“Independent Directors help executive directors to get the most out of their business. They provide fresh objective input to strategic thinking and decision-making. They use their broad business experience and judgement to provide encouragement and watch for pitfalls.” - 3i plc
Non-executive directors are a resource seriously under-utilized by small and medium sized businesses. There is evidence that businesses that access and exploit non-executive directors as intellectual resources perform better in the long run than businesses that do not. In the past, non-executive directors have been perceived as only being suitable for larger companies. Increasingly however, small and medium sized businesses are using them to realize their potential.
SMEs require more time in proportion to their size than larger companies; they can afford fewer outside resources - such as financial advisors, management consultants, and lawyers - and their Management usually have less experience outside the field of their own operations. In such cases, non-executive directors sometimes have to support management in ways that might otherwise be handled.
We at Wingmen have a team with the experience, proven track record, good reputation, reliability, credibility and trustworthiness to be an NED in a fast growing and ambitious businesses.
“You do not lead by hitting people over the head –that’s called assault, not leadership.”
- Dwight .D. Eisenhower