Recently, PPAI announced that it was going to establish a for-profit company to bring technology solutions to the industry. It did exactly that by launching a company called iServCorp which manages its newly launched DailyBoost service.

This comes from PPAI’s site:

“Enter ISERVCORP, a wholly-owned subsidiary of PPAI and a for-profit company, with a separate board of directors, a separate staff and a separate president/CEO to manage the company. The company currently is headquartered at PPAI offices in Irving, Texas, and except for some shared service agreements, operates independently of the Association, explains PPAI president, Steve Slagle.”

What are your thoughts on our industry’s non-profit association owning for-profit companies like iServCorp? Does this create a conflict of interest?

To take it a step further, how do you feel about them working to build this for profit company, with the associations time and money?

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