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Association Management Company
An association management company, or AMC, provides management and specialized administrative services to non-profit trade associations and professional associations using a for-profit approach. Many AMCs serve as an organization's headquarters, managing day-to-day operations and becoming the public face of the organization. Services may include executive, administrative and financial management; strategic planning; membership development; public affairs and lobbying; education and professional development; statistical research; meetings management; and marketing and communication services. Orienting board members is common; AMCs lay out expectations for fiduciary oversight and point out conflicts of interest. Fernley & Fernley, Inc., based in Philadelphia and founded in 1886, was the first association management company in the United States. More than 600 AMCs worldwide now collectively manage associations ranging in budget size from $50,000 to $16 million and representing more t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Administration
Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management and leadership, it also covers fields that include office building administration, accounting, finance, designing, development, quality assurance, data analysis, sales, project management, information-technology management, research and development, and marketing. Overview The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals and objectives. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services. Administration can refer to the bureaucratic or operational performance of routine of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Associations
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence public policy in a dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Associations
A professional association (also called a professional body, professional organization, or professional society) usually seeks to further a particular profession, the interests of individuals and organisations engaged in that profession, and the public interest. In the United States, such an association is typically a nonprofit business league for tax purposes. Roles The roles of professional associations have been variously defined: "A group, of people in a learned occupation who are entrusted with maintaining control or oversight of the legitimate practice of the occupation;" also a body acting "to safeguard the public interest;" organizations which "represent the interest of the professional practitioners," and so "act to maintain their own privileged and powerful position as a controlling body." Professional associations are ill defined although often have commonality in purpose and activities. In the UK, the Science Council defines a professional body as "an organisation wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Management
Financial management is the business function concerned with profitability, expenses, cash and credit, so that the "organization may have the means to carry out its objective as satisfactorily as possible;" the latter often defined as maximizing the value of the firm for stockholders. Financial managersFinancial Managers (FM) are specialized professionals directly reporting to , often the |
Lobbying
In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agency, regulatory agencies. Lobbying, which usually involves direct, face-to-face contact, is done by many types of people, associations and organized groups, including individuals in the private sector, corporations, fellow legislators or government officials, or advocacy groups (interest groups). Lobbyists may be among a legislator's Electoral district, constituencies, meaning a Voting, voter or Voting bloc, bloc of voters within their electoral district; they may engage in lobbying as a business. Professional lobbyists are people whose business is trying to influence legislation, regulation, or other government decisions, actions, or policies on behalf of a group or individual who hires them. Individuals and nonprofit organizations can also lobby as an act of vo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Servic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AMC Institute
The AMC Institute (AMCI) is the global membership organization of the association management company, or AMC, industry. It was founded in 1963 and is headquartered in Alexandria, Virginia, U.S. Nearly 200 AMCs are members. These members employ 3,500 people and manage trade associations and professional societies that have more than 2.8 million members. As of 2016, AMCI provides accreditation for its members based upon the American National Standards Institute-approved standard. In 2007, to provide clearer direction to associations interested in being managed by AMCs, the institute and the American Society of Association Executives (ASAE) agreed to support the institute's AMC accreditation program. AMC Institute's members include the world's largest association management company, SmithBucklin, as well as the world's largest professional conference organiser, MCI Group. The total budget for associations managed by AMCI members is more than $1.5 billion. In 2023, the institute fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American National Standards Institute
The American National Standards Institute (ANSI ) is a private non-profit organization that oversees the development of voluntary consensus standards for products, services, processes, systems, and personnel in the United States. The organization also coordinates U.S. standards with international standards so that American products can be used worldwide. ANSI accredits standards that are developed by representatives of other standards organizations, government agencies, consumer groups, companies, and others. These standards ensure that the characteristics and performance of products are consistent, that people use the same definitions and terms, and that products are tested the same way. ANSI also accredits organizations that carry out product or personnel certification in accordance with requirements defined in international standards. The organization's headquarters are in Washington, D.C. ANSI's operations office is located in New York City. The ANSI annual operating b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SmithBucklin
Smithbucklin, based in Chicago, is an association management company, founded in 1949 with secondary offices in Washington, D.C.; Old Lyme, Connecticut; St. Louis, Missouri; and San Ramon, California. William E. Smith started the company with nine client organizations—headlined by the Popcorn, Seed Pea and Frozen Potato Products Institutes—and just 22 employees. On July 24, 2004, Smith died at age 90. During the Dot-com bubble of 1997–2001, some of Smithbucklin's client associations encountered "painful" financial cutbacks. On June 29, 2005, the company became employee-owned. In 2011, Smithbucklin contracted for at Chicago's former IBM Building, 330 N. Wabash Ave., under a 15-year lease that was set to begin in 2013. Acquisitions Acquisitions have fueled Smithbucklin's recent growth, including public relations firm Tech Image Ltd. (2007); medical education provider The France Foundation (2011); stakeholder-alliance firm Inventures Inc. (2013); ad-sales firm The Townsend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MCI Group
MCI Group, based in Geneva, Switzerland, is the world's largest professional conference organiser employing 1,800 people in 31 countries as of April 2016. The company also operates as an association management company, or AMC. MCI operates marketing-events firm Black Flower Agency; Don't Believe in Style, a cultural creative agency in southeast Asia; technical production firm Dorier; performance measurement services firm FairControl; public-affairs company Logos Public Affairs; destination management company Ovation DMC; and incentive-travel operator Hagen Invent. In 2015, the company acquired McLean, Va.-based Coulter Cos., an AMC, which has since been rebranded MCI USA. Roger Tondeur founded MCI in Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaki ... in 1987. In 2010, he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
