On a practical and operational level at IFI, our need for change was made especially poignant with the resignations of our two consecutive incoming presidents, who both underscored the fact that without a new and more sustainable structure, the next leaders of IFI are no longer in a position to take on the ever increasing demands of IFI as a not-for-profit business while maintaining their own professional practice
This has required of the Executive Board to ask fundamental questions around the IFI structure of a hands-on volunteer ExCom and Executive Board modal, which performs the day to day responsibility of all IFI operations. For our continuity and stability, this cumbersome structure must be re-assessed and modified. For this purpose and after much consideration, in March 2013, the Executive Board convened and appointed an independent committee we call the IFI Strategic Planning Committee (IFI SPC).
The IFI SPC has been formed as part of the 50th year review of IFI. It is comprised of distinguished Past Presidents from our Parliamentary Council, the incumbent President, a Regional Leader from Europe, along with a long standing Business Consultant to IFI from South East Asia and Oceania. These esteemed leaders are recognized for their contribution to the profession and to IFI over the past decades.
This group will conduct a thorough review of the existing organizational structure of IFI, the current membership and the wider IFI community which also includes, the public, government, practitioners, industry and academia. The IFI SPC will explore a number of alternative models to ensure continuity and stability to arrive at a vibrant, 21st Century model that will be financially viable, sustainable and relevant for an International Peak Body for the profession. With full input from you, our members, this committee will also review the nomenclature of IFI.
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