How to Develop a Successful Board of Advisors (...and Why You Should!)

In today's rapidly changing and highly competitive markets, many privately held companies are creating outside advisory boards to give owners and CEOs fresh, knowledgeable advice.

Even for small businesses, setting up an advisory board can give you a significant advantage over competitors that are relying solely on internal talent. An experienced and well-connected board of advisors can help your business grow and prosper in ways you've never imagined.

What is a Board of Advisors?
An advisory board is an outside group that is informally organized to provide business owners and corporate leaders with support, advice and assistance. While formal boards of directors have legally defined responsibilities and fiduciary duties, advisory boards have no formal power or binding legal authority. They serve at the pleasure of the business owner or CEO.

Benefits of an Advisory Board
There are several advantages that companies with advisory boards have over their competition. A board offers your business:

  • An unbiased outside perspective.
  • Increased corporate accountability and discipline.
  • Enhanced CEO and management effectiveness.
  • Greater credibility with investors, vendors and customers.
  • Help in avoiding costly mistakes.
  • Rounding out skills and expertise lacking in current management team.
  • A sounding board for evaluating new business ideas and opportunities.
  • Enhanced community and public relations.
  • Improved marketing results and effectiveness.
  • Strategic planning assistance and input.
  • Centers of influence for networking introductions.
  • Crisis and transition leadership in the event of the death or resignation of the CEO.
  • Help anticipating market changes and trends.
Steps to Creating an Effective Board of Advisors:

Analyze the strength and weaknesses of your current management team.
Look for critical areas of expertise and knowledge that your company could use help with such as marketing, legal, finance, eCommerce, and research and development or information technology. If your company is planning on going public within the next few years, seek out advisors who have successfully taken companies down that path.

Set clear, written goals and objectives for your board of advisors.
Getting maximum value from a board of advisors begins with clear objectives and goals. Board members must know why they have been asked to serve and what is expected of them.

Before establishing the board, the CEO and senior managers should sit down and ask some of the following questions:

1. What are the main areas we need advice and guidance in?
2. What specifically do we need the board members to do for us?
3. Who are a few potential candidates for board membership?
4. How do we avoid giving away too much control to outsiders?
5. What will be the powers and limitations of the board?
6. What will setting up the board cost initially? Annually? Will it be worth the cost?

Determine the size and structure of your board.
Advisory boards range in size from two members to over thirty. The right size depends on many factors, such as your company's size, complexity, stage of development and individual skills needed. My experience and research has found that for most small to mid-sized, growing companies or start-ups, a 5 to 7 member advisory board is an ideal size. Smaller firms can start with just one or two members and add new members as they grow.

Recruiting Candidates
Determining whom you invite to join your board is one of the most critical decisions in setting up a board of advisors. Often a business owner's first instinct is to ask friends, family members or professional advisors to sit on their board. This is usually a mistake. Unless your friend or family member is a recognized authority in an area of expertise lacking by your management team or a highly successful entrepreneur, they are probably not the wisest choice.

Another reason to avoid asking family or friends to join your board is lack of objectivity. Often advice from a friend, family member or management insider is sugar coated to protect relationships. An outside advisor can give you a much more objective and honest assessment of the situation.

Using professional advisors such as your lawyer, banker or accountant as board members has it's own pitfalls. These advisors are already working for you and may not be as objective as you need, due to having an interest in generating future business from your company.

