One of the most valuable benefits of the Denver Advisory Board is the opportunity to join a Peer Advisory Group.
The DAB’s Peer Advisory Groups (PAG) are designed as confidential forums for members to help each other discuss the challenges they face in their businesses and gather ideas and feedback from other members. Many consider their PAG their unofficial board of advisors, and enjoy connecting with other members on a deeper and more meaningful level.
Groups meet once a month for 1 ½ -2 hours, and are comprised of 6 to 10 members. Each group is structured a little differently, but generally meetings consist of member updates and then a member presenting a pertinent issue or opportunity to garner feedback from the group, or each member participating in a business exercise or discussion. Each group has its own personality, meeting time and structure. Since the groups are built on mutual trust and deal with members’ confidential information, permission must be obtained before visiting any PAG. Because of the focus on each member at each meeting, groups typically want to manage the size and makeup of the group. If there are no groups accepting new members when a member wants to join, the options are to either facilitate a new group or wait for an opening in an existing group.
“My DAB Peer Advisory group is my personal board of directors. The monthly gatherings provide me with opportunities to float an idea or ask for feedback on a problem or issue. Because no one else in my group works in my industry, the information I get back is unbiased, unencumbered and often eye-opening. It helps me focus on my message so that it resonates with my business’ audience. As all of us in the group come to know each other better and better, the help, advice and guidance will continue to be more valuable.”
– Doug Phelps, Colorado Home Realty
For more information, contact the Committee Chair for Peer Advisory Groups.