Phi Lambda Sigma
- Company typePrivate
- Founded1965
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Phi Lambda Sigma firmographics
Firmographics- Name
- Phi Lambda Sigma
- Legal name
- Phi Lambda Sigma
- Website
- https://philambdasigma.org
- Company type
- Private
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Phi Lambda Sigma industry classification
Industry- Product category
- Professional Honor Society
- NAICS
- Professional Organizations (813920), Business Associations (813910), Business, Professional, Labor, Political, and Similar Organizations (8139)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Executive Leadership & C-Suite Development (EDABAAAA)
- akta.pro secondary industries
- Association & Society Conference Management (Nonprofit, Professional Bodies) (THAHACAA), Executive Summits & Invitation-Only Forums (MPAGAGAK)
Keywords
Where Phi Lambda Sigma is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Phi Lambda Sigma business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Dues: Phi Lambda Sigma generates revenue through membership fees from collegiate, professional, and alumni members. Professional membership transition is free upon graduation.
- Donations and Fundraising: The organization accepts donations through various tiers (Slate $25, Silver $100, Gold $500, Emerald $1000) and specific campaign targets supporting leadership development programs.
- Merchandise Sales: The society operates a merchandise shop selling official PLS merchandise including the 60th Anniversary commemorative items.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Phi Lambda Sigma product offering
Product offeringCore offering
Phi Lambda Sigma is the international pharmacy leadership honor society that recognizes pharmacy leaders through peer-recruited membership at 138 chapters across US and Canada pharmacy schools, and delivers leadership development programming including the GiANT-based Leader Academy, annual Leadership Summit, workshops, and an annual awards and scholarships program. The society operates as a non-profit membership organization funded by member dues, donations, and merchandise sales, and is governed by an elected Board of Directors and supported by a small national staff.
Product overview
Phi Lambda Sigma is an international pharmacy leadership society organized as a membership-based organization rather than a technology product company. The society offers a portfolio of leadership development programs, recognition awards, and member services including: the PLS Leader Academy (a multi-month GiANT-based leadership training program), annual Leadership Summit conferences, GiANT leadership workshops (5 Voices and 5 Gears), the PLS Pill content platform, standardized chapter operations resources, the Universal Member Selection Process, and approximately 14 national awards/scholarships. These products work together to fulfill the society's mission of recognizing pharmacy leaders and cultivating leadership development.
Differentiator
Problem solved
Functional benefit
Products and services
- Phi Lambda Sigma Membership Membership society offering collegiate, professional, and honorary membership categories for pharmacy leadership recognition and development, selected through peer recognition at 138 chapters across the US and Canada.
- PLS Leader Academy
- GiANT Leadership Training Sessions Leadership workshops built on the GiANT framework, including 5 Voices (personality and communication) and 5 Gears (time management) training sessions for chapter members.
- Annual Leadership Summit Annual leadership conference featuring workshops, networking, the Chapter Innovation Poster Session, continuing education credits, and a Certificate in Global Leadership for pharmacy leaders.
- Universal Member Selection Process Standardized membership selection framework offering Process A (application and interview) and Process B (application only), with evaluation rubrics for consistent, bias-reduced member selection across all chapters.
- Awards and Scholarships Program Portfolio of national awards and scholarships including Chapter of the Year, Charles C. Thomas Founder's Award, Mary L. Euler Lifetime Leadership Award, PLS-AFPE First Year Graduate Scholarship, Chapter Member of the Year, Outstanding Chapter Advisor Award, and various travel and development awards.
- Chapter Development Awards (i-LEAD and LEAD) Twice-yearly development awards supporting chapter leadership initiatives, including the Interprofessional Leadership Engagement and Development (i-LEAD) Award for interprofessional collaboration and the LEAD Award for chapter engagement projects, with awards up to $3,000.
- Annual Leadership Challenge Annual funding opportunity for chapters to pursue leadership initiatives aligned with yearly themes, with $500 individual and $1,000 collaborative submission prizes (Charles Thomas Leadership Challenge).
- Phi Lambda Sigma Merchandise Store Official online store selling Phi Lambda Sigma merchandise, including commemorative items such as 60th Anniversary products, branded apparel, and accessories.
Companies that use Phi Lambda Sigma
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Phi Lambda Sigma technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Phi Lambda Sigma partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- American Pharmacists Association (APhA) FoundationcoreAPhA Foundation established the Charlie Thomas Scholarship as part of their Student Scholarship Program in partnership with Phi Lambda Sigma. The $1,000 scholarship honors Charles C. Thomas, RPh, FAPhA, founder of PLS. The scholarship is presented annually to one recipient.
- GiANT (Media and Content Development Company)coreGiANT specializes in leader transformation and development. PLS utilizes GiANT's tools and resources including 5 Voices and 5 Gears frameworks for member leadership development. PLS provides members access to GiANT Leadership Corner resources.
- Procter & GamblecoreProcter & Gamble provides generous support for the Mary L. Euler Lifetime Leadership Award. The award is given annually to an individual exemplifying leadership qualities in support of the pharmacy profession, with a $1,000 donation made to a charity of the recipient's choosing.
- Pharmacy Leadership & Education Institute (PLEI)coreCollaborates with Phi Delta Chi (PDC) and PLS on the Albert B. Prescott Leadership Award, recognizing excellence and leadership potential among early career pharmacists within 10 years of their career.
