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The purpose of advisory roles (in large and small companies) is age. No one wants to answer to someone significantly younger than him, so how does a 30-year-old
by michaelochurch 15y ago
The purpose of advisory roles (in large and small companies) is age. No one wants to answer to someone significantly younger than him, so how does a 30-year-old CEO leverage the experience and skill of people in their 50s and 60s? The answer is advisory positions.
The idea behind an advisory position is that it's usually part-time and not entirely subordinate. The CEO can terminate the relationship, of course, but it's assumed that the advisor has a full-time job already (or is retired) and won't be hurt much if this happens.
When the role works, the advisor can speak candidly and as an equal, because he's not entangled in the office politics and he's not afraid of losing his job.