Associations Now
AUGUST 13, 2023
A report on some new leadership research out of the Stanford Graduate School of Business ends on a sobering note. The implication is that the culture needs improvement, and O’Reilly points to some notable examples of companies that have had dysfunctional, narcissistic leadership, like Theranos and Uber.
Velvet Chainsaw
FEBRUARY 27, 2023
Travel costs are rising due to strong demand (led by the leisure sector). Some of these expense increases are due to labor issues, supply chain and pressure to restore revenue by venue owners and cities to at least pre-pandemic levels. As the cost of jet fuel and gasoline increases those costs are borne by the meeting organizer.
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Velvet Chainsaw
MARCH 15, 2021
While asking for what you and your team need to be successful may be unfamiliar to high-achieving event pros, no team can succeed without informed leadership support. Will associations embrace asynchronous events to help manage the revenue, spend and work load? The post The High Cost of Hybrid appeared first on Velvet Chainsaw.
NXUnite
MARCH 19, 2024
Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail.
Reid All About it
MARCH 24, 2023
WBT Systems describes how associations can support women professionals by providing professional development, leadership training and networking opportunities, and educating employers about eliminating workplace challenges. Non-dues revenue. PAR explains why a business development strategy is vital to association revenue health.
Association Analytics
APRIL 4, 2022
But don’t forget there could be value in creating goodwill and thought leadership with free services that you can’t always measure. Tip #3: Find new revenue opportunities. You can still generate revenue but the audience doesn’t pay to attend. Don’t forget to look at costs. Consider the increased workload.
Velvet Chainsaw
MARCH 15, 2023
Unless you plan events for a booming industry, your reality working for professional and trade associations is that revenue from your 2022 and 2023 meetings is 15 percent (or more) lower than 2019. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses.
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