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Conversation: Is An Advisory Board Useful?

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May 16, 2018
6:00 pm - 8:30 pm
$25.50 – $30
Event Category:


Moral Fairground
0409 943 254


Donkey Wheel House – The Difference Incubator TDi
673 Bourke St
MELBOURNE, Vic 3000 Australia
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Conversation: Is An Advisory Board Useful?

Do you have all the skills your business needs to grow and scale? Are you as well connected as you would like to be? Are you suffering from myopia and require an external perspective?

Have you considered surrounding yourself with a group of mentors, an advisory board, who collectively can give you advice, recommendations, and accountability?

Alternatively, maybe you have been asked to be on an Advisory Board for a social enterprise or business.

The question is, do you know what’s involved?

What are the expectations? What are the rewards? What are the downsides? There are many sides to this relationship, the board, its members and the entrepreneurs?

Advisory Boards are like a mixed bag of lollies – each bag can be entirely different from another. What can Advisory Board look like?

“Advisory boards (also known as advisory panels, advisory committees, advisory councils) are a group of suitably experienced people appointed to give considered advice, recommendations or counsel in connection with a business, corporate or any other organisational purpose.

Advisory boards have no binding decision making authority or executive function in the context of the relevant business, corporation or organisation.” Australian Institute of Company Directors

Tonight’s conversation starter: Business owner Nicole Lamond Universal Village shares her experience of working with two different Advisory Boards over the years.

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