1. 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.

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

3. 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.

4. 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

5. 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.

6. 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

7. Advisory Board Value Propositions 1/3

8. Advisory Board Value Propositions 2/3

9. Advisory Board Value Propositions 3/3

10. Key Value Propositions for Academic Institutions

11. Key Value Propositions for Firms

12. 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

13. The Four Universities

14. Overview of Each Advisory Board 1/3

15. Overview of Each Advisory Board 2/3

16. Overview of Each Advisory Board 3/3

17. 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

18. Four Advisory Board Archetypes 1/2

19. Four Advisory Board Archetypes 2/2

20. 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

21. Creating Advisory Boards 1/2
Defining Board Mission and Objectives

22. 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

23. 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

24. Managing Advisory Boards
Governance
Meetings: Agendas, Action Items and Participation
Board Members and their Employers
Turnover and Renewal of Advisory Board Members

25. 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

26. 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