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| Resources Editorial Staff |
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Feeling alone at the top? Take heart; some Southwest Florida organizations are there for executives, providing a confidential haven to air challenges and get advice from others on issues from staffing to finances. Another plus: the opportunity to learn cutting-edge business strategies from top speakers and executives worldwide. Though each group is unique, they all require one crucial element—commitment. Members must regularly give their time, money and business acumen. The results, executives say, are personal and professional growth, improved decision-making, increased accountability and networking. “A primary benefit is to hear well-qualified speakers make presentations on areas in which they have a great deal of expertise,” says Bill Myers, an attorney with Fowler White Myers Krause and a member of the Presidents Forum of Southwest Florida, a Naples-based executive network. “This kind of information isn’t generally available locally. You’d have to travel many miles to be able to hear people of this caliber.” To have access to this kind of exclusive information, potential members must meet certain criteria. The Presidents Forum, founded in 1996, requires that the member’s firm has $2 million in annual billings and at least 15 employees. Monthly meetings feature experts on issues ranging from strategic planning to process management, and the group hosts breakfast seminars, workshops and cocktail parties. The Presidents Forum charges an initiation fee of $1,000 and a yearly membership of $1,200. The Executive Committee, or TEC, an international organization that promotes continuous learning for executives, has a Southwest Florida chapter. TEC meets one day a month, featuring a speaker for the first half of the day (former Porsche AG chief executive officer Peter Schutz was a recent speaker), followed by a “meeting of the minds” where members provide help for their peers’ business issues. In addition, TEC provides one-on-one sessions with local facilitator Barbara Monti. To join TEC, the company must have at least $3 million in annual sales and employ 25 people or more. There is an initial $1,200 fee plus $2,550 per quarter to maintain membership. There are nearly 8,000 TEC members worldwide. For Samira Beckwith, chief executive officer and president of Hope Hospice and Palliative Care, the time—and money—invested in TEC is worth it. “It’s very helpful to me to have a group I can talk with,” says Beckwith. “They might be able to see or hear things in my presentation of an issue or a problem that I might be too close to.” Smaller firms may find it tough to meet the requirements or afford the fees. That’s one reason why TEC created Smart Tools, a mentoring organization for small businesses and middle managers. Initiation costs $500 and a one-year seat goes for $6,000. Smart Tools focuses more on tactics rather than overall business strategies. Membership for all three groups is invitation-only. Competing companies can’t be members of the same organization. In addition, some of the groups ask members to sign a confidentiality agreement, which helps executives feel comfortable sharing sometimes-sensitive company information. With Southwest Florida’s growing reputation as a hotbed for small business, The Alternative Board, or TAB, an international mentoring organization that primarily serves small business owners, plans to start a chapter here. Serving nearly 1,500 businesses in 100 cities worldwide, TAB brings together business owners, presidents and chief executive officers of non-competing, privately held firms. There is a $750 initiation fee to join TAB and a $500 monthly fee. The group says it aims to provide practical ideas, honest advice, sound strategies and simple motivation. “It’s the difference between theory and real life,” says founder Allen Fishman. “You learn from other people’s experiences. The key is getting advice from your peers and a strong support system.” Members credit the organizations with providing invaluable help. Naples restaurateur Vin DePasquale, president of Dock 5, says the executives in his TEC group were instrumental in helping him develop a quality assurance program for his workers. “They added a lot to the success of the program and helped to shape and mold it,” he says. “That way, we could deliver the program with pretty good assurance and confidence that we were heading in the right direction.” For executives in this fast-paced, high-stakes business climate, that kind of peace of mind is priceless. Southwest florida’s executive organizations The Alternative Board Contact: Allen Fishman Phone: (303) 839-1200 www.TABboards.com Allen@TABboards.com The Executive Committee/Smart Tools Contact: Barbara Monti Phone: (239) 949-4400 www.teconline.com Bmonti@compuserve.com The Presidents Forum of Southwest Florida Contact: Rick Kraska Phone: (239) 592-9700 www.presidentsflorida.com director@presidentsflorida.com | ||