From Exchange Notes...

In today’s world, the financial entrepreneur faces a more complex and challenging environment than ever before. This Note discusses an increasingly popular strategy for effective decision making: the Peer Advisory Board (PAB), which brings together a group of peers, whether they are from the same institution or across institutions, for team based advice and problem solving. Marion Cook’s Exchange Note outlines the leadership need PABs can fulfill, as also some quick guiding principles for establishing a new Peer Advisory Board.