Peer Advisory Boards

The Rhode Island CEO Council

An Exclusive Consortium of CEOs Building a Stronger Rhode Island


Accel Advisory Boards

 offer an

Exceptionally High ROI

5.25% Higher Growth Rate

— Based on an analysis of Dun & Bradstreet data —

CEOs who were members of a peer advisory group grew their annual revenue on average by 4.6% in 2020, while others leading comparable small and midsize businesses saw revenue decrease by 4.7%.


Make Better Decisions in Less Time

Utilize the Collective Wisdom of Your Peers


Why CEOs Invest Time in Peer Advisory Boards

Virtually all CEOs who actively participate in a peer advisory group grow their company's annual revenue faster and higher than other CEOs who lead comparable small and midsize businesses (based on comprehensive analysis of Dun & Bradstreet data).

An exceptional example is Bill George, CEO of Medtronic from 1991 to 2001, grew Medtronic Corporation from $1.1 to $60 billion in just ten years. Bill credits his peer advisory group with helping him see his blind spots, make the best possible decisions, and stay on the right course during that time.

Leaders of over 30,000 small, medium, and large companies and nonprofits are active members of a peer advisory board; most make participation a top priority due to the value they receive.

Utilizing the collective wisdom and unbiased advice of the peers in their advisory board, CEOs typically make better strategic decisions which result in faster growing, more profitable, healthier companies.

Every CEO who participates in a peer advisory board receives significant value or they would not be investing their valuable time and the required budget.

 

Why RI CEO Council Accel Advisory Boards are Best in Class

The CEO Council’s Accel Advisory Boards have been designed specifically to address the unique needs of chief executives who lead medium, large and small Rhode Island area workforces.

  • Each member’s professional and personal profile is used to determine which Accel Advisory Board will provide the highest value and best alignment for them and the other members.

  • Accel Advisory Boards are directed by highly respected, experienced business executives who are professionally trained facilitators and certified executive coaches.

  • The CEO Council offers both in-person, virtual, and hybrid Accel Advisory Boards to best accommodate the needs of busy chief executives.

  • To provide the highest value to all members, each Accel Advisory Board is limited to eight to ten curated peer-level chief executives.

  • Joining an Accel Advisory Board is a solid decision—participation delivers an exceptionally high return on both the time and money invested. It is also a safe decision with only a month-to-month financial commitment.


Key Benefits
  • Measurably better results – increased growth and profitability.

  • Revitalized thinking, reduced blind spots, and ongoing access to candid and unbiased advice.

  • The additional clarity needed to make better decisions.

  • Continuous development of your untapped leadership mastery.

  • Increased energy, productivity, and focus on building a lasting legacy.

  • Peer camaraderie – isolation relief – a shared understanding of the realities of the job

  • The succinct answers needed to address strategic challenges.

  • Eight to ten peers whose only agenda is helping each other increase leadership performance & business results.

  • The additional motivation needed to “get out of the weeds” and hold yourself accountable to do the things that matter most.


Answers to Your Questions

How do you get highly effective unbiased advice?

  • Accel Advisory Boards harness the collective wisdom, power and support of eight to ten seasoned peers that have no stake in your business or the decisions you make.

How will an Accel Advisory Board get me better results?

  • Your Accel Advisory Board will help you dig deeper, identify blind spots, get new ideas, and gain the clarity you need to make the best possible decisions and take your business to the next level.

  • You gain a circle of trusted advisors whose only agenda is supporting you and each other’s professional and personal success.

What are Accel Advisory Board membership requirements?

  • Accel Advisory Board membership is not for everyone – membership requires commitment, confidentiality, and willingness to support other members with total honesty, respect and compassion.

  • Members may not have any competitive or significant business relationship with other board members.

  • Members must make actively participating in their board's meetings (typically 4-hours per month) a top priority.

How are Accel Advisory Boards different from other peer groups?

  1. Accel Advisory Boards are designed to address the unique needs of chief executives who lead Rhode Island workforces.

  2. The best practices and most effective elements utilized in other peer advisory organizations have been fine-tuned and incorporated into Accel Advisory Board operations.

  3. Each chief executive’s professional and personal profile is used to determine which Accel Advisory Board will provide the highest value and best alignment with other members.

  4. Accel Advisory Board Directors are trained facilitators and certified executive coaches; they help each member fully utilize the collective wisdom of the group and get the answers they need.

  5. Accel Advisory Board meetings utilize a proprietary DeepDive process that quickly unveils blind spots and generates highly effective advice, needed resources, and actionable ideas.

Why do chief executives continue to actively participate in their peer advisory group year-after-year?

  • High ROI—the time CEOs invest in peer advisory board meetings consistently results in increased leadership performance, competitive advantage, and accelerated business growth.


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The Rhode Island CEO Council

Charting the path forward for RI business, RI policy, and the RI Economy