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Value
Galore Found in Chamber Memberships
By Ken Lizotte CMC |
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Some
years ago I joined the Acton Chamber of Commerce with the goal of rubbing
shoulders with powerful corporate decision-makers and establishing my
consulting value, then soaking up many new clients like gravy at Thanksgiving.
The morning I headed out for my first Chamber breakfast meeting, however,
my business partner called my cell phone to report our bank had just canceled
all its merchant credit card accounts following a decision to get out
of that end of the business. My seminar business, heavily dependent on
credit card sales, had suddenly lost a lucrative conduit of revenue. Literally
minutes later, stunned and feverishly ruminating about what we would do
to prevent a potential catastrophe, I sat tolerating my new Chambers
member spotlights as reps from member businesses stood up
for a quick minute or two, describing their companies and what they offered
to their fellow members. One, a local bank, concluded its service litany
with a folksy, So come down and see us sometime. The
Chambers director then exhorted everyone, Its good to
do business with other members. Suddenly I realized this new family
Id joined might be the answer to my prayers. At a break, I approached
the bank rep, explained my situation, got an encouraging response, and
found myself at the end of that same day with a new merchant account squarely
in place, courtesy of the fast action of this new Chamber friend. Though
I had come in looking to FIND business, Id come out in total awe
of something better: The huge value offered by Chambers in providing resources
that member companies sincerely need. Over
the ensuing four years, though I did pick up a few clients I never forgot
how access to a ready, willing-to-help business family seemed to afford
a greater value than I had previously imagined. Joseph J. Bevilacqua,
President/CEO of the Merrimack Valley Chamber of Commerce (Lawrence MA),
explains: Chambers
are indeed a great way
for companies to find other companies to buy from. They can help you locate
all sorts of ordinary needs, e.g. paper supplies, restaurants, hotels
for visiting customers. That's a key point of how a Chamber works: its
essentially a B2B network. Other
advantages of joining forces with the wider business community loom too,
Bevilacqua adds, though high-tech firms in particular may not always recognize
it. Many 1999-2000 dot-coms for example rose and then disappeared without
bothering to connect, though doing so might have contributed to more lasting
success. Ed Pignone, Chief of Staff, Greater Boston Chamber of Commerce,
believes for example that Massachusetts current $3 billion in federal
R&D funding, the highest per capita in the US, exists at least in
part to Chamber lobbying. Chamber involvement offers an excellent
complement to membership in industry trade groups (including) the opportunity
to help invent and shape government policy issues in Washington.
Chamber
devotees also say technology execs can benefit from meeting the many buyers
and users of technology
that compose the typical Chamber, and peers
outside their own industry, broadening horizons, connections and level
of feedback. Adds Pignone: Hearing high-powered guest speakers in
fact provides the chance to meet not only that speaker but a lot of other
top execs who will come to hear the speaker too.
Other
benefits reported include health
care insurance, auto insurance discounts and discounts on a variety of
other goods and services. A Chamber member in the Berkshires adds, Its
an attractive arena for doing interesting volunteer work as well.
So with all this good
stuff, could there be any downside? Chamber
people do agree on a pitfall: lack of willingness to show up and be counted.
It could be a waste
of time if you're not able to put some effort into it, explains
Andrew Olmsted, Managing
Director, Cambridge
Innovation Partners, and a Cambridge Chamber member. One needs to
evaluate whether the benefit will be worth the effort. But that's of course
what you must do with any business activity! Others
echo like sentiments, admitting Chamber members only reap what they sow.
Socializing, networking and rolling up ones sleeves to get truly
involved are requisites. Don't expect to walk out of your first
meeting with more contacts and new customers than you know what to do
with, warns Cambridge Chamber of Commerce President and CEO Thomas
J. Lucey. It's like a health club in that way: Joining doesn't do
anything, you have to do the work. But
beyond that Chamber folks insist the benefits far outweigh everything
else, and that Chambers today have geared themselves to our high tech
times. Lots of people
still think Chambers still function like a 1950s downtown organization
but thats no longer true, explains Bevilacqua. Now were
fast-moving, technology-driven, growing, inclusive, results-driven, accountable,
and oriented to action. For potential high-tech members, one Cambridge Chamber member, Caryn Saitz, President, Creative Strategic Solutions, Boston, sums it up this way: Technology doesn't stand in a vacuum, its supported and enabled by a lot of different industries, and touches everybody's business these days. So the disadvantage (of diverse membership) is an advantage. Chambers bring diverse businesses together at business events, they are not like a trade show where everyone there is in your industry. Within such a model, she suggests, Chambers can contribute mightily to their high tech siblings, linking them to vibrant and valuable cross-business families, and the broader community in which they must flourish. |
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