects of boards and business governance. 
In each episode co-hosts Raza Shaikh and Joe Ayoub interview a guest who has experience with boards - as a board member, a CEO, an investor or an advisor, among other roles, for a conversation on a wide range of topics including: What makes great boards great? What makes a board unsuccessful? How to be a good board member? How to make your board one of the most valuable assets of your company. They discuss public, private, non-profit and start-ups (which they believe is its own category) boards - the work they do, the impact they have and their potential to be profoundly impactful on the organization they serve. On Boards Podcast is for anyone who is a board member, would like serve on a board, is an owner of a business, a member of a non-profit organization, an investor in a business or is interested in Board of Directors or Boards of Advisors or business governance.

  1. Oct 12 ·  Video

    Building Effective Boards in a Changing World with Ray Garcia

    In this episode of On Boards, co-hosts Joe Ayoub and Raza Shaikh welcome Ray Garcia, senior partner at PwC and leader of PwC's Governance Insights Center, to discuss findings from its 2026 Annual Corporate Directors Survey. Drawing on responses from more than 600 corporate directors, Garcia explores how boards can improve their effectiveness, strengthen strategic oversight and adapt to a rapidly changing business environment. The conversation examines board assessments, cybersecurity and AI governance, the quality of information directors receive from management, and the need for more deliberate board succession planning.  Garcia emphasizes that effective boards must look beyond current performance and technical expertise to anticipate future needs, prioritize cultural fit and build the capabilities required to support their company's strategy. Key takeaways Board assessments should focus on future performance, not just past performance Assessments are often treated as an annual governance exercise rather than a tool for improving board effectiveness Bringing in an experienced third party to conduct individual interviews every few years can encourage greater candor and uncover issues that surveys alone may miss Assessments should consider where the company expects to be in two to three years and whether the board has the capabilities to support that strategy Cybersecurity is an enterprise resilience issue, not just a technical one AI increases cyber risk as both companies and threat actors use the technology to strengthen their capabilities Boards should conduct tabletop exercises to prepare for potential ransomware attacks and data breaches, clarifying who makes decisions, when the board gets involved and how the company communicates externally Directors need sufficient fluency in cybersecurity and AI to ask management the right questions Better information enables stronger strategic oversight Directors may be able to challenge management more effectively if they receive clearer strategic metrics, alternative strategies, scenario planning, trade-offs and peer benchmarks. Nearly 80% of surveyed directors said management could improve the materials they receive Rather than presenting a predetermined answer, management should bring recommendations that give directors enough information to evaluate assumptions, consider alternatives and exercise meaningful oversight Board composition and succession planning must evolve with business needs More than half of surveyed directors believed at least one board member should be replaced, while 71% said boards needed stronger AI skills Board succession planning should begin with the company's future strategy and the capabilities needed to execute it, rather than simply evaluating individual directors in isolation Skills matrices should be living tools that evolve as business priorities change, rather than static disclosures in proxy statements AI governance requires fluency, education and strategic integration Boards should improve their AI fluency without assuming they necessarily need a dedicated AI expert on the board Directors must understand AI's implications for strategy, risk, organizational culture and employee productivity Boards should evaluate AI as an accelerator of business strategy rather than treating it as a standalone issue. Responsibility for AI strategy rests with the board, while audit or risk committees oversee associated risks Quotes: "Cyber is really not a technical issue for companies. It's quite frankly an enterprise resiliency issue." "Boards that look at AI as an accelerator of the strategy and not its own as its own issue are the ones that are actually succeeding." "The most effective boards are the ones that have built a process and capabilities and culture to continue to evolve in today's world." Links: 2026 Annual Corporate Directors Survey Guest Bio As the leader of PwC's Governance Insights Center, Ray Garcia has over 34 years of experience advising Global Fortune 100/500 companies. He has held key leadership roles at PwC, including overseeing the US and Mexico Assurance Operations. Ray's expertise spans corporate governance, M&A, and ESG, among other areas. Appointed to the Texas State Board of Public Accountancy, he also serves on advisory councils at Texas A&M and Trinity University. In addition to Ray's professional pursuits, he is committed to community service as President of the 100 Club and a board member of the Coastal Conservation Association and the Barbara Bush Houston Literacy Foundation.

