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Encore: Create an Advisory Board of Innovators

An important element of a great business many overlook is assembling a diverse advisory board, committed to developing your organization and exchanging knowledge. The right people bring innovative ideas, create opportunities and help a company move forward faster toward its stated objectives (or ones they didn’t even think possible). In fact, having the right people involved can be more important than having capital, because good ideas and good companies can attract low-cost capital. And it is important to note that an advisory board is different than a board of directors, focused solely on governance. The advisory members bring experience and views not found within the business, who are prepared to challenge the expectations, capabilities and vision of the organization. We are thrilled to welcome back Jeff DeGraff, the Dean of Innovation, to help us explore this topic in depth, providing suggestions for attracting those individuals that will push your organization to new heights.

 

Posted by: Evolution Capital Partners Evolution Capital Partners specializes in helping entrepreneurial businesses transform their organizations by providing a foundation for growth through its process, The Five Pillars of Business Freedom(SM), leveraging the time and energy of the business owner.

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