Tactile Technologies bolsters scale-up strategy with appointment of advisory boardTactile Technologies has appointed an expert advisory board to support its growth strategy. The advisory board members, bringing skills and experience across financial management, governance, retail, business development and technology solutions, will work with Tactile Technologies executives to scale the business.
Mercuri says: “Tactile Technologies has grown quickly in the past five years, and overcame challenges that many of its competitors didn’t. A combination of having the correct strategy and diversification allowed the business to grow, but that also presented the business with some growing pains. Mercuri adds: “We held the first meeting with the advisory board recently and, from the first minute, it was great to see their commitment to helping us make the business stronger. It was a very exciting kick-off session – good input came up, including advice on new business models, packaging of solutions, data usage, governance and financial management.”
“You don’t always find the knowledge you need in books or online. Young businesses can harness the experience of ‘greypreneurs’ – successful, older business people – for insights and access to networks,” Broude says. “Businesses often need the older person with worldly experience to mentor them to become even more successful.
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