by Tony Grover, Chairman, MVCA, & Managing Director, RPM
The last five years have been a period of significant growth and change for the Michigan Venture Capital Association (MVCA). To best ensure the continued success of MVCA and, by extension, our industry, MVCA board of directors and staff has taken on the challenge of developing a strategic plan that will set our association’s course for the next five years.
Our process is starting this month and will culminate with the anticipated adoption of the strategic plan in December 2016. We’ll be guided in the process by strategic planning facilitator Scott Patchin, who came highly recommended by one of our partner organizations. A veteran of manufacturing, banking, and healthcare, Scott’s consulting focuses on key transition points for organizations and leaders in high growth companies, mainly Inc. 5000/”Michigan 50 to Watch” organizations. His core belief is that strategic planning has to have a strong focus on execution, including a focus on building the capacity of the organization’s leaders to effectively do the work once the plan is complete.
MVCA members and other influencers in our industry will be integral in the early planning stages, as we assess the impact MVCA has had in the past along with how MVCA can best serve our members and industry in the future. The MVCA membership has been asked to take a short online survey, participate in one-on-one interviews with our facilitator, and/or join MVCA at an investor feedback lunch to share ideas and give us the tools to begin shaping the direction of MVCA in the next five years.
There is a lot of work to do to make sure MVCA has a clear mission moving forward, but I am heartened by the eventual outcome: the promise of securing the future of this industry’s association. Thank you all for your role in this process, and I look forward to sharing updates with you as the year progresses.