New SmithBucklin Report Identifies Best Practices to Help Associations Navigate Current Economic Crisis and Position for Growth
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CHICAGO--(Business Wire)-- SmithBucklin, the world`s largest association management and professional services company, today announced the availability of a special report to help associations emerge from the current economic recession positioned for future growth. Available for free download at www.smithbucklin.com/smithbucklinreport, Acknowledging and Overcoming Strains Resulting from the Economic Crisis offers observations, insights and best practices from SmithBucklin`s year-long work with client associations. According to SmithBucklin Chairman and CEO Henry S. Givray, many organizations have had to adjust operations and implement new strategies to navigate these uncertain times. "To ensure that organizations emerge from this period of time revitalized and positioned for growth, governing boards and staff members should now examine their own unique sources of strain and put into action best practices to help resolve those areas of concern," Givray said. "Association members and constituents will benefit from this type of proactive, effective leadership. It can mean the difference between organizational success and critical failure." The Report reveals that the overarching characteristic separating organizations that are on a positive course from those at risk is the extent that governing boards are willing to confront and resolve these common areas of strain: 1."Not What They Signed Up For" - This sentiment prevails more often than is openly discussed as challenges and stress in the workplace or at home are now being compounded by the difficulties and time-consuming demands of the association. 2.Financial Oversight - Nearly all associations are experiencing financial strain, particularly in organizations whose governing boards did not maintain and demand sharp financial attention during more prosperous times. 3.Sun-setting Long-Standing Programs or Products -While the work of critically reviewing a portfolio is intended to identify where resources should be spent and, conversely, where they can be saved, it is not always easy because emotions and personal biases frequently creep into the process. 4.Adjusting Governance Models and Unnecessary Trappings -Dysfunctional elements of governance models that may go undetected during good economic times can have negative consequences during an economic recession. 5."Them vs. Us" - Strain Between Board and Paid Staff -A breakdown in collegiality can lead to lower productivity among staff teams, wasted time on work that is viewed as suspicious or discredited by the board, and short tempers and overblown reactions to issues. Initially released exclusively to volunteer leaders through an interactive Web site hosted by SmithBucklin, the Report received hundreds of page-views, garnered highly supportive commentary and was affirmed as insightful and instructive through multiple online polling tools. "We see tremendous value in communicating major themes that we observe to stakeholders in the association world. As leaders, we are obligated to react to such themes, including sharing best practice actions and behaviors," said SmithBucklin Vice President David Schmahl, principal author of the Report. "Based on the enthusiastic response of volunteer leaders and the stated desire for more channels to engage in peer-to-peer dialogue and debate, we intend to continue to serve the association community with additional research in this area going forward." The SmithBucklin Report:Acknowledging and Overcoming Strains Resulting from the Economic Crisis is available to all members of the association community free of charge. The report can be found at www.smithbucklin.com/smithbucklinreport. About SmithBucklin SmithBucklin is the world`s largest association management and professional services company. Founded in 1949, the company provides full-service management and outsourcing services to trade associations, professional societies, technology user groups, corporations, government institutes/agencies and other nonprofit organizations. SmithBucklin`s mission is to drive growth for its client organizations and provide uncompromised stewardship for their long-term prosperity. SmithBucklin offices are located in Chicago, Washington, D.C., St. Louis and St. Paul, Minn. and the SmithBucklin + MCI Worldwide Partnership provides client organizations with seamless association and event management services from more than 40 offices throughout the world. The company is 100 percent employee owned. For more information, please visit www.smithbucklin.com or call 1-800-539-9740. Tiffany Graves SmithBucklin Corporation 312/673-5740 tgraves@smithbucklin.com Copyright Business Wire 2009
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