In a complex world, it is essential to make the right decisions for business and one’s career, at any time, with increasing speed and complexity. Getting another perspective or advice can be of immense enrichment and help. But what does advisory mean and how can you use it successfully?
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No individual can develop deep expertise in all areas. We are, increasingly, becoming subject-matter experts. As an executive, however, it is essential to have an overview of many topics, to have one’s finger on the pulse, to think one step ahead, to explore new opportunities and to be able to call on expertise where necessary. This is where „advisory“ comes into play.
„In my career, I have been fortunate to have the right people by my side at the right time. I benefit from an incredible wealth of experience and support through my network which has helped me to build my career as well as give back.“
Farhat Nooruddin
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How to start
It doesn’t matter where you are in the hierarchy, what age, in which industry or which country, but it does matter that you take the first step. Start with a personal assessment, discover your personal vision and articulate your goals. Follow this up with an analysis of your strengths and weaknesses. Think of what kind of inputs you need to reach your goals and where you need to develop specifically. Once you have clarity on these points, it is necessary to look for the correct advisors based on your specific needs.
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Find the right people
Most valuable advisors aren’t just sitting around waiting for someone to come forward. „I found the best advisors by expanding my network. That meant a lot of personal engagement and networking.“ Currently, more and more communities or groups are also forming which offer advisory. INUNITA is one of them.
Sometimes when you choose an advisor, it just feels right from the start. But you would often give a lot of thought before starting a relationship. Particularly when choosing your personal advisor there are some criteria to consider:
- Trust: Without trust, there can be no foundation, so it is incredibly important that trust is present from the beginning
- Role model: Ask yourself if you see this person as a role model
- Expertise: Explore the persons’ track record and subject matter expertise
- Communication: Your conversation should feel easy, fluid and open
- Instinct: Explore the personal chemistry, it has to be positive on both sides
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Manage expectations
In an advisory relationship, it is important to formulate expectations at the beginning, as it can only work if both parties understand what to expect from each other. This includes the time to be spent and the format of your exchange. Do not hesitate to be open and say exactly when you need help and what you expect. Such relationships are two-way and work best when there is a strong give and take.
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Unfold the power
Personal advisory can help you to excel in your career and support you in taking the right decisions. „Standing still is not an option today, no matter who or where you are. Having the right people by your side is incredibly rewarding. I can only recommend broadening your horizons and perspectives through the experience of others.“
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INUNITA is the place for established and emerging leaders to share experiences, learn and grow. Be a part of INUNITA. Join us here https://inunita.mn.co/
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