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In addition, as Joe makes clear in the quote above, without the ability to grow the dominant revenue stream through changes in pricing, associations are typically left with only two options: increase membership numbers substantially or reduce costs significantly, both of which are usually much easier said than done.
People talked about engagement being the core of the associationvalue proposition. I might have missed something, but nearly all the talk about engagement I hear was about scoring, tracking, and rewarding what the associationvalues. We value committee service, so we give it a high score. So what's the problem?
People talked about engagement being the core of the associationvalue proposition. I might have missed something, but nearly all the talk about engagement I hear was about scoring, tracking, and rewarding what the associationvalues. We value committee service, so we give it a high score. Spot it yet?
One of the best ways to engage members early is by ensuring they have contact with your Association’sValue Trigger Point. How do you identify your Association’sValue Trigger Point? Many times staff don’t know if their association has an AssociationValue Trigger Point (AVTP) or what it might be.
Innovation is a difficult strategy for any organization past the startup phase to adopt, and associations are no exception. When association executives talk about innovation, we talk about the possibility and how much more we can help members. We want to innovate, but we may be afraid to get started.
Associations face an increasingly competitive market for members, attendees, and education. Time was, the associationvalue proposition was pretty simple: “We’re the only ones who care about you.” A recent McKinsey & Company article stresses the importance of finding an answer.
While I was writing the Most Impactful Article post published earlier this week, I got to thinking about how one big idea emerges from the research data every year. An idea so big, I wish I could personally tell everyone in our association community. An idea so big, I wish I could personally tell everyone in our association community.
If you work for an association that is defined by what it provides: articles, research, the conference; the association may be too heavily focused on optimization. Optimization must be balanced by innovation. Innovation is solving a new key problem that our members are deeply challenged with.
Tech innovations such as blogging and social media platforms allow associations to host low-cost, two-way communication forums. Communication channels such as blogs or social media accounts must have a “champion” monitoring and moderating them to remain a sustainable go-to source of industry and association information.
What would I think of this article if I were a member? After a blow up we think, in retrospect, we should have thought about it more carefully, we should have had more checks and balances, we should have known this would be incorrectly perceived. So how do we keep it from happening again? How might this letter be interpreted by a member?
And then a lot of times what’s highlighted is that associations are risk averse, and they’re unwieldy. And it’s very difficult to maneuver and innovate the way that we want to. I’ll only crack it open and read a couple of articles. I don’t read it front to back, I still get value out of it. And only crack it open.
Fortunately, I found it on another website in an article by the recipe’s creator. Learn how to reimagine your community’s experience through passionate people and their different personas, technology that enables your association, and processes that embrace innovation. Our topic this month is association finance innovation.
On the other hand, if innovation presents exciting new opportunities, that is another compelling reason to expand your purpose to meet the moment. A 2019 Harvard Business Review article highlighted 20 well-known companies that have transformed their mission and purpose over the last decade. Values create community.
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