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Overview

Providing a focused arena for business activities relevant to identified technical, educational or technological endeavors is the underlying purpose of ASME’s Institutes area. Institutes will be involved with mature technical or educational areas, which still afford room for innovation, or rapidly advancing technologies, where implementation strategies are still developing.

ASME currently has three Institutes. A dynamic, market-oriented focus, valid business models, $1M in gross revenue, a positive bottom line and diversified portfolio of products and services are traits shared by the current ASME Institutes. The International Gas Turbine Institute (IGTI) achieved Institute status in 1986, followed by the Continuing Education Institute in 2001 and the International Petroleum Technology Institute (IPTI), formed in 2004. IGTI and IPTI both serve well-defined markets in their respective technology/industry sectors. The Continuing Education Institute differs slightly, serving a specific market segment (technology training and professional development) across a large number of industries.

The Institutes Sector will also include an area for business development, or “Emerging Technologies” area as it is sometimes referred to. Incubators will help ASME expand its portfolio in the emerging fields of new technology as well as expand market share and relevance to specific customers in existing sectors. It will also serve as a staging ground for other units within the Society to attain Institute status. Current programs in the Incubator area include ASME’s Nanotechnology, Fuel Cell and Bio-Process Seminars. This portfolio of activities is expected to expand under the guidance of the Board of Institutes and input from industry partners, the Strategic Management Sector and other groups within ASME.

The Board of Institutes is comprised of the Vice President/Chair and senior staff member for each Institute or Business unit.

The Board of Institutes Operating Guide can be found at: Board of Institutes Operating Guide

The Board of Institutes organizational chart and roster can be found at: Institutes Organizational Chart

For more information on the Institutes Sector, please contact:

Michael Michaud, Managing Director, Institutes, michaudm@asme.org 
David Wisler, Sr. VP COE/Institutes, dave.wisler@ge.com


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