What is an LXCouncil Peer Advisory Council?
In the ever-evolving business landscape, the need for trusted peer support is more critical than ever. LXCouncil Peer Advisory Councils offer a unique opportunity for CEOs and business leaders to come together, share insights, and navigate challenges collaboratively. Bringing together around 10-12 CEOs into a trusted group that meets monthly, providing a structured environment for growth and problem-solving.
The Growing Demand for Peer Groups
Despite the proven success of peer group models since the 1980s, many CEOs remain unaware of their existence. Today, 7 out of 10 CEOs I talk to are unfamiliar with the concept. This presents a vast opportunity, with 637,000 small businesses in the U.S. employing 19-499 people. Currently, only about 30,000 companies participate in some form of a peer group, representing just 4.7% of the market. Globally, the penetration is even lower, highlighting the immense potential for growth and the need for someone like you to make a difference.
Core Values Driving LXCouncil
LXCouncil is built on core values that resonate with business leaders worldwide:
- Abundance: We embrace a positive approach to work and relationships, acting as agents for positive change. We share our expertise and connections generously, fostering a supportive environment.
- Collaboration: Building strong relationships is at the heart of what we do. Our members engage in thoughtful feedback and collaborative problem-solving, ensuring no one makes crucial decisions alone.
- Vulnerability: We encourage openness and transparency, recognizing that vulnerability is a strength. Members are supported in sharing their challenges and seeking help when needed.
The Power of Peer Advisory Councils
A peer advisory council is a hand-picked group of 10 to 12 business owners and CEOs who help each other identify opportunities and tackle challenges. Members come from non-competing industries, ensuring unbiased, confidential, and accountable interactions. These councils meet once a month for half a day, fostering deep, trusting relationships that one member described as “the best friends I see only four hours per month.”
Why You Need a Peer Advisory Council
In business, no one else will tell you the truth quite like your peers. Employees, clients, vendors, family, and friends often have biases or lack the understanding to provide the insights you need. However, peers who run similar-sized companies share your perspective and can offer solutions and opportunities you might never have considered.
How It Works
LXCouncil does the legwork, considering dozens of factors during a discovery interview to determine the exact value you would need from participating. Once the optimal members are identified, the council begins meeting monthly in a conference room at our Strategic Alliance Partners boardroom. All you have to do is commit to being open, honest, and prepared each month with non-urgent, vision-based needs ready for your council members’ insight.
Is a Peer Advisory Group for You?
Participating in a peer advisory group offers invaluable insights that can save you time and enhance your business strategy. Meetings are scheduled consistently, allowing you to plan ahead, and the financial investment is often outweighed by the tangible benefits, such as increased profits and reduced expenses.
Why Choose LXCouncil?
LXCouncil stands out with diverse councils, certified licensed partners, and strategic alliances that add value through expertise and knowledge sharing. Our half-day meetings focus on addressing your challenges and opportunities through a proven process, ensuring you gain perspective and clarity.
If you are ready to join a community that values growth, collaboration, support, and want more information and to explore the benefits of joining LXCouncil reach out to us directly. Together, we can redefine success in the business world