New Engagement Opportunity for Associations?

New Engagement Opportunity for Associations? Global Competition, political turmoil, and the digital economy are creating new opportunities for Associations and Professional Societies. Some organizations are leveraging external challenges to partner with their members to help them achieve business and professional outcomes. This type of “shared outcome” approach can help Associations move the conversation away from “what do I get for my dues?”

A Highly Engaged Solution Community

ACCA, the Air Conditioning Contractors of America, www.acca.org, works through ANSI (the American National Standards Institute) to develop industry standards for heating, ventilation, air conditioning, and building performance. They collaborate with members, engage experienced small business owners, and consistently recognize volunteer thought leadership contributions in their standards setting process.

The organization’s engagement practices help reinforce a “we” focused & a “highly engaged solution community.” Recognition of Air Conditioning Contractor Expert Contributions throughout the process in a target member segment also increases member “connectivity” to the Association.

engagement opportunityPaul Stalknecht, ACCA President & CEO, says the Standards Program is “effective because it’s driven and led by accomplished small business owners.” He emphasizes that their standards setting initiative has influenced how the organization structures their offerings to Air Conditioning Contractors across multiple platforms.

New Engagement Opportunity for Associations?

A “shared outcome” focus similar to ACCA’s will motivate more members to contribute and be connected if they believe that the outcomes they care most about will be achieved. The Association reports upward trends in retention, annual operating revenue, and fee for service offerings.

Organizations who most often reported (http://bit.ly/1g8g1J2) upward 3 year business trends were the ones who reported an understanding of member “up at night” issues and then engaging members in becoming active on those needs.

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

engagement opportunity

 

Association Member Viewing Lens

Strategic Member Engagement: The Association Member Viewing Lens Nowadays, Executives no longer make membership decisions per se, they make business decisions. The lens in which these decisions are evaluated and made is all about business, professional, and personal outcomes. Associations who align their offerings do so by first understanding member “up at night” issues.

“We”  Focused Community

viewing lensFor Tino Mantella, President & CEO, the Technology Association of Georgia, www.tagonline.org, listening and reinforcing their engaged solution community is a consistent mantra. Annual membership surveys, focus groups, market studies, and dedicated relationship resources provide Mantella, his senior team, and their Board of Directors with connectivity to member “up at night” issues. (http://bit.ly/1aT4qmn)

TAG also emphasizes collaboration throughout its community and rewards, welcomes, and recognizes “thought leadership” contributions among its 34 different Special Interest Groups.

Test: Is the Association a Highly Engaged Solution Community?

Entrepreneurs, a key TAG membership segment, wanted the organization to help achieve enactment of a $100 million investment fund to assist early growth stage firms. Working as part of a broader business coalition, TAG marshaled its resources. The legislation achieved final passage in the Georgia State Legislature on March 28, 2013. (http://bit.ly/1lcl9Ud)

Data Drives Alignment With The Association Member Viewing Lens

Mantella says “we think about all the ways we listen, learn, and respond to our members.” In 2014 member retention stands at 98% with annual corporate membership growth at 35%.

Strategic Member Engagement: The Association Member Viewing Lens

Associations who regularly conduct member impact surveys (not merely satisfaction surveys) fare better. The survey of 307 Association Executives conducted by Potomac Core Consulting, Vertical Leap Consulting, and icimo, shows that organizations who conduct annual member impact surveys with annual revenue perform 15% higher over a 3 year period than those who do not.

For complete survey results and the “Accelerating Strategic Member Engagement” eBook, sign up at www.potomaccore.com.

viewing lens

Does Your Association Board Have A Strategic Focus?

Does Your Association Board Have A Strategic Focus? At a time of unprecedented change, some CEO’s view strategic boards as indispensable and an important driver to the success of an organization. As demographics, technology, the economy, and the nature of commerce rapidly shift from one day to the next, boards with strategic focus could be the difference between success and failure.

Key Capability

strategic focusIn a joint survey conducted through the collaborative effort of Vertical Leap Consulting, icimo, and Potomac Core Consulting, very highly engaged boards who are strategic in focus were recognized as one of six capabilities reporting upward trending 3-year operating results. For Christopher E. Laxton, CAE, Executive Director, AMDA (www.amda.com),The Society for Post-Acute and Long-Term Care Medicine, and a 2014 Alumni Examiner for the Malcolm Baldrige National Quality Award, the survey results have even greater implications. He views the results as providing external validation of the strategic focus that all boards must have to navigate a changing and challenging landscape.

