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The Business of Aging

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Title: The Business of Aging


1
The Business of Aging
  • ASA/NCOA Conference
  • March 2007
  • Dan Taylor, Executive Director
  • East Valley Senior Services, Inc.
  • www.evseniorservices.org.

2
Issue Senior Centers are hidden community
resources meeting the needs of older adults 55
years and better.
  • Myth Senior Service organizations cannot make a
    profitthey are in business to do good
  • Myth Senior Service organizations are small in
    number..no impact
  • Myth Senior Services deal with Charityonly
    those who are in need

3
Changing dynamics Valuing what the organization
provides
  • Home delivered meals to a client for a year, at
    the cost of a few days in a hospital or a week in
    an assisted living facility.
  • Daily exercise classes that have potential to be
    a health cost savings for HMOs.
  • Meals While You Heal Programs helps to prevent
    reentry into a hospital due to improper diet or
    lack of services.
  • Paying a neighbor to take an older adult to
    medical appointments or pick up
    medication/groceries helps to assure their
    independence in their own home.

4
Value, Value, Value
  • Become known as a community resource commitment
    to excellence
  • Instill passion among staff and customers
    organizational ambassadors
  • Target new markets boomers customer centered
    services
  • Boost your name recognition.
  • Maximize the organizations mission through the
    creation of programs and services that will
    empower older adults through social, educational
    and physical well being living life to the
    fullest.
  • Explore ways to improve outreach efforts to
    ensure older adults, particularly those who may
    be frail, isolated, homebound, disabled have
    access to programs and servicesensuring
    independence.

5
Senior Center Accreditation
  • Provides a process to utilize key persons in the
    community to participate in the process
  • Accreditation provides a natural way to showcase
    the variety of programs and services provided in
    the community.
  • Provides a way to highlight improvements
    (structure and program) to obtain resources.

6
Business DevelopmentWHAT DO YOU WANT
  • Do you want a financial gain?
  • Do you want to have influential Board of
    Directors?
  • Do you want to improve your community image
    through more effective marketing strategies?
  • Do you want to have a credible monthly
    newsletter?
  • Do you want to develop new business partners?

7
  • WHO DO YOU WANT TO PARTNER WITH
  • WHO WOULDNT YOU PARTNER WITH
  • WHY GO THROUGH ALL THIS

8
We are in the business of aging
  • Plate of cookies dilemma - Gone are the days when
    sugar and flour can provide access to the senior
    center.
  • Game Show Strategy - Gone are the days when
    senior centers are so grateful to get a door
    prize they allow anyone to present.
  • Today we must embrace the concept that it is
    worth real dollars to allow controlled access.
  • Today we must embrace the importance of the
    business community toward increasing fiscal
    growth.

9
What can a senior service organization do today
to prepare for partnership development?
  • Start to develop a donor base. This donor base
    can be used in partnership development.
  • Do your research on establishing a foundation?
  • Evaluate your fundraisers, annual campaigns?
  • Who is your business community? Who does your
    staff or board of directors know?
  • Who are the movers in your community? Who is
    serving on the Board of Directors of other
    nonprofits in your community, on the hospital
    boards/auxiliaries?

10
Complimentary Meal and presentation
  • Discuss with the business the opportunity to
    sponsor a meal for a day at unit rate cost, i.e.,
    6.00 per meal.
  • Promote the meal as free sponsored by XYZ
    company.
  • Allow the business to have a booth before the
    lunch
  • Provide 15 minutes prior to lunch for a short
    presentation on relevant information for the
    participants.

11
Highlights of partnerships
  • Partnership of 1,000
  • Preferred vendor of the Senior Expo or
    sponsorship of an event
  • Website linkage
  • Three presentations at the senior centers
  • One article published in the Newsletter
  • Partnership of 600
  • Vendor at the senior expo
  • One presentation
  • Linked on the website
  • Partnership of 375
  • Vendor at the senior expo

12
Corporate Trailblazer 5000
  • Recognized as a Trailblazer monthly newsletter
    Annual report senior centers
  • Sponsor of Volunteer Banquet or Passport to
    Living
  • Brochures at seniors centers
  • Linked on website
  • Listed on the referral sheet
  • Invitation to special events
  • Recognition in publicity
  • Listed on resource page in newsletter
  • Bits of Business at senior centers
  • Publish articles in newsletter
  • Marketing material distributed to the homebound
  • Placemats at senior centers announcing a program
    service or event
  • Presentations at senior centers
  • Other marketing opportunities

13
SPONSORSHIP OF THE POSIT SCIENCE PROGRAM
  • Recognized as the prime sponsor of this program
    i.e. all publicity
  • Accessibility to all the senior centers in
    implementation of this program
  • Launch a kick-off event at the designated senior
    centers
  • Include information on EVSS website about the
    program.
  • Have an article quarterly in the EVSS newsletter
    concerning the program
  • Conduct a presentation through Passport to
    Living
  • Bits of Business at the senior centers

14
Key components with proposal
  • Background information on organization (number of
    persons served, types of programs, etc.)
  • Goal Partnership will provide a variety of
    marketing opportunities.
  • Funding request
  • Time Frame
  • Partnering opportunities (sponsorships, campaign,
    presentations, placemats, etc.)

15
Website DevelopmentPartner with Us
  • There are many ways your business can become a
    partner.  You can participate in the Senior
    Expo.  As a vendor, you may also have the
    opportunity to do presentations at each of our
    centers, display your brochures at all three of
    our centers, and even participate in health
    fairs.  Another way is to sponsor an event, such
    as a New Years celebration or an ongoing
    program, like the diversity program which
    highlights a different culture or country each
    month.  When you sponsor these types of programs,
    you will have the opportunity to present
    information to the seniors about your business.
    You can also volunteer to deliver our Holiday
    meals or Mothers Day meals to homebound
    seniors. 

16
Four key ingredients to success
  • All successful partnerships are based on a
    win/win relationship.
  • Senior Centers are image enhancers.
  • Most business does not understand the service
    that Senior Centers provide educate them!
  • A senior service organization serves a diversity
    of clients with respect to age, income, and
    disabilities. But if we take seriously our
    commitment to serving the boomers, we will be
    sitting on the largest pocket of future consumers
    of community resources ever.


17
Success is one thing you cant pay for. You buy
it on the installment plan and make payments
every day.
18
(No Transcript)
19
How old will you be tomorrow?
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