

Frequently Asked Questions: Advanced CEO Peer Group Program
Answers: Melissa Raffoni
1. I am extremely busy. Why should I do this?
» CEOs have a number of extremely important decisions and challenges
they need to tackle each year, many of which have a significant impact
on the direction of their company. This program ensures that they are
appropriately identifying those decisions, have thought through the
various alternatives for addressing them, and have received the benefit
of multiple intelligent eyes looking at it so they are completely
comfortable with the ultimate plan of action.
2. Do some CEOs benefit more than others? If so, what type of CEO benefits the most?
» CEOs who want to improve the performance of their company —and their
own skills— gain the most. These CEOs have significant challenges to
bring to the table and are eager to listen and get the most out of the
sessions.
3. What type of CEO benefits the least?
» Some CEOs are at a point in their business lives where they are
satisfied with managing a lifestyle company or are not, at the moment,
interested in further developing their own skills. They may wish to
keep things status quo for as long as possible or to find their
replacement in the near future. These CEOs typically do not get a lot
out of the program because they do not have many challenges to bring to
the table or are at a point in their lives where they are invested in
other priorities beyond improving their skills as CEO.
4. Are there acceptance criteria for joining?
» Yes. Since membership is limited, each CEO works through an interview
process to assess how well he or she will mesh with a particular
existing group. The following criteria are considered:
-The company: A solid company and business model that clearly demostrates the potential for a promising future.
-The issues: Issues that the CEO might bring to the table
should be in keeping with the needs and challenges of the group as a
whole. In particular, they should be strategic in nature and compatible
with the level of issues brought by others in the group.
-The CEO: The CEO should have “ego-less confidence”, be driven to succeed, and open to learning and listening.
-General compatibility: Groups often seek to add a certain
dynamic or skill set to the table. This may mean the desire to include
a particular industry, company pace of growth, ownership criteria or
specific CEO skill set. All of this is taken into account when choosing
to fill an open slot.
5. How often do you have an opening?
» Typically, there is usually one (maybe 2) open slots in each group
per year. Since members stay in their groups for multiple years, slots
only open up only when there is a transaction or a retirement.
6. What is the commitment? Can I “try before I buy”?
» Since members invest time in learning about you and your company and
desire other long term members, there is a minimum of one year
commitment to make sure that you are serious and to ensure that you
have enough time to fully benefit from and contribute to the program.
Given our strict confidentiality agreements and the need to bring
minimum disruption to existing member meetings, there is no “try before
you buy” option. However, I do encourage you to meet with or talk to
other member CEOs to get a feel for their skill and understand how the
program works from a source other than myself.
7. What makes this program different from others out there?
» First, the members. I like to think that because our program is
regional, smaller in size and geared for more seasoned and thoughtful
CEOs that our membership is of a different caliber from what you might
find in a national network. A lot of time is spent screening CEOs for
compatibility and commitment. It’s my job to find members that my other
clients would “pay” to have at the table. If you are looking for a
large national network, this is not the program for you. If you prefer
a strong, smaller group of skilled CEOs, this may be a good fit.
» Second, the process. This program focuses only on truly strategic business issues. It does not incorporate any basic level education or structured time for addressing personal issues. It also allows you to present issues more frequently during the year. The process is rigid and intense, but it guarantees a highly-effective meeting every time.
» Third, the director. Having done this for 10 years with a number
of different groups, I’m confident that the tools I use are effective
and that I can work with you to meet your individual needs and growth
goals as a CEO.
8. What is the cost?
» The cost is 20k per year.
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