HTG: How JamesCash.co.uk Grows with the Help of Our Peers
Back in October 2008, JamesCash.co.uk joined HTG11, the first HTG Peer Group in the UK. HTG groups consist of up to twelve IT companies who meet for two days every quarter to share ideas and best practices, plan and set goals, report financial data, and hold each other accountable.
Since we joined, HTG has been of massive benefit to JamesCash.co.uk and we’ve been able to benefit from the experience of our peers in a variety of ways. For example, we were able to quickly select Connectwise as the platform on which to run our business, and we have worked closely with other members to get up to speed and obtain a faster initial return on our investment.
A typical meeting goes like this:
Day One
08:00 – 10 Minute Update: Each company presents a ten minute update on the last quarter including a review of the goals that were set at the last meeting. Failure is not an option.
10:30 – Business Plan: Each company presents a one page business plan that was developed in advance of the meeting.
12:00 – Lunch & Learn: This is sponsored by a vendor who will have around an hour to make a presentation to the group. Vendors play a key role in the funding of HTG and cover the majority of costs. Vendor sponsors include Connectwise, Zenith Infotech, HP, Sonicwall, Microsoft, Level Platforms and Emerson Power at the Platinum level.
14:00 – Sales Mastery: Each company shares their processes and answers to discussion questions around the area of sales.
15:00 – Employee Benefits: Each company shares a list of their employee benefits and answers to discussion questions.
16:00 – Challenges of a Difficult Economy: An open discussion around the challenges of a difficult economy. Each company shares information about how they are changing their approach.
17:00 – Meeting closes for the day.
19:00 – Dinner: Sponsored by a vendor who attends and participates in discussion.
21:00 – Work continues in the bar!
Day Two
08:00 – Best Practice Idea Exchange: Each company presents a written best practice idea that has made/saved money involving a new technology, product, vendor or practice.
10:30 – Comparative Bidding: Each company presents a proposal completed before the meeting, based on a given scenario and specification.
12:00 – Lunch & Learn.
13:30 – Managed Services: Each company shares their best practices.
15:15 – Goal setting: Each company sets three goals to be completed by the next meeting.
17:00 – Meeting closes.
It’s easy to see from the agenda how this benefits JamesCash.co.uk. We’re seeing rapid improvement in the way we operate and that’s in large part down to our involvement in HTG11.
As HTG11 is a new group there are a couple of spaces still open for new members. If you are another IT company reading this, and you have five or more employees, and you’re interested in participating, please call me on 01384 880660 or email james@jamescash.co.uk.
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