Running a company can be a lonely job that isolates you from others of your age. CEO peer advisory groups are a safe space for a group of CEOs or professionals of similar stature who ideally run companies that have roughly the same sizes and functions who meet regularly to discuss different issues, business and otherwise. Source: https://braintrustceo.com.
Why You Want to Partner With A CEO Peer Group Advisor
First, what exactly is a CEO peer group advisor?
Running a company can be a lonely job that isolates you from others of your age. CEO peer
advisory groups are a safe space for a group of CEOs or professionals of similar stature who
ideally run companies that have roughly the same sizes and functions who meet regularly to
discuss different issues, business and otherwise.
The group's exact nature is determined by its members and a peer group leader if any, who
determines the personal/professional boundaries to be maintained and the content of its
meetings. Groups are organized between non-rival CEOs, and confidentiality is ensured to
encourage open honest discourse.
As all fellow group members have busy schedules, a CEO advisory group will not meet frequently
but only at scheduled times. Sessions are chaired by experienced business people who can
function as coaches, mentors, or simply as a CEO advisor and are ex-CEOs themselves so they
can better understand your problems.
Often, you are required to meet a certain benchmark for a membership that can range from
company size to annual income that ensures that everyone else shares a common background
and thus can relate to other members.
Secondly, what are the benefits of such a group, and why would you want to partner with them?
• Groupwork to tackle problems – A problem is always best solved with many qualified
people giving you advice about it. Teamwork and opinions from the group enable you to
get a holistic solution and approach the issue from all possible angles and choose the most
suitable answer that leaves no gaps.
• A support structure to reduce stress – Working alone can be incredibly stressful, especially
for CEOs who have to manage an entire company. Membership of a CEO peer group gives
you a support structure where other professionals will help you and give you honest
advice with your best interests in the heart to know you are not alone.
• Personal an