Advisory Boards
Professionalising the business
Chase helps business owners professionalise their business to ensure long-term sustainability and maximise efficiency. We help establish the advisory board to give considered advice and recommendations.
Professionalising the Business – Establishing the Advisory Board
Advisory boards serve a unique role for businesses. Advisory boards are a group of suitably experienced people appointed to give considered advice or recommendations. They are distinct from a board of directors.
The advisory board is an effective way for organisations to access independent external advice to support their purpose and strategy. They draw from their expertise to offer insight and act as a sounding board and support to the owners and managers. Advisory boards are flexible, their charter is designed to suit the individual needs of the business.
Board of directors are responsible for the organisation’s performance and conformance with legal and regulatory requirements.
How Chase Helps Establish the Advisory Board
Professionalising the organisations is taking a business to the ‘next level’ which is a critical success factor when organisations are experiencing growth and managers are recruited to work in the business. The process of professionalising the business is the recognition of the importance of motivated, well-informed and talented people within the business as well as putting in place developed plans and systems to monitor performance.
An advisory board provides a practical pathway for an organisation to navigate through the impacts of COVID-19 with independent professional advice. Chase combines it practical experience with advisory boards and business planning to provide advice to the business owners and founders. We can help organisations by recommending the professional advisory board structure for their business.
Our advisory board expertise includes:
The establishment of an advisory board to contribute significantly to the professionalism of the business by providing sound, objective advice.
Establishing the Advisory Board Charter.
Formal monthly business review meetings and performance reporting.
Our business mentoring expertise includes coaching business owners and managers on:
Business and strategy plan implementation.
Operating plans and methods that guide the process of interaction within the business.
Strong, competent management at all levels to support the plans and, importantly, the people capable of implementing them.
Articulated performance expectations that develop clear, well-defined goals, KPIs and expectations for the management team.
An appropriate reward and compensation system to provide management with certainty rewards that are provided upon performance
How Can We Help You?
Chase establishes advisory boards and coaches and mentors executives to professionalise their organisation, with a focus on good governance. Contact us today.
Our Work with Clients on Professionalising the Business
