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Building Cross-Functional Teams for Sustainable Community College Entrepreneurship

Join us in today's session focused on creating cross-functional teams that align the objectives of community colleges, government, and economic development entities. We will outline a mentorship framework that leverages foundation members and alumni to support program funding rather than capital needs. Discover how mentoring contributes to successful partnerships, what roles mentors play, and the interests represented on foundation boards. Learn actionable strategies to enhance the impact of your entrepreneurial programs and strengthen community ties.

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Building Cross-Functional Teams for Sustainable Community College Entrepreneurship

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Presentation Transcript

  1. Key Partner for Your Entrepreneurial Program: Your College Foundation

  2. Goals of today’s session:

  3. Create a cross-functional team to align goals of community college, government, economic development and other institutions. • A framework for a mentorship program utilizing foundation members and support. • Utilize alumni to fund programs, not capital needs.

  4. How do you “use” your Foundation?

  5. Create a cross-functional team to align goals of community college, government, economic development and other institutions. • A framework for a mentorship program utilizing foundation members and support. • Utilize alumni to fund programs, not capital needs.

  6. Business Community 99.2% • College President 93.0% • Alumni 76.7% • Board of trustees 73.6% • Other college administrators 48.8% • Government 42.6% • Non-profit community 34.1% • Faculty 31.8% • Staff 23.3% • Students 17.1% What interests are represented on a foundation board?

  7. Scholarship • Capital Improvements • Educational opportunities • Technology • Revitalizing the community What does the foundation use the $ for?

  8. Create a cross-functional team to align goals of community college, government, economic development and other institutions. • A framework for a mentorship program utilizing foundation members and support. • Utilize alumni to fund programs, not capital needs.

  9. Goals – What are we looking for? • Students – Who are they? • Course Structure – Path • Resources – How we do it? • Role of Mentors – Time, responsibilities, etc. • Who Should Be a Mentor? – Is it right for you? Mentor Workbook

  10. New Mentor Information Sheet – Who are you? • Mentor Assignment – Who gets who? • Mentor Summary – Team listing of assignments? • Mentor Update – How is the team doing? Worksheets

  11. Create a cross-functional team to align goals of community college, government, economic development and other institutions. • A framework for a mentorship program utilizing foundation members and support. • Utilize alumni to fund programs, not capital needs.

  12. People • Program • Place

  13. Thank you John@johnliddy.com

  14. How to Mentor by TechStars • Be socratic. • Expect nothing in return (you’ll be delighted with what you do get back). • Be authentic / practice what you preach. • Be direct. Tell the truth, however hard. • Listen too. • The best mentor relationships eventually become two-way. • Be responsive. • Adopt at least one company every single year. Experience counts. • Clearly separate opinion from fact. • Hold information in confidence. • Clearly commit to mentor or do not. Either is fine. • Know what you don’t know. Say I don’t know when you don’t know. “I don’t know” is preferable to bravado. • Guide, don’t control. Teams must make their own decisions. Guide but never tell them what to do. • Accept and communicate with other mentors that get involved. • Be optimistic. • Provide specific actionable advice, don’t be vague. • Be challenging/robust but never destructive. • Have empathy. Remember that startups are hard.

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