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January 25, 2010 
 
 
BISNOW CFO SUMMIT

We are doing our CFO summits, as described below, almost monthly. If you are an association or non-profit CFO and want to participate, please contact info@bisnow.com

 
Top association financial execs gathered for another one of our epic CFO Summits last week. They dished on everything from regulation to corporate partnerships to the recent Mass. election results.
 
Bisnow CFO Summit

We hosted the breakfast in the newly renovated Jefferson Hotel on 16th St. (As we’ve written in another edition, we think it may now be DC's nicest small hotel.) This room even had a secret passageway hidden behind a pastoral painting at the head of the table. We checked, but there was no non-dues revenue hidden behind it. Thanks to sponsors Reed Smith, Anybill, and First Citizens Bank.

Jerry Jasinowski at Bisnow Summit

Obama made a mistake by switching his focus from the economy to health care, says Jerry Jasinowski, former longtime CEO of the National Association of Manufacturers. This mistake was underscored by the Scott Brown shocker last week. Jerry sees a new political environment emerging that could be even more vicious in terms of partisanship. That means that now more than ever, it will be crucial for associations to take a bipartisan approach.

Juanita Duggan at Bisnow Summit

Juanita Duggan, former CEO of the American Forest & Paper Association and Wine & Spirits Wholesalers of America, says she always thought the healthcare bill would be impossible to pass, but now, she's even more convinced. Healthcare reform, she adds, would have more success if the bill was broken down, and each piece was passed on its own merits. On a separate note, Juanita tells us she's surprised by the lack of quality association websites. Instead of worrying about the latest and greatest social media tools, she suggests first taking a good look at the website, which is often the main portal through which people access an organization.

National Automobile Dealers Association CFO Joe Cowden at Bisnow CFO Summit

The National Automobile Dealers Association is fighting regulatory battles even more, says CFO Joe Cowden. Aside from the obvious auto sales slump, the regulatory environment is one of the association's biggest concerns. Every agency from the IRS to the EPA has its finger in the car business: "You name it, we are regulated by it."

American Council on Education CFO Jeff Tomitz

The American Council on Education, which represents 2,000 university presidents and chancellors, has been relatively immune to the downturn, says CFO Jeff Tomitz. He thanks the GED exam, which ACE officially produces, as well as the association's financial conservativeness. Jeff says ACE had done a lot of contingency planning and was prepared for an economic crisis well in advance.

 
American Association of School Administrators CFO Chuck Woodruff

"We have three goals: revenue, revenue, revenue," says American Association of School Administrators CFO Chuck Woodruff (right). In the past year, AASA has sought out more corporate partnerships with health care auditors, energy conservation services, school supply distributors, and other vendors, which Chuck lists on the back of his business card. The companies give members significant discounts on everything from phone bills to school buses, and the association receives a quarter of 1% on all sales. Last year, that fraction added up to $200,000.

 
American Trucking Association CFO Dave Barefoot and and Building Owners and Managers Association International CFO Brian Green

American Trucking Association CFO Dave Barefoot and Building Owners and Managers Association International CFO Brian Green. Brian tells us one the toughest effects of the recession is that members are taking on more properties and now have less time to volunteer on committees. BOMA recently implemented Microsoft SharePoint on its website to make committee and task group communication easier. Instead of sending out a document to 40 people, members can collaborate online by checking out the document, working on it, and checking it back in. He says the goal is to make the website a regular tool and not just a place where people go to read an occasional article.


ROUND TWO
 
Bisnow Women's Event

We snapped this at our second “Where Do Women Stand?" Friday morning at Sequoia restaurant. As you can see, a fair number of you showed up, 450 by our count. Our panelists’ conversation was frank, fresh, and even humorous; check back tomorrow for more from American Bar Association prez Carolyn Lamm, legendary Akin Gump trial lawyer Michelle Roberts, ace civil litigator Barbara Wahl of Arent Fox, Microsoft Federal chief Theresa Carlson, and BET CEO Debbie Lee.

Send story ideas to Jessica Sidman, jessica@bisnow.com
 
 
 
Arent Fox (Smart)
 
 
Cardinal (Bird)
 
 
Reznick (Building)
 
 
Akridge (700 6th) #2
 
 
WorkSpaces (Relocating)
 
 
Reston Limo (White)
 
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