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201512 CM December

The CICM magazine for consumer and commercial credit professionals.

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OPINION<br />

ANNUS MIRABILIS<br />

(WITH APOLOGIES)<br />

By Philip King, Chief Executive of the<br />

Chartered Institute of Credit Management<br />

WHAT an incredible year it has<br />

been. So much has happened;<br />

so much has been achieved.<br />

A true Annus Mirabilis – a<br />

Wonderful Year.<br />

Of course our elevation to Chartered<br />

status at the start of the year set the tone<br />

for what followed. Outwardly, it changed<br />

our name. It made us ‘look’ different to<br />

the outside world, and we celebrated<br />

by refreshing our brand. But it has done<br />

much more than this. On the one hand, it<br />

has changed the way that others see us;<br />

perhaps more importantly, it has changed<br />

the way we see ourselves.<br />

Our members have a voice, and we<br />

are increasingly using that voice to make<br />

ourselves heard in government across<br />

many departments, from the MoJ and<br />

the Insolvency Service to HMRC and the<br />

Cabinet Office. This work is ongoing,<br />

and engagement with our colleagues<br />

including the new Ministerial team at the<br />

Department for Business, Innovation and<br />

Skills (BIS) will continue throughout 2016<br />

as we are consulted on direction and<br />

policy.<br />

Often we share a platform with other<br />

business organisations, and have the<br />

opportunity to share our thoughts, insights<br />

and opinion with the national, local and<br />

business media, and this work similarly<br />

continues. We are invited to take part in<br />

many different consultations and initiatives<br />

with interested third parties, and this will<br />

also continue as people and organisations<br />

learn more about who we are and the value<br />

that we can bring.<br />

As a Chartered Institute, serving<br />

the needs of our members remains our<br />

number one priority. I am pleased to say<br />

that we continue to maintain and grow<br />

our membership, and that many more are<br />

seeking training and formal qualification<br />

through the CI<strong>CM</strong>. More members<br />

are recognising the importance<br />

of staying up to date, informally<br />

through reading this magazine<br />

(which itself improves with every<br />

issue) and our regular briefings, as<br />

well as more formal learning, and<br />

recording it using our Continuous<br />

Professional Development (CPD)<br />

Scheme. A scheme which now also<br />

applies to all forms of CI<strong>CM</strong> learning.<br />

Third party research is now underway to<br />

help us better understand our members,<br />

their needs, and their aspirations. Please<br />

respond to the survey you will receive<br />

early in 2016; the results will help us set<br />

the blueprint for the next few years and<br />

it’s important we have as wide a range of<br />

views as possible.<br />

At a corporate level too we are seeing<br />

more companies recognising the benefits<br />

of CI<strong>CM</strong>Q – the benchmark for quality<br />

excellence in credit management – and<br />

greater numbers seeking accreditation and<br />

re-accreditation on a regular basis. We<br />

are also seeing more companies taking<br />

advantage of other initiatives that enable<br />

us to work even more closely with the<br />

industries we serve, such as our Corporate<br />

Partnerships.<br />

We know that we are hitting the mark,<br />

quite literally, because we can monitor the<br />

number of hits to our new website as well<br />

as the numbers of those who engage in<br />

our quarterly Credit Managers Index (<strong>CM</strong>I);<br />

and through our social media channels<br />

indeed more than half a million visits were<br />

recorded this year of visits to our website<br />

as the go-to destination for credit-related<br />

resources, which is extremely pleasing<br />

for those who work so hard to ensure<br />

members and non-members alike have<br />

access to the sort of information they need<br />

to support their ongoing development.<br />

I have talked previously about<br />

the CI<strong>CM</strong> community – a community<br />

that informs, supports, and drives<br />

professionalism, and I see it everywhere<br />

I look. In 2016, of course, we want to<br />

do more, and with the support of our<br />

fantastic Headquarters staff, and our<br />

volunteers who do such sterling work in<br />

the branches, I am sure we can achieve it.<br />

As individuals, find ways to become even<br />

more engaged where you can, either by<br />

attending branch meetings or standing for<br />

election to our Advisory Council. Respond<br />

to surveys so we can see and hear what<br />

you’re thinking, and how we can take<br />

our great organisation and make it even<br />

better for our members. And think too<br />

about what more you could do to support<br />

new members, those starting out as<br />

apprentices or at university, helping them<br />

to carve a professional career in credit<br />

management.<br />

But for now, let us celebrate all that has<br />

been achieved in 2015. From everyone<br />

here at CI<strong>CM</strong> headquarters, I wish you all<br />

a Merry Christmas and a Happy New Year.<br />

12 <strong>December</strong> 2015 www.cicm.com<br />

The recognised standard in credit management

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