Interesting piece here from GatedTalent member David Laud (who is happy to be introduced as such - we don't normally name our members). David gives the perspective of an experienced Board Director on the value that an external adviser can bring to a smaller business. Many assume that NEDs only have a role to play in larger organizations - he's right, they don't.
Larger organisations both within the public and private sector have long identified and appreciated the value of a part time, specifically skilled, talent pool otherwise known as non-executive directors (NED’s). A growing number of SME’s have also identified the advantages of appointing a £100k+ equivalent executive for a fraction of the cost by hiring them as a NED for a couple of days per month.