EXECUTIVE SEARCH & RECRUITMENT
FEATURE
business to help identify the threats, weaknesses and opportunities, in turn showing the areas a NED could add real value. Once you have identified the skill gaps you will be one
step closer to appointing the right NED. There are two types of NEDs; those that already have a portfolio of existing clients and those that hold executive roles in other businesses. Ultimately, your needs will determine which is right for your business. If you require a NED for two or more days a month and
are looking for someone with experience in your industry, you should be looking at appointing a NED with an existing portfolio of clients, as they are likely to have fewer conflicting commitments. However, if your business is more focused on acquiring skills, as opposed to a need for more in-depth industry knowledge, you can look at appointing a NED who is still in an executive position. You can utilise an executive search firm to find the best
candidate for your business. Forsyth Barnes, for example, has placed a number of NEDs with leading organisations across the UK and globally.
business network December 2018/January 2019
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