  2. Oct 1 ·  Video

    What's Your Story with Anouk Pappers

    In this episode of On Boards, hosts Joe Ayoub and Raza Shaikh speak with Anouk Pappers, CEO of Signitt and founder of CoolBrands People. As a brand anthropologist, Anouk advises board directors, C-suite executives and leadership teams on developing their executive narrative and building their digital reputation.  Throughout her career, Anouk has interviewed more than 900 CEOs, board members and business owners around the world, publishing 15 books around their stories. Anouk shares why networking for a board seat is a long-term process built on relationships, reputation and trust. She also explores how AI is changing the way board candidates are discovered and evaluated, and why leaders need an online presence that is both human-readable and machine-readable while remaining authentic. Key takeaways Your personal brand is already there  A personal brand is not a logo or tagline. It communicates who you are, what you stand for and what you bring to the table. Start by identifying your goals, target audiences, unique experiences and the two or three areas for which you want to be known. Your combination of experiences and accomplishments can differentiate you, even when your individual skills may not seem unique on their own. Purpose makes leaders and organizations memorable People with a clear purpose and vision tend to leave a lasting impression. Purpose extends beyond maximizing profits to considering people, the planet and profit, and integrating broader stakeholder value into a company's business model. A company's brand can evolve over time while its core values remain consistent. Networking for a board seat requires long-term relationship-building Board opportunities often begin with existing relationships and recommendations within a board's professional network. Building relationships with board directors, CEOs, executive teams, and executive search professionals helps increase visibility and credibility. Successful networking requires consistent engagement, trust and a reputation that others feel comfortable putting forward Visibility and positioning are just as important as credentials Education, experience and professional credentials are foundational, but they do not automatically lead to a board seat. Candidates need a clear narrative that makes it easy for others to understand their expertise and recommend them for opportunities. Articles, videos and speaking engagements can create proof points that reinforce credibility of your expertise. AI is changing how board candidates are discovered and evaluated Traditional search engines reveal a person's digital footprint, while AI tools can interpret that information and generate a narrative about the individual. Board candidates should develop an online presence that is both human-readable and machine-readable. Authenticity, human connection, trust and critical thinking remain essential in the boardroom. Quotes "You need to make an impact. You need to share your story over and over again. And you need to make sure that people can remember you." "Everybody has a personal brand… You can take control and define your brand, or you can let it be defined by others or maybe even worse, let it not be defined at all." "AI is really moving fast, but this personal connection, that's what we need. And I think that's what we need to really reinforce in the boardroom." Links Signitt Guest bio Anouk Pappers works with board directors and senior executives on a part of leadership that has become impossible to ignore: how they are professionally perceived when board roles are being considered. She is known for guiding leaders with turning strong executive experience into clear board relevance. Her work focuses on defining the story behind a leader's judgment, perspective, and contribution, strengthening how they are spoken about among their professional peers, and aligning their online presence with the roles they are ready to take on. For aspiring board directors, this creates greater clarity and confidence. For sitting board members, it sharpens positioning, visibility, and influence. A brand anthropologist, author, speaker, and founder of Signitt, Anouk brings together narrative, visibility, and online presence with a clear focus on board positioning. She draws out what matters in a board context: how a leader thinks, what they see, and the value they bring as a non-executive. Anouk's perspective has been shaped by a global career that began in 2002 with "Around the World in 80 Brands," a project that took her across continents in search of brands with purpose and people with vision. From Amsterdam, she expanded her work to Dubai, São Paulo, and New York, collaborating with companies including PepsiCo, Apple, Google, Mercedes-Benz, Harley-Davidson, and Unilever. Over the years, Anouk has interviewed more than 900 CEOs, CMOs, board directors, and senior business leaders, and published 15 books built around their stories and insights. That body of work gave her a rare understanding of how credibility, trust, and leadership value are communicated across industries, cultures, and board-level settings. She is a frequent speaker at board and leadership forums, including NACD, PDA, EWOB, WCD, C200, Deloitte Board Readiness, 50/50 Women on Boards, Women in the Boardroom, DDI, TLN, and ELC. Anouk believes that experience may open the door, but positioning, visibility, and narrative often shape who is remembered, who is trusted, and who is invited into the room.

