ABI's Fiscal Year Kickoff: Reflecting on Success and Looking Ahead to 2023
July 7, 2023 | Mike Ralston, President, ABI
ABI commences a new fiscal year every July, marking not only an accounting milestone but also a significant occasion for the organization.
July holds great importance for ABI as it allows for reflection on the past year and preparation for a successful year ahead.
First, we assess whether we have fulfilled the Board of Directors' mandate of fiscal responsibility. Have we achieved our financial objectives in the previous year and positioned ourselves well for the future?
Secondly, we evaluate whether we have met our programming goals. Is ABI effectively serving its members and providing resources that enhance their companies' profitability?
The answers to these questions must be affirmative. Each ABI member company faces numerous demands for support, with new ones arising every day. In order for ABI to justify your investment, we must consistently deliver value. This focus on delivering value is our year-round objective, but it holds particular significance each July 1st.
High-value programming at ABI is an ongoing endeavor. The summer season is a pivotal time for ABI and its Foundation, with a plethora of programs and events taking place. Business Horizons and Leadership Iowa University, board orientations, executive committee meetings, and more contribute to the busy summer schedule at ABI. We encourage you to regularly check our online events calendar to ensure that you and your employees are taking full advantage of the exceptional programming opportunities available.
Under the leadership of new ABI Chair, Rich Phelan, we are looking forward to another great year. On behalf of the Board of Directors, I extend my heartfelt appreciation for your continued support and investment in ABI. We never, ever take it for granted.