Code of Ethics Framework

The Code of Ethics includes principles and guidelines for members to maintain a high level of professionalism within their roles on Advisory Boards and as a member.

The Code of Ethics framework includes a publicly available Code of Ethics Statement.

Purpose
This Code of Ethics Statement is intended to provide clarity for the Advisory Board Centre Members over expectations, the spirit of relationships and a guideline to problem solving during member involvement in Advisory Boards.

Code of Ethics Guidelines

Your role in supporting and contributing to an organisation’s Advisory Board requires careful consideration in upholding their reputation as well as our own.  In advisory roles, the decision is not yours to make so influencing skills enable you to treat others with respect.

From the way you work in the board room, to discussions with management, other advisors and your networks, your personal ethics are always a consideration.

It’s the intent of doing the right thing.

No guideline can address every issue or situation.  It is not a substitute for good judgement, good communication and proper business conduct.  The strength of the advisory board is the strength of the collective knowledge and sharing of relevant experience.

Working with the Advisory Board Centre

• Avoiding conflict of interest with other advisors and organsiations you are associated with
• Honouring the organisation’s right to choose advisors that meets their need
• Managing relationships respectfully
• Proactive in managing positive communication

Code of Ethics principles

The guiding principles for Members include:

• Maintaining an entrepreneurial focus
• Upholding your name and managing your reputation
• Personal competence
• Expression views, opinions and facts
• Respect for intellectual property
• Meeting commitments & obligations
• Meeting and fee management
• Conflicts of Interest
• Ongoing disclosure
• Confidentiality and privacy
• Independence and objectivity
• Managing difficult situations
• Diversity and respect
• Social Responsibility
• Professional development
• Positive attitude

Meeting Code of Conduct

Members are expected to:

• make an effort to understand the organisation and the issues it faces;
• be frank and honest with their opinions in a respectful manner;
• be constructive when giving feedback;
• listen to the views of others and be prepared to change views in the face of evidence;
• read relevant documents and prepare well for meetings;
• be guided by the best interests of the business;
• raise any concerns with the organisation; and
• be respectful to the organisation, fellow members and management team.

Updated: 19 July 2019