|
PRESIDENT'S COLUMN UPDATE WEBSITE, April
1, 2011
As your current WPRA President this will be my last
update to you. As you know, the results of the
2011 Election process will be available early next week.
Although I chose not to run for the position again,
I am excited about what has been accomplished while
I was at the helm as your President and equally excited
for the next President. Along with this Board
of Directors, I have worked very hard to leave the WPRA
on solid footing for continued growth. 2010 was
a successful year on many fronts. The association's
bottom line is healthy. The 2010 WPRA World Finals
was a financial turnaround. Sponsor partnership
relations have increased. Open dialogue has been established
with many more rodeo committees. We have identified
and worked common interest areas with the PRCA. The
list goes on.
One of the big eye-openers for anyone being elected
to the Board as an Officer or Director is learning there
are many moving parts contributing to the WPRA's ability
to deliver a quality, professional product to our members,
rodeo committees and sponsors. There are equally as
many factors affecting those moving parts to result
in success. There are no magic answers or immediate
fixes. Let's look back at 2010!
Bottom Line - Net Asset Change of $89,000
One area, which I would like to elaborate on, is
the financial stability. This past Monday night (3/28),
the WPRA auditor took the Board of Directors through
a draft of the 2010 Financial audit. The results were
very good. The auditor was very pleased with all the
improvements made to both our business processes and
business decisions and the impact of them on the association's
bottom line. The WPRA has an audited change
in Net Assets of $89,000. I couldn't be more pleased.
By adhering to strict income, expense and budget
management discipline, your Board delivered results
by being financially responsible. This quite a testament
during economically challenging times.
World Finals Financial Turnaround - The World Finals
Achieved Breakeven
The WPRA World Finals is important to our business
mix. But, as all would agree, it needed attention
and changes. By changing the location, updating
the format, finding sponsors specifically interested
in that type of event, and applying the right resources
to drive all aspects of production, we have put it in
the position to stand on its own. It is now in
a position to get better, grow in a positive way and,
with time, contribute to the WPRA's bottom line.
Sponsor Partnerships - Growing
More corporations are considering the WPRA as an
opportunity. The economy has not been kind to
anyone and sponsors have definitely felt the impact.
Despite that, we have been very actively working with
sponsors to help them see the unique opportunity the
WPRA presents. The WPRA has gotten very focused in terms
of supporting and bringing more value to our current
sponsors, identifying new sponsors and providing creative
opportunities, which they did not have before. We are
pleased, our sponsor list grew in 2010 and we expect
more growth in 2011.
Open Dialog with Rodeo Committees - Leads to Improvements
for Competitors
A strategic decision to actively participate in
both the PRCA's Annual Convention and the Association
of Rodeo Committees has given us an opportunity to have
a dialogue with our many committees in a forum where
they are actively seeking information. These two key
events allow us to provide a clear and consistent message
to all committees. As an example, we have been focusing
on explaining the impact of ground conditions and what
it means to our members in terms of fair competition,
safety, and protecting their equine investments. It
was amazing to see the reaction of the Committees when
we told our story. In addition, the opening of
a one-on-one dialogue with both the DNCFR and Omaha
Committees is leading to sponsor opportunities which
should help the WPRA in future years.
Opportunities between the WPRA & the PRCA - Joint
Marketing Agreement
The Joint Marketing Agreement is an agreement between
the WPRA and PRCA to seek partnership with certain types
of sponsorship opportunities. Several joint pitches
have been made to date. One is actively going through
the contract stage at present time and new ones are
being lined up for the rest of the year. I am optimistic
the Joint Marketing Agreement will lead to more opportunities
and a stronger partnership with the PRCA.
I would also like to recognize and acknowledge the fantastic
job our staff and contract personnel have done over
these past two years. Directed by Janet Cropper, this
small group stepped up to the plate and delivered every
time they were challenged. Few members will ever
realize the tremendous effort and volume of work they
took on. I appreciate their professionalism more
than words can say.
