Learning from Your Peers and Growing Your Business
By Robyn Webb
What would you do if your company faced a significant quarterly loss? Would you choose to lay-off a number of your employees, or would you choose another solution?
What if you were looking to enter new markets? Would you know the best strategy and how to strike the balance between ambition and “overreach”?
As a business leader, you face challenges and opportunities almost on a daily basis. Unfortunately, there is no playbook on how to successfully run and grow your business, and there often isn’t a strong support network to help you effectively manage situations.
To address this issue, The Partnership has created the Business Leaders’ Roundtable Program for Halifax-based business leaders to connect with experienced professionals who have been through similar situations and can provide valuable insights and potential solutions.
Joining the Business Leaders’ Roundtable
Roundtables are unique opportunities for business leaders to share knowledge, develop a source of ongoing business support, and increase their effectiveness in an environment that promotes business improvement and success.
The Business Leaders’ Roundtable Program is currently running and is open to owners or senior executives from Halifax-based companies that are beyond the start-up stage and are:
- Expanding export sales, including opening up new export markets; and/or
- Commercializing innovative products or processes
Roundtables can help their members address a wide range of issues including;
- Planning for growth, and addressing specific growth-related issues.
- Finances, including financial planning, leveraging assets, securing additional equity or debt financing, and cash management in a growth setting.
- Finding, recruiting and retaining high-skill, high-demand employees.
- Handling difficult personnel issues.
- Relationships with Boards of Directors.
- Identifying priority markets
....and many more
How Business Leaders’ Roundtables Work
Each roundtable has a group of 8 to 10 members and is led by an experienced facilitator. Once placed in a group, you will meet once a month from 9 a.m. - noon.
In each meeting, one or more members describe an opportunity or challenge that they are currently facing. Other members of the group provide input, feedback and share insight from similar experiences. The discussions focus on how to capitalize on opportunities and address challenges, benefiting from the collective input of the group.
And there’s no need to worry about sharing information. Confidentiality is a must, as all members are required to sign non-disclosure agreements, and competitors are placed in separate groups.
Robyn Webb is the Director of Business Retention and Expansion and Labour Market Development for Greater Halifax Partnership. As part of her position Robyn oversees the Business Leaders’ Roundtable Program.