Corporate Advisory CouncilsCoordination &Best Practices

National Professional Science Masters Association meeting

November 14 2013

Why an Advisory Council?• Helps transform mission into action

– Important component since founding of PSMs– Not unique to PSM; engineering & others

• “Eyes and ears of industry”– On behalf of entire Institute– Inputs + outputs

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Advisory Council role

• Evolutionary– Evolving from original curricular & evaluative

orientation to more consultative– A dance, not a march

• Member profile helps determine role– Remains focused on life sciences– Functions shift over time

• What are realistic expectations?

Roles of Advisory Councils

• Advising• Assessing• Networking• Fundraising

February 2013 KGI AC Meeting

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Appointment Process

• Candidates recommended from the greater KGI community

• “Skin in the game”• Must be approved by Board of

Trustees– CVs reviewed

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Why do they do it?

• Interest in KGI• Interest in education• Remember their student days• “Give back”• Networking opportunities• Myriad other reasons

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AC member details

• Three year tenure– Can be renewed at mutual agreement

• Encouraged, but not mandated, to…– Participate– Contribute

• Purposely flexible arrangement

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Participation

• Semi-annual meetings– September– January/February with BOT overlap

• “One other activity”– Ranges from small to significant– Past committees mixed results

‘Unofficial’ AC activities

• Jobs, summer internships• Campus activities

– Class lectures, talks, faculty collaboration– Spotlight Day– Focus Fridays

• Corporate door-opening• TMP sponsorship• Annual Fund

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Member growth history

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Industry sector representation

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Job function representation