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May 2015 Features
Greetings!

Several of you attended our presentation "Financials - Think You're an Expert" on 5/21 at Venture Bank in Golden Valley.  On behalf of our presentation partners B2B CFO and Venture Bank, we thank you for attending.  We plan to host more events in the future so please watch for the announcements.

This month my boards shared their Bucket Lists.  Folks had some pretty cool ideas of things they'd like to do, places to visit and experiences to have. The lesson that came from the discussions was that we tend to wait too long to pursue our dreams and passions.  The time to act is NOW!  So get going on making those things realities!

Mark Komen, Owner, TAB Minneapolis North/Central

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Management and Strategy
A Better Performance Evaluation Process

A TAB Member suggests a  performance evaluation process that actually leads to improvement…

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Quick Tips
Why Management Exists

Too many managers get wrapped up in "kingdom building" – spending the majority of their efforts on expanding their territory and establishing their authority. But these efforts are largely selfish, with a focus on the impact the manager is having on the organization, rather than the impact of the people he or she is managing. The best managers realize that their jobs exist to support and empower the people they manage. It’s important to remember that management is not the revenue-generating function of your business. The people doing the work (and being managed) are creating the product or service your business delivers.


� Kris Kelso, The Kelso Group
Actions, Not Words

Something I learned from my grandfather many years ago served me well when I was an employee, and it serves me well as a business owner. "Don’t tell them what you can do. Show them what you can do!" he used to say. I’ve instilled this into the culture of our organization and it has made us a better company.


� Steve Hague, PolarStar Engineering & Machine
Managing the Masters

As a manager, it is not necessary for you to know everything. The people who work for you should be the "masters." It is your job to manage their abilities.


� Patti Zimmerman, Koffel Associates Inc.
 
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"The TAB environment allows me to see many new potential opportunities to grow my business to a new level. Sharing ideas with owners from varied industries has given me a totally new perspective for my business, and you can’t put a dollar figure on that."
 
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Giacomo Giuliano
 
President PPM Fragrances Int’l

 

 
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"Both components of TAB - coaching and board meetings - are very different but equally rewarding in that I am held accountable for my decisions in a way that nobody who worked for me could ever do. My facilitator has become so ingrained in the business that I rely on his counsel for every major decision and many intermediate decisions."
 
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Philip Rosen
 
Managing Partner
Bloomgarden, Goudreau & Rosen, P.A

 

 
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Mark Komen
 

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