Our Institute
Championing Industrial and Entrepreneurial Excellence
The Institute of Professional Industrialists & Management Development (IPIMD) is Nigeria’s Foremost Industrial & Entrepreneurship Management Development Institute. The Institute was incorporated in 2010 by guarantee (LTD/GTE) following an accreditation by the Federal Ministry of Education and approval by the Attorney General of the Federation and Minister for Justice of the Federal Republic of Nigeria. It commenced operations in 2014 after formal launching with an Inaugural Lecture delivered by the United Nations Industrial Development Organization (UNIDO) and the Federal Ministry of Industry, Trade & Investment (FMITI).
The Institute is dedicated to the promotion of professionalism and regulation of standards in the study and practice of industrial and entrepreneurship management and development and for bridging Capacity-Gaps in the Nigeria’s Industrial/Entrepreneurship Sector. It is also dedicated to the recognition and certification of entrepreneurs/business-owners, industrialists & industrial managers, industrial consultants, academia/researchers, policymakers both in the private and public sectors, staff of government industrial & entrepreneurship institutions, students & graduates of industrial & entrepreneurship management and allied disciplines.
It is not a business membership organization (BMO) or an organized private sector organization (OPS) but a certified professional cum developmental institute with emphasis on Industrial and Entrepreneurship Management and Development.
- To promote the professional development of Nigerian Industrialists, Entrepreneurs and Industrial/Entrepreneurship Policy-Makers and Leaders
- To provide the opportunity for those wishing to become Industrialists, Entrepreneurs and Industrial Managers/Consultants and Industrial Economists, to pass through a system of examination and certification in the study and practice of Management & Leadership.
- To provide channels for networking, business linkages, skill acquisition and transfer of technology among members of the Institute and between members and other Industrial Stakeholders locally and internationally.
- To gather industrial/business information from various sources (government policies, programs and incentives), process the information and transmit them to the various users, in accordance with the needs and challenges of economic agents and actors, sectors and sub-sectors.
- To network and link the industrial/SMEs sector with other sectors of the economy with respect to inputs and output, technologies and innovations, materials and equipment, finance and capital, etc., as well as products/services market outlets both locally and internationally.
- To equip and update the operators and managers of industrial/entrepreneurship establishments (MSMEs) with appropriate skills, knowledge and technical know-how on various aspects of industrial operations and administration.
- To provide institutional support, policy advocacy, research and consultancy services to various industrial stakeholders: industrialists, entrepreneurs, the policymakers, decision-makers, etc.
- Articulating and developing curriculum for the study and practice of industrial operations and management – Curriculum for Industrial Management (CIM)
- Setting and maintaining standards for the study and practice of industrial operations and management – The Standard of Industrial Management (SIM)
- Setting and maintaining codes of conduct, rules and regulations for the best practice of Industrial Operations and Management (IOP).
- Providing on-line and real-time information, data and guide for effective and efficient managerial decision-making.
- Collating and disseminating economic/business/industrial information/data periodically to Industrial Policy-Makers/Stakeholders through our official magazine, journal and newsletter.
- Collaborating with relevant Industrial/Entrepreneurship Development Agencies/Partners, to build and develop capacity for the Nigeria’s Industrial/Entrepreneurship Sector.
- Collaborating with relevant BMOs and OPS on issues relating to Industry, Entrepreneurship Development and Policy Advocacy.
The Institute of Professional Industrialists & Management Development (IPIMD) also seeks for Collaborations, Partnerships, Cooperation & Supports towards the development of Nigeria’s Industrial Sector, including the Micros, Small & Medium Enterprises (MSMEs).
To provide effective and efficient professional services to our members and the relevant public, the Institute has developed the following collaborative platforms:
- Collaborations with various stakeholders: the governments and their ministries, departments and agencies (MDAs) at both the local and international levels; international development and technical partners both those located in the country and those abroad; educational, research and skill acquisition institutes at home and abroad; research, innovation and technology institutions across the globe; financial institutions locally and internationally; and other relevant stakeholders.
- Collaborations with the investors, operators, managers and staff of industrial establishments (including the MSMEs) at the sectoral, sub-sectoral and firms’ levels in various aspects of industrial development.
- Collaborations with relevant BMOs and OPSs on issues relating to industrial policies and advocacies, industrial standards, funding, infrastructure, technology, etc.
