Industry-academic collaboration is a strategic necessity in today’s fragmented and turbulent economy. Advisory boards offer an effective way to achieve mutually beneficial and sustained collaboration.
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Challenges of Bridging the IS Academic-Industry Divide Information systems (IS) academics and practitioners live and work in an unprecedented era of technology-enabled change and opportunity. Corporate IT practitioners and academics rarely meaningfully engage with each other except at conferences and through occasional thought-piece articles. Practitioners seldom apply or are even aware of IS research; they worry instead about the quantity and skill level of available talent. Academics find it difficult to sustain systematic conversations about the knowledge needs of the next generation with practitioners focused on short-term concerns.
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Advisory Boards “Individuals appointed to offer expert advice to the elected board of directors. Neither they are bound by the legal duties imposed on the elected board members, nor the elected board is bound by their recommendations.” We define a [college] departmental board as a group of qualified volunteers who provide direction, content and resources to develop knowledge and human capital through a formal structure termed an advisory board. Board activities include, but are not limited to, professional development, research, curriculum, resources and influencing the strategic direction of the department.
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Advisory Board Value Propositions 1/3
Advisory Board Value Propositions 2/3
Advisory Board Value Propositions 3/3
Key Value Propositions for Academic Institutions
Key Value Propositions for Firms
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
The Four Universities
Overview of Each Advisory Board 1/3
Overview of Each Advisory Board 2/3
Overview of Each Advisory Board 3/3
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Four Advisory Board Archetypes 1/2
Four Advisory Board Archetypes 2/2
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Creating Advisory Boards 1/2 Defining Board Mission and Objectives
Creating Advisory Boards 2/2 Recruiting and Selecting Board Members Local Constraints and History The Challenge of Status Board Member Diversity Role of the Dean and University Administrators The Importance of Alumni Board Size
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Managing Advisory Boards Governance Meetings: Agendas, Action Items and Participation Board Members and their Employers Turnover and Renewal of Advisory Board Members
Agenda Challenges of Bridging the IS Academic-Industry Divide Advisory Boards Advisory Board Value Propositions The Four Departmental Advisory Boards Four Advisory Board Archetypes Creating Advisory Boards Managing Advisory Boards Best Practices for Creating and Managing Advisory Boards
Best Practices for Creating and Managing Advisory Boards Create a simple mission statement and select the most obvious archetype Delegate authority to the chair for selecting board members Tell the story about the board to stakeholders Plan regular meetings with interesting topics Provide opportunities to socialize Act on advice that is sought and given to sustain interest and commitment Manage differences in perspectives between faculty and board members Make transparent the expectations and use of board-generated resources Address at least one specific value proposition for each member Engage students