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OUR VALUE TO CLIENTS
Because the Center’s Directors
come from accomplishment oriented, “real”
and diverse business backgrounds, they are able to
apply their skill sets and knowledge directly to the needs
of client companies by working intimately with the owners
and top management personnel of those firms on a focused basis.
Typically, client companies seek the Center’s services
because of it’s positive reputation from other business
assistance professionals, knowledgeable community leaders,
and successful prior client firms.
Most of the Center’s candidate clients which request
assistance are specifically interested in working with experienced
business managers. The four directors combine to provide an
experience base well in excess of 100 years and have worked
in key management positions for more than 20 companies in
a variety of industries.
The Center usually has a waiting list of would be client
firms and often has to turn down or delay new projects, since
it always has more companies requesting assistance than can
be assisted. However, because of this situation, the Center
is well known for selecting clients which have the best opportunity
for success.
The Center provides in-depth business planning and problem
solving on a fee basis. A formal agreement between the client,
the ODU Research Foundation, and the Entrepreneurial Center
becomes the formal basis for assistance provision. It includes
a specification of deliverables, cost, timing, and other important
aspects of the relationship, so there is a clear understanding
of what the mission for the project is.
While the Center’s Directors usually work individually
with clients on separate projects, they are able to seek and
receive valuable input from each other when needed. This provides
clients with extra value at no extra cost.
Also, on a selective basis, the Directors can even assume
key management roles within client companies on an interim
and/or part time basis and, thereby, become actively engaged
in the implementation of plans which they have helped to develop.
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