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Decision-making model praised

BRW magazine has used Appco Group Prosales division as an example

board meeting

September 6, 2011

Appco Group Prosales has been commended on it’s strategic decision making process by BRW - Australia’s leading business magazine.

The article, published in August, focused on “strength in diversity” suggested company boards and advisers make room for a mix of views when it comes to strategic decisions. It used Appco Group Prosales, which sells consumer products through businesses and onsite at events, as an example of such diversity – it has both a board and an advisory committee.

“The Appco advisory committee meets three times a year (every 16 weeks). That group includes the executive management team and an external consultant,” the article said.

“For young companies on the growth path, [Appco Group Prosales co-founder Ty] Pederson suggests identifying something in your business you really struggle with - in our case it was retail – try to identify your weakness and then find someone who has strengths in those areas.”

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