Vistage International – “Too many chiefs”

Pros

Exposure to best practices in business through speakers and chairs; a sense of mission among employees. It's a people-driven business.

Cons

Massively dysfunctional place. Chief officers in every department, competing for scarce resources and to protect their fiefdoms. Hierarchical top-down model that was cutting edge in 1957.

Advice to Senior Management

Do something truly innovative. Trust your people.