The Search for NEDs is over

EP is delighted to announce the launch of EPNED which represents a wide number of the best proven players from the last twenty years who are open to giving their time, experience and knowledge to growing businesses. This is an invaluable asset for any board – especially as the threat of Brexit looms into sight.

So much has been written about the differences between the major generations that are presently in our workplace – and there is no doubt there are many differences – but this also presents a great opportunity, and arguably an important alliance to be formed, one that allows the experience of the baby boom generation to help guide the innovation, vision and talent that is now beginning to drive new emerging businesses.

By Chris Sheppardson, Managing Director, EP

For all the talk, business is business and does not change. The baby boom generation possess a wealth of experience that they can pass on to those that possess the ambition and drive to build the next chapters in UK plc. This bank of experience is still fit, able, fully engaged and wanting to add back – so the only question is how to achieve this to best effect.

Is it needed?

Most entrepreneurs start off believing that they have the answers and do not always want to listen to those that may not share their perspectives or vision. All fair – I was one of the worst – often slightly arrogant and full of self belief and with no desire to compromise but today, I look back and wince at some of the mistakes that I made – which is all part of learning – how much money was wasted through mistakes and also just how many great people helped me with knowledge that that I did ignore. One of the Industry’s greats often would talk to me about the importance of strategic alliances which I ignored for many years but now fully understand the importance of strategic alliances, sharing knowledge, the importance of shared agendas and working with experts to find the best answers.

“Moreover, we are about to face maybe one of the greatest challenges of all our lifetimes – Brexit.”

So yes it is needed but a mentor/NED/Chair/Advisor needs to be someone that one can talk to with ease, relate to and admire – which is why we are bringing together some pretty exceptional people that are proven time and again, with career stories that do inspire.

Moreover, we are about to face maybe one of the greatest challenges of all our lifetimes – Brexit. Whether one support Brexit or not, most will accept that it will be challenging and will present a tough 12-18 months at best. The most common argument is that all will be good in 3 years – well, that is still 3 years to work through and to be achieve all that Brexit has to aspire to be, UK Plc has to aspire to be exceptional in business performance – something that is maybe not the case today.

So yes it is needed but a mentor/NED/Chair/Advisor needs to be someone that one can talk to with ease, relate to and admire – which is why we are bringing together some pretty exceptional people that are proven time and again, with career stories that do inspire.

Moreover, we are about to face maybe one of the greatest challenges of all our lifetimes – Brexit. Whether one support Brexit or not, most will accept that it will be challenging and will present a tough 12-18 months at best. The most common argument is that all will be good in 3 years – well, that is still 3 years to work through and to be achieve all that Brexit has to aspire to be, UK Plc has to aspire to be exceptional in business performance – something that is maybe not the case today.

“We need to raise the bar, be the very best that we can be and for that to happen it makes logical sense to ensure that the greatest expertise is readily available to help growing businesses and the leaders of the next generations.

In sport, it is easy to understand how former great players can add value – through coaching, guidance, training and experience. Why should it be any different in business?

Most senior players will say that success comes though mental strength, knowledge and insight. Few become leaders with ease. Running a business is a consistent test of character that most of us will both fail and pass at times but with a good framework, there are more passes than fails.