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What we do >> NED
Non-Executive
Director's introduction page
Our
NED division provides a team of highly qualified and experienced
non-executives from all sides of industry and service businesses.
Many have experience working for venture capital investors
or for larger shareholders. All bring gravitas, quality
and foresight to even the most distressed businesses.
After
the introduction of the restructuring process and our Client
Services team have been introduced, the board then appoints
the NED. This process is agreed with the creditors and existing
shareholders and directors
We
have huge experience in the turnaround of small to medium
sized businesses. We believe that the rescue mechanisms
such as a CVA must be supported by
the introduction of our turnaround management support. Often
the management team is tired, under distress and needs to
focus on the bigger picture issues, not the minutiae of
the day to day.
Few
SME or even larger companies have all of the necessary skills
in all levels of the management of the business to cope
with the huge burden that insolvency can place on a company.
It
is KSA's strongly held view that we must help the board
focus on the issues that the company faces, identify and
agree weaknesses in the board and management and set strategies
for change that are essential for the survival of the business.
Corporate governance issues, capital adequacy and financial
planning are all pre-requisites if you are a director, however
firefighting tends to obscure such planned approaches.
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