Investment Recovery Association

Click here to Subscribe to Asset 2.0. The only publication exclusively for the Surplus Asset Professional

 

 

Investment Recover Association. Promoting Professional management of Surplus Assets

ASSET 2.0: VOL. 4, 2009

IR Consulting and Ethics

 
 
 
 President's MessageAre You an Advocate?
Association President Dave Rupert, CMIR, discusses advocating for the issues you are passionate about including global sustainability and health care reform. "How we advocate our positions and react to change will no doubt impact our futures–globally, nationally and within the Investment Recovery Association." Read the rest of this article... 

 
 
When "Doing More With Less" Becomes an Opportunity  Sometimes  contracting IR professionals can be a win - win for both parties. Investment recovery (IR) departments are historically understaffed, and today’s economic downturn has exacerbated the issue. The corporate mantra of “do more with less” has made it difficult for many programs to provide the level of service to which their customers and clients are accustomed. Read the rest of this article... 
 
TRUST US... We Know Antitrust Antitrust policies protect both the associate member and the individual members of the association Trade associations, which, by their very nature involve interaction among competitors, are subject to close scrutiny for antitrust violations. Criminal sanctions for inappropriate behavior have increased substantially over the past decade (up to $10 million for corporations and $350,000 and three years in jail for individuals!), so members must be very careful to keep their activities within the prescribed bounds. Read the rest of this article... 
 
CMIR's Take Ethics Pledge  Adherence to the code of ethics promotes confidence in the professionalism of our members Ethical and professional conduct are  the hallmarks of those achieving Certified Manager of Investment Recovery status. Below is the pledge that almost 200 CMIRs have taken upon completing their coursework and passing the required examinations.
 

Gordie Chennell Wins Bell Aliant Achievement Award Gordie Chennell takes scrap wire sales from zero to $750,000, wins Bell Aliant Achievement Award Late in 2007, it was identified that Bell Aliant had not recovered any salvage dollars for scrap wire or wire pulled from service from large tear-down projects. Gordon Chennell, operations  manager-materials, started on a fact-finding mission that led to the development of a new business process to ensure Bell Aliant received reasonable returns on the sale of this scrap wire. 
   
 
 
 Download the complete issue Asset 2.0 Volume 4 - 2009