What to look out for at the IR Society in 2020!
Welcome to a new year and a new decade for all our IR Society members! As we prepare for another busy and packed year of activity and initiatives, I wanted to remind you of what to look out for in 2020.
The Society exists for two main reasons – to champion you, our members, and the fantastic work you are all doing in raising the standards in IR, developing best practice and driving professionalism within the sector. And second to raise the profile of IR more generally – act as the focal point for issuers and investors, and to represent your views to regulators, the government and the wider investment community.
Thought leader on important IR issues
We continue to keep our members updated with the excellent work of our policy committee, as we regularly engage with key industry bodies on important IR, regulatory and governance issues. Key initiatives for our policy work this year will include our global survey of the buyside on ESG disclosure and reporting expectations. This complements our IRO survey we conducted in 2019, so look out for this in the next few months.
Another important issue for our members continues to be MiFID II. Now two years post MiFID II implementation, and the effects on companies, particularly small and mid-cap continue to play out. This year we will be undertaking a research project in partnership with the London School of Economics to look at the impact of MiFID II on IR. If you would like to participate in our research project, please do get in touch.
Improving member resources
Our online knowledge bank is an important resource for our members to keep up to date with best practice as we face the changing dynamics in the capital markets, regulatory change and the increasing demands from responsible investors. Members across all markets and sizes have access to our best practice guidelines, event archive and much more. We are currently working on our toolkit for small cap members, to support the ‘growth market’ initiative which we launched last year.
Creating leading content and a new look for Informed
Informed is one our key member benefits, and members continue to enjoy the rich content and thought leadership our quarterly publication provides. Our Spring edition, due out in March will have a special feature on ESG as well as reinvigorated new look and feel to the magazine as we consider our own environmental responsibilities while remaining relevant to our readers. We always welcome new contributors and article ideas so do get in touch.
Relaunching our CIR for the new decade
Continuing professional development is key to the IR role as it grows in stature and professionalism, and in January 2020 we will be launching our updated CIR and ICIR study guides. To date we have almost 1,700 CIR passes in the UK and beyond and we are also very grateful for the support of our all our CIR partners who have successfully delivered the CIR in their respective markets. We look forward to building on our international collaborations as new groups and associations grow and seek the CIR as a benchmark for the investor relations profession.
Extending Society events to include the regions
In 2020 we will continue to broaden our offering to both our existing and new members across all markets and sizes. We have a busy events programme scheduled for this year, including our annual conference on June 23 (mark the date in your diaries!) and we’ll also be looking to deliver more events to our members outside of London, in the UK regional hubs. First stop Manchester in February, so do get in touch if you want to hear more and would like to attend.
Developing leaders in senior IR
As a Society we’re here to help every single one of you in your careers. Alongside our full calendar of courses for IR professionals at any stage of their career, the next DELIVER programme (Developing future leaders through investor relations) commences shortly. Deliver is aimed at high potential IROs who are seeking the next step up in their career. Furthermore, the Diploma in IR is a natural progression for those who have previously taken the Certificate in IR and have subsequently built up at least 5 years’ experience in IR or a related field. We are now taking registrations for our 2020 Diploma programme.
In professional bodies like ours, Fellows can play an important role in helping to promote professionalism, demonstrate best practice and raise awareness of the benefits of membership. They also hold invaluable experience and can provide a unique insight into the profession and the issues facing the sector in the UK and beyond. In 2020 we will be launching our Fellowship programme. We anticipate that these new Fellows will become a group of ambassadors for the Society and the IR profession and we hope you will become a part of it. In order to qualify to become a Fellow an individual must meet two or more criteria based on industry experience, longevity of membership and participation in IR Society activities. We’ll soon be publishing more details on this.
Build you IR career through mentoring
We are always looking at ways to help our members better and one way for an IR professional to develop their skills is through mentoring. This is something we are considering and will be running a pilot programme in 2020, so watch this space!
Building your IR network
We encourage networking at all our events and run regular networking events for members, including our IR lunches and Senior IRO dinners. We’re also planning plenty more networking opportunities at this year’s conference in June
So how can YOU get more involved in 2020?
Come along to one of our events, the 2020 calendar is online here
Get your creative thinking caps on and contribute to Informed
Look out for our monthly policy updates and calls for survey participation. We welcome your views!
Attend one of our courses. We have a full schedule here for all career levels
Want to join a committee? We’re always on the lookout for increased participation
Wishing you all a happy and healthy New Year, and we look forward to seeing you at the next event!
Laura Hayter, CEO, and the IR Society Executive Team
Published 9 January, 2020