The other day a colleague asked me what I thought of Facebook as a tool for growing business. It was a timely question. He wondered what the new infusion of cash from Facebook’s IPO might mean for the young company. In particular, my friend was trying to make decisions about how to allocate resources in […]
IOM Blog
Balancing Mission, Resources and Sustainability: The True Balancing Act and Impact on Budgets
From a financial perspective, balancing mission, resources and sustainability are mathematically impossible in the short-run but obtainable if you take a long-term perspective. I remind myself of this fact every time I help organizations begin the process to assemble their next year’s budget. There are so many contributing factors to consider while assembling the budget. […]
Keeping Your Young Professional Organization Relevant
Does it feel like your Young Professional Organization (YPO) is losing its relevance? Do you feel like it’s lost the enthusiasm and effectiveness it once had? YPO’s were trending a few years ago and it seemed everywhere you turned an association or a chamber was forming one. Now, it seems as if the craze has […]
10 “-ity”s That Aren’t Itty
As an IOMer, you clearly want your association or chamber to be the best it can be. But what criteria constitutes “best”? Does your leadership provide observable evidence of those criteria? If not, consider how these “-ity”s can give you a boost towards your best. 1. Agility: Speed of responsiveness to change is a competitive […]
10 Tips to Increase Member Renewal Rates
For those who use a calendar-based membership term, December and January can be the scariest months of the year. A few years ago, a Chamber CEO called me in February and she said in a panic-stricken voice, “25% of our members did not renew! How can that be when just several months ago members gave […]
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