Strategic advisory boards represent a growing trend. In complex and rapidly changing environments, external advisors can bring outside-in perspectives and independent advice that complement executive management and the formal board. Advisory boards provide access to specialized expertise and strategic insight across areas such as industry developments, digital and technological advances, consumer behavior, business transformation, an entrepreneurial mindset, and sustainability-related trends and challenges.
Odgers partners with the world’s most respected companies to build advisory boards from scratch and help them address their most pressing strategic issues. We use an integrated approach to help clients define advisory board purpose, mandate, composition, and dynamics, as well as identify the most suitable candidates for each role:
- Purpose & Mandate – We develop a clear understanding of the advisory board’s purpose, goals, agenda, and how it adds value to the organization.
- Structure & Processes – We design a clear framework for how the advisory board operates, including its structure, working processes, and supporting resources.
- Profiles & Candidates – We define the ideal mix of experience, skills, and competencies and identify candidates who match the organization’s strategic needs.
- Dynamics & Onboarding – We establish effective ways of working and a structured onboarding process that supports strong collaboration and early value creation.
We provide an independent, professionally guided process, benchmark against best practices, and leverage our global candidate network to ensure that the advisory board fulfills its strategic potential.
