10 Predictions for 2023: No. 5 - A Coming Wave of Corporate Scandals
jamaalglenn.substack.com
A historically large number of private companies, poor and outdated governance structures, and the first prolonged recession in more than a decade will reveal widespread corporate malfeasance in 2023.
I find the balance of having “adults in the room” for private growth companies to be interesting. It’s important to have a board who has been there before, but that demographic has historically been very old, very white, and very male.
There’s a ton of work to do before that demographic naturally becomes more diverse, but there’s never been an excuse for having people unfamiliar with your industry on your board.
I find the balance of having “adults in the room” for private growth companies to be interesting. It’s important to have a board who has been there before, but that demographic has historically been very old, very white, and very male.
There’s a ton of work to do before that demographic naturally becomes more diverse, but there’s never been an excuse for having people unfamiliar with your industry on your board.