Non Executive Director
Throughout my career, I have spent many years working at board level for some of the UK’s most innovative companies. This has given me a unique insight and experience that I can now bring to fast growth and established businesses on a Non-Executive Director basis.
What is a Non-Exec Director?
A Non-Executive Director (non-exec) is a part-time role as opposed to the normal full-time directors of a company. They normally bring skills, contacts, guidance and support to businesses. They will not however have anyone reporting to them and will not generally be involved in the day-to-day running of the business.
Aren’t they for larger companies?
Traditionally it has been the larger company or Plc that has had non-executive directors and a major part of their role comprised of corporate governance. However, more lately, smaller companies and even start-up businesses have taken on non-execs to fill out their management team with experienced and well-connected business people.
How can you help my business Barrie?
Firstly, you need to recognise that as a non-exec I would be part of the management team, this is not the same as being a consultant or even mentor, I will bring benefits in terms of knowledge, experience, skills and added value.
- I can provide expertise that you normally could not afford to buy.
- I am more committed than a consultant or professional adviser.
- I would add credibility to the management team (especially helpful to gain funding).
- I will have contacts that would help with obtaining sales or understanding the market.
- I will be a sounding boarding for the MD or CEO.
- I can bring years of experience to bear when looking at proposed business plans.
- I can provide crucial guidance at critical stages of a business.
- I will fill particular skill gaps which the owners of a young company may not have.
How much time would you spend with us?
I work with many businesses and have more than one non-exec role. I am happy to work with you as long as your business is not a competitor of my current clients. Generally you should expect me to be present at monthly management and board meetings and on a few other days during the year, on average say 18 – 20 days. The actual time is entirely up to yourselves to agree. It may be that you need me more often to start off with and then less as we make progress.
How much do your services cost?
I usually charge a day rate and this would be agreed subject to certain criteria, these include, but are not limited to turnover, length of time the business has been established and the value that both parties think I can add to the business.
Is there anything you need from us?
Yes, I need a genuine commitment to develop the business, all current directors need to have an open mind to change and a desire to move the company to the next level, both in terms of sales, profit and general levels of professionalism.
If you are interested in finding out more about non-execs in general or how I can help you specifically, please get in touch for a completely free no obligation consultation and take the first positive step to driving your business forward.
Barrie Pierpoint – firstname.lastname@example.org 0781 6470621