Post on 03-Jan-2016
transcript
Robert Hodgkinson, Executive Director, Technical
Thought Leadership
Aim of presentation
Share ICAEW thought leadership experience
Why ICAEW does thought leadership
Why ICAEW does thought leadership
• A profession is built upon a body of knowledge
• Professional institutes inspire public confidence in their members' knowledge
• A profession's body of knowledge needs to develop and respond to a changing world
• The ICAEW charter requires it to 'advance the theory and practice of accountancy'
• ICAEW acts as a bridge between academics and practitioners
What thought leadership involves
What thought leadership involves
• Commitment to long-term programmes
• Identification of continuing themes
• Belief in the benefits of diversity and collaboration
• Willingness to learn from experience and evidence
How ICAEW does thought leadership
How ICAEW does thought leadership
• Programmes that cover activities of ICAEW and all its faculties
• Input and oversight from members and non-members
• Interaction of practitioners and academics
• ICAEW events and participation in non-ICAEW events
• Papers written by ICAEW staff, independent academics and others
Benefits of thought leadership
Benefits of thought leadership
• Practical input to a wide range of academic research
• New insights and appreciation of different perspectives
• Guidance that members can apply in practice
• Access to governments, regulators and public policy making
• Confidence in our institute, qualifications and members
Examples of ICAEW thought leadership
Examples of ICAEW thought leadership
• Annual Information for Better Markets conferences
• 'Measurement in financial reporting' and 'Developments in new reporting models'
• Audit Quality Forum work on national application of international standards
• 'Alternatives to audit' and 'Sustainability: the role of accountants'
• 'Reporting with integrity' and 'Instilling integrity in organisations'
Challenges of thought leadership
Challenges of thought leadership
• Policy makers and other practitioners like certainty
• Some activities and results are not popular with everyone
• Some organisations' thought leadership is of poor quality
• It is difficult to take account of differing national circumstances
• Effective engagement requires substantial resources
Summary of presentation
Summary of presentation
• Thought leadership is fundamental to professional institutes
• A long-term commitment to developing knowledge is needed
• There is a wide range of potential benefits from thought leadership
Discussion points
Discussion points
• Relevance to CICPA of ICAEW thought leadership experience
• Opportunities for CICPA and ICAEW to work together