Many groups lag on diversifying revenue; some forge ahead
- October 17, 2022 |
- WILLIAM EHART
DavisConsultant cites low risk tolerance, with some exceptions; ICC has had great success, and Consumer Brands Association is thinking bigEver since the pandemic forced the cancelation of so many meetings in 2020-21, associations have been talking about diversifying revenue sources. But that's easier said than done."Are we seeing the association industry as a whole becoming better at diversifying revenue streams? The short answer is, ‘No,'" said Alanna Tievsky McKee, practice director of strategy and innovation at consulting firm McKinley Advisors."Unfortunately, there's still a fair amount of talk and not as much action as I would like to see," she said. "What's… Read More