WHAT IS
AN AMC, ITS ADVANTAGES AND
HOW CAN IT WORK FOR YOUR ORGANIZATION?
The concept of efficiency
is one that has brought success to
many organizations through history.
The impact of technology and the management
sciences aimed at improving and maximizing
commerce is not a new concept with
one example dating back to the 1800s
with the steam engine and as early
as today's modern fuel efficient engines.
An Association Management Company (AMC) was designed to offer
efficiencies to nonprofit organizations
for over 100 years. An association
management company is best-suited to
offer the cost savings and technology
innovations present in society today
due to its economies of scale.
Efficiency is one of the key guiding principles of AMCs. Efficiency, coupled with Expertise and Experience are the three E’s that guide the operating principles of AH. The three E’s are what the American Society of Association Executive’s (ASAE) AMC Council, the premier organization for association professionals, found to be the critical operating principles of any professional AMC. Bill MacMillan, CAE, MBA, Chief Executive Officer of Association Headquarters, is currently a member of the ASAE Board of Directors.
Efficiency
- The last of the three E's is Efficiency.
AMCs offer economies of scale and efficiencies
to associations that are not easily duplicated
anywhere else. Efficiencies can be found in
the following:
• Technology
• Buying power
• Systems and processes
• Staff allocations and hiring - eliminates
the disruption to clients due to fast turnarounds
• Timekeeping records - provides accurate
records for resource allocation reviews
• Team assignments - right team member
does the right job
Expertise -
The first of the three E's is one
that concentrates on knowledge. AMCs
have unsurpassed knowledge in managing
all aspects of associations and professional
societies. Due to the diversity that
an AMC is exposed to in its work
with various associations, an ideal
environment is cultivated so that:
• Cross-learning
is a necessity
• Internal best practices are shared with team members
• Intensive staff training is provided by the AMC
• Team members working for an AMC have advanced education and certifications
• Team members are specialists and not generalists
• Standard operating procedures are followed
• AMC staff members are leaders in the profession
• Innovation is encouraged and allowed to flourish
Experience -
The second of the three E's is experience.
As touched on earlier, AMCs, due
to their multiple association relationships,
have a great deal of experience in
serving a wide variety of organizations
and helping them meet their organizational
objectives. Some of the key points
are:
• AMCs have
been instrumental in the growth of
their clients
• AMCs have established proven long-term relationships with their clients
• AMCs serve a large market serving thousands of associations, employing
thousands of employees, producing tens of thousands of meetings and serving hundreds
of thousands of members worldwide
AMCs
today offer nonprofit organizations:
Unique
Identity - As a client partner,
your organization will not lose its
identity. Every client partner retains
and builds upon their unique identity
as a client partner of AH.
Customer
Satisfaction - This is the
key priority at AH. We know that
the constituency of our client partners
is the most important element of
any nonprofit organization. We work
every day to achieve our mission
of "exceeding our client partners'
expectations daily…no exceptions" by
dealing with your members as important
customers. Response time and information
dissemination is critical in achieving
success in this area.
Proactive
Management - AH's team of
experts know the issues surrounding
association management today. Through
the management of our varied client
partners, we experience almost every
situation an association will encounter
and through those encounters have
devised innovative solutions.
Innovative
Solutions - AH's team was
hand-picked to not only manage an
organization but to successfully
lead them to creative solutions.
Innovation needs to take place in
all areas of an organization for
it to be successful.
Suitability
AMCs are suitable for any size organization that is either currently
managed by staff with a physical location or primarily managed by volunteers.
The various stages in the growth of an association are shown here:
Pre-Association: This
is the stage where a group of individuals
come together for a like cause. This "connection" allows
for the first steps in forming an organization.
An AMC is invaluable in the shaping
stages that a new association or society
undergoes.
Outsource Opportunities:
Strategic Planning, Start-Up Management
Young
Association: In this stage
of development, typically volunteers
are more active in the management
of the association. The association
is relatively small and the income
streams are just being established.
The purpose of the organization is
taking shape at this stage.
Outsource Opportunities:
Strategic Planning, Administrative
and Financial Management
Maturing
Association: A maturing association
is defined as one where the identity
of the association has taken shape.
The programs and services of the
organization are established and
earning revenue for the association
or society. Policies and procedures
are now in place. Volunteers can
no longer handle the day-to-day management
of the organization. The association/society
needs the skills of a tactical leader
so that the volunteer leaders can
think and act more strategically.
Outsource Opportunities:
Executive Management, Strategic Planning,
Administrative and Financial Management,
Meeting Management, Member Services
Management, Creative Services Management
Mature
Association: Building upon
the maturing association model, a
mature association is very established
and respected in the industry with
a solid membership base. The members
of the association demand high value
and reasonably priced services. There
is also a greater need to advocate
and promote change within the industry
and profession.
Outsource Opportunities:
Executive Management, Strategic Planning,
Administrative and Financial Management,
Meeting Management, Member Services
Management, Creative Services Management,
Public Relations, Government Relations,
Accreditation/Certification
Partnership
What you can't accomplish alone, you can accomplish with a partner. The
various stages of growth for an organization require different levels of
management assistance. AH helps its client partners reach the next level
of maturity with the appropriate use of human resources and knowledge.
The relationship with AH will be built on a solid foundation of trust and
partnership.
The question now becomes, "what has your
organization not been able to accomplish and how can AH partner with
you to make it happen?"
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