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True Benefits of Professional Trade Associations - Part 1

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This entry was posted on 7/7/2007 6:54 AM and is filed under Human Resource.

Employers may often question the tangible benefits of their employees joining professional trade associations. Both corporate and nonprofit executives need demonstrated proof that their outlay of time and money has a guaranteed return on their investment. The best argument for such prudence is to review their budget line item for training and re-classify such memberships as leadership development.

By joining a work related trade organization, individuals who take full advantage, can be treated to educational opportunities, networking support and even national recognition through their personal and professional growth. It could be considered mentoring or a comprehensive series of best practice exchanges which keep industry members on the cutting edge and aware of trends that are adopted because they make the most economic sense.

Should a person be so inclined as to become active on an affiliated association board of directors, in many cases, they can reap the benefits of their own Leadership and Management Development Program. With the impetus of changes in nonprofit tax laws, and the significant importance of financial transparency, most boards are engaging in significant training and re-evaluation of their own reporting strategies not only to the IRS, but to their membership and significant donors.

Many boards are now turning to the practice of creating an "IBP," an individual board member plan. An assessment is conducted for each new board member that determines their knowledge of the responsibilities of working on a board. A subsequent educational plan is developed for them to achieve during their expected tenure and a report card is issued annually towards their progress.

When an employer enlists an endeavor of this nature, it is one of the highest regarded demonstrations of commitment as to how they regard and value their employees. It is an acknowledgement of their support to the employee’s individual success – an "endorsement" of their significance within their company.

Through conversations with leadership experts as well members of the represented industry, enhanced shared learning sessions, peer support and evocative collaborations are encouraged. The investment of said dollars is leveraged significantly, promoting systemic change of the particular industry.

                                                                                                                                                             More in Part II

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