In the course of many years of consulting practice, it has been proven time and again that an advisory board – especially if it is a non-statutory body – is an effective means of taking on tasks of interest to a company, such as
- the establishment and maintenance of a network at top level
- the initiation and implementation of marketing and sales activities
- Preparatory and accompanying measures for the establishment and expansion of a foreign branch
With such a constellation, particularly high demands are placed on consultants working in such an environment:
The professionalism of consulting is a sine qua non. This is based on the personality and the many years of professional experience of the respective consultant. The necessary independence of the consultant vis-à-vis the client guarantees an optimum of consulting services and quality.
The individuality of the consulting service is of crucial importance. Consulting at this level and in this environment cannot be duplicated. The company itself is only one parameter of action in addition to factors that must also be taken into account, such as capital, shareholders, shareholder structure, testamentary will, political and social components – to name just a few influencing factors.
The project-related nature of the consulting activities ensures that no client is regarded as a current or future “beneficiary”. The precisely defined project scope and a description of the desired consulting goal ensure a pragmatic approach that puts success at the end of the defined consulting service.
Last but not least, the legislator places higher demands on supervisory boards.