Final Design of NRHS New Business Model Now Available
In June, a special committee was charged by the NRHS Board of Directors to create a new business model that would a) stabilize the society’s financial situation and b) transform NRHS into a modern society with a vital purpose. After working through the summer, the final results of the New Business Model Committee can now be publicly viewed and downloaded by visiting https://admin.nrhs.com/public//
Significant Changes Coming As NRHS Stands at a Crossroads
Nearly 80 years after its founding, the NRHS stands at a crossroads. Just as the railroad industry transformed itself to adapt to changing times, so too must the NRHS form a new identity to survive. The society can no longer sustain itself with the same financial and membership model that has been used since 1935. Cost-cutting alone is not enough.
As a result, we have formed a New Business Model Committee that will design a concrete vision for our future, including a new financial model that provides long-term stability while strengthening our core mission of rail preservation. In September, this new model will be presented to the NRHS Board of Directors. The board will then make their final decision to approve or reject the new business model. See the complete story here.
2014 NRHS Election results Announced
The 2014 NRHS Election results were announced August 25 and Al Weber, District 6 Director, was named president for the 2014-2016 term of office. He will succeed Greg Molloy, who has served as president since 1994. Weber and all newly-elected NRHS board members will take office during the November 14-16 Fall Conference in Johnson City, TN.