Ama Annual Report
Ama Annual Report
Ama Annual Report
University
Annual Report
2017-2018
Table of Contents
1 Summary
2 Chapter Goals
3 Professional Development
9 Community and Social Impact
11 Fundraising
12 Membership
13 Social Engagement
13 Communications
14 Chapter Operations
15 Financial Statement
Summary
A Letter from the President
It has been another fantastic year to be a part of AMA Ferris! Our organization prides itself on the
tremendous value that AMA Ferris and AMA International have provided year after year, which is why our
executive board has put in countless hours to maintain this trend. This year, our chapter rebranded itself
to comply with AMA International’s new branding. Not only did we update all AMA logos to fit the brand
guidelines, but our chapter also decided on a new theme: Ready for the World.
Our theme describes the benefit AMA Ferris strives to provide our members who represent 14 majors.
Therefore, our main focus is on professional development. We have collaborated with over 7 other student
organizations on campus as well. We have been a Five Star (Top 4) student organization at our university for
the past five years and plan on taking home this award for the sixth year in a row. Our 7th Annual Regional
Conference held at Ferris State University had a great turnout with 8 universities traveling to Big Rapids. Our
speakers offered a wide range of insights while our Marketing Strategy and Staples Sales Competitions had
over 40 participants in total. Also, our in-house student-led marketing firm, Crimson Consulting, was able
to conduct research and develop marketing strategies for 5 clients. Lastly, our Mary Kay Case Competition
team received honorable mention this year. We look forward to learning as much as possible from the other
case competitors at this year’s International Collegiate Conference.
AMA Ferris constantly strives to improve our university and our community. By putting in 1,128 hours of
community service and counting, we have used our marketing knowledge to maximize the impact of local
nonprofits and small businesses. Aside from helping local businesses, Crimson Consulting worked on several
projects that have improved the community including Wesley House Emergency Food Pantry, CROP Hunger
Walk, and the Winter Clothing Drive. Our members are learning how to bring positive change not only to the
workplace but to their communities as well.
While we experienced a surge of member activity last year, we were able to take it a step further this
year. Our organization does not require any event attendance or level of activity but, through our Corporate
Ladder System, members are encouraged to be more involved. Members are given with membership
points for participation in professional development opportunities, serving the community, fundraising for
AMA Ferris, and attendance at any other AMA Ferris events. By earning points throughout the semester
in those respective areas, members progress through our five membership levels earning more valuable
rewards the higher they go. This year, we have had more members than ever before reach our highest level
of involvement, with 20 individuals reaching the CEO level, totaling 41 members at our mid-level rank of
Manager or higher. We strive to make the International Collegiate Conference as accessible as possible
to these members. Our Corporate Ladder System helps the 18 members attending this year’s conference
reduce their out of pocket costs. It is amazing to see how motivated our members become within AMA
Ferris. The impact on our university and in their lives is the reason AMA Ferris is as successful as it is today.
Thanks to AMA International’s never-ending work, we can create an environment that yields the business
leaders of tomorrow and AMA Ferris is able to get its members Ready for the World.
Sincerely,
Keegan Brown
President, 2017-2018
Keegan Brown
President
Returning to our international status as a Top 5 Pending We are taking part in this competition and will
Chapter learn the results at the International Collegiate
Conference.
Maintaining for the 6th consecutive year, our Pending
We have sent in our application and will learn the
premier status as a 5 Star Registered Student results in April.
Organization (RSO) at Ferris State University
Collaborating with at least 3 RSOs, 4 businesses, Throughout the year, we have collaborated
3 university departments, and 1 other university with 7 other RSOs, 7 businesses, 5 university
departments, and 1 other university.
Increasing our average member participation in We have increased average member participation
all events by 10% over our previous year in all events by 18.2% over previous year.
*% of members reaching manager or above
Securing at least 12 corporate partners from local We have secured 8 corporate partners and have
and national businesses lined up 4 partners already for next year.
Increasing our chapter’s membership, from the Our chapter’s membership has reached 82
previous year, by at least 20 individuals in order members, an overall increase of 2 members from
to reach 100 total members by the spring last year.
