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ResourcesBy: Editorial StaffHelp at the Top |
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