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Advisory Board best practices at hand - part II (2024)
This second part of the study focuses on the specifics of the German and French markets.
Advisory Board best practices at hand - part I (2023)
Leaders have always surrounded themselves with independent councilors to advise and assist them in running their businesses. Advisory boards play an increasingly important role in today’s corporate governance. The use of advisory boards in companies has not decreased. In fact, it is on the rise, especially in Germany and the United States. Advisory boards enable corporate executives and board members to fill gaps in their expertise, advance their strategic goals by providing a long-term perspective, and navigate growth cycles, while benefiting from critical, thoughtful, and, most importantly, independent advice.
Regardless of the path chosen, governance that is adapted to each stage of a company’s development is designed to create long-term value and to foster the coalescence of talent around a common project.
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