Tag Archives: Board of Advisors

Why Hire a Consultant When an Advisory Board Will Do?

I would argue that had the company had an advisory board in place the lack of owner profitability would have been discussed and the incorrect pricing model uncovered. This points to another value of the advisory board…for short money (or sometimes no money) a business owner can get the skills needed without engaging a consultant and paying the consultant’s fees. Continue reading

Posted in Advisory Boards, Financial Intelligence, Operations | Tagged , , , | Leave a comment

Six Characteristics of Great Advisors

Great advisors and fiduciary board members share at least six characteristics. Continue reading

Posted in Advisory Boards, Board of Directors, Governance, Nonprofit Governance | Tagged , , , , | 1 Comment

How to Best Use Your Advisors

How can a CEO with an advisory board best utilize the advisors? Ask, Know, Engage, Pay, Respect, and Accept Constructive Criticism. Continue reading

Posted in Advisory Boards, Governance | Tagged , , | Leave a comment