Examples: What gain board member-professionals generate
Limited Companies
- Creation of a new distribution channel
- Acquisition of new customers through personal relationships
- Access to alternative funds
- Company evolution towards new know-how
- Strategic Shift: Abandonment of a business segment and strengthening of the core business
- Contribution to cost cuts by naming advantageous suppliers without quality loss
- Objectification of a discussion between emotionally involved participants
- Only and real sparring partner against a CEO, who is also majority shareholder
- Access to international funding and world bank funds
- Company involvement: real job fulfilment with quality gain, information gain, transparency and leadership development instead of monolithic structures and “compulsory protocols”
- Towards persistent scrutiny: unveiling of dubious practices
- Instead of “sweeping under the carpet”: transparency and consequences
- Instead of non-action and cover-ups: closure and legal action including compensation
- Internal restitution through constant insistence
Family Businesses
- Mediation and reconciliation of interests between estranged partners and family clans
- Arbitration and peaceful solutions in the conflict of the generations
- Preservation from bad mistakes with losses in the millions
- Avoiding maldevelopments through applied know-how.
- Customer acquisition through good contacts
- Instead of being just an other subcontractor; cooperation and win-win
Foundations
- Qualitative substantial debates and development instead of just nodding
- Substantial growth through know-how and know-who
- Instead of value stagnation or even loss: Securing and increase through new investment strategies with short term dispositions
Public Sector
- Managerial accounting and controlling instead of simple cameralistic revenue and cost evaluation
- Know-how gain through bringing in knowledge from the private sector
- A turn away from annual budgets to the benefit of a middle and long term strategy
Private Equity
- Balance between short term - solely revenue focused – private equity interests and long term goals of the family business
- Instead of disbanding and asset stripping, strengthening of core competences and a moderate long-term business growth
- Prevention of an initially planned but now untimely exit to the gain of the company and therefore all associates