PRMIA Board of Directors September 2018 Meeting Updates

The PRMIA Board of Directors at their September 2018 meeting engaged in productive dialog on enhancing relevance and accelerating growth in support of its members, their careers, and the broader community.
At the core of this dialog is reflection on our mission and vision as our profession changes. Well-crafted mission and vision statements guide volunteers and staff to rewarding service to our community while helping those outside of our community understand who we are and what we endeavor to do. The Board seeks to share revised statements in early 2019.
Your Global Council of Regional Directors, the Committee responsible for Chapter oversight, has developed Chapter Success Indicators for health and wellness of these very important parts of PRMIA. The Board reviewed the new framework that is launching this quarter to help Chapters meet goals they have set for themselves and align goals for our global success.
The Board has been very thoughtful about what the PRMIA Institute will become. The proliferation of organizations attempting to support risk practice creates a stronger need to do something different. In this September meeting, the Board discussed new models that will help members be more relevant over the coming years, and the next steps to take for the Institute.
The PRMIA Risk Type Compass is helping more organizations strengthen teams by understanding differences in the way individuals perceive, react to and manage risk, as well as how they make decisions. With team results as a guide, the Board engaged in dialog with a Risk Type Compass facilitator to leverage our team profile to increase Board performance.
The member survey that was in the field over the summer provided powerful insight on member perceptions of value and areas for future focus. The Board reviewed findings with great interest in sharing learning with the appropriate Board Committee.
Finally, India initiatives were discussed along with updates on the new launched Mumbai Chapter. The tremendous energy of our volunteers will be the impetus for our unique and practical approach to service in this region.

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