- Phi Delta Chi (PDC)coreCollaborates with PLEI and PLS on the Albert B. Prescott Leadership Award, conceived by PDC in 1987 to recognize excellence and leadership potential among early career leaders in pharmacy.
- America 250 CampaignminorNon-partisan initiative honoring America's history and future. PLS encourages chapters to participate in the campaign by recognizing civic heroes within the pharmacy profession and highlighting key pharmacy milestones in preparation for the 2026 Semiquincentennial.
- American Institute of the History of Pharmacy (AIHP)minorAIHP reviews nominations from PLS chapters and uses data to create an Internet-accessible map and archive of pharmacy history. PLS encourages chapters to submit historical findings to AIHP.
- Joint Commission of Pharmacy Practitioners (JCPP)minorJCPP chose 'Pharmacy Collaborating for a Healthy America' as their message for the 2026 Semiquincentennial. JCPP invited member organizations to engage in celebrating, civic engagement, and commemorating pharmacy milestones.
Scale indicators3 records
Recent moves10 records
Expansion highlights5 records
Phi Lambda Sigma competitors and assessment
Company assessmentBroad incumbents
- American Society of Health-System Pharmacists (ASHP): National professional association for hospital and health-system pharmacists with student society chapters and leadership academies. Overlaps with PLS on pharmacy-student leadership development at scale.
- American Pharmacists Association (APhA): Largest national professional association for pharmacists, running its own leadership programming, awards, and student sections. Broad incumbent in the same profession that PLS targets with a more focused leadership-development niche.
- National Community Pharmacists Association (NCPA): Trade association for independent community pharmacists with student chapters and leadership programming across US pharmacy schools. Comparable in serving pharmacy-student leadership-development needs.
Direct peers
- Lambda Kappa Sigma (LKS): International professional pharmacy fraternity chartered at pharmacy schools with leadership, professional development, and sisterhood programming. Direct comparable in the pharmacy-student chapter model.
- Kappa Psi Pharmaceutical Fraternity: Largest professional pharmacy fraternity in North America, operating collegiate and graduate chapters at pharmacy schools. Competes for the same student-leader pipeline and offers parallel leadership development.
- Phi Delta Chi (PDC): Professional pharmacy fraternity with chapters at schools of pharmacy, co-awarding the Albert B. Prescott Leadership Award with PLS. Targets the same pharmacy-student population with leadership development as a core offering.
- Rho Chi Society: National pharmacy academic honor society operating chapters at US schools of pharmacy with peer-recognition-based membership. Most direct peer to PLS in mission, structure, and chapter-based pharmacy-student model.
- Alpha Zeta Omega (AZO): Professional pharmacy fraternity with chapters at US schools of pharmacy, providing leadership, brotherhood, and professional development programming. Comparable chapter-based pharmacy-student membership model.
Emerging players
- Order of Omega: Likely exists as a Greek-letter honor society recognizing leadership in fraternity/sorority members across universities; relevant analog to PLS's leadership-recognition focus across organizations.
- Phi Beta Kappa: Oldest and most prestigious academic honor society in the US, operating chapters at liberal arts and research universities. Useful analog for PLS's chapter-based, peer-recognition leadership model at much larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Phi Lambda Sigma social profiles
Digital presencePhi Lambda Sigma financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phi Lambda Sigma leadership team
Management profileNumber of profiles
Profiles13 records
Phi Lambda Sigma funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phi Lambda Sigma M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phi Lambda Sigma
What does Phi Lambda Sigma do?
Phi Lambda Sigma is the international pharmacy leadership honor society that recognizes pharmacy leaders through peer-recruited membership at 138 chapters across US and Canada pharmacy schools, and delivers leadership development programming including the GiANT-based Leader Academy, annual Leadership Summit, workshops, and an annual awards and scholarships program. The society operates as a non-profit membership organization funded by member dues, donations, and merchandise sales, and is governed by an elected Board of Directors and supported by a small national staff.
Is Phi Lambda Sigma a public or private company?
Phi Lambda Sigma is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Phi Lambda Sigma founded?
Phi Lambda Sigma was founded in 1965. It employs 11 to 50 people.
Where is Phi Lambda Sigma based?
Phi Lambda Sigma is headquartered in Washington, United States, in the North America region.
How does Phi Lambda Sigma make money?
Three revenue lines are on record. Membership Dues are the primary driver. The others are donations and Fundraising and merchandise Sales.
Who are Phi Lambda Sigma's main competitors?
Broad incumbents on record are American Society of Health-System Pharmacists (ASHP), American Pharmacists Association (APhA) and National Community Pharmacists Association (NCPA). Direct peers are Lambda Kappa Sigma (LKS), Kappa Psi Pharmaceutical Fraternity, Phi Delta Chi (PDC), Rho Chi Society and Alpha Zeta Omega (AZO). Emerging players are Order of Omega and Phi Beta Kappa.
Does Phi Lambda Sigma have an API?
No public API is recorded for Phi Lambda Sigma.
What industry is Phi Lambda Sigma in?
Phi Lambda Sigma's product category is Professional Honor Society. Its primary akta.pro industry code is EDABAAAA, Executive Leadership & C-Suite Development, with a secondary code of THAHACAA, Association & Society Conference Management (Nonprofit, Professional Bodies). Its NAICS code is 813920 and its SIC code is 8600.