A QUICK UPDATE OF THINGS YOU SHOULD KNOW...
1. Members feel they are not getting value for money from their ever-rising fees.
Less support, fewer events, lower Region/ Division/Group budgets, fewer issues of PE.
2. Members unable to get a clear picture of where our money goes due to confusing and complicated Annual Accounts.
Confused/ ill-informed trustees. Poor decision making. Inability to hold Executive to account.
3. Free cash reserves are dangerously low and near the Charity Commission’s minimum threshold.
Member events may have to be cut further. May be forced to mortgage/sell Birdcage Walk (as noted in 2017 accounts!).
4. Member’s fees being used to purchase small, risky companies, some of which are competing with member’s own engineering interests.
Inappropriate, high risk investments. Needs management skills incompatible with charity management. Conflict of interests.
5. Reputation has been badly scarred due to failure of the Institution owned training company, Amber Train.
Professional standing put into question. Institution less able to speak with authority to Government/ other Engineering bodies.
6. £Millions have been spent on outside advisers, legal fees, strategy advisers and acquisition consultants
Inappropriate use of charitable funds. Less money for member activities.
7. A small group of trustees plus the CEO are dominating the brief to the Trustee Board making decisions very biased.
Executive and Trustees ignore member views. CEO, not the elected members, drives the agenda. Council ignored.
8. The CEO’s military background gives preference to top down, leadership style of management rather than a bottom up, membership consultation-led style of management.
Staff are constrained from engaging with Members.
Route for member’s views blocked.
9. The CEO’s previous roles resulted in published observations like cronyism, big spends on consultants, clashes with union membership leading to votes of no-confidence.
Staff morale badly affected. More key staff leave.
Members will be reluctant to give freely of their time to serve the Institution.
10. Senior long-serving loyal staff members have left and engineering capability has been lost in favour of strengthening marketing and digitisation projects.
The Institution is less able to engage with members on engineering matters. Esteem within society on engineering matters badly affected.
11. Notice for Special Meeting seen as not even-handed and heavily biased.
Voting members in danger of being ill-informed.
12. Reaction from many quarters has revealed how out of touch are our Trustees with the members.
Executive and Trustees live in a Birdcage Walk “bubble” remote from active members.
YOU MUST USE YOUR VOTE. THIS IS A UNIQUE MOMENT IN OUR HISTORY. WE NEED YOUR HELP TO RESCUE YOUR INSTITUTION.
Vote AGAINST Motion 1
Vote FOR Motions 2 to 6