A Best Practices Consortium is a proven approach used to assist companies who may not have the means or resources to identify and implement advanced business practices. In 2007, an Industry Study was commissioned by the Virginia's Philpott Manufacturing Extension Partnership, (now GENEDGE ALLIANCE) with assistance from the Virginia Secretary of Commerce and Trade, to investigate the needs of advanced manufacturers in Virginia. The study indicated that Virginia companies have needs in areas such as business growth, innovation, product development, and quality management systems. Many of those companies have difficulty in finding the right assistance through traditional methods. Other states, including Florida and South Carolina have, in recent years, been successful in applying a group consortium approach to sharing best practices among businesses and industries on a regional basis.
Subsequently, several companies in the Greater Richmond to Hampton Roads area proposed the formation of a Virginia Business Excellence Consortium to be established as a new entity governed by members with the goal of increasing business competitiveness through mutual sharing and support. During 2007, founding members met to discuss the feasibility of a consortium and to create a framework for organization. The overarching purpose of the consortium is to leverage resources to provide services for improving processes, operations, people, and management. The Virginia Business Excellence Consortium is intended to provide a regional model that can be replicated in other areas of the Commonwealth of Virginia under the umbrella of a statewide Virginia Business Excellence Consortium.
The inaugural meeting of the Virginia Business Excellence Consortium was held on January 11, 2008 in Williamsburg, VA. At this meeting, founding members were recognized, by-laws were adopted, an advisory board was elected and a director for the consortium was introduced. Monthly meetings will be planned which may include site visits, workshops, speakers, training, networking and benchmarking. Committees have been formed to work on tours/programs/events; assessing and addressing training needs; and marketing the consortium to prospective members.Virginia Business Excellence Consortium
340 N. Great Neck Road, #1272-137, Virginia Beach, Virginia 23454
Phone: 757-412-2664; Email: VBEC@AssociationBuilders.com