Strategy 2021-2025
IBE Purpose
To champion the highest standards of ethical behaviour in business.
We do this by:
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Advocating the importance of ethical behaviour in business based on ethical values
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Advising and educating businesses and business leaders on how to behave ethically and how to ensure their people behave ethically
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Undertaking research and thought leadership in support of the application of ethical values at all levels of organisations.
Our goals
- To increase our influence and raise our profile with business and business influencers
- Be recognized as the authority on business ethics and the ’go to’ organisation for information and advice in the field
- To grow our supporter base*
- To increase our income from advisory work and corporate training*
- To achieve annual surpluses of at least 5% of turnover in order to build sustainable reserves and invest in delivery of better services
- To develop a strategy to extend our international reach
* The board will set specific targets for growth each year
We support these three objectives through:
FINANCE
- Our goal is to increase income and achieve annual surpluses of at least 5% of turnover in order to build sustainable reserves and invest in delivery of better services
- We will look to increase our supporter base through targeted recruitment campaigns. Annual recruitment targets will be agreed with the board of trustees
- Annual fees will be kept under review annually
- Other potential sources of funding will also be kept under review
PEOPLE
- Our people are our greatest asset – and 70% of our costs
- We should recruit the best talent available, provide appropriate reward, training and development and progression where possible
- To achieve our target income from advisory work and corporate training we will need to expand our resources in a flexible way, meaning the recruitment of a network of ‘associates’ who will be paid on a contract basis.
TECHNOLOGY
- Technology will increasingly be the main way we deliver our product; our knowledge will be delivered via our website, apps and social media; events and training will be delivered via webinars and online learning systems
- Investment in technology will also be necessary for the effective management of services and our supporter-base
- Priorities will include:
- Fully implementing the new website and Customer Relationship Management (CRM) system including access to supporter-only content
- Reviewing our IT support providers
- Implementation of Office 365
- Replacing old servers with cloud-based storage
How will we measure success?
Key performance indicators will be based on:
- Regular supporter satisfaction survey
- Stakeholder benchmark survey
- Supporter retention and recruitment rates
- Range of media and social media statistics
- Achieving our financial targets