ABOUT THIS EPISODE
Most CEO peer groups work brilliantly for about six months to two years. Then they quietly stop.
Lee's been in these rooms for over 40 years, Vistage, YPO, EO, all of them. The pattern's always the same. The groups get too big. Nobody knows enough about each other's businesses to get past the surface. Process takes over, and the problem a CEO actually brings to the room is usually a symptom of something deeper that a quick lap of feedback will never touch.
So he built a different kind of room. Eight members. One full day a month. A proper deep dive into every member's business every two months. One number visible to everyone at all times, so the whole group knows whether each business is actually getting more valuable or just staying busy.
Along the way: the three buckets of value creation that earned Lee significantly higher multiples across his exits, why front-line CEO wisdom beats anything from a book, and why he treats his group like a conglomerate he's invested half his retirement in.
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