- Assembling of a consortium of industrial consultants and researchers, to conduct diagnostic studies on capacity gaps and needs in the industrial sector for evidenced-based policy advocacies and for proposing effective and efficient solutions that will resuscitate dead firms, revitalize ailing ones, re-engineer stagnant ones and reposition the stable ones.
The governing structure of the institute consists of the following: the Board of Trustees/Directors; the Governing Council; the Executive Committee; the Standing Committees and the Secretariat.
Board of Trustees/Directors (BOT)
The Board of Trustees/Directors is the custodian of the Institute. It comprises the Founders, Investors and Promoters of the Institute, who have come together to fund, build and promote the Institute. The BOT makes the rules and regulations governing the administrative structure of the Institute. It is headed by the Chairman, who is assisted by the Vice Chairman and supported by the Secretary and other members of the Board. The BOT meets from time to time, to review the work plans, programs/projects and budget of the Institute. Members of the BOT at any point in time are registered with the Corporate Affairs Commission (CAC) as promoters.
Governing Council (GC)
The Governing Council is the policy-making organ of the institute. It shall consist of thirty (30) members, including renowned and reputable industrialists and administrators of industrial establishments in Nigeria, representatives of relevant Government Ministries, Departments and Agencies and the representatives of various organized private sectors. The Council is headed by the President, who is assisted by two (2) Vice Presidents: – Vice President (Private Sector) & Vice President (Public Sector). Members of Council are elected or appointed at the Annual General Meeting (AGM) for two-year tenure and for a maximum of two tenures. Council meets quarterly inclusive of the AGM, but exclusive of emergency meetings.
The Industrial Policy Council (IPC)
This is the Organ that interfaces the Institute with other Industrial Stakeholders on Industrial Policy Matters.
Membership of the IPC is drawn from the following Organizations:
- Standard Organization of Nigeria (SON),
- Nigerian Investment Promotion Commission (NIPC),
- Industrial Training Fund (ITF),
- Small & Medium Enterprises Development Agency of Nigeria (SMEDAN),
- Raw Materials Research & Development Council (RMRDC),
- Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA),
- Manufacturers Association of Nigeria (MAN),
- Nigeria Association of Small & Medium Enterprises (NASME)
Executive Committee (EXCO)
The Executive Committee (EXCO) is the executive/supervisory organ of the institute. It consists of the Chairman and Secretary of BOT, President of Council, Chairmen of Standing Committees and the Registrar of the Institute as the Secretary.
Standing Committees
These are supervisory organs of the institute. The standing committees of the institute are as follows:
- Admission & Membership Services Committee
- Finance & Account Committee
- Research & Consultancy Committee
- Business/Project Development & Monitoring
- Publication & Editorial Committee
- Policy Advocacy & Relationship Committee
Each committee is made up of six (6) members with a chairman (a member of EXCO) and a secretary (provided by the institute’s secretariat).
The Secretariat
This is the administrative organ of the institute – responsible for the day-to-day running of the institute. The secretariat of the institute is divided into the following functional areas:
- Admission & Membership Services Department
- Administration & Finance Department
- Research & Consultancy Department
- Business Development & Publication Department
- Policy Advocacy & Relationship Department
The Secretariat is headed by the Chairman of EXCO of the Institute and is assisted by the Assistant Registrar/Heads of Departments.
WHO WE ARE
VISION
MISSION
TARGET MEMBERSHIP
Our Core Services
01
Professional Skill Development
- Curriculum Development
- Professional Training Modules
- Professional Programs Facilitation
- Certification of Qualified Members
02
Membership Services
- Repackaging and Repositioning of Individual Members for Improved Performance
- Interactive & Networking Forums
- Business Linkages and Study Tours
- Maintenance of Rights of Members
- Honors/Award for Excellence
03
Information & Communication Services
- Collation & Dissemination of Data/Information
- Provision of Information Research Center
- Production of Directory/Bulletins/Magazines
- Roundtables & Dialogues
- Conferences, Seminars, Workshops & Distinguished Lectures
04
Capacity Building
- Training & Development Programs
- Mandatory Performance Improvement Programs
- Leadership Development
- Business Mentoring/Incubation
- Technology Transfers Programs
05
Consulting Services
- Business Restructuring & Development
- Diagnostic Review & Due Diligence
- Trade/Investment/Financial & Strategic Planning
- Business Plans/Feasibility Studies
- Marketing & Logistics Development
06
Policy Advocacy (Industrial Matters)
- Position Papers
- Government Liaison/Relationship
- Policy Research & Analysis