  3. Sep 16 ·  Video

    Turning the Board into a Competitive Advantage with Betsy Atkins

    In this episode of On Boards, hosts Joe Ayoub and Raza Shaikh speak with Betsy Atkins, a three-time CEO, serial entrepreneur, and one of the most experienced public company directors in the U.S., having served on more than 38 public boards and through 17 IPOs. Betsy explains why a board stuck in an oversight mindset can never be a competitive asset, and what it actually takes for directors to lean into growth and innovation: mentoring the CEO, becoming a thought partner, opening doors, and thinking like an owner. She makes the case that the attributes that matter most in a director today are being active, brave, curious, and decisive – and offers practical questions for finding those qualities in a candidate. The conversation also explores the difference between a high-performing board and a change-adaptive one, drawing on Betsy's experience as lead director when an activist arrived, and closes with a hard look at AI governance – why boards should treat AI agents as an insider threat, tier their risk, and make sure the guardrails are actually being enforced. Key Takeaways A board becomes a competitive advantage by leaning into growth, not just oversight Reviewing last quarter and the annual plan is the minimum; companies thrive or melt depending on whether they stay relevant Directors should push the CEO and leadership team to be change adaptive – what's new, where the market is going, who the unexpected interlopers are In practice this means mentoring the CEO, connecting them with other relevant CEOs, becoming a thought partner on partnering ecosystems, and opening doors at the right level when invited Showing up four times a year is a transaction, not a relationship Reading the board package and attending meetings is table stakes, not the job Directors need to invest in the relationship with the CEO – meeting early, meeting outside the boardroom – before their help will be welcomed The highest standard is thinking like an owner: if I had to solve this, how would I go about it? Hire for resume reality, not resume match Board search can be a loss leader for search firms, which creates an incentive to place candidates who look perfect on paper rather than those who deliver value A functional expert from a large-cap company may not bring the generalist, entrepreneurial perspective a board needs The four attributes to seek: active (100% engaged), brave (courage to have meaningful dialogue), curious (open to new models and tools), and decisive (able to act with incomplete information) To test for courage, ask candidates about the hard things they've done, when they took a principled position against the group, and who they admire as courageous You're hiring for the bad times Everybody looks like a genius on a rising tide; equivocating and stalling are decisions too Duty of care means getting objective outside information, but the board is there to exercise business judgment – often with incomplete information Large-company executives are skilled at moving big organizations incrementally, which is the opposite of the personal decisiveness a board crisis demands A high-performing board is not the same as a change-adaptive board High-performing boards have excellent processes for the status quo; change-adaptive boards can absorb and act on something new At HD Supply, Betsy replaced a board dinner with a learning session on digital transformation, bringing in three outside firms so the board could build shared understanding together That shared learning "wove the fabric" that let the board process an activist event as a