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Non Executive Director for £150 per month |
‘.. it is now widely accepted that boards gain from a combination of the breadth of view of outside directors and the depth of knowledge of the executive directors.’ (Cadbury, 1994, page vii)
‘... particularly in smaller companies, NEDs may contribute valuable experience not otherwise available to management.’ (Hampel, 1998, page 25) 80% of managing directors (MDs) who had NEDs felt that they were helpful. ACCA Research Report No. 63 Berry and Perren, 2000 However the majority of SMEs do not have NEDs. The prevalence of NEDs within SMEs is still directly related to the size of the company with only a fifth of smaller companies, i.e. those with fewer than 50 employees, having NEDs. But this seems more to do with cost than the value and contribution that the NED can bring. For this reason Silent Partners are providing a Non Executive Director service at a very affordable price of £150 per month. This will allow the smaller businesses to evaluate first-hand how useful it can be to work with a NED on a regular basis. Contact: Keith Steptoe for more information 0118 988 3435 keith@silent-partners.co.uk VISIT OUR MAIN WEB SITE |
