Newport Board Group, a CEO Advisory Firm Serving the Middle Market, Releases Guidance on the Changin

Adding an Outside Board Member to a Board Provides a New Perspective for Growing Companies San Francisco, CA (PRWEB) October 15, 2014 Middle-market companies often operate as small fiefdoms under the control of the king, or to use a business term, the CEO. Very few mid-sized companies have a formal board of directors and for those that do have boards, CEOs tend to populate them with family, friends, and internal management. The theory is that board members do not know the business of the company, cost too much, and often do not provide value. In some cases, those conclusions are often true
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