In October of 2018, a group of Vistage Chairs independently put together a ChairVoice Survey to get input from the Chairs on a number of Vistage related topics. 115 Chairs responded, with respective tenures as follows:
- 50% had been with Vistage for at least 15 years.
- 71% had been with Vistage for at least 11 years.
- 90% had been with Vistage for at least 6 years.
A number of topics were covered, including whether current Chairs would become Chairs if they were not already chairs. See the details below:
Q: If you weren’t already a Vistage Chair, would you be willing to start over today including the process of building a group?
A: Results are as follows:
Here are Some of the More Interesting Comments:
- Astounding to me that people are willing to spend money to see if they can get a job that may require 6 to 8 months before it generates revenue…
- I have ceased recently because i disenjoy the recruitment process and have had enough after 20 years
- The effort & costs don’t justify the meager financial return
- In Florida as long as we are separately owned but never outside of Florida.
- The prices are making membership prohibitive for SMBs
- I’d just build a mastermind of my own with local talent as speakers.
- Possible but with lot reservations
- It is taking new Chairs far longer to build a group even with better training and a mentoring program. I would not invest the time for no first year return and little return the second year. That’s a problem that needs a solution if retiring Chairs are to be replaced with younger people.
- Absolutely not. Many times in the past ten months, I have considered an exit from Vistage.
- I’d probably be an EOS Implementer. Much higher return.
- Price to members is way too high. In six years the average price increase is 34.1% not the 18% management claims. Head in the sand.
- Would be very frustrating
- If I weren’t a chair, I wouldn’t know what I know and would still want to become a chair. A little like getting my Ph.D. Had I known all that it would take, I might not have done it.
- I wouldn’t be willing to start again because Vistage has lost too much of what caused me to want to be a Chair to begin with.
- The actual income has been about half what I expected. There is a lot more competition with other organizations and much more Chair saturation that I realized when I made the decision.
- Not with the current corporate structure,metrics and compensation.
- I’ve turned down requests to start a new group or take on a transition group.
- No way. Split is grossly unfair to Vistage and Vistage is offending the membership by cutting costs that reduce service to the members.
- The TEC vision has been obliterated.
- Considering leaving at this time. Becoming increasingly disenchanted with the treatment of chairs and speakers.
- I have great concerns about the focus on EBITDA and the effect it is having on my members and their perception of Vistage.
- Doing just that including recruiting Chairs to build groups. Driving San Diego crazy so all they can do is sue us.
- No. After doing my due diligence I would realize that I could align with some ICF members, or EOS members, or Leadership Circle or a number of other coaching organizations and create my own group. I could learn from other groups that have a better financial split. I don’t need a big back office since so much can be done virtually to support me and help me run my group(s).