Mohammed Al Duhaiman’s Post

The 5 Things You Need To Scale Up Do you have all the right people, funding and processes in place that you need to successfully scale up? Do you need a small amount of specific expertise to get you from where you are now to a position where you can justify a full time expert? Part-time Executive and Non-executive Directors are available immediately to slot right in to provide the solutions you need. #parttimedirectors #scaleup #sme #BoardroomAdvisors

Achieve Business Success: Synergise Your Marketing & Growth Strategies 🚀 Your growth strategy is the roadmap to success, and your marketing strategy is the engine that drives it forward. Learn how to align and supercharge them for optimal results. #BusinessGrowth #MarketingStrategy

Fake investors: How to spot scammers and time-wasters, and protect your startup Don't fall victim to fake investors! In this article, we uncover crucial strategies for safeguarding your business from potential scammers and fraudsters. Key takeaways: - Build your network: Leverage trusted connections and attend startup events to meet potential investors. - Communicate openly: Ensure alignment in values and vision with potential investors to avoid conflicts. - Trust your instincts: If something feels off, investigate further and don't rush into decisions. - Conduct due diligence: Verify investor credentials and seek professional help to navigate fundraising deals. - Protect with legal documents: Use platforms like SeedLegals for secure fundraising and safeguarding against conflicts. Stay informed, stay vigilant, and protect your startup from the lurking dangers of fake investors. #StartupAdvice #InvestorProtection #Entrepreneurship

Cultivating Success: Navigating Growth In A Competitive Industry Ready to elevate your business growth strategy? Have a read to learn about navigating growth in a competitive industry! Key Learning Points: 1. Innovation for Competitiveness: Learn why innovation is crucial for staying ahead in a fast-changing market. Embrace cutting-edge technologies and processes to meet evolving customer needs. 2. Strategic Partnerships: Discover the power of collaborative growth through strategic partnerships. Align with complementary businesses to expand your reach and accelerate innovation. 3. Resilient Organisational Culture: Cultivate a culture of learning, adaptability, and diversity to support your growth strategies. Empower your team to handle new challenges and foster a culture of transparency and inclusion. 4. Customer-Centric Approach: Put your customers at the forefront of your business decisions. Utilise customer data and feedback to tailor your offerings and build strong, lasting relationships. 5. Strategic Talent Acquisition: Invest in recruiting and retaining top talent that aligns with your business values and vision. Consider retraining existing team members to build loyalty and commitment. 7. Proactive Risk Management: Be proactive in identifying and managing potential risks. Develop contingency plans to respond swiftly to unexpected challenges and ensure business continuity. #BusinessGrowth #Strategy #CompetitiveIndustry

Why You Need Digital Expertise In The Boardroom The demand for digital expertise in the boardroom is growing because this role ensures that the threats and opportunities emerging from a diverse set of digital forces — social networking, mobile, e-commerce and omnichannel retail, data and analytics, and IT virtualisation — are adequately reflected in and woven into the overall business strategy. Does your board have a digital savvy director? #digital #boardordirectors #digitaldirector #BoardroomAdvisors

Board meetings: what they are and why you need to hold them This article breaks down the essentials of board meetings, from what they are to why they're vital for steering your business towards success: 1️⃣ What's a Board Meeting? Discover the significance of official gatherings where directors discuss performance, strategy, KPIs, and major decisions. It's more than a formality; it's your compass for progress. 2️⃣ Startups Need Board Meetings? Understand why startups should embrace board meetings. From decision-making to strategic planning, these sessions keep everyone aligned, ensuring your company stays on course. 3️⃣ Frequency Matters: Learn how often startups should hold board meetings. It's not just about the legal requirements; it's about keeping your team in sync and reaching your goals efficiently. 4️⃣ Virtual or Physical? Explore the shift from in-person to virtual board meetings. Practical, especially in a dispersed team or pandemic times, but what does UK law say about it? 5️⃣ Who's in the Boardroom? Learn about the key players in board meetings – from company directors to investor directors. Plus, why your senior managers might deserve a seat at the table. #BoardMeetings #StartupSuccess #CorporateGovernance

The Most Common Independent Trustee Mistakes (in Employment Ownership Trusts) Discover the key aspects of the independent trustee role in Employee Ownership Trusts (EOTs) and why it's more than just a few hours per quarter. The most common mistake lies in underestimating the importance of this role. Some of the key takeaways: 1. Ownership and Leadership Dynamics: - Explore the challenges that arise when ownership and leadership are separated in an EOT transition. - Understand potential issues when former owners continue to exert influence, affecting governance and cultural aspects. 2. Primary Roles of the Trustee Body: - Learn about the three primary roles of the trustee body: holding the board accountable, representing employee interests, and upholding core company values. - Emphasise the need for a well-balanced trustee composition, including employee trustees, an independent, and a director trustee for effective governance. 3. Significance of the Independent Trustee: - Recognise that the role of the independent trustee goes beyond attending meetings. - Highlight the importance of ongoing dialogue with the main board, setting clear parameters for the trustee body, and supporting employee trustees in communication. In the realm of EOTs, the independent trustee is not just a formality but a linchpin for effective governance and employee representation. #TrusteeRole #EmployeeOwnership #GovernanceStrategies

The Advantages of Diversifying Your Business—And How to Do It Why adopt a diversification strategy? Diversification aids long-term growth, risk mitigation, and overall sustainability. Main Takeaways: 1. Leverage New Markets: Discover why vertical growth has its limits and how diversification into new markets stimulates sustainable growth. Learn from industry giants like Meta, Google, and Amazon on achieving cross-vertical growth for long-term success. 2. Treat Ventures as Investments: Gain insights into treating new business lines like investment projects. Learn the importance of having actionable hypotheses, a dedicated budget, and a defined runway. Explore when it's crucial to make the tough decision to pivot or move on from a project. 3. Synergistic Opportunities: Understand the two types of diversification—synergistic and experimental. Explore the merits of looking for related verticals to ensure security and expansion. Learn from examples like Facebook's acquisition of Instagram and Disney's strategic moves in related industries. 4. Strategic Focus: Recognise the delicate balance between intentional diversification and distracting experimentation. Learn how great entrepreneurs maintain focus on ventures without spreading too thin. Discover the importance of surrounding yourself with competent individuals to evaluate and execute new ideas. #BusinessGrowth #DiversificationStrategy #EntrepreneurshipInsights

Sales and Marketing - Part 3 of 3 in our Scaleup Essentials Series In organisations looking to scale, you need a plan and a process to achieve sales – and many companies don't have this at all. Structure matters because your business change as it grows. You will likely be marketing and selling new products to customers in a more complex market, working with a larger sales team, and managing a bigger business. This article explores what you need to know as you devise your sales and marketing strategies. #sales #marketing #scaleup #growth #BoardroomAdvisors

Valuing your business can be challenging and sometimes overwhelming. It can be hard to know where to start and what to ask, but it’s crucial to the sale of your business. This guest post from Hornblower Business Brokers is here to explain what you need to know to understand just what your business is worth. #business #value #exit