An early stage nonprofit or social enterprise may need board members who are willing to devote considerable hands-on time to building the businessplan, theory of change, andstrategy.
But the competition taught Kapler and Parthasarathi one of the most important lessons in their startup careers: how to effectively communicate their vision andstrategy with different audiences in various forms, ranging from businessplan to elevator pitch.
Somewhere in the last 50 years finance pros, and a lot of expensive strategy consultants, led business leaders to believe that if they simply did enough number crunching they could eliminate all risk andplan a guaranteed great future.