Some critical action steps for recruiting a dynamite board of advisors are:
  • Develop a candidate profile. After you have determined the areas of expertise your company is in need of, create a profile of candidates that successfully fit these needs. Take care to address knowledge and skills that your company will need to meet projected growth and future challenges.
  • Seek out experts. Search online and offline for experts and proven leaders that meet your candidate profiles. Contact them and begin discussions about possible board membership.
  • Ask for recommendations. Solicit recommendations from the experts you speak with that cannot serve on your board, of collogues of theirs that they feel would be a good fit for your needs. Begin networking with your attorney, accountant and other professional advisors. Once you have successfully recruited an advisor, he or she can often lead you to another good candidate.
  • Find your candidates motivation. Most of your candidates are not going to be motivated by money alone. In fact, if money is their primary reason for joining your board, they may not be what you are looking for. The most effective board members are motivated by the challenge and intellectual stimulation of building successful companies. They serve because they are already high achievers and enjoy the challenge.
  • Have variety in your board. Try to include experts and successful entrepreneurs from several different disciplines. Often board members who are successful marketers, CEOs and business owners from different industries can bring a fresh perspective to your business. These individuals can often help you incorporate best practices from other industries, into your own industry, creating revolutionary changes and opportunities.
  • Look for a proven track record. Find the leaders in their field. The best board candidates are successful CEOs, business owners, professionals, university professors and consultants who have achieved success in their own businesses and careers.
  • Clearly communicate your goals and objectives. Invest time in talking to and meeting with potential members. Communicate to them what your goals and objectives are. Let them know that you are not looking for "yes men" and that you want advisors who will challenge you and hold you accountable for your businesses growth.
Board Compensation
Board members expect and deserve to be compensated for their time, efforts and advice.
Typical advisory board compensation includes a stipend from $5,000 to $25,000 per member, per year. Some companies pay their board members per meeting, with payment ranging from $500 to $3,000 per meeting, with a monthly retainer of $500 to $2,500. Companies should also cover transportation, meals and lodging for members when attending meetings.

Most successful boards also give or require members to buy stock or some form of equity in the company. This gives the board members equity participation and a vested interest in the growth of the company.

Pitfalls to Avoid
Some potential problem areas to avoid when setting up or working with your advisory board are:
  • Members missing meetings. Because board members are usually running successful businesses of their own, they may not always be available for every meeting. However, board members should be made aware that attendance of board meetings is important and expected. If a member is chronically absent, the value of their membership on the board should be reviewed.
  • Insecurity of senior managers. Some company insiders may feel intimidated or threatened by the involvement of outsiders. The CEO or owner must make every effort to communicate to his staff the benefits and importance of having a board of advisors.
  • Incompatible personalities. This is a challenging situation, because most members of your board will be strong willed, achiever types, who have gotten where they are by taking charge. Many will have strong convictions about their opinions and may find it hard to defer the leadership of the meetings to the CEO. You must determine when a member's personality is "too strong" and becoming disruptive.
  • Excessive number of board members. Because of their strong personalities, if you have too many members on your board, the more assertive members often dominate the debates, depriving you of the contributions the quieter members may have made.
  • Lack of CEO communication. Withholding company information or not regularly communicating with the members of your board of advisors destroys trust and effectiveness. Regular communication between meetings is essential to maintaining an effective board.
    Inadequate compensation. As I mentioned, you do not want compensation to be the determining factor in a candidates membership on your advisory board, however successful individuals of the caliber you seek expect to be fairly compensated for their time and knowledge.
Keys to Board Effectiveness
  • If you build it, use it. Owners and CEOs who invest the time and money in creating a board should be committed to soliciting and using its advice on important issues and decisions.
  • Value their input, even when they disagree with what you want to do. Sometimes a board is at it's most valuable when it recommends against a course of action the CEO wants to take. If you recruit a good board, often they have already been down the path you are on, and their experience (and past failures) can help you to avoid costly mistakes.
  • Communicate with your advisors. Keep the members of your board informed about what is happening in your company and industry. Counsel with individual members on the phone at least monthly and send them information well in advance of your meetings, to help them prepare and keep the meetings productive.
  • Hold regular meetings. Most boards meet once per quarter. However, boards should meet more often during times of rapid growth or if company needs merit additional oversight and guidance.
  • Have an objective for each meeting. Your board members are busy people and their time is valuable. Make the most out of your meetings with them, by having a clear agenda and objectives for each meeting. Make sure to cover the most important items of business first, in case the discussions take longer than planned or some members have to leave early.
Annual assessment of board performance.
Periodically assessing the board's effectiveness is a critical factor in ensuring a good return on investment. Each year the board should set performance goals and define their criteria for success. At the end of the year the CEO and the board should assess it's performance, compared to its goals and criteria for success.

Over 80 percent of all private companies are operating without a board of advisors or board of directors. Odds are your competitors do not have one. Because of this, developing a board of advisors can give your company a distinct advantage over your competition. This is particularly true for start-ups and family run businesses.

