Thompson Media Group, LLC, originally established as Thompson Publishing Group, Inc. was founded in 1972 by Carl DeMaio. It is a privately-held media company that specializes in providing compliance, regulatory, and market information through its four operating units: Thompson Publishing Group, The Performance Institute & American Strategic Management Institute, AHC & BioWorld, and Sheshunoff Information Services, A.S. Pratt, & Alex Information (collectively, SIS).[1][2] Thompson Media Group, LLC, is based in Washington, DC. Thompson Media Group LLC established their name during reorganization in 2011. [3]
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Thompson was founded under the name of Thompson Publishing Group in 1972. Thompson was reorganized under the name Thompson Media Group LLC (TMG) in 2011. [4]
Thompson Publishing Group, Inc is a privately-held law and education books publishing company that was founded in 1972 by RIchard E. Thompson and based in Washington, DC. [5] Thompson Publishing Group publishes subscription-based regulatory & compliance information. [6]
Thompson Publishing Group, Inc. provides regulatory compliance information for professionals in business and government through books, loose-leafs, newsletters, audio conferences, Web subscription products, and email advisory alerts. The company also operates HR Compliance Online.com, an online solution for HR and benefits administrators that provide information on fair labor standards act, domestic partner benefits, family and medical leave act, workplace retaliation, consumer-directed health care, Americans with disabilities act, 401(k) plans, fringe benefits, employee handbooks, and flex benefits. [7]
Thompson Publishing Group publishes books that focus on regulatory compliance advice for professionals in health care, human resources and other industries. [8] Their predominant areas of publishing are:
In 2007, Thompson Publishing Group, now Thompson Media Group acquired The Performance Institute and The American Strategic Management Institute from founder Carl DeMaio. The Performance Institute is a private, non-partisan think-tank in the United States that specializes in improving government results through the principles of performance, transparency and accountability.[9]
The Performance Institute & American Strategic Management Institute (ASMI) are leading independent providers of executive-level conferences, training programs, consulting, & training for government employees. From its headquarters in Washington, DC, PI specializes in performance measurement, management, process improvement, project management, human capital, & financial management. [10]
Called “the leading think tank in performance measurement for government” on the Office of Management and Budget’s ExpectMore.gov site, The Performance Institute has been a leader in Performance Management Training and Policy since the 2000 Transition. [11] As part of the Performance Coalition, a group of good government associations, the Institute worked in 2000 to deliver recommendations to the then-new administration on the management agenda. In 2008, the Institute is leading the Transitions in Governance Project, another research coalition and research effort with the purpose of providing recommendations for the future of performance management for the upcoming administration change.
The Performance Institute has published several research reports regarding performance management Initiatives, and trains over 10,000 government managers a year on performance-based topics. Dedicated to improving citizen services and taxpayer transparency, the Institute uses a best practices foundation to deliver the most effective and tested methodologies for improving performance.
The Performance Institute certifies government managers through their Government Performance Manager Certification program.[12] This represents the core of the Institute’s values and a dedication to transparent, accountable and transparent government. The value of this certification is reflected in its reputation among government organizations as a requirement for advancement in planning disciplines. The Performance Institute is dedicated to institutionalizing performance management in government, and believe that those who complete the program will be the voices for effective change, measurable progress and a government that delivers excellence to its citizens.
The Institute’s services include research and consulting, in addition to national conferences, training, certification, and policy forums.[13] These services are provided to the federal, state, and local governments and are aimed at supporting the ultimate goal of promoting best management practices and achieving results. The subjects of their research and conferences range from performance management, financial management, human capital, acquisition and sourcing, information technology, project management, law enforcement, social and youth services, process improvement, the environment, and administrative management.
The Performance Institute has partnered with several other organizations to create the "Transitions in Governance 2008" project, with the goal of presenting the next administration with recommendations for performance management based on lessons learned in the last eight years.[14] Federal management issues include electronic government, the federal workforce and human capital, financial management, governance, program performance, and sourcing and acquisition. The members of Transitions in Governance coalition are the Performance Institute, the Partnership for Public Service, IBM Center for the Business of Government, the National Academy of Public Administration, the Council for Excellence in Government, Mercatus Center at George Mason University, the Association of Government Accountants, the Center for Innovation in Public Service, American University ISPPI at the School of Public Affairs, American Society for Public Administration, Professional Services Council, Reason Foundation, the Coalition for Effective Change, the CNA Corporation, Digital Government Society, and Federal Times.
The Institute is part of the Washington DC-based Government Performance Coalition, an alliance of diverse organizations united in their focus on continual improvement of the results the federal government delivers for the public. The members of the Coalition work individually and collectively to develop greater understanding of results-based management of organizations and people. Members support programs and publications that promote debate and learning about how to improve implementation of these strategies, help government leaders and staffs improve their skills and knowledge, and offer advice to government.[15]
In August 2006, Thompson Publishing Group acquired a leading provider of healthcare information products AHC Media. AHC Media' operates as a publisher of health care newsletters in the fields of clinical medicine, health care management, biotechnology, and medical devices. The company was founded in 1974 and is based in Atlanta, Georgia.[16] AHC also provides accredited continuing education for physicians, nurses, & pharmacists. [17]The combined company has a diverse portfolio of publications and services representing more than 350 print and electronic products as well as hundreds of conferences serving approximately 135,000 customers.[18]
In 2005, Thompson Publishing Group acquired Sheshunoff Information Services (SIS; Austin, TX) from company founders Gabrielle Sheshunoff, other management and investment firm Austin Ventures (Austin, TX).[19]
Sheshunoff Information Services, A.S. Pratt, & Alex Information (collectively, SIS), founded in 1972,[20] is a print and electronic publishing company that provides information to financial and legal professionals in the banking industry, as well as training and electronic solutions for financial institutions. SIS was founded in 1971 by Alex and Gabrielle Sheshunoff,and is based in Austin, TX.[21] The company became recognized for providing guidance and analysis to the banking industry. In 1988 Thomson Media, a division Thomson Reuters, acquired the company. Separately, the Sheshunoffs began publishing AlexInformation products. In 1995 SIS acquired A.S. Pratt & Sons. Established in 1933, "Pratt's Letter" is believed to be the second oldest continuously published newsletter in the country behind "Kiplinger's Washington Letter," which began publication in 1923. A.S. Pratt is a provider of regulatory law and compliance work solutions for the financial services industry.[22] Gabrielle Sheshunoff returned in 2004 to unite the AlexInformation, Sheshunoff, and A.S. Pratt brands.