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 needs and operating environment.
The ABF101 Advisory Board Best Practice Framework™ was developed by the Advisory Board Centre as a foundation for 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:
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™ .
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:
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.
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™.
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.