The Alternative Board Nz

The Alternative Board® (TAB) started in 1990 is now in 25 countries and has a proven record of improving its members’ business success and profitability. It uses the year old proverb that "many heads are better than one." TAB combines business coaching, business improvement tools, and monthly confidential peer board meetings to help business owners achieve their personal goals. TAB board members comprise Business Owners / CEOs who run businesses in diverse non-competing fields. We operate different boards for small, medium and large sized companies. We facilitate, guide and enrich the process. Members discuss their current issues, challenges and opportunities, as well as their long-term plans and strategies and hold each other accountable for success. 70-80% of business issues are common across all industries. Members receive real world advice from someone else who has already been there. The diversity also provides innovation and transfer of best practice from one industry to another. Fellow board members do not have an emotional attachment to your company. They have nothing to gain or lose so you get a fresh set of eyes to look at your problem, the truth, and unbiased opinions from fellows wth your best interest at heart. As Richard Branson says “I believe in never asking just one person but in getting as much feedback as possible. Opinions always vary. By asking several people what they think, you get many angles and can weigh them all. This way, you are never considering just one person’s opinion, so no one piece of advice is ever truly bad." Common issues- Working long hours fire fighting- Great operators don’t get rich, they get tired- Lack of planning and structure- Feeling isolated- Seeking accountability- Staff- Sales / Marketing and Cash flow challenges- Succession planning and preparing the business for sale- Leadership and Alignment.