Beirat
Beirat is a governance and advisory body established by an organization to provide expertise, guidance, and recommendations on strategic issues, policy, and key decisions. It is typically composed of external experts, although some members may have internal affiliations. Beiräte are common in corporations, nonprofits, universities, and public institutions, particularly within German-speaking countries.
The Beirat operates in a consultative capacity. Its members meet to review plans, assess risks, share market
In practice, Beiräte serve to supplement the board or management with external expertise, help with strategy
Legal status and power of a Beirat vary by country and sector. In Germany, Austria, and Switzerland,