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RESPONSES TO FREQUENTLY ASKED
QUESTIONS BY PROSPECTIVE TAB MEMBERS Table of Contents
Q. What is The Alternative Board TAB®?
A. The Alternative Board TAB® is a membership organization of
CEO’s, presidents and business owners who improve their businesses by
attending monthly board meetings facilitated by professional Facilitators
trained in the TAB system. At your monthly TAB Board Meetings, you and your
other members will discuss your problems and opportunities in a relaxed and
confidential atmosphere. TAB has hundreds of board meetings in cities
across North America.
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Q. Who will be my fellow TAB Board Members?
A. There is a saying at TAB that “You have to be at the top to
understand what life at the top is all about.” Each TAB Member is a
CEO, president or business owner who operates a business in a field that
does not compete with other members in the board.
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Q. How do
I know if I’m qualified to become a TAB Member?
A. Membership in The Alternative Board is by invitation only. A TAB
Facilitator will meet with you to assess such things as your business
experience, your willingness to help other board members and your openness
to accepting advice and ideas. Each member of the board must be in favor of
inviting you to join the board before you can be accepted as a new member.
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Q.
How will TAB help improve my company?
A. Since each of your TAB Board Members will have a different, diverse
background from your own, they will help open your eyes to new alternatives
and opportunities to accomplish your personal and professional goals. This
diversity of backgrounds, providing between 200-300 years of combined
experience on each TAB Board, will allow you to accelerate your learning
curve on the opportunities and challenges facing your company.
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Q.
How will I benefit from TAB?
A. It is impossible to meet with experienced heads of companies month after
month and not get back many times the cost of membership in real
bottom-line benefits. You will find the time you spend as a TAB Member to
be a very profitable investment in your business. When you present a
problem, issue or opportunity to your board, the other members and your
Facilitator will offer practical solutions and advice (rather than theory).
Members in each TAB Board collectively have hundreds of years of business
experience. 75 to 80 percent of business problems and challenges are the
same by all businesses, regardless of the type of business. The diversity
of backgrounds of the members will provide you with a “crossfertilization”
of ideas that you will be able to apply to your business.
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Q.
Why must each TAB Board have a trained TAB Facilitator?
A. Your Facilitator will guide your board meetings without dominating. Each
TAB Facilitator is trained to bring about active participation
by all of your fellow TAB Board Members so that you will receive the most
benefits from the TAB process. Your Facilitator is also trained to enhance
your business success through your Private Coaching Sessions.
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Q.
Who is the Facilitator?
A. Each TAB Board is led by an experienced business person who is an expert
in key areas of operating a business. Each Facilitator is a superbly
qualified individual who has extensive experience in corporate America at
the highest executive levels, and/or has operated a successful business,
and/or has been a consultant to leaders of companies. His/her cumulative
experience must be of at least 20 years. In addition, all Facilitators
complete a certification
training in the TAB system.
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Q.
What is the role of the Facilitator?
A. Besides facilitating the monthly Board Meeting, the Facilitator will
meet individually with each Member between the Board Meetings and
constantly monitor the progress that you are making in accomplishing the
goals that you establish when you join the Board. In addition, the
Facilitator assists in helping the Board prioritize and sequence your
strategies into a logical planning process as well as making you
accountable for the implementation strategies recommended by the Board and
accepted by you to improve your business.
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Q.
But my business is unique....How are others going to help with my product
or service?
A. They’re not…the reason that you are in the business that you
are in is that you are an expert in that particular
product or service. However, 75-80% of the opportunities and challenges in
your business have nothing to do with the product you are selling or the
service you are providing. Most business challenges today revolve around
the management of your employees, your cash flow, the space you occupy,
taking advantage of new technologies and most importantly…the
effective use of your time as the leader of your company!
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Q.
What will be my time commitment to TAB?
A. Your time commitment as a member differs with the type of board you join
and the type of Private Coaching Session program that you select. Some TAB
Boards meet for four hours each month while others meet for three hours
each month. The Private Coaching Sessions are of one hour per month unless
you elect extended coaching.
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Q.
How do I qualify to become a TAB Member?
A. Membership in TAB is by invitation only. Besides being the majority shareholder,
you must be committed to improving your business. We require a personal
interview in your office of approximately 45 minutes to determine your
business experience and establish your willingness to assist others. In
addition, each existing Board Member must be in favor of inviting you to
join.
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Q.
Which TAB Board should I join?
A. We have three different types of TAB Boards: President’s Boards, CEO’s
Boards and Chairman’s Boards. Upon completion of your interview, we
will make a recommendation of which one of the Boards you would qualify to
join. While annual sales volume and number of employees are important
factors, we will recommend the Board that can best enhance your business
with a group of peers that have the proper diversity of experience to
benefit your company. Typical TAB Boards have a mixture of businesses in
several different sectors such as manufacturing, distribution, retailing,
technological, construction and service.
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Q.
What is my next step?
A. You need to attend an Informational Meeting presented by a TAB
Facilitator or arrange for a private informational meeting. You should
never be too busy to invest in yourself.
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The simple fact is…TAB WORKS!
TAB membership results in greater business success. If you are accepted as
a TAB Member, you will be in business for yourself, but not by yourself.
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