In 1975, a group of managers from professional service firms met to discuss the need for a new association devoted exclusively to the management challenges at their firms. It was decided that the purpose of the Professional Services Management Association would be “to improve the effectiveness of professional service organizations through the growth and development of business management techniques.” The specific objectives of PSMA were quoted in Engineering News Record (ENR) as to “provide a forum for the exchange of ideas and information, establish guidelines for approaches to common management concerns, increase the recognition of the value of good business practices, and improve service to clients.”
The group of people who were involved in the establishment of PSMA included managers from accounting, architectural, construction management, development, engineering, environmental, laboratory, legal, planning, public relations, management consulting, research and surveying firms. Their common concern was the lack of a forum that focused on their issues; their common vision was an organization that would deal solely with management of professional service firms. This was the “glue” that held together this uncommon blend of managers.
Its mission is: “PSMA is a not-for-profit, member-supported organization that exists to foster the development of leaders and managers and in AE industry by promoting best practices, corporate stewardship, effective leadership and free exchange of ideas.”