CEO Peer to Peer Experience

May 20, 2022

by a professional from Marquette University in 21370 SW Langer Farms Pkwy #196, Sherwood, OR 97140, USA

Does anyone have experience with CEO Peer to Peer groups such as TAB (The Alternative Board), Vistage, C12, Renaissance International, etc.? If so, was it you or the owner of a company you were looking to acquire, or one of their executives? What is your opinion. Does a company participating in such a group have more value?

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Reply by a searcher
from University of Pennsylvania in Chicago, IL, USA

I am in a Vistage group in Chicago - and I would say it has been extremely beneficial. The chair of the group is a huge determinant of its success - however - I think Vistage has built a very strong organization that adds value beyond what each Chair brings to the table. Each meeting typically has a guest speaker. We had David Friedman in May and he was exceptional. https://culturewise.com/. Then, a large portion of the meeting is issue processing - basically - members getting feedback from other members on how to tackle an issue or a big opportunity. Can't recommend it highly enough for business owners & CEOs.

Reply by a professional
from Marquette University in Kirkland, WA, USA

These groups are all about the leader. Do they ask tough questions, do they make the owner/exec bare their soul, challenge them, etc. (I was in an advisor group and the leader really probed us on what we were doing.) On their own they don't increase a company's value. If it helps the owner it shows in the profits and culture. I have clients who swear their group is the best (business) thing that's happened to them. I know others who aren't excited by these groups. Besides the leader, it's what you put into it as often we learn best when helping others.

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