Associations cut spending, look for additional revenue
- January 15, 2009 |
- hemmer
Some groups maintain that layoffs are the last resort in economic downturn; wait-and-see mode prevails as some postpone events and curtail travel At a time when members are questioning the necessity of all expenses, some trade associations, citing the need to maintain the value they provide, are forgoing the quick and dirty solution of layoffs and choosing instead to retain staff and find creative ways to weather the economic decline. [We are] pushing major projects from the first quarter of 2009 to the second quarter, said Joseph McInerney, president and chief executive officer of the American Hotel & Lodging Association. We dont want to say, We are canceling,… Read More