Evaluation Criteria
AMA Ferris understands that the most important part in management is monitoring progress. By critically evaluating our
performance with both qualitative and quantitative data, we have created intuitive visual assessment indicators to
be used throughout the report:
3 = The goal for this event or activity was exceeded. This event demonstrated excellence within AMA
Ferris and serves as a model for planning and execution.
2 = The goal for this event or activity was met or nearly met. This event generally went as planned, provided value
to members, and is worth doing again.
1 = The event or activity fell short of its goal. This event provided a learning experience for the chapter. If this event is
held again, it will be conducted differently.
CC
“It has been a pleasure to work with the creative Crimson
Consulting team as they developed a marketing campaign American
designed to meet my specific objectives for the RMI program
at Ferris State University. Execution of the marketing plan is Marketing
underway and I look forward to positive results.” Association
-Dr. David Brown, RMI Coordinator at Ferris State
Goal:Pro-bono marketing consultation to 4 different clients throughout the year.
Result: The group worked with 5 clients.
Summary: Crimson Consulting was a student-led marketing firm that met weekly and broke into subgroups to help
complete marketing research, marketing plans, budgeting, and graphic design work for multiple clients. The group
has met their goal by working with 5 different clients throughout the school year.
Precision Combat Paintball: Brooks Security:
Redeveloped the entire website and social media Continued to consult and develop marketing material
for the local indoor-paintball arena in Big Rapids, MI. for the Brooks Security group in Big Rapids, MI.
Also created a brand new logo and signage for the Winter Clothing Drive:
arena. Developed and distributed marketing material for
a church out of Reed City, MI for a winter hat and
Risk Management and Insurance Program (RMI) clothing drive charity event.
Refined the previous year’s marketing strategy and CROP Hunger Walk
is in the stages of implementing another budget to Promoted the event to the campus community in
continue the revamping effort of the program. order to recruit students to attend.
Conferences
7th Annual Regional Conference- November 3rd, 2017
Goal: 50 AMA members attend from 8 different universities and 200 Ferris Students attend
Result:62 AMA members attended, 8 universities were represented and 299 students attended.
Summary: We had high goals for our regional conference this year, and we are proud to say that we achieved them.
Compared to our goals we had 124% of member attendance, 100% attendance from other universities, and 149.5%
of outside students attend. Our chapter couldn’t have completed these goals without the help of our corporate
sponsors, speakers, and amazing university faculty. Speakers were brought in from an array of companies and
included: Easy on Hold, Clif Bar Co., Weber Shandwick, Shift Digital, Mary Kay, and the Detroit Red Wings. This
conference encouraged students to network, compete, learn, and have fun.
Aurora Regional Conference- September 27th, 2017
Goal: Have 4 students attend and compete
Result:7 students went and competed
Summary: Members who attended this conference listened to speakers, participated in workshops, and competed
in competitions. Students who competed were awarded first place in the perfect pitch competition and honorable
mention in the digital marketing competition.
White-Water Regional Conference- October 13th, 2017
Goal: Take 5 students and have them compete
Result: 5 students attended the conference
Summary: All attendees competed and our team brought home a finalist award in the perfect pitch competition
and honorable mention in sales. Our members also took the time to listen and learn from the speakers they
presented which included Titos Handmade Vodka, Summerfest, The Milwaukee Bucks, and GMR Marketing.
AdCon- November 11th, 2017
Goal: Have 2 members attend
Result: 4 members attended
Summary: Members traveled to Wayne State University in Detroit, Michigan and heard from different speakers in the
advertising field. They also got the chance to attend 4 hands-on workshops throughout the day with professionals.
International Collegiate Conference- April 5th-8th, 2018 Pending
Goal: Have 20 members travel to the AMA ICC and each member compete in at least one competition
Result:Win or place in five or more competitions.
Summary: 18 members are entered in the SABRE Business Simulation , Chapter Exhibit, Perfect Pitch, Marketing
Strategy, Stukent, and International Sales Competition. We plan to enter the Chapter T-Shirt Competition, and will
receive the results of the Chapter Plan and Annual Report. Overall, we have two fewer members than our goal,
but our member involvement of those in attendance is of some of the highest in recent years past. The cost of
attendance is based on our membership levels and incentives for attending various major events and conferences in
the Fall.
