Background and Objectives
The TTF continues to grow, which is good news because the bigger we get the more potential influence we have in our mission to encourage reform of the financial services sector, so that to serves society better.
Whilst very positive, our growth does create some operational challenges which highlight the need for change.
The main challenges are:
- We are struggling to cope with the level of interest we are generating around the world
- We are unable to deliver the number of meetings there is demand for
- We have a very UK-specific perspective
- We need to find ways to better appreciate and embrace the issues that are particularly important in each non-UK location where we are becoming active
These realities have led us to consider the following questions:
- How can we most efficiently ensure that the TTF community continues to grow efficiently and effectively, internationally?
- How can we empower the individuals who are joining our community that want to help drive and lead progress in their area?
- How should we build an international network of actively engaged members?
- How do we create a sufficiently robust and resilient governance framework for that network?
- How do we ensure our reputational integrity and values are maintained?
- How should we harness the goodwill and energies of individuals that want to volunteer to help the cause?
- How do we ensure the effort required by those that volunteer is spread around sufficiently well so that each volunteer only has a little bit of voluntary work to do?
Our response is to create a network of Chapters around the world…
An Outline of our Chapters Initiative
In essence, the objective of our Chapters initiative is to better organise and mobilise our community outside the UK.
We know from the dialogue we have already had, that there is an abundance of enthusiasm for TTF to grow by creating an international network of Chapters. That’s very exciting and positive but we are alert to the risks and challenges accompanying such change and growth, particularly in relation to how we should create a robust governance framework that ensures the Chapters always operate “true to mission” and that work is coordinated, consensus-based and consistent.
We are launching TTF Chapters in:
- Hong Kong
- New York
- Washington DC
- Cape Town
- San Francisco
Other Chapters will be launched in locations where there is sufficient interest.
Our Chapters initiative was originally conceived to be based around having regular in-person meetings at each Chapter location.
However, because of Covid 19 we have had to put that approach on hold.
The net result is that we are now building our Chapters network through quarterly Zoom meetings, which seem to be going well.
Once the Covid 19 pandemic has passed we will look again at how to organise in-person meetings around the world.
Please see the details below that clearly set out how and when to access those meetings.
How to access our Chapters Zoom meetings
Scroll down to see the dates and times of each of our next round of quarterly Zoom meetings for our Chapters
We use Zoom for our Chapter meetings. The access details for each one of the meetings are shown below; the access details are
the same for each one.
To access by Zoom, which is the preferred option:
Click on the Zoom link below:
Alternatively, if you are outside the UK and you want to dial in, click on the “find your local number” link below;
your Meeting ID is: 228 127 6828
Find your local number: https://zoom.us/u/acqGH9lkZC
If you happen to be in the UK and you want to dial in, use one of the UK numbers shown below;
your Meeting ID is also: 228 127 6828
One tap mobile
+441314601196,,2281276828# United Kingdom 442030512874,,2281276828#
Or use any of these options:
+44 131 460 1196 United Kingdom
+44 203 051 2874 United Kingdom
+44 203 481 5237 United Kingdom
+44 203 481 5240 United Kingdom
If you have any issues with the process please contact us or call +44 (0) 7494 991 773.
When to access a Chapter Zoom meeting
Dates and times are shown below.
All times shown are UK times, but all of these meetings can be joined by anybody from anywhere in the world.
An Outline of our Chapters Initiative; once Covid 19 has passed:
In essence, the objective of our Chapters initiative is to better organise, motivate and grow our community outside the UK.
We know from the dialogue we have already had, that there is an abundance of enthusiasm for TTF to grow by creating an international network of Chapters. That’s very exciting and positive but we are alert to the risks and challenges accompanying such change and growth, particularly in relation to how we should create a robust governance framework that ensures the Chapters always operate “true to mission” and that work is coordinated, consistent and not duplicated unnecessarily.
As you see, the notes that follow are in rough bullet-point format.
