Vistage Worldwide Reviews | Glassdoor

Vistage Worldwide Reviews

Updated March 31, 2017
9 reviews

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Vistage Worldwide Chief Executive Officer Sam Reese
Sam Reese
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9 Employee Reviews

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Pros
  • Work with CEOs, business owners and executives to increase their effectiveness and enhance their lives (in 6 reviews)

  • Fabulous culture and moral in San Diego (in 5 reviews)

Cons
  • Very poor senior leadership team (in 3 reviews)

  • Many new chairs have approached hundreds of potential members yet failed to launch, which makes it difficult to market (in 3 reviews)

More Pros and Cons

  1. "Lack of Technology Prowess and Innovation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Services in San Diego, CA
    Former Employee - Account Services in San Diego, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Vistage Worldwide full-time (More than a year)

    Pros

    The concept/vision of Vistage is positive.

    Cons

    The execution of the vision is sub-par.

    Vistage Worldwide Response

    Apr 17, 2017 – Director, HR and Employee Experience

    We appreciate you taking the time to give us feedback. Vistage is always looking for ways to improve and create an environment which enables success. We would greatly appreciate the opportunity to ... More


  2. Helpful (5)

    "Great product - poor management - boiler room tactics!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - VISTAGE Group Chairman in Los Angeles, CA
    Current Contractor - VISTAGE Group Chairman in Los Angeles, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Vistage Worldwide as a contractor (More than 5 years)

    Pros

    Members are great, some chairs care about other chairs, others just see chairs as competition, since corporate does little to manage areas or disputes

    Cons

    Should not be owned by hedge funds, because profit/ROI is only motive. Corporate staff should remember who provides their salaries . Bonuses incentive wrong things, rewards old guard not new staff, Pricing yourselves out of market, competition will become more of an issue. Paranoid about competition.

    Advice to Management

    Listen to rainmakers, not executives with budgets and corporate strategy goals . Include chairs in corporate structure, they are not included in organization chart, but produce 100% of revenue. You have a great product focus on it not ROI. Get chairs together and use them as sounding boards for new ideas, practice what you preach, not inner circle. Sell company to chairs or IPO.

    Vistage Worldwide Response

    Sep 16, 2015 – Vistage HR Team

    Thank you for taking the time to provide feedback about your experience with Vistage. We are committed to improving and creating an environment which enables success for our community of Chairs ... More


  3. Helpful (7)

    "Slimy organization stay clear"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Chair in Chicago, IL
    Current Contractor - Chair in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Vistage Worldwide as a contractor (More than 8 years)

    Pros

    Great vision ,old line chairs, great pitch

    Cons

    Slimy money hungry executive CEO is a snake

    Advice to Management

    Resign


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  5. Helpful (10)

    "Too many chiefs"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Diego, CA
    Current Employee - Anonymous Employee in San Diego, CA
    Doesn't Recommend
    Disapproves of CEO

    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 Management

    Do something truly innovative. Trust your people.


  6. Helpful (2)

    "Long hours and lot's of "face-time" expected. Lot's of turnover, especially senior management."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Diego, CA
    Current Employee - Anonymous Employee in San Diego, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Pay and titles are decent. Purpose of the work is noble. Most Chairs are great. Great work location in class A building. Many hard working employees. Good openness about financials with employees.

    Cons

    Expectations of long work hours (face time) has grown in recent years. New York style of work (whatever that means) has been included as part of the screening process for new employees. Business is not scalable in current format. Too dependent on Chairs for sales.

    Advice to Management

    Treat people with respect and dignity. Retain the goodwill of people as they depart the company.


  7. Helpful (3)

    "Do your research before you consider joining."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Diego, CA
    Former Employee - Anonymous Employee in San Diego, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Some nice though not necessarily competent people there

    Cons

    Very poor senior leadership team. For an organization that teaches CEOs how to be more effective, they are amazingly bad at it themselves.

    Advice to Management

    Practice what you preach


  8. Helpful (7)

    "Was a great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - VISTAGE Group Chairman
    Current Contractor - VISTAGE Group Chairman
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Vistage Worldwide as a contractor (More than 10 years)

    Pros

    The Vistage mission is excellent: Helping CEOs and senior executives be more effective and enhance their lives.
    The model is also excellent, with group chairs with extensive business experience bringing a diverse group of company leaders together monthly and providing monthly 1-2-1 coaching. The atmosphere of trust and safety within the group is very powerful.

    Cons

    About two years ago, a private equity group purchased Vistage and installed a new CEO, Leon Shapiro. He has very probably been successful at turning other companies around. But he brings a very different culture to Vistage and most of the people who understand what really makes Vistage work have become dis-heartened and have left, some under very negative circumstances. The CEO has made promises that have not been kept. Morale is very low with staff, and many of the senior chairs (independent contractors) who have been leading groups for many years are very concerned about the mismatch of values.

    Advice to Management

    The board of directors should replace the CEO.


  9. Helpful (1)

    "Chair"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - VISTAGE Group Chairman
    Former Employee - VISTAGE Group Chairman
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    You are supported by great marketing events and promotional material.

    Cons

    It's autocratic, the role and training is robotic and process driven. It feels like a pyramid sell.

    Advice to Management

    Value the voice of people you engage with.

    Vistage Worldwide Response

    Mar 14, 2017 – Director, HR and Employee Experience

    Thank you so much for taking the time to give us your valuable feedback. Vistage is committed to continuous improvement and creating an environment which enables success. We would love the ... More


  10. Helpful (6)

    "Expensive foray into CEO coaching, long hours, little to no return on investment of time."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Chair
    Former Contractor - Chair
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Vistage Worldwide as a contractor (More than a year)

    Pros

    You are your own boss, it can be rewarding work, good group of peers. Good mentoring by Lead Chair. If you are very aggressive, are a good closer, and in a growing market, you can make a decent living.

    Cons

    Very rigid formula for success, condescending attitude to Chairs from home office support staff, minimum of 2 years before you have a shot at success. Very big on writing out and saying scripts verbatim to prospective members.

    Given the alternatives to how CEOs try to grow their business, Vistage has an antiquated business model that is overpriced.

    Advice to Management

    Stop trying to grow market share at the expense of existing Chairs. Protect existing Chairs -- meaning, stop adding Chairs in maxed markets -- and provide them with marketing support. Help keep their groups full and grow new ones. Be honest with new Chairs about the lifecycle of Chairs and be candid about prospects for success.

    Treat your Chairs like customers. That's the best piece of advice I can give. For all the talk about "helping you to be successful," oftentimes you feel like just another 1099, outsourced salesforce.


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