Advisory Boards Can Help Shape
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Advisory Boards Can Help Shape Organizational Thinking PowerPoint PPT Presentation


An effective board of advisors is a powerful asset that can shape organizational thinking and make a huge difference when companies need objective advice, to gauge future trends and seek new strategic positions. Advisory boards can be general in scope or targeted to specific markets, industries or issues.However, the effectiveness of an Advisory Board depends on a few critical factors like the objective of its formation, the composition, correct financial compensation as well as the commitment of the CEO and senior leaders on spending dedicated time with the board. Top executive search firms in India, like Cornerstone India, specialising in HR advisory services, can help organizations meet the three critical criteria (outlined above) for organizations interested in mining the benefits of effective advisory boards.At Cornerstone India, qualified talent turns to us to place them in various Advisory Board capacities. As one of the firms specialising in leadership hiring, our consultants are well equipped to meet the challenges of selecting talent that can complement and provide substantial advice to the leadership team, keeping in mind the broader interests of the company and its shareholders.India 24/7 Hotline. Tel: 91 8010772772Mail us: [email protected] FB Page : https://www.facebook.com/CornerstoneCXOsearchAdvisoryTweet US : https://twitter.com/CornerstoneIndiPIN it : http://www.pinterest.com/cornerstoneind/G Profile : https://plus.google.com/ cornerstoneindia/postsWeb URL : http://www.cornerstone.co.in/

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Advisory Boards Can Help Shape Organizational Thinking

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Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape

Organizational Thinking

Tel: +91 8010772772 ,

[email protected]


Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape Organizational Thinking

An effective board of advisors is a powerful asset that can shape

organizational thinking and make a huge difference when companies

need objective advice, to gauge future trends and seek new strategic

positions. Advisory boards can be general in scope or targeted to

specific markets, industries or issues.

Especially in the case of MNCs, with complex business as well as

difficult policy and regulatory challenges, advisory boards with

experience of the local market, can not only help think through these

issues, but also provide access to policymakers and policy influencers.

Tel: +91 8010772772 , [email protected]


Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape Organizational Thinking

Advisory boards can also add value to localizing the business model

– products to be introduced; pricing strategy; product adaptations

for the local markets; and help MNCs find the right balance between

being ‘mindlessly global and helplessly local’.

Dependable Advisory Boards can provide tremendous confidence to

CEOs and senior leaders at company headquarters, being an extra

set of eyes and ears on the ground, providing a crucial perspective

on opportunities, risks and challenges.

Tel: +91 8010772772 , [email protected]


Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape Organizational Thinking

However, the effectiveness of an Advisory Board depends on a few

critical factors like the objective of its formation, the composition,

correct financial compensation as well as the commitment of the CEO

and senior leaders on spending dedicated time with the board. Top

executive search firms in India, like Cornerstone India, specialising in HR

advisory services, can help organizations meet the three critical criteria

(outlined above) for organizations interested in mining the benefits of

effective advisory boards. It is not always important to stock the board

with heavyweight profiles, rather the members should be chosen on the

basis of their particular expertise and fit to the organization.

Tel: +91 8010772772 , [email protected]


Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape Organizational Thinking

An important aspect of choosing an Advisory Board is financial

compensation, as this is a delicate matter. While the financial

compensation needs to be adequate, it should not be perceived as

being too high and inappropriate. Executive search consultants in

India, with experience of board consulting services, can be the right

and effective conduit to design the right financial compensation

model for any Advisory Board.

Tel: +91 8010772772 , [email protected]


Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape Organizational Thinking

In addition, while Advisory Boards are strictly independent advisories,

the discipline of a statutory board must be brought into play to ensure

value addition to the business from such an HR investment. As they

represent a significant commitment of time and energy, a good advisory

board can be extremely valuable, if chosen well with the top executive

search firms in India. While MNCs can definitely benefit from the

expertise of a local Advisory Board, even Indian companies can use them

effectively to grow market share and develop business.

Tel: +91 8010772772 , [email protected]


Advisory boards can help shape organizational thinking

Advisory Boards Can Help Shape Organizational Thinking

At Cornerstone India, qualified talent turns to us to place them in

various Advisory Board capacities. As one of the firms specialising in

leadership hiring, our consultants are well equipped to meet the

challenges of selecting talent that can complement and provide

substantial advice to the leadership team, keeping in mind the

broader interests of the company and its shareholders.

Tel: +91 8010772772 , [email protected]


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