When the requirement driving a non-executive appointment is for strategic advice, rather than governance, clients sometimes turn to alternative mechanisms to create a source of experienced guidance and opinion for their leadership teams.
Advisory Boards, correctly structured and led with clear objectives, offer a flexible means of attracting the attention, time and input of talent that would otherwise be unavailable to many businesses.
Lancor’s Partners have built Advisory Boards both for early stage companies seeking to position themselves in new markets or geographies, and for large established public companies.