A Business Peer Advisory Group is a confidential forum where business leaders from separate, non-competing companies meet together. Here they share their insights, support one another, and discuss challenges — so that everyone can help one another solve problems and grow their businesses.
Let us understand in a little detail:
Purpose:
• Get support and accountability:
Members motivate each other and hold each other accountable for goals.
• Get new perspective:
Outside opinions reveal blind spots and provide new opportunities.
• Build strong relationships:
Networking with other business leaders can lead to future collaborations.
Structure (Dhaacha):
• Confidentiality: All
discussions are kept secret so that people can talk openly.
• Non-competitive environment:
Everyone is from different industries so that there is no conflict.
• Regular meetings: These
groups often meet every month — either face-to-face or online.
• There is a facilitator:
Sometimes there is a trained guide who keeps the meeting focused and
productive.
Benefits (Fayde):
• A network of experienced leaders
is available: You can learn from the experience of the group.
• Better decision-making: By
listening to different viewpoints, you can take decisions after more thought.
• High accountability: When
someone keeps you on track, it becomes easier to achieve goals.
• Leadership skills improve:
Discussions and learning sharpen the leadership quality.
• Loneliness reduces: When
you are at the top, you feel lonely - the group keeps you away from it.
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