Why NAIFA Needs to Update Its Bylaws

  • 06/08/2017
Why NAIFA Needs to Update Its Bylaws
The five-member executive committee of the National Association of Insurance and Financial Advisors sent us this blog to explain how the committee sees the changes the committee recently proposed.

Two years ago, at the NAIFA 2015 Performance + Purpose Conference, the NAIFA National Council was introduced to NAIFAs new chief executive officer, Kevin Mayeux. From the main stage, Mayeux delivered his first CEO report before 1,000 members. After noting NAIFAs many accomplishments over its 125-year history of serving members and the industry, Mayeux cut to the chase: If NAIFA didnt change, the group would eventually be out of business.

Weve come a long way from two years ago. Were poised for growth in every area. Were expanding our services to enhance the professionalism of advisors throughout the country. Were reaching new markets, having unparalleled impact on public policy, and deepening and enriching our relationships with companies and other key players in the insurance and financial services space.

Were doing all of this in alignment with NAIFA 20/20, our comprehensive five-year strategic plan which was developed by members from throughout the NAIFA federation with bold action that promises to reinvent NAIFA as the vibrant, impactful and indispensable organization advisors and the industry need for decades to come.

This month marks completion of phase one implementation of NAIFA 20/20. Throughout the year, we held ourselves accountable, by reporting our progress to leaders, and we will continue to be transparent every step of the way.

Next month, we will begin phase two implementation of the strategic plan. This undoubtedly is the most critical stage of NAIFA 20/20.

Phase two will begin with the National Councils support of the board of trustees proposal to modernize the national bylaws, based on three recommendations from NAIFAs Quality Member Experience task force.

In January 2017, the QME task force comprised of a cross-section of NAIFA members and executives convened over several months to examine the challenges and opportunities before our association. Its recommendations represent input from hundreds of stakeholders across the NAIFA federation, with numerous meetings and extensive feedback.
  

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