APICS Board Meeting Update - APICS Great Lakes Districtapicsgreatlakes.org/images/downloads/2017_SCC/apics_bod_update.pdf · [email protected] if you have a question about a specific

APICS BoardMeeting Update

Sean Dolan, Deputy General CounselGreat Lakes District MeetingFebruary 18, 2017

December 9, 2016 Meeting

2 © APICS Confidential and Proprietary

Confidentiality Notice

The materials and subject matter contained in this presentation are APICS Intellectual Property and are of a sensitive nature and as a result are privileged and confidential. Please do not post this presentation on public websites or share with the general public.

Please contact APICS Chapter Relations at [email protected] if you have a question about a specific slide.

mailto:[email protected]


Topics

1. Approved motions2. Finance report3. Strategic priorities update4. Products and services update5. CPIM Reconfiguration

Approved Motions


Approved Motions

The Board approved the following motions at the December meeting:

Approved the 2017 – 2019 Budget as presented at the December board meeting.

Approved the dissolution of the current APICS SCC Board of Directors and created the APICS Research, Innovation and Strategy Committee to provide staff recommendations regarding research and strategic direction/initiatives for APICS.


Approved Motions, cont’d

Approved the 2017 Leadership Team and 501c3 Board of Directors as follows: Steve Georgevitch, Chair Brad Householder Keith Connolly Antonio Galvao Shari Ruelas

Approved the 2017 Committee Chairs as follows: Ben Crawford, Courseware Committee Joanne Gorski, Certification Committee Keith Johnson, District Manager Committee Matt Drake, Academic Committee Ray Ernenwein, Research, Innovation, and Strategy Committee


Approved Motions, cont’d

Approved the 2017 Nominating Committee as follows: Bill Bickert, Chair Erica Benisch Antonio Galvao Mike Wasson Mark Holmes

Finance Report


YTD Oct-16 Results

$000s Omitted YTD Oct-16 YTD Oct-16B VarianceFavorable/

(Unfavorable)

Change %

Revenue 23,574 26,115 (2,541) (10%)

Operating Expenses

24,799 27,850 3,051 11%

Net OperatingLoss

(1,225) (1,735) 510 29%

Unrealized Gain/(loss)

488 0 488 n/a

Change in Net Assets

(737) (1,735) 998 58%


2017 to 2019 Budget Highlights

22,90124,031 23,709

26,65427,661 28,874

30,77032,946

35,173

+22.4% +4.9% -1.3% +12.4% +3.8% +4.4% +6.6% +7.1% +6.8%-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

20,00022,50025,00027,50030,00032,50035,00037,50040,000

2011 2012 2013 2014 2015 2016LBE

2017B 2018B 2019B

Revenue Trends

Revenue ($000s) % change vs. prior year

$2,883 $2,911

$977 $498

($774)($1,710)

($364)

$2,374 $3,251

12.6% 12.1%

4.1%1.9%

-2.8% -5.9%

-1.2%

7.2%9.2%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

(2,500)

(1,000)

500

2,000

3,500

5,000

2011 2012 2013 2014 2015 2016LBE

2017B 2018B 2019B

Net Operating Income (Loss) Trends

Operating Income ($000s) Operating Margin

Strategic Priorities Update

Digital Strategy


The Rise

Transformation Changing the way we do business

2016 - 2018

InnovationChanging the way business is

done2019 >>

Creating a “Future-Ready” APICS


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The New APICS.org Launched on December 12! Home Top 1/3 Home Middle 1/3


Updated Supply Chain Channel

Membership Strategy


Membership Strategy UpdateThe new membership model featuring Core and Plus memberships went “live” in July 2016.

New Professional members are joining as follows:

12% selecting Core membership

88% selecting Plus membership

Professional members are renewing at 55% Core; 45% Plus.

Significant member benefits have shifted from print to digital, including the APICS magazine and APICS Dictionary. Print versions are available at an additional charge.