There is tremendous value in receiving objective, knowledgeable advice from a board of advisors who share in the financial and equity growth of your business. I encourage you to begin recruiting your advisory board today!

Internationally recognized as a leading authority on eCommerce and website conversion, Eric Graham is the founder and CEO of several highly successful online and offline companies.

His services as a speaker, consultant and author are in high demand due to his knack for solving problems and significantly increasing the bottom line for his clients.

Eric may be available to serve on your Board of Advisors. For more details vist: ard-advisors.htm

Eric is also the publisher of the eCommerce Mastery newsletter. Visit /ecommerce-mastery.htm today to sign up for a free subscription.

In The News:

Uncovering the Core Benefits of Strategic Planning in Healthcare | Read Infiniti's Latest Blog for More Insights  Business WireInfiniti Research has announced the launch of their latest article on uncovering the potential of strategic planning in healthcare.
Admin 101: How to Manage the Strategic-Planning Process  The Chronicle of Higher EducationIf a single insight could sum up the case for strategic planning in higher education, it would be the Stoic philosopher Seneca's observation that, if you don't know ...
City Provides Input To USD's Strategic Planning Task Force  Vermillion Plain TalkAt first, the task seems to be not overly difficult: gather the answers to nine rather brief questions.
Scant turnout again for schools' strategic planning  Cleveland Daily BannerThe strategic planning community meetings of Cleveland City Schools continued to be poorly attended Thursday evening at Cleveland High School. Director of ...
Meeting held in Savannah to discuss University System of Georgia’s strategic plan  WTOCThe University System of Georgia is looking for input on how the system will face challenges of public higher education in Georgia.
St. Thomas Launches First Sustainability Strategic Plan  University of St. Thomas NewsroomFor the first time, St. Thomas has a comprehensive strategic plan for sustainability. The plan is the result of 18 months of work.
Protect Against Unmitigated Liabilities - Risk 7: Inadequate Strategic Planning  LexologyEarlier this year, we conducted a survey to assess how confident trustees and corporate sponsors felt about 10 fundamental areas of pensions risk. We…
Deprow and Hannah to Lead Next Steps in Strategic Planning  ASU NewsJONESBORO – As part of the ongoing strategic planning process at Arkansas State University, Dr. Summer Deprow and Dr. Russ Hannah have been named ...
Govt Criticised for Poor Strategic Planning of Nuclear Power  Total Slovenia NewsSTA, 19 September 2019 - The Court of Audit has issued a rebuke of consecutive Slovenian governments after determining that strategic planning regardi...
Global IP Strategic Planning, IP Monetization & Trade: September 30, 2019 in Houston  China Law BlogOur lead international trade attorney, Bill Perry, will be speaking on China trade in Houston, Texas, on September 30 at a Techonomics Symposium. Bill's.
Commerzbank to Slash 4,300 Jobs as Zielke Steps Up Cost Cuts  BloombergCommerzbank AG is planning to cut 4300 jobs as part of a new strategic plan that will also see the bank sell a stake in its Polish mBank unit to reduce risk and ...
Carleton presents Strategic Planning Speaker Series | Carleton Newsroom  Carleton NewsroomThe Strategic Planning Speaker Series, which is intended to prompt the Carleton community to think strategically about significant topics, followed last.
ScottMadden Releases Grid Modernization Road Map for Strategic Planning in a Rapidly Changing Environment  GlobeNewswireAtlanta, GA, Sept. 17, 2019 (GLOBE NEWSWIRE) -- ScottMadden, Inc., one of North America's leading management consulting firms specializing in energy, has ...
Recreational strategic plan gets under way | News  The Daily ProgressA draft strategic plan for recreational opportunities was presented to the Greene County Board of Supervisors at its Sept. 10 meeting.
Electric scooters arrive at ASU; next phase of strategic plan announced  talkbusiness.netThe Arkansas State University Student Government Association and Chancellor Kelly Damphousse announced Wednesday (Sept. 18) the arrival of shared-use ...
Why Rolling Quarterly Planning Leads To Better Thinking And Resource Allocation  ForbesDwight D. Eisenhower put it well. “Plans are worthless, but planning is everything.” His point was that plans are instantly out of date, but the knowledge and skills ...
USG Hosts Strategic Planning Forum at VSU Sept. 25  ValdostaToday.comVALDOSTA — The University System of Georgia will host a Regional Forum at 10 a.m. on Wednesday, Sept. 25, in Valdosta State University's University Center ...
