How much time is required?
CEO Project groups meet once a quarter for 1-1/2 to 2 days, depending on the group size and the number of issues. The advance work for a meeting takes two to four hours in order to get the most out of a meeting. Working with the CEO Advisor adds another 8-12 hours per year. This totals between 64 and 92 hours per year of focus on business improvement, personal improvement, and camaraderie—less than a monthly program. The approach actually results in greater discretionary time.
How do you handle confidentiality?
Members bring their most sensitive and confidential issues to the table at CEO Project meetings and we all take confidentiality very seriously. Each Member pledges to keep the information secret and signs a specific Agreement before joining to that effect. The Agreement also addresses the issues arising from having public companies in the group.
How long do people participate?
There is no defined end-point for participation. Our longest-serving Members have participated for over 12 years as they grew their companies by five times—to well over $1 billion in revenue. Some decide the openness and level of focus are not right for them and depart within a year of joining. The average Membership tenure is approximately 5 years of active Membership, usually changing when there is a life event or a liquidity event in the business. This means there is some normal change in Membership in the average year of a group.
What types of companies participate?
We seek a broad range of participants based on size, business model and industry. This diversity is one of the unique characteristics of the approach—as many groundbreaking ideas come from outside your core industry. Additionally, many groups have private and public Members.
How large are the groups?
The CEO Masters groups, for Members with over $25 million in revenue, top at ten Members and the Emerging Leaders groups have a maximum of 12 Members.
How is this different from YPO?
YPO is a fabulous organization and one of the best business fraternities on the planet. They do offer a venue for small groups of CEOs to interact, but these sessions are facilitated by one of the members rather than an external professional and are not based on research around CEO performance. Many of the interactions are social in nature.
How is this different than Vistage?
Vistage (formerly known as TEC) is a peer-group organization based in California with an international footprint. Vistage groups are generally formed without regard to the size of a company or the complexity of the issues/opportunities it faces. Much of the content comes from external speakers that bring presentations for half of the monthly meetings. This allows less time to focus on the critical issues specific to the member organizations. We deploy a rigorous methodology to ensure that group composition maximizes the value members receive from discussion, analysis and feedback on the issues and opportunities presented in our meetings.