Whether you’re a small company owner or a CEO of a large organisation, an advisory board is a great aid in the process of your business growth. This informal group of specialists shares their expert knowledge and experience and provides valuable strategic advice to the management, which significantly improves the decision-making process and prevents making mistakes.
Advisory board function
The main function of an advisory board is offering assistance to businesses with any action, from marketing to influencing the direction of regulators, to managing human resources.
Advisory board could also provide non-biased advice and information to business owners, as they are a part of an external group. When you start a new enterprise, then you might not want to establish a board of directors with formal authorities and responsibilities. In this case, board advisory comes in handy. An advisory board constitutes a team of non-executive directors, who do not have a majority vote on the most important cases, but still can provide you with effective guidance.
Stakeholders and individual directors are directly linked within the business and are often CEOs, founders, lead investors, directors, and other senior executives. Sometimes they are professionals whose competences embrace the production or services sector, but they need guidance when it comes to their governance practices.
Board advisory can be implemented in various different areas, like: medicine, science, technology, citizen participation, editorial policy, and many other topics.
Why does your business need an advisory board?
External advisors are appointed by the business CEO due to their knowledge and direct experience in problem-solving, as well as their ability to explore concepts, options and push companies in a strategic direction.
Board advisory services prove to be very beneficial to organisations of any size and industry. They work as an independent sounding board to the management and have no right to vote on important matters, nor do they have any legal liabilities within the company. However, due to their members’ long experience, valuable skills and expert knowledge, they can:
- provide independent non-binding advice and counsel to the management,
- build business reputation and credibility in the market,
- provide high-profile contacts to help your business grow,
- increase consumer and investor confidence.
Silicon Cities advisory boards to improve your corporate governance
Board advisory services are designated for CEOs to keep sustainable growth and good operating environment in their companies. A well-structured advisory board allows for testing people’s strategic thinking and gives access to connections or expertise that may not be commonly available via other means.
Our advisory boards focus on assisting our clients to increase their organisational and Board performance, to drive a sustainable future for the benefit of all the company owners and stakeholders.
Silicon Cities board advisory services are provided by experts with many years of experience in multiple business disciplines across a wide range of industries, providing strong competitive directors in the advisory sector. Our team will help you analyse the strengths and weaknesses as well as the structure and operation of your business management board and help you create the best strategy plan for the growth of the company.
The key role of our advisory board is to provide professional expertise, innovative advice and dynamic solutions to improve your company management, monitor business performance, guide you towards the success and help you achieve your goals. Our expert advisors will help you make the right decisions and also provide training in management, risk assessment and effective strategy planning.
Save your time and resources and choose our advisory board services to build a strong successful organisation. Contact us for details.
Our customers say
Victor and I have worked together for 12 months in a consulting alliance capacity providing strategic recruitment & project management advice, as well as assisting in providing tech professionals in a timely manner. I have used Victor’s Service from Silicon Cities Consulting & Advisory for the past 12 months.
I am very comfortable in recommending Silicon Cities Consulting & Advisory. Silicon Cities Consulting & Advisory is a very dedicated organisation which helps organisations in solving challenges in hiring in a timely manner & improving results.
I witnessed how Silicon Cities Consulting & Advisory is in solving project management problems & improving quality & on time delivery of projects.
I recommend Silicon Cities Consulting & Advisory to any business looking to solve their problems in project management & improve performance.
Silicon Cities Consulting & Advisory has helped my company within the past 9 months improve project management quality by 36% & delivery timeframe by almost 25%. I am also very grateful to Silicon Cities Consulting & Advisory who has helped increase my revenue through Business Development Strategy & Execution by 28% in Australia & 19% in the United States of America. I highly recommend Silicon Cities Consulting & Advisory to any Organization facing project & market expansion problems & challenges.
Silicon Cities Consulting & Advisory has transformed Rafiko Cars & Logistics to another level, from a logistics startup to a global company. I am very impressed with the high-quality software development and automation projects that were delivered with high-quality work and timely manner. This in turn has cut inefficiencies by 80%. The Project Management was delivered to superior quality and within the specified timeline. Victor Marco from Silicon Cities Consulting & Advisory is very enthusiastic, dedicated, and proactive in ensuring projects are delivered successfully. He also displayed a high level of attention to detail in the innovative strategy and execution, preparation & launching, and finding the right talent, tools, and resources for my projects. I am also impressed with how he executes strategy & his business development capabilities which helped increase my company’s revenue by 39% in the last 12 months. I therefore strongly recommend Silicon Cities Consulting & Advisory for anybody seeking a project manager, software developer, or business development strategy advisor on a local or international level.
- McCorkell & Associates
- Midas European Consulting
- Rafiko Cars and Logistics LLC
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Frequently Asked Questions
An advisory board is less formal than a board of directors, and it has no legal liabilities. It is formed to support the management, provide expert advice and bring valuable skills and knowledge to the company.
An advisory board is a good choice when a company needs fresh perspective, expert advice and new high-profile contacts. A professional board of advisors would have years of experience and valuable knowledge, useful skills and connections which may be extremely beneficial during the process of business development and growth.
Silicon Cities advisory board services are within the affordable budget. Our prices vary depending on the individual requirements and the complexity of the service. Please contact us to discuss the details.