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Quorim Meeting Profile About Quorim
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The Financial Review is a critical component to the overall Quorim experience. Each executive submits quarterly financial information to the group facilitator who compiles the data into a comprehensive workbook showing comparative financial information company to company and also quarter to quarter. This comprehensive review allow each company to track not only their own financial performance but also their performance relative to the group.
Each quarterly submission is done using a standardized structure allowing line-by-line comparisons of both raw numbers and also percentages.
Special Projects are identified by the group as something important to focus time and energy toward solving. They can be best practices, new products ideas, business research or any number of other things. The idea of the special project is to bring to bear the collective resources, energy and expertise of the group in developing innovative and creative solutions toward solving.
The Great Idea Exchange is an opportunity to come up with a idea that other members of the group can use to increase revenue, decrease expense or create competitive advantage. Each member presents their idea and then the group votes for the best. Each member puts in $50 to the pot and the winner takes the pot.
The Round Table Discussion is a time set aside to deal with issues of the day. They could involve any aspect of the business and can be either highly tactical or very strategic. Each member with a round table item makes a presentation to the group defining the issue, the business impact and provides any supporting information necessary. The entire group will then spend time focusing on clarifying issues, providing feedback, crafting potential solutions and helping to define a solution or a course of action. When there are critical issues that arise, the group not only provides immediate feedback and ideas, but there is future accountability that the group expects and follows through by getting updates at future meetings.