Topics: Governance & Structure
A member company recently asked “What is the difference between a governing board and an advisory board? Who should serve on each board and should our company have both? In the simplest terms, leaders on both boards serve to align learning with business needs. However, the governing board’s focus is strategic in nature and centers on alignment with the overall corporate strategy, while the advisory board’s focus is tactical and concentrates on aligning learning with functional and business needs. This document outlines in more detail the differences between the two, the business representatives that should participate on each, and why both may important for your company to have.
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