cohered team Change adaptiveness is a muscle that is often dormant in senior leaders and has to be deliberately created – or recruited for Engage with activists rather than refuse them Activists are shareholders, and there's a wide continuum between confrontational and constructive ones The initial "refusenik" reaction rarely works; the board should ask whether the activist might have a valuable idea and what it would cost to listen Who got you here is not who's going to get you there – the rate of change and the number of macro trends today are different from a decade ago and board composition needs to change accordingly AI governance is the next big thing boards are not ready for Use the cybersecurity playbook boards already know: zero trust, with AI viewed as an insider threat vulnerability Every agent needs a unique cryptographic identity and a human owner in the operating line who is accountable for its purpose and permissions Boards should ask management to tier agent risk: low (read-only), medium (reversible, bounded actions), high (irreversible or material actions such as payments, deleting databases, or exposing customer data) A policy on paper is not enough – someone has to verify there are logs and that incidents are tracked, algorithms are monitored for drift, and there is a way to disable an agent Technology expertise on the board is now a must-have, not a nice-to-have – broad and conceptual, not narrowly functional Board composition and tenure have to keep pace Boards should review their composition regularly, and duration of service probably has to change Companies are less likely to fail from cooked books than from irrelevance – and the glide path is much shorter than it used to be Quotes "It's very easy for boards to be in an oversight mindset. But companies thrive or they melt if they're relevant." "Coming [attending board meetings] four times a year is a transaction, not really a relationship." "Perfect on paper is not always perfect in reality. Perfect on paper is the difference between resume and reality." "You're hiring for the bad times. Everybody goes up with the rising tide." "You have to be decisive because equivocating is a decision. Stalling is a decision. Time is not your friend if there's something really wrong." "Who got you here is not who's gonna get you there." "AI should be viewed as an insider threat vulnerability. Every single agent needs to have a cryptographic, unique identity, and a human owner who's responsible for what is its purpose." "Blockbuster had a decade before Netflix took it out. I don't think you have two years anymore." Links betsyatkins.com Be Board Ready: The Secrets to Landing a Board Seat and Being a Great Director Behind Boardroom Doors: Lessons of a Corporate Director Guest Bio Betsy Atkins is a three-time CEO and serial entrepreneur who has co-founded enterprise software companies in the energy, healthcare, and software industries. She has scaled companies through hypergrowth, helped shape the future of digitization, and led companies to successful IPOs and acquisitions. Since 1994 she has been CEO of Baja Corporation, an independent venture capital firm focused on technology, renewable energy, and life sciences. Betsy has served on more than 38 public company boards and has been through 17 IPOs, with board experience spanning technology, financial services, healthcare, retail, automotive, manufacturing, and logistics. She was a co-founder of Ascend Communications, acquired by Lucent, and CEO of Clear Standards, acquired by SAP. She is a frequent corporate governance commentator and the author of two books, Be Board Ready and Behind Boardroom Doors.

