Institute of Directors
Purpose: The
Institute of Directors aims to represent the views of company directors to government when it is reviewing policy, to
help directors in their professional development and to assist directors to develop their ideas in a manageable way.
Membership: Individual directors join the organisation. There are 55,000 members in the UK
and there is a local network structure as well as a worldwide network of members. The IOD
claims that over the last five years, membership has grown by over 11,000
members and includes directors from many sectors of the economy - from media to
manufacturing, e-business to public sector. Members are represented in 92% of
FTSE 100 companies, whilst 70% of its members are directors of small and
mid-sized enterprises.
Founded: 1903
Based: 116 Pall Mall London,
the IOD also has offices in Edinburgh, Nottingham, Manchester, Birmingham,
Belfast and Bristol.
Structure:
The day-to-day running of the Institute is managed by the executive directors,
headed by the director general, Miles Templeman. The IOD also has a board of
directors, comprising executive directors and non-executives directors,
including the chairman and two deputy chairmen and the IOD council, which
includes regional representatives.
Director General:
Miles Templeman
Chairman:
Dr Neville Bain
IOD Policy Team:
The team covers a
wide range of policy areas, including transport, energy and education. Graeme
Leach is the IOD's chief economist and director of policy. Patricia Peter is
head of corporate governance & employment.
Activities: To fulfil
its objectives it provides training, conferences and publications to its
members on all the major policy issues effecting them as well as provide public comment on their behalf. Training courses
can lead to achieving the Certificate and Diploma in Company Direction and can be the first step towards the Chartered Director qualification. IOD
also regularly undertakes surveys of its members to find out their views and how they are reacting to policy areas.
Local branches keep members informed of IOD events in the area and local business issues. Branches also organise a range of
events which provide opportunities to meet with fellow members.
Position towards government: If there is an area of government policy that effects business
then the IOD can be relied upon to comment and will praise as well as criticise the government of the day.
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Institute of Directors
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