What is the Business Owners' Board of Directors?
The Board of Directors for Business Owners is a forum for fellow presidents, owners, and CEO’s of non-competing companies to improve their business and solve problems. In business, the unknown is often where the growth is. Expand your lens and capitalize on the wealth of experience and insight in the room. Our members have a “safe place” to discuss issues, solve problems and identify opportunities.
What are the Benefits of a BOD Membership?
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Trusted, confidential environment to discuss business issues*
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Solve problems!
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Think tank environment. Surround yourself with the support needed to grow your business.
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Gain knowledge and insight from others’ experiences and allow peer members to benefit from your experience.
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Maximize your options with fresh points-of-view.
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Enhance your business and management skills.
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A resource for networking.
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Take your business to the next level!
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Your BOD membership may satisfy the requirement to hold Annual General Meetings (AGM) if your Articles of Association or by-laws mandate.
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*all Board of Directors (and visiting) members must sign a Non-Disclosure Agreement
What Takes Place at a BOD Meeting?
Board meetings are designed to encourage members to work “on their business” as opposed to working “in their business”. You will be encouraged to step back from the day-to-day pressures, take a more objective view, and gain added perspective from the insight, experiences, and collaborative innovation of other business professionals.
Led by a skilled facilitator, each meeting consists of two parts. The first part may include a pre-chosen topic for review and discussion. Your facilitator might share a thought-provoking article or arrange an outside presentation. The bulk of the meeting is devoted to members’ specific issues. Each member is given an opportunity to share a problem, raise questions and request input from the group.
Subjects can range from soup to nuts. You will tackle issues near and dear to your heart whether it’s a proposed compensation plan, a challenging employee, or a possible purchase or merger. If it pertains to your business, you can put it on the table.
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The Board of Directors meeting is held once per month, generally on the same day each month, (ex: 3rd. Wednesday at 8:00 a.m.) Each meeting will last 3-4 hours depending upon the topics and discussion. We are committed to making the best use of our Board Members' valuable time.
How Do I Find the Time for BOD Membership?
Unfortunately, there are only 24 hours in each day. BOD membership can make you more productive, but no one can create more time.
The real question is - How do you feel about your business? Do you want to take it to the next level? Get more out of it? Do you believe that you could be more profitable?
If you answered “yes” to any of these questions, it’s time to do something different. It’s easy and comfortable to keep doing things the same old way, but unless you start making changes, your business can’t change.
Change requires commitment. The BOD for Small Business Owners is for entrepreneurs who are committed to improving their businesses and their lives and are willing to invest a few hours each month to do so.
GROWTH AND INNOVATION PLANS
We help businesses improve their performance through innovation in products, services, and strategy.
Best Value
Getting the Most Value From Your Membership
You will get the most benefit from your BOD membership if you are willing to take the time and do the work it takes to make your business better. Not the physical, day-to-day work to run your business but the x-ray approach that allows you to see under the surface for improvement gaps and growth opportunities. Members must be respectful and open to new ideas or constructive feedback from fellow board members whether you’re providing the feedback or receiving it. Most of all, you must be committed to improving your business and taking accountability to do so.
Business Owner Board Membership In A Tough Economy
This is the best time to join the Board of Directors for Small Business Owners. During a recession, the tendency of most business owners is to cut costs such as marketing and training. Yet, studies indicate that the most successful companies do exactly the opposite. These organizations move fast and move with a plan to reinvent themselves.
Business owners are advised to build a network of advisors that will help propel your business forward and take actions with a long-term view in mind.
Lee Iacocca, former President and CEO of Chrysler Corporation is credited with pulling Chrysler out of the brink of financial ruin. Iacocca is quoted as once saying “ We are continually faced by great opportunities brilliantly disguised as insoluble problems."
Today’s leaders must be visionaries for their companies. No longer can they afford to maintain the status quo but instead must prepare for the future. Think about your business and the roads not taken or decisions you would not make again. Your Board Membership will position you to grow faster than your competitors, make better decisions and seize business opportunities with greater agility.
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Join the Board of Directors for Small Business Owners. It will be one of the best investments you’ll ever make for your business and yourself!
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