Advisory leaders offer a consultative model, where individuals are engaged for a limited amount of hours per week or month to offer expert insight to a full-time executive or team. In advisory engagements, talent is retained to provide input on various challenges on an ongoing basis or on a recurring topic over time.
- offering mentorship to a “rising star” or newly seated senior executive; the seasoned executive offers advice and functions as a sounding board to ensure success in the mentee’s role
- helping to guide a company or team’s strategic, longer-term efforts
- allowing investors to retain subject matter experts available to advise multiple portfolio companies on various topics on an ongoing basis