How Effective Is Your Advisory Board?
At our first mini-conference, Susan Hammond president of scHammond Advisors, gave a very powerful presentation on creating powerful organizations. She gave several tips on creating advisory boards, and how to make your current one powerful and strong. The following video is a clip from this presentation on setting advisory board expectations. If you would like more information on Susan’s Advisory Board Kit click here.
A transcript of the clip is below the video.
I think the other thing that boards don’t do, both the executive director and board chair, tip number 3, is set the expectations and review them regularly. What are our roles and responsibilities?
When I get on a board I usually say to them “Look this is what I’m interested in trying to accomplish while I am here. Does this meet with what you want to get done and if you are not ready what else do you have for me to do? I’m not just happy showing up at board meetings.” Any of you that are Executive Directors are probably thinking, “how do I get her on my board”. I’m very picky these days.
I believe and I use something like this for my advisory boards that I help form and facilitate something called a board contract. If you go out to something called compass point or blue avocado, which is the newsletter, they just did an article on board contracts. It’s not a legally binding contract, but it really is a way to state what you expect of the advisor, what the roles and responsibilities are and what you as the board chair and board director or CEO are going to do in turn. So it’s kind of whose doing what.
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