In closing, the past 10 years serving on the Board of
Directors and the last two as President have been a
rewarding and memorable experience. As I go forward,
I'm sure there is some challenge within the sport I
can busy myself with. It is really all I know
how to do. So, until it crosses my path and I
have an opportunity to rodeo with you again, I wish
you all Happy Trails!
Sincerely,
Kathi Myers
PRESIDENT'S COLUMN UPDATE WEBSITE, February
1, 2011
It's hard to believe that we are nearing the halfway
point of the 2011 rodeo season. The cold weather rodeos
are in full swing. The deadline for this letter falls
prior to the final performance of the National Western
Stock Show in Denver, which is the first of the big
winter run. The historic Fort Worth Stock Show and Rodeo
is just beginning as I write this letter and will conclude
on Feb. 5. The great San Antonio Stock Show and Rodeo
will be in full swing by the time this issue of the
WPRN hits your mailbox. It is definitely an exciting
time as everything gets rolling in 2011. Stay up with
all the latest news and happenings at these great events
by checking out www.wpra.com.
January brought to a close the last of the ProRodeo
Circuit Finals and this issue of the WPRN features those
circuits and their barrel racing champions. I am sure
that all 24 barrel racing contestants who have qualified
through one of the 12 twelve circuits are all anxiously
awaiting their trip to the Dodge National Circuit Finals
Rodeo scheduled for March 31 - April 3. Oklahoma City,
Okla., will host the 25th annual DNCFR which will be
produced by ExpressLazy E Sports Productions and held
in the Oklahoma State Fair Arena (formerly known as
the Jim Norick State Fair Arena where the NFR called
home for 13 years, prior to moving to Las Vegas). New
to this year's roster of events will be a welcome reception
for all contestants, which will be held at the Cowboy
Hall of Fame and Western Heritage Museum. Sounds like
a great way to kick off a heavily contested weekend.
The DNCFR, with more than $525,000 in prize money, is
one of the richest rodeos in the world.
The March issue of the WPRN will feature stallions
enrolled in the WPRA's ever-growing Pro Elite Sire Incentive
(PESI) program. If you haven't enrolled in the PESI
program this is a perfect time for you to get it done.
The benefits and incentive payoffs are growing by leaps
and bounds. Don't miss out. You're leaving money on
the table nearly every time you compete at a WPRA event
if your horse is not part of this program.
Last month, Jerri Mann and I released a statement recapping
the efforts made by the current Board of Directors in
2010 to put the association in the black financially.
We are more than a bit proud of that turnaround. We
have increased the number of corporate sponsors from
7 to 27 in the last two years. We reduced the cost of
the WPRA World Finals by 97-percent. The Association
is on solid ground.
In January, you received a nomination ballot for the
upcoming WPRA Elections. This month you will receive
the final Election Ballot. Please exercise your voice
and your rights by taking the time to fill out the ballot
and mail it back by the deadline, which is on or before
Feb. 28. Please read the instructions carefully and
make sure it is addressed properly so that it gets to
the accounting firm and is counted.
As we stated before, there is still much to do. What
was most important during these last two years was to
generate a foundation we can now build upon. There are
many positions to be filled during this election and
it is up to you, the members, to fill them with those
you feel will be responsible to the growth, strength
and longevity of the WPRA, professional rodeo and women's
professional barrel racing and roping.
Travel safely during these cold wintry months. Best
of Luck to all of you. Until next month, Happy Trails!
PRESIDENT'S COLUMN UPDATE WEBSITE, January
3, 2011
The 2010 Wrangler National Finals is now in the record
books. This year's competition definitely created new
stories to be told. Congratulations to Sherry Cervi
for capturing her third world title and for breaking
an arena record! Congratulations to Jill Moody for once
again winning the average title, this time in record
fashion, and rising to the Reserve Champion title. The
2010 Wrangler NFR represented impressive and exciting
competition; to all competitors you made us all proud!
