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In business as in life, changes and challenges are the rule
not the exception. How individuals and organizations react to such
events determine if the outcome is success, failure, or
somewhere in between.
The year 2007 tested the IBOAI and Amway Global with
new changes and challenges that made the partnership between
the two organizations stronger than ever. In fact, prior to
the October meeting, the IBOAI and Amway Global signed a new
contract that reaffirmed their close working relationship.
Throughout the year, the Association and the
Corporation drew from their occasionally different
perspectives to develop and begin implementing significant
changes to transform the business and elevate it to greater
levels of success. Based upon the core goal of helping more IBOs
make more money sooner, the Board provided key input to
Amway Global that resulted in:
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A burst of new marketplace-driven products,
including the sensational Simply NUTRILITE™ and
ARTISTRY® essentials product lines.
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New advertising spokespersons, such as Gabby
Reece, as well as event sponsorships to drive
more consumers to IBOs and new sales kits and
training to help IBOs turn those consumers into
customers.
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And an all-new Amway Global Business Incentives
Program that features rewards for new IBOs and
increased cash awards for IBOs at all different
levels.
At its October meeting, the Board continued to
review and fine-tune with Amway Global the many
transformation initiatives under development for
'08, '09, and beyond. The Board also elected Bill
Hawkins Chairman and Bob Andrews Vice Chairman of
the Executive Committee for 2008 and announced the
newly elected Board members starting three-year
terms in January: Howie Danzik, Jim Dornan, Jody
Dutt, Shivaram Kumar, Steve Woods, and Dan Yuen.
As is customary at the closing session of the
October meeting, the Joe Victor Leadership Award was
presented to a deserving Board member. The 2007
recipient was outgoing Chairman Jim Janz, who also
was appointed to the IBOAI's Governance & Oversight
Committee. The Board also lauded Amway Global Executive
Vice President Jim Payne on his commitment and
contributions during recent years and welcomed Steve
Lieberman, Amway Global's new Managing Director.
Copyright 2008.
Source: January 2008 Achieve® magazine. Reprinted
with permission.
Click here to see the full January 2008 Achieve®
magazine
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