In this episode of IOM, we delve into the crucial topic of non-dues revenue for associations and chambers. We explore why reliance on membership dues alone is becoming increasingly unsustainable and discuss effective strategies for diversifying revenue streams while staying true to an organization's mission. Our guest expert, Avi Olitzky, President and Principal Consultant of Olitzky Consulting Group, shares his insightful perspective, drawing parallels between the challenges faced by houses of worship and similar organizations. We discuss:

The shift from obligation to benefit-based membership: Why members are leaving and how to address it.

The importance of aligning non-dues revenue with mission: Avoiding the "business of being in business" trap.

Strategic vs. tactical approaches to non-dues revenue: Focus on long-term vision, not just quick fixes.

Building a cross-functional discovery team: The power of diverse perspectives.

Balancing innovation and risk management: The "Three B's" of non-dues revenue: Bonus, Balance, and Basis.

Ethical considerations in non-dues revenue: Avoiding conflicts of interest and ensuring transparency.

Future trends in non-dues revenue: Including the emergence of incubation and equity sharing models.

This episode is essential listening for anyone involved in the leadership and management of associations, chambers, and similar organizations seeking to build sustainable financial models that reflect their core values.

If you like what you heard and want to get some more, subscribe to the podcast wherever you get them. Also, come to Institute and meet more chamber/association/ nonprofit professionals. You can find more information about Institute at our website: Institute for Organization Management – A Program of the U.S. Chamber of Commerce (uschamber.com)

If you have any questions, please email us at iom@uschamber.com.


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This week on the show, we're getting to know Judd Wilson, IOM, from the Community Development Foundation in Mississippi. Judd shares his unique journey from pharmaceutical sales to non-profit work, revealing the surprising path that led him to his current role. He discusses the challenges and rewards of his work, the importance of servant leadership, and how he brings his authentic self to the job. We also delve into his passion for music, his impressive bow tie collection (yes, really!), and his advice for young professionals. Hear an inspiring story of career change and a glimpse into the personality behind the bow tie!

If you like what you heard and want to get some more, subscribe to the podcast wherever you get them. Also, come to Institute and meet more chamber/association/ nonprofit professionals. You can find more information about Institute at our website: Institute for Organization Management – A Program of the U.S. Chamber of Commerce (uschamber.com)

If you have any questions, please email us at iom@uschamber.com.


Socials:
Facebook: Institute for Organization Management - Home | Facebook
Instagram: Institute for Organization Management (IOM) (@iomeducates) • Instagram photos and videos
LinkedIn: Institute for Organization Management | LinkedIn

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Time for some background knowledge. There is a lot that goes into making Institute well…Institute.

It can be like planning a conference and a small college all at the same time. However, we on the Institute team are not alone in our endeavor to educate in nonprofit management.

One of the most vital components to the whole system is an often unsung group of volunteers who help develop the curriculum being taught in the classroom. It is their job to stay apprised of industry shifts not only for the survival of their organization, but the continuation of Institute as well.

So, today we are going to do something a little bit different, and that is to air the first part in our #MyIOMJourney series. We have posted some these clips on our social media over the past couple of days, but here are the full interviews that my colleague Cici Francisco, IOM, CDP did with some members of the Institute Curriculum Committee. First up will be Christine Kennedy, IOM, CCE , then we will go to Allison Walden, IOM, CCE after that is Bob Rohrlack, IOM, CCE and we will finish up Zach Giglio

We will be doing more of these episodes with some of our other volunteers in the weeks and months to come. So, sit back, relax, and enjoy…or really do what ever you want. It’s your IOM journey. Im Nathan Graham, and This Is IOM.

If you like what you heard and want to get some more, subscribe to the podcast wherever you get them. Also, come to Institute and meet more chamber/association/ nonprofit professionals. You can find more information about Institute at our website: Institute for Organization Management – A Program of the U.S. Chamber of Commerce (uschamber.com)

If you have any questions, please email us at iom@uschamber.com.


Socials:
Facebook: Institute for Organization Management - Home | Facebook
Instagram: Institute for Organization Management (IOM) (@iomeducates) • Instagram photos and videos
LinkedIn: Institute for Organization Management | LinkedIn

Send us a text