Options for Sourcing the JV Board Chair
Variety of methods successfully used to identify and select a new JV Board Chair.
James Bamford is a Senior Advisor at Ankura based in Washington, DC. He joined Ankura with the firm’s 2020 acquisition of Water Street Partners, which he co-founded in 2008. Water Street Partners has been independently ranked as the number one global advisor on joint ventures since 2017. Prior to Water Street, he was global co-lead of the Joint Venture & Alliance Practice at McKinsey & Company.
View Full ProfileVariety of methods successfully used to identify and select a new JV Board Chair.
Process and integrated checklist for incoming and existing JV CEOs to better assess their authorities.
Example of a dashboard that highlights how a 50/50 oil and gas JV tracks performance.
Like those running any business, executives setting up or operating JVs need to establish performance metrics and targets, cascade them into plans, scorecards, sub-scorecards, and individual incentives – and then vigorously track delivery against these commitments. Just getting all parties aligned is often a demanding exercise.
Tools and examples of how to use subject matter experts to provide needed expertise to a venture.
Basic outline of key regulations impacting joint ventures and involving foreign investors in China.
Descriptions and comparisons of alternative approaches for screening JV CEOs for soft skills.
The purpose of this checklist is to provide a starting point for exploration teams working on a potential new JV or alliance.