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On Wednesday, August 16th, The Doubletree Hotel/O’Hare Airport provided the backdrop for ARM National’s 2006 Long Range Strategic Planning Meeting. Attendees of this one-day meeting in Chicago included ARM’s Board of Directors as well as ARM’s State Executives.

The idea for such a meeting solely devoted to strategic planning arose out of discussions at the Board of Directors’ and State Executives’ meetings in San Francisco during the national conference in May of this year. Both groups had been asking themselves the same question, “What do we want ARM to look like going forward?”

In preparation for the meeting, Board members and State Executives were individually asked to do some homework by brainstorming and listing those items they felt belonged on a strategic planning agenda. No idea or thought was off limits . . . all were encouraged to think with a very open mind.

Larry Johnson, Chairman of ARM National, states: “As the landscape of the insurance marketplace continues to change at a rapid pace, ARM member agents are looking to their own organization as a focal point for not only solving problems, but also as a conduit for greater growth and profit opportunities. The collective knowledge and skills of the ARM Board members and State Executives was never more evident than at this Strategic Planning Meeting. Many excellent ideas were brought to the table, and it was evident that the group is willing to work to transform many of these ideas into reality in the future.”

 

 

 

 

Tim Cunningham from the Chicago consulting firm Optis Partners facilitated the meeting, allowing Board members and State Executives to focus 100% of their attention to the task at hand. After a morning of group discussions and an afternoon of small group breakouts, three items surfaced as key items ARM should focus on as the organization looks into the future:

  1. Aggregation of Markets – with the potential of master contracts on a national basis
  2. Group Buying – such as Agency E&O, Training & Education, Health Insurance
  3. Member Expansion – in existing states and new states

The next step will be to take these three items off the drawing board and put into motion. Some preliminary talks and actions have already taken place at the Executive Committee level, but the next significant “push” will take place at the Fall Board of Directors meeting.

Johnson adds: “As the meeting came to a close, I couldn’t help but think that ARM has many bright days ahead. As always, our ability to communicate and articulate our direction will be critical to our success.”

By Scott Spangler

 
© 2008 ARM Associated Risk Managers