As Leon Shapiro and Leo Bottary explain in The Power of Peers, isolation can be detrimental to a CEO’s effectiveness in today’s fast-paced business world. The solution to CEO isolation lies in working with a group of other CEOs from diverse industries. Such groups can provide empathy for the complexities of the position and different perspectives on shared challenges and opportunities. CEOs can transform standard peer influence into a more powerful resource called peer advantage. Working together and stepping outside their own industries gives business leaders a better vantage point for achieving lofty goals.
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