Harshad Rai, Financial Counselor at Strategic Planning Advisory Services, Talks about the C  EC-Council BlogRead what Harshad Rai had to say on LinkedIn: I was a mere Systems Admin in an ...
Committees to begin work on GW's new strategic plan  GW HatchetFaculty involved in the planning process shared their eagerness to be involved and encouraged the community to provide feedback in the process.
The myth of strategic planning  ft.lkWalk into a pottery centre and you will see craftsmen (or women) seated at their pottery wheel, crafting a pottery design of their own. Slapping on a lump of clay, ...
Doctors reject call for adoption of new strategic plan  Daily NationDoctors union says document was not shared for them to interrogate it.
APLA Health Announces Statewide Strategic Planning Meeting to Address Urgent Needs of People Aging with HIV  GlobeNewswireLos Angeles, Sept. 17, 2019 (GLOBE NEWSWIRE) -- September 18 is National HIV/AIDS and Aging Awareness Day, and currently, the majority of people living ...
How to Budget for Change in Your Strategic Plan  Business 2 CommunityWe're quickly approaching budget season, which means many business leaders will spend weeks crunching numbers and forecasting for 2020. While many ...
W&M community to play active role in strategic planning | William & Mary  William & Mary NewsAs William & Mary begins its strategic planning process, administrators are looking to the campus community to play an active role in shaping the future of the ...
Daily Buzz: The Three P's of Strategic Planning  Associations NowOutlining new organizational initiatives can be a daunting task. Here's where to start. Also: Be flexible on how members pay dues.
Park Ridge Briefs: Strategic Planning For City Will Start In October  Journal & Topics Newspapers OnlineThe Park Ridge City Council and department heads will meet for two strategic planning sessions in October. These will be held at 6 p.m. Wednesdays Oct. 9 and ...
LD schools talk strategic planning | Local News  Black Hills PioneerLEAD — A variety of focus areas for 2019-2021 were explored at a recent Lead-Deadwood School District strategic planning session held just prior to the start of ...
LeBlanc announces development of new strategic plan at town hall meeting  GW HatchetGW's next five-year plan will focus on four pillars: world-class faculty, high-impact research and distinguished graduate and undergraduate education.
How To Build A Small Business Competitive Strategy  ForbesCategorize and prioritize your thoughts in order to create a sound strategy.
Why it's important to include your bank in year-end planning  Smart Business NetworkNow is the time to start looking at your year-end forecast and compare it to your budget vs. the actual figures, says First Federal Lakewood's Kurt Kappa.
'A shifting landscape': Amidst understaffing and policy changes, Indigenous Strategic Plan is further delayed  Ubyssey OnlineThe plan will guide UBC's approach to Indigenous engagement over the next several years and replace the 2009 Aboriginal Strategic Plan.
Two days left to complete strategic plan survey  WSU NewsWhat spells success for the WSU system from 2020 to 2025? Two days remain for you to answer that and related questions in the online survey focused on the ...
'Getting to the Bottom of It': Rolling out the strategic planning process  GW HatchetOn this week's episode, assistant news editor Zach Schonfeld analyzes LeBlanc's next steps for achieving his strategic initiatives.
Estonian Govt Office to start dealing with strategic planning framework  Baltic TimesTALLINN – The government of Estonia on Thursday approved a proposal to amend the statutes of the Government Office and the Ministry of Finance with which ...
Carleton Launches Strategic Planning Process | Carleton Newsroom  Carleton NewsroomA campus-wide event on Sept. 5, 2019 marked the official launch of Carleton University's strategic planning process.About 250 people attended “Carleton's.
SDSU to Launch Comprehensive Strategic Planning Process  SDSU NewscenterStory Keywords: Academic Affairs, Arts and Letters, Education, Engineering, Faculty Affairs, Fowler College of Business, Health and Human Services, ...
CFOs operating more like chief strategy officers, study finds  CFO DiveFinance leaders are becoming more concerned about security, data and internal customers, consulting firm Protiviti found in its annual Finance Trends Survey ...
Kenya: Doctors Reject Call for Adoption of New Strategic Plan  AllAfrica.comDoctors have threatened to reject a strategic plan set to be adopted by the Health ministry because they were not involved in its development.
Twitter Shares Major Events Calendar for September to Assist with Strategic Planning  Social Media TodayNote: If you haven't started planning out your holiday campaigns, now is the time. This week, Twitter has released the latest version of its monthly major events ...
