At what point does power concentration become an issue? It’s a question boards have wrestled with for decades, and one that is becoming increasingly relevant as founder-led companies remain private longer and grow larger than ever before.
In a recent article in The Times of London that examines the potential implications of SpaceX‘s IPO, Steven Lewis, Managing Director of JamesDruryPartners, shared his perspective on the challenges that emerge when leadership, ownership, and oversight become concentrated in a single individual.
Great leaders create extraordinary value. Great governance ensures organizations can challenge assumptions, navigate risk, and remain resilient over time. Steven offered an important perspective on a debate that is likely to shape boardrooms for years to come.
Read the full article here: https://www.thetimes.com/business/companies-markets/article/what-elon-musks-spacex-ipo-says-about-america-today-pd3vq87dg
Article by: Louisa Clarence-Smith, US Business Editor at The Times (London)
