Episode 32 - How to build and leverage an Advisory Board

Welcome to Black Belt Leader.

I’m Karen Gately, Founder of Corporate Dojo.

On the show today we will be looking at the benefits of an advisory board and how business owners can put the right advisory team in place to better drive business outcomes.

· 74% of businesses appointing an advisory board do so to assist with growth strategies.

· A further 17% are tapping into the independent expertise delivered by an advisory board for succession planning.

 

The key drivers for appointing an advisory board are:

· Growth (74%)

· Succession planning (17%)

· Increasing asset value of the business (5%)

· Sustainability of operations/business model (5%)

Watch Black Belt Leader live on #TickerTVAU Tuesday's at 11.30am.

 

Tags: Advisory Board Culture Difficult conversations Employees Opportunity Organisation Workplace