January 12, 2026

8 Questions to Ask to Decide Whether Your Family Office Would Benefit from Interim, Long Term Fractional, or Outsourced Leadership

8 Questions to Ask to Decide Whether Your Family Office Would Benefit from Interim, Long Term Fractional, or Outsourced Leadership

When families begin to question whether their office is operating as effectively as it should, the challenge is rarely a lack of commitment — it’s a lack of perspective. The eight questions below are designed to prompt an objective review of leadership effectiveness, cost alignment, and governance clarity, and to help determine whether temporary leadership support could be valuable without forcing permanent decisions.

1. Are rising family office costs clearly tied to measurable value?

 If operating expenses have increased but performance, transparency, or peace of mind have not improved proportionally, it may be time for an objective operational review by an interim executive. The right ongoing answer might be a fractional executive so you can get all of the firepower of an experienced leader at far lower cost.

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January 7, 2026

Using AI Without Exposing Your Crown Jewels: A Practical Guide for C-Suite Leaders

Using AI Without Exposing Your Crown Jewels: A Practical Guide for C-Suite Leaders

Artificial intelligence has moved from “interesting experiment” to “board-level priority” with remarkable speed. Most CEOs and executive teams now believe AI can materially improve efficiency, decision-making, and growth. At the same time, many share a quieter concern:

How do we use AI safely so we don’t put our most sensitive data, IP, and competitive advantage at risk?

The good news is that companies can unlock real value from AI without putting proprietary information at risk — and they can do so without rushing into a costly, permanent hire before they’re ready.

Here’s how.

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July 28, 2025

Boards Must Lead on Technology Oversight: From Risk to Strategic Growth

Boards Must Lead on Technology Oversight: From Risk to Strategic Growth

In an age of AI disruption, ransomware attacks, and cloud dependency, boards of directors face a new kind of fiduciary responsibility: ensuring that technology risk is understood, governed, and turned into competitive advantage.

Without active board engagement, companies risk falling behind—or worse, facing catastrophic loss. But when boards get technology right, it opens the door to innovation, security, and sustained value creation.

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June 30, 2025

When and How to Divest: A Guide to Strategic Spin-Offs and Carve-Outs

When and How to Divest: A Guide to Strategic Spin-Offs and Carve-Outs

The strategic playbook of most companies focuses on growth through mergers and acquisitions. But that focus on M&A deals overlooks one of the most powerful tools in their arsenal: a clear, proactive divestiture strategy. The strategic shedding of underperforming assets can be a robust engine for value creation and an essential component of dynamic portfolio management for boards, C-suite executives, and private equity funds.

“While there’s plenty of evidence to suggest divestitures can create more value for shareholders than acquisitions, only about 30% of S&P 500 firms engage in them annually,” says Emilie Feldman, professor of management at Wharton and author of Divestitures: Creating Value Through Strategy, Structure, and Implementation.

This underutilization, she posits, is partly due to a psychological bias: “M&A is associated with positive terms like ‘growth’ and ‘opportunity,’ while divestitures are linked to negative terms like ‘failing’ and ‘lagging.'”

Overcoming this misperception is critical to unlocking substantial enterprise value.

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September 17, 2024

How to Build a Better Board of Directors in 4 Easy Steps

How to Build a Better Board of Directors in 4 Easy Steps

“A world of no surprises.” That is the lofty goal of private equity investors Eli Boufis and Steve Thompson when they take on a new company. It involves open communication with the CEO – including reminders of how much money they can make if the acquisition succeeds – and a plan to build a better board of directors.

Building a better board of directors is a four-part process:

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September 5, 2024

The Low-Hanging Fruit for Fixing a Poorly Performing Board of Directors

The Low-Hanging Fruit for Fixing a Poorly Performing Board of Directors

Much has been written about board governance best practices. Much less information is available to help you figure out how to fix a board that isn’t delivering peak performance.

InterimExecs CEO Robert Jordan interviewed two experienced private equity investors, Eli Boufis and Steve Thompson, to talk about how to build a better board of directors.

To start, they believe board composition should include independent directors — people who are employed neither by the company nor by the private equity fund — to ensure effective governance. But, they noted, there are six ways independent board members come up short on corporate governance.

