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How
does CMR operates? |
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How
can I benefit from CMR membership? |
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What
are the CMR’s Core Business Facilities? |
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Who
can join CMR? |
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How
to view CMR membership? |
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What
are CMR's Financial aspects? |
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How
much can I expect to earn? |
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How
quickly will I start earning? |
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Please give me some idea how I will obtain clients and income
through CMR? |
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What
happens if I come across a client whose needs exceed my own
skill base? |
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What
happens if I want to leave CMR? |
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How
are revenues split in CMR? |
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How
do we fix fees with clients? |
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Can I get references from clients and existing members |
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What
are the CMR group purchasing benefits for members? |
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What
further thoughts about being independent to work for own?
A PRACTICAL
GUIDE TO CMR’s OPERATIONS – in the post Covid-19 era:
The aftermath of the
global Covid-19 pandemic has greatly expanded the role and
opportunities for CMR. This guide summarises CMR’s operations
in this new era.
The essential
facility provided by CMR is for senior executives to interface
and build mutually beneficial business relationships with many
SMEs and entrepreneurs, most of whom lack the depth of
business and management expertise that’s needed for success.
For talented executives CMR provides virtually unlimited
opportunities for significant financial success and a deeply
satisfying independent career and lifestyle.
CMR is a connected
global network comprising ONLY very senior, director-level
executives from all industries and major world countries, who
now combine and use their skills and experience to help SMEs
and entrepreneurs – through a constant inflow of new such
clients seeking inward investment and helping recession-hit
SMEs with CMR’s highly innovative and unique routes to
survival and profitability. The global recession now upon us,
has opened major opportunities and growth for CMR.
1)
1) CMR Consultant
Directors (CMR CDs) are not limited geographically – they
are able to be involved in all of CMR’s operations worldwide.
2)
There several facets of CMR’s
operations – all are open for CMR CDs:
a)
Dealing with the daily
‘automatic’ global inflow of new prospective clients who
are usually SMEs/ entrepreneurs looking for inward
investment. After initial pre-vetting to eliminate those
thought not worthy, details are emailed to all CMR CDs with
the request to notify CMR if interested in being
involved/appointed project leader, briefly detailing
experience relevant to the client’s business. If more than
one CMR CD applicant, decision is made by CMR HQ based on
circumstances; sometimes single CMR CD is appointed or
sometimes a small team is formed to handle the client. There
are usually more incoming clients to handle than there are
active CMR CDs. The system works well – there have never been
any complaints from CMR CDs!
b)
Joining CMR’s Global Catalyst
Group team – following pro-active contact, groups of
synergistic SMEs are built – please read details at:
www.cmrworld.com/CMRcatalystgroups.pdf . In the
global recession, this will be one of our most important
business areas. Those involved will almost certainly become
the Chairman or CEO of groups so formed.
c)
Joining CMR Special Business
Groups (SBGs) – these comprise CMR CDs who have in-depth
specialised experience/expertise in particular business areas,
including for example; Corporate Recovery; Corporate Finance;
Intellectual Property Licensing. CMR SBG’s act as an
expertise resource for helping other CMR clients and as a
group they can also develop business directly themselves.
d)
Joining CMR Affinity Groups
(AGs) – these are generally groups of CMR CDs who have
in-depth experience of particular industries. They also act
as an expertise resource for assisting CMR clients – and as a
group they can also develop business directly themselves
within their special industry category.
e)
Joining CMR Geographic Cluster
Management Group – for those who would like to be
involved, we put together CMR CDs who live in the same
geographic area (this can sometimes be an entire country or
region). They can develop business as a group and can of
course, develop social & business links between them.
All
of these groups are connected through email and Zoom – CMR CDs
can be an active part of many, joining other colleagues in
dealing with many business and social opportunities.
3)
3) All business
generate or handled by the above activities are CMR projects,
to be invoiced and administered by CMR and subject to CMR’s
fee sharing rules of 75% to CMR CDs handling; 10% to the
project introducer (could be you); 5% to CMR general
marketing fund; 2.5% to CMR Regional management and 7.5% to
CMR itself. CMR SBGs & AGs receive 90% of projects revenue
generated directly.
4)
4) Training is
provided via the comprehensive CMR Operations Manual and there
is also specific video training for the CMR Catalyst Group
Scheme. In some areas (UK) personal mentoring assistance is
available from regional directors. Advice is always available
from CMR HQ. Pre-Covid we also arranged golf and social
networking functions, which we hope will resume before too
long!
