Most frequent questions and answers
An advisory board is a group of experts who lend their skills, guidance, and knowledge to an organization (corporation, nonprofit, or association). In short, an advisory board serves the purpose of its name—to offer advice that helps an organization grow and achieve its goals.
The purpose of most advisory boards is to help the organization gain new insights and advice to solve business problems or explore new opportunities by stimulating robust, high-quality conversations. The role of an advisory board is not to make decisions, but rather to provide current knowledge, critical thinking and analysis to increase the confidence of the decision-makers who represent the company.