Our Vision

Our vision is to be the de facto voice of turnaround and transformation. The membership operates in situations requiring rapid, profound and radical change.

The Institute has a number of initiatives including its own Academy, the world's first practising certificate in turnaround and transformation, and a new initiative with Lloyds Banking Group to support SMEs.

TRANSFORMATION SUPPORT FOR SMEs

Running a business goes hand-in-hand with challenge. Organisations that are successful over a long period of time tend to be those that are well led, by people who have the attitude that problems should be faced up to and dealt with decisively. Lloyds Bank Business Support has chosen IFT members to provide its challenged SME customers with access to a new service that gives them an IFT lifeline.

It is a template that may be adpated and customised for other, blue-chip banking brands.

For more information about how this initiative is helping SMEs click here

IFT ACADEMY

IFT is developing its own Academy, for the next generation of turnaround and transformation practitioners.

The Academy offers a defined training route, through the demonstrable acquisition of core competencies, and an appreciation of turnaround and transformation culture.

In so doing, we aim to professionalise and increase the pool of talent that is available to deploy in situations where urgent, profound and radical change is required.

The programme runs for 18 months, and gives participants a structured grounding and insight into organisational turnaround and transformation. It consists of six integrated modules:

  1. Business Insight and Turnaround
  2. Customers, Innovation and Brand
  3. Implementation
  4. Financial and Human Capital
  5. Turnaround and Restructuring
  6. Public and Third Sector Turnaround and Transformation

By creating an Academy, we meet all of IFT's strategic aims:

  • To be representative and inclusive
  • To create a turnaround profession and to professionalise turnaround
  • To be generous with our time and expertise

For more information about the IFT Academy, contact us

IFT PRACTISING CERTIFICATE

IFT has the world's first Practising Certificate in Turnaround and Transformation. This is the 'gold standard' of membership, and is only granted to accredited members who:

  • Take company-side directory-type roles
  • Do not take insolvency appointments
  • Complete more than 20 hours of structured continuing professional development activities per year
  • Have professional indemnity insurance
  • Are independently audited on a six-year cycle