5)
5) When dealing with a
client project, the controlling CMR manager will be the CMR CD
or leader allocated to that project. He/she must act
professionally and in accordance with the CMR Ethical
Agreement signed on joining CMR;
www.cmrworld.com/CMRethicsagreement.pdf The CMR
CD has full discretion over fees and terms agreed with the
client (CMR does not impose these and will concur with the
agreement reached between CMR CD and client). All invoicing
is via CMR. When the client has paid CMR, the CD invoices CMR
for their share (any pre-agreed expenses with the client are
passed 100% to the CD). CMR pays into whatever bank account
the CD nominates.
6)
6) The success or
otherwise of CMR CDs is largely determined by their own
personality, experience, expertise and the manner in which
they handle the client. Some CMR CDs are very good at this
and are very successful, but others less so. In virtually all
cases, the CMR CD goes to the client as an investor (or at
least as the representative of the investors) - NOT as a
consultant. This non selling approach is absolutely VITAL.
If the client thinks you are just another consultant eager to
charge fees, then the opportunity to build a beneficial
relationship with the client is lost. If the client likes the
look of you, quickly gains the respect needed so that he takes
serious note of the opinions you express – if you know your
stuff – and if the client starts to think “this guy or gal is
someone who really can help me and perhaps even in some way
becomes connected with my business” – then that is the perfect
result of the first meeting or contact. There is only one way
to know how good a CMR CD is going to be – and that’s by the
‘proof-of-the-pudding’ method of actually doing it. Of
course a CD can always improve their performance with practice
– which is what we all do! Unfortunately, it is impossible to
discern this from studying a CV/resume. All we can do is to
ONLY recruit CMR CDs who have a successful and senior,
director-level career history and are likely to have the
skills needed. We know that not everyone will be able to
adjust fully to the entrepreneurial nature of this SME
environment as it differs substantially from a large corporate
employment scenario. As with everything else in life, the
inputting of proactive hard work can be most satisfying and
success breeds enjoyment apart from producing welcome
revenue. |
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CMR
concentrates on helping smaller to medium-sized companies, who usually share
the twin handicaps of being both under-capitalised and under-managed,
often at the same time! These smaller companies can be very
innovative, and capable of producing much higher growth rates,
providing they are given the right combination of financial
input and management support. This is the unique combination
that CMR brings to bear - the input of very experienced management
together with the financial support needed to allow for rapid
and controlled growth.
CMR has a
wide range of services: Although many of client
companies initially approach CMR for funding input, in many
cases this is not necessarily the appropriate or best way
forward for the company, and a particular strength of CMR
is the ability to help such companies through the wide range
of other CMR services and facilities provided through its
regional structure.
CMR operates
globally with the ability to provide very senior executive
management expertise in most world countries and across most
industries and professional disciplines.
CMR does
not sell its services: CMR members are not required to sell.
CMR undertakes marketing and awareness-building activities
through PR and direct contact with local professional firms,
banks, etc., who refer clients to CMR. Additionally CMR
has close links with UK business research universities and
major UK professional firms, enabling CMR to identify those
clients most likely to benefit from our services.
CMR Revenue
Sources: For many CMR executive members, it is their involvement
with the project and proposition flow through CMR that will
be most important. Each proposition (and there are many being processed at any one time) represents an opportunity
to help that company, and through building the right relationship
with them, can lead into a much wider business potential.
The opportunities
arising from CMR’s Interim Management Programme can also
be important - each CMR member is continuously ‘presented’
on the world wide web to prospective employers.
CMR Training
Programme helps to convert client contact to revenue: The
real skill needed to be a successful consultant is the ability
to turn an initial contact with a client into an on-going
relationship that can generate income for years to come.
CMR provides specific training to help its executives to
acquire, or brush-up on, this essential ability to handle
client relationships effectively.
CMR
Performance Fees: CMR’s fees to its clients are often performance
based, with a proportion of the fee being deferred onto
a successful outcome. Operating in this way, allows CMR
to align itself motivationally with its clients, and to
obtain a greater eventual reward than would otherwise be
possible. Sometimes CMR will take equity as part of its
remuneration
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CMR
is structured to be of maximum value to those executives
of high ability who want to be pro-active in developing
their business and career potential, either as an integral
member of the CMR team or in a private capacity, or both.
