Governance SIG: Risk Management Secrets Every Executive Should Know

When:  Sep 14, 2016 from 09:00 to 10:30 (CT)
Who: Governance SIG
Fee: Complimentary 

CAE Domain:

CAE Credit Hours: 1.5

Location: American Society of Anesthesiologists 1061 American Lane, Schaumburg, IL60173
Risk Management Secrets Every Executive Should Know
Program Description: Risk management is one of the key fiduciary duties association boards and staff face. Many member and staff leaders think of risk only in terms of “financial” elements. However, as associations grapple with competition for membership, increasing expectations from corporate partners, cyber piracy, and other challenges, risk management needs to be thought of more broadly. The balanced scorecard concept has been around for nearly 20 years – used primarily to manage and improve performance. However, the concept can also be a helpful in identifying and managing risks – considering the following perspectives:
  • People: board directors, other member leaders, and employees
  • Financial: membership dues, product/program/service revenue, corporate support, and investment capital and income Goodwill: overall public reputation, stature within the industry or profession, and working relationships with vendors and advocacy partners
  • Property: buildings, equipment, technology, copyrights and trademarks
This session will provide guidance in implementing an effective risk management strategy in attendees’ associations.
At this session, participants will:
  • Identify and categorize the types of risks associations typically face.
  • Frame out a process for improving risk management at their association, involving both the board and staff.
  • Convey to their board and staff leaders a format for communicating progress on risk mitigation. 
About the Speakers:
David Westman Mr. Westman is the Chief Executive Officer of Westman & Associates Consulting, LLC, (W&A) a firm focused on serving associations, foundations, cultural institutions, social service organizations, and other non-profit entities.Specific areas of focus include: ·Governance enhancement ·Strategic planning ·Organizational reviews and benchmarking
·Human resources program design
·Key professional search services
·Project based financial management assistance
·Interim CEO services
Mr. Westman has over 10 years of experience serving as an association CEO. This includes leadership of two international professional societies, the Emergency Nurses Association and the Congress of Neurological Surgeons, which both experienced significant growth and operational improvements during his tenure. He has also served through W&A as Interim CEO with the American Association of Diabetes Educators and the Water Quality Association.

Bring a Guest 
We know one is a lonely number. That’s why we invite you to bring a guest to a Shared Interest Group meeting. Not a member? No problem. Non-members can attend one complimentary event before becoming a member of Association Forum. Join others with shared interests and discuss issues, ideas and trends. All guests must be pre-registered!

Note: This program is not endorsed, accredited, or affiliated with ASAE or the CAE program.  Applicants may use any program that meets eligibility requirements in the specific timeframe towards the exam application or renewal. There are no specific individual courses required as part of the applications – selection of eligible education is up to the applicant based on his/her needs.



1061 American Ln
Schaumburg, IL 60173-4973