They will continue to be finessed as we receive and absorb further feedback and ideas:
- 8 TTF Chapter Leaders per City in which we are to have a Chapter
- Equal status amongst the Chapter Leaders
- Each Chapter Leader to make a firm and clear commitment to help lead the Chapter in a manner that keeps it “true to mission.” This commitment to be along the lines of “The Chapter Leader’s Promise”
- The 8 Leaders to “Buddy Up” and operate as 4 pairs
- Once we have 8 suitable TTF Chapter Leaders in the corresponding City, Chapters to be launched in Dublin, Amsterdam, Zurich, Brussels, Washington DC, New York, Boston, Hong Kong, Sydney, Melbourne and Singapore i.e. all the non-UK places in which we have already held meetings
- We anticipate launching other Chapters once we have held meetings in other cities.
- The overall purpose of the TTF Chapters is to grow the TTF community and galvanise support for driving positive, progressive and purposeful finance reform
- We hope and anticipate the Chapters will attract people who have a “let’s figure out what’s wrong and fix it” mindset; people that want to be “part of the solution”
- The Chapters will create opportunities for people to discuss relevant issues, network and socialise
- The “vibe” is to be relaxed, informal and friendly; we are building a community where camaraderie matters because through that we get to consensus; and through consensus we get to potential impact
- The Chapters will provide insight and understanding to “TTF HQ” on the issues that matter to each Chapter and its members
- Quarterly meetings; the 8 Chapter Leaders take it in turn to run a meeting; one pair at a time, creating 4 Chapter meetings per year
- Free to join the Chapter and TTF; but all members that meet certain criteria are to be invited to join the optional subscription model that we are developing for those that want to become Fellows of the Transparency Task Force
- Meetings to be at either 0730, ending at 0900; or 1200, ending at 1330; or 1800, ending at 1930. By having breakfast, lunchtime and early evening meetings they will not cut into normal working time too much
- Attendees pay for any food and drink they may consume; no mark-up. This is a similar model to what has been used successfully by many community groups
- No presentations; just facilitated conversation, discussion, debate, led by the pair of Chapter Leaders who will help set the agenda
- Topics to always be in keeping with what the TTF is all about
- Roughly 60 minutes of facilitated discussion and debate; followed by 30 minutes of “Any other Business” and networking.
- The facilitated discussion and debate part of the agenda to include “Standing Agenda Items” that always get covered plus anything the Chapter Leaders wish to add.
- Standing Agenda Items are to be decided and but could include:
- Matters relating to TTF’s Special Interest Groups – news, ideas, challenges, requests for help and input
- Ideas for Outreach and TTF Community growth
- Ideas for campaign activity
- News from within the local and adjacent Chapters
- News from the wider TTF international community
- “Question(s) for the Quarter” to lead into facilitated discussion on a topical issue
- Relevant Regulatory Developments
- Details of next Chapter Meeting
- Any other Business
- Confirmation of Agreed Actions
- Close of the Formal Proceedings
- No commercial dimension i.e. no presentations by commercial organisations
- Zero tolerance for anybody trying to hijack the agenda for their own aims
- Each Chapter will have its own web page within the TTF website
- Each of the Leaders’ photo and bio on their Chapter’s web page
- List of the Chapter members on the web page too
- Chapter Leader to provide notes from the meeting – key discussion points and any ideas and actions agreed to be captured in the notes; no need for detailed minutes. Notes to be provided to TTF HQ within 24 hours; we will publish on the Chapter’s web page
- Chapter Leaders to take full responsibility for their meeting – venue, logistics etc
- TTF HQ to have full responsibility for all the marketing and promotion of the Chapter’s meetings; but Leaders and members can supplement and support through outreach, social media and so on
If over the next say 3 years we grow the membership in each Chapter to say 1,000 people x 20 Chapters = 20,000 people; all united in the desire to help get the finance industry to work better for everybody. That’s a very worthwhile aim.
Key Questions that will need to be addressed
- How do we create a robust yet sufficiently flexible governance framework that will keep the Chapters “true to mission”?
- What should the process be to recruit the Chapter Leaders?
- What should be their term of office? – should it be ongoing or time-limited?
- How can we safely trial this initiative to help inform and develop the blueprint? – could we, for example have some “provisional” Chapter Leaders to help get things started, with all parties knowing that we are operating in “experimental laboratory conditions”?
We will continue to finesse our thinking through encouraging feedback and absorbing it into our blueprint planning, with a view to getting the first cluster of Chapters up and running on a trial, pilot and provisional basis.
If all goes well, we can thereafter share best practice, redefine the operating model and launch other Chapters.
Please share your feedback, thoughts and ideas to firstname.lastname@example.org