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STRATEGIC
PLAN |
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2004-2005 Goals:
- Certification
- Launch CMA review course
- Establish a “home” for the CMA
review course
- Locate and recruit qualified instructors
- Advertise utilizing Holmes Corporation
- Ensure the chapter at least recovers all
expenses related to establishing the CMA Review course
- Host a CMA/CFM recognition event
- Education
- Offer members the opportunity to earn at
least 30 CPE attending chapter events
- Expand seminar plans to include a minimum
of two seminars conducted and a third planned
- Lunch meetings during summer months
- Membership Objectives
- Lead the efforts of the chapter to improve
current membership retention, acquire new members, increase
attendance and participation in the chapter, and support education
and certification initiatives
- Work other groups on the chapter board to
support their initiatives to increase the value of IMA to
our chapter membership
- Support those initiatives that can optimize
our position for the chapter competition and compensation
programs from National
- Improve Communications
- New Member Orientation Program –
Develop Member Sponsor Program
- Formal Chapter Communications –
Articles in Formal Communications
- Conduct Follow-Up to Member Survey
- Improve Participation
- Incentives for Participation –
“Chapter Bucks”, No/Low Cost for Attending
Speaker Only
- Increase Membership
- Acquire New Members – Member Get a Member
Program, Student Chapter Development
- Member Services
- Attain the minimum requirements to earn the
“Outstanding” level of achievement
- Provide services of value to our members
that enhance the prestige of the IMA throughout the region
- Grow the presence of the chapter through
community service
- Academic
- Conduct a Case Competition locally.
- Partner with academics to promote IMA and
conduct CMA review course offerings.
- Funding
- Secure revenue sufficient to operate chapter
and provide a quality and valued service to members on a balanced
or surplus budget
- Locate and develop sources of future funding
to sustain chapter success
- Possible sources – Fee Income: Dinner
Meetings, Seminars, CMA Review Course Compensation Payments
from Montvale: Membership retention & growth, CPE, Certification
Advertising and Corporate Sponsorship: Web, Roster, Seminar,
Dinner Meetings, Academic Case Competition & Newsletter
sponsorships
Report Submission Calendar:
- July 26th, 2004
Last Day to Option out of Chapter Competition
- September 26th, 2004
Roster submission for chapter award competition
- September 30th, 2004 (or 90 days after
year-end close)
IRS Form 990/990T submitted to IRS (if required)
- November 26th,
2004
Form 990/990T (if required by IRS)
- January 26th,
2005
Chapter President & Secretary Nominations
- February 26th, 2005
Chapter Board of Directors Nominations
- March 26th, 2005
Program Book/Roster for chapter award consideration Website Updated
for chapter award consideration
- April 26th, 2005
Manuscripts for Lybrand Medal consideration Public Relations Report
for chapter award consideration Community Service Report for chapter
award consideration Newsletters for chapter award consideration
- May 20th, 2005
Last Date for Membership Applications
- May 26th, 2005
Last Date for Professional Education Hours Submission Last Date
for Level of Activity Report Submission
| Compensation System |
Competition System |
| Membership |
- Annual Bonus of $75 for net new “RE”
members over Nat’l Budget
- $3.50 Per “RE” Member New/
Renew
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- Growth % * 1000 points
- Bonus 20 pts. for each % over Nat’l
Budget
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| Education |
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- Total Hours divided by Base RE Membership
* 200 points
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| Certification |
- $15 Per CMA/CFM Part Passed
- $30 Per CMA/CFM Certification Achieved
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- 150 Pts.each for meeting chap. quota of
parts passed and certs. achieved
- 1 Point per Part Passed over quota
- 3 Points per Cert. Achieved over quota
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| Member Service |
- Guaranteed Minimum Monthly Total Payment
of $25 for achieving Performance Goals
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- Points based on Level of Achievement
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| Education |
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Professional Education Programs (1) |
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Certification—Parts Taken |
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Certification—Parts Passed |
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(hours converted to points) |
National Average |
1,000 points |
| Certification |
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Parts Passed |
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Certificate Earned |
National Average |
300 points |
| Membership Development |
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Membership Growth |
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(assumes 94% national plan) |
National Average |
940 points |
| Member Services |
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Level of Chapter Service (1) |
National Average |
500 points |
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Total Points |
2,740 points |
(1)
Submit actual documentation for points
All Others—points automatically credited |
Member
Service Level |
Points |
Board |
Communication |
Education |
Required
Services |
Electives |
| Minimum Requirement |
100 |
4 Members |
4 Informational Communications |
4 Hours of Equivalent CPE |
None |
None |
| Good Level |
250 |
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6 Informational Communications |
8 Hours of Equivalent CPE |
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4 Electives |
| Excellent Level |
600 |
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9 Informational Communications |
12 Hours of Equivalent CPE |
Maintain an up-to-date Website |
6 Electives |
| Outstanding Level |
1000 |
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12 Informational Communications |
16 Hours of Equivalent CPE |
Maintain an up-to-date Website |
8 Electives |
| Electives
(accomplish 8) |
| Offer a CMA/CFM Review
Course |
Publish/Air at least 12
Publicity Items (at least 4 items that are not Mtg. Notices) |
| Submit a manuscript to Strategic
Finance |
Sponsor an IMA booth at a local
job fair |
| Sponsor a student chapter
(Limit 1 elective, regardless of # of chapters) |
Make a guest presentation in a
classroom (primary purpose can be general, but should include
IMA & certification promotion) |
| Participate in a charitable
event (utilizing accounting skills) |
Make a corporate IMA visit
to a company w/membership and certification potential |
| Have a chapter member serve on
a National committee or the Board (Limit 1 elective, regardless
of # of members) |
Send CMA/CFM promotional material
to at least 25 financial executives |
| Have (6 G, 9 E, 12 O)*
Member Attendance credits at your Council ** |
Co-sponsor a lunchtime
learning session w/a corporation |
| Hold a Chapter CMS session |
Compile a top ten list of best
practices that bring your chapter success, or key learnings
on things your chapter tried that didn’t work and why |
| Have (4 G, 5 E, 6 O)* chapter
members attend your Council’s LTS |
Maintain an up-to-date website
(G Only)* |
| Publish an Annual Chapter
Program Roster |
Organize and participate in a plant
tour of a local facility |
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