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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