“CEOs Must Lead The Board”

As Associations face increasing competition, more public scrutiny, and higher stakes, Laxton contends that “more CEO’s should take on board development.” Reflecting on professional experience and results from the Strategic Member Engagement Survey, he emphasizes that “when boards focus strategically, we can more easily see the results.”

Laxton believes that CEO’s should start the process by asking themselves, “How can I make my board more strategic?” and understand that boards don’t always understand how to become strategic in the first place. He works with board chairs to define the culture, i.e. “talking and getting nothing done” or “instilling a sense of urgency and taking action.”

Does Your Association Board Have A Strategic Focus?

From Laxton’s perspective, every minute that Association CEO’s invests in the Board can help deliver increased engagement and revenue growth.

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

strategic focus

“Outside In” Association Boards?

association boards

“Outside In” Association Boards?

The overall impact of very highly strategic boards with a high understanding who strategize about the needs of the average member is reflected in Association business model performances. New data from a Strategic Member Engagement Survey shows organizations who are “Outside In” are far more likely to deliver strong performance in retention, annual revenue, primary meeting registrations and timely membership renewals. This and other survey data was shared through the collaboration of icimo, Vertical Leap Consulting, and Potomac Core – Association Consulting.

Why “Outside In” Boards Matter

As Associations and Professional Societies work to remain relevant, a strategic board can provide important linkages to member “up at night” issues and the business and professional outcomes that members want to achieve.

Alignment With Member Outcomes

outside inIn an important example, keeping an Association reflective of member business outcomes (“outside-in) is a deliberate focus for Julia Hamm, President & CEO of the Solar Electric Power Association www.solarelectricpower.org.  By design, the organization’s board reflects all sectors of its core membership ranging from large regulated investor owned electric companies to small municipally owned electric utilities.

Hamm and her senior team consistently utilize their strategically focused board to understand their “up at night” issues. They utilize direct market feedback  to develop products and services which help effectively address  and engage members in solutions to their “up at night” issues. “What’s driving us is what they need, not what we need” emphasizes Julia Hamm. This member outcome focused approach helps the organization achieve consistent 94-95% core member retention.

“Outside In” Association Boards?

Strategic boards who provide high level perspectives on member and professional outcomes help motivate and drive Strategic Member Engagement. They also help an Association remain highly relevant on a consistent basis.

 

outside inFor a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com

 

Knowing Member “Up at Night” Issues Accelerates Association Growth & Positioning

up at nightKnowing Member “Up at Night” Issues Accelerates Association Growth & Positioning. Trade Associations and Professional Societies with upward trending 3-year operating results are far more likely to better understand member “up at night” issues and to engage members in acting upon those needs. This and other relevant actionable data was released in a joint survey of 307 Association Executives conducted through the collaborative effort of Vertical Leap Consulting, icimo, and Potomac Core Consulting.

Up at Night Issues: What Members Care About Most

Strategic Member Engagement is mostly about understanding member “up at night” issues and the outcomes that Association Members seek instead of focusing on member satisfaction with an association’s current “outputs” (products or services).

3 Year Operating Results

Associations who identify member “up at night” issues and then engage their members in solutions are far more likely to report strong performance in Member Retention, Annual Operating Revenue, Registrations to Primary Annual Meetings, Annual Revenue from Fee for Service Offerings, and Timely Membership Renewals. Trade Associations and Professional Societies reflecting upward trends also more frequently have these capabilities:

  1. Very highly engaged boards who are strategic in focus
  2. Regularly conduct member impact surveys (not merely “satisfaction” surveys)
  3. Ability to gather and segment member data; especially if able to integrate data from multiple sources/platforms
  4. Very high degree of board understanding and strategizing about the needs of the average member
  5. Have identified member segments who most want to contribute knowledge and collaborate with other members
  6. Have identified specific behaviors that foreshadow future increases in knowledge and contribution and collaboration

Knowing Member “Up at Night” Issues Accelerates Association Growth & Positioning

Having a firm grip on Member “Up at Night” Issues has game change potential for Associations.  Ultimately it helps align organizations with the things that their members really care about.

