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, and strategy.
But the competition taught Kapler and Parthasarathi one of the most important lessons in their startup careers: how to effectively communicate their vision and strategy with different audiences in various forms, ranging from businessplan to elevator pitch.
Gidley-Kitchin believes Vodafone's reported interest in T-Mobile U.K. is illustrative of the strategy of its new, pragmatic chief executive, Vittorio Colao, who's businessplan is focused on cash flow more than strategic growth.