Join Vistage Master Chair Tom Cuthbert in this episode of the ChairLife podcast. Tom emphasizes the critical role of Vistage Chairs in enhancing the enterprise value of member companies, sharing tools and success stories to drive financial success. He also details the benefits of a dedicated office space designed to foster deeper CEO engagement. With insights from his 13-year tenure, this episode equips Chairs with strategies to strengthen their practice and help members achieve significant business and personal outcomes.
Show Notes
Introduction: Tom introduces the episode, focusing on enterprise value as a Chair’s primary responsibility and the value of an office space.
The Role of Vistage Chairs in Enterprise Value: Tom defines enterprise value and its importance as the core focus for member success.
Why Enterprise Value Matters: Highlights BizEquity stats showing widespread gaps in business valuation knowledge and planning.
How Vistage Drives Enterprise Value: Shares a $1.9 billion exit story and strategies using BizEquity and peer groups.
Impact and Action for Chairs: Outlines benefits of enterprise value focus and urges Chairs to push members to assess their worth.
Tom’s Tips & Tricks: The Art of the Office: Tom explains how a well-designed office enhances one-to-one engagement.
Conclusion: A call to prioritize enterprise value and consider an office to elevate Vistage groups.
Tom’s Tips & Tricks: The Art of the Office
Tom describes his office, established five years into his practice, and its role in deepening CEO connections.
Why an Office: Offers distraction-free privacy, builds relationships, ensures consistency, and triples engagement per Baylor University.
Design Elements: Includes natural light, a stand-up desk with treadmill, three comfortable chairs, a conference table with Vibe board, and calming decor.
Comfort and Privacy: Features water bottles, snacks, tissue boxes, white noise, and hidden clocks for focus.
Branding and Connection: Displays family photos, books, Vistage awards, and values banner for credibility and relatability.
Action: Assess if an office aligns with your practice; view Tom’s office photos online.
Resources
Find more tools and insights to enhance your Vistage Chair practice:
https://www.tomcuthbert.com/office
https://www.tomcuthbert.com/adometry
https://www.wsj.com/articles/BL-269B-479
https://sanantonioreport.org/pathwire-acquisition-sinch/
www.chairlifepodcast.com
https://www.amazon.com/Leadership-Art-Max-Depree/dp/B0077EEPTO
https://www.amazon.com/Never-Split-Difference-Negotiating-Depended/dp/0062407805
https://www.amazon.com/Blue-Ocean-Strategy-Expanded-Uncontested/dp/1625274491
https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996
https://www.bizequity.com/
https://foundersib.com/
https://myvistage.com/transaction/
https://docs.google.com/document/d/1vPkaD65cN_gbDehB6qO6CxAs9F4RWh5VDroWzzaM-Wo/edit?usp=sharing