Summary of The Power of Peers

How the Company You Keep Drives Leadership, Growth, and Success

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The Power of Peers book summary
Being part of a peer advisory group can help CEOs and top executives solve problems and avoid isolation.

Rating

8 Overall

9 Applicability

7 Innovation

7 Style

Recommendation

Chief executive officers, business owners and other top-level executives who join peer advisory groups can learn from their compatriots’ experience and may not feel as “lonely at the top.” Consultants Leon Shapiro and Leo Bottary show CEOs how joining a peer advisory group can help high-level leaders grow personally and professionally. In any industry, CEOs face common problems in HR, finance, marketing, and more. Having a sounding board of high-ranking industry peers aids troubleshooting. This three-part volume explains the power of “peer advantage,” the best ways to foster it and the factors that make a CEO peer advisory group successful. At times, Shapiro and Bottary use meaningless buzzwords – such as “optimize” or “accelerate.” And their advocacy openly stems from their leadership of an executive peer-group consultancy. However, reciprocal peer support at the highest corporate levels makes sense. getAbstract recommends this anecdotal manual as fresh meat for top dogs who want to join a pack.

In this summary, you will learn

  • How CEOs benefit from finding or creating peer advisory groups
  • How a peer advisory group can help you by building “peer advantage,”
  • What factors make a peer advisory group successful
 

Summary

Lonely at the Top
Many CEOs struggle with isolation. They have few people they can turn to for help or counsel. Nearly two-thirds of CEOs don’t receive leadership advice from outside their organizations. While CEOs might take continuing education courses, attend conferences or hire coaches...
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About the Authors

Leon Shapiro and Leo Bottary work for Vistage Worldwide, an international peer advisory membership organization for CEOs, business owners and executives. Shapiro was its CEO from 2013 to 2016 and is now on the board of directors. Bottary is vice president of Peer Advantage.


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