Peer networks are groups of noncompeting companies in the same industry meeting on a regular basis to share information about the relative performance and business practices. Peer networks offer a unique solution to the growing need of companies to work with others to stay without their independence or control over the decision-competitive. The main benefits of membership concern to improve learning and improved motivation. Members tend to attribute the improvement of their co … Read more »

Peer networks are groups of noncompeting companies in the same industry meeting on a regular basis to share information about the relative performance and business practices. Peer networks offer a unique solution to the growing need of companies to work with others to stay without their independence or control over the decision-competitive. The main benefits of membership concern to improve learning and improved motivation. Members tend to be in their company’s performance due to the knowledge generated in other companies in the network or through creative interaction of group meetings to improve. The motivational benefits of membership revolves around the ability to locate standing against industry peers. The exchange of private information is used both to expose the individual limitations and motivate members to overcome them.
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from
Ezra Zuckerman,
Stoyan V. Sgourev
11 pages.
Release Date: 6 September 2002. Prod #: ON2-PDF-ENG
Notice to Industry Peer Networks HBR case solution