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

up at night

Strategic Member Engagement: Accelerant to Association Membership Growth And Retention

Strategic Member Engagement

Strategic Member Engagement: Accelerant to Association Membership Growth & Retention

A groundbreaking survey on Strategic Member Engagement shows that Trade Associations and Professional Societies reporting upward 3-year operating results are far more likely to have better data about  member issues, have a very high level of board understanding and strategizing about the outcomes members seek and, importantly, actively engage members in creating new solutions. A great deal of actionable data about how these associations are positioning for long-term success is uncovered in a joint survey conducted through the collaborative effort of Vertical Leap Consulting, Icimo, and Potomac Core – Association Consulting.

The Survey, polling 307 executives of national/international trade associations and professional societies, was conducted in October and November 2013.

Strategic Member Engagement Seen As Driver

In reporting the survey outcomes, Bryce Gartner of Icimo, LLC,  Dan Varroney of Potomac Core – Association Consulting, and Steve Lane of Vertical Leap Consulting emphasized “strategic member engagement is not about touchy feely member interface, short term sales strategies, or administering tracking reports. Instead, it is a game changing accelerator of Professional Society and Trade Association growth and positioning strategies. Our research surfaces just how much of a driver strategic member engagement is for an association’s business model and  the long-term, differentiating value provided to its profession or industry.”

Strategic Member Engagement: Accelerant to Association Membership Growth And Retention

Organizations with upward trending 3-year operating results reported the strongest capabilities are far more likely to better understand member up-at-night issues and to engage members in acting upon those needs. These Association Executives were far more likely to report strong performance in Member Retention, Annual Operating Revenue, Registrations to Primary Annual Meetings, Annual Revenue from Fee for Service Offerings, and Timely Membership Renewals.

losing large association membersA free copy of the “Accelerating Strategic Member Engagement” eBook, is available at Potomac Core – Association Consulting, Vertical Leap Consulting, and Icimo

 

Association CEO Nails Critical Member Engagement Question

member engagement questionAssociation CEO Nails Critical Member Engagement Question. As the economy grows at what some economists call a “snail’s pace,” an Association CEO who knows the right question to ask is worth their weight in gold. Just ask Julia Hamm, the energetic and passionate President & CEO of a dynamic enterprise, the Solar Electric Power Association www.solarelectricpower.org. In the three year window,  between 2009-2011, SEPA membership grew 50%.The industry Trade Show (SEPA partners with the Solar Industry Association) blossomed from 1,100 attendees in 2004 to 25,000 in 2010.

One Critical Member Engagement Question

“From a member perspective, does your Association bring together constituencies creating new solutions; driving member value that shapes both industries and professions?” Serving a combined national membership of Solar Industry Companies (manufacturers, project developers and finance firms) and Electric Utilities, SEPA leverages its strategic plan to deliver products and services shaping Solar Industry acceptance and business success.

Listen, Learn & Lead

Annual member surveys and “going deep” inside member companies to best understand how the organization can deliver value aligns SEPA closely with its dues payers. Programs including: Solar Power International, The Solar Industry Member Advisory Council (SIMAC), The Utility Solar Conference forum for utilities, One Hour Monthly webinars & Fact Finding Missions attract strong participation and reinforce the Association’s solid value proposition.

Association CEO Nails Critical Member Engagement Question

With her strong staff team, board of directors and 900 members , SEPA Chief Executive Julia Hamm knows the one critical question. More importantly, the strong performance confirms she also knows the answer.

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

Member Engagement question

3 Critical Member Engagement Questions

Member Engagement questions3 Critical Member Engagement Questions. While CEOs and senior managers define member engagement differently, they all agree it’s an important component of their future strategy. With ongoing Washington, DC gridlock and a low growth economy, Associations and Societies see member engagement as an opportunity to best connect members to their organizations.

Have You asked the 3 Critical Questions?

Peter Drucker notes “My greatest strength as a consultant is to be ignorant and ask a few questions.” When it comes to Member Engagement, knowing the right questions to ask is mission critical to accelerating participation and growing revenue:

  1. Has your Association surfaced linkages between its member engagement practices and its business model?
  2. Does your organization track contribution and collaboration behaviors that are predictive of even stronger levels of future engagement?
  3. From a member perspective, does your Association bring together constituencies creating new solutions; driving member value that shapes both industries and professions?

