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.
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. A role in supporting and contributing to an organisation’s Advisory Board requires careful consideration in upholding the reputation of the organisation as well as individual professionals. In advisory roles, decisions are not made by advisors, ensuring practitioners treat others with respect. From the way practitioners work in the boardroom, to discussions with management, other Advisors and networks – personal ethics are always a consideration.
No guideline can address every issue or situation. It is not a substitute for good judgement, transparent communication and proper business conduct. The strength of the Advisory Board is the strength of the collective knowledge and sharing of relevant experience.
The Code of Ethics is in line with the ABF101: Advisory Board Best Practice Framework for Advisors. Each principle is addressed within the Ethics Guidelines Resources on the members-only website.