by Betsy Smith, CPA, MST | Jan 15, 2020 | Acumen Blog, Case Studies, Membership
The automotive sector was hit hard by the 2008 recession, with Americans and companies purchasing and leasing fewer cars. By comparison, there were 16 million new cars sold in 2005 but less than 10 million new cars in 2008. Corporate fleets were impacted with budgets...
by Sandy Koehler, CAE | May 15, 2019 | Acumen Blog, Leadership
Developing and maintaining a productive relationship between your board and Executive Director is beneficial to the overall health of the organization and, most importantly, it helps keep the focus on your organization’s core mission. Working With Your Executive...
by Sandy Koehler, CAE | Apr 10, 2019 | Acumen Blog, Leadership
The boards of all nonprofit organizations, including associations, must fulfill three essential legal duties: the duty of care (utilizing prudence when making decisions) the duty of loyalty (providing allegiance to the organization) the duty of obedience (ensuring...
by Sandy Koehler, CAE | Mar 8, 2019 | Acumen Blog, Leadership
An important component of board governance that all leaders should be familiar with is the concept of antitrust. Violating antitrust laws can result in damaging fines and even prosecution. The Sherman Antitrust Act reads: “Every contract, combination in the form of...
by Betsy Smith, CPA, MST | Feb 5, 2019 | Acumen Blog, Leadership
Associations tend to be all over the board on how they use data and what they measure. In fact, you can get in just as much trouble trying to cope with too much data as you can without having enough data. Over the years we’ve come to learn that most associations have...
