1. Annual Business Meeting May 7, 2004

2. The State of HRLF Paul Hvidding, President

3. Our Mission "The HR Leadership Forum is a learning community of senior HR leaders building healthy organizations by sharing best practices and promoting member interaction."

4. Our Values 1.The invitation to engage in intellectual curiosity through exploration of cutting-edge topics and proactive questioning 2.The positive impact of diversity and its relationship to expansive thinking 3.The bridge (and disconnects) between theory and practice 4.The need for emotional support in a trusting environment 5.The synergy created by bringing together practitioners, consultants, and others who offer valuable insights to the management of people issues 6.The intellectual engagement of all members as HR thought-leaders regardless of organizational affiliation

5. Learning Community 20032004 Total members 125 128 New members 33 37 Sponsors 8 12

6. Sharing Knowledge and Best Practices Eight monthly programs covering diverse topics Access to HRPS Affiliate website/presentations Discounted HRPS dues for new members Discounted registration in HRPS Teleconferences $50 subscription to online Business Book Reviews

7. On-Target Programs Average Program Attendance –2003 = 64 –2004 = 53 Overall Meeting Evaluation –2003 = 4.5 –2004 = 4.6 Usefulness –2003 = 4.3 –2004 = 4.4

8. Financial Status Approved as 501(c)(6) tax-exempt entity Cash on hand as of April 30: $35,902 Cash Flow (July1, 2003 thru April 30, 2004) –Revenue = $49,098 –Expense = $32,859 –Net = $16,239 Sponsors contributed $14,650 to support programs Dues will remain level at $350 for 2004 – 05

9. Membership Survey Results 58 Responses (45% of members) Overall Satisfaction –Satisfied (79%) –Somewhat Satisfied (12%) You value a wide range of topics, with somewhat higher preference for topics such as: –Management & Leadership –Current HR Trends –Strategic Planning

10. Membership Survey Results You generally understand the role of and appreciate the support of our sponsors You identified the need to improve the website and member communication You somewhat value benefits such as the SRG online library, but awareness is relatively low You are excited about future possibilities and gave us some good ideas

11. 2004 – 05 Initiatives Design programs and events that better reflect HRLF values and member interest –Add 2 evening socials in September and June to create a 10-month calendar of events –Increase the number of “name” speakers Create efficiencies by revising Board structure –Form an Executive Committee and operationalize by year end –Broaden role of Communications Committee to Marketing

12. Open Mike Session Comments/Q&A’s

13. Board Election Fran Gillen Chair, Nominating Committee

14. Election Process Board appoints Nominating Committee Committee solicits nominations from membership Board approves resolution endorsing slate of Director and Officer candidates Committee announces slate to membership Dues paid members as of May 7 eligible to vote Quorum of 25 necessary

15. Election of Directors 2004 - 06 Rodney Hertz - Systems Plus, Inc. Paul Hvidding - National Rural Electric Cooperative Association (2004 – 2005) Ellen Kollar – US Department of Veterans Affairs Don Laing - Tenix Holdings, Inc. Burgess Levin - HumanR Misti Mukherjee - Odin, Feldman & Pittleman, P.C. Maryanne Roy - Consumer Electronics Association

16. Election of Officers President (Two-year term) - Misti Mukherjee –Odin, Feldman & Pittleman, P.C. Vice President (One-year term) – Maryanne Roy –Consumer Electronics Association Treasurer (One-year term) – Don Laing –Tenix Holdings, Inc. Secretary (One-year term) – Ellen Kollar –U.S. Department of Veterans Affairs

17. Board of Directors 2004 – 05 Officers and Committee Chairs Misti Mukherjee - President Maryanne Roy - VP Don Laing - Treasurer Ellen Kollar - Secretary Burgess Levin – Programs Angela Spicer - Membership Tom Wimer – Marketing Deborah Hoover – Sponsorship Other Directors Jackie Blanchard Betsy Friedlander Juan Gonzalez Rodney Hertz Paul Hvidding Penny Prue Jane Shore

18. Other Business

19. Outgoing Directors Louise Foreman Fran Gillen Nancy Kuhn Leigh Shields Beth Yingling Thank You!!

20. Annual Meeting Minutes Board Proposal –Each year, Secretary would present Annual Meeting minutes to Board in July Board Meeting for adoption on behalf of membership –Upon adoption, post minutes on website Motion from floor

21. Membership Campaign, 2004-05 Nancy Kuhn Chair, Membership Committee

22. Sign up Today! Goal is 138 members Renew by today – eligible for raffle for Border’s gift certificate Renew by June 30 – eligible for raffle for refund of $175 (half of dues)