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CEO
 Roundtable
January 20, 2012




   Wendy Scott, CAE
          Facilitator
Wendy Scott & Associates, Inc.
Goals for this morning’s Roundtable:


Share your vast experience and knowledge…

        Think like entrepreneurs…

             Ask this question:
 “What change can I initiate immediately to
better convey my association’s value, move
  my association forward and sustain it?”


                                  Wendy Scott & Associates, Inc.
What is “Value”?
 • Worth in usefulness or
   importance to the possessor

 • A fair return or equivalent in
   goods

 • Something intrinsically desirable


                            Wendy Scott & Associates, Inc.
ASAE’s Decision to Join Research Project

1. Perception of Value –   5. The Retention Challenge
   Role of Engagement
                           6. Referral Influence
2. Retention – Long Term
   Members                 7. Generational Influences

3. Ad-Hoc Volunteers       8. Segmentation

4. Boards of Directors


“If former members are thought of as being dead,
       the uninvolved are close to comatose.”


                                         Wendy Scott & Associates, Inc.
Who defines value in your
       association?
“It’s not about what we’re selling;
  it’s about what they’re buying!”

          Sharing Exercise:
 How do you identify or define value
        in your association?

                              Wendy Scott & Associates, Inc.
How to Differentiate Your Association’s Value

 Identify core competencies
 Study your customers (members)
 Turn core competencies into values (and
  prioritize)
 Study the competition
 Examine trends in your profession/industry

                     Define your vision
                     Build the “value chain”
                      internally
                     Articulate your value
                     Test your value
                     Convey your value
                                     Wendy Scott & Associates, Inc.
Crafting the Association’s Value Proposition
Internal Analysis
• How do you create value?
• What are your core competencies?
• What are your capabilities?
• Why should current or prospective members accept your
  value promise?

External Analysis
• How do members measure the value you provide?
• How does your value compare to competitors?
• Does your proposed value meet member needs?
• How can you increase the value you’re offering over time?



                                            Wendy Scott & Associates, Inc.
The Value Proposition Process for Associations

Establish a unique position.

Be relevant to target market segment (gain interest, address a real
problem, fulfill an emotional need or want, and/or deliver a
looked-for experience).

Be credible / believable.
Have clarity (to all relevant people and targeted customers).

Communicate advantages (versus alternatives and competitors)
which are meaningful, not irrelevant differences.

Differentiate from alternatives (again, in meaningful way)
Not be “me too” positioning or generic.

Communicate benefits, rather than features or functions.


                                                     Wendy Scott & Associates, Inc.
______________________________________________




                                          Wendy Scott & Associates, Inc.
Wendy Scott & Associates, Inc.
Challenge:

 If you had just 10 words to describe
why individuals/companies should be
     a member of your association
          instead of another,
     what would you communicate?



                             Wendy Scott & Associates, Inc.
Value Scenarios
       Best Case               Neutral Case             Worst Case

 You provide a one-of- Your “product/service” Your prospects see little
          a-kind          is somewhat different difference between you
 “product/service” that   from, and better than,  and your competitors,
your market needs and          those of your       so you’re competing
          wants.           competitors, and you       solely on price.
You have a strong value     communicate that      You have to fight long
     proposition that       difference, though      and hard for every
 differentiates you from      probably not as       member. It’s very
    your competitors;       consistently as you   difficult to meet your
   you communicate it             should.         membership revenue
      consistently in    Your prospects partially          goals.
        everything        buy into the value you
         you do.          provide, but you don’t
Your member prospects win all of them that you
respond because you’re             could.
   completely meeting
       their needs.




                                                        Wendy Scott & Associates, Inc.
Pitfalls to Conveying Value in Associations


• Association has not identified a value proposition

• Association does not clearly express its value
  proposition

• Association is not testing or measuring its value
  proposition




                                         Wendy Scott & Associates, Inc.
Conveying your Value!


