Experience Quorim

Quorim is an opportunity for top IT Training Executives to meet in a formalized business process to work ON their business not just IN their business.

For years, business owners and CEOs of non-competing companies have had at their disposal a number of powerful tools to grow and develop their businesses. One of these tools is a group of owners that meet periodically and work on their businesses. These groups, known as Executive Forums, have proved to be a very powerful tool to develop business and management skills, solve business problems, do strategic planning, tap the resources of other similar sized businesses and develop relationships which have had profound effects.

Now, there is an executive forum especially for IT training center owners, that provide all the benefits of a traditional executive forum, with the added benefits of focusing on industry-specific financial and business issues. This group is Quorim.

Quorim, is a play on the word "quorum", loosely understood to be the minimum number of members present to get work done.

Focused Executive

The Focused Executive (or Hot Seat as it has become known by those who have participated in this experience" is a segment where a member makes a formal presentation to the group outlining the nature of their company, the focus and projects of IT and the major issues that are being dealt with. It normally includes the definition and presentation of a critical issue that the executive desires the groups feedback and the formation of potential solutions. In this exercise, the members of Quorim function as members of an outside board of directors. Each member has the opportunity to ask tough questions designed to understand the business and to uncover specific weaknesses. More importantly each board member then has the opportunity to provide the top 2-3 specific recommendations which have the potential to have the maximum impact on the Focused Executive's business.

Special Projects & Great Idea

Special Projects and Great Idea

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.

Round Table

Round Table Discussion

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.