JJC Approves 2020-2023 Strategic Plan  Patch.comJJC Approves 2020-2023 Strategic Plan - Joliet, IL - The new 2020-2023 Strategic Plan was approved at the Board of Trustees meeting and is considered the ...
ACE fellow joins W&M President's Office | William & Mary  William & Mary NewsACE fellow: Rosalyn Hargraves, associate vice president for assessment and transformation in the Division for Inclusive Excellence at Virginia Commonwealth ...
NEMI creates dream list for strategic planning session  Manitoulin ExpositorNORTHEAST TOWN – Northeast Town councillors have their thinking caps on as they begin budget deliberations for the next year and work on updating the ...
City Commission to Host Strategic Planning Workshop  tallahasseereports.comOn Sept. 4, 2019, the Tallahassee City Commission will hold a workshop to discuss strategic planning for the next five years. The main purpose of the workshop ...
Electric Vehicle Charging Infrastructure Market 2019 – Global Industry Size, Share, Analysis, Trends & Future Strategic Planning 2026  Market StrategiesA recent market study on the Electric Vehicle Charging Infrastructure market applies both primary and secondary research techniques to identify new ...
William and Mary holds first open forum for strategic planning  Daily PressIn the school's first open, campus-wide forum on strategic planning, William and Mary's Steering Committee and President Katherine Rowe asked more than 100 ...
Groupe ADP wins several contracts for consulting and planning in the US  International Airport ReviewMerchant Aviation has won a series of new contracts across the U.S. including the $340 million investment in the JFK development.
Sept. 3 Strategic Plan Town Hall begins transition to implementation phase  CommuniqueAt two Town Hall sessions on Sept. 3, Chancellor Venkat Reddy outlined progress made on the 2030 Strategic Plan throughout the summer and what the initial ...
Strategic plans outlines goals for IC over next five years  The IthacanAfter approximately a year of planning Ithaca College's five-year strategic plan, Imagining Ithaca, was released to the campus community Aug. 16.
Soligenix Appoints Daniel P. Ring as Vice President of Business Development and Strategic Planning  BioSpacePublished: Sep 16, 2019. Industry veteran brings extensive experience leading business development. PRINCETON, N.J., Sept. 16, 2019 /PRNewswire/ ...
Guest Opinion: The UI encourages participation in the strategic planning process  UI The Daily IowanAs members of the University of Iowa community, we have a remarkable opportunity to materially impact the future of our university. The process of refreshing the ...
Town of Massena officials working with Business Development Corporation on new strategic plan  NNY360MASSENA — Town of Massena officials will be working with James Murphy, the executive director of the Business Development Corporation for a Greater ...
Leveraging Strategic Planning at Your Healthcare System: How hospitals are planning for the future, even when the industry shifts  Becker's Hospital ReviewHealthcare is one of the fastest-changing industries in the U.S.—with new policies, technologies, and even competition shifting how providers plan for the future.
Input sought for Edina Schools' draft strategic plan  ECM PublishersAfter months of work, the Edina School Board is ready to share a draft of the next strategic plan for Edina Public Schools in a series of by-invitation and open.
Briefly Noted: SMSD looking for volunteers for strategic planning action step committees  Shawnee Mission PostSMSD looking for volunteers for strategic planning action step committees. The Shawnee Mission School District is looking for volunteers to participate in ...
Hub acquires assets of Pennsylvania investment consulting firm  Insurance BusinessHub International has announced that it has acquired certain assets of WhartonHill Retirement Services, Strategic Planning Resources, and Karen McCloskey, ...
School Board moves forward with Strategic Planning | News  Hermann Advertiser CourierThe school board of the Gasconade County R-I School District met Thursday, Sept. 12 for both regular and executive sessions. After hearing the monthly reports ...
North Riverside eyes strategic plan for the future  Riverside Brookfield LandmarkOfficials in North Riverside indicated they would like to launch the village's first-ever strategic planning process as it looks to manage its financial future in a ...
Sioux City first responders, city leaders, hold strategic planning meeting  Siouxland NewsFriday was the strategic planning event in Sioux City, but after this year the next meeting will be held in 2022 due to their new 3-year Accreditation model.
More Eyes, Better Strategy  Agweb Powered by Farm JournalMore Eyes, Better Strategy by Chris Barron | Read more Regional News about Agriculture and Crop Production on AgWeb.
