Advisory Boards Come of Age (w/ Louise Broekman)

Corporate Purpose
Leadership
Corporate Governance

Advisory Boards Come of Age (w/ Louise Broekman)

There’s not a person or organization out there that couldn’t do with some good advice, particularly in times like these. Perhaps, therefore, it’s no surprise that organization’s the world over are reaching out and establishing Advisory Boards as a way of bringing outside expertise in. This rush for talent and insights should come as no surprise. Companies, large and small, are inundated with a new set of complex challenges. They’re asking questions, like: How do I build a cyber-security network to stave off hackers? What does it mean to use artificial intelligence ethically? Or, how do we, as an organization, create diversity and inclusion policies to attract the next generation of talent? You might say this is the job of the leadership team. But who’s going to run the day-to-day business if these kinds of issues keep popping up? Some say, it’s the responsibility of the Board of Directors. Aren’t they supposed to see problems arising before they happen? They are. But oftentimes, they don’t. There are reasons for this, and it all comes out in my conversation this episode with Louise Broekman, Founder and CEO of the Brisbane-based Advisory Board Centre.