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Certifications
AMA Ferris Competition Certification- January 17th, 30th, & 31st
Goal: 5 students earn the certification
Result:6 students received the certification
Summary: If students attended all three competition based workshops put on they became competition certified.
This was put in place to get members ready for the International Collegiate Conference in New Orleans, as
well as in the future.
Entrepreneurship Certification- March 13th-15th, 2018 Pending
Goal: 2 students become certified
Summary: Students will attend a three day certification put on by the university. This is aimed toward people who are
interested in starting their own business, or would like to learn about the benefits.
Anytime Certifications- Spring 2018 Semester Pending
Goal: To have 15 members gain at least one outside certification
Summary: As a result of researching what employers want from recent graduates we have offered to reward member
points to any students that receive the certification and add to their resumes. They were encouraged to begin with
Google AdWords, HootSuite, Digital Garage, HubSpot Content Marketing, and Facebook Blueprint.
Networking
Career and Internship Fair- October 12th, 2017
Goal: 15 members attend
Result:16 members attended
Summary: Students spoke to employers from all over the state. Successful companies such as Coca Cola, General
Motors and Consumers Energy were there searching for students to fulfill internships and entry level careers.
Career Carnival- October 25th, 2017 Canceled
Summary: Event canceled without notification from the university.
Networking Night- November 2nd, 2017
Goal: 25 members attend
Result:21 members attended
Summary: Members, Ferris students, and students from neighboring universities attended speeches from our
corporate sponsors and were then given the opportunity to give out their resumes. This led to interviews for potential
jobs and internships. Students heard from companies such as: Enterprise, Northwestern Mutual, Clif Bar Co., Staples,
and Hylant Insurance. Promotion for this event was lacking due to our focus on our Regional Conference.
Internship Awareness Day- November 9th, 2017
Goal: To have 10 members attend
Result: 20 members attended
Summary: We encouraged members to attend Internship Awareness Day in the College of Business to get them
familiar with talking to companies, discussing their career paths, and to find potential internships to broaden their
degrees and set them apart from other candidates.
Internship Panel- January 11th, 2018
Goal: 12 students attend
Result:15 members attended
Summary: Four members from the chapter presented their internship experiences to other students. They spoke about
how they obtained them, what they learned, and what they would do differently if given the chance. Discussion lasted
an hour.
Shapr Networking- January 25, 2018
Goal: 10 students create their profiles
Result:12 students completed profiles
Summary: Shapr is a networking app to make professional connections around the world, or targeted to certain areas.
Members were encouraged to make profiles and see what connections they could make.
College of Business Internship and Career Fair- February 8th, 2018
Goal: 20 members attend
Result:16 members attended
Summary: Members went to the career fair centered only on business majors. This was also a reverse career fair for
student organizations. Executive board members stood at a table and talked to employers about their organization
and possible sponsorship opportunities. Attendance was weaker than expected due to class time conflicts.
Career Networking and Opportunities Summit (CONS)- February 15th, 2018 Canceled
Summary: This event was canceled by our chapter due to lack of sponsorship attendance. Sponsors would rather
attend university sponsored career fairs scheduled for the same day to be able to talk to a larger pool of students. We
plan to enhance this event next year by moving the date to earlier in the year, recruiting other student organizations
and inviting their corporate partners, and making this a panel event followed by networking.
Competitions
Elevator Pitch- September 19th, 2017
Goal: 40 attended and 5 competed
Result: 45 attended and 7 competed
Summary: Students gave elevator pitches during the general meeting to mock employers. Other members gave
feedback and voted on who they believed did the best. This helped students with speaking in front of crowds and
preparing their perfect pitch.
Best Dressed- October 24th, 2017
Goal: 15 students compete
Result:10 students competed and 42 attended
Summary: After attending the professional dress workshop, members put their knowledge to the test. We awarded
the best dressed male and female. Decisions for finalists were tough because members were dressed so professionally.
TEK Systems Sales Competition
Goal: 2 members compete
Result: 2 members competed
Summary: Two of our members competed in the TEK Systems digital marketing case and placed in the top finalist
category. One of our students continued on to place 6th nationally.
Workshops
Resume Editing- September 27th, 2017
Goal: 30 students attend
Result: 27 attended
Summary: Five faculty members from the College of Business came and evaluated resumes with students one on one.