Dixie State president reflects on 5 years of growth, announces new strategic plan, athletic partnership  St George NewsST. GEORGE — Dixie State University faculty and staff reviewed implementation of the institution's five-year strategic plan and announced the beginning of a ...
Carson City School District's strategic plan meeting to focus on Snyder property  Carson NowThe Carson City School District's quarterly Community PLC (Professional Learning Community) meeting scheduled for Wednesday, Sept. 25, 6 p.m., will offer a ...
Tech planning: An imperfect process | 2019-09-18  CUNA NewsTechnology planning is an inexact process. Just when budgets and resources are in place for an annual plan, a disruptor is sure to hit the marketplace, or a line ...
Future at Lloyd's: Inside the strategic planning process | Analysis  The Insurance InsiderDetails of the execution plan for Lloyd's ambitious strategy overhaul have started to crystallise, with a clear focus beginning to emerge on the aspects of the ...
County Holds Second Strategic Planning Session | Community  Yankton Daily PressThe goals Yankton County commissioners would like to achieve in the next few years are coming into clearer focus.
Hanna Unveils New Strategic Plan  Business WireHanna adopts a new strategic plan committed to healing internal strife, improving educational outcomes and sharing expertise in trauma-informed care.
Civil Architecture Market Growth Prospects Analysis and Future Strategic Planning by 2025  One Digi ClickLos Angeles, United State, Sep 16, 2019 — The global Civil Architecture Market is extensively studied in the report with the intention of helping players to take ...
SA begins new academic year, participates in Strategic Planning initiative  The Flat HatThe College of William and Mary's Student Assembly held their first session of the 2019-2020 academic year Sept. 3. At the meeting, senators were briefed by ...
City of Berea Strategic Plan framework to be revealed next Monday  Richmond RegisterAfter months of work, the latest edition of the City of Berea Strategic Plan will be unveiled Monday at a special called meeting of the Berea City Council.
Shift Change: Yum Brands bulks up tech leadership team  Restaurant DiveThis is the latest installment in a series that highlights major executive changes at top fast casual, QSR and casual dining chains over the past week.
VantageScore Solutions Hires Strategy Executive Benjamin Tagoe to Lead Strategic Planning and Alliances Group  Business WireVantageScore® Solutions, LLC, the company behind the VantageScore credit scoring models, announced today that strategy executive Benjamin Tagoe, has j.
BOV moving forward with approval of President Ryan's 10-year strategic plan  University of Virginia The Cavalier DailyPresident Ryan's plan is a roadmap for making the University the best public institution in the nation and one of the best universities in the world by 2030.
Vision Guided Robotic Systems Market Growth Prospects Analysis and Future Strategic Planning by 2025  Rapid News NetworkLos Angeles, United State, Sep 18, 2019 — The Global Vision Guided Robotic Systems Market is comprehensively analyzed in the report with the main objective ...
Bonefish and Tarpon Trust to develop strategic plan for flats fisheries in Belize and Yucatan  Breaking Belize NewsThe Bonefish and Tarpon Trust (BTT) is preparing a large-scale strategic plan to address the many growing threats to the flats fishery in Belize and Mexico's ...
AFRICOM hosts Infectious Disease Strategic Planning Workshop  DVIDSThe AFRICOM Office of the Command Surgeon invited various U.S. agencies to participate in the first ever Infectious Disease Strategic Planning Workshop on ...
Bellwood Library Board Approves Historic 3-Year Strategic Plan  thevillagefreepress.orgWednesday, September 11, 2019 || By Michael Romain || @maywoodnews || Updated: 4:25 p.m.. During a Sept. 10 regular meeting, the Bellwood Public Library ...
City of Amarillo presents Downtown Strategic Plan to the public  KFDAAfter almost 10 years of planning out a completely revised vision for the Downtown Amarillo area, city officials have finally presented a completed plan to the ...
Listen: County Executive Bryan Hill on Back-to-School Topics and Strategic Planning  Fairfax County Government NewsCenterOn the September edition of the “Connect with County Leaders” podcast, Fairfax County Executive Bryan Hill tackles back-to-school topics, such as increased ...
Espanola Strategic Plan needs business input  My Eespanola NowThe Town of Espanola wants to hear from its business community in developing the Strategic Plan. Back in May, a proposal to develop a Strategic Plan was ...
How To Plan A New Product Launch With Digital Marketing  ThomasNet NewsLaunching a new product? Make sure your manufacturing and industrial company is in the best position to launch by using these digital marketing tips.
