Governance
The principles and criteria, forms of participation, and governance arrangements for ALA aim at ensuring a robust and flexible framework. The governance arrangements will ensure that our work is driven by the executives and entrepreneurs who join the initiative, not merely the founders, and that independent experts have some influence over our strategy, thereby enhancing the credibility and intelligence of our endeavours. The administration is intended to be light (e.g. long terms on boards and only biannual reporting), and allow a variety of people and organisations to participate in various ways, while ensuring only the most authentic luxury companies are promoted to consumers. Many details, such as the number of seats on the boards, will be worked out by the founding group during incorporation.
Advisory Board
Some Individual Associates who are particularly active can be invited by the board of directors to join the advisory board in an individual capacity. This advisory board provides ongoing advice and public communications and plays a role in governance. Advisory board members are appointed for 3 year terms by existing Advisory Board members. The first Advisory Board is appointed by the founders. If an advisory board member wishes to remain on the board for a consecutive term then a vote of members is required and the appointment confirmed if less than 50% of members vote against the appointment. The Advisory Board meets once a year and the minutes always made public. The advisory board will consist of 10 persons.
Board of Directors
The ALA will be incorporated as a not for profit, accountable to its members
through a board of directors. Directors must be drawn from employees of
member companies and serve 3 year terms. 60% of these directors will be
elected by current members, and 40% by the Advisory Board. The board of
directors appoints the head of the secretariat. The Board of Directors convenes
once a year. People can not serve on more than one of the advisory board,
directors board, or secretariat at the same time.