The future of the IET

What will the IET look like when it celebrates its 150th anniversary in 2021? It’s a question that has been given careful thought by the Institution’s leaders in recent months.

There has been good progress made since the “Strategy for the 21st Century” was launched in late 2009. Last year, the Board of Trustees could see foundations in place for a growing and increasingly relevant IET, and therefore decided that the Institution’s strategic horizon should be extended to 10 years, which will take it forward to its 150th anniversary milestone.

This 10 year strategy has been developed in consultation with the Main Boards and Council, and was agreed in May 2012.

President of the IET Mike Short said: “I’m excited about the future of the Institution as we strive to offer a stronger professional home for our members and build further on our indisputable source of essential engineering intelligence for members, government and others. I am confident that we are heading together in the right direction and I look forward to talking to members about this over the coming months.”

Four key drivers

At the heart of the 10 year strategy are four key drivers:

VALUE: how can the IET improve its value proposition, better serve people’s needs, and increase engagement?

KNOWLEDGE: as content becomes commoditised, how can the IET continue to support engineers and technicians in making the right decisions?

INTERNATIONAL: how can the IET support an international engineering and technology community?

AGILE: how can the IET react more quickly to changing member and customer needs?

IET Chief Executive Nigel Fine said: “Everything we do will be based on these four key drivers. As we work toward our new vision of leading the development of an international engineering and technology community, sharing and advancing knowledge to enhance people’s lives, they will become even more important. This 10 year strategy continues the development of the Strategy for the 21st Century launched in 2009, which builds on our strengths and focuses on our seven strategic priorities.”

Full details

Much more information is available via a PowerPoint presentation and brochure, which are both on the Strategy webpage (member access only).

Delivering the strategy

Realising the Strategy for the 21st Century involves IET members and staff working together on a series of activities and projects.

Members and staff will continue to use the IET’s annual planning round to review the achievements of the previous year and agree plans for the following year, ensuring that they are delivering on the strategy.

Get involved

If you have any questions or ideas, please email strategy@theiet.org.

There will also be a MyVoice webcast on the Strategy for the 21st Century on 3 September. This is an opportunity for members to find out more about the strategy and provide their feedback. Please visit www.theiet.org/myvoice for more information.