Institute News
need updating. Consequently, Lynette Gill our admin manager, may get in touch.
As I mentioned, it was a fairly congested Council agenda which stimulated considerable discussion and debate and it was almost 1.30pm before the meeting concluded.
Future operation Following lunch, I hosted a meeting with the regional
Chairman’s notes -
On page 14 of the journal, there is an article on Adam Smith, author of The Wealth of Nations and father of modern economics. There are two particular points about Adam Smith I would like to make: a) From an ‘efficiency practitioner’s’ perspective, perhaps the most notable feature of Adam Smith’s thinking, which differed from economic thought prior to his book’s publication in 1766, is the statement of natural liberty. He believed that, ‘man’s self interest, is God’s providence’ and held the view, that if government abstained from interfering with free competition, industrial problems would work themselves out and the ‘practical maximum of efficiency’ would be reached. He applied the same philosophy to international relations and concluded from this, his argument for free trade. b) In 1751 Adam Smith was appointed professor of ‘logic’ at Glasgow University. I think most would agree that ‘logic and common sense’ appear to be in fairly short supply today. Perhaps if such positions were re- established, we could all learn that life can become less complex and, the quality of that life, better as a consequence. Alas, I doubt it will ever happen!
Recognition and celebration In the summer edition of the journal I advised that the
Chairmen to engage them in discussions on the current and future operation of the Institute. I also wanted to explore how members at region level could perhaps contribute to the Institute at a higher level. The meeting was very constructive and helpful and I was impressed by the general enthusiasm and commitment to what we are trying to achieve. From the feedback I’ve
Institute’s Council of Management was keen to recognise and celebrate success and had agreed to initiate a silver medal for Student of the Year. This to be presented along with the current certificate and monitory award. As a continuation of that
theme, I can now advise that Council have agreed to present Past Chairmen of the Institute with medals, as a small memento for their period as Chairman and in recognition of the contribution they have made to the Institute. These will be presented at an appropriate event sometime next year.
received, I can say with some conviction that the meeting was mutually beneficial and I have asked each Chair to explore, with their respective Boards, how they can assist the Institute at a higher level and support our overall strategy. My thanks to Harry Hogg, Ray Martin, John Hopkinson and Malcolm Towle. The meeting was concluded just after 4pm. All in all, Friday 19 October
Stakeholder Management article:
References available
Management Services Winter 2012
5
was a very busy, but productive and certainly rewarding day. However, thankfully not every day in the life of the Institute Chairman is the same! Finally, as we are coming up to the festive period, can I take this opportunity to wish you and your family a very happy Christmas and a prosperous and productive New Year. Dr Andrew Muir
For the references to Michael Howitt and Dr John McManus’ article on Stakeholder Management: An instrument for decision making (Autumn 2012 issue), please email editorial@
msjournal.org.uk.
Election of new
Council Officers for the ensuing year
President – Lord Thurso Chairman – Dr Andrew Muir Deputy Chairman – Julian Cutler Company Secretary – Dr John Lucey Treasurer – David Blanchflower
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48