A Panel Group Discussion on the Benefits of Peer Groups

Author: Peter Troast

Peer groups are great resource for companies that want to grow, if they have thick skins.  This presentation is a group discussion, between contractors, about how peer groups are organized, what the benefits are and how they function.

 

  • Overview of a peer group
  • How to recruit new members
  • Normal format of the meeting
  • Optional formats
  • What happens between meetings
  • Value of different trades within the same groups
  • The challenge of being vulnerable
  • How company employees react about being interviewed during a peer group visit
  • Benchmarking financials
  • Focusing on the big five
  • Non-disclosure agreements from members
  • Other Key Performance Indicators to discuss
  • Time and financial commitment required

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