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Peer advisory groups are discussion groups that complement the Family Business
Speaker Series. They are intimate groups of 6 - 12 participants who meet regularly
to discuss matters of business and personal interest. Focus groups provide a confidential environment for idea exchange, family business education, and personal growth. They present an opportunity to learn by seeking advice from peers and professionals who
have “been there, done that” and have insight to share. By providing an opportunity
to explore solutions to a particular family or business challenge amongst peers, participants can convey their points of view without feeling “disloyal” to the family
or the business itself. These sessions are skillfully managed and expertly facilitated.
Principles of a Successful Peer Advisory Group:
- Confidentiality - Peer Advisory Groups are successful due to the fact that each group has a shared purpose and expectations. Each member is committed to respecting the confidentiality of all members.
- Commitment - Group members are committed to attend meetings as regularly as possible. Members rely on one another for follow up, feedback and continuity and may be teleconferenced in depending on availability.
- Leadership - Expert facilitators allow each group to explore areas of common interest while adhering to selected topics on the agenda.
Peer Advisory Group Descriptions:
Advanced Curriculum in Excellence (ACE) Focus Group
Guiding Principle: Strategic Management
The ACE Focus Group focuses on relevant business strategy that owners, entrepreneurs, non-family executives, successors and co-preneurs face. Using the case study method, this group addresses issues such as technology and innovation, global competition, customer and supplier relationships, organization/employee development, and capital allocation.
Executive Forum on Succession
Guiding Principle: Transition
The Executive Forum provides a unique opportunity for leading generation family members and owners to meet with other family business owners, non-family executives and industry professionals to talk about succession, estate planning, retirement, mentoring, conflict resolution, children and rivalry, boards of advisors, business growth, and more.
Fairfield County Focus Group
Guiding Principle: Best Practices
The Fairfield County Focus Group focuses on the particular business and socio-economic needs of Fairfield county’s family business community. Topics include succession planning, skill set development, non-family executives, boards of directors/advisors, ethical business practices, social responsibility, and change management.
Forum for Leadership & Team Development
Guiding Principles: Leadership & Team Development
To be effective in current or future positions, business leaders must acquire, maintain,
and improve the abilities and potential of themselves and their employees. Utilizing a personal assessment tool, this forum drives family business members to identify their
own capabilities, understand the competencies required for leadership, and work to develop these competencies. Topics include: change leadership, strategic visioning, communication, driving for results, managing others, problem solving, and teamwork.
Manufacturers & Distributors Symposium
Guiding Principle: Optimization
The Manufacturers Focus Group focuses on manufacturers and distributors or other trade industries interested in lean transformation, global export and trade, industrial marketing, vendor management, global strategy, costing, plant management, productivity, and more.
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