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NCMA Top 40 Under 40 inContract ManagementPresented to the NCMA Board of DirectorsMarch 24, 2012By: Cassandra Manos, Whitney Million, and Jacob Ruytenbeek
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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
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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
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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)
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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
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Milestones
Announce the initiative at World Congress July 2012Call for nominations and articles at GCMC and online November 2012Candidate nomination process opens November 2012Nominations close January 2013Selection Committee begins the review process January 2013Committee selections submitted to NCMA March 2013Articles Due March 2013Article sections submitted to NCMA May 2013Selectees Announced May 2013Special Edition of the CM Magazine is released July 2013Awards Presented at World Congress July 2013
Committee Continuity Planning June 2013Planning for 2013 T40 U40 Begins July 2013
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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
– E-mail / Monthly Conference Calls
• CM Magazines Advertisements
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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.
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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?
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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
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Resources RequiredResource Budget
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 2012
None
Graphic artist to design the logo Staff hours
1/2 page of space in upcoming CM Magazines $300
Assistance with posting information to the NCMA website
Staff hours
Awards or Awards Budget $600
Staff monitoring the [email protected] email account (to be created)
Staff hours
Assistance with Chapter Outreach Staff hours
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Contact InformationCassandra Manos, CFCM, CCCMBattelle Memorial InstituteOffice: (410) 306-8554Mobile: (443) [email protected]
Whitney MillionBAE SystemsOffice: (423) 578-6078 Mobile: (423) [email protected]
Jacob RuytenbeekU.S. Air ForceOffice: (310) 653-2745Mobile: (818) [email protected]