Answers to these three questions could provide key data that could better link organizations with their market place. However, knowing what the broader Association community is applying effectively would also be useful.

3 Critical Member Engagement Questions

member engagement questionsThe recent Federal Government shutdown is a reminder on how complex the Association marketplace is nowadays. Asking the right questions and having survey data will provide clarity as senior managers prepare and finalize their 2014 budget proposals.

 

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

 

Member Engagement: Call to Action

Member Engagement Member Engagement: Call to Action. Three organizations, Potomac Core Consulting, Vertical Leap Consulting and icimo are joining forces to conduct a Member Engagement Strategies Survey. Unlike any other to date, the survey focuses on Member Engagement as a game-changing growth strategy. The primary objective of the survey is to identify innovations and leading-edge practices in member engagement.

Define Future Member Engagement Levels

Potomac Core President & CEO Daniel A. Varroney notes “we’ll surface linkages between member engagement practices and an association’s business model.” Vertical Leap President  Steve Lane adds “we’ll also discover examples where associations are tracking contribution and collaboration behaviors that are predictive of even stronger levels of future engagement.”

Member Engagement: Call to Action

The online survey is being conducted during October and sent electronically to more than 5,000 Association and Society Executives around the United States.

Bryce Gartner, CEO of icimo notes: “The survey is built around core principles.  At the heart of these principles is the Association’s value premise.  Associations are positioned to bring together constituencies creating new solutions; driving member value that shapes both industries and professions.”

Potomac Core – Association Consulting, www.potomaccore.com, is a Washington, DC area custom focused one stop shop delivering highest quality growth strategies and solutions to U.S., National, and International Associations and Professional Societies. We help your Association surface actionable, market-based data. Then we create discussions about your member’s business outcomes to align your Association with their business outcomes.

Vertical Leap Consulting, www.verticalleapconsutling.com, is all about growth and positioning strategies for associations and healthcare organizations. Founded in 2002, we are headquartered in the Montgomery County, Maryland suburbs of Washington D.C.  We assist executives and boards who face tough challenges and compelling reasons to enhance their organization’s impact.

icimo, www.icimo.com, headquartered in the North Carolina Triangle Area offers software and services that gets any size organization using their data quickly.  Our tools combined with training and best practices give clients a jump-start to being data driven, transforming “big data” from buzzword into successful real world strategies for driving results by turning insights into action.  

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

Member Engagement Drives Revenue

member engagementMember Engagement Drives Revenue. Associations continue to leverage Member Engagement as part of a long term strategy that secures and grows their revenue base. In order to add heft to their efforts, some CEOs utilize data driven strategies to guide investment of budget resources and staff time. At NIRI, the National Investor Relations Institute for instance, Jeff Morgan, President & CEO consistently aligns his organization with its members and their marketplace through monthly surveys and strategic plan updates.

Business Intelligence

NIRI www.niri.org is the professional association of corporate officers and investor relations consultants who are responsible for communication among corporate management, shareholders, securities analysts and other financial community constituents. Its 3,300 members represent some 1,600 publicly held companies with $9 trillion in stock market capitalization.

“In a big data and fast moving world, NIRI keeps pace with our membership by staying connected” says CEO Jeff Morgan.

Monthly Pain Point Survey

Associations and Professional Organizations who successfully engage their members show their connection to core member business needs. NIRI engages their members with a monthly survey instrument in order to drive engagement. While industry standards are not as robust, the organization achieves a consistent 20% response rate.

The most recent survey inquired about resources and tools available to assist public companies in shareholder identification as well as suggestions for improving the current system. The survey summary will be utilized by the NIRI Board of Directors in its September meeting with the SEC staff on improving shareholder engagement.

Member Engagement Drives Revenue

NIRI’s engagement focus accelerated member renewals and continue to help grow membership internationally. The organization has also replenished its reserves in the aftermath of the great recession.

Jeff Morgan knows the dynamic global economy will “consistently challenge his members.” He indicates that their data driven market focus will keep the organization “aligned with its member’s business needs.”

For a free copy of the “Accelerating Strategic Member Engagement” eBook, request your copy at www.potomaccore.com.

member engagement