Global Governance Advisors

What are Peer Groups and Why are they Important?

Posted by Brad Kelly on Mar 25, 2019 9:00:00 AM

In 1864, Herbert Spencer’s book, Principles of Biology, introduced the world to the phrase “survival of the fittest.”  This phrase then sparked the ongoing argument surrounding competition and whether it is ingrained in human nature. So, it can be argued that if there is an opportunity to compare one thing to another, it is second nature for competition/comparisons to arise. In essence, once there is more than one of anything it is natural for competition/comparisons to surface.

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Topics: GGA, Executive Compensation, Peer Groups