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IQ Structure

IQ has been structured to create an operational model based upon the principles of mutuality. It is comprised of three organisations operating within the IQ brand:

  1. Industry Qualifications Ltd (IQ Ltd), which is the principal vehicle for investors.
  2. IQ Qualifications Limited Liability Partnership, which is the vehicle for the mutual awarding organisation, responsible for devising and implementing assessments for qualifications.
  3. IQ Resources Limited Liability Partnership, which is the vehicle for the mutual provider of learning materials, consultancy and large contract tendering using the same and complimentary sales channels to IQ Qualifications.

The three organisations have allowed us to separate out the role of assessment and qualifications, from the provision of support services. The Limited Liability Partnership model allows centres to become involved as members of and influencers in either or both IQ Qualifications and IQ Resources without making an investment in the organisation. The investment vehicle is IQ Ltd, which is open for investment should members so wish. However, assessment centres do not need to be a member of IQ Qualifications to offer IQ qualifications.

Our objective has been to create an environment where strong and mutually beneficial ties can be formed with and between customers of IQ. The intention is to provide an environment where customers are members, and as a result stakeholders in the success IQ Qualifications LLP and IQ Resources LLP and hence IQ. In developing its own presence and market share, IQ will seek to work closely with members to ensure that their interests are also supported. In this way, the IQ message and brand will be amplified and multiplied by its members.

IQ is also developing a range of international partners, details of which can be found in the international section.

Do I need to become a member of IQ Qualifications LLP to be an assessment centre?

No. Whilst we prefer organisations to become members of the IQ Qualifications and there are many benefits for members, we recognise that membership does not fit the requirements of all companies. IQ also recognises assessment centres in the traditional manner and they experience the same high levels of service and care as that offered to members.

Governance

IQ is led and managed by a series of committees which are accountable to and represent members. The Board of IQ Limited and management committees each have a mix of appointed and directly elected members. In this way, members the development of policy, procedure and pricing is transparent and influenced by members.