IPRO seminar – hosted by CAIM with keynote speaker Professor Andrew Burke

CAIM hosted a very interesting and thought provoking seminar on 28 March 2017 with the keynote address from Professor Andrew Burke, Dean of TCD School of Business and Chairman of the Centre for Research on Self-Employment (http://www.crse.co.uk/) – the London-based IPSE international think tank on freelancing.

Professor Burke is a champion of the benefits of freelance professional experts to industry, economies and the experts themselves, and he has carried out extensive research and provided high level advice to governments on the subject.

Companies engaged in innovative projects usually need temporary access to specialist skills, and self-employed experts are an ideal source. Freelance professionals facilitate innovation in industry, which is a catalyst for economic growth. The construction industry relies heavily on contract professionals, transforming fixed costs into variable costs and allowing building companies to tender competitively for multiple projects.

A key element of his analysis is the distinction to be made between freelancers struggling to earn a living wage, who may need state protections, and professional high earners – the IPROs – whose value and ability to thrive depends on being free of restrictions and entitlements.

Prof. Andrew Burke
Prof. Andrew Burke

CAIM members are committed to being IPROs

Pat Byrne
Pat Byrne

Introducing the event, CAIM founder and chairman, Pat Byrne, explained that CAIM is a specialist group within the wider IPRO community, and the seminar was an opportunity for many of the IPRO groups, IPRO users and prospective new IPROs to meet and exchange ideas.

“CAIM members are committed to being IPROs, many serving a portfolio of clients and others on more conventional single-client, fixed-term assignments.”

Pat explained that even within the CAIM network of FCAs, members have diverse skills and experience. This is reflected in CAIM’s four core service or expertise offerings, namely:

  1. Financial mangement in all its variants
  2. CEO and general management
  3. Fundraising support for expansion and refinancing
  4. Governance, risk and internal audit support

He also indicated that CAIM members were relaxed whether they are hired directly by the client CEO or Board, or through referral from the various intermediaries in the room, be they chartered accountancy firms, legal or other professional firms or executive placement partners.

Professor Burke’s comments were recorded and can be viewed below:

The growing economic impact of IPRO sector in Ireland

CAIM member John Eager presented a fascinating analysis of a survey of the CAIM membership which provided useful insights into the value created by the IPRO sector.

John’s slides are here: CAIM iPRO event Economic Impact presentation

John Eager
John Eager

A personal journey from corporate director to IPRO

Of great interest to those contemplating becoming an IPRO was Barry Doyle’s account of his personal journey from full time corporate financial director roles to the more interesting, varied and remunerative life of an IPRO with a small portfolio of clients.

Barry’s slides are here: CAIM iPRO Member Story 28.3.2017

Barry Doyle
Barry Doyle

Running in the background during the networking part of the seminar was a slideshow of the bios of many of the current membership.

CAIM Member Bios PDF

The participants enjoyed some useful networking before and after the speakers.