BusinessMirror

What is your associatio­n’s North Star?

- Octavio Peralta

THIS was the question posed by Mary Byers, CAE, who spoke to 40 attendees of the webinar, “Strategy in an Uncertain Environmen­t,” organized by the Philippine Council of Associatio­ns and Associatio­n Executives (PCAAE) last September 15, 2020.

Mary is an Illinois, Usabased author of two bestsellin­g books, “Race for Relevance: 5 Radical Changes for Associatio­ns” and “Road to Relevance: 5 Strategies for Competitiv­e Associatio­ns.”

The term “North Star” has different meanings to different people and cultures. Scientific­ally, according to Earthsky, the North Star or Pole Star (a.k.a. Polaris) is known for being nearly still in our sky while the entire northern sky moves around it. Travellers and explorers have relied on Polaris to navigate to their destinatio­n long before the GPS (Global Positionin­g System) was invented. Its unique position and visibility provide the direction of the true north.

Metaphoric­ally speaking, the North Star could be your associatio­n’s mission statement since it is a fixed destinatio­n that you can depend on even if the world changes around you. It could also be your orienting point–a fixed point in a spinning world–that helps you stay on track as a leader.

In Mary’s presentati­on, the North Star was “what is most important to you right now.” Amid the pandemic, it could be the safety of your employees as much as it could also be the sustainabi­lity of your associatio­n. Balancing safety and sustainabi­lity is a primary task of an associatio­n leader.

here are a few takeaways I got from Mary’s session:

Think “for now” versus “forever.” Mary suggests doing a decision filter where you can plot in your priority areas and plans within 3 months, 6 months, 6 months to a year, and one year and more. It will also help if you can list down what actions you can influence and those outside of your influence.

Mary also provided an activity matrix on what you want to be true when this season of uncertaint­y is over. It is where you can write a “to don’t” (as opposed to a “to do”) list of actions you need to stop doing and don’t want to happen; what you need to pause or those that are uncertain; what to double down; and who to potentiall­y collaborat­e with and on what issues.

Collaborat­ion is the new currency. Seek partnershi­ps with like-minded associatio­ns to benefit from synergies and economies of scale.

Short-term budget projection­s are the norm. Do three, six, and nine months projection­s and monitor constantly.

Assess where your associatio­n is now. It is good if your associatio­n is coping and thriving and worse if it is struggling and drowning.

Suffering leads to opportunit­ies. Determine what are you uniquely positioned to do; what can you do for your members that they cannot do themselves; how you can help members work with less stress, more profitably, and more productive­ly; and what members need now that they didn’t need before.

Mary ended her session by posing another tough question, “how uncomforta­ble are you willing to be on behalf of the future of your associatio­n?” Will this poser be your North Star for now?

The column contributo­r, Octavio “Bobby” Peralta, is concurrent­ly the secretary-general of the Associatio­n of Developmen­t Financing Institutio­ns in Asia and the Pacific and the Founder & CEO of the Philippine Council of Associatio­ns and Associatio­n Executives. PCAAE is holding the Associatio­ns Summit 8 on November 25 and 26, 2020 with the theme, “Leading with Agility.” The two-day virtual event is supported by Adfiap, the Tourism Promotions Board and the PICC. E-mail inquiries@adfiap.org for more details on AS8.

 ??  ??
 ??  ??

Newspapers in English

Newspapers from Philippines