Strategic Plan Panel Prepares to Present First Portion of Plan  PrimePublishers.comSEYMOUR — The Strategic Planning Committee, meeting Wednesday, September 11, prepared for the presentation of the first, one-year portion of its 10-year ...
Here's Chalkbeat's vision for local education news by 2025  Nieman Journalism Lab at HarvardThe network's pitch to local funders: "By the time the school reforms reached their zenith, there was not a single local education reporter dedicated to covering ...
Dosimeter Market 2019 – Global Industry Size, Share, Analysis, Trends & Future Strategic Planning 2026  Market StrategiesA recent market intelligence study on the Dosimeter market incorporates proprietary techniques and assessment tools to screen the Dosimeter market for the ...
Georgias university system looks out 4 years  Savannah Morning NewsEdna Jackson, a former mayor of Savannah, was glad to see the University System of Georgia make a stop at the Savannah Convention Center Thursday during ...
New strategic plan guides Northwest Leadership Team | News |  Northwest MissourianWith the launch of its new strategic plan, the Northwest Leadership Team has undergone personnel changes and a shift in focus for the next 10 years.
Keith A. Clinkscales: A County Manager Engineers Success in Palm Beach  Black EnterpriseAs director of strategic planning and performance management for Florida's Palm Beach County, Keith A. Clinkscales engages as both role model and mentor.
Strategic Plan Deep Dive Week 7: University partnerships and outreach  CommuniqueAfter a full year of 2030 strategic planning campus conversations – over coffee and lunch, during Town Hall sessions, through surveys and emails and listening ...
Global Strategic Planning Software Market to Register A Stout Growth by 2019-2026  Indian ColumnistGlobal Strategic Planning Software Market Research Report 2019 to 2026 segmented by product type, applications and offers complete Strategic Planning ...
Chemistry department kicks off five-year strategic plan  GW HatchetThe chemistry department is working to make progress on five goals as part of a five-year strategic plan that began this semester.
Library Seeks Strategic Plan Input  Loudoun NowLoudoun County Public Library is seeking public input for its strategic planning process. Residents are invited to take an online survey at ...
Hand Held Metal Detector Market Growth Prospects Analysis and Future Strategic Planning by 2025  BBC News MediaLos Angeles, United State, Sep 18, 2019 — The Global Hand Held Metal Detector Market is comprehensively analyzed in the report with the main objective of ...
Gleaners Announces Strategic Plan  Inside INdiana BusinessFollowing months of research, planning and community input, Gleaners Food Bank of Indiana has unveiled its strategic plan, which includes aggressively ...
Geospatial data-sharing effort needs shared strategy for success  StateScoopThe National Spatial Data Infrastructure is celebrating its 25th anniversary — but it remains an unrealized vision of geospatial data sharing.
Career Grade Planner job with Bury Council | 26311  The PlannerCareer Grade Planner in Policy and Strategy, Senior, Local Authority with Bury Council. Apply Today.
New Albany maps strategic-plan update  ThisWeek Community NewsA draft version of New Albany's updated strategic plan should be ready at the beginning of December, according to local leaders. City staff members in summer ...
Bethel schools to develop strategic plan, labor committee  Piqua Daily CallBETHEL TOWNSHIP — This week, the Bethel Local Schools Board of Education heard from representatives of three strategic planning organizations and vot.
SFAF releases new strategic plan  Bay Area Reporter, America's highest circulation LGBT newspaperThe San Francisco AIDS Foundation has released a five-year strategic plan that includes a new mission statement for the long-lived organization, reflecting its ...
3 Strategic Differences Between Nonprofit and For-Profit Hospitals  HealthLeaders MediaCommunity emphasis, cost-consciousness, and planning horizon are distinguishing strategic characteristics of nonprofit and for-profit hospitals.
Hub Announces Another Advisor Acquisition  National Association of Plan AdvisorsHub International Limited has announced another acquisition. This time – the fourth this week – the acquisition involves “certain assets” of WhartonHill ...
5-year planning is a difficult task, but doable with cooperation | Opinion  Jackson SunI sat in on a couple of sessions this week The Jackson Chamber set up where many leaders in the community – political, business, and otherwise – discussed ...
Hub Goes on Acquisition Binge  National Association of Plan AdvisorsThere was quite a hubbub this week about a series of acquisition announcements from Hub International Limited.

