We knew we were on to something shortly into our first Collaboration Lab ever this past January, hosted by Alterra Home Loans CEO Jason Madiedo at his corporate offices in Las Vegas, NV.
Here’s a link to a video highlighting the first Lab.
We wanted to roll the Labs out to our Members right after that first one, then decided to do it in person at our Winter Conference in Scottsdale. Just two weeks later, we’ve created our second, third, and fourth Labs … and are working on the fifth. We’re working with our initial Lab participants on their second meeting. And we’ve fielded all sorts of inquiries from prospective TMC Lender Members and interested new Members that we’re trying to find the right partner companies and dates for.
The concept is simple - TMC forms a Lab group consisting of the CEO's of 4-5 similarly sized TMC Lender Member companies, one of whom serves as the host at their offices. Our team facilitates the execution of a mutual NDA, the collection of a set of defined benchmarking metrics, and all of the planning and communication related to the Lab and the agenda.
Day one starts with lunch, an afternoon of the CEO's getting to know one another and their companies better, and a dinner reception that evening. Day two sees the CEO's take a deeper dive inside their companies, business models, operating metrics, and current and future strategic initiatives.
The participants of our first Lab walked away with very actionable intelligence, a firm sense of the strengths and weaknesses of their operations, and a close bond with the other Lab attendees.
TMC - Chief Operating Officer