Notes from the boardroom.

Investment

5 min read

Family office investment: make liquidity explicit

A shared ambition is not a shared investment horizon. I look at the liquidity, funding and decision rights founders and family offices should settle before committing capital.

Leadership

5 min read

Board independence when ownership is concentrated

An independent director cannot compensate for a board that is unable to challenge its controlling shareholder. The chair must make independent judgement possible in practice.

Negotiations

8 min read

The room, the paper and the pause

Three under-used levers in high-stakes commercial negotiation, drawn from twenty-five years across the table.