A new norm that has been established in our country is volatility. The best way to deal with volatility is to respond aggressively by bringing better and structured ideas. Every CEO needs to come with immediate advice and better plans to face problems prudently. In such scenarios, advisory boards play an important role in dealing with the conflict. CEO training programs help to fulfill the sole purpose of advising CEO, and they differ from family councils and boards of directors since they don’t have voting rights or any other fiduciary obligation. Regarding scope, advisory boards can be general or targeted to certain industries, issues, and markets, like going global or adopting advanced technology. Advisory boards are important because of the following reasons Unvarnished truth CEO requires CEO advisor because they can receive unbiased information from them. As a CEO, you can receive impartial and unbiased information from the members of...