China Strategy


China Priorities – Executive Summary Position APICS for revenue growth (via indirect and direct

channels), across the APICS portfolio, as appropriate.-Strategically expand channel partner base.-Further develop SCOR community to include large corporates, affiliates, sponsors, ambassadors and channel partners.

Continue down path to localize CPIM in Simplified Chinese to underscore long term growth and market share.

-Do the right deal, with the right partner, with a viable business model, that protects APICS intellectual property.

Manage the Financials-Ensure the China strategy continues to focus on building the corporate and individual markets, while being accretive to APICS.

Products and Services Update


CLTD Update: Very Strong Start!

Interest in the CLTD continues to be strong!

Total sales met our annual revenue projections in the first three weeks of launch and outperformed revenue projections for 2016.

CLTD marketing materials are available on C-Box.


Questions?

CPIM Reconfiguration

Update Overview


CPIM Task Force (formed 11/2015)

The CPIM Task Force was charged with:– Reviewing the current CPIM business model– Determining strengths and weaknesses of the program– Making a final recommendation for the number of CPIM exam

modules

The CPIM Task Force was facilitated by an external psychometrician– Conducted meetings to ensure all information, data and voices

were equally considered– Provided insight into the psychometric viability of options– Kept the task force focused on achieving their task


Total exam time vs. Time per question

CPIM

CSCP CSPMCPSD

CPA

CIA

CFECMA

CGFM

Series 7

CRISC

Blk Belt

PTCAE

Average

0.00

0.50

1.00

1.50

2.00

2.50

3.00

0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00

The complexities of CPIM are out of synch with other certification leaders.

75% of candidates who passed

BSCMnever earned

CPIM

Aver

age

Tim

e Pe

r Que

stio

n (m

inut

es)

Cumulative Exam Time (hours)


CPIM Task Force Outcome

Final CPIM Task Force Recommendation: The Task Force unanimously supported a change to the CPIM

configuration.

The Task Force voted in favor of a 2-module configuration.

The APICS Board of Directors approved this recommendation on July 30, 2016.


Benefits of Proposed Courseware Configuration

Learning System– Enhanced online experience for students: pretest, quizzes, activities,

videos/presentations on difficult topics, multiple posttests and practice exams. Exam Simulators to be rolled into the online Learning System.

Flipped Classroom Capabilities– Instructors and corporations can use online activities/presentations/quizzes

as assignments or as part of a “flipped classroom” approach (learn online, practice in class).

Social Learning– Additional tools for more social participation in online Learning System, such

as Announcements, “Ask the Instructor,” Group Discussion Activities, all within the Learning System that the students and instructors see.

Instructor Guide and PowerPoints for Classroom – Face-to-face, blended, live online.

Streamlined Learning Path– Anticipated certification to be completed within 9 months.


CPIM Learning System Delivery FormatsThe CPIM Learning System will support two different delivery modes, based on audience needs: (1) Self-Study and (2) Instructor-led. Online features that are available will vary to accommodate the delivery format.

Feature:(by Part)

Self-Study Version

Instructor-ledVersion

Announcements Class Roster “Ask the Instructor” Threaded Discussions

Pretest

Embedded e-Reader

Section Quizzes

Posttest

Practice Exam

Instructional Videos

Interactive Case Studies

Glossary/Flashcards

Resource Center

Partners will be offered instructor-led version, to support blended learning opportunities.


Reconfiguration of Exam Objectives

The BSCM exam would remain as a standalone exam expanded to 150 questions and 3 ½ hours to introduce new technology-enhanced item types.

The second exam would cover the content contained in MPR, DSP, ECO and SMR (weighing 25% each) through a sampling process that we currently use for existing exams and be expanded to 150 questions and 3 ½ hours.

The new exam configuration will remain psychometrically validated and legally defensible.

The CPIM body of knowledge would not change nor would the knowledge, skills and abilities the candidate is expected to master.


8/1 /16 Exam development changes begun

10/16 Begin development of new courseware

11/16 – 1/17 Detailed partner / Corporate socialization with developmental feedback

12/16 Announce pricing model and launch date for new configuration

o 03/17 Updated CPIM ECM available

o Q3-17 Courseware and new exam available for purchase*

Note: Current 4-exam (MPR, DSP, ECO & SMR), CPIM configuration will be maintained during YE 2018 to allow for candidate transition.

