President's Welcome
Welcome to the TMA UK website.
From 1st January 2010, I am proud to have taken over the Presidency of TMA (UK), one of the most successful non-North American ‘chapters’ of TMA International, a worldwide organisation dedicated to corporate renewal with some 10,000 members worldwide.
First established in 2000, the UK section of this organisation has gone from strength to strength, with a 35% increase in membership over the last 12 months alone. So what is it that makes TMA so successful?
TMA stands for Turnaround Management Association, not Turnaround Managers Association.
This is an important distinction. As such, we are not a trade association, but are the only international organisation in the UK that is truly representative of all the stakeholders in the turnaround and corporate recovery markets. In addition to interim managers, this also includes the clearing banks, trade and credit insurers, asset based lenders, insolvency practitioners, lawyers, recruitment agencies and even the TUC.
We already have many strong links within these sectors of the community – with both individual and corporate representatives from these organisations within our current membership. But it is my aim during my 2 year Presidency to develop stronger and more formal relationships with these groups. To this end I have identified a TMA (UK) Board Director with portfolio responsibility to develop relationships and enhanced channels of communication with each of these stakeholder groups. This will be of benefit to all of our membership. We already have a reputation as being a ‘Broad Church’ organisation and this can only be reinforced through these strengthened links.
For our membership we will continue to provide access to a range of professional innovative thinkers, through our regular networking and educational events (now CPD accredited) where there are plenty of opportunities to share information and best practise and to build collaborative and reciprocal working relationships. We hold over 35 events per year throughout the UK which based on previous experience, attract over 2000 key professionals.
We will also continue to produce our Turnaround Guide – the industry directory of the key players in the Turnaround market which was issued to 8,000 professionals across the UK and Europe last year. This acts as a great source of companies and individuals with expertise and technical knowledge and ensures that our membership is widely recognised for the role they play and can offer to the marketplace.
In the wider business community, TMA (UK) continues to provide credible and creative solutions to businesses of all sizes. We contribute to policy debate and development that shape the future direction of the corporate recovery industry, through our website, which attracted 130,000 users last year – a staggering 240% increase on 2 years ago – and through our external PR. To enhance this role, I am delighted to announce the appointment of John Willcock, editor of Global Turnaround Magazine, to the TMA (UK) Board.
John will be joined on the Board by David Bryan of Bryan, Tappy and Tilley.
This is an exciting time to be involved in our industry, and to be involved with TMA (UK).
Bryan Green
President TMA (UK)
CEO, Gordon Brothers Europe