Risk oversight at rapidly growing, privately held companies is both an art and a science.
Risk oversight at rapidly growing, privately held companies is both an art and a science. These companies must achieve optimum controls while minimizing the bureaucracy that could thwart the entrepreneurial spirit that nurtured success in the first place. It’s a dynamic that can create tension among directors, senior management, employees, and investors—making it a choice topic for a recent roundtable hosted by the National Association of Corporate Directors (NACD) and KPMG in San Francisco.
This article originally appeared in the January/February 2017 issue of NACD Directorship.