Should you renew your Board?
As a business owner, it’s vital to the long term success of your business that you have a high impact board. To provide constant input on strategic aspects of your business. There is a variety of issues that can take your business from success to failure and having...
What Every High Impact Advisory Board Has
Advisory boards and corporate boards always play a critical role in a company's success. These bodies may help such entities make crucial decisions about numerous different topics. The first and most important step is to define the know how the company needs to be...
Should the CEO be the President of the Board
One of the core requirements for a U.S. corporation is that it has a board of directors that oversees business activities while protecting the interests of shareholders. A chairman, who in many cases is also the CEO, heads the board. Here are reasons why the CEO and...
How Advisory Boards Make a Huge Difference for Privately-Owned Companies
Advisory boards can be extremely beneficial for any type of company. If your business does not already have an advisory board, it’s certainly worth considering starting one in order to benefit from it. At Advisory Board Architects (ABA), we work with companies of all...
5 Ways to Improve Your Strategy for Creating an Advisory Board
Previously, I’ve addressed how to create an effective advisory board. Now, I’d like to place more focus on how to improve your strategy for creating an advisory board. There are certain steps to take in order to just create the board itself, but before searching for...
6 Ways to Continuously Evaluate Your Board
As your business grows, your advisory board needs to grow with it. It simply is not enough to create your board and then allow it to stagnate. If you want an effective and high impact advisory board, you must periodically evaluate it. If you’ve never worked with an...
5 Tips for Engaging Your Board
In order for your board to actually make a difference for your business, you need to keep its members engaged. You want a high impact board that helps your business grow and thrive. Too many people approach their advisory board as something they can just create and...
What a High Impact Board Looks Like
In order to have the most effective advisory board possible, you need to focus on having an impactful board. A high impact board means more than simply finding great board members and trusting they will take care of what needs to be done. To achieve a high impact...
How to Create an Effective Advisory Board
If you choose to utilize an advisory board for your business, which you should because it has plenty of benefits, it’s important to understand how to turn your board into a high impact board. as effective as possible. Creating a great advisory board is more than...
6 Tips for Facilitating Communication with Your Advisory Board
When you create an advisory board for your business, in order to gain the most from each other, one of the most important aspects is to understand the importance of communication and how to facilitate it. In any relationship, communication is vitally important. In...