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While a network of peers is valuable for tactical issues, your personal advisory board must be diverse. Relying solely on people with the same role and experience as you (e.g., only other CMOs) will limit your perspective and hinder your ability to see the bigger picture or prepare for your next career step.

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To succeed on an executive board, you must shed your functional hat. While you bring expertise from your area (e.g., marketing), your primary responsibility is to consider the health and growth of the entire company. A 'total company' perspective is essential for credibility and impact at this level.

The most effective masterminds consist of people from different industries and business stages. This diversity prevents direct comparison and fosters richer insights. The crucial factor for curation isn't similar resumes but shared values like generosity, honesty, and a willingness to learn. Energy alignment trumps expertise alignment.

The most crucial members of your personal advisory board are not cheerleaders. They must be people unafraid to provide candid, critical feedback. Their role is to hold up a mirror and point out your blind spots, which is far more valuable for growth than simple encouragement.

While it's tempting to seek mentorship from seasoned VPs, you'll often get more actionable advice from someone who just completed the career step you're facing. A newly promoted director, for example, has more recent and relatable experience than a VP who was last in your shoes years ago.

Rather than seeking traditional mentors, Allspring CEO Kate Burke advises building a personal "board of directors." This is a curated, dynamic group of people from different areas of your life who provide diverse perspectives on challenges, with members rotating as your career and life evolve.

A manager is not a mentor. Instead of depending on a single, formal mentor within their reporting structure, aspiring leaders should cultivate a personal 'board' of two or three trusted advisors. This external network provides diverse, on-demand input for specific business situations that fall outside a leader's direct experience or comfort zone.

No matter how intelligent you are, personal bias clouds judgment. For all significant decisions—personal, professional, or economic—consult a trusted "kitchen cabinet" of objective advisors. This external perspective is crucial for sound decision-making and protects against isolated thinking.

Don't treat all professional relationships the same. Differentiate between a community for support, a network for tactical needs (like finding an agency), and a personal board of directors for strategic guidance on major career moments. Each serves a distinct purpose in your journey.

To build a strong "personal board of directors," go beyond your immediate network. A powerful tactic is to ask your existing, trusted mentors to identify their own mentors and explain what makes them valuable. This provides a vetted, high-quality pipeline for expanding your circle of guidance.

Contrary to the belief that senior leaders have all the answers, career progression often leads to uncharted territory with no playbook. The more senior you become, the more you need a personal board to navigate novel challenges like joining a corporate board or handling unprecedented situations.