Researching, planning and launching complex and challenging projects, such as new asset-backed trading platforms, can benefit from shared expertise.
More companies are turning to advisory boards to help, as Enco Insights’ Director, Eden Yates, explains.
If you own significant energy or resources assets and are not trading around them, the reality is you may be leaving value on the table.
The success of companies such as Shell, BP and Glencore demonstrates the power of combining physical assets with deep trading capabilities. But the challenge is not just recognising the opportunity: it is making the transition successfully. Building an asset-backed trading business requires expertise across people, systems, risk, culture and technology.
“Advisors can provide perspective. They have seen what works, what fails and where hidden risks typically emerge. That experience can help organisations avoid costly mistakes, shorten learning curves and make critical decisions with greater confidence.”
Advisory Board Use Cases
The value of an advisory board extends well beyond strategic oversight - as former Maersk Oil Trading CEO, Niels H. Lindegaard, demonstrates in this briefing article. Here are just a few examples of real-world advisory board use cases:
A power producer entering wholesale trading: Here, an experienced advisor can help shape the commercial model, challenge risk assumptions and avoid common pitfalls before significant capital is committed.
Mining companies seeking to build a marketing or trading capability: Access to leaders who have previously scaled commercial organisations can accelerate decision-making and provide an objective view of what success should look like.
Established trading businesses: Advisory boards can offer independent challenge around technology investment, operating models, talent strategy and growth opportunities.
Spot Risks Before they Arrive
Perhaps most importantly, advisors can provide perspective. They have seen what works, what fails and where hidden risks (and there are many) can typically emerge. That experience can help organisations avoid costly mistakes, shorten learning curves and make critical decisions with greater confidence.
Whether you need former trading heads, CFOs, risk leaders, operations specialists or technology executives, advisors can provide independent challenge, strategic guidance and real-world experience to help accelerate progress and avoid costly mistakes.
More Voices, Stronger Insights
That is where experience matters.
Over the past year, Enco has seen increased demand for advisory boards. We have helped to establish these for clients building and scaling trading businesses. Our advisors are, typically, independent executives who have led some of the world's most successful trading organisations. They bring practical insight gained from years of navigating growth, transformation and volatility.
If you'd like to discuss how an Enco advisory board could support your trading ambitions, please get in touch.
Eden Yates
Director, Enco Insights
