Conflicts of interest are inherent to JVs – and fundamentally different from those of listed companies. Unmanaged conflicts of interest drive down Board effectiveness and the prospects of venture growth. Successfully dealing with conflicts of interest requires business as well as legal approaches.
Good governance matters to joint ventures – and joint ventures matter to
many public companies and, therefore, to their public shareowners like CalPERS.
Two executives offer a picture of what an appropriate, well-developed control and governance system looks like, and the benefits it delivers at The Dow Chemical Company.
The purpose of this memo is to explain why the HR Committee is so important in JVs, how its role is fundamentally different from – and broader than – HR Committees in public companies and what enables an effective execution of this role.
The unique role of the HR Committee in a JV, and how to enable the committee to effectively execute its role.
This note explores why growth strategy is so difficult in multi-owner ventures – and offers six simple strategies to ensure that your organization doesn’t experience the fate of so many: a long, slow death.
Using JVs to drive financial objectives in the current economic environment.
Key challenges for multi-owner JVs and how to address them.
