It’s been said many times that connections are the things that hold people together. In the world of association leadership, the same concept applies. Having a comfortable culture of networking in your association is vital to allow your association to broaden its knowledge and gain a sense of community [...]
In the ever-evolving landscape of association management, maintaining financial stability is not just a goal but a necessity. Reserve funds or accumulated surpluses represent more than mere financial safety nets; they embody potential avenues for significant member-centric growth and development. For association leaders, the judicious deployment of these funds [...]
Is there only one way to lead an association? One of the challenges and benefits of working for an Association Management Company (AMC) is that you get exposed to many different styles and forms of leadership. No “one” style or form is correct and effective for all associations but [...]
Many associations, especially those in the start-up phase, may lack expertise in accounting or bookkeeping. Consequently, they often encounter avoidable accounting errors. Here are some fundamental accounting principles that associations need to understand before initiating their operations. Maintain a strict separation between business and personal funds One fundamental [...]
In the world of association management, setting goals is one of the most effective ways to motivate and engage members while also creating fulfillment and alignment. In Association management, setting and achieving goals is exclusively a team effort therefore, goal setting becomes a collaborative act. This guide aims to [...]
Task Forces are valuable for associations for a number of reasons. They play an integral role in addressing specific challenges or new initiatives and driving the organization’s missions and goals. Task forces perform within a specific timeframe and strive to make each meeting actionable to ensure maximum efficiencies and [...]
Effective financial management combines organization, objectives, tasks, and renewed processes by Board and management, as well as the financial stability and profits of the association. Most association financial management plans can be broken down into four elements. These four elements include planning, controlling, organizing and directing, and decision-making. With [...]
“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” – John F. Kennedy As an association volunteer leader, you face challenges and decisions every day. Along the path to progress, gratitude is an important [...]
Who is your customer? How straight forward and easy a question is this for your association? For some associations, this is easy, members. For others it isn’t as simple, so Boards need to stop, assess, and ask this important question. Associations spend money on strategic planning. Post pandemic, strategic [...]
The association’s long-time executive director who managed every aspect of the professional association, is leaving and to fulfill this role, the association’s Board of Directors has hired an association management company (AMC). But what does this mean? How will it benefit membership? And will it be expensive? Just a [...]
