Product

Your need

Description

Typical start timings

Plug 'n Play

Due to an unexpected change in your leadership team from resignation, ill health or death you need somebody to fill the position immediately and to take responsibility for the portfolio.

The provision of an experienced executive with the necessary skills, experience and proven track record to meet your specific need.

5-10 days from brief to start10%

3D Company Doctor

Due to the difficult business environment, decreasing revenue and/or decreasing profitability for the entire business or specific product lines or geographies, you need an assessment of options for the way forward and implementing change.

Using an experienced executive in your particular industry or functional area to perform a due diligence on the current operations in order to design a road map to improvement or back to stability. This due diligence will be performed using the business blueprint as the basis and, before the due diligence is presented back to you, it will be vetted by an experienced panel of experts. Should you agree with the road map submitted, you can then engage with the experienced executive to take responsibility for actioning it.

5-10 days from brief to start

5-15 days for due diligence

Sustainability in Turnaround

You have experienced a sustained period of decreased profitability or strained cash flow that you have not been able to rectify or you have had a court appointed Turnaround Practitioner who has restructured the company and is now ready to move on.

For businesses that are in distress and need the skills of an experienced Turnaround Practitioner, we have a strategic alliance with the Turnaround Management Association of South Africa and a significant number of Turnaround Practitioners on our database. However, new legislation is going to mean that once a company gets to a certain point of distress, a Turnaround Practitioner will be appointed by the court and not by management. Once these Turnaround Practitioners have completed their Turnaround processes, you are going to require strong executive leadership to bed down the changes and to ensure that the operations continue profitably. Our Sustainability/Turnaround product provides a flexible 6-24 month solution to your executive needs during this time.

5-10 days from brief to start

BEE Assistance

Your organisation has a desire to transform in an environment where this is proving particularly challenging. These challenges may be due to skills shortages, a shortage of black skills in your industry or sector or resistance from white employees to assist with transformation.

Many companies are looking for sustainable means to transform the organisation and to meet BEE and Employment Equity targets set by government. One of the biggest risks is the sustainability of any decisions taken merely to meet targets, gain points or win government work. We have a variety of tailor made solutions to assist with your BEE strategies ,which include: 3-24 month skills transfer programmes, flexible mentoring programmes, combined delivery and mentorship programme and many others.

5-10 days from brief to start

Independent non-executive directors

Your organisation wants to comply with good corporate governance practices or shareholder pressure is making you seek out suitable independent non-executives.

Recent changes in the Companies Act or King III require organisations to establish a number of distinct boards/committees and to utilise the services of independent non-executive directors. This can prove extremely challenging and many companies are not meeting the requirements, simply because they are not aware of them or cannot find suitable individuals. The breadth of experience of the Interim Executives on Mindcor's database makes them suitable to fulfil the role of an independent non-executive on any number of boards or committees in your organisation.

Depends on the organisation's policies

Shareholder activism assistance

A vacancy of two or more directors on the board balanced with significant urgency and time pressures.

Mindcor's extensive database of experienced executives will allow you to create an entire Interim Board of Directors should the shareholders decide to dismiss the current executives for whatever reason. Quite often, shareholders are dissatisfied with the performance or decisions taken by a board of directors but no action is taken due to the fear that suitable replacements will not be found or will take inordinately long to find.

5-10 days from brief to start