Why Should a Business Owner join a TAB Peer Board?
Reason 1: Return on Investment (ROI)
As a prudent business person, TAB members firstly look at their ROI in their TAB membership. Because the needs of each business owner vary and are unique to the current state and desired future state of the business owner, typically members gauge their individual ROI benefits from a weighted assessment of Reasons 2 through 5 that follow, plus these additional factors:
- Risk Reduction in taking or moving forward on decisions.
- New Practices or Methodologies to implement that others on their board have already implemented.
- “Heads-ups” on how to approach potential future issues or challenges that another board member is currently facing.
Reason 2: Strategic Thinking (pertaining to new products or services, investments or divestments, and human resource talent)
Reason 3: Accountability (for moving the owner’s individual business plans and agenda forward)
Reason 4: Taking Advantage of and Accessing the Resources of:
- TAB International
- The experience base and contacts of their personal TAB Business Coach
- The experience base and contacts of their fellow board members.
Reason 5: Ongoing Business Education Available to Each TAB Member Through:
- Board Speakers that the individual board might request attend a monthly board meeting
- Monthly TAB Business Bites Lunch ‘n Learn Sessions on topics of interest to majority of board members
- Quarterly Half-day Workshops where board members leave with actionable items for their business.
