An effective Advisory Board can be one of your organisation’s crucial success factors in today’s competitive environment. If the time is taken to ‘do it right’, an Advisory Board can be one of the most cost effective resources you will ever have.
Business owners have many reasons to form an Advisory Board:
- An independent sounding board
- Business strategy planning
- Viable growth plans
- Succession / exit planning
- Saving on consultancy costs
- Hear the truth- even if it is hard to hear!
- Support from others who understand what it takes to be successful
- Access to key skills
- Major business changes