- President's Message -

I would first like to take this opportunity to welcome and congratulate SMC’s five new Board of Governors members who were just elected. They are:

Michael Berthold, berthold@tripos.com
Z. Zenn Bien, zbien@ee.kaist.ac.kr
Diane Cook, cook@centauri.uta.edu
Chin-Teng Lin, ctlin@fnn.cn.nctu.edu.tw
Daniel Yeung, csdaniel@inet.polyu.edu.hk

They will serve until December 31, 2005.

If you know of any candidates you would like to nominate for 2004-2006, please let me know and I will pass their names on to SMC’s nominating committee.

Secondly, I would like to take this opportunity to touch upon several issues of concern to SMC. First, during the past few years, SMC itself has done very well financially, with reserves of $1.5 million at the end of 2002. However, as many of you know, IEEE itself is running huge deficits (of the order of over $30 million for 2001, $26 million in 2002, and as yet to be determined losses for 2003) due to IEEE’s massive increases in expenditures while at the same time incurring stock market losses; all societies, including SMC, are being taxed by IEEE to cover these deficits (SMC’s tax was over $839,000 for 2001).

Because of the financial situation IEEE is in, there is a debate as to what the professional and scientific goals and programs of IEEE should be. For 2003, SMC is budgeted to have a profit of over $500,000, but $475,000 of that will be taken away in the form of “infrastructure taxes” and “TAB support”. Much of this money is “transferred” to other parts of IEEE units, e.g., Regional Activities Board, IEEE Corporate Headquarters, etc., to pay for their programs and staff. Unfortunately, this has a negative affect on SMC as well as other societies. For example, in order to pay these “taxes”, we are asked to cut our food budgets at our conferences (without cutting the registration fees – in fact we are asked to raise the registration fees!), cut the page count of our journals (which will mean more backlogs and a longer wait for authors to get their papers published, if they even get accepted), and reduce other programs. The societies really have no say over how the other IEEE units “spend” the taxes we pay, that is decided by the IEEE Board of Directors who represent IEEE as a whole. This situation is causing all societies great financial difficulties, with some societies close to bankruptcy. Thus, you, as members of SMC and of IEEE, need to get involved in this debate as the decisions made in the future by the IEEE Board of, Directors, will affect you professionally, especially if you go to IEEE conferences or publish papers in our proceedings.

I strongly urge all SMC members to vote in the next IEEE election for candidates who promote fiscal responsibility within IEEE in order to help ensure SMC’s and IEEE’s long-term financially viability.

If you ever have any questions or problems, please feel free to contact me anytime!

Dr. Michael H. Smith
IEEE SMC President
m.h.smith@ieee.org
May 2003

 

 



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