Corporate Board Consulting in Denver
ABA is a Denver based professional services firm that draws on its consortium of elite executives and C-level corporate officers to help grow emerging companies. Clients contract with ABA to grow their revenues and profit margins faster and with less costs and headaches associated with a traditional sales team.
ABA's empowered executives are assigned and managed through a formalized advisory board consulting process with the sole purpose of company growth, not governance, which limits the liability for a company and its advisors. ABA Advisors provide the intelligence, corporate navigation and key relationships that are mission-critical to market success for our clients.
Corporate Success Advice: How To Set Up An Advisory Board
ABA operates as a "business process outsourcer." Setting up an advisory board is nothing new, but the ability to set one up correctly is very time intensive. Without a formalized process and guidance on how to set up an advisory board these boards usually fail. Those that realize they don't have the time, extensive network or methodology to increase the chances of success and decrease the cost outsource to ABA.
Our clients realize the following tangible and quantifiable outcomes:
- Strategic Decisions
- Strategic Business Development
- Strategic Introductions (Clients, Alliance Partners, Potential Investors)
- Real Market Applications
- Customer Input/Demand Validation
- Operational Optimization
- Talent Assessment/Validation
- Corporate Venturing
- Mergers/Acquisitions
Advisory Board Consulting
ABA specializes in advisory board consulting for its clients and utilizes its proprietary methodology to determine the composition and chemistry necessary to meet the company growth objectives, and then recommends the size and objectives of the advisory board. ABA then draws on its proprietary ABA Consortium to qualify and build the advisory board. After the client has selected its advisors, ABA then "project manages" the process of execution to ensure the company objectives are met at the board level.
ABA's advisory board consulting services are comprehensive, yet flexible enough to align with client requirements based on their life cycle roadmap and market conditions. ABA services include:
- Board requirements definition and composition planning
- Board Member Qualification and Presentation
- Advance Technology Review and Validation
- Talent Assessment (assessment tools) and chemistry matching for exec team/and or advisors
- Proprietary Board Management Methodology/Process
- Advisory, Equity and Compensation Agreements
- On-Line Services for communication and distribution of content
- Client's Advisory Board Members have access to the entire ABA Consortium
- Advanced group market and business plan validation
- Due diligence on companies from their current or potential clients and experts in the industry or vertical
How Do You Create An Advisory Board?
Our service is all encompassing as there is no separate agreement for the service and the board. Clients are contracted to ABA under a defined agreement, and not the individual advisor. ABA provides corporate success advice and then manages compensation, equity agreements, non-disclosure, and work statements on behalf of the client. ABA also manages the paperwork, professional facilitation of meetings, compensation and accountability procedures between the board and our clients. After the initial agreement begins, ABA invoices clients quarterly. Those that realize they don't have the time, extensive network or methodology to increase the chances of success and decrease the cost outsource to ABA for board consulting.
At ABA, our Consortium is our business, and the advisory board is our clients' business. Connecting Advisors to our client company's value propositions and then managing the effectiveness of these connections is a critical component demonstrated by the success of our past clients. ABA advisory boards result in corporate investment opportunities, OEM relationships, strategic alliances, customer pilots, and reseller agreements, customer contracts, acquisition opportunities and increased value of the company itself.
Pricing
ABA operates primarily with a value-driven, performance-based pricing model. Consequently most of our fees are generated through the revenue growth of our client companies. Services for ABA are generally budgeted from the Sales and Marketing budget. Clients should evaluate our pricing using the Cost of Sale or Return on sales metric. ABA clients find that our services cost on average between 1/2 and 1/3 less than a strategic sales person but deliver 4-5 times more top line impact and increased value to the company itself. In addition our clients realize tremendous ROI in time from having a professional organization manage their board.
