The 9 Hats of an Entrepreneur – Chairman
by Bruce Wade on 19/04/10 at 8:00 am
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I was recently appointed to a management board of a Non Profit Organisation and duly elected Chairman. It has become an interesting journey finding my place as Chairman of a board of an organisation that I do not work in on a daily basis. What is the role of a chairman? What do the other board members and the staff expect of me? And how do I get along with the CEO?
The Chairman’s hat is a large and often heavy one to wear. It is woven with responsibility and procedure and can often bring about long discussions and uncomfortable decision making. Any organisation from the smallest to the multi-national needs someone to play the chairman role and wear the hat. Not having a chairman is like going on holiday without a map. May be fun and exciting for a while but soon you will be lost and have no sense of direction.
In my experience it is always good to get the Entrepreneur and Chairman hats to chat at length to discover the possibilities or opportunities of the business before you bring in the Manager and Share Holder. This allows for expansion before fear sets in. If you do not have a Chairman in your business then take it upon yourself to wear the hat or hire a consultant or coach to wear it for you.
Next week we continue with the Director hat.
Bruce Wade is a survivor of the corporate and NGO world, author, speaker, business owner and entrepreneur, Bruce now runs the Entrepreneur Incubator; a member based organisation dedicated to serving those in the trenches of business through coaching, mentoring and leadership education. View more articles by Bruce Wade.
Tags: 9 Hats of an Entrepreneur, entrepreneur
