The Sprott Advisory Board is comprised of a broad cross section of members of the external community, including leaders, visionaries, and entrepreneurs who understand the needs of the marketplace and believe in the importance of world-class business education. Membership should be diverse in terms of gender, culture, sectors and public and private ownership and members should share our commitment to making a positive difference for Ottawa, Canada, and the world.
Board members are chosen by the Dean, in consultation with the Advisory Board Chair, the School management team and key stakeholders. Members of the Board will typically serve a two-year renewable term of office. The Chair of the Board will be appointed in a similar manner and will also normally serve for two years, with the possibility for renewal. Total board membership should not exceed 15-20 representatives of the external community at large. Membership on the Board is in a volunteer capacity and expenses for work in this capacity are not paid for by the School.
Frequency of Meetings
The Board will meet at least three times per year, typically once in each of the fall (September to December), winter (January to April) and summer (May to August) terms during the academic year, or as needed and agreed upon by all members and other participating stakeholders.
The Sprott Advisory Board provides the Dean of the Sprott School of Business with support, expertise, advice and connections in the following three core areas:
- Advise on the overall strategy and direction of the School, particularly in terms of issues such as strategic direction, and market needs and opportunities.
- Consider recommendations and offer advice on a broad range of issues relevant to the Business School’s work, including research activities, program and curriculum development, academic standards and faculty development.
- Help establish and develop the School’s position, where appropriate and practical, within areas of professional practice that board members have experience.
- Help and assist School with accreditation processes such as meeting with Accreditation Boards.
- Champion the School, build the Sprott brand locally, nationally and internationally by communicating key strategic messages, create awareness for existing and new program initiatives, and showcase both school and student achievements.
- Connect the Dean and other members of the school to the broader communities in regards to building brand and awareness, and partnership opportunities.
- When requested by the Dean, to act as a spokesperson on behalf of the School, which could include being profiled on the School website and in other communication as an Advisory Board Member.
- Advise on fundraising activities, including identifying opportunities most relevant to the focus areas of the School.
- Support fundraising, donor identification, and/or connection-building with the business and broader community.
The powers of the Board will be limited to recommending lines of action based on strategic and operations information received from the School’s management team. The final decision on whether or not to act on the recommendations will rest with the Dean and the School.