Visit: apics.org/cpim-update-timeline to view the timeline presentation.

* Estimated timeframe, subject to date change.

Draft CPIM Reconfiguration Timeline

https://www.brainshark.com/apics/vu?pi=zGnzPIcI0zPpFbz0&intk=437507807


Ensuring Successful Transition

Modules 2-5 as well as the new combined exam will be offered simultaneously during an extended interval providing individuals time to transition.

The 10-year exam expiration policy for legacy BSCM exams will continue to be honored.

Candidates will be assured to either begin or continue their CPIM pursuits.

For those who have passed a few exams, there will be less financial investment required to complete the legacy CPIM configuration.

For those who have passed a few exams, waiting for the new combined exam will require a review of material that they were already tested on.

Communication will be timed and distributed in a manner to avoid a potential “run on the market.”

Frequently Asked Questions


Frequently Asked Question

Q: How do you know that 75% of those who earned BSCM will never complete their CPIM? Perhaps a significant percentage of them are just in process.

A: What we said is "75% of candidates who passed BSCM never earned CPIM." This is based on the number of candidates who passed Basics between 2008 and 2016 and did not earn their certification. Certainly, some may be "in process," but we looked at 8 years, and the numbers have been very consistent.



Q: When should a student decide when to move to the two-part system versus current 5 modules, i.e. if they have taken two or three courses should they continue under existing format or switch to new system in fall?

A: If the student has only passed Basics, they may want to consider waiting for Part 2. If they have passed any additional exams, they will have to weigh the costs and time-line issues to determine their course.



Q: I was told current BSCM goes away Sept 2017, is that true?

A: In response to partner requests, the last date for BSCM Exams is now 12/31/2017. This is in response to partners who were scheduling Fall Basics classes because they didn't think they would be ready for a Part 1 class at that time. Courseware sales for BSCM will still end when the new Learning Systems are released (late August to early September), so careful inventory planning will be needed for the fall classes. We will not be accepting returns on legacy material after the sale of those materials end.



Q: What has caused the price of the Basics program and exam to be raised so high if it is covering the same material?

A: The addition of new technology-enhanced items while expanding breadth of coverage in a longer exam format contributes to the increase in price.



Is there an indication of the total number of days to complete Part 1 and Part 2?

How many hours are required by a teacher to teach part 1 and part 2 in the instructor-led program?

What will the classroom contact hours be for Part 1 and Part 2?

When we do weekly 3-hour classes, how many sessions for each?

My chapter teaches CPIM in the traditional weekly 3-hour weekday evening format. Will the sessions in the two courses be organized to fit this meeting frequency?

Do we know the time to teach each one of the 2 modules?


Answer

At the moment we are still drafting the materials so we do not have a definitive answer yet.

However, based on our initial estimates we expect the Part 1 class to consist of roughly 20 – 25 hours of class time. This would total as 7 sessions 3-hours in length, or 3 full days of instruction.

Part 2 will consist of roughly 35 - 40 hours of class time. This would total as 12 sessions 3-hours in length, or 5-6 full days of instruction. In total, for both Part 1 and Part 2 the 3-hour agenda would total 19 - 20 sessions and the full-day agenda would total 8-9 days


Complete Materials

Webinar

https://www.apics.org/sites/cbox/corporate/from-apics-corporate


https://www.apics.org/docs/default-source/cbox-general/apics-cpim-reconfiguration-partner-webinar-faqs.pdf?sfvrsn=2

https://www.apics.org/sites/cbox/corporate/from-apics-corporate

https://www.apics.org/docs/default-source/cbox-general/apics-cpim-reconfiguration-partner-webinar-faqs.pdf?sfvrsn=2

Thank You!

Documents

APICS Board Meeting Update - APICS Great Lakes Districtapicsgreatlakes.org/images/downloads/2017_SCC/apics_bod_update.pdf · [email protected] if you have a question about a specific