  4. May 18

    The Modern Boardroom Playbook with Jonathan Foster

    In this episode of On Boards, Jonathan Foster joins hosts Joe Ayoub and Raza Shaikh to discuss what makes a board effective in today's evolving governance landscape. Jonathan is the founder and managing partner of Current Capitals Partners.  Drawing from his experience serving on more than 50 boards, Jonathan's book, On Board: The Modern Playbook for Corporate Governance, shares lessons on board evaluations, activist thinking, shareholder accountability, and why the best directors listen first.  The conversation also explores how boards should approach CEO activism, director offboarding, and the growing influence of AI. Foster argues that directors must actively educate themselves on emerging technologies while maintaining focus on thoughtful decision-making and long-term value creation. Key takeaways Effective directors prioritize listening Strong directors listen before speaking in order to understand the dynamics of the boardroom. Asking thoughtful questions is  more effective than dominating a discussion Credibility is built through observation, preparation, and collaboration – but saying what you think.  Governance history shapes modern board responsibilities Landmark governance cases provide the foundation for today's fiduciary standards Understanding the origins of duty of care and duty of loyalty helps directors make better decisions  Governance principles become more meaningful when directors understand the stories behind them Honest evaluations are critical to strong boards Boards should directly address underperformance rather than avoid difficult conversations Annual evaluations are more valuable than arbitrary term limits If a director is not improving, there should be a respectful and honest process to offboard them  Boards should proactively think like activists Directors should regularly evaluate the company from an outside shareholder perspective Boards can identify strategic weaknesses earlier by considering activist viewpoints internally Jonathan emphasizes balancing short-term pressure with long-term shareholder value creation AI oversight begins with education Directors must actively learn about AI before they can effectively oversee it AI should support board preparation, not replace board judgment and be used in discussions Boards should focus on AI strategy, ethics, governance, and implementation questions Quotes " If you think you're the smartest person in the room, you're probably wrong. But even if you are, every director has just one vote, so you need to develop a consensus to get things done.  " My objective is to not say anything for the first two meetings. I'm just listening; you learn a lot and gain  credibility by just listening first." " I try to make every decision I make as a director, as if my family had 100% of its money in that one company's stock." " I don't want AI in the boardroom — yet. A boardroom is a  place to consider and have conversations and make decisions, not be overwhelmed by data." Links On Board: The Modern Playbook for Corporate Governance jonathanffoster.com Guest Bio Jonathan F. Foster is the founder and a managing director of Current Capital Partners LLC, a mergers and acquisitions advisory, corporate management services and private equity investing firm. Jon spent a decade at Lazard, primarily focused on mergers and acquisitions advisory work, ultimately as a managing director. He has been on more than 50 boards, including Fortune 500 companies, private companies and companies involved in restructurings. Foster has served as chair, lead director and on the three major board committees as well as special, transaction and CEO succession committees. He has been chair of two Fortune 500 Audit committees. He has also been an expert witness in corporate litigation for some 60 cases. With decades of experience, Foster has written, spoken and been quoted frequently about governance and finance topics and has guest lectured at various universities. Jon lives in New York City with his wife and goldendoodle; he has two adult children.

  5. May 5

    Board Matchmaker: Building Global Networks with Mark Hamill

    In this episode, Joe Ayoub and Raza Shaikh welcome Mark Hamill, CEO of The Naked Headhunter and co-founder of the Virtual Advisory Board (VAB).  Mark shares the origin story of VAB from its start during the COVID-19 pandemic and how it scaled into a global network of over 1,300 members spanning 4,000 boards. The conversation dives into the power of peer-to-peer networks, the mechanics of building effective boards, and the tangible ROI that strong boards can deliver. They also unpack the realities of board recruitment, what it takes to land a first board seat, and why clarity of expertise and network strength are more important than ever. Mark offers a grounded perspective on the future of board service, emphasizing experience, diversity of thought, and the growing demand for board members who have "walked the walk." Key takeaways Boards deliver outsized ROI when done right Board investment is relatively small compared to impact Experienced board members accelerate growth, decision making and access A small, structured board can shift a company's trajectory by turning big picture ambitions into executable strategy Your first board seat is almost always the hardest to secure Most board roles come through networks, not formal channels Once you secure your first board seat, credibility compounds quickly and future opportunities will tend to follow Mark highlights the importance of understanding yourself and your unique leadership experiences before connecting with networks Community and peer learning drive board success The Virtual Advisory Board thrives on member led engagement and shared experiences The group creates a trustworthy environment for honest conversions where leaders can discuss difficult and high pressure decisions  Members bring live challenges and get immediate input from peers who've faced similar situations Board composition is about complementary experience Strong boards blend industry expertise, scaling experience, and global perspective Diversity of experience leads to better outcomes The most effective boards are intentionally built around the company's specific stage and challenges, rather than prestige or status Quotes: "The strength of your network really becomes 80% of the reason how your next role will be sourced." "We're (VAB) not going to tell you what to do, but we can certainly share experiences of how other people have dealt with it." " Where you are in your board journey, there'll be different tracks internally that you can kind of take depending on where you are in your voyage." Links The Naked Headhunter Virtual Advisory Board Bio Mark is the CEO and founder of Naked Headhunter and has been involved in executive search since 1999. During his career he has placed over 500 executives and he works across all practice groups. Mark began his career at Heineken; serving the company in a variety of commercial roles both in Ireland and in Central Europe. In 1999, he himself was "headhunted" for a job in the executive search sector and has never looked back.