  Include value propositions through every
  opportunity or touch point:
  Newsletter articles, conference calls,
  association events, emails, customer service
  calls, product shipments, member welcome
  kits, website…???
4. Measure and Assess

                                Wendy Scott & Associates, Inc.
"Fix the trust thing. Everything
 else, the vision, values, shared
     sense of purpose, and
purposeful change will all follow,
  simply because people want
             them to.”
              Association Leader


                            Wendy Scott & Associates, Inc.
Email info@wendyscottassociates.com
          Tel. 919.412.2121

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CEO Roundtable Focuses on Conveying Association Value

  • 1. CEO Roundtable January 20, 2012 Wendy Scott, CAE Facilitator Wendy Scott & Associates, Inc.
  • 2. Goals for this morning’s Roundtable: Share your vast experience and knowledge… Think like entrepreneurs… Ask this question: “What change can I initiate immediately to better convey my association’s value, move my association forward and sustain it?” Wendy Scott & Associates, Inc.
  • 3. What is “Value”? • Worth in usefulness or importance to the possessor • A fair return or equivalent in goods • Something intrinsically desirable Wendy Scott & Associates, Inc.
  • 4. ASAE’s Decision to Join Research Project 1. Perception of Value – 5. The Retention Challenge Role of Engagement 6. Referral Influence 2. Retention – Long Term Members 7. Generational Influences 3. Ad-Hoc Volunteers 8. Segmentation 4. Boards of Directors “If former members are thought of as being dead, the uninvolved are close to comatose.” Wendy Scott & Associates, Inc.
  • 5. Who defines value in your association? “It’s not about what we’re selling; it’s about what they’re buying!” Sharing Exercise: How do you identify or define value in your association? Wendy Scott & Associates, Inc.
  • 6. How to Differentiate Your Association’s Value  Identify core competencies  Study your customers (members)  Turn core competencies into values (and prioritize)  Study the competition  Examine trends in your profession/industry  Define your vision  Build the “value chain” internally  Articulate your value  Test your value  Convey your value Wendy Scott & Associates, Inc.
  • 7. Crafting the Association’s Value Proposition Internal Analysis • How do you create value? • What are your core competencies? • What are your capabilities? • Why should current or prospective members accept your value promise? External Analysis • How do members measure the value you provide? • How does your value compare to competitors? • Does your proposed value meet member needs? • How can you increase the value you’re offering over time? Wendy Scott & Associates, Inc.
  • 8. The Value Proposition Process for Associations Establish a unique position. Be relevant to target market segment (gain interest, address a real problem, fulfill an emotional need or want, and/or deliver a looked-for experience). Be credible / believable. Have clarity (to all relevant people and targeted customers). Communicate advantages (versus alternatives and competitors) which are meaningful, not irrelevant differences. Differentiate from alternatives (again, in meaningful way) Not be “me too” positioning or generic. Communicate benefits, rather than features or functions. Wendy Scott & Associates, Inc.
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  • 11. Challenge: If you had just 10 words to describe why individuals/companies should be a member of your association instead of another, what would you communicate? Wendy Scott & Associates, Inc.
  • 12. Value Scenarios Best Case Neutral Case Worst Case You provide a one-of- Your “product/service” Your prospects see little a-kind is somewhat different difference between you “product/service” that from, and better than, and your competitors, your market needs and those of your so you’re competing wants. competitors, and you solely on price. You have a strong value communicate that You have to fight long proposition that difference, though and hard for every differentiates you from probably not as member. It’s very your competitors; consistently as you difficult to meet your you communicate it should. membership revenue consistently in Your prospects partially goals. everything buy into the value you you do. provide, but you don’t Your member prospects win all of them that you respond because you’re could. completely meeting their needs. Wendy Scott & Associates, Inc.
  • 13. Pitfalls to Conveying Value in Associations • Association has not identified a value proposition • Association does not clearly express its value proposition • Association is not testing or measuring its value proposition Wendy Scott & Associates, Inc.
  • 14. Conveying your Value! Include value propositions through every opportunity or touch point: Newsletter articles, conference calls, association events, emails, customer service calls, product shipments, member welcome kits, website…??? 4. Measure and Assess Wendy Scott & Associates, Inc.
  • 15. "Fix the trust thing. Everything else, the vision, values, shared sense of purpose, and purposeful change will all follow, simply because people want them to.” Association Leader Wendy Scott & Associates, Inc.