Part-time Managing Directors (MDs)

Part-time Managing Directors (MDs)

Many believe that businesses are supposed to be led by one person, available 24/7, who belongs completely and totally to their company.

However, many company boards have part-time, non-executive chairs and directors – and, in fact, even organisations like Microsoft have been temporarily run on a part-time basis, which is exactly what Bill Gates did, much to the thrill of the business world.

More and more companies now offer flexible working policies – and even executives want greater autonomy and control over their schedules and lives. Managers and executives in many organisations can now pursue part-time projects, if they want to, so long as their work is good and delivered on time.

Part-time Managing Directors

As these organisations scale up, their founders often find that they need additional expertise to run their companies. As a result, there’s been greater demand than ever before for managing directors (MDs) available on a part-time basis. These individuals have extremely strong managerial experience and work with founders, or their Board of Directors, to help a business achieve goals and reach the next level.

Many of them have retired from a full-time position as a Managing Director or a C-Suite executive and can join a company on a contract basis. This creates a win-win situation: your company gets access to talent you may not otherwise be able to afford, while they can connect you to their contacts, sources of funding, and new business.

However, many Part-time Managing Directors are still looking for work-life balance. They likely do not want the long-term challenges or pressures of being the boss.

Companies are constantly evolving – and the skills your company needs from inception to sale will likely change, as well. If you ever require a certain skill set but cannot afford or do not require a Full-time Managing Director, then a Part-time Managing Director (MD) may be a perfect fit for your organisation.

Get in touch with us to find out how a Part-time Managing Director could help grow your business by completing a contact form.

Would you like an exploratory discussion with a Regional Director?

No cost and no obligation

Request a call back

Frequently Asked Questions (FAQ)

Can a managing director be part-time?

Yes. Like any Board position, a Managing Director can be held as a part-time role. Many want to stay in business after retiring from a full-time position but with more free time, so offer their experience part-time.

What is the meaning of managing directors?

A Managing Director is responsible for the daily operations of a business. They work with founders and the Board to help the business achieve its goals.

Who do managing directors report to?

The Managing Director usually reports to the CEO and Board regarding progress or any issues within the business; however, the two can often be more like partners than a boss and their employee.

…invaluable strategic business advice in many areas…

Ian Gosden, Managing Director, Higos Insurance

…valuable assistance in setting objectives and arranging strategy plans…

John Freshwater, Managing Director, Permaframe

…no hesitation in recommending him as a Non-Executive Director…

Colin Flaherty, Chairman, Academy of Business Strategy

…I was delighted to hear what a fantastic fit Boardroom Advisors were for my client…

Chris Budd, Founder, The Eternal Business

…he was a real asset in supporting us through rapid expansion…

Adam Ellis, Managing Director, Five Rivers

…he has had a significant impact on our approach to how we work as an agency…

Christian Harris, Managing Director, Sticky