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  • Annual Report 2004 - 2005 & Financial Statements

    Engineers... making things happen

    NewCovers 22/04/2005 15:15 Page 1

  • Section 1 Showing Leadership

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    Contents >>

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    Section 2 Financial Report 2004

    Statement of Councils ResponsibilitiesReport of the Independent AuditorsNotes to the Financial Statements

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    Section 3 Core Activities

    Membership DevelopmentsCorporate Affiliate MembershipPromoting Engineering as a CareerMaintaining Standards

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    Section 4 Membership Services

    Links with IndustryContinuing Professional Development ProgrammeRecognition of Members Achievements

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    Section 5 Representing Members at Home and Overseas

    Our Voice NationallyInvolvement in international engineering co-operation

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    Section 6 Regions, Divisions and Society Reports

    Regions, Divisions and Societies ReportsPast Presidents

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    Presidents ReportDirector Generals ReportPresident Elect ProfileVice President's ProfileOur Elected RepresentativesSubmissions to GovernmentThe Team at Clyde Road

    iei annual report 05 contents 22/04/2005 15:17 Page 3

  • The Institution of Engineers of Ireland

    6

    Looking backMy year as President of The Institution of Engineers

    of Ireland has been challenging, diverse and exciting. It has been a very fulfilling and memorable experience for me and I would like to share my unique view into the operations of the largest professional body in the country with you, the members who together make up this vibrant organisation.

    On my visits around the country, I met engineers from every region, division and society of the IEI. Each meeting made one key issue clearer and clearer to me - we need to raise the profile of engineering in Ireland.

    I was responsible for chairing a task force to address this issue in late 2003, and it was during my year of office that the image of engineering in Ireland was tackled head-on.

    The research we conducted showed that those with a positive perception know that engineering has a huge amount to offer to individuals, to companies and to society. The research also showed that we as engineers are focused on delivering results in the most innovative, practical and economical way possible - and rightly so.

    However, the engineering profession today faces many challenges, not just here but all over the world, and all professional engineering bodies are addressing the same issues. It is time for the IEI to focus on the future of engineering in this country. We have to address issues such as: - How are we going to ensure that Ireland remains a

    competitive, innovative and worthwhile environment for our indigenous and foreign investors?

    Is the contribution that engineers make to society being understood?

    Is the lack of understanding of what engineers actually do creating barriers for us?

    And is it the lack of understanding that prevents students from being attracted to the profession?

    Is the standard of our engineering education high enough?

    Where are the engineers of the future going to come from?

    These are difficult questions and Council and Executive, along with the IEI Management team have already discussed these issues long and hard. We have put together a three year plan called Promoting the Profession which we believe will address these and many other issues identified by our research.

    Over the coming months, I hope you will notice a change in how the IEI communicates with you, our members. We hope that the IEI will become a more relevant representa-tive body and that you will share in our enthusiasm and determination to raise the profile of this dynamic and creative profession.

    Apart from this exciting project, the other main highlight of my year as President was the 2004 Annual Conference, which focused on the topic of Achieving Competitiveness through Engineering Excellence.

    Hosted by the West Region, the 2004 Conference was a huge success from all aspects. I want to thank the West Region for the key role that they played in that success.

    With a record attendance of 357 the organ- ising team managed to achieve the following objectives: - The calibre of the speakers and topical nature of the

    theme ensured media coverage in the daily and local newspapers on both days as well as radio coverage on RTE Radio 1

    Feedback from delegates was very positive All networking opportunities, publications and

    ancillary events were of a very high standard.The highlight of the Conference was Professor Stphane

    Garellis paper delivered on the first morning of the event. In his capacity as head of the IMD International Business School in Lausanne, Prof Garelli engaged the delegates with his economic forecast for Ireland from a global perspective.

    The Institution of Engineers of Ireland

    Presidents Report on behalf of Council 2004 - 2005 Dr. Paddy Caffrey

    IEI ANNUAL (SECTION 1) 05-V 6 22/04/2005 15:20:35

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    Showing Leadership >>

    We intend to replicate the energy generated by Prof Garelli at the Conference in future IEI events. As the whole theme of the Conference centred around the issue of competitiveness, the IEI was delighted with the findings of the Competition Authority report into the engineering profession. The Competition Authority praised the engineering profession as a competitive industry and recognised that it has delivered significant benefits to the Irish economy and society in general. In its final report on the profession, as part of its study of the level of competitiveness within a number of profes-sional services, the Competition Authority said that the engineering profession has an open regulatory structure which assists in ensuring a high degree of competition, and correspondingly provides significant benefits to buyers. The report also found that the current regulatory regime in engineering facilitates competition, and that its light regulatory framework has few barriers to entry and limited, but appropriate, restric-tions on who can perform engineering work. Throughout my term, the IEI has continued to engage with government making submissions, meeting with government representatives and on a local government basis also.

    Full details of the submissions made to government by the IEI are published later in this Annual Report. In my Presidential Address, Engineering.the next generation I examined a further factor that greatly affects Irelands competitiveness. Producing sufficient engineer-ing graduates to meet the needs of high-tech industries here is an issue that must be urgently addressed. The ICT and pharma sectors here now employ over 107,000 people. The ICT sector now has over 1,300 companies, including seven of the top ten global companies, and employs 90,700 people. And the Irish pharmaceutical sector, with 13 of the top global 15 pharma companies with operations here, employs a further 17,000 people. Altogether these two hi-tech sectors now employ over 107,000 people in Ireland. To ensure that these employment levels continue to grow, the Government, as a minimum and as a matter of urgency, must act on the recommendations of the Enterprise Strategy Group in their report Ahead of the Curve Irelands Place in the Global Economy. The scale of R&D in Ireland will always be small in global terms, but this should not prevent us from becoming a leader in return-on-investment performance through good productivity and effective management.

    We need to continue to keep pressure on Government

    to: - fund and develop the Irish educational system, create a suitable environment for investment in

    R&D through both public and private funding, deliver a first-class infrastructure for a first world

    country, and develop a culture of benchmarking performance and

    productivity against relevant international standards.Im sure most of our members know by now that

    in September 2004, Paddy Purcell retired as Director General of the IEI. Paddy was responsible for many of the tangible changes that took place over the last five years. His infectious energy, enthusiasm and commitment to promoting engineering and represent-ing the views of IEI members was a powerful force for change which he converted into action time and time again.

    I would like to take this opportunity to wish him well in all his future endeavours and on behalf of you, the members, to thank him most sincerely for the immeasurable contribution he has made to the engineering profession. Kevin Kernan was appointed Director General in September 2004 and since then has fully committed himself to further improving the services offered to IEI members. You can read about Kevins plans for the future of the IEI in the Director Generals report, but for now, I want to wish Kevin continued success in his role as Director General.

    It has been a great pleasure to serve as President. It is an intensive and challenging year for anyone, but I received tremendous support from Vice-Presidents Anne Butler and John McGowan, Past President Peter Langford, Executive and Council for which I am most grateful.

    I wish Anne Butler and her Vice Presidents every success in the year ahead. The Institution of Engineers of Ireland is heading into an exciting period with many challenges and opportunities to take advantage of. I have no doubt that the year ahead will yield many results under its current leadership.

    Dr Paddy CaffreyChartered EngineerPresident 2004-2005