Centers for Professionalism and Service
An association management company is a firm of skilled
professionals whose goal is to provide management expertise and
specialized administrative services to trade associations and
professional societies in an efficient, cost-effective manner.
Based on the concept of shared resources, an Association Management
Company (AMC) provides volunteer organizations with the expertise they
need when they need it. The AMC typically assigns executives and
administrators to conduct the association's day-to-day operations.
Specialists are drawn from the pool of personnel resources and are
assigned on an as-needed basis to special projects. For example, a
publications editor coordinates a monthly newsletter or annual report;
an exhibits manager oversees the annual meeting and trade show; a
research team is created to assist with special projects; or
additional support staff is utilized to help with membership programs.
Each association pays only for the hours the staff specialists work on
the tasks and benefits from the professional expertise for a fraction
of what it would cost to hire full-time staff.
An association management company also provides a centralized
office that serves as the client association's headquarters. The
overhead costs for the professional offices are shared by many
associations and societies, increasing their resources and
capabilities without major capital investment.
|