Strategic Management Resources
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Peer Groups

Best Practices Boards

 

Best Practices Boards: Key Components

The Best Practices Boards program is built around groups of business owners who meet one morning or afternoon each month (10 times a year). Each meeting includes:

•  A ‘Best Practices’ discussion on a pre-selected topic
•  In-depth ‘Board Reports’ from selected group members
•  Brief ‘State of the Business’ updates from each group member

The Best Practices Boards program also hosts occasional meetings for all Best Practices members, featuring a noteworthy guest speaker on a relevant ‘Best Practices’ topic.

The Benefits of Participation

Depth of Experience: Best Practices Boards are composed of other business owners just like you. In fact, a typical board can bring together between 100-200 years of actual business experience. That means that ideas shared during our meetings come from first-hand experience.

Best Practices: Best Practices Boards typically include business owners from industries that are totally unrelated to yours. That diversity of experience exposes you to best practices from other industries, offering access to a greater range of ideas.

Learn from Others: The most valuable insights that Best Practices members gain from their participation often come from the discussing the problems of other participants. Members often see similarities with their own issues and challenges, gaining a completely new perspective.

Accountability: While business owners can hold others accountable for results, there’s usually no one to hold them accountable. Best Practices Board meetings can help you to focus and take action on difficult business issues.

An Environment of Trust:  The Best Practices Boards program creates and promotes an environment of respect and trust for all group members. And shared experiences within a Best Practices Board often lead to supportive and beneficial relationships outside of the group 

The Features that Make it Work

Confidentiality: All members agree that any information disclosed within peer group meetings is confidential and must not be communicated to others outside of the group. Breach of this agreement is grounds for dismissal from the group.

Experienced Group Facilitation: We have facilitated CEO peer groups since 1995, and understand how to structure and orchestrate each meeting to ensure maximum value for each participant.

To Learn More…

To attend one of our upcoming informational meetings about the Best Practices Boards program for business leaders, click here to send us an e-mail, or call us at 781.235.0995.

 
 

 
 
Our Best Practices peer group gets me out of the office and allows me to focus on setting goals for the future
— Kristin Draper, Draper Knitting