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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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