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Overcoming the association value gap: part I

Principled Innovation

According to the most recent edition of ASAE’s Operating Ratio Report ( ORR ), membership dues account for an average of 38 percent of total revenue for all associations. No other single revenue category comes close to reaching that number. Keeping dues flat makes for a goodwill gesture to members who are tight on money.

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Be the Voice of Relevance—Make Mission, Vision, and Values Fit the Moment

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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 round out why and when, with how.

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Association Brain Food: 2.24.23

Reid All About it

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.