Faculty gave great suggestions to each person based on their career aspirations. 97% of members who attended
this event would attend a similar one. The student surveys also told us that 97% of students learned something new.
Public Speaking Workshop- October 4th, 2017
Goal: 10 students attend
Result:14 students attended
Summary: Donna Smith, a former TV news anchor, came and gave students tips and tricks on how to overcome the
fear of public speaking. She also discussed with members the most frequently made mistakes and ways to fix them.
Professional Dress Workshop- October 19th, 2017
Goal: 20 members attend
Result: 19 members attended
Summary: One of our former executive board members talked to students about what to wear and not wear in the
workplace. Volunteers dressed inappropriately to give visual aids of what not to wear in the workplace while
gaining knowledge of what to wear instead.
Communications
Overall Goal: Clearly communicate to the public what AMA Ferris is all about and how we can get students
Ready for the World.
External
Goals Results
Website: Update content twice a week The website was updated once a week in the Fall
semester and 3 times a month in the Spring.
Facebook: Reach 850 likes on our public page Reached 861 likes
Instagram: Post 3 or more pictures weekly An average of 2 photos were posted weekly.
Snapchat: Post at least two photos at every event The goal wasn’t met, but snaps were posted at most
of our events.
Alumni Database/Facebook Page: Keep alumni The goal wasn’t met, however the public Facebook
up-to-date on our events page proved to be a more valuable resource for
communicating with our alumni.
Internal
Goals Results
Meeting Minutes: Post the minutes for members Minutes were posted within 15 minutes after every
within an hour after each general meeting meeting
Google Calendar: Create a Google calendar that A Google Calendar was created and filled with
includes all AMA Ferris events events
LinkedIn: Link with all AMA Ferris members LinkedIn wasn’t utilized by AMA Ferris this year
OrgSync: Use the college student organization All AMA Ferris members joined our Orgsync
database and tools to stay connected on
campus
Meetings: Hold a weekly general meeting, have a president’s meeting with our advisor, and have weekly executive board
meetings
Result:All of goals were met or exceeded
Summary: Every Tuesday, during a no-class period, a value-driven general meeting was held for all members. After each
weekly general meeting, the president regularly met with the primary faculty advisor to discuss the chapter’s progress
towards its goals, as well problems within the chapter. The entire executive board met for two hours every week to
discuss officer reports, chapter operations, and upcoming events.
Executive Operations
Goals: Successfully communicate through Facebook, have a centralized digital file system, have a pre-event checklist for
planning and post-event forms for evaluation, have an officer accountability policy, and have 360 degree performance
for officers.
Result:All of the goals were met or exceeded
Summary: All of the chapter’s communications were handled through Facebook. Google Drive was used to store, create,
and collaborate on chapter files. Basecamp was used as a training tool for planning events, pre-event checklists are
turned in one month prior to events, and post event forms are due the week following the event. A “three strike”
disciplinary policy was created early in the semester to hold officers accountable. Lastly, 360 degree performance
evaluations for the executive board were used to assess each officers’ performance and the results were individually
shared with each officer.
Chapter Reporting
Goals: Submit a professional and competitive chapter plan, as well as completing 90% of the goals outlined in the
chapter plan.
Result:44% of the chapter’s goals were accomplished at the time of this writing.
Summary: Officers submitted their goals to the president for review and progress on each major goal was evaluated
during the weekly executive board meetings. At the time of this writing 2 of our 9 goals are currently pending. Fewer
returning members than anticipated, health difficulties with our primary faculty advisor, and internal changes to our
corporate partners’ companies were unforeseen circumstances that have affected goal completion.
Officer Transitions
Goals: Create a detailed operations manual and empower the new executive board to run a powerful AMA chapter.
Result:The officer transition has yet to take place.
Summary: Over the month of February, each officer has documented their duties and responsibilities into a detailed
operations guide. The guides continue to be updated up until the time the new officers are elected. After elections take
place, the operations guides, account passwords, bank account, and all other files of the chapter will be turned over to
the new executive board. In addition, several one-on-one meetings are planned to help facilitate the transition.
Page 14 | Annual Report | Ferris State University | 2017-2018
Financial Statement
Expected Revenues Actual Expected Expenses Actual
Page 17 | Annual Report | Ferris State University | 2017-2018 Ferris State University