What is the focus of your Advisor Services?
Our Advisor Services are designed to build the capacity of individual nonprofit leaders, leadership teams and Board members. We work with you to identify specific goals and areas for development. Then we support the individuals or teams through regular interactions during which we observe practice and provide actionable feedback on processes and practices highlighting their impact on the organization. We also facilitate initiatives such as strategic visioning exercises, problem solving group facilitations and SWOT analyses that engage a broader group of stakeholders.
Why might our organization want Advisor Services?
Nonprofit organizations may want Advisor Services for many reasons.
If the organization has completed a succession plan and has identified senior staff they wish to cultivate as leaders.
If the organization has a new Executive Officer, the Board may want an experienced senior nonprofit executive, from outside of the organization, to meet confidentially and provide a professional support for the new officer.
If the ED and/or Board has launched a major new strategic initiative for the organization, an experienced outside executive can help be an objective resource to either facilitate meetings or help explore options while the selected team gets started.
How do you identify advisors that are potentially a good fit for our organization?
An IES Partner will interview people your organization designates so we can get to know your organization and to better understand your goals. We will send you a preliminary assessment to be sure we have captured all relevant information. Once the assessment is approved we will set up a meeting between representatives of your organization and the IES Associate who might fit your needs.
How do you estimate the cost for the contracted engagement?
We recommend that on-site advising be scheduled on a regular basis and we base our fees on anticipated on-site hours. In most cases we do not charge for online or phone consultations that take place between sessions unless the Advisor phone conversations are determined to be the best mode of advising. Meeting facilitation services are costed at the rate of on-site time and a mutually agreed upon amount of preparatory time. Our hourly fees may change and are available on request in the context of a specific project.
Do you charge a management fee or any other fees for overseeing the engagement?
Interim Executive Solutions [IES] charges no placement or management fees to the client.
What is the duration of an Advisor Services engagement?
There is no prescribed minimum or maximum duration for an Advisor Services engagement. It can continue as long as it is delivering value to your organization and can be terminated at any time. Usual contracts stipulate a two week notice by either party.
What is the contracting process? Does our organization sign a contract with IES and/or with the Advisor?
Your organization will enter into a consulting agreement with IES that will specify the scope and goals of the assignment along with any parameters such as anticipated hours, pay rate, deliverables, payment schedule etc. IES typically bills monthly based on either actual hours of service or based on a predetermined project deliverable.
Can you provide other services during this engagement?
IES has many highly qualified specialists who are available for short consultations when appropriate. We also have a broad network of capable professionals and partner organizations we can recommend for other services, all with no finder’s fee to your organization.