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Governance - Royal Charter and Charitable status

The Institute has played a prominent role as the professional body for management for over 60 years, firstly as the British Institute of Management and then as the Institute of Management.  Chartered status was finally achieved in 2002, when the Chartered Management Institute was created.  The Royal Charter was granted by the Privy Council on 12 February 2002 and came into effect on 1 April 2002.

 

What does chartered status mean?

  • Management is recognised as a profession in its own right
  • The Institute is the pre-eminent authority for the profession of management; its acts as a standard bearer for the profession
  • Institute members have a responsibility to uphold professional standards and to keep their skills and competences up to date; this is an undertaking contained in the CMI and IBC Codes of Professional Conduct and Practice

Chartered status means that CMI is the only organisation able to award Chartered Manager status to its members. 

The CMI is a registered charity in England and Wales, and holds a separate charity registration in Scotland.  Its charitable mission is to promote the art and science of management.  As a charity, the CMI brings benefit to managers in terms of their individual competences, to organisations in relation to their management capability. Our benefit extends UK-wide, as improved standards of management across the board can only be of benefit to the whole country and the public at large.

We have a trading subsidiary, CMI Enterprises Ltd.  This commercial company handles our in-company business and publishing activity.

Please view our Charter and Bye Laws.

CMI members play a pivotal role in the governance of the Institute, through service on the Board of Trustees and its various committees.  The Board sets the strategy and ensures that the Institute is fulfilling its mission and vision.  The composition of the Board is:

  • President – who holds office for 2 years
  • President Elect
  • Immediate Past President
  • Chief Executive
  • 6 members elected nationally
  • The Chairman of IBC Council (ex-officio)
  • Up to 2 co-opted members