  6. Apr 15

    Curiosity, AI, and the Future of the Boardroom with Rod Adkins

    In this episode of On Boards, hosts Joe Ayoub and Raza Shaikh speak with Rod Adkins, board chairman, former IBM executive, and author of Curiosity Redefines the Limits. Rod shares insights from nearly 25 years of board experience, focusing on how directors can effectively oversee risk in an era of rapid technological disruption. The conversation explores how boards are evolving their governance structures to address increasingly complex risks tied to technology, cybersecurity, and artificial intelligence.  Rod explains why traditional audit committees are often no longer sufficient on their own and, as a result, many organizations are forming dedicated risk and technology committees to better manage forward-looking challenges. A major focus of the discussion is AI as a transformative opportunity and a significant threat. Rod frames the present day as a new innovation cycle, emphasizing that boards must strike a careful balance between leveraging AI for competitive advantage and defending against AI-enabled risks.  Key Takeaways Governance must always adapt to technology and rises Boards are moving beyond audit committees toward dedicated risk oversight teams to better address cybersecurity, infrastructure and innovation. Effective governance requires a forward mindset and close alignment with management on navigating change AI requires a balance of opportunity and protection AI can drive efficiency, innovation, and competitive advantage, but also introduces risks like cyber threats and trust challenges Boards must ensure organizations are both leveraging AI and protecting against its misuse "AI vs. AI" As threats become more sophisticated, companies must use AI-powered defenses to protect systems and data Maintaining trust and security will be a core board-level responsibility Curiosity drives better leadership  The best directors ask thoughtful, strategic questions, curiosity helps leaders anticipate change, challenge assumptions, and improve decision-making Quotes  "We're just at the beginning, and we're almost out of breath already in terms of how fast [AI] is moving and how much we see in terms of capabilities and disruption."  "People that adapt to unknown situations and who productively challenge the status quo, have a curiosity or a competitive advantage for them in life and in their careers" "You don't always have to have the answer, but you need to figure out how to ask the right set of questions." Links https://rodneyadkins.com/book/ Curiosity Redefines the Limits: Advantages Gained from Life, the Workplace, and the Boardroom Forbes articles Guest Bio Rodney Adkins (Rod) has been Chairman of Avnet, Inc., one of the world's largest distributors of electronic components and technology solutions, since 2018. He is also the author of Curiosity Redefines the Limits, a leadership book that explores how curiosity can serve as a powerful competitive advantage in driving innovation, leadership effectiveness, and career growth.  In addition, he is a Partner at 3RAM Group LLC, a privately held company specializing in capital investments, business consulting, and property management. Previously, Mr. Adkins was Senior Vice President of IBM, serving in that position from 2007 until 2014. Over his 33-year career with IBM, Mr. Adkins has held several operational and executive management roles spanning strategy, technology, systems, and supply chain. Mr. Adkins' work has spanned the world of technology and computing. He has been a leading innovator in solutions ranging from mobile devices to the world's largest supercomputers. His significant contributions include helping to advance the Personal Computer industry, leading IBM's POWER business to become the market leader in the UNIX market, and pioneering what became IBM's portfolio of Internet of Things (IoT) solutions. Mr. Adkins was inducted into the National Academy of Engineering (NAE) in 2005, one of the highest honors in the engineering profession. His life story is archived in Wikipedia and The History Makers. He was inducted into the Miami Jackson High School Hall of Fame in 2018, the Miami Dade County Public Schools Alumni Hall of Fame in 2022, and the Georgia Tech Engineering Hall of Fame in 2024. The Wall Street Journal named Mr. Adkins among the top 100 most influential and effective corporate directors in 2025. He has been awarded honorary doctoral degrees from Georgia Tech and the University of Maryland Baltimore County (UMBC). Mr. Adkins serves on the board of directors for United Parcel Service (UPS), WW Grainger, and Avnet. He is a member of the Executive Leadership Council (ELC) and a trustee of the Georgia Institute of Technology (Georgia Tech) and Rollins College. Mr. Adkins also serves on the Adrienne Arsht Center Trust Board, the Overtown Youth Center (OYC) Board, and the Community-Police Relations Foundation Board.

