|
The Presidential Advisory Council (PAC) is a group of about 12-14 CEO members who serve as a board of advisors for one another - a "mastermind" group. Sounding out issues or decisions with a knowledgeable, yet not directly involved, peer group can significantly improve the odds of success.
Globally, about 300 CEO Club members participate in regional PACs.
PAC members must be members of CEO Clubs, must sign mutual confidentiality agreements, agree to share detailed financial information and agree to not miss more than two consecutive meetings. They also must be in control of their company and need to have a minimum of 25 employees with at least $2 million in annual sales.
Under the guidance of a paid facilitator, who is always also a CEO, the group focuses on the host company\'s biggest problem or opportunities. The council then offers solutions and advice. A mastermind occurs at the end of each session as each member shares their ideas to aid the host. This is audio-taped for the host to utilize as a reference.
The session\'s host always sends an agenda and literature 30 days prior to the meeting they\'re hosting. The PAC then devotes its energy to the topics on the host\'s agenda for the conclusion of the meeting. These sessions often continue through dinner well into the evening.
|