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A global standard of excellence for Advisory Boards

ABF101 Advisory Board Best Practice Framework™

Building on over 15 years of research into business drivers of effective advisor engagement, the ABF101 Advisory Best Practice Framework™ provides a principles-led foundation to support the advisory community and the organisations they serve through Advisory Boards.

The ABF101 Advisory Best Practice Framework™ sets out the core principles which are pillars to support organisations of any size to benefit from their Advisory Board.   

The ABF101 Framework is non-binding and non-prescriptive.  It is principles-led and encourages adaptation to the organisations need and operating environment.

 

About the ABF101 Advisory Board Best Practice Framework™

The ABF101 Advisory Board Best Practice Framework™ was developed by the Advisory Board Centre as a foundation to the global advisory sector.

The development commenced with a global review of advisory board practice.  To ensure independence in the process, the ABF101 Advisory Board Best Practice Framework™ was evaluated and endorsed by a Joint Technical Committee representing the advisory sector.   To ensure application in numerous environments, the following interest groups were represented by Committee members:

  • Government
  • Institutional Investors
  • Institutional Corporate Organisations
  • International market representation
  • Academia
  • Governance Boards
  • Incubators and Accelerators
  • Professional Services and Partnerships
  • Not for Profit Organisations

The Advisory Board Centre wishes to acknowledge the participation of individuals and organisations who contribute to the evaluation of the ABF101 Advisory Board Best Practice Framework™ .  View the Joint Technical Committee Members.

 

Who should utilise the ABF101 Advisory Board Best Practice Framework™?

The ABF101 Framework is designed to meet the needs of new and established organisations, reflecting the dynamic and unique nature of individual organisations and the Advisory community that supports them.

The ABF101 Framework is valuable and useful to the market including the following groups:

 

Advisory professionals that are:

  • interested in raising the standard of their own professional contribution to the Advisory sector
  • seeking to maximise their impact to organisations to create empowered engagement
  • seeking to differentiate their offering in the market through certification and recognition

 

Organisations that are:

  • seeking to identify and make informed evaluations of Advisory professionals and structures
  • committed to ensuring that their Advisory Board initiatives are seen to connect with credible, consistent practice
  • interested in strengthening confidence in purposeful engagement and strategic direction

 

Professional bodies and business communities that are:

  • seeking to promote credible, consistent and comparable language and practice
  • providing guidance on advisor engagement and business practice
  • interested in strengthening confidence in business and professional markets by promoting ABF101-alignment, advisory integrity, transparency and accountability

 

Why Best Practice Matters in Advisory Boards

The ABF101 Advisory Board Best Practice Framework™ is not about red tape, regulations and procedures. It is about flexibility, enablement and harnessing the powerhouse of expertise to make things happen.  Inherently it is purposeful, flexible and agile.

The ABF101 Framework responds to market-identified needs and feedback from various groups engaged and interested in the Advisory sector to encourage professionalism, good governance and clarity in an Advisory Board context.

Those accessing the ABF101 Advisory Board Best Practice Framework™ will also benefit from the professional development and resources within the ABF101 Advisory Board Best Practice Framework™ Technical Foundations program and Certified Chair Masterclass Certification which provide guidance on practical adoption, adaptation, implementation and facilitation of Advisory Boards.

Access your complimentary copy of the ABF101 Framework

 

The ABF101 Advisory Board Best Practice Framework™ and Net Benefit Statement are provided by the Advisory Board Centre as complimentary, open-market access documents to support the adoption and advancement of independent Advisory Boards.

Advisory Board Training & Certification

As the developers of the Advisory Board Best Practice Framework™, the Advisory Board Centre is the sole organisation authorised to deliver authenticated education and resources for the ABF101 Advisory Board Best Practice Framework™.

View Training

Independent Support & Advice for Organisations

The Advisory Board Centre provides the complimentary Advisor Concierge service that supports organisations to explore Advisory Boards and connect with Certified Chairs and Approved Advisors.

Ask the Concierge

 

Be Part of the Best Practice Community

Connect with leading professionals as part of the global Advisory community.

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ABF101 Advisory Board Best Practice Framework™

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