I recently attended a board meeting for a company that just IPOed. The Compensation Committee was having its first post-IPO meeting, and not surprisingly, had more questions than answers. These questions ranged from compensation strategy and design to the nuts and bolts of good governance processes. Having assisted a number of companies through IPOs, I’ve learned some lessons about what challenges companies face when transitioning through IPOs and what are the most successful strategies in dealing with these challenges. Here’s my “top ten” list of what I’ve seen works best.