What is a Presidential Advisory Council (PAC)?
A Presidential Advisory Council, or PAC is a group of about a dozen CEO members who serve as a mutual board of advisors for one another; a “mastermind” group. About 150 CEO Club members participate in a PAC. PAC members must sign mutual confidentiality agreements, agree to share detailed financial information, and not miss more than two consecutive meetings. They must be in control of a company and they need to have a minimum of 25 employees with at least $2,000,000 in annual sales. Sounding out issues or decisions with a knowledgeable, yet not directly involved peer group can significantly improve the CEOs’ odds of success. A PAC 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 a session as each member shares their ideas to aid the host. This is audio taped for the host to utilize as a reference. Confidentiality agreements are signed due to the sharing of financial information. Include
