Best Practices / 20 Groups
Best Practices member see a 10-fold return on investment every year on average. However, dealers who work to achieve The Currie Model experience a much greater ROI.
Best Practices Groups meet three times a year to receive Currie financial analysis and to exchange ideas to brainstorm solutions. The distributors/dealers represent the same manufacturer, thus, their challenges, physical operations, and their financial information are similar. Members learn from those with the best results and share their best practices in areas where they excel.
Currie Management Consultants’ expert facilitators bring the latest in management strategies, coaching, and operational strategies to heavy equipment, power generation, transport refrigeration, and commercial tire dealers and distributorships, and more (see full list below). Their in-depth industry knowledge is unparalleled. Please click here to view a general Memorandum of Understanding which pertains to the Currie Best Practices Groups.
A typical Best Practices meeting is two-days broken into the following areas of interest:
- State of the Dealership/Distributorship: Here dealers/distributors share general updates, current anxieties, and report on changes they’ve implemented since the prior meeting.
- Financial Composite:Members report their financial performance on a quarterly basis prior to the meeting to be compiled by the Currie Consulting Team. This data is used to set performance goals and compare results with fellow participants. (Contact us for a sample report.)
- Idea Exchange:Distributors/dealers present a specific profit improvement idea to the group. Some groups pool an entrance fee, which is given to the winning idea.
- Specific Topics:The Best Practices Group will decide on a subject about which they would like more information or education such as compensation, insurance, recruiting, tax planning, facilities, internal professional development, etc. On occasion, an outside speaker or a manufacturer representative will present expertise on a topic to supplement these session.
- Open Forum:There is always a topic that the group would like to discuss that didn’t make it on the agenda. This portion of the meeting involves debating ideas, asking questions, and problem solving.
One year of participation in a Best Practices Group produces such significant profit and operational improvements, often clients regret not joining sooner.
We currently have Best Practices Groups in the following industries:
- Material Handling
- Commercial Tires
- Construction Equipment
- Agricultural Equipment
- Compressors
- Temperature Control
- Batteries
- Power Generation
- Utility Vehicles
- Power Systems
Typically, new members are referred by other members. However, if you would like to inquire about joining a group or starting a group, please contact Robin Currie at robin@curriemanagement.com or call 508-752-9229. Groups vote to approve all new members.
If you are currently a member of one of Currie’s Best Practices Groups, click here to go to basecamp for more information on your group.