  7. Apr 3

    Bringing Good Governance Home: Inside Co-op and Condo Boardrooms with Tina Larsson

    In this episode of On Boards, hosts Joe Ayoub and Raza Shaikh speak with Tina Larsson, a former Wall Street analyst, co-founder of The Folsom Group, and author of Living The High Life. Tina works with co-op, condo, and other HOA boards to improve governance to reduce costs, manage major building projects and oversee their shared residence effectively.   Tina shares how she and her husband became involved in board governance after discovering that their New York City co-op board was poorly managed and incurring significant unnecessary expenses. After organizing their co-op neighbors and electing a new board majority, they introduced stronger governance practices to their board and saved their building substantial money in very short order. The conversation explores the governance challenges faced by residential boards, which are usually run by volunteers responsible for complex decisions. Tina shares how boards can improve oversight, manage projects more effectively and shift from reactive decision-making to a more proactive approach to governing their communities. Key takeaways Residential boards face complex governance responsibilities Volunteer board members are responsible for major operational decisions involving buildings, infrastructure, vendors, and regulation Many board members take on these responsibilities without formal training or governance guidance  Financial oversight can reveal significant opportunities for savings Benchmarking operating expenses against comparable buildings can uncover areas of overspending Strategic vendor negotiations and cost reviews can reduce operating expenses by 5–10% in many buildings Effective governance requires proactive decision-making Boards that operate reactively often wait until problems become emergencies before acting Long-term planning helps communities address repairs, projects and maintenance before they become crises Establish clear roles and leveraging community engagement Governance improves when boards focus on oversight and strategy rather than trying to manage every operational detail  Residents who want change must often participate directly by joining the board Building relationships with neighbors and encouraging qualified owners to run for board positions improves decision-making "Living the High Life" Tina's book is a guide and blueprint on how to get involved in the governance of your co-op, and condos or HOA board and how to be an effective board member Quotes " The only way that you can get a say in your community is by running for the board and it talks about skills; good skills, best skills, the elevator skills, and what you are passionate about." "[An HOA, co-op, or condo board] is acting as a miniature government. They are governing the community." "If you are on the board of a residential building… you have to try to manage being on the board and at the same time, you have to handle all shareholders' or owners' concerns." " The only effective way to have a say in your living community is by being on the board." Links The Folson Group Living the High Life: How Smart Co-op and Condo Owners Protect Themselves and Their Investment Guest Bio Tina Larsson and her husband helped her own co-op save substantial money through good governance, after which they formed The Folson Group. They support NYC co-op and condo boards with strategic advice, project management, cost reduction, and help them find a property manager that fits their needs. She is the author of Living the High Life, frequent podcast guest and speaker, and holds a LEED Green Associate designation. Tina is on a mission to educate and support NYC condo and co-op boards to help optimize their living community.

