Strong Performance announced for 2010

One of the strongest financial results in the history of the Institute was announced at the AIM Annual General Meeting held on Tuesday 24 May 2011.

Chair of the Board of AIM, Wayne Patterson FAIM, announced a 2010 group surplus of just over $1.5 million, up 191 per cent on the 2009 result.

The financial performance for the period January to December 2010 reflects the underlying strength of the Institute and its broad range of operations which include membership services, management and leadership training, the Management Excellence Awards, Management Books, Management Press, Management Diagnostics and the Institute's award winning subsidiary TheCyberInstitute Pty Ltd.

Mr Patterson said that after the challenges presented in 2009 by the global financial crisis, the Board's focus in 2010 was on leveraging the capabilities of the Institute and providing an expended range of services to members and the broader management community.

"Facilities at Management House in Spring Hill and AIM Gold Coast at Robina were upgraded to provide a hub for managers," he said.

"Specialist teaching and breakout areas were created for the AIM Executive Learning Centre, the dining room and buffet facilities were upgraded and additional learning technologies such as iPads and class voting systems were incorporated into teaching programs.

"AIM Gold Coast premises at Robina were enhanced with additional storage and event capacity," Mr Patterson said.

"At Management House, live streaming facilities were incorporated into the auditorium to support regional managers by streaming events and professional development sessions across the state and Northern Territory. The range of courses offered by AIMQ Online was extended to ensure managers can obtain a nationally accredited qualification where ever they reside.

"The 2010 Management Excellence Awards program drew outstanding applications and played a pivotal role in esteeming managers in a range of sectors and industries," he said.

Mr Patterson said the results of the 2010 Annual Business and Professions Study conducted by Beaton Search and Consulting revealed that AIM Qld & NT rated above the benchmark set of professional associations in the key measures of engagement, overall performance and value.

"The 2010 year represented one of growth and change for the Institute after the resignation of long standing CEO Ms Carolyn Barker AM FAIM. After a detailed search process conducted by a leading Brisbane recruitment agency, the Board appointed Ms Vivienne Anthon FAIM, formerly the Institute's General Manager of Learning and Research to the CEO position. Ms Anthon had served as the Interim CEO since March," Mr Patterson said.

"The 2010 result reflects the contribution and passion of the AIM team as well as the many Members, Associate Fellows, Fellows and supporters who serve on its Committees and project groups. They are all committed to managerial development.

It has also provided the platform for exciting growth in 2011 including the negotiation of contracts with some of Australia's leading companies, and sponsorship to support national and international speaking tours throughout Queensland and the Northern Territory," he said.