In today's fast paced and exacting business environment, an ongoing learning and development process is in truth indispensable to ensure individuals sustain and increase knowledge and skills in order to be successful, the ability to learn faster than the competition is an important source of competitive advantage.
Promoting and maintaining public confidence in Turnaround Professionals is one of IFT’s primary roles. Underlying this, CPD activity is an essential requirement for maintaining the high levels of professionalism in the industry and providing confidence in standards of performance. The IFT Code of Ethics places an onus on members to undertake relevant CPD activity in order to maintain their membership of the Institute.
CPD is not a box-ticking exercise focusing merely on a set numbers of hours’ activity, but a process aimed at ensuring members undertake quality development each year. It should be targeted towards your professional duties, broad enough so that there is room for improvement, relevant to how you perform, and structured so that maximum benefit can be obtained. CPD should be looked on as an ‘investment in yourself’, enabling the development of new skills, professional abilities, assimilation of new thinking and greater efficiency.
Provided that the time is spent on Turnaround education, there are lots of ways to amass CPD. For example, preparing case studies for IFT use; writing articles for our marketing; delivering and preparing CPD sessions as well as attending them; a minimum of an hour at members’ meetings; reading IFT Professional Information Notes or practitioner articles in Swift, some committee work, careers lectures, accreditation interviews…the list goes on and do contact the IFT Executive if you’d like to check any aspect of your CPD.
Click here to download the IFT Guide to Continuing Professional Development
The required minimum CPD is: