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August 2010
Latest News - Nedworkers Initiative

 
Jul 30, 2010

If you are one of the 4.7m small business owners

NEDworkers Initiative

 

If you are one of the 4.7m small business owners in the UK who need advice on how to survive the recession, grow your business, improve your people strategy or start up successfully, then you may need to call in a ‘NEDworker’, a senior, independent board level business executive who can help you  with your challenges.

 

The ‘NEDworker’ initiative is a new scheme from Russam GMS, the Interim Management specialists. The company is offering small businesses the chance to recruit NEDworkers NOT as non executive directors or directors, but as ‘critical friends’ or business mentors, providing strategic advice and/or handling CEO level projects.

 

Typically, the NEDworkers will have operated at director level in a range of businesses and have excellent functional skills and many years’ business experience.

 

A key part of the initiative is that the NEDworker will work with companies for two days free of charge before both parties have to decide if they want to establish a longer term business relationship. Businesses interested in hiring a NEDworkers simply need to provide a brief and Russam GMS will shortlist suitable candidates from its extensive database of senior executives.

Charles Russam, Chairman of Russam GMS says, “A recent report from BDO Stoy Hayward stated that one in 56 UK companies are likely to fail this year; Many SME businesses – particularly owner-managed companies desperately need independent, professional business support to get through these testing times. Calling in a trusted adviser or a critical friend with the right skills, knowhow and industry knowledge to help get their business back on track or implement a strategy for growth could be essential for their survival and future business success.”

 

“Our NEDworker initiative has a ‘try before you buy’ element so that both parties can decide if they want to pursue a long term working relationship. We feel that two days is the optimal time needed to decide on the viability of the relationship, ensure there is a personality fit and to determine the scope of the work. We know that many businesses are looking for this level of support right now and we are confident our new scheme will make working with seasoned professionals a more accessible and affordable option for many UK SMEs.”

 

Businesses will be under no obligation to hire the NEDworker after the two day period.

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