Barrel racing is indeed the most exciting part of the
rodeo. It was an amazing competition to watch. Be sure
to read all the details in this issue.
About the same time this WPRN issue hits your mailbox
you will also be receiving an Election Nomination ballot
for the upcoming WPRA elections. On this ballot you
will submit the names of fellow members you feel will
best represent your interests on the WPRA Board of Directors.
Please do not take this responsibility lightly. The
WPRA has been through some very challenging times over
the last few years. During the last year the WPRA has
been tested, and we will continue to be tested in 2011.
Your current Directors are strong; they have come a
long way in terms of understanding the issues and they
try to make right decisions based on balancing what
is good for the WPRA today and tomorrow. Remember the
Directors you elect (or re-elect) will be charged with
making sure this Association continues to be viable
for years to come. That is an important part of their
job.
While serving as President during this past term, my
main goals have been to establish stability, re-build
bridges where necessary and provide growth for our business
and with our industry partners. I am pleased and proud
to say we have achieved these three goals.
During 2010, your Board of Directors has specifically
focused on doing what was necessary to bring our finances
under control. We have reduced a six figure deficit
to nearly break even. We have learned to live within
our means and income streams. While this has been challenging
and certainly required hard trade offs (during tough
economic times), we are doing right by our Association
and taking our responsibilities very seriously.
In addition this past year, we have worked to over-deliver
benefits to our sponsors and to become better partners
to them. We have developed a diverse segmentation of
our properties so sponsors will have broader flexibility
and opportunity to touch the segments of our membership.
Please don't ever forget sponsors are a very important
part of our business plan. Sponsors provide dollars
based on the return of their investment. They will provide
dollars to the WPRA as long as they see a clear return.
Based on the foundation put in place in 2010, I am pleased
to say we will begin 2011 with a larger sponsorship
commitment than we have ever started a new season. This
is nothing to be taken for granted but a nod to the
hard work that has been done.
Next I firmly believe rodeo committees are the life
blood of the rodeo industry. The WPRA has worked very
hard to reach out to many committees and have constructive
dialog. We have talked with many one on one and to others
in groups through our participation in ARC (Association
of Rodeo Committees) and our presentations at the Round
Table Discussions at the PRCA Convention in December.
We do this to support them, to keep top of mind awareness
regarding where barrel racing fits in their rodeo and
to acknowledge the economic realities they are facing.
In addition we have tried to help them; as an example
we are trying to provide flexibility with ground rules
when needed so they can draw spectators, while being
thoughtful about our members' travel schedules. We have
also provided them with data about WPRA barrel racing
to help them make smarter decisions, particularly when
it comes to ground conditions.
Regarding relations with the PRCA, we also continue
our efforts to work with them to promote professional
rodeo through a co-marketing agreement, open dialogue
with ProCom and to align certain administrative functions
that affect both of our businesses.
Lastly, the needs of the WPRA membership base are very
diverse. Please know we keep that in mind when determining
support for programs to benefit you. This task alone
is a major undertaking and one that the Board of Directors
spends many hours scrutinizing. Decisions seem to be
easy for one segment but when all segments, budgets,
administrative implementation, etc. are taken into account
it becomes a whole different beast to tame. The task
of keeping it all flowing in the same direction for
a common end is challenging and the work necessary from
each member of the Board becomes very time intensive.
The newly elected (or re-elected) Officers and Directors
will be responsible for keeping the continuity flowing.
The doors of communication are open on many levels.
While more work is needed, the bridges have been rebuilt
and there is a foundation to grow from. Please remember
this when you are selecting, nominating and supporting
those who you wish to represent you.
There will be many positions on this Board open for
those of you who have strong opinions and commitment
to the WPRA. Please step up to serve so your voice has
a vote.
I hope that you are looking forward to the remaining
2011 season and to the best that the professional barrel
racing world has to offer by being a WPRA member.
Until next month, Happy Trails!
2010 WPRA President and Vice President's Report...
click here
|