Non-Executive Directors
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Non-Executive Directors |
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More and more small and medium-sized companies are recognising the value of the input that can be provided by an experienced and independent part-time executive. Larger and international companies have been aware of this for some time. Non-executive Directors should not only ensure the integrity of the Board’s operations but provide independence and objectivity. They can provide wise council and a sounding-board for new business initiatives to improve the quality of strategic decision-making. Their extensive knowledge and contacts in the business sector in which the company operates means they can make a very cost-effective contribution to company operations. For instance, even though the non-executive director may be required to attend Board meetings perhaps only a few times a month, it is usual that a Non-executive Director spends a considerable amount of time in addition to these days, maintaining contacts and keeping abreast of developments in the wider business market. We at know (since we have all been Directors ourselves), that most executive directors do not have time for this these days and company performance is probably poorer as a result. Our clients are often very surprised by the positive contributions that can follow from the appointment of Non-executive Directors. Finding the right individuals with relevant experience to act as non-executive directors takes time and skill. We have provided Non-executive Directors to a large number of organisations with considerable success and would be happy to discuss non-executives with you in greater detail. |
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