AB CHAIR
AB Chair Services
Regenerating the CEO's Capacity
Goals of Advisory Board (AB) Chair
- CEO confidentially shares the burden of asymmetric information with the AB Chair who helps him/her prioritize and focus on the right problems
- AB Chair advises the CEO through regular calls and, when necessary, he convenes and manages the entire process of getting additional advice from the most competent and independent minds
- AB Chair coaches and follows through with EXECS who are accountable for implementing the solutions proposed by the AB and he liaises with BOD members when necessary
- AB Chair takes over the management responsibility for existing Advisory Board members including performance management. It frees up precious CEO time and significantly improves AB productivity.
Certification
The Certified Chair™ Executive Program of The Advisory Board Center is a unique qualification designed to support the evaluation, implementation and chairing of advisory boards, executive committees, councils, panels or board-level meetings. There are 900 Certified Chairs worldwide (less than 50 in North America).
Activities, Cost, and Outcomes
One-Time Activites
- Business diagnostic and prioritization
- Charter drafting for AB
- Charter finalization with CEO/BOD
1-2 days
Recurring Activities
- Regular calls with CEO (structured updates, peak performance coaching)
- Problem Research, Thinking, Networking
- Stakeholders' alignment
- Advisory Meetings - prep and moderation
- AB Performance Mngt, Rotation/Selection
Chair : 1-2 days per month
Pop-up Advisors paid by the hour
Key Outcomes
- Better Strategy decisions by accessing the wisdom of experienced Chair and Advisors
- Better People decisions - impact everything
- Better Fund Raising outcomes because 1. 2.
- Better Stakeholders management
More satisfied Board of Directors and investors
Chair Return on Investment (ROI)
Get key outcomes above for approximately half the annual price of an entry-level employees.
