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Actionable Optionality—A New Norm for TMA

As Global Crisis Unfolds, TMA Membership Is a Necessity

I often talk about actionable optionality and the things that keep us fresh and vibrant as an association. And in that, I speak to vision, creativity, and how our leaders and members are creating new experiences that support the power of member value and the TMA brand.

A few weeks ago, having attended the TMA Southeast Regional Conference, I confirmed something amazing that is becoming an emerging TMA trend. As I connected with members who participated in this August classic—hosted by TMA Carolinas, Florida, Atlanta, and Alabama Chapters—I met many first-time attendees, including new members and non-members who were curious about TMA.

Seeing new faces at our major events has been noticeable for some time, but I also witnessed another exciting development—greater participation of members from other areas of TMA Nation in regional opportunities like the TMA Southeast event.

The conference opportunity, for example, boasted participation from members in Connecticut, Chicago, Indianapolis, Houston, New York, Toronto, and Southern California. What this says, loud and clear, is that connectivity through TMA is being experienced and appreciated in an entirely new way.

I give our chapters a huge amount of credit for making this phenomenon come to the forefront, not just because of the events they hold with companion organizations in the space, but for the power hours and cross-chapter programming that has extended TMA chapter connectivity beyond boarders and seas.

This integration has ignited a new wave of opportunity and appreciation for what it means to be better together through TMA. This value proposition transcends all aspects of our organization—from membership growth to sponsor visibility that extends beyond regions, exposing sponsor brands to more people than ever before.

I witnessed this development both at the NextGen Leadership Conference, with participation from the members of 20 chapters, and at the SoCal-NoCal pure networking extravaganza that gathered participants from all over the U.S. and as far away as Germany.

Another emerging trend that sets us apart is how our education has become practical and useful, offering our professionals real-life takeaways. TMA’s educational offerings empower participants in their practices with webinars focused on litigation valuations and practice tips in navigating the WARN Act, along with our Boot Camp that drills the basics of important skills necessary for a turnaround engagement.

At The Annual, set for October 3-6 in San Francisco, we will talk about climate change and municipal rebirth—both critical issues that our professionals will need to address when engaging with clients in a dynamic economic landscape.

It’s a time of great change at TMA, and that change is driven by members like you.

I share these developments so, like me, you are motivated to become part of the optionality that continues to define our actionable organization—always in motion as we raise the bar on member value wherever TMA goes.

Thanks to all of you for being on the precipice of TMA’s revolution. It is helping to shape the ever-emerging story of TMA Tomorrow and shows what makes us #bettertogether and #TMAProud!

Scott Stuart

Scott Y. Stuart, Esq.
TMA Global CEO
sstuart@turnaround.org
@TMA_CEO

Scott Y. Stuart, Esq.

Scott Y. Stuart, Esq.

TMA Global CEO

Scott Y. Stuart, Esq., is the Chief Executive Officer of Turnaround Management Association, a professional community of 10,000 members that seeks to strengthen the global economy by working save distressed businesses, assist management to navigate off-plan events, and help healthy companies avoid similar pitfalls. He brings nearly 30 years of experience in the restructuring, legal, and distressed investment sectors and has a proven track record of building, growing, and leading successful companies, from corporations to startups.

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