Why you should consider joining a Business Roundtable Group

Post by
Gary Fitzmartin

Why you should consider joining a Business Roundtable Group

In his article, best selling author Bill George a Professor of Management Practice with Harvard Business School states that “Many leaders try to fix problems themselves without reaching out for help.  Without confidants to provide perspective in crises, it is very easy to make poor decisions or compound their problems.”

"Over the past 20 years, Americans have faced a crisis of community. We’re spending less and less time with each other. Technology connects us, but changes the nature of our relationships. We have more “friends” than ever, but lack the bonding we yearn for. These problems are multiplied for business leaders. Many leaders try to fix problems themselves without reaching out for help. Without confidants to provide perspective in crises, it is very easy to make poor decisions or compound their problems. Yet this is when you most need to depend upon people with whom you have built trusting relationships over many years. There is no instant cure for the loneliness of leadership because it requires time to create a strong support network."

I can absolutely confirm the truth of this statement, having personally paid the price more than 25 years ago when my failure to ask for help cost me a company and 50 employees their livelihood!

This experience was just a small fraction of the tuition that I have paid to attend the “School of Hard Knocks”.  Since that time I have tried to always surround myself with business professionals that I trust and to whom I can reach out when I am experiencing challenges.

The value of having this support team in place became more and more apparent over the years and led to the formation of Business Roundtables.

Business Roundtables is a peer advisory board made up of 8-12 small business owners  and leaders who are similar in “size” (Under $5-million), do not compete with each other and who are each facing many of the same challenges and opportunities.

Bill George agrees with the need for a business support group in his article:

"In particular, it is important to have regular support group you confide in – a True North Group. A support group allows you see yourself more clearly, get honest feedback, and gain perspective. In preparing for the unexpected in life, leadership expert Warren Bennis wrote, “Have some group that will tell you the truth and to whom you can tell the truth. Make sure there’s some way of understanding reality beyond what you know yourself.” Your support group helps you develop a feeling of belonging. We do not succeed on our own. Authentic leaders need to build strong support teams for guidance in times of uncertainty, support in difficulty, and celebration about success."

Get The Peer Advisory Group Support You Want

The Business Roundtable groups allow “you see yourself more clearly, get honest feedback, and gain perspective”; which Bill George says is critical.

Every small business owner or leader needs a support team that will provide non-judgmental support and guidance during uncertain times and be there to reinforce and celebrate success.