The advisory board – hard to overestimate

Hofmann Consultants has been finding qualified executives for companies in the consumer goods industry and retail for several decades. Most owners initially shied away from setting up an advisory board. They considered it to be superfluous; they did not want to be accountable to anyone or let alone cede authority. However, times have changed. Today, medium-sized family businesses in particular recognise that an advisory board can be of considerable benefit: It offers security in crisis situations, reduces the frictional losses between the shareholders and increases the competitiveness of the company due to increased expertise.

Our publication on the topic of advisory boards outlines their roles, functions and benefits. It lists the necessary framework conditions and outlines the different requirement profiles of the members of advisory boards, which – depending on whether your company is initiating a generational change or wants to expand further, whether it is facing a crisis or is in a post-merger situation – can vary greatly from one case to the next.

Hofmann Consultants offers you solutions ranging from the establishment of an advisory board to the selection of candidates and regular efficiency reviews. We support you with our long-standing experience, our in-depth expertise and an exceptionally close-knit network.