{"title":"Financial Impact of COVID-19","authors":"Steve M. Graves","doi":"10.1287/orms.2021.03.11","DOIUrl":null,"url":null,"abstract":"Graves discusses the financial impact on INFORMS from the pandemic and the challenges they face looking forward. The good news is that INFORMS started 2020 in excellent financial health with a substantial reserve, and they have not needed to make any major cuts to any of their operations. The biggest financial impact of COVID-19 has been on their meetings, with both the Analytics Conference and Annual Meeting going virtual in 2020. This affected attendance and registration fees, as well as increased our operating costs. The biggest financial impact of COVID-19 has been on their meetings, with both the Analytics Conference and Annual Meeting going virtual in 2020. This affected attendance and registration fees, as well as increased our operating costs. INFORMS may need to explore some new revenue sources;if you have any ideas, please pass them along.","PeriodicalId":446128,"journal":{"name":"Volume 48, Number 3, June 2021","volume":"115 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Volume 48, Number 3, June 2021","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1287/orms.2021.03.11","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
Graves discusses the financial impact on INFORMS from the pandemic and the challenges they face looking forward. The good news is that INFORMS started 2020 in excellent financial health with a substantial reserve, and they have not needed to make any major cuts to any of their operations. The biggest financial impact of COVID-19 has been on their meetings, with both the Analytics Conference and Annual Meeting going virtual in 2020. This affected attendance and registration fees, as well as increased our operating costs. The biggest financial impact of COVID-19 has been on their meetings, with both the Analytics Conference and Annual Meeting going virtual in 2020. This affected attendance and registration fees, as well as increased our operating costs. INFORMS may need to explore some new revenue sources;if you have any ideas, please pass them along.
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