From Consulting to Planning
Association Management Experts
Business Coaching
All associations are unique and have their specific needs. Because of this, the activities needed to manage an industry association will be different for each association. Our job is to work with, and listen to, the client to gain an understanding of their mandate in order to design a detailed plan to achieve the goals and objectives, and then to manage and execute that plan, modifying as conditions change. An important element in our approach to association management is continuous and frequent communication with the members and Board of Directors.
Why Work With Us?
Canadian Industrial Transportation Association Case Study
Background
In 2003, HPB was retained to manage the Canadian Industrial Transportation Association, an industry association that has been in existence since 1916.
The Challenge
Despite due diligence, once assuming the management, HPB found that the association’s finances were in crisis. There were significant outstanding invoices and virtually no cash resources. The Board of Directors was unaware of the depth of the problem.
The Solution
Working with the Board of Directors on an intense basis for several months, HPB was able to stabilize the finances, obtain funds through a voluntary special assessment to members, pay down outstanding invoices, revise the fee structure upwards without significant member attrition, and retire all long-term debts within a two and one half year period. This placed the association on a stable footing to grow the membership base and to improve both member services and advocacy.