NCMA Top 40 Under 40 in Contract Management Presented to the NCMA Board of Directors March 24, 2012 By: Cassandra Manos, Whitney Million, and Jacob Ruytenbeek.

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Presentation transcript:

NCMA Top 40 Under 40 in Contract Management Presented to the NCMA Board of Directors March 24, 2012 By: Cassandra Manos, Whitney Million, and Jacob Ruytenbeek

22 Agenda Top 40 Under 40 in Contract Management –Key Benefits –Examples –Risk Mitigation Process –Milestones –Marketing Plan –Nomination/Selection Process –Nomination Criteria –Publication & Awards Resources Required

3 3 Key Benefits What it is: –Peer recognition of 40 rising stars in the Contract Management profession, from government, industry and academia, as selected by the T40 U40 Review Committee of the CMLDP. Selectees will be highlighted in a dedicated issue of CM Magazine and will receive an award at World Congress. Professional Benefits: –Peer Recognition –Additional vehicle to identify future NCMA leadership –Incentivize young professionals to contribute to the contracts management profession –Highlight advances in the career field through its rising stars

2 4 Examples Lists –Fortune Magazine’s “40 Under 40” –Inc Magazine’s “30 Under 30” –Super Lawyers’ rankings by state –Baltimore Magazine’s “40 Under 40” Selection Process –Nominations (all) –Voting (Super Lawyers) –Selection Committee (Inc and Baltimore Magazine)

3 5 Risk Mitigation Main risk is that T40 U40 is seen as a gimmick –“What’s the catch?” Protect the NCMA brand –Strategies to maintain the integrity of the selection process –No gimmicks / no “catch” at the end of the process –Quality product

4 6 Milestones Announce the initiative at World Congress July 2012 Call for nominations and articles at GCMC and onlineNovember 2012 Candidate nomination process opensNovember 2012 Nominations closeJanuary 2013 Selection Committee begins the review processJanuary 2013 Committee selections submitted to NCMAMarch 2013 Articles DueMarch 2013 Article sections submitted to NCMAMay 2013 Selectees AnnouncedMay 2013 Special Edition of the CM Magazine is releasedJuly 2013 Awards Presented at World Congress July 2013 Committee Continuity PlanningJune 2013 Planning for 2013 T40 U40 BeginsJuly 2013

5 7 Marketing Plan Announce the effort at World Congress 2012 to generate interest Nominations open at GCMC 2012 Post information to the NCMA Website and social media (LinkedIn, Facebook, etc) Chapter Outreach – / Monthly Conference Calls CM Magazines Advertisements

6 8 Nomination / Selection Process Establish the Selection Committee (10 Current CMLDP Members and NCMA Fellows) Define our evaluation criteria: –Selection criteria are clearly described in the Nomination Form –Described on next slide Reviewer assigns points for each category Each application is reviewed by two members of the Selection Committee to ensure fairness Points from reviewers 1 and 2 are averaged A tie between two nominees is debated Final list is debated among the Committee to ensure that the subjective rankings reflect the Committee’s intent. The top 40 candidates will be listed in alphabetical order in CM Magazine.

6 9 Nomination Criteria Candidates must be under 40 years of age as of July 31, 2013 Must not be a current member of the T40 U40 Committee Nominee must show demonstrated excellence in: –Professional Development (education, training, etc.) –Innovation and Achievement (challenging situations, complex programs, etc.) –Leadership and Influence (training and motivating others, mentoring, etc.) –Clear Vision to Shape Future of Profession –Contribution to Profession and Impact with NCMA Who is reinventing the field of CM? Who is a CM thought leader? Who should you hire today? Who will you be working for in 20 years? Who gives back to their community? Who, in short, under the age of 40 should you be following?

11 10 The Result: CM Magazine & Award The Committee will produce one Issue of CM Magazine dedicated to Top 40 Under 40, to include: –Complete list of the NCMA Top 40 Under 40 in Contract Management awardees –Biographies and vignettes on Top 40 awardees –Leadership and workforce articles –NCMA on-ramps (ways to get involved with the association) –CMLDP Highlights July 2013 publication

9 11 Resources Required ResourceBudget Time to announce the effort at World Congress 2012 / Present awards to selectees at World Congress 2013 None Time to announce the open of nominations at GCMC 2012None Graphic artist to design the logoStaff hours 1/2 page of space in upcoming CM Magazines$300 Assistance with posting information to the NCMA websiteStaff hours Awards or Awards Budget$600 Staff monitoring the account (to be Staff hours Assistance with Chapter OutreachStaff hours

9 12 Contact Information Cassandra Manos, CFCM, CCCM Battelle Memorial Institute Office: (410) Mobile: (443) Whitney Million BAE Systems Office: (423) Mobile: (423) Jacob Ruytenbeek U.S. Air Force Office: (310) Mobile: (818)