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Corporate Advisory Councils Coordination &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
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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
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
Appointment Process • Candidates recommended from the greater KGI community • “Skin in the game” • Must be approved by Board of Trustees • CVs reviewed
Why do they do it? • Interest in KGI • Interest in education • Remember their student days • “Give back” • Networking opportunities • Myriad other reasons
AC member details • Three year tenure • Can be renewed at mutual agreement • Encouraged, but not mandated, to… • Participate • Contribute • Purposely flexible arrangement
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