JV Alchemist Editorial Team

Key steps and activities in a JV partner screening process, classic traps in partner screening, and how to avoid them.

Part of the Executive Compensation Practices Series.

How to decide if a JV needs an independent Director, and, if so, key considerations in adopting.

Choosing the right operating model. Why companies need to develop an Operating Model Blueprint before deal close. Keeping the shareholders, Board, and management aligned across the JV’s life.

The governance practices closely linked to strong operational and financial performance at 21 large, asset-intensive JVs.

The purpose of this memo is to explain when independent directors make sense, to provide an overview of different independent director types, and to outline the practical choices related to selection, term, compensation, and role definition that companies face when bringing an independent director onto a JV Board.

A better way to manage partner differences.

The purpose of this memo is to put the JV Director role in context and to illustrate key elements of a self-assessment tool we’ve developed.

When JV Board and CEO powers are not defined beyond traditional statutory powers, a perfectly good joint venture can start to unravel.