Peer Perspective: Paving a Path toward a Bright Future

December 2022 Case Study

Summary

The power of peers hinges upon a willingness to hear opposing views, ask challenging questions, call out blindspots, and care about another’s success. C12 member Ed Phy is a third-generation business owner nearing retirement and focusing on his succession plan. With a deep desire to set up the next generation for success, Ed was weighing the decision to make a major purchase for the business–one that actually exceeded the value of the company. He brought the idea to his C12 peers, unwilling to move forward with such a decision until hearing their perspectives and weighing their counsel. What did his peers recommend? Where is Ed’s company today? Watch the video to see how it all played out in a Philadelphia Forum.

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