Are you feeling lonely at the top as you lead the organization?
If you are leading an organization and feeling a bit lonely, it’s normal. The bigger question is, as a leader, whom can you turn to for trusted advice, perspective, experience, and accountability? When you have important decisions to make, who can you trust to check your thinking?
Imagine having over a dozen peer organizational executives and leaders acting as a type of trusted board of advisors, helping you sort out and resolve the toughest issues in your professional and personal life. Organization leaders all over the world are beginning to turn to peer advisory groups to share hard-won knowledge and work together on their toughest challenges. These groups work on the principle that more brains are better than one; that an honest exchange of ideas and experiences among peers can benefit almost anyone; and that the isolation and loneliness that executive leaders feel can be overcome to produce exceptional results.
A peer advisory group is a group of 8-16 executives from diverse organizations who get together on a monthly basis to solve problems, share best practices, hold each other accountable, and offer each other support. They have been a part of the business community for over 50 years.
“Peer advisory groups turn the traditional executive development model on its head. The problem is that most executive training is episodic/event-oriented. Someone goes off to training, learns some interesting new concepts, and within a few weeks time, is back to the same old, pre-training behaviors. Peer advisory groups work in exactly the opposite fashion.
By having a professional facilitator bring peers together, whether they are colleagues from different areas of a large company or CEOs from different businesses, they can work together as equals with the primary goal of meeting difficult challenges or setting a course for the future. The diversity of the group, coupled with real dialogue, works to create an environment of trust to address larger issues that tend to transcend personal agendas. By setting specific objectives, it’s easy to measure the ROI.”
Peer advisory groups are different from networking groups, seminar groups, or casual gatherings of organization peers. They are covenant groups that have defined membership qualifications. They hold one another accountable for commitments or goals shared in the meetings. The groups share sensitive information in a highly confidential environment and are managed by a trained facilitator or “chair” to insure that they stay on track and that every member participates.
These groups work because they offer promises of real results that members will experience:
1. Fresh thinking. Executive peer advisory groups inspire best thinking, challenge assumptions and offer a platform to implement insights with confidence and precision.
2. Enhanced decision-making. For tough decisions, there’s no better sounding board than fellow executives who have met and overcome the same challenges one is facing. It’s like getting the “trial” without the “error.”
3. Accountability. With no agenda except to help each member succeed, a peer advisory group will test your assumptions, uncover opportunities, and holds each member accountable for taking action.
4. Improved performance. In the end, these groups are about improving performance so member organizations can perform better. It’s about continuous, practical learning and turning good intentions into great results.
Peer advisory groups provide its members a way to grow in their knowledge of one another and their respective organizations as they spend time together, thus becoming more effective advisors and accountability partners over time. If you are a senior leader in your organization or hope to be one, then this is one type of learning experience you should consider pursuing.
Kent Wilson (PhD) is a business practitioner and nonprofit leadership specialist. After running companies for 30 years, he now serves as an executive coach with Vistage International and the Program Manager for Leader2Leader, CLA’s peer advisory program for nonprofit executive.
Now you can participate in a peer advisory group experience through Christian Leadership Alliance’s Leader2Leader program. Learn more about it by contacting program coordinator, Dr. Kent Wilson at Ken.Wilson@christianleadershipalliance.org.
Christian Leadership Alliance (CLA) is a world-changing alliance of global leaders and organizations. joining CLA offers you access to a wide range of lifelong learning and leadership training events and resources. Take full advantage of the countless opportunities for you to receive, give, and grow.