Helping them improve on these six issues is the “low-hanging fruit” of improving board effectiveness, they say.

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July 24, 2024

When it Comes to Sarbanes-Oxley Compliance: Will You Choose a Babysitter or a Change Agent?

When it Comes to Sarbanes-Oxley Compliance: Will You Choose a Babysitter or a Change Agent?

You’re on a public company board and the phone rings at midnight and it’s not good news: Your CEO or CFO has passed away. The next morning, the board convenes in emergency session. There’s only one subject beyond condolences for the tragic passing: Who is going to step into the interim CEO or CFO role?

Will you choose a placeholder from among your board, or will you choose to do something more proactive?

Let’s dive into the options.

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April 26, 2024

Private Company Governance: Why You Need a Strong Board of Directors

Private Company Governance: Why You Need a Strong Board of Directors

Bruce Werner has a blunt message for company owners. “Owners are leaving money on the table. They’re not getting full value from their boards,” he says. “We can improve the outcomes in your business, make your life a little better, and take risk out of the business by having a board do what it ought to. And it doesn’t take that much more effort. You just have to ask a few important questions.”

Werner came up in the family business, a $500 million company that made ladders until it was sold in a leveraged buyout in the mid-90s. After the sale, Werner started, grew, and sold four companies, was a partner in a private equity fund, and served on more than 10 boards, mostly for family-owned firms.

He’s distilled all of that experience into two books, Your Ownership Journey: 12 Secrets for Personal and Business Success, which published in 2022, and Navigating Private Company Governance: The Savvy Business Owner’s Guide to Developing an Effective Board, which published in 2023.

We interviewed him in the wake of the publication of Navigating Private Company Governance and asked him about his advice for business owners wondering whether they need a board of directors for better corporate governance.

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April 12, 2023
Michelle Barnes

What is an Interim Executive Director and Why Would You Want One?

Michelle Barnes | Interim CEO & RED Team Member
What is an Interim Executive Director and Why Would You Want One?

The concept of an Interim Executive Director (ED) isn’t well-known among nonprofit organizations…yet. But, it’s becoming more mainstream and for many good business reasons.

On average, it takes a Board of Directors 9 months to recruit a new Executive Director. By the time they are on-boarded and contributing, a year may have passed since the departure of the prior nonprofit leader.

While nonprofit board members may step up to “mind the gap,” the truth is that stakeholders — employees, partners, and funders — can lose confidence in your organization during this leadership transition and key employees may leave.

Organizing payroll, developing a budget and/or managing human resources may keep the lights on, but without someone filling the executive director role during the transition period, your organization can be harmed and stymied while the Board is focused on the executive search for a new ED.

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March 28, 2023

Firing a CEO: The 4 Questions Every Board Should Ask When the CEO Needs to Go

Firing a CEO: The 4 Questions Every Board Should Ask When the CEO Needs to Go

So you’ve made the decision that a change needs to happen at the CEO level, and heaven knows it’s painful! You rely on the CEO as quarterback of the team. It feels like the chief executive is indispensable. But you signed up for service on the board of directors. You know that while corporate governance is a general and varied responsibility, the shareholders trust the board to choose the right CEO. It is, perhaps, the board’s most important decision.

Of course, you’ll go through a permanent search that will be thorough, even if internally focused.

But what happens if you need to fire the CEO and find a new leader right now? Having a CEO exit with no CEO succession plan in place can create a leadership vacuum. The resulting instability within the organization can cause major issues and harm company performance.

The need for a new Chief Executive Officer, the right Chief Executive Officer, is urgent.

After a CEO dismissal, the first thought for many public companies is to look around the boardroom table to see who’s brave enough to be named interim CEO for Sarbanes Oxley compliance.

But, where’s the guts in just appointing a placeholder to keep the seat warm?

The modern world now presents you with a far more robust choice: a true interim CEO. A veteran executive who’s been there, done that. Who is expert at jumping into companies going through points of change. And who is accountable for action and results.

When considering whether to bring on a placeholder versus a true interim CEO until you can hire and onboard a new permanent CEO, here are the questions to ask at your next board meeting.

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