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

By Robert K. Mueller | Go to book overview

6 SPECIES OF ADVISORY BOARDS

My current service on several international corporate and educational advisory boards and past service on ten editorial, professional society, financial service, and industrial company advisory boards or councils leads me to appreciate the expert and referent power of such resource groups. Review and guidance of corporate activities is as ancient a function as the organization of human groups. Anthropologists point out the similarities between our modern corporations and the original tribal organizations. Many of the same basic tribal principles are retained in the contemporary corporate form. Both tribes and corporations function with review and guidance from one or more councils of elders. Both tribes and corporations avail themselves of advice and direction from "men and women of knowledge." According to consulting psychologist, Keith D. Wilcock, the terms, "headshrinker, high- powered attorney, financial wizard, fetisher, brujo, bara'u, sorcerer, consultant, shaman, doctor, medicine man, prophet, and priest" as well as "sorceress, witch, priestess, and prophetess all refer to archetypal roles common to tribes, modern and primitive, past and present, throughout the world." 1

I have been exposed to a number of different role model species.


INTERNATIONAL ADVISORY COUNCILS

Foreign nationals provide local political, social, economic, industry, and business "gray power" viewpoints and network contacts. Lyndon B. Johnson once hankered: "I wish there were some giant-economy size aspirin that would work on international headaches. But there

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The Director's & Officer's Guide to Advisory Boards
Table of contents

Table of contents

  • Recent Titles from Quorum Books ii
  • Title Page iii
  • Contents v
  • Tables and Figures vii
  • Preface ix
  • Introduction 1
  • 1 - Advisors Unlimited 9
  • Notes 26
  • 2 - Driving Forces 27
  • Notes 35
  • 3 - Counseling Versus Consulting Versus Mentoring 37
  • Notes 41
  • 4 - Role of an Advisory Board or Council 43
  • Notes 64
  • 5 - Activity and Societal Scan 65
  • 6 - Species of Advisory Boards 77
  • Notes 88
  • 7 - Weak-Signal Governance/Early Warning Advisory Systems 89
  • Notes 101
  • 8 - Advising Non- Profit-Seeking Versus Profit- Seeking Organizations 103
  • Notes 108
  • 9 - Care and Feeding of Advisory Boards 111
  • Notes 121
  • 10 - Insurance, Indemnification, and Contractual Matters 123
  • Notes 134
  • 11 - Advisory View of Corporate Strategy 135
  • Notes 148
  • 12 - Advisory Board Perspectives: Stakeholder Strategy 149
  • Notes 170
  • 13 - The Power of Advisory Board Networks 173
  • Notes 187
  • 14 - Advising the Family Business Board 189
  • Notes 201
  • 15 - Cultural Realities Facing Advisory Boards 203
  • 16 - Advising on Nonprofit Trusteeship Pathologies 223
  • Notes 240
  • Appendix ADVISEE SEARCH: GETTING INVITED TO SERVE AS ADVISOR 241
  • Notes 255
  • SELECTED BIBLIOGRAPHY AND REFERENCE READING LIST 257
  • Index 263
  • About the Author 279
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