Turnaround Management Association - Southern Africa

News from the forum for turnaround and corporate renewal professionals - established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround in Southern Africa.

Wednesday, July 19, 2006

Proposed new TMA-SA board composition and organisational structure

 

Turnaround Management Association

 

View the new organisational proposal Powerpoint presentation.

Discuss in the appropriate Exco needs your opinion forum.

TMA-SA members will vote for the new term structure of directors and elect the 2007 directors at the general meeting of members on 8 February 2007.  Your feedback (in the discussion group) will therefore be appreciated.

In essence, the new structure:

  • Increases non-executive directorships from 3 to 8, allowing for better BEE credentials by recruiting influential government and business leaders.
  • Decreases executive directorships from 12 to 8, allowing for easier management by the CEO:
    • CEO.
    • Deputy CEO - ad hoc activities as directed by CEO.
    • Secretary - administration, legal compliance, records, official communication.
    • Marketing Director - sales, marketing, membership recruitment, publicity, promotion, public relations, sponsorship.
    • Operations Director - all events and programmes except for educational, execution of promotional programmes such as business rescue legislation, government projects, pro bono activities.
    • Education and Knowledge Director - knowledge capture and knowledge management on web site, ACTP relations, educational alliances, educational events and programmes.
    • Financial Director - treasury, financial management, membership benefits.
    • Informatics Director - hardware infrastructure and software applications, Google Groups, forums, newsletter, web site design and maintenance, database management, and IT development and support.

The Executive Directors will be supported by an Administrator, who also does membership administration.

Each Executive Director will recruit Managers from TMA-SA members to manage sub-portfolios e.g. the Marketing Director may have managers for Public Relations and for Sponsorship.

Note the distinction between promotional activities of the Marketing and Operations Director - while marketing sells these, operations execute them.

This news flash was brought to you by Turnaround Management Association - Southern Africa - the forum for turnaround and corporate renewal professionals in Southern Africa, established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround.

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