Capital Markets / Investor Relations in Two Minutes or Less
Corporate Governance as the Corporate Ice Hockey Team
#InvestorRelations and #CorporateGovernance represents the ultimate team sport in Corporate America.
The C-Suite, #Legal, and Investor Relations, must continuously work together in order to unlock shareholder value and obtain proxy proposal approvals from investors.
Continuing with the Ice Hockey analogy, the Corporate Governance Team translates:
C-Suite = Forwards
The C-Suite and Forwards for a hockey team typically consist of the Superstars.
Whether you are a forward like Connor Bedard or Connor McDavid, or an accomplished CEO or CFO, you have to be the best in order to obtain and maintain your position. Executives close the impossible deal and drive growth over time.
The problem is that a superstar typically cannot execute and win without the right team or supporting cast, see the Chicago Blackhawks and Connor Bedard.
Legal = Defensemen
While defensemen help prevent shots on goal, the legal department helps prevent catastrophic downside risk for the Company and executives.
In conjunction with the right corporate governance vendors, they work to set up a foundation to help the C-Suite flourish with minimal downside risk to personal and company reputation.
Goalie = Investor Relations
The goalie for any hockey team represents the last line of defense, which often falls on Investor Relations in Corporate America.
Like the best goal tenders, the IRO and IR team, must be able to react quickly and often times make acrobatic saves as if it were normal course of business.
Best-in-class IROs help further minimize downside reputational risk to the C-Suite and Company, while developing clear, concise, and thoughtful investor materials that creates an environment for the C-Suite to flourish with investors.
The Corporate Governance Salary Cap Problem
Often times, hockey teams and corporations try to get by with one or two components of the team outlined above.
Typically, the hockey team or C-Suite will fall short of championship performance without a combination of all three components.
Combining a best-in-class C-Suite with best-in-class Legal, and best-in-class IR typically leads to championship and HOF caliber performance that investors expect, enjoy, and reward.
Incorporating best-in-class Legal and Investor Relations with an HOF C-Suite will always unlock shareholder value!
Fans can see this through the first two games of the Stanley Cup Finals.
Florida continues to benefit from Sergei Bobrovsky’s out-of-this-world goaltending.
Given “Bob’s” performance level, my prognostication is that Florida sweeps Edmonton for the Stanley Cup.
A team with a shutdown goalie, or in Corporate America, a shutdown IRO, will nearly always win championships and unlock shareholder value!
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