Advisory Board Knowledge Quiz #4: Actions of CEOs with Successful Advisory Boards

CEOs with successful advisory boards do which of the following? Circle all that apply.

1. Accept constructive criticism.
2. Ignore the recommendations made by the advisors.
3. Communicates with advisors in between meetings.
4. Periodically clarifies each advisor’s and the CEO’s goals & expectations
5. Publicly acknowledges the advisors, helping to build their network of contacts.
6. Terminate ineffective advisors.

Check back next week for the answers and the next quiz.  The answer to Quiz #3: a, b, d, & e.

Look for the Advisory Board Kit, A Comprehensive Guide to Establishing an Advisory Board , to be published this month. Please check the site in the coming weeks for order information and related teleclass information.