Choosing A Peer Group
A successful executive peer group will have six elements:
- Gets real results
- Regularly meets
- Fosters an open, high-trust environment
- Has an experienced professional adviser
- Requires one-on-one consultations in addition to group meetings
- Has diversity in expertise
What follows are questions to ask of any executive peer group in which you are considering membership:
1. Gets real results
Ask: What is the true purpose is
2. Regularly meets
Ask: Does the organization you are considering require participation? How often?
Consistent and regular attendance at all executive sessions
Ask: Does the peer group you are considering allow members from competing industries? What are their confidentiality requirements?
Being assured of strict confidentiality is integral to successfully
4. Has an experienced professional adviser
Ask: Does the peer group you are considering have a professional leader or it is peer–run? If so, what is their role? What is their experience?
The quality of any peer group is highly dependent on
5. Requires one-on-one consultations in addition to group meetings
Ask: Does the group you are considering offer one-on-one consultations as part of the peer group? If so, are they required and how often are they held?
With Excell, members meet one-on-one every month with their professional group leader, who will help you identify issues, apply ideas from the executive sessions and hold you accountable.
6. Has diversity in expertise
Ask: Are all the members in the same industry? Do they come from
Programs within a single industry can often be narrow in focus and cannot provide the cross-pollination of ideas or the broad resource-sharing of cross-industry groups like Excell.