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Book 2 - Appraisal Institute of Canada

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CEO REPORT<br />

Revisiting the three Rs<br />

Georges Lozano, MPA<br />

AIC Chief Executive Officer<br />

In primary school, we were always taught<br />

that mastery <strong>of</strong> the three Rs: ‘reading, ‘riting,<br />

and ‘rithmetic’, was essential to achieving<br />

success in the business world. Today, pr<strong>of</strong>essional<br />

associations similarly need to achieve three<br />

different Rs if they want to succeed. Unlike other<br />

times, when associations were founded primarily<br />

on member loyalty, today, although loyalty is<br />

much valued by associations, success is measured<br />

by the relevancy, recognition, and resources<br />

associations achieve.<br />

For the <strong>Appraisal</strong> <strong>Institute</strong> <strong>of</strong> <strong>Canada</strong> (AIC),<br />

it is no different and the activities that AIC<br />

is undertaking are aimed at these targets.<br />

Relevancy and recognition are objectives that<br />

are important from both an internal or member<br />

perspective, and externally. Associations need<br />

to provide their members with programs and<br />

services that are relevant and benefit them in<br />

their pr<strong>of</strong>essional lives. Externally, successful<br />

associations need to be relevant to their<br />

stakeholders and be seen by them to play a<br />

valuable role. Recognition follows relevancy<br />

and organizations that are relevant are usually<br />

recognized for that by their members and the<br />

public alike.<br />

The third R – resources, are essential to any<br />

organization if it is to achieve its objectives.<br />

Resources include financial, human, and others<br />

such as information and strategic resources.<br />

Associations, in particular, rely heavily on<br />

human resources in the form <strong>of</strong> the volunteers<br />

that provide leadership and support for their<br />

programs and activities.<br />

AIC has addressed these three Rs in recent<br />

years in a variety <strong>of</strong> ways. Achieving recognition<br />

for the membership as the leaders in real<br />

property appraisal and related advisory services<br />

has been a top priority. As you are well aware,<br />

communications and marketing have been the<br />

focus <strong>of</strong> much <strong>of</strong> our work. This summer will<br />

mark the launch <strong>of</strong> the new marketing program,<br />

and activities will be undertaken on a regular<br />

basis to promote the <strong>Institute</strong>, its members, and<br />

the AACI and CRA designations across <strong>Canada</strong>.<br />

While communications and marketing may<br />

have been the most visible activity, much work<br />

has gone into making improvements to the<br />

program <strong>of</strong> pr<strong>of</strong>essional studies and related<br />

pr<strong>of</strong>essional resources. Our quality standards<br />

continue to be increased to ensure that the<br />

caliber <strong>of</strong> pr<strong>of</strong>essional associated with the<br />

<strong>Institute</strong> compares favorably with other toptier<br />

pr<strong>of</strong>essions. In this respect, over the past<br />

months, a new pr<strong>of</strong>essional final examination<br />

has been put in place consisting <strong>of</strong> a multipart<br />

integrative written exam and a pr<strong>of</strong>essional oral<br />

interview. Together, they are the final admission<br />

requirements that Candidates must fulfill to<br />

achieve pr<strong>of</strong>essional designation.<br />

Designated members now have<br />

more options than ever to develop<br />

their pr<strong>of</strong>essional careers, with a<br />

great variety <strong>of</strong> continuing education<br />

courses that include many new<br />

specialty areas. Career development<br />

has been emphasized as an important<br />

part <strong>of</strong> pr<strong>of</strong>essionalism. The We Value<br />

<strong>Canada</strong> workshop introduced over a year<br />

ago has assisted many non-designated<br />

and designated members in planning their<br />

careers. The Pr<strong>of</strong>essional Practice (formerly<br />

Standards) seminar has been updated and<br />

enhanced. Pr<strong>of</strong>essionalism and quality control<br />

were also addressed through the development<br />

and introduction <strong>of</strong> the Candidate Registry a<br />

couple <strong>of</strong> years ago. It has been well received<br />

and recognized by stakeholders as a mark <strong>of</strong><br />

pr<strong>of</strong>essionalism <strong>of</strong> the <strong>Institute</strong> and its members.<br />

Recognition is earned. As the saying goes: by<br />

their deeds you shall know them. In this respect,<br />

AIC has been working diligently to enhance its<br />

standards, education, and pr<strong>of</strong>essional practice<br />

program, among others, to ensure that AIC<br />

members will command the highest respect and<br />

recognition by their peers and clients.<br />

AIC wants to be<br />

relevant to its<br />

members first<br />

and foremost<br />

and, as such,<br />

there are<br />

many initiacontinued<br />

on<br />

page 14<br />

12<br />

Canadian Property Valuation Volume 52 | book 2 | 2008 Évaluation Immobilière au <strong>Canada</strong>

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