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Work with Us
One Man Board establishes a committed relationship with the client CEO, and limits the number of clients served to assure each is given the priority and attention any CEO needs, when it is needed.. Working with Us Fee Structure Getting Started Contact Us
The foundational relationship is the minimum engagement of One Man Board. It provides three one-hour telephonic conferences per month on any topic or topics the CEO selects. These brainstorming, coaching, strategizing, educational sessions usually begin with a short review of the prior couple of calls if there were open items, get-backs, or follow-up matters to consider. Thereafter the CEO guides the direction of the conversational flow. The foundational relationship provides for a reasonable number of short calls to deal with immediate questions or issues. The performance relationship involves a professional from One Man Board who actually undertakes some or all of a project deemed by the CEO to be one that, for reasons of resources, experience, or time-criticality, is better done by going outside the organization. A clear statement of work, deliverables, timeframe, and investment is agreed up front. There is no fee associated with the initial consultation (see below). Once agreed, an engagement letter is signed to begin a formal relationship. Fees for the foundational relationship are comprised of professional fee of $500 billed at the beginning of each month, plus an annual retainer of $2,500. The retainer is due at the beginning of the third month when a client has developed a sense of the values and benefits of the relationship. If that sense is lacking, the relationship is ended at that point. There is no long term commitment; any One Man Board engagement can be terminated on 30 days prior written notice. Fees for performance work are billed at a rate of $1,500 per day. Fixed cost engagements can be agreed if the scope is clear and there is minimum risk of surprises. In the event travel is required for any part of either form of engagement, out-of-pocket expenses will be reimbursed. Both the CEO and One Man Board need to be comfortable that the needs are understood and the chemistry is right. Before accepting a client, One Man Board asks the CEO to answer a few specific questions about the company, and where available, to provide some things like a strategic plan, financial statements, forecasts, organization chart, product or service descriptions, and so on. If the information is not available, that is OK; the whole purpose is to lay some groundwork and identify some areas to discuss. Review this brief profile because it will be the starting point of an introductory discussion. Upon receipt, a no-obligation 30-45 minute initial telephonic consultation is scheduled to provide a chance for each party to evaluate the other and get a sense that the relationship promises to be highly productive and satisfactory. Introductory conversation is an important part; focusing on one or two specific issues One Man Board automatically executes a Non-Disclosure Agreement with the client as a part of the engagement process. Contact UsMail Phone E-mail Chuck Wistar, CEO 443-994-0610 onemanboard@aol.com One Man Board, LLC 3 Church Circle, PMB 222 Annapolis, MD 21401 |
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