MAAWG’s next member meeting will be February 21 – 24 in Orlando, FL. Keynote speakers for this meeting will include Rob McKenna, incoming president of the National Association of Attorneys General (NAAG), and David Vladeck, head of the U.S. consumer protection bureau. The focus on the February meeting is the protection of consumers in an evolving cyber future. Click here for more information about MAAWG and the upcoming meeting.
STA Announces 2011 Board of Directors
The SCSI Trade Association elected the 2011 board of directors from their membership at their annual meeting earlier this month. Re-elected to the position as president was Harry Mason of LSI Corp., who will serve as STA president. Also re-elected was Martin Czekalski of Seagate Technology, who will serve as vice president. Two new members, Alan Yoder of NetApp and Dan Reno of Western Digital, joined the Board. All other Board members served last year.
“In 2010, STA introduced our MultiLink SAStm initiative, which we will continue to develop and promote throughout 2011,” said Harry Mason, president of STA. “In addition, STA held the eleventh industry SAS plugfest, which included the first coordinated Mini-SAS active cable testing program. STA has numerous 2011 initiatives focused on advancing every level of tiered storage, including low-latency storage device like SSDs. Industry education through various outlets, including storage conferences, trade shows, electronic journals, and other publications, will continue to be a focus for the organization.
Click here for more information about the 2011 board and 2011 initiatives for STA.
CONCLUSION: Based on a comparative analysis of two parallel operating ratio studies of AMC-managed and standalone organizations, AMC-managed organizations reap considerable qualitative and quantitative advantages for membership-based organizations up to $5M in annual revenue. These results are likely valid for organizations above $5M in annual revenue, however, there was not a sufficient number of organizations above $5M in the study of AMC-managed organizations to draw any conclusions about those organizations.
IMPLICATION: Standalone organizations up to $5M in annual operating revenue should answer one question: “Are we receiving the return on our management model investment, given that on average, we may be spending 50% more for the resources to manage our organization than if we were managed by an AMC?”
Based on results of recent study, it appears they are!
OVERVIEW: The current economic climate is having an impact on associations, just as it is on virtually all business sectors. This paper reports on a recent study showing that until 2007, about 30% of all organizations up to $5M in annual revenue operated at a loss. But, organizations that employ their own staff, lease their own office space and incur their own capital expenses (aka: standalone) were nearly twice as likely to have ended 2008 with deficits than AMC-managed organizations. More than 50% of standalone organizations with up to $5M in annual operating revenue operated at a loss that year! The reduction for AMC-managed organizations between 2007 and 2008 was a nominal 7% — two-thirds of AMC-managed organizations reported a surplus in 2008! Therefore, the answer to the question posed in the title would seem to be a resounding “yes.”
IMPLICATION: Standalone organizations up to $5M in annual operating revenue should answer one question: “Are we receiving a return on investment in our management model, given that on average we may be spending 50% more for that management approach than if we were managed by an AMC — especially given the performance benefits produced by AMCs?”
by: Amar Bhidé
Princeton University Press
Reviewed by: Michael LoBue
While the major theme of this book is about national policy issues- relating how to best to stimulate innovation to drive productivity- it contains equally valuable lessons for executives and managers relating to concerns of the firm.
Professor Bhidé bases his analysis on an extremely robust 3-level model of innovation. This model deserves more attention as it clearly expands the dimensions of innovation beyond the typical models, which focus attention, resources and research only on basic R&D where the number of patents filed is the primary metric of measurement.
If there’s one book on innovation to read — this is the one!
by: Karen Sobel-Lojeski
by: Jeffrey Pfeffer & Robert I. Sutton
Harvard Business School Press
Reviewed by: Michael LoBue
What a treat to have two well-respected business school scholars and faculty members expose the hypocriscy that most folks working in business today have known for years. One of my favorite exposés is how the Harvard Business Review’s editorial policies prohibit citations, therefore leaving the distinct impression that most (everything?) published in the magazine is a new and breakthrough idea. The authors point out several specific instances where previous HBR arcticles could not even be referenced to demonstrate that the ideas were not even new to the publication. (And we wonder why these venerable institutions produce unethical business leaders!)
Perhaps the most significant take-away from this important read is that there’s no substitute for creating data-driven organizations, especially since we’re now swimming in data thanks to the Internet. We think this is a must-read for association managers.