Who: Governance SIG
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.
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
- 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:
reviews and benchmarking
financial management assistance
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.