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Career-Defining Moments
The Wall Street Journal's 50 Women to Watch 2008 pinpoint the key turning point, decision, or career move that changed everything for them. What was yours?

Other economic advisory board Related Articles

PDF Your Board Package
Thankfully I no longer get fedexed binders of board packages from my portfolio companies in advance of a board meeting. Through the modern miracle of email, the board packages show up in my inbox – hopefully a few days (rather than a few hours – or even minutes) before the board meeting. The board packages tend to show up in three different formats – one that is easy to deal with, one that is ok, and one that sucks.
Board Meeting Rules
Following are some board meeting rules that were recently presented to me and my fellow board members by a CEO at one of his first board meetings at a newly funded early stage company. I thought they were brilliant. Feel free to pass them out at your next board meeting.
How To Create An Advisory Board
“How do I go about creating an advisory board for my business?”
A Strategic Look At Dos and Donts of Board Meeting Minutes From Your Strategic Thinking Business Coach
Do you serve on a board of directors and experience significant inaccuracies and inconsistencies in board minutes? Do you know that board minutes are really a very important resource to governing boards? Minutes of board meetings provide evidence that a board has exercised care in decision-making. The minutes also substantiate that a board is operating in accordance with its Bylaws and other documents and rules. Although there is recognition that board minutes are important, many organizations continue to have inadequate records of board meetings. Your strategic thinking business coach offers a list of the DO’s and DON’Ts of board meeting minutes.

Forming a Franchise Advisory Council
An advisory council, comprised of franchisees, can help the franchisor understand the franchisees' needs, while providing accurate feedback on programs, suppliers, advertising, and other elements of the franchise program. A franchisee advisory council can also be a way to show appreciation to franchisees who are supportive and successful.
Reduction in Force needs to be a “Surgical Strategy”
During tough economic times a reduction in force (RIF) often becomes a necessity for many companies. Let’s face it; payroll expense is probably the biggest expense for the majority of companies in business today. Unfortunately, many leaders have a tendency to panic and make across the board cuts without regard for the long term effects, including employee morale and the overall health of the company and its ability to weather the economic storm.
The Board's Role in Fundraising
“Should my board help me raise funds?” The obvious answer is yes, of course they should! Now comes the hard part. Getting the board to actually raise money is a lot tougher than simply saying they should. Many nonprofits, of all sizes and types of mission, overlook the basic steps necessary to engage the board in effective fundraising.

Franchise Advisory Council
Franchise advisory councils will typically hold meetings to discuss possible bumps in the road before things get too rocky. This could be to address complaints by the franchisees or to concerns that the franchiser might have. Potentially this could cover everything from force shipping by the franchiser to possible quality assurance issues and all points in between. The council will listen to these and issue mandates to address issues. A lot of franchise advisory councils are made up of a representative body of franchisees. They have the specific mandate to:
Asking for Feedback
It is always wise to encourage clients to ask for feedback from an advisory board or their ideal clients when delivering new creative, be it for a web site, a brochure, a new logo or even a rebrand. It is also important that the client provide the creative team with background re who their audience is, how the piece will be used and what they are trying to achieve. In this article, I include tips on how to get useful client/peer input on everything from logos to web design, to content.
Nonprofit Board Member Manuals - What Should You Include?
When you have a board of directors, it is always a good idea to have a Board Member Manual. A Manual is a great tool for board members to use when they need quick and easy access to critical information about the organization. It compiles important documents into one binder, so they don't waste time and energy looking for what they need in several files or locations. Does your organization have a manual for its board members?
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