Advisory boards create sparring without obligations – but require structure to provide value - Many owner-managers and growth companies need strategic sparring – without wanting or having an obligation to a formal board. An advisory board can be a flexible and value-creating solution when established with a clear purpose, the right profiles and a clear meeting structure.
In this playbook you will get:
Clarity about when an advisory board creates value – and when it doesn't
Overview of differences between advisory boards and boards of directors – roles, responsibilities, legal issues and governance
Concrete tools for composition and meeting management – from the role of the chairman to participant profile
Inspiration for the transition from advisory to board – typical signs that the time is ripe
