What is one of the best ways we can improve any area of our personal or professional lives? At the top of the list is learning from others (friends, colleagues, peers, competitors, etc.) who are performing well in our specific areas of interest. But it may not always be as simple as asking for advice, which is why the concept of mastermind or peer-to-peer learning groups has become so popular.
The concept of a “mastermind” group was coined as early as 1925 by author Napoleon Hill in his books The Law of Success and Think and Grow Rich. A mastermind group is a peer-to-peer mentoring concept used to help members solve their problems with input and advice from the other group members.
A robust mastermind group, meeting on a consistent basis, with structure in place for their interactions can serve as a very valuable resource in developing the talent, skills and knowledge of its members. Mastermind groups exist in just about any industry or topic area, both personal and professional, as well as with paid and free membership options.
It is also very common for organizations and companies to develop their own internal peer-to-peer learning groups, such as CEO Councils or a similar group of functional, skill-related peers. This offers business leaders the opportunity to share best practices, have open dialogue and gain perspective on a variety of strategic topics, opportunities and initiatives.
Steve Bouchard, the founder of Insight Solutions and a Certified LEAF Practitioner, serves as an advisor on the leadership team of a mastermind group called Front Row Dads. Front Row Dads is “a group of high performing dads who recognize the value of working on their family, so they can succeed with their family.” Front Row Dads (FRD) was created by Jon Vroman and you can learn more about him, his business and charity here.
Steve helps serve the FRD community by bringing LEAF facilitation concepts and experiential activities to the program agenda. The FRD community currently meets in person twice per year for fall and spring retreats, which unfold over three days. The group connects on an ongoing basis in a number of different ways, including monthly video calls and a private Facebook group.
One of the benefits that the LEAF approach offers mastermind and peer-to-peer learning groups is the ability to rapidly tap into the collective wisdom of the community.
Having so many high performers in one place (physical or virtual) presents a massive value opportunity in the form of harnessing their collective intelligence. An interesting byproduct, which provides further value, is that by tapping into the collective wisdom of the community, pressure is relieved from the convener or event organizer to constantly be providing insight and content in various forms from different sources.
When you unlock the wisdom of the people in the room, amazing things can be accomplished and deep connections can be forged.
If you’re already part of a similar mastermind or peer-to-peer learning community or are thinking about joining or starting one, reach out to Insight Solutions for a complimentary strategy call to learn how the LEAF facilitation approach can add value to your community. Learn more about one of our programs for community and networking groups, Purposeful Connecting, by clicking here.