Sherwood Directors in Residence

Sherwood Directors in Residence

Directors In Residence (DIR) helps companies stay focussed. Our Directors are expert at strategy development and focus on fixing problems from that perspective. Our Directors are also knowledgeable at reengineering and reorganization. They understand capital allocation as well as risk/reward analysis.

DIR Directors stress the importance of thinking strategically and executing tactically. That means defining the market and customers with precision.

  • We are facilitators who support evolution and growth.
  • We come from the "rolled up shirtsleeves" school.
  • We are not abstract theoreticians.
  • We are experienced builders of businesses who understand the appropriate use of capital resources.

 

“It's the promise of picking out the rare star capable of breaking from the pack that keeps adventuresome investors betting on young companies” so Directors In Residence (DIR) helps companies stay focused and meet the expectations of their investors.

  • DIR Directors are expert at strategy development and focus on fixing problems from that perspective.
  • DIR Directors are also knowledgeable at reengineering and reorganization.
  • DIR Directors understand capital allocation as well as risk/reward analysis.
  • DIR Directors stress the importance of thinking strategically and executing tactically.

That means defining the market and customers with precision!

  • DIR Directors are facilitators who support evolution and growth.
  • DIR Directors come from the "rolled up shirtsleeves" school.
  • DIR Directors are not abstract theoreticians.
  • DIR Directors are experienced builders of businesses who understand the appropriate use of capital resources.

The Keys to Corporate Success

Constant change and adaptation in today’s markets are the only ways a company can survive. A strong Board of Directors can be a valulable asset to assist in this and other processes.

There are four keys to corporate success regardless of the industry.

Vision

Companies and organizations must be driven by a shared philosophy and vision to build a thriving business and never lose sight of its goals.

Someone once said, “For any strategy to succeed, People must understand it, embrace it and make it happen.” DIR Agrees. Success can only happen when a company has charted a clear path forward driven by a shared vision. Developing clarity around a direction is essential and that is expressed in the vision, the aspirational statement about the future: “What do we want to be, what do we stand for, what business are we in, what goods or services do we provide?”

Corporate Environment

Successful companies create an environment in which employees can thrive, ideas come alive and innovations become reality. They must foster forward momentum and drive that inspires employees, customers and shareholders alike.

People are the most important asset of any company that has ever existed. Culture, management principles that value people, managers that insist on high standards and lead by example and consistent application of performance metrics make a real difference.

Customers

Surround customers with support and never give them a reason to leave. 

Best in class companies never lose their customer centric orientation as the customer is your center of the universe. Without customers, you have no business.

Quick & Opportunistic

Break out companies have to be quick, opportunistic, creative and extremely focussed. They have to "get there first and do things better." The managers of these companies "stay awake at night. They worry about every pin that drops. They worry about every competitor. They can never rest."

While it is critical to have a clear sense of strategic direction and clarity around vision, it is also more critical today than ever before to stay flexible and nimble because the world is so interconnected. Opportunities arise unexpectedly, an unforeseen crisis develops, a new technology threatens, a key competitor gets stronger or weaker, a plant has a fire, hackers invade your systems, new regulations threaten your existence, a new product is taking way too long to come to market and so-on.  

A strong Indepent Board can make the difference between success and failure. This is what DIR is all about.

Capital

It’s essential to have the proper capital structure and resources or the first four keys to success are meaningless.

What are the working capital needs of the business, does it have the capital to meet its growth expectations, what should the balance sheet look like in terms of the relationship between debt and equity?  How much leverage is appropriate for the business and should the business consider both public and privatevehicles?

DIR Directors are experienced builders of businesses who understand the use of capital resources.