Blog Articles

There are numerous risks of taking private-equity into your company. Michael Tait explains these risks. Working with private-equity investors can offer various benefits, such as access to capital, strategic guidance, and expertise. However, like any business arrangement, there are also potential risks and challenges associated with partnering with private-equity investors. Here are some common risks […]

The non-executive director (NED) plays a crucial role in the governance and oversight of a company. Furthermore, they also face certain risks and challenges in carrying out their responsibilities. Some of the key risks for non-executive directors include: Legal and Regulatory Liability: NEDs may be held personally liable for breaches of laws and regulations, particularly […]

The role of a risk manager in a company is crucial for identifying, assessing, and managing potential risks that could affect the organisation’s objectives and operations. Moreover, the primary goal of a risk manager is to help the company achieve its objectives while minimizing the impact of uncertainties. The key responsibilities and functions associated with […]

Building a Portfolio Career as a Non-Executive Director (NED) can be an exciting and rewarding path for experienced business leaders. It allows you to leverage your expertise across multiple organisations. You will be providing strategic insights and governance while enjoying the flexibility and diversity of working with different companies. However, creating a successful portfolio career as […]

Writing a winning job description is critical to the success of any role. It forms part of an employer’s duty of care to the candidate and their chances of succeeding in the job. In the fast-paced and competitive world of business, finding and hiring the right talent is crucial for the success of any organisation. […]

How to write a winning business plan – Michael Tait sets out the format and content that has been successful for him. So many of the companies I’ve taken on don’t have an ongoing business plan. They may have had one once. Possibly when they took on external investors or other financing but have since […]

What is a company chairman? Michael Tait explains: A company chairman (Chair) is the highest ranking officer in the corporate governance structure of a company. The board of directors typically select and appoint the Chair. The chair holds a leadership position in guiding and overseeing the company’s activities. These are the fundamental responsibilities of the […]

What can a chairman with private-equity experience bring to your company? Michael Tait, has 23 years private-equity experience and explains: A chairman with experience of working with private-equity backed businesses can bring several specific advantages to a company. Here are some key contributions they can make: Understanding of Investor Perspective: A chairman with experience in […]

Mentoring the board of directors is an important responsibility for a chairman. It involves guiding and developing the board members to enhance their effectiveness, knowledge, and decision-making abilities. Here are some key considerations for a chairman when mentoring the board: Establish a positive and open relationship: Build a strong rapport with individual board members based […]

A corporate recovery specialist, also known as a turnaround consultant or a corporate restructuring expert, is a professional who specialises in assisting financially distressed or underperforming companies. Their primary goal is to help struggling businesses overcome their challenges and return to a stable and profitable state. Here are some key aspects of a corporate recovery […]