What Association Board Members Need to Know about AMCs
An association management company may offer your association the best method for ongoing operations and management as well as long-term growth. How do you know if an AMC is right for you? Consider these scenarios:
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Your operational costs continue to escalate.
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Employment issues, including staff compensation and turnover, are draining valuable time and energy from association leadership.
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You’re dissatisfied with current levels of staff performance and/or productivity.
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Emerging industry changes are creating new demands for your organization.
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You don’t have the bandwidth (time, staffing or resources) to achieve your long-term objectives.
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Your membership is either growing or contracting markedly.
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You’re planning a major organizational change, such as becoming international.
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Your Board spends too much time on operational issues and not enough on strategy.
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A long-time Executive Director is retiring.
Any of these situations may indicate that the time is right to examine whether an AMC is right for your association.