Founders’ Council
Strategy · budget · appointment and oversight of the chair
FoundersShared decisions about the company’s future
Founder’s seatReserved for the founderKept available during the launch
CONCORD HOUSE / GOVERNANCE
Build the company.
Hand over operations.
Preserve continuity.
The Founders’ Council sets direction. The executive chair runs daily operations and reports to the Council. The founder’s role changes as the company becomes ready for the handover.
Proposed model
One structure. Two stages.
Switch stages to see how the founder’s role changes.
Council decisionsDirection, authority and budget
Chair’s reportResults, costs and risks
Concord House executive chair
Founder as executive chairAccountable to the Founders’ Council
Team · purchasing · delivery · budget execution
One seat reserved for the founder
In this proposed model, a seat on the Founders’ Council remains reserved for the founder after stepping away from the executive role.
Hand over when the company is ready
The transition depends on launch results, not simply on time elapsed.
Operations are established
The team is in place; purchasing, delivery, accounting and reporting are working.
A successor is ready
The Council selects a hired chair. Authority, budget and ongoing work are handed over.
The handover is complete
The Council reviews the launch results and agrees the founder’s transition to the Council.
Clear responsibilities at every level
Founders’ Council
Sets strategy, approves the budget and major decisions, appoints the chair and reviews performance.
Executive chair
Runs daily operations, leads the team, implements Council decisions and reports on results.
Reporting and oversight
The Council receives purchasing, profit and loss, expense and risk information. Deviations are discussed and recorded.
Before launch, the founders agree how the reserved seat, voting, chair appointments and transfer of authority will work.