Live Wall Media Case Study
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Advisory Board Services Implementation and Execution
THE CHALLENGE
Company needed diverse input from independent sources to evaluate current direction and make introductions to individuals and companies that could contribute to the acceleration of revenue and profit and long term value of the company.
THE SOLUTION
Developed the model, recruited, and delivered an Advisory Board, which helped with the following:
Helped CEO refine existing Business and Go-to-Market Plan
Evaluated and made recommendations to the ongoing operating plan
Introduced company to business development opportunities
Helped CEO raise capital in the debt and equity markets
THE RESULTS
With Advisory Board support, company renegotiated vendor agreements that contributed to a gross margin increase of 20%
Advisory Board business introductions contributed to sales revenue increase of 40% for last quarter
Advisory Board supported changes in product roadmap to reflect changes in anticipated consumption of company’s solution, resulting in investor interest
Advisory Board made sales performance recommendations that have improved forecast accuracy by 25%