When Construction Executive Magazine asked our CEO, Chuck Loving “What Value Does Your Company Gain From Participating in an ABC Peer Group?”; this was his response...
Networking and sharing experiences among peers is an imperative part of personal and professional development, so R.W. Murray Co. feels it is essential to participate in an industry-related peer group. The priceless experiences we gain by participating improve our positions as executives and enhance our relationships with employees and customers.
Some examples of our executives gaining invaluable insight include group members acting as sounding boards and sharing diverse perspectives in similar situations that might occur; sharing contact information and leads in areas outside of our territory; confirming salaries, benefits and best practices to recruit top talent; assisting with succession planning and next generation leadership identification; and helping identify key industry trends.
Peer groups also cultivate meaningful professional relationships and friendships—ones where members hold each other accountable throughout the year for corporate and personal goals, and are there to give helpful suggestions.