Expert opinions of advisory boards are demanded

Dr. Tom Rüsen, Managing Director of the Witten Institut for Family Business (WIFU) comments in ZEIT ONLINE on the increasing importance of advisory boards. “The opinion that advisory boards have no real function is for many small and medium-sized companies outdated. Those who have to make strategic decisions on a professional level will more and more consult qualified external advisors who can also defy owners of enterprises.”

The whole article (in German only) is available here.