As a globally recognised professional body, everything RICS does is designed to effect positive change for the public advantage in the built and natural environments.
Through our respected global standards, leading professional progression and our trusted data and insight, we promote and enforce the highest professional standards in the development and management of land, property and the built environment. Our work with others provides a foundation for confident markets, pioneers better places to live and work and, in keeping with our Royal Charter obligations, is in the public interest.
With over 134,000 highly qualified professionals and trainees, and offices in every significant financial market, we are ideally placed to influence policy and embed our standards to protect consumers and organisations. In doing so, we can innovate and progress the development of spaces and places, so they are fit for future generations, in addition to the challenges faced in the present.
Lord Bichard recently completed a review of RICS’ purpose, governance and strategy and made a series of recommendations that have laid the foundations for RICS’ future. One of Lord Bichard’s key recommendations was the formation of an RICS Board. The Board is accountable to Governing Council for delivering the Institution’s strategy and managing its day-to-day operations (outside of Standards and Regulation).
The Bichard RICS Review was very clear in the fact that, whilst it provides a roadmap for developing the strategy, it was incumbent on the new leadership to take this forward and create a new strategy in consultation with members and stakeholders.
This strategy will restate RICS’ commitment to the public interest in all the work they do, from effective regulation to support for disadvantaged communities. It will position the organisation as a leader in steering the built and natural environment through the global challenges of climate change and sustainability, whilst continuing to engage with members of all ages to rebuild and maintain their trust, recognising their role as a global organisation represented by members around the world. This strategy will need to be mindful of the commercial opportunities that can be enjoyed by a member-centred, global organisation that has public purpose at its heart and it will, crucially, seek to build a culture of equity, diversity and inclusion to enable the organisation, and profession more widely, to attract, retain and advance the widest array of talent.
“The Institution exists for the benefit of society to deliver positive change in the built and natural environment in the United Kingdom and around the world. It does this by advancing and facilitating access to surveying knowledge, by maintaining and promoting the usefulness of the profession and by leading, supporting and regulating a body of skilled professional surveyors and firms who demonstrate the highest ethical and technical standards”
Lord Michael Bichard