Time to transition? The advantages of partnering with an AMC
There comes a time in the life of just about every stand-alone association when its leadership questions the efficiency and expectations of its structure and staff. Does it have the funds to deliver on its mission and vision? Are the volunteer leaders getting buried in day-to-day operations? Does the current staff have the talent and experience to take the association to the next level?
Inevitably, as options are considered, the idea of partnering with an association management company (AMC) is introduced. For many associations, especially those that have been run by volunteers or with minimal staff from the get-go, the idea of hiring an AMC and sharing the reigns can sound pretty radical, and even frightening.
However, the promise of working with highly experienced association management professionals makes the decision to partner with an AMC a prudent one, especially for associations looking for efficiency and growth.
What is an AMC?
- An AMC is a business owned and operated by experienced association executives.
- AMC staff are professionals who know how to work with volunteers and are very familiar with the challenges of association management.
- Because AMCs work for more than one association, they are in a position to offer more talent than the association could afford on its own.
- AMCs provide organizations economies of scale through shared office space, equipment and staffing.
- Staff are experts in niche areas (meeting planning, governance, membership marketing, etc.)
- AMCs partner with organizations of any size, but most typically with not-for-profit associations or foundations.
- The AMC serves as your organization’s headquarters.
- Associations are the clients. They pay a fee to the AMC for the specific skills they need and the work required.
- The AMC deals with all staff and administrative “overhead,” including office space, equipment, human resources and technology.
- Finally, partnering with an AMC enables association leaders to stop managing the association and instead focus entirely on leading the association and the membership.
At AMPED, we make the transition easy for association staff and leaders. We believe in the AMC model and are fully committed to developing successful partnerships through trust, open communication and mutual respect. Our success is your success!
Here's a study by LoBue & Majdalany Management Group that concludes "AMC-managed organizations reap considerable qualitative and quantitative advantages."