Will and Vision

Remember Chux? The disposable diaper that took the market by... Read More

Fail to plan... or Plan to FAIL??

Running a business, whether it be an offline multi-billion dollar... Read More

Memo: Sustaining Growth in Your Business

What gets measured gets done.How do you keep your business... Read More

Clearing the Path: 4 Ways Fear Wreaks Havoc on Your Dream and What to Do About It

Please take a moment before you read any further and... Read More

Attributes of Companies You Dont Want to Buy!

There are no "rules of thumb" in the pursuit of... Read More

Executive Summary for Business Plans of Franchisees

Writing a business plan for a franchised outlet of a... Read More

The Tables Have Turned - Its Officially a Sellers Market

Private equity firms have raised so much capital over the... Read More

How to Grow Your Business by Clearing the Way to Growth

Is your business growing as fast and effectively as it... Read More

Changing Strategy Without Losing Your Customers - Three Vital Steps to Refining Your Strategy

American Eagle Outfitters and Wet Seal Stores have issued statements... Read More

Breaking the Growth Barriers in the Information Technology and Software Sector

There's nothing automatic about corporate growth, particularly in the information... Read More

Becoming Wise - Wild & Free - Writing A Successful Business Plan - Part 2 - Do It In Steps

So you've decided to write your own business plan because... Read More

Business Plan Financial Projections: Stop Worrying About Being Right...

Business plan financial projections seem daunting because they are so... Read More

Creating a Vision That Achieves Results

How important is a vision statement to your company or... Read More

Business Process Methodologies

I've either been involved with or held a process-related role... Read More

Sales Planning and Business Plans

Writing a business plan can be tricky when all the... Read More

Corporate Contingency Planning

Part 1A few weeks ago I attended a seminar sponsored... Read More

SWOT Analysis

If you've ever listened to Warren Buffett talk about investing,... Read More

Innovators Role at Hard Times

One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory... Read More

A Unique Joint Venture Twist: Make Huge Profits Even If You Have No Money, No Products, and No List

Would you like to jumpstart your online or offline business... Read More


I. INTRODUCTIONThe term resilience, which is of frequent use in... Read More

5 Strategies That Will Boost Your Business Productivity Today! - Part 1

Building a dynamic small business is a constantly evolving, increasingly... Read More

10 Critical Facts to Put On the Cover of Your Business Plan...

In most business plans, no matter how striking the idea,... Read More

Why You Need a Business Planning System NOT a Business Plan

When someone mentions business planning we have been conditioned to... Read More

How To Kick Start Your Business And Double Your Profits

This will make some people angry as hell, but it's... Read More

Business Plan Long Term Goals

Writing a business plan is not an easy endeavor, nor... Read More