CMR provides total flexibility for its members, and whilst
we hope that all will want to be proactive, CMR membership
itself places no specific time commitments on the member
All CMR members
have full access to all the organisation’s facilities and
resources. Specifically, CMR executives benefit:
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From
being part of a global executive team, helping to deal with
the stream of small to medium-sized businesses approaching
CMR for help. Each part of CMR also develops business directly
with SME client companies in conjunction with the many
professional firms that work with us.
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From
being part of a CMR Affinity Group - these are
multi-disciplined teams comprising CMR members sharing a
common expertise and experience in particular industries.
By networking and combining with others having a similar
background, great strength is achieved and many
opportunities arise. CMR Affinity Groups cover over 60
separate industries and functional groupings.
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From being part of a CMR Special Business Group - we have
specialist teams handling Company Sales, Mergers and
Acquisitions, International Technology Licensing,
Corporate Recovery.
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From
being part of CMR’s Executive Network, which is an extremely
powerful resource, and which generates many revenue opportunities
for members directly. Access to the network is provided
through CMR’s Website and regional/affinity group meetings.
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From
being continuously presented through CMR’s Internet Website
to companies wanting to recruit interim or permanent executives,
or consultants. CMR’s affiliated major professional firms
also access the CMR executive database to seek the consultant
help they require.
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From the
training facilities provided which help all CMR members
to be more effective. Special courses are also held in
conjunction with our affiliated professional partners
covering subjects such as corporate recovery, intellectual
property & licensing, etc.
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From the
CMR membership discount scheme, which allows CMR members
to save more than the total cost of CMR membership!
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From being
part of a highly supportive organisation, which truly
helps its members to realise their potential, whilst
respecting individuality and personal independence.
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The
main requirements for CMR membership:
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You must
be an experienced executive and be able to show that you
have already achieved success in your own field of business
activity.
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You should
have entrepreneurial skills, and be able to bring enthusiasm
and initiative to bear on the projects you handle.
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You must
be prepared to operate within CMR’s ethical guidelines
and standards of practice.
There are
several different categories of people for whom membership
of CMR will bring many practical benefits:
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Executives
wishing to develop a long-term independent career as part
of a major consultancy group.
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Existing
independent consultants, who wish to broaden their scope
of activity.
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Executives
wishing to work for themselves, but with the support of
a major organisation behind them.
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Partially
retired executives who prefer not to fully retire just
yet, and would welcome the opportunity to become involved
either on a full-time or part-time basis.
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Executives
who prefer to work under contract with employers, either
on an interim or permanent basis, but would benefit from
the personal marketing undertaken for them through CMR’s
Website, plus the contact and networking opportunities
provided through CMR
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CMR
should be viewed primarily as an opportunity generator.
CMR membership
is ideally suited to those executives of real ability, who
are motivated and ambitious to develop business activity,
either as part of a fast-growing entrepreneurial group,
or as an independent consultant, or both!
To continue
its growth, CMR needs to attract executives of ability,
who are interested in becoming part of our success and in
helping us to maintain our position of being the number
one organisation for SMEs.
CMR’s organisational
structure has attracted much favourable comment for the
innovative way it blends the skills and aspirations of its
members into a flexible but highly supportive operation
allowing each to develop their career progression in whichever
way is best for the individual. One UK university sees CMR’s
operational concept as the blueprint for business organisation
in the future - where business works not through the old
system of employer/ employee, but through the association
of free people combining for mutual purpose. We think they
are right!
Please make sure you read the
candid review of CMR at
www.cmrworld.com/cmrcandid.asp
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All CMR Executive Members are notified by email of all new
prospective clients and business coming into CMR - with a
request to contact CMR Centre (or a nominated CMR Region) if
they have specific skills, experience or connections that
could be useful in handling that client's business - and
that they would like to be involved.
By
handling things in this way, CMR is usually able to assemble
a team of real experts in that particular business area or
industry. Those participating CMR Members can be based
anywhere in the world, but still be part of that team.
Usually one CMR Member will be appointed to lead the project
- this will often be a CMR Member who is geographically near
to the client, but that is not necessarily the case in all
circumstances. Once our team of experts is assembled,
we will often ask the team to work-out themselves how best
to handle the client & project - and who should lead the
team - CMR Centre will adjudicate if there is any
disagreement (but that is rarely necessary).
