Non Executive Director Service...
In the last year to 18 months we have been asked to act as a non-executive director for a number of our clients.
"Non-executive director?" we hear you say. "Isn’t that the preserve of big business? Don’t you need to be quoted on a recognised stock exchange in order to appoint a non-executive? No thanks. We’re not big enough."
Maybe that was the case 15 or 20 years ago but no longer now.
It is now all too easy as a Managing Director or CEO, (who is more often than not also the major shareholder), of a rapidly growing private company to become totally immersed in day to day operations.
This makes it:
1 difficult for the CEO to be able to plan future company strategy,
2 difficult for him or her to deal objectively with staff problems,
3 difficult to keep an eye on relevant developments in legislation, general business practice and funding options.
4 and, most importantly, often a CEO has nobody to talk through the pro’s and con’s of an important decision that he or she has to make affecting the business.
A non-executive director can make a crucial difference in all of the above scenarios.
Non-executives don’t have to be expensive, so long as they are used wisely and in a structured manner. We undertake non-executive assignments ranging from half a day a month to four days a month (with same-day availability of required.)
If you are interested in discussing our non-executive director’s services in more detail please contact us today.
Email enquiries@turningcirclesolutions.com
