Well, here at Fireproof, we participate in a Profit Enhancement Group (PEG). This group is led by the Management Growth Institute (MGI) and brings together eight to ten records management CEOs to investigate, collaborate, discover and recommend [...]]]> How do businesses stay efficient? How do business professionals stay informed on industry trends?

Well, here at Fireproof, we participate in a Profit Enhancement Group (PEG). This group is led by the Management Growth Institute (MGI) and brings together eight to ten records management CEOs to investigate, collaborate, discover and recommend ways for companies to improve their profits.

Each PEG meets at a different member’s business location twice a year to evaluate their operation. At the host’s facilities, the group director assigns members to teams, and guides them through a two-day evaluation and reviews the critiques.

During the evaluation, members spend a rigorous day interviewing employees, investigating far corners of warehouses, understanding systems and procedures and watching the business in action. The magic of this organization happens as members present their reports; detailing data found, perspective changes and additions.

As the host reviews member recommendations, solutions fall into place. The host benefits from the peer reviews and is able to pinpoint any gaps, overlaps and other potential organizational issues.

We recently attended a session at the National Archives and Records Administration facility. This facility is where the IRS and other departments store their records. This is a very impressive facility.

Fireproof has been a member of this organization for over three years and every year we learn innovative strategies and new industry perspectives. We can’t wait for our next session!