It is well known from research carried out by the IIB and other organisations that independent businesses usually operate in isolation without the networks of contacts and information services available to larger companies.
The range of specialist skills larger companies have from their multi-functional board of directors is but a dream for the majority of managing directors/owners.
According to national statistics:
Managing directors/owners of a small to medium sized independent businesses rarely have a board of directors and are expected to:
This is clearly a very difficult situation for those involved and one or two key people in such an organisation cannot possibly be expected to possess the specialist skills of an entire board covering a broad range of subjects. This leads to a management gap.
In an attempt to 'keep all the plates spinning', managing directors/owners of businesses are working longer and longer hours. From a recent national survey, it's a known fact that East Anglian business owners work the longest hours in the UK.
Advisers accredited by the IIB fill the management gap by offering a single reference point where businesses can obtain relevant information and practical hand-on support.
The network of advisers accredited by the IIB is the largest of its type in the world, with highly experienced and mature business men and women with a phenomenal amount of high level executive business experience behind them.
You and your business can benefit from on-going support - a virtual non-exec director acting as a gateway to this pool of talent. You no longer need feel alone.