Blog Articles

THE ROLE OF THE RISK MANAGER

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 […]

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WRITING A WINNING JOB DESCRIPTION

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. […]

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HOW TO WRITE A WINNING BUSINESS PLAN

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 […]

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WHAT IS A COMPANY CHAIRMAN – WHAT RESPONSIBILITIES?

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 […]

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CHAIRMAN WITH PRIVATE EQUITY EXPERIENCE – THE BENEFITS

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 […]

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MENTORING THE BOARD OF DIRECTORS

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 […]

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WHAT IS A CORPORATE RECOVERY SPECIALIST

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 […]

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HOW A BUSINESS CONSULTANT CAN HELP YOUR BUSINESS

Can a business consultant help my business? A business consultant can bring significant value to your company in several ways. Here are some ways in which a business consultant can help your business: Expertise and Experience: Business consultants typically have extensive knowledge and experience in various aspects of business management. They can provide you with […]

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DUE DILIGENCE PROCESSES INVOLVED IN A COMPANY ACQUISITION

Michael Tait, an experienced acquisition chairman explains the key processes of due diligence in a company acquisition. During a company acquisition, several due diligence activities are typically carried out to assess the target company’s financial, legal, operational, and strategic aspects. The specific due diligence activities can vary depending on the nature of the acquisition and […]

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WHAT IS A TURNAROUND SPECIALIST?

What is a turnaround specialist? How can they help my business? A turnaround specialist is a professional who specialises in helping distressed or underperforming companies overcome financial difficulties and restore their profitability. These specialists have expertise in assessing troubled businesses, identifying the underlying problems, and implementing strategies to turn them around. They typically have a deep understanding […]

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