The Collective Intelligence of your Advisory Board provides Leverage and Accountability as well as access to Skills and Networks.

The Right Strategy, with the right implementation plan coupled with an appropriately configured Advisory Board is a powerful combination for achieving impact.

Leverage

Establishing an Advisory Board can provide significant leverage, amplifying the capability and accelerating the transformation of an organisation.

When configured and managed appropriately your Advisory Board provides four key benefits

  • Accountability for the CEO, Directors, Leadership Team -keeping them focused on the strategic imperatives the organisation has set.
  • New Thinking: Assisting you to explore your unknown, unknown issues
  • Skills: Access to the skills you need to amplify organisational capability
  • Networks: Access to the customer groups, partners or supplies you need ensuring that those who need to know you.

Imagine your own Advisory Board consisting of members with the right skills and global commercial experience, available to meet when you need them, and with the flexibility to re-configure your team of advisers when necessary.

Imagine your own Advisory Board consisting of members with the right skills and global commercial experience, available to meet when you need them, and with the flexibility to re-configure your team of advisers when necessary

Accountability

Establishing an Advisory Board is not for the faint-hearted. It is only relevant for business leaders ready to embrace growth, who are willing to acknowledge what they don’t know, are open to learn from experts, are willing to be held accountable and are ready to apply resources to make it happen.

A key benefit of establishing an Advisory Board is the structure of accountability, requiring the CEO, directors and Leadership Team to deliver on commitments made. An Advisory board is also a sounding board, a forum for safe, often difficult, confidential discussions.

Benefits

  • Ensure your business has a well thought through strategy and execution methodology that is appropriately ‘tested’ and resourced.
  • Accountability: For the CEO, directors and Leadership Team
  • Receive fresh perspective and innovative new thinking to your organisation
  • Mentoring for the CEO and Leadership Team as they develop new skills.
  • Implement a governance structure
  • Access to qualified networks and resources around the world

Flexibility

An Advisory Board takes the shape and structure that the CEO / directors prefer.

There are a range of factors to consider when establishing an advisory board, depending on the outcome and effectiveness that the leaders seek. Issues such as the number of members, frequency of meetings, focus areas, skill sets required, remuneration and access to board networks all need to be worked through. There are low to high intensity solutions to these issues, each with implications for value and cost.

Unlike peer to peer advisory groups your Advisory Board is tailored to suit the specific dynamics and needs of your business and is structured to evolve as your business expands.

‘Advisory’ is the key term. One important caveat is that the Advisory Board must be ‘advisory’ in nature, and that the company directors are solely responsible for balancing the advice received from a number of sources, and specifically have responsibility for all decision making.

Setting up an Advisory Board

Take the first step by contacting us and we will arrange a meeting to explore how your own Advisory Board could transform your business.

 

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