inX3 Pitch Competition

The Boardable team attended inX3 last week, an event that celebrates and brings awareness to Indiana’s venture and entrepreneurial community. As part of the event, Boardable along with 24 other statewide startups were selected for a pitch competition and competed in the finals for a $100,000 prize package.

The judging rubric consisted of the following criteria:

  • Market - Is there a clear value proposition based on customer interviews?

  • Product - Is there a well-defined and useful MVP?

  • Business Model - Does the business model fulfill a market need?  Is there a path to monetization and profit?

We are proud to be a part of such a vibrant and innovative community and to be considered as one of the most promising startups in Indianapolis. The support and feedback we receive from the community helps our team grow and bring our product roadmap to life. 

 

photos: JEb Banner and Andy Clark Pitch at INX3

Boardable 2.1 Product Updates

The team at Boardable has been creating and working hard to bring features to the product that can be the vehicle for board engagement. With Julie's recent blog post A Board Member's Time we received a bit of insight into how important and cost effective it can be to use board time effectively. The product team wants to help a board's focus shift from logistics and tactics to purpose and governance. Exciting new features help achieve better meeting turnout, peer interaction and superior document management and retention. 

Introducing...

The Scheduler

We all know how big of a headache it can be to find a date that works for a group of very busy individuals with varying schedules. The Scheduler is here to help alleviate some of that friction. Select as many dates as you want and see which works best for your board before setting the date for the upcoming meeting. 

 

Document Center

The document center had a bit of a cosmetic makeover in addition to new security features and the ability to create subfolders. Documentation management and retention has never been easier!

  • Limited Access
    • Limit access to folders that contain financial or sensitive materials 
  • Create Subfolders
  • Attach documents to polls, discussions, comments and meetings
  • Re-arrange document order in a meeting

 

People Directory

The people directory is equipped with larger photos, board role title and sorting options. What better way to encourage board interaction than with a full profile on each member. Quickly view the people directory before each meeting and get to know your peers!

 

If you haven't had a chance to check out the product for your board go ahead and sign up for a free 15 day trial today!  

We'd love to hear your feedback and learn additional ways that we can help craft a better board experience. Have a few thoughts?  Send them our way.

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A Board Member’s Time

I am 15 minutes into a nonprofit board meeting and I look around the table to take note of the talent represented -- diverse, busy, expensive talent. Wondering how much each person charges for an hour of his or her time, I add up $150, $250, $95, $300, circling the table for a total guesstimate of $2000.

Huh, I wonder whether our organization would have paid $500 for the last 15 minutes of getting everyone up to speed?

In that moment, the concept of best use of a board member’s limited time and great talent crystallized for me.

 

Fast forward a year. Different job, working with a different board. I’m on the phone with Christy Kim. She is the 2017 Board President for the Raleigh-Wake Human Resource Management Association (RWHRMA) in North Carolina.

“Our board position terms are officially one year, so to be effective we need a place to be organized and a platform to help keep our meetings strategic. We need something to make handoffs easier from one board officer to the next.” Kim tells me over the phone. “And we need a tool to fit the working methods and technical abilities of different generations -- Millennials, Gen-Xers, and Boomers.”

I’m talking with Kim because I now work for Boardable, an Indianapolis-based startup that is building board management software. It is software that is cloud-based, so it can be used on any computer or device, and born in the heyday of user-experience (UX) design, so it’s intuitive to use. No need for an IT office or specially-trained administrator.

 

Mission, Membership, Mastery

Based on Boardable’s experience, top performing nonprofit boards understand the Human Resource adage Mission, Membership, Mastery doesn’t apply only to employee engagement; it applies to board engagement. Boardable was built to leverage engagement, keeping these three key concepts at the forefront.

In the top right-hand corner of the Boardable dashboard is an announcements box, where the organization’s mission, impact elevator pitch, or updates can be a handy reminder for board and committee members. Mission and mission-related activities are kept top of mind.

 

Boardable has a board member directory that both board members and liaison staff can update, making it an evergreen directory for better use of everyone’s time. Each entry includes a headshot. Glancing at the directory prior to walking into the meeting is a handy way to remember faces and names. And greeting someone by name—especially when it’s not expected—can improve the feeling of membership and inclusion.

There’s a reason a person is recruited to a board: functional expertise, subject matter expertise, volunteer time, ability to give, or mastery and talent in multiple domains. It is difficult to capture each person’s talent in one hour once a month or once a quarter. Make better use of each board member’s talent by making better use of meetings. Boardable is built to manage meetings, with the ability to contribute comments, discussions, documents, or polls for a meeting before, after, or during. When a board member wants to contribute insight specific to an upcoming or past board meeting, there’s a place to capture it.

 

Indianapolis startup

While we have some customers outside the local area, the lion’s share is here in Indy. We are eager to make an impact locally, where we can have direct contact with organizations.

Helping nonprofits achieve their missions energizes us as we continue to improve the platform. It’s an iterative process. Boardable’s team relies on our users’ success stories, feedback, and requests for additional features.

Tell us what progress you are trying to make with your board; maybe we can help. Come kick the tires for this local startup. And be sure to tell us what you think.

 

 

Julie Heath is the Vice President of Partnerships for Boardable. Julie began her career at the Smithsonian Institution and is fascinated with nonprofit business models. Currently, she's enjoying getting to know her new home city of Indianapolis, IN, where she resides with her husband and son.