Jan Davies McDermott: The Right Kind of Peer Advice

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Jan Davies McDermott describes the multiple levels of peer advice provided to participants in the Women Presidents Organization.

In this 10 minute segment (download iPod compatible, 51MB), Jan Davies McDermott, describes the different peer groups that can be found in the Women Presidents Organization. Local groups like hers in Southeast Michigan are for companies with between $1 Million and $10 Million in sales. The companies in such groups are diverse allowing for fresh perspectives on hiring, firing, training, and leading during their monthly meetings. The main restriction is that member companies not be competitors.

The platinum group is for companies with between $10 Million and $50 Million and meets four times per year in one of four regions throughout the United States. The zenith group is for companies with sales over $50 Million in sales and meets once per year. In her local group, Jan currently has 3 platinum and one zenith member.

Jan herself also has a peer group that she can and has reached out to over the Internet for advice on maintaining the health of her local group. Facilitators also receive training twice per year, and she recently traveled for training to the Edward Lowe Foundation.

1 Comments

Jennifer Kaiponen on March 22, 2008 1:37 PM
I found your interview particularly intriguing. I was not aware that such an organization existed out there for women who were running companies. I think that this is an innovative idea and I was very impressed with the interview. I found it very interesting that the women are categorized by the amount of sales their company produces. I never thought that the problems of a company that sold $1 million in sales would be different from those who sold $50 million. I now see from the interview that the problems are much different as the sales increase. As a student at Eastern Michigan University taking my first Entrepreneurship class, I found the Women Presidents Organization very interesting. I was not aware that such a group existed and is nice to know that help is out there for women who start or run their own company. I find that some of the aspects of business to be overwhelming. I think that this organization would provide great feedback to those who may not have had experience dealing with all of the aspects of a business. I agree that the problems may not seem similar at first, but when talking about hiring, firing, training and leading there are similarities. In the many courses I have taken at Eastern Michigan I have found that even though each class is different they all seem to fall back on the same main ideas in regards to leadership, training and other topics. I find it a relief to know that this is true in the real world. It is always nice to know that the things you learn in school can translate to the real world. I am sure that the women of these groups can provide insightful information on the problems that other women face. What kinds of channels do these women have to go through to become a member of this organization? Are there annual meetings? Or is there a more informal way of discussion, maybe via email. You mentioned having your own network to turn to via email if necessary; does the organization have the same resources? Sincerely, Jennifer Kaiponen Eastern Michigan University student

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