Thursday, August 28, 2014

Home News Who needs an advisory board? You.

Who needs an advisory board? You.

Business Management

Real business growth hinges on a CEO’s willingness to ruthlessly assess his or her skills and then find creative ways to fill in the knowledge gaps.

BNET | April 1, 2010

Entrepreneurs typically like to think they can do it all. Big mistake. Real business growth hinges on a CEO’s willingness to ruthlessly assess his or her skills and then find creative ways to fill in the knowledge gaps. An advisory board can be just the ticket.

 
So it was for Jo DeMars, the CEO of DeMars Associates, a Waukesha, WI, company that designs and manages dispute-resolution programs for large companies such as eBay and Porsche. “We had grown to the point that there were business-management questions and marketing issues that I didn’t know how to approach,” DeMars says. “I needed someone else to help chart a course for me.” Her advisory board did exactly that for eleven years, helping DeMars with everything from entering new markets to structuring an employee benefits plan. But assembling and managing a board can be challenging.
 
Visit bNet.com for a list of guidelines on starting your own board.

Top news

Davey buys Lawn Logic

The company has made five acquisitions this year.

Akehurst Landscape names new president and CEO

The sudden death of Brian Akehurst, president of Akehurst Landscape Service, results in the election of a new leader.

Massey purchases Texas company

Green Pest Services joins Massey's portfolio.

Jacobsen launches hydraulic mower

The MH5 Tractor-Mounted Hydraulic Mower will be available in late August.

Tips from the top: Pat Covey

The President and COO of U.S. Operations for Davey Tree explains what it takes to make a company successful.

x