WHO WE WORK WITH · OWNERS & BOARDS
You are responsible for what the company becomes. You cannot see every part of how it runs, up close.
As its owner or on its board, you decide where the company is going and you answer for what it becomes. FEC finds out whether the company and its managers are strong enough to deliver what you want for it. Where the company agrees, FEC works with it to change and build what it needs.
FROM WHERE YOU SIT
What you can see from where you sit, and what the next stage depends on.
- Reports are made to help you decide. They cannot show every part of how the company runs.
- It is easier to report progress on today's plan than to show whether the company is ready for the next stage.
- Growing, handing over to the next leaders, and other big moves all depend on whether the company can handle them.
What reaches the board is not the same as what the company has to carry.
Switch between what is reported and what the next stage asks the company to carry.
THE BOARD
- WHERE THINGS STAND
- PLANS
- KNOWN RISKS
THE COMPANY
- Decisions that wait in line for a few people
- Systems built for a smaller company
- Work that depends on what people remember, not on systems
- Managers stretched between running today and preparing the next stage
WHEN TO BRING FEC IN
- Before major growth or a large commitment.
- Before handing over to the next leaders, or any change in who leads the company.
- When the company still depends too much on the founder or a few people.
- When people assume the company is ready, but nobody has checked.
How FEC fits around your authority
STAYS WITH YOU
- Ownership, where the company is going, and the final decision.
- Who leads the company, and how its managers are watched over.
- Board authority and the company's legal duties.
THE AGREED WORK CAN INCLUDE
- OPERATING JUDGMENT
- Whether the company and its managers can deliver what you want for it.
- AGREED CHANGES
- Changes the next stage requires in how the company runs.
- AGREED BUILDS
- What the next stage needs and the company does not yet have, so less rests on a few people.
- CHECK AND KEEP WATCHING
- Whether what was changed and built keeps working, reported so you can watch over it.
COMPANY AUTHORITYThe company keeps the final decision and stays in charge from start to finish.
Bring us the plan.
Tell us what the company is trying to do next.