CEOs of large corporations have Boards and external advisors
(e.g. strategy consultants, executive search firms, accountants)
who provide them with advice.
Actually, being able to ask for help and being open
to advice is a critical competency for leaders in this unstructured and ambiguous world.
It is just impossible for one person to know it all.
Our advice to you is to appoint your own Board of Directors.
These may actually be multiple Boards depending on the issue you need advice on:
You can have mentors on life questions
(e.g.family members, friends)
You can have sponsors at your work, who would advise you about work issues.
Fitness trainers or sports coaches that help you stay fit.
In a Board of Directors, all members have a fixed term.
That’s the period of time during which they serve on the board.
Members roll off and join the board depending on these terms.
The good news about your own Boards that you can define the terms of each of the members.
It is important to select your advisors carefully and to track if they still add value to your development.