How do I know if I qualify to join a TAB Virtual Board?
Our members are business owners and leaders of companies who have been leading businesses for 4 or more years, with 4 or more full time employees. When you apply to become a TAB Member you will be matched to a board that best suits your level of business experience.
How will people from other industries be able to understand my unique business and help me with challenges and opportunities?
All businesses are unique in some way or another. We all face the same major issues with personnel, outside factors like changing economy and government regulations, sales, marketing, day to day operations management and initiating change in our organizations. The advantage of working with fellow business owners and leaders from diverse backgrounds is the ability to hear new perspectives and different ways to handle the same situation from real world experience, which you may not have considered previously. You will also get the opportunity to help others, by offering your perspective and advice.
Who leads each meeting?
Your TAB Virtual Board will be led by a TAB Certified Facilitator Coach. Your Facilitator has a wide array of professional expertise, and are also business owners. They have been trained to lead and facilitate business owner advisory boards, helping to draw out issues and facilitate clarifying questions, suggestions, ideas and advice. They are also TAB certified business coaches who help businesses, just like yours, achieve personal and business success using TAB’s proprietary methodology, proven systems and state of the art tools.
How many Members are in each group?
TAB’s Virtual Boards are very exclusive and intimate in size with up to 8 members on each board. This ensures ample time is provided at each meeting to each and every board member to address issues and opportunities, discuss progress and solicit advice and suggestions from fellow board members.
How do you select who a joins a group?
Shaping the membership of each virtual board is one of the key roles of your TAB Facilitator Coach and is taken very seriously. TAB Board Members are hand selected based on their business experience and their ability to contribute to the group. Every board is different, with its own group dynamic and we take great care to ensure that new members represent the right ‘fit’ with existing members. Each new member is interviewed by a TAB certified Facilitator Coach with the aim of understanding why they expressed interest in joining and what they would like to achieve from their TAB membership. We also discuss personal and professional interests, background and experience, and most importantly challenges and achievements.
Could a competitor join my group?
The simple answer is NO. We have a comprehensive assessment and placement processes which makes sure you do not join a group where potential competitors are already working. Part of our screening process, is to allow existing members to deny new members from joining their group where a conflict of interest exists. This will guarantee no competitors join a group.
Where and when are the meetings held?
All meetings are held in a virtual conference room. Regular dates and times for both your board meeting and business coaching will be discussed with you should you be selected to join.
How long do I have to be a Member of the Board?
TAB members stay for years with their boards (current average membership tenure is 4.7 years!). We ask that you commit to at least 12 board meetings. TAB is confident that you will receive value from your membership. There are no binding contracts, and you will be billed your membership dues monthly. If at any time you need to leave the board, we ask that you provide 30-days written notice.
Do I need any special equipment?
All you need is access to the internet with good connectivity. You need a camera on your desktop or handheld device and be in a interruption-free environment.
Who determines what is discussed in The Boardroom meeting?
Your TAB Facilitator Coach helps each board member prepare their issue or opportunity for each board meeting. This helps make sure the discussions are always high level.
What if I’m unable to attend a meeting?
Although our members make it a priority to attend their monthly meetings, urgent issues do arise from time to time. If you are unable to attend a board meeting, you need to let your TAB Facilitator Coach know. Your seat is held for you, with the expectation that you are able to attend 80% of all board meetings.
What is expected of me as a member of a TAB Virtual Board?
TAB members choose us because we provide them with an incredibly supportive, caring, yet challenging community of like-minded individuals. To continuously strengthen this environment for each of our members to grow, all members are expected to:
- Maintain confidentiality
- Attend and participate at monthly meetings
- Share their wisdom and experience to other members
- Connect with your Facilitator Coach for a monthly coaching call between meetings
What happens during the monthly business coaching call?
Your monthly coaching call with your TAB Facilitator coach focuses on commitments made at the last board meeting, a 90-day goal that you set and commit to with your coach and building the strategic foundations of your business using TAB’s Business Builders’ Blueprint. They are designed to provide ongoing support, where you can ask for further guidance and resources to achieve your goals and objectives. The call will adjust to your pressing needs, issues or challenges that you want to discuss with your coach.