The Director's & Officer's Guide to Advisory Boards

By Robert K. Mueller | Go to book overview
Save to active project

The (statutory) board should explicitly accept or reject council recommendations made to it, if any, and the board's minutes should be certain to document its acceptance, rejection, or decision to take no action;

It is unlikely that all the council's suggestions will be brought before the (statutory) board, but even suggestions that are not submitted should be covered by file memoranda. These records document the council's independent thinking and affirm its separation from the board. 3

My experience with advisory boards has been much more informal in the structure, process, and linkage with the advisee organization with a minimum of paper trail involved. The legal points suggested have been carefully set forth in the advisor's contract with each individual advisor. His or her obligations and liabilities in the relationship are carefully spelled out to ensure distinction between the advisory role and any statutory board role.


NOTES
1.
See H. Igor Ansoff, "Conceptual Underpinnings of Systematic Strategic Management," European Journal of Operational Research 19 ( 1985), pp. 2- 19, for an interesting discussion oh strategic or adaptation activity of the firm in the changing environment.
2.
For further discussion on the treatment of complexity, see John D. C. Little , "Research Opportunities in the Decision and Management Sciences," Management Science, 32, 1 ( January 1986), pp. 11-13.
3.
Fred A. Tillman, "Commentary on Legal Liability: Organizing the Advisory Council," Family Business Review 1, 3 (Fall 1988), pp. 287-88.

-35-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited page

Bookmark this page
The Director's & Officer's Guide to Advisory Boards
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 282

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?