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	<title>Dr. Earl R. Smith II &#187; Governance</title>
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	<link>http://www.dr-smith.info</link>
	<description>Turnaround Management, Senior Adviser, Board Member, Executive Coach, Author, Speaker, Radio &#38; TV Guest &#38; Panel Member</description>
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		<title>Protecting Investor Interests: Quick Assessment, the Short List</title>
		<link>http://www.dr-smith.info/protecting-investor-interests-quick-assessment-the-short-list/</link>
		<comments>http://www.dr-smith.info/protecting-investor-interests-quick-assessment-the-short-list/#comments</comments>
		<pubDate>Sat, 05 Dec 2009 16:14:54 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Advisory]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Turnaround Management]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=4823</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
I am sometimes asked by investors to ‘parachute’ into a company and give them a quick assessment of conditions and possibilities. Most of the time, the company has been under-performing. Frequently the money that the investors provided has been spent and they are facing the need for follow-on funding. The investors [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Conflict that Keeps on Giving</title>
		<link>http://www.dr-smith.info/the-conflict-that-keeps-on-giving/</link>
		<comments>http://www.dr-smith.info/the-conflict-that-keeps-on-giving/#comments</comments>
		<pubDate>Tue, 28 Apr 2009 16:32:56 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2972</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
A confusion of roles can cause much friction in a senior team. It is important to know who is responsible for what and that they will be held accountable. Disorganization is bad enough but when that confusion reduces the ability of the team to cover the range of important governance functions [...]]]></description>
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		<slash:comments>41</slash:comments>
		</item>
		<item>
		<title>The CEO involvement in the Succession Process</title>
		<link>http://www.dr-smith.info/the-ceo-involvement-in-the-succession-process/</link>
		<comments>http://www.dr-smith.info/the-ceo-involvement-in-the-succession-process/#comments</comments>
		<pubDate>Mon, 19 Jan 2009 16:53:28 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2717</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
CEO involvement in succession planning is a delicate dance. Too much and the process clogs up &#8211; too little and it can go seriously astray.
~~~~~~~~~~~~~~~~~~~~
Professional corporate governance demands the organization have a succession plan in place. It must allow for an orderly transition of power and authority. The plan must anticipate [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Good Governance &#8211; Talent and Compensation</title>
		<link>http://www.dr-smith.info/good-governance-talent-and-compensation/</link>
		<comments>http://www.dr-smith.info/good-governance-talent-and-compensation/#comments</comments>
		<pubDate>Mon, 12 Jan 2009 18:08:46 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2699</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
Good talent is always hard to find. Good board members are getting much harder to find and recruit for two reasons. First, there are fewer of them around. Second, the risks of serving haev become much more substantial lately.
~~~~~~~~~~~~~~~~~~~~
Talent and leadership are commodities and as such react to the pressures of [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Corporate Insurance &#8211; no one policy covers everything</title>
		<link>http://www.dr-smith.info/corporate-insurance-no-one-policy-covers-everything/</link>
		<comments>http://www.dr-smith.info/corporate-insurance-no-one-policy-covers-everything/#comments</comments>
		<pubDate>Sun, 11 Jan 2009 01:32:17 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2688</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
Corporate insurance is much more important these days. Adequately covering directors and officers is much harder and more expensive. The risks and liabilities are much better defined &#8211; but also much more severe. Investors need to make sure that the right coverage at the right price is firmly in place.
~~~~~~~~~~~~~~~~~~~~
The board [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Recruiting Successful Board Members</title>
		<link>http://www.dr-smith.info/recruiting-successful-board-members/</link>
		<comments>http://www.dr-smith.info/recruiting-successful-board-members/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 20:18:01 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2679</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
The right board members can insure that the board functions at a high level and covers its fiduciary responsibility to the shareholders. But getting the right members is far harder than it might seem.
~~~~~~~~~~~~~~~~~~~~
Adjusting the composition of an existing board often proves to be a more challenging engagement than the construction [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Business Insurance as a Part of Risk Mitigation</title>
		<link>http://www.dr-smith.info/business-insurance-as-a-part-of-risk-mitigation/</link>
		<comments>http://www.dr-smith.info/business-insurance-as-a-part-of-risk-mitigation/#comments</comments>
		<pubDate>Thu, 08 Jan 2009 19:55:45 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2669</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
Investors and shareholders need to make sure that major business risks are covered. Failure to do so can result in major losses.
~~~~~~~~~~~~~~~~~~~~
Business risk too often is defined very narrowly and only in the context of the business plan and establishing credit. Business risk is much broader extending to probable material effects [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Board Governance &#8211; Searching for Leadership</title>
		<link>http://www.dr-smith.info/board-governance-searching-for-leadership/</link>
		<comments>http://www.dr-smith.info/board-governance-searching-for-leadership/#comments</comments>
		<pubDate>Sat, 03 Jan 2009 17:31:21 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2661</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
My work with boards &#8211; both for-profit and non-profit &#8211; often involves an assessment of a search for new leadership. Strong, focused leadership is an essential part of any organizational success. This is as true for boards of directors as it is for senior management teams.
If a task is to be [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Director Liability and Insurance Claims</title>
		<link>http://www.dr-smith.info/director-liability-and-insurance-claims/</link>
		<comments>http://www.dr-smith.info/director-liability-and-insurance-claims/#comments</comments>
		<pubDate>Fri, 02 Jan 2009 20:37:32 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2656</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
General liability insurance coverage will not cover claims for errors and omission and neither general liability nor errors and omission policies will cover mismanagement or director misconduct. Businesses operating without any one of these types of policies are seriously under insured. Boards of directors should provide errors and omission policies as [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Boards, Leadership, Governance and Risk</title>
		<link>http://www.dr-smith.info/boards-leadership-governance-and-risk/</link>
		<comments>http://www.dr-smith.info/boards-leadership-governance-and-risk/#comments</comments>
		<pubDate>Thu, 01 Jan 2009 19:28:28 +0000</pubDate>
		<dc:creator>Dr. Earl R. Smith II</dc:creator>
				<category><![CDATA[Governance]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[advisory board]]></category>
		<category><![CDATA[board of directors]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[Executive Coaching]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[leadership assessment]]></category>
		<category><![CDATA[leadership coaching]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[leadership styles]]></category>
		<category><![CDATA[Life Coaching]]></category>
		<category><![CDATA[management assessment]]></category>
		<category><![CDATA[non-profit]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[Personal Growth]]></category>
		<category><![CDATA[spirituality]]></category>
		<category><![CDATA[turnaround]]></category>
		<category><![CDATA[Turnaround Management]]></category>

		<guid isPermaLink="false">http://www.dr-smith.info/?p=2632</guid>
		<description><![CDATA[Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
Leadership is a critical factor in the functioning of a well-organized board of directors. Every board (organization) should strive to diversify the composition and have overlapping layers of expertise to call upon in any given situation. Good governance stresses the need for each director to attend seminars to enhance their leadership [...]]]></description>
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		<slash:comments>0</slash:comments>
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