aenc road to relevance

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Road to Relevance: 5 Strategies for Competitive Associations Presented by Mary Byers, CAE

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AENC Road to Relevance 2014 Annual Meeting Mary Byers, CAE

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Page 1: AENC Road to Relevance

Road to Relevance: 5 Strategies for Competitive Associations

Presented by Mary Byers, CAE

Page 2: AENC Road to Relevance

Time famine

Challenges:

Page 3: AENC Road to Relevance

Time famineReturn on Investment

Challenges:

Page 4: AENC Road to Relevance

Time famineReturn on InvestmentSpecialization/consolidation

Challenges:

Page 5: AENC Road to Relevance

Time famineReturn on InvestmentSpecialization/consolidationGenerational differences

Challenges:

Page 6: AENC Road to Relevance

Time famineReturn on InvestmentSpecialization/consolidationGenerational differencesTechnology

Challenges:

Page 7: AENC Road to Relevance

Time famineReturn on InvestmentSpecialization/consolidationGenerational differencesTechnologyFor-profit competition

Challenges:

Page 8: AENC Road to Relevance

New Normal

Page 9: AENC Road to Relevance

IncreasedCompetition

Page 10: AENC Road to Relevance

AssociationMedia companies

Association members

Buying groupsInternet

Social media

vs.

Association

Page 11: AENC Road to Relevance

AssociationMedia companies

Association members

Buying groupsInternet

Social media

vs.

Association

Page 12: AENC Road to Relevance

AssociationMedia companies

Association members

Buying groupsInternet

Social media

vs.

Association

Page 13: AENC Road to Relevance

AssociationMedia companies

Association members

Buying groupsInternet

Social media

vs.

Association

Page 14: AENC Road to Relevance

AssociationMedia companies

Association members

Buying groupsInternet

Social media

vs.

Association

Page 15: AENC Road to Relevance

AssociationMedia companies

Association members

Buying groupsInternet

Social media

vs.

Association

Page 16: AENC Road to Relevance

Over 1 Billion!

Page 17: AENC Road to Relevance

175 Million!

Page 18: AENC Road to Relevance

Build on Strengths

Page 19: AENC Road to Relevance

Can’t compete effectively from a position of weakness

Add member value

Do more with less

Why?

Page 20: AENC Road to Relevance

AssetsResourcesCapabilitiesIntangibles

Strengths

Page 21: AENC Road to Relevance

EducationStandard settingCertificationData mining

Optimum Strength…matched with opportunities

Page 22: AENC Road to Relevance

Concentrate Resources

Page 23: AENC Road to Relevance
Page 24: AENC Road to Relevance

How many businesses can

you be in?

Page 25: AENC Road to Relevance

“Wherever we find a business that is outstandingly successful,

we will find that it has thought through the concentration

alternatives,

and has made a concentration decision.”

Peter Drucker, Management: Tasks, Responsibilities, Practices

Page 26: AENC Road to Relevance

Strategic Planning!

Page 27: AENC Road to Relevance

Strategic Planning!

Technology Concentration8%

Page 28: AENC Road to Relevance

Fit

Page 29: AENC Road to Relevance

“Great strategies are like complex systems in which all of the parts fit together seamlessly. Each thing you’ve chosen to do amplifies the value of other things you do…”That’s how ‘fit’ improves the

bottom line.It also enhances

sustainability.Joan MagrettaInstitute for Strategy and Competitiveness

Page 30: AENC Road to Relevance
Page 31: AENC Road to Relevance

Short FlightsNo MealsOne Type of Aircraft

Page 32: AENC Road to Relevance

Leadership Development

HealthcareBusinesswomen’s

Association

Page 33: AENC Road to Relevance

LeanProcesses

Page 34: AENC Road to Relevance

Complacent

Lack of cost reduction

Value stream mapping

Page 35: AENC Road to Relevance

Redundancies & Duplication

Page 36: AENC Road to Relevance

Abandonment

Page 37: AENC Road to Relevance

NO!

“The art of leadership is saying no, not yes…

It is very easy to say yes!”

Page 38: AENC Road to Relevance

Steve Jobs eliminatedof the

product line70%

Page 39: AENC Road to Relevance

Fueled turn-around from $1.04 billion loss

in 1997 to $309 million profit in 1998!

Page 40: AENC Road to Relevance

Aston MartinVolvoJaguarLand Rover

Page 41: AENC Road to Relevance

SaabPontiacOldsmobileHummer

Page 42: AENC Road to Relevance

SuccessfulAssociations

Page 43: AENC Road to Relevance

More DisciplinedMore Entrepreneurial

Business-likeTechnology Driven

Page 44: AENC Road to Relevance

If you always do what you’ve always done…

Page 45: AENC Road to Relevance

If you always do what you’ve always done…you’ll always

get what you’ve always gotten!

Page 46: AENC Road to Relevance