ADVISORY BOARD MANDATES
Solving your strategic challenges
An advisory board is often an area that is overlooked by many businesses but can be a game changer. It contributes to the overall strategic guidance of the company, and can also be enriched by specific sector experts. Members are experienced independent senior executives with diverse backgrounds who contribute valuable insights to shape the company's long-term direction and goals.
Advisory boards have no formal authority and responsibility, and their members are not company directors. They do not take legal responsibility but provide guidance and advice to the Board of Directors. They help companies make tough decisions that members of the board of directors acknowledge but are not willing to speak or push through.
Our Advisory Board mandates are the most challenging, adventurous, and senior mandates in our portfolio. They are suitable for top-level C-suite executives, range from a few hours to a few days per month, and can span over several years.
Main Focus areas
A significant part of our projects are performed for international Private Equity or Venture Capital funds. Depending on the stage of the deal flow, or the current situation in the portfolio company, the focus lies mainly in the following areas:
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Accelerated Scale-up, Market entry, International Expansion
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Operational Excellence, Performance Improvement
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Crisis Management, Turnaround, Distressed Assets
The benefits of a strong advisory board
Governance and Sustainability
The supervisory board monitors the performance, and compliance, manages the risks of the company, and its adherence to the agreed strategy, and ensures that the interests of the shareholders and stakeholders are protected.
The members of the supervisory board provide oversight and guidance to the board of directors, who are responsible for the day-to-day operations and decisions of the company.
New Outside Perspectives
Advisory board members give frank non-binding objective advice from outside the company. They challenge the assumptions and decisions of the management board and suggest new ideas and opportunities.
The board of directors often makes decisions under pressure to please shareholders and other stakeholders. The advisory board members are under no pressure, and their main purpose is to tell the truth as it is.
Enhanced Credibility
Having an Advisory Board demonstrates the company's commitment to sound corporate governance, transparency, accountability, and social responsibility.A good example is Dr. Manmohan Singh, an advisory board member of Toyota, who later became the prime minister of India.
Broad Network
Members of the advisory board bring a lot of connections to the company, which is beneficial in expanding reach and influence, generating leads, and brand awareness, or making the necessary business introductions to important stakeholders.Such a broad network generates access to insights and trends from various industries and brings best practices from sector experts.
CE Interim: Cross-cultural Executive Interim Management
We design and implement individual project-based business solutions and together with our industry experts lead companies through transformations to unlock their full potential.
Our Partners stands personally by your side from the project definition, evaluation of the interim manager, through the whole project, until completion, and hand-over, to ensure the agreed objectives are achieved and stay within your organization.
Our Executive Interim Managers have local or international backgrounds, they have studied, lived, and worked in various countries and go through rigorous evaluation processes following a methodology specifically designed for demanding cross-cultural interim missions.
Over the recent decade, we have performed hundreds of successful missions predominantly in Central and Eastern Europe, but also in Asia, the Middle East, and the USA.
