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INDUSTRY SPECIFIC ASSISTANCE

More on Management Bureaus

I. MEMBERSHIP

  • A group of 6 - 12 plant owners from noncompeting geographic areas.
     
  • New members require acceptance by 100% of the existing group.


II. GENERAL MEETING FORMAT

  • A visit to the host member's plant in which the group critically analyzes and suggests improvements.
     
  • A comparative review of financial and operating performance factors among the member plants.
     
  • Special reports and training sessions by the coordinator dealing with specific areas of interest.


III. PREREQUISITES FOR A SUCCESSFUL MANAGEMENT BUREAU

  • A desire to improve your operation.
     
  • A willingness to disclose financial ratios and production data to the Bhtureau members.
     
  • A willingness to provide data in a uniform manner.
     
  • The ability to give and accept constructive criticism.           


IV. MEETING & FEE STRUCTURE

  • Generally, the Management Bureaus meet once each quarter for two days. 
     
  • The monthly payments cover unilimited phone call and email support between meetings, as well as the meeting fee.
     
  • During meeting months there is an additional food and meeting room charge. 
     
  • The monthly membership fee is charged regardless of actual attendance at the quarterly meeting.

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