We are well past National Quitters’ Day (the second Friday in January), when approximately 23% of people have abandoned their goals for the New Year. But a CEO cannot afford to quit. The most successful leaders know that sustained progress requires more than good intentions — it takes consistency and accountability all 12 months of the year.

That’s where accountability teams come in. These peer-driven groups provide a trusted space for leaders to pressure-test ideas, share challenges and gain honest insights while staying focused on long-term goals. They sharpen decision-making, foster resilience and improve business performance all year long.

In today’s business landscape, going it alone isn’t just outdated; it’s a liability.

Related: An Accountability Partner Makes You Vastly More Likely to Succeed

What are accountability teams?

An accountability team is a group of leaders who meet regularly to share honest feedback and hold one another accountable. Unlike traditional mentorship, where advice flows one way, these groups create a dynamic exchange of ideas, strengthening each leader’s ability to navigate complex decisions.

Accountability teams are particularly valuable for CEOs. Many executives struggle to find people who truly understand their challenges. While employees look to them for direction and mentors offer guidance from a distance, an accountability team provides something different: real-time support from those who walk in their shoes.

Accountability teams boil down to leaders supporting leaders. When everyone is in the trenches together, it creates a high-trust environment where members feel comfortable being vulnerable, sharing challenges and pushing each other to uncover better decisions.

The 4 benefits of peer accountability

An accountability team raises the bar for leadership by providing:

1. Clarity on the CEO role: Great CEOs realize it’s their role to set strategy, create the goals, establish the culture and put the team in place to achieve the vision. Accountability groups help CEOs distinguish what areas they can delegate versus when its time to consider what they can do differently as CEO to improve outcomes.

2. Stronger decision-making: CEOs make high-stakes decisions daily, often with incomplete information. The pressure can be overwhelming, leading to hesitation or costly mistakes. For CEOs, procrastination can be a silent enemy — not making a decision is often more damaging than making the wrong one. Accountability teams create an environment in which leaders can pressure-test ideas, refine strategies and take informed risks — knowing they have trusted peers to help navigate challenges that arise after the decision is made.

3. Experience-driven feedback: These groups go beyond theory, offering real-world, actionable advice. Because members build deep, trusting relationships over time, the feedback is unfiltered, constructive and designed to move leaders forward.

4. A safeguard against groupthink: One of leadership’s biggest pitfalls is confirmation bias — surrounding yourself with like-minded thinkers who reinforce existing beliefs. While this can feel comfortable, it ultimately stifles innovation and growth. Accountability teams challenge assumptions, uncover blind spots and spark fresh ideas by bringing together leaders from diverse industries and backgrounds.

What makes an accountability team successful?

Not all accountability teams are created equal. The most effective groups share key traits:

• Clear goals drive the conversation: Strong teams aren’t just places to vent; they’re platforms for measurable growth. Members set specific, transparent objectives so peers can provide meaningful support and track progress.

• Ego takes a backseat: The most impactful leaders prioritize collective success over individual recognition. They don’t just focus on gaining insight for their own company — they are generous with their perspective and dedicate themselves to helping their peers succeed. In addition to offering insight, the best leaders welcome unfiltered feedback and diverse perspectives, even when it’s uncomfortable. A great accountability team thrives on mutual exchange and a genuine investment in one another’s success.

• Practice active listening: Great leaders seek to ask the right questions and help peers uncover their own solutions instead of rushing to offer advice. Rather than immediately responding with their own experiences, they listen deeply and help clarify the real issues. This level of thoughtful questioning leads to better, more insightful conversations.

• Commitment is key: The most successful teams don’t just check in occasionally — they make peer accountability a consistent part of their leadership journey. Accountability groups help to ensure that leaders are impeccable with their word and follow through on their commitments to themselves and one another.

Related: The 7 Benefits of CEO Peer Groups

Accountability teams aren’t just about hitting short-term goals — they’re about sustainable growth and a lifelong dedication to learning. The world’s most successful CEOs have systems in place to ensure annual goals aren’t forgotten before the end of Q1. Leadership is an ongoing journey that requires adaptability, perspective and continuous self-improvement. By surrounding themselves with growth-oriented peers, great leaders ensure they stay sharp, focused and relentless in their pursuit of excellence.