Association management company
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An association management company, or AMC, provides management and specialized
Services may include executive, administrative and financial management; strategic planning; membership development; public affairs and lobbying; education and professional development; statistical research; meetings management; and marketing and communication services.[3] Orienting board members is common; AMCs lay out expectations for fiduciary oversight and point out conflicts of interest.[4]
Fernley & Fernley, Inc., based in Philadelphia and founded in 1886, was the first association management company in the United States.[5] More than 600 AMCs worldwide now collectively manage associations ranging in budget size from $50,000 to $16 million and representing more than 3 million members.[6] AMCs can be found in most major U.S. cities.[7]
The Alexandria, Va.-based AMC Institute accredits AMCs under the guidance of the American National Standards Institute.[8] Current employees of AMCs are eligible to apply to become a Certified Association Executive.[9]
Chicago-based SmithBucklin is the world's largest AMC,[10] although Geneva, Switzerland-based MCI Group, a professional conference organiser that offers AMC services, has more employees: 1,900 as of 2016.[11]
See also
- Professional Conference Organiser
- Outline of management
References
- ISBN 9781466554566.
- ^ "What is the AMC model? - AMC Institute (AMCI)". www.amcinstitute.org. Retrieved 2016-05-22.
- ^ "What is the AMC model? - AMC Institute (AMCI)". www.amcinstitute.org. Retrieved 2016-05-22.
- ISBN 9789380228587.
- ^ "About | Fernley and Fernley". www.fernley.com. Archived from the original on 2017-12-11. Retrieved 2017-12-26.
- ISBN 978-1-50432-525-7.
- ISBN 978-1118775394.
- ^ "Accreditation - AMC Institute (AMCI)". www.amcinstitute.org. Retrieved 2016-05-22.
- ISBN 978-0874256321.
- ^ "5 Questions for SmithBucklin President Matt Sanderson – PCMA Convene". www.pcmaconvene.org. May 2016. Retrieved 2016-05-30.
- ^ "About Us | MCI at a Glance". www.mci-group.com. Retrieved 2016-05-30.