The summits of various kinds of business are, like the tops of mountains, much more alike than the parts below – the bare principles are much the same; it is only the rich variegated details of the lower strata that so contrast with one another.
– Walter Bagehot (Editor-in-Chief, The Economist, 1861-77)
At first sight, the butcher, the baker and the candlestick maker are ill-assorted companions for sharing business advice. In reality, of course, our modern economy is even more diverse, but our experience at The Alternative Board is that the undertaker can have words of wisdom that help the digital agent; and the wedding venue operator’s advice to the engineer can bring real and value. Diversity is at the heart of the strength of our board meetings.
Business leaders all benefit from a structured approach to planning, including the identification of a personal vision as well as one for the business, a SWOT (strengths, weaknesses, opportunities, threats) analysis, and a strategic plan. Working with a business coach who supports and board colleagues who challenge the planning process multiplies its effectiveness significantly: TAB member’s businesses grow two and a half times more than the nationally reported average.
To return to Bagehot’s mountain analogy:
But it needs travelling to know that the summits are the same. Those who live on one mountain believe that their mountain is wholly unlike all others.
TAB membership offers the opportunity to visit other peaks, broadening the mind and opening up learning opportunities that will help you grow.
By Matthew Cawthorne – TAB Three Rivers
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