About seven years ago, I wrote about a friend who incorporated the company he founded in order to gain the assistance of a board to help him expand operations, only to find that they were moving to contract the operations to a place where the organization was doing less than when he was running it alone.
Now he is mainly employed by another company altogether (happily, exercising his artistic talents) and the company he founded is largely inactive. I have a somewhat better sense now than I did when I wrote the entry what the causes of this situation were.
I wondered though if anyone else had come across a similar situation where an organization ended up worse off soon after the addition of a board. Did you have a sense of what the causes were? How can that be avoided in the future?
