Promoting the professional management of surplus assets
Investment Recovery (often referred to by practitioners as "IR") is the practice of recouping the value of assets
no longer needed by a company by identifying and reusing or disposing
of surplus assets. But investment recovery managers work in dozens and dozens of industries (virtually a Who's Who of the Global Fortune 1000). The skill set required to accomplish the identification and disposition of surplus assets within a large organization are especially broad.
The Investment Recovery Association is the professional
organization for managers of surplus and idle assets and a diverse group of suppliers
to the industry. With corporate investment recovery (IR) departments
and the many
organizations providing specialized services for them, the Investment
Recovery Association is the premier resource for companies and
individuals engaged in the professional management of surplus and idle
assets.
- Our corporate members are a Who's Who of the Global Fortune 1000 and government organizations, representing virtually every industry.
- Our
associate members provide dozens of specialized services; from
appraisals of used equipment...to auctioneers...demolition and
environmental remediation contractors to scrap metal dealers and IT
asset disposition specialists.
- We are the only organization that provides certification for the investment recovery profession.
More about the Investment Recovery Association.
Most associations either represent a major industry like Home
Builders, or a specialized trade such as Demolition Contractors. In
that regard, the Investment Recovery Association is unique. The Investment Recovery Association helps fulfill an important role by bringing people together from disparate industries...all focused on sharing best IR practices and improving the knowledge and skills necessary to properly perform the wide-ranging responsibilities required of investment recovery practitioners.
We also provide important networking opportunities for IR professionals. Corporate IR managers share ideas with others who also work on the 'corporate side' of the equation, or meet with the many providers of specialized services often required in the valuation or disposition of surplus. All with the goal to help achieve the highest-possible value from otherwise idle assets that can be turned into bottom-line income or re-utilized somewhere else in the organization.
There are two types of membership in the Association.
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