2 - Bichard Review

Question 1

Why was Lord Bichard Review commissioned to the RICS?

Answer 1

Following internal review of internal governance failings, RICS commissioned Lord Bichard to undertake a further review to:

• Clarify purpose
  responsibility
  public
  Make recommendation
  proposals of RICS
• Including its Clarify purpose
  responsibility
  public
  Make recommendation
  proposals to act for the Clarify purpose
  responsibility
  public
  Make recommendation
  proposals advantage
• Clarify purpose
  responsibility
  public
  Make recommendation
  proposalss on governing structure to deliver that purpose
• Provide Clarify purpose
  responsibility
  public
  Make recommendation
  proposals for the incoming leadership.

Question 2

There were 36 recommendations from Lord Bichard, what were the 7 key areas? (June 2022)

Answer 2

3. Focus on diversity and inclusion.
4. Focus on younger members, enpowering through greater support
5. Undertaking an independent review of RICS’ governance once every 5 years.
6. Sustainability/climate change.

Question 3

What were the 5 Future Foundations published by RICS in November 2023 following the Bichard Review?

Answer 3

1. Vision
2. Mission
3. Strategic Goals
4. Values
5. A world Class Organisation