The majority of Kiwi businesses are owner managed. The shareholders are the directors – and also provide day to day management.
In the early stages – and while your business is relatively small, this can be perfect. After all, no-one will care about your business and work it like you will right? But for business owners with ambitions for growth, you may at some point find that you’re not the ideal person to manage your business.
It may be that you are a brilliant founder with great technical and entrepreneurial skills – but not a great manager. It may be that your business needs specific skills in order to grow – and you just don’t have those skills. It may be that your business needs a separation between governance and management. It may be that you wish to retain ownership of your business – but not direct involvement in day to day operations.
In any of these situations, you will be faced with finding the right person to manage your business.
This is a process fraught with problems – and often they rest fairly and squarely with the business owner him or her self. At this event we will assemble a quality panel comprising two business owners who have successfully or unsuccessfully tackled this issue in their own business – and an expert who has seen the issues as they unfold from a professional point of view.
This event will be held at the BNZ Partners facility on Constellation Drive, North Harbour at 5:30pm on Thursday 20 June 2013 – and will run through to 7:30pm on the night. And here are our panellists for this event:
Greg Murphy. As founder of high-growth software as a service company Unleashed Software, Greg has been through the process of relinquishing direct control of the business he founded in 2009. Greg has some valuable insights to share from his own journey through this process. Often the most powerful insights at business owners forums come from business owners who have negotiated their way through the topic of the month – and Greg’s story will be of great interest to business owners embarking on this journey.
Stuart Crisp. As a director of Kinross Partners, Stuart has made a profession of finding the right person to manage his clients’ businesses. There are ways that you can increase your chances of finding the right person to manage your business – and Stuart knows most if not all of these. And the good news is that he will be on the panel at this event to share some of this intellectual property with the Business Owners Forum.
Damien Grant. It’s always good to see Damien at the Business Owners Forum, but as an insolvency practitioner most business owners would prefer to avoid meeting him professionally. One of the ways to increase the odds of Damien’s crew taking possession of your business assets is to take your eye off the day to day management of your business. The dilemma is that’s probably exactly what you intend when hiring someone to manage your business. Damien will discuss ways to mitigate the risks from stepping away from the day to day management of your business – and will share some chilling reminders of what can happen when this doesn’t go so well.
As always for Business Owners Forum events, this session will be free of charge and completely free of sales pitches from the supporters or the panelists. And there will be pizza, beer and wine to lubricate quality discussion.
Business Owners Forums are held monthly – alternating between Whangarei, Albany and Newmarket venues. This event will be repeated in Newmarket on 17 July.
If you’d like to attend this event, email Fraser Hurrell before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.