Objective Feedback Report
"We want to avoid conflict of interest with investors who are board members. We need unbiased board-level advisory team that can provide input so the next round of capital comes in on time."
CEO Problem
Obtaining clear, objective board-level and investor feedback (e.g. needs) based on industry best-practices vs. "gut feelings". Most boards evolve on a basis of the character strength of a few individuals.
Program Features:
Deliverable-based maturity assessment tools. A well rounded team of experts and investors participate in the assessment program and offer feedback directly.
Program Benefits:
Investors and experts use power tools to identify and credit the company for progress that is easily overlooked by others who lack the proper tools.
Recommendations As
discussed in the benefit "Message Testing &
Refinement," objective feedback is critical to success. It can
be the sole differentiator between success and failure. VenLogic has
designed the tools to be easy to interpret, enabling teams the
ability to "look in the mirror" and begin providing more
consistent feedback among each other.
Many entrepreneurs are surrounded with supporters who are reluctant
to provide corrective advice that can impair a personal
relationship. This was the journey of many Dot Bombs. From the CEO's
perspective, everyone is an advisor with an agenda, which makes
sorting out advice difficult and time consuming. The assessment
report contains tools that enable team building, thereby helping
CEOs and boards to be more effective, prioritizing their issues, and
benchmarking their progress.
