Advisors Collective at Wonder of Women Event
Wonder of Women (WoW) turns 5 this year! This inspiring initiative brings together powerhouse, empowered women doing meaningful work to uplift other women. The Advisors Collective is honoured that three of our Certified Chairs™ and Advisors – JK Koh, Jo Ng and Aaron Kong – are panellists at their fireside chat.
Advisory Board in SMEs
A review of the paper “Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises”, edited by Hsi-Mei Chung (I-Shou University, Taiwan) and Kevin Au (Chinese University of Hong Kong), 2021., reveals the following about Advisory Boards in SMEs. SMEs often face issues where they face growth challenges as a result of their inherent focus on creativity and […]
Are Advisory Boards relevant for large corporations?
Absolutely! There are many large organizations that have successfully implemented Advisory Boards. Having said that, there are clearly more considerations when developing a corporatized Advisory Board structure. Fundamentally, the purpose of a corporatized Advisory Board is to support the Governance Board, the Management, or both. Considerations include developing a clear Advisory Board Charter, reporting relationships […]
How are Advisory Boards Different?
Advisory board members are chosen for their expertise in specific areas. In contrast, governance board directors are elected by shareholders and have fiduciary duties. This crucial distinction ensures that advisory boards remain focused on providing strategic insights, offering non-binding guidance, while governance boards have legal responsibilities. Governance boards oversee the organization’s long-term objectives and compliance […]
How can Advisory Boards deliver Impact?
Advisory Boards serve as a valuable asset for companies seeking strategic guidance. The support they provide business leaders help them navigate complex challenges and ambiguity with greater confidence. The insights provided by Advisory Boards often include areas like market trends, competitive landscapes, and growth opportunities. By leveraging such expertise, companies can make informed more strategic […]