1. The Delights, Frustrations and some Reflections of a NED Chris Curling

2. How to get going1. What are your USPs?Analyse what you have to offerGo out and sell it2. For what sorts of companies are you bestsuited?Sector knowledge: ability to take business intonew placesYour personal cultural fit: big/small/publicsectorThe voluntary sector 3. How to get going3. Why does this Company need a NED?to provide a missing skill e.g. sales, finance, production to give a new aspect on the sector to take business to next stage to remove loneliness Ability/willingness of team to recognise need is a good start 4. Where do you find NED positions? Contactscontacts contactsOther NED appointmentsNon-execs.com 5. What is it like being a NED?Not running the business: I could do it betterBut no whingeing employees| 6. What is it like being a NED?NEDS are not a sinecure: Get to know businessIdentify difference between success andmediocrityBring fresh ideas and perspectiveSupport/mentor business drivers 7. The Importance of TrustDue diligence before appointment anyone, anywhere within bounds of confidentiality Confidence in people and information numbers completeness of information sound executive team Chairman/CEO relationship 8. The Importance of IndependenceFinancial most important corporate governance element Judgmental Listen but back your own judgment 9. RiskSorting out hairy situationsGoing bust or being fired part of risk equation adds much to lifes experience! Is the risk/reward worth it? 10. The Quintessential NED Plenty of experience of lifeSharp, refreshing, insightful mindIndependent judgment and character