The system works well - it enables us to leverage the
immense skills and experience base of CMR - to give the
client the very best expertise to handle their situation.
It also gives CMR Executive Members the opportunity to be
integrally involved with projects that could be the other
side of the world. Often clients will express
amazement at the incredible knowledge and skills resource
base they now have through coming to CMR.
CMR has a continuous inflow of new clients from all over the
world - so there are many opportunities for all CMR
Executive Members to be involved. We do however ask
our members to only apply for involvement if they have a
special input to make - it is not for those with just a
general interest. It is because our teams comprise
real experts, that we can give this amazing service level to
our clientele.
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MEMBERSHIP
SUBSCRIPTIONS
CMR’s primary
objective is to make money for all concerned from servicing
clients well, not from charging very high joining or membership
fees, as some organisations seem to do. CMR’s philosophy
is to at least partially cover the basic infrastructure
costs of providing the facilities, support and network capabilities
through a minimal membership subscription, which entitles
full involvement with CMR’s activities, plus a small deduction
on fees earned through CMR. The cost of CMR
membership which varies according to membership category and
country, will be noted on our response to the receipt of a
membership application or inquiry. In all cases, the
total annual cost of CMR Membership is significantly below
one day's consulting income.
CMR TRAINING:
The primary training resource is through the very
comprehensive CMR Operations Manual, which is given to all
CMR Executive Members as they join us. It not only
gives a detailed description and modus operandi for all the
services provided by CMR, but also much advice on how to be
an effective consultant - and importantly how to handle
clients, in particular; how to convert prospective clients
into actual fee-paying clients.
In addition, there is much help available throughout CMR -
from CMR itself, Regional Directors and the extensive range
of colleagues you will have.
FEE COMMISSIONS:
A deduction
is made from fees earned by CMR members from CMR projects.
No deductions are due to CMR on private projects undertaken.
Professional
Indemnity Insurance: When
working on CMR projects, members are covered by CMR’s
professional indemnity insurance. Cover does not extended to
private work carried out by members.
Administration:
All
CMR projects will be invoiced to the client by CMR. When
the client has paid, the CMR members involved will input
their invoice to CMR which will then be paid promptly.
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CMR is a co-operative organisation that provides many
resources enabling its executive members to greatly widen
their scope and to develop income streams that simply would
not be possible for a standalone consultant to achieve.
Those resources cost money to provide. Most active CMR
members will find that the modest costs of membership
(annual subs = less than a day’s consultancy fees) are
quickly recovered – sometimes spectacularly so.
CMR’s relationship with its own executive members is on a
not-for-profit basis – CMR’s primary return comes from a
small (7.5%) share of client revenues generated. CMR’s
members can also use CMR’s resources to help develop their
own private business.
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There is no
definitive answer to this - it will largely depend on how
motivated and how good you are. Those that make the
effort and are good (an important combination!) will do
well. The highest earning members earn over GBP400,000
pa from CMR activities - in addition many members also have private
consultancy/ business income on top.
We will sometimes take
share equity in a client - which gives our members a
long-term and hopefully increasing revenue and share value
in the client's future prosperity. |
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Again, the answer is
dependent on how motivated and able you are. There are
no delays inherent in CMR membership - you can be
successfully earning good money shortly after joining.
The record so far is one member for whom we invoiced GBP55,000
within their first month.
We operate
a mentoring scheme in each CMR Region where a senior,
experienced member will directly help a new member to
rapidly become effective in handling clients. There is
a small cost involved (usually GBP250 per month) but there is
often a rapid payback in helping the new member to obtain a
good income in a much shorter timescale. |
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Business comes to CMR from
many different directions, giving us a very wide and diverse
range of clients and services required.
Some
Business comes to CMR 'automatically' - by that we mean that
clients seek us out, perhaps because they have been
recommended to us, or because they have seen our website (we
use google ads) or seen us in a website or directory (we are listed in
very many places). Or perhaps they have seen
newspaper/ magazine articles or advertisements.
Some
business comes to us because we/ our members have
proactively marketed ourselves. This can be through
CMR regional members networking within their local business
community. Building relationships with local
professional firms, banks, etc. are an important part of
this.
CMR also has important alliances with
other professional organisations which generate a continuous
inflow of new clients and projects.
