BINDT and AINDT sign ground-breaking agreement

07/12/2012

On Tuesday 30 October 2012, Institute Presidents Steve Lavender (BINDT) and Ian Hogarth (Australian Institute of Non-Destructive Testing), on behalf of their respective Councils, signed and ratified the following two documents:
  • A strategic ‘Shared Vision for Partnership’, which is, in effect, a statement of intent and portrays a true partnership arrangement designed to bring about the pooling of resources, enabling the pursuit of our respective charitable objectives with greater effectiveness and efficiency.
  • A memorandum of understanding (MoU) and co-operation agreement, which sets out some more specific reciprocal arrangements covering governance, communications, events, publications, membership, certification and other technical activities.
Stakeholders will start to see the tangible benefits of the synergy created by this partnership in the coming years but can be assured that both Institutes will maintain their autonomy, culture and ethos, respectively. In fact, it is the similarity of the two Institutes in these and other respects that will ensure that the partnership will succeed. Furthermore, it is a condition that both Institutes’ Councils must retain full control of their respective organisations and that both Institutes shall maintain their respective legal status and various accreditations.

The target outcome of the partnership is an acceleration of the continuous improvement of all our propositions, particularly in terms of broadening the appeal of these propositions and increasing the number of people engaging with the two Institutes through these propositions.
 
Both Institutes will continue to trade under their respective brands and, importantly, another condition of the agreement is that the ‘character’ of each Institute will be preserved. The agreement does, however, create the possibility of creating additional co-owned brands in the future.

Cameron Sinclair, CEO of BINDT, says: “The benefits that will accrue from this partnership outweigh the challenges posed by the pooling of resources situated on opposite sides of the globe. This is an exciting development that opens a door to all manner of possibilities to enhance our joint capabilities, especially if other similarly-motivated organisations are brought into the partnership in due course.”