Vistage International

Vistage Worldwide, Inc. is a Peer-to-peer membership organization for CEOs, business owners and executives of small- to mid-size businesses.[1] Founded in 1957, headquartered in San Diego, Calif., Vistage has more than 20,000 CEO members in 16 countries.[2] Vistage offers four programs internationally under the marketing name Vistage Advantage: Chief Executive, Small Business, Key Executive, and Trusted Advisor Programs.[3] Members meet once a month in groups with up to 15 other executives from non-competing businesses. The groups typically begin with a speaker who presents a three-hour seminar on business strategy. The rest of the day-long meeting is devoted to issue processing, where members may share their business problems in confidence and other members offer solutions.

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Locations

Vistage Worldwide, Inc. is based in San Diego, California with additional US offices in St. Clair Shores, Michigan; Jacksonville, Florida; and Brookfield, Wisconsin. Vistage is also active in Argentina, Australia, Brazil, Canada, China, Chile, Germany, Ireland, Mexico, Malaysia, the Netherlands, New Zealand, Peru, Singapore, South Africa, and United Kingdom.[5]

History

In 2006, Vistage underwent a name change, prior they were known as TEC (The Executive Committee). During the name change, however, not all of the company’s licensees adopted the new name. Currently the company operates under the name Vistage, a combination of vista and advantage, and several of its licensees operate under the name TEC, but both provide identical services.

The company was founded in 1957 by a Wisconsin businessman named Robert Nourse,[6] who met with four chief executives to share knowledge and experiences. Nourse had found it difficult to find other peers to talk to about business issues without compromising himself. He brought together executives from similarly-sized companies in non-competing industries for the sole purpose of learning from each other. Soon, Nourse turned the model into a business, TEC.

Nourse expanded TEC by creating additional groups. As TEC grew, it began to include the following elements in its monthly meetings: professional development coaching, business-practice sharing, confidential help with critical business issues, and debates on factors impacting small and mid-sized businesses. TEC later added a facilitator (known as a “Chair”) to lead each group meeting and serve as confidential, personal coach to each member.

Since 2003,[7] the company has conducted quarterly economic surveys of its CEO members. The results of this survey, known as the Vistage CEO Confidence Index, offers a barometer of CEO confidence in U.S.

References

  1. LaPoint, Nissa (27 May 2007). "Vistage: Where CEOs go for peer advice".
  2. Reiss, Robert (18 March 2011). "Forbes Blog Article; Advice to Entrepreneurs – Go Global and Mobile-".
  3. LaPoint, Nissa (27 May 2007). "Vistage: Where CEOs go for peer advice".
  4. "Philadelphia Mayor Visits Vistage CEO Group". Vistage International. 24 September 2009.
  5. "Company Overview". Bloomberg Business. 25 March 2011.
  6. http://sandiegobusinesswebsite.com/main/Consulting/Vistage/
  7. "CEO CONFIDENCE SOARS TO HIGHEST LEVEL IN OVER 5 YEARS ACCORDING TO VISTAGE CEO CONFIDENCE INDEX". Retrieved 31 January 2013.

External links

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