Weekly Wrap – 17th July 2014

 

Hi I am Tom McLeod, Co-Founder of McLeod Governance.

This is what I would be thinking about this week.

By all accounts the Institute of Internal Auditors International Conference in London last week was a great success.

Geographical Spread of Institute of Internal Auditors Members

At the end of the Conference I had a brief Twitter exchange with the CEO of the Institute, Richard Chambers.

As you will see from the tweet, what we talked about was the coverage of the attendees at the Conference and then, by extension, the percentage of all Institute of Internal Auditors members and where they lived.

As Richard pointed out, 54% of all Institute member live in five countries, so that is approximately 97,000 members give or take a few that live in five jurisdictions.

Making the Institute More Representative

The purpose of today’s Weekly Wrap is to not question those statistics as such but more so to ask what can we do to help the Institute be representative of the global profession that is internal audit.

How can we make sure that the benefits of being part of the Institute, the challenges that the Institute presents to a professional and also the opportunities that we can improve the Institute can be expanded more broadly outside those five countries that represent the majority of members.

What is it that we can do collectively?

One of the suggestions that I raised was that perhaps we should be giving thought to having an International Conference not only face to face but a virtual conference as well.

By that way we can seek to reach out to as many people interested in the profession as possible.

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