Advisory Board Lifecycle & Timeline

The duration of the entire Advisory Board process and each phase can vary based on several factors, including the complexity of the business, the scope of challenges, the frequency of meetings, and the commitment level of the Advisory Board members. Below is a general breakdown.

Here's an approximate timeline for each phase of the Advisory Board process, assuming monthly meetings:

Defining and Setting Up the Advisory Board:

Objective: Establish the foundation for the Advisory Board.
Duration: 2 months

Selecting Advisory Board Members:

Objective: Assemble a diverse and skilled Advisory Board.
Duration: 2 months

First Meetings of the Advisory Board:

Objective: Orient and introduce Advisory Board members to the organization.
Duration: Initial meeting can range from a few hours to a full day

Preliminary Assessment:

Objective: Inform strategic analyses with insights from the Preliminary Assessment.
Duration: 3 months

Vision and Mission:

Objective: Collaboratively craft a compelling vision and mission.
Duration: 6 months

Internal Analyses and Reporting Enhancement:

Objective: Strengthen internal processes and reporting.
Duration: 6 months

People and Culture Transformation Phase:

Objective: Implement strategies for aligning people practices with the organization's goals.
Duration: 4 months

Business Transformation and Innovation Focus:

Objective: Optimize the business model and foster innovation.
Duration: 8 months

Continuous Improvement and Evaluation:

Objective: Foster agility and continuous improvement.
Duration: Ongoing

Customer-Centric Innovation:

Objective: Prioritize customer-centricity and future-proofing.
Duration: 6 months

Please note that these timelines are approximate and flexible, and adjustments may be necessary based on the progress and dynamics of the organization. Regularly reassess the timeline to ensure alignment with organizational goals and adapt as needed.