Arete Coach 1161 Fred Chaney "TEC-niques of Leadership: From Concept to Growth of The Executive Committee to Vistage"

Arete Coach: The Art & Science of Executive Coaching

Arete Coach Podcast

Business, How To, Entrepreneurship, Education, Management

5 • 1.2K Ratings

🗓️ 22 January 2024

⏱️ 78 minutes

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Summary

In the Arete Coach Podcast episode 1161 titled, "TEC-niques of Leadership: From Concept to Growth of The Executive Committee to Vistage," host Severin Sorensen interviews Fred Chaney, an executive coach, Vistage Chair, former CEO of TEC (or The Executive Committee), and former CEO of Lonestar Steakhouse (including Texas Land and Cattle, Del Friscos, and Sullivans).

In this episode we feature Fred Chaney, a visionary entrepreneur, Vistage Chair, and former CEO of The Executive Committee (TEC), now known as Vistage Worldwide. We explore several key themes and experiences from Chaney's remarkable career. The podcast delves into Chaney's journey from his academic pursuits in engineering and psychology to his pioneering work in executive coaching and his influential role in shaping the world of executive leadership through Vistage.

Fred Chaney's career began with significant contributions to aerospace, where he worked on projects such as the lunar landing module and a manned orbital station. His transition into management education marked the inception of TEC groups for CEOs, which he started in Southern California in 1969. Chaney's approach to coaching, heavily influenced by his belief in the power of listening over instructing, was shaped by figures like Bob Nourse, the original founder of TEC, and Stephen Covey, an authority in empathetic listening. Chaney's philosophy underscores the importance of understanding and gently guiding executives rather than directing them.

Chaney's expansion of TEC into a global entity serving thousands of CEOs and executives across various countries was a significant milestone. This growth was fueled by his ability to attract and nurture high-caliber members and expand internationally, thanks in part to the contributions of key figures like Pat Hyndman. His third career phase saw him successfully chairing a major restaurant company, further demonstrating his versatile leadership and business acumen.

In the podcast, Chaney shared insights on various topics, including the challenges and rewards of executive coaching, the impact of artificial intelligence on business, and his strategies for driving group growth and effectiveness. His emphasis on opportunity over problem-solving and his anecdotal teachings provide valuable lessons for leaders and coaches alike.

The Arete Coach Podcast seeks to explore the art and science of executive coaching. You can find out more about this podcast at aretecoach.io.

This episode was produced on November 3, 2023.

Transcript

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0:00.0	This is the Artichoch podcast with Severin Sorrenton and his guest Fred Cheney.
0:04.6	He is an entrepreneur, visionary, Vistage chair, and former CEO of the Executive Committee,
0:11.1	known as Tech, that is now Vistage Worldwide.
0:15.0	This interview is recorded on November 3rd, 2003 via Zoom video.
0:20.9	You are listening to Severin Sorensen, executive coaching
0:23.7	curator of the Art-E-coach podcast,
0:26.5	will we explore excellence and the art and science
0:29.0	and executive coaching.
0:30.8	I am speaking today with executive coach Fred Cheney. He is an entrepreneur, visionary,
0:36.2	Vistage chair, and former CEO of the executive committee known as Tech that is now Vistage
0:42.4	Worldwide.
0:44.2	To understand Fred Cheney, we need to go back to over 50 years to when he earned his undergraduate
0:49.8	degrees in engineering and psychology and and Psychology and Perdue University.
0:56.0	His first career was in aerospace
0:59.0	where he worked on the Lunar Landing Module
1:01.0	and Demand Orbital Station.
1:04.0	Then he received a National Science Foundation postdoctoral
1:07.0	fellowship for one year to attend the University of London.
1:10.2	Fred's second career in management education began when he started one of the first
1:15.8	tech groups of CEOs in Southern California in 1969. Fred is chairman of Vistage group 007 and he and his group are still active today
1:28.0	with multiple members having built managed or sold major operating businesses with billion dollar revenues.
1:35.3	For example, here's just one of his Vistage members.
	...

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