|May 20, 2014
At its April 2014 meeting in Chicago, IL, the AACE International Board of Directors approved significant revisions to its Strategic Plan, according to AACE President John Ciccarelli, PE CCP PSP. The revisions followed a full day planning session facilitated by Mary Byers, CAE , and author of the highly regarded book, Road to Relevance: Five Strategies for Competitive Associations, as well as additional discussions in the January and April Board of Directors. Ciccarelli noted that the new strategic plan blends in elements of the previous version with tenets advanced by the Road to Relevance, especially the focusing of association resources.
“The new strategic plan builds upon our traditional strengths as an association but also helps us prioritize our goals and objectives and focuses our resources on those projects which are mission critical,” Ciccarelli commented. Ciccarelli pointed out that the four major strategies can be summarized with the acronym COST:
STRATEGY ONE: AACE International will establish itself as the leading technical authority in total cost management for programs, projects, products, assets, and services through timely, convenient and cost-effective delivery of world class educational, technical products and training programs and establishment and promotion of certification standards.
STRATEGY TWO: AACE International will offer opportunities for individuals engaged in total cost management to exchange ideas, techniques, and best practices by creating a professional community that values and honors lifelong learning. Our primary focus will be on making the individual member and stakeholder experience as rewarding as possible given our resources. Our goal is to provide education and professional development opportunities to our members in the format they want, when they want it.
STRATEGY THREE: AACE International will be an advocate for the highest standards within the total cost management profession through selected industry, academic, and government partnership and informing the public about the profession and its role in improving society. Our vision is to be recognized as the authority for total cost management worldwide.
STRATEGY FOUR: AACE International will develop organizational capability to fulfill the vision, mission, and strategic plan and to make the best use of our limited volunteer time, talent and financial resources.
“The Strategic Plan is designed to concentrate our resources on our core strengths within the total cost management community. We will only invest Association resources in areas that are focused on our core strengths and which add unique value to our professional association. It also clarifies the Board’s consensus priorities for our new Executive Director, Charity Golden, who will take over as our chief staff officer during the Annual Meeting in New Orleans, ” Ciccarelli concluded.
To review the current version of the Strategic Plan, go to: http://www.aacei.org/aboutUs/StrategicPlan.shtml