Our team of experts are available to provide Board Advisory Services that provides greater flexibility in structure and management. We are available to share the best practice on a whole range of boardroom challenges and keep your executives alert to the relevant application of constitutions, codes, regulation, listing rules, powers and procedures.
Board Advisors play an increasingly significant role in assisting companies through the period of economic uncertainty, regulatory change and intense global competition. Another reason why a large number of organisations are appointing advisory boards is so that it can receive expert advice on an emerging technology or scientific advances, or gain insight into doing business in diverse global markets.
Group individuals who have been selected to advise a business owner on a number of business-related issues on how the business owner can better manage the company are known as Board of Advisors. Advisory board members are likely to be veteran business professionals who offer expertise a business owner may lack. An advisory board provides new insights and unique perspectives of an organization. An advisory board can also enhance an organization’s reliability with clients and investors and expand a company’s networking contacts.
An advisory board adds value to an organization by exposing the management and mainboard to new thinking, thereby broadening horizons, improving understanding of a company’s markets, risks and future drivers of growth, challenging assumptions and guarding against groupthink. Having an advisory board means that an organization has access to the strategic advice and complementary skills required to take the organisation to greater heights.
We are available to evaluate your board and review its effectiveness. We build a custom solution for whatever your governance needs are. We’ll train your directors on statutory duties, and new directors as part of their induction. We can also draft sections of your annual report, strategic report or Chairperson’s script, and offer advice and guidance on the application of new corporate governance legislation, regulation and code.
See Also Business Regulatory Service
CEO Advisory Services
Governance best practices
CEO Succession Advisory
Pre-IPO board development
Board committee evaluations
Executive Assessment Advisory
Board training and development
Strategic and succession planning
Merger and Acquisition Consulting
Board effectiveness and assessment
Director Recruitment and onboarding
Board composition and compensation
Leadership succession and development
Board, committee and director evaluations
Reference checking and board compensation
Development of board support tools including board documents, policies and processes
Each organisation determines the roles and responsibilities of its advisory board to enable it to achieve its goal. However, suggested roles for advisory board members include but not limited to the following:
To develop an understanding of the business, market and industry trends
To provide good guidance on issues raised by owners/directors or management
To encourage and support the exploration of new business ideas
To act as a resource for executives
To provide a social networking platform for directors and the company
To encourage the development of a governance framework that enable the sustainable growth of the company
To monitor business performances while challenging the directors and management to consider options that could improve the business
Having an advisory board is one practical way of filling the competencies gap that a startup may have. Some benefits of having an advisory board are:
To benefit from the skills and knowledge of advisors who have practical experience in growing a business
To enhance the company’s reputation and credibility in the business environment
To increase the confidence the consumer and investor has in the organisation
To attract superior employees by demonstrating a commitment to company growth
To create a potential source of members for the ‘main’ board as the company grows
For all your Board Advisory Services, please call 08023200801 or 08075765799 or email email@example.com. Alternatively, you can fill the contact form below