If you own or run a business and are unsure what an advisory board is or how it can help you, I want to talk to you about it.

12 months ago I had no idea what an Advisory Board was and how it could benefit me or my business

Fast forward 12 months and I am now a Certified Advisory Board Chair and am an absolute advocate of Advisory Boards.

Becoming certified as an Advisory Board Chair is one of the BEST things I could have done. I am passionate about adding value and helping business so learning this skill set has been a game changer for me.

And if I had known about them when I was running The Healthy Mummy, then I would have 100% put one in to help me accelerate the growth of the business and also to help me navigate through very tricky times.

So let’s get down to the basics

Let me break down some facts about Advisory Boards 

An advisory board is like having your own specially selected team of independent experts on hand – and at a fraction of the cost of individual consultants.

Unlike a Board of Directors, they have no fiduciary responsibilities. They are problem-solvers, not decision-makers. Their role is to help you succeed by bringing the benefits of their wide-ranging experience and expertise to your business.

With the right mix of experts, a good advisory board empowers you to:

  • Uncover new opportunities for your business
  • Increase sales and productivity
  • Keep up-to-date with markets trends
  • Raise capital, refinance or restructure
  • Avoid potential pitfalls
  • Make profitable connections and partnerships
  • Plan for succession
  • Encourage and support new ideas
  • Challenge existing operations
  • Enhance the reputation of your organisation

Sounds good right! If you do need help in certain areas of your business I would thoroughly recommend looking into an Advisory Board as it can really pay dividends.

And if you would like to contact Rhian about working with her as a Business Advisor, an Advisory Board Chair or a Business Mentor, please contact her on Rhian@rhianallen.com

The Certified Chair Executive Program™ is the leading Executive education credential globally developed specifically for the advisory sector.

Participants gain in-depth knowledge to support the implementation, evaluation and chairing of advisory boards, executive committees, councils or board-level meetings. Supported by current research and impact assessment, the Certified Chair™ Executive Program incorporates the ABF101 Advisory Board Best Practice Framework™, Ethical Engagement and practical knowledge for the advisory sector.

As the developers of the ABF101 Advisory Board Best Practice Framework™, the Advisory Board Centre is the sole organization authorized to deliver authenticated education and resources for the Advisory Board Best Practice Framework™ including the Certified Chair™ credential.