Not all businesses run to the business plan upon which the original investment decision was made. Also, a portfolio manager may not have been involved in the original investigation and business case. Charged with managing the acquisition, normally sitting on the board as a non-executive shareholder representative and guiding it to a successful exit, the portfolio manager is in the position of any shareholder in that ultimately success or failure of the business is his or her responsibility. 

Operational management is delegated to a management team that may also be minority or even majority shareholders. As a board member these become trusted colleagues and business friends, so if performance begins to miss targets, pressure is put upon the portfolio manager to act. This may be for a second opinion, hands-on support, or short-term replacement of team members. We have the experience to give conflict advice and to provide short-term management support through our own team, or interim management support through our InterimConnect subsidiary.