Finally, we
have CMR's Business Referral Scheme, which gives outsiders
and CMR members a significant incentive to introduce new
clients and investors to us. |
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Why does CMR advertise for new
Executive Members? |
The CMR business model puts its senior
executive members in touch with many new clients, who can
absorb (and pay) for our executive's time, so that
eventually (and often quite quickly) our existing executives
become fully busy in dealing with their portfolio of clients
and other activities and do not have the time (or perhaps
the interest or need) to follow-up new clients as they come
to us. We have a continuous stream of new potential
clients coming to us from all over the world and must have
the ability to handle that client flow efficiently and
professionally.
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This
is one of the most important benefits of CMR membership.
Because we have real experts in every area of business we
are always able to assemble the perfect team for any
client's circumstances. It means that every CMR member
can handle every client, whatever their needs.
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You
merely stop paying the monthly subs (but please tell us
too!) - there is no minimum
contractual period involved. Often, if a CMR
Consultant Director obtains a full time employed job that they want to
take, they prefer to stay with CMR but on the lower cost
basis of dropping down to Affiliate Membership - this keeps contact with CMR (but not active
membership of a CMR Region, etc.) and allows Full Membership
to be resumed at anytime.
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CMR works
on a cash received basis. Invoices will be raised by
CMR on clients - when the client has paid, the team involved
are email-notified and they will email their invoice to CMR.
On the 8th working day (to allow for bank clearance) the
members are paid.
The net
receipt to CMR (after any external and investor commissions
and expenses) are split:
75% to the
Consultant Director(s) working on the project
10% to
whoever introduced the business
7.5% to
the CMR Divisional Director and Regional Director involved,
plus to the marketing fund.
7.5% to CMR
to pay for central admin, accounting, insurances (including
PI insurance) and general marketing/PR
The same split applies to equity shares we may take in
clients
CMR has
standard fees for some of the services/ resources we
provide:
For
successfully funding we will charge 5% of the first
GBP500,000, 4% on the next, 3% on the next and 2% thereafter.
In addition we will often ask for (and sometimes get!) a 5%
share option at par. Additionally we will charge a
negotiated fee for doing other work - for example preparing
their business plan, etc.
For
Technology Licensing work we normally do not charge a
time-based fee, but will usually take a 1/3rd equity holding
as our fee.
We also
have negotiated fees for company sales and mergers,
corporate recovery and for all the consultancy and business
support work undertaken. Fees are usually agreed
directly between the client and the CMR executive team
involved.
When
negotiating fees we will often prefer to charge at a high
rate, but then defer part of the fee onto a successful
outcome - that way the client feels happy to accept a higher
overall fee, and of course we benefit if we do a successful
job. In all cases the fees and structure will be
agreed by the CMR members involved (there is no imposition
of fee levels).
The negotiations of fees and
terms is handled by the CMR Execs dealing with the client -
it is their prerogative to decide (CMR will accept their
decision). The negotiation will include reimbursement
of costs (although invoiced through CMR, these are passed in
full to the CMR execs involved.
All invoicing
will be through CMR (CMR execs request for an invoice to be
raised, usually specifying text and amount - and payment
terms agreed). Any credit control needed is handled by
the CMR exec first, if unsuccessful, CMR will send
appropriate letters. In the rare case that legal
action is needed (we have never had to go that far), the
costs will be shared in proportion to fee shares.
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No!
Several years ago, we used to ask some of our more
successful members if they would mind acting as a reference
point for aspiring new members. Unfortunately we found
they were being bothered all hours of the day or night by
often quite long-winded telephone calls from people who
found it difficult to make up their minds and were looking
for comfort/reassurance that they would be successful if
they joined. Those of our members we asked were by
definition also the busiest, and as we did not pay them to
respond to reference phone calls, we had to terminate the
facility.
Sometimes we even get asked if an aspiring member can talk
to some of our clients. The answer is absolutely 'no'
- for what we hope are readily understood reasons.
Any aspiring member who
has doubts over whether to join, should read our candid
letter on the subject - see
www.cmrworld.com/cmrcandid.asp . CMR membership
will not be successful for everyone, and if serious doubts
persist, then you should not join. You do need to feel
reasonably confident in your abilities to interface with and
service clients - although we do provide new members with
training and mentoring to help. |
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Senior Executives |
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Business
Entrepreneurs |
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Investors & Venturers |
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FundEX
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Interim & Permanent
Management |
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Special
Programmes |
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Login |
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Main CMR Intranet members only |
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Regional Intranets |
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