OpenView Labs – Finance Capability Maturity Model
March 24, 2010
We at OpenView have made a huge bet on making our ability to deliver operational value-add our number one differentiator from other venture capital investors. We deliver that expertise through OpenView Labs.
Here’s the latest case study from the Labs team… This one talks about the Operations and Organization Capability Maturity Model (CMM). The CMM was put together by Cynthia Mignogna, our Finance principal and her team.
The CMM is a comprehensive framework and workshop targeted at expansion stage software company CFOs. It includes:
- A hands-on 2 day workshop that engages the CFO in benchmarking his/her company against five levels of finance and operations maturity levels
- A 12-18 month plan that lays out the specific process/system/people changes required to move up the maturity levels
- Check-ins and assessments for our companies to gauge their progress
To learn more about the model, check out the case study here.
The bet we are making at OpenView is that our portfolio companies are better off having us as venture capital advisors delivering our expertise through hands-on operational support… than semi-engaged board members that need to shepherded.