What is a management mandate and when do I need it?

A management mandate is a professional service where external experts take over the operational management of a company. It is particularly useful for start-ups, international companies without local presence, or during temporary management shortages.

In the complex Swiss business world, a professional management mandate can be decisive for company success. Here is everything you need to know:

Definition and scope of a management mandate:

Core functions:

• Operational management: Daily business and strategic decisions
• Compliance management: Adherence to all legal requirements
• Financial responsibility: Budgeting, controlling, and financial planning
• Personnel management: Leadership and development of employees
• Stakeholder communication: Contact with investors, customers, and partners
• Risk management: Identification and minimization of business risks

When is a management mandate useful?

Start-ups and new incorporations:

• Lack of local expertise: International founders without Swiss knowledge
• Capital efficiency: No full-time management required
• Compliance security: Adherence to all regulatory requirements
• Network access: Professional contacts and market knowledge
• Time savings: Focus on core business instead of administrative tasks

Management mandate at Findea.ch:

• Full takeover: Complete management
• Partial mandates: Specific areas or projects
• Interim management: Temporary management solutions
• Advisory mandates: Strategic support
• Compliance management: Legal security

Conclusion: A professional management mandate can be a strategically wise decision for many companies. It offers flexibility, expertise, and cost efficiency while ensuring the highest standards in corporate management.