Work with Me as Your Advisory Board of One
Not every company is ready for a formal advisory board. But you may be ready to engage the rigor, process and focus that an Advisory Board requires of you. For those situations, I serve as your Chair and Advisory Board of One.
Different than a coaching engagement, working with me as your Advisory Board of One is very similar to forming an Advisory Board and engaging a quarterly meeting and reporting rhythm and in the months in between working on the specific decisions and directions made in the process.
Advisory Board of One Process
The starting step is to determine if we are a good fit. Review my capabilities and credentials as well as the process I engage to see if we should have an initial conversation. I'll ask you a lot of questions that will help me clarify whether I can think I can help. If so, we'll mutually agree to proceed.
Initially, we'll engage the Board Starter Program that defines the priorities for the Advisory Board. We'll clarify benchmarks that allow us to see progress in the future. We'll draft and finalize an Advisory Board Charter. We'll set the course for the next year or so.
Then, we'll implement and engage the process. We'll meet quarterly for the Advisory Board Meeting. I'll be the Chair and the Advisor. You'll create a Board Report and you'll present your progress. We'll process challenges, opportunities as well as decisions you need to make. I'll ask you to think differently, process questions and options you may not have considered.
In the interim months we'll engage the things that came out of the process. My role is to continue to be a mentor to you through the process, clarify commitments and provide a structure of accountability.
After a full year, we'll know whether it makes sense to evolve into a full, formal Advisory Board where we engage other Advisors. But all the foundations will be in place. You'll have the yearly rhythm and related requirements solidified and will be ready to gain the full benefits from this next step of the process.
Advisory Board of One Term & Fees
The term of our engagement for an Advisory Board of One will be one year.
My fees for an Advisory Board of One are the same as if I were forming and acting as your Independent Chair for a full board engagement. That fee is $3500 per month. But, I'm willing to consider options for people and companies I believe in.