Our Process

Creation of Advisory Boards

Gelman & Associates is a strong proponent of forming advisory boards, especially for privately held mid-size companies. The reason is that advisory boards often help companies perform better.

Companies use advisory boards to:

  • Provide the CEO/owner with a body of trusted outside professional experts.
  • Establish good corporate governance and best-management practices.
  • Ensure that internal processes are consistent with the Sarbanes-Oxley Act and other legal requirements.
  • Provide functional support in areas where the company may have weaknesses.
  • Prepare for creating a formal board of directors for the company.
  • Increase the market value of the company.

Gelman & Associates helps:

  • Identify and recruit members for your advisory board,
  • Bring the board up to speed on your company and develop processes and goals that will best serve the company's interests.
  • Advise you on the best ways to introduce a board to your management and help members understand, and work within, your company's culture.
  • Develop the board's mission, charter, mandates, responsibilities, composition, compensation and meeting schedule.

Once an advisory board is established, we are able to provide ongoing meeting facilitation.

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