  8. Mar 19

    Multi-generational family businesses with David Karofsky

    In this episode of On Boards, hosts Joe Ayoub and Raza Shaikh welcome David Karofsky, a principal consultant with The Family Business Consulting Group and co-author of So, you're in the Family Business: A Guide to Sustainability. David brings both professional expertise and personal experience to the discussion, having grown up in a multi-generational family business and later building a family business consulting practice alongside his father. Most recently, his son Adam has also joined David in his consulting practice. He shares how family businesses operate at the unique intersection of family relationships and corporate governance, where emotional dynamics and business strategy often collide. The conversation explores the evolving role of governance in family-owned companies, including how boards can help manage succession, create accountability, and ensure long-term sustainability across generations.  David also discusses why many family businesses resist formal governance structures and how independent board members can help families navigate complex decisions while maintaining healthy relationships. Key Takeaways Family businesses operate at the intersection of family and business Each system has its own dynamics, and when combined they can create strong alignment and/or significant conflict. Successful family businesses learn to balance emotional family relationships with professional business decision-making. Understanding roles is critical to effective communication Family members may simultaneously act as owners, executives or board members. Recognizing which "hat" someone is wearing during a conversation helps keep discussions productive and focused. Governance becomes more important as businesses move across generations As ownership expands from founders to siblings and eventually cousins, decision-making becomes more complex. Formal governance structures help maintain alignment and clarity as the number of stakeholders grows. Independent boards can strengthen family businesses Independent board members can provide strategic, objective perspectives and expertise that may not exist within the family. A strong board supports management while also representing the interests of the family shareholders. Communication is the foundation for long-term success Families must be willing to have open and sometimes uncomfortable conversations about strategy, succession, and expectations. Strong communication allows family businesses to navigate complexity and sustain the business across generations. Quotes "Ownership doesn't constitute a board seat. That goes back to 'what are the needs of the business' and let's make sure we have the right people in the room." Regarding a family member serving on the board of a family-owned business: "You have to be able to be comfortable being uncomfortable." "You've got to really find true independents that aren't going to be yes men or women to the CEO or chairman of the board." Regarding the resistance to a board of directors: "The biggest opposition or fear that I have heard… is the fear of loss of control." Links The Family Business Consulting Group Boards and Family Business: What Could Go Wrong? Family Business Health check Book - So, You're in the Family Business: A Guide to Sustainability Guest bio David Karofsky is a principal consultant with The Family Business Consulting Group, specializing in advising family businesses about the challenges and opportunities inherent to the family business. His client work is focused on building alignment around communication, executing the transition of ownership and leadership, conflict resolution, strategic planning, and forming governance structures for family businesses. His interest in family business consulting began with his course work in family business dynamics at the Cambridge Center for Creative Enterprise. David's work helping corporate executives develop superior listening and communication skills was honed by his professional training in executive team building, strategic decision making, effective communication, managing people, matrix management, and performance enhancement. Prior to working with FBCG, David worked in his own family business consulting practice with his father for eight years. The father-son team are the authors of So You're in the Family Business: A Guide to Sustainability. In addition, David was vice president of marketing for a software start-up where he helped launch the company and raise over $10 million in funding. David also worked at EMC Corporation for eight years holding various corporate roles including managing operations for worldwide marketing. The recipient of multiple achievement awards, David has been a guest speaker internationally and is a mentor to current and former MBA students at Northeastern University's Graduate School of Business and serves on the Marketing Career Track Advisory Board. He is a founding member and former chair of the Boston chapter of the Young Presidents' Organization's Young Adult Forum, member of the Family Firm Institute where he holds certificates in Family Wealth and Advanced Family Business Advising with Fellow status, member of the Board of Directors of the Rogers Foam Corporation and a former member of the Executive Board of Directors for the Men's Associates at Hebrew Senior Life.

5
out of 5
18 Ratings

About

A company's Board of Directors or Advisors often has a pivotal role in the success or failure of a business, whether a company or organization lives or dies - - and whether the people who have invested time, money and emotional capital will succeed. On Boards Podcast: A Deep Dive at Driving Business Success, is about everything related to Boards of Directors and Boards of Advisors. Twice a month, in 30 minutes, hear and learn about all aspects of boards and business governance. 
In each episode co-hosts Raza Shaikh and Joe Ayoub interview a guest who has experience with boards - as a board member, a CEO, an investor or an advisor, among other roles, for a conversation on a wide range of topics including: What makes great boards great? What makes a board unsuccessful? How to be a good board member? How to make your board one of the most valuable assets of your company. They discuss public, private, non-profit and start-ups (which they believe is its own category) boards - the work they do, the impact they have and their potential to be profoundly impactful on the organization they serve. On Boards Podcast is for anyone who is a board member, would like serve on a board, is an owner of a business, a member of a non-profit organization, an investor in a business or is interested in Board of Directors or Boards of Advisors or business governance.

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