The embattled business lobby group's efforts to address governance failings amid its misconduct scandal may come to nothing if its plans fail to win enough support among members.
"I know what this organisation can do when it is at its best. I've seen what we can achieve, and how powerful we can be in driving change. Even our competitor groups have admitted they can't match all that.
Victory would give Ms Newton Smith a mandate to institute changes to the board and the establishment of a people and culture sub-committee, and begin the task of restoring credibility among sceptical former members and rebuilding relations in Westminster.With income already hit by the fall in membership payments and a redundancy program announced to staff last week, the directors have already taken advice on winding up procedures if the organisation is no longer viable.
Other business groups have moved to fill the void in a battle for influence, with the British Chambers of Commerce announcing a newSupporters of the CBI's reform program say it has economy-wide expertise and experience that other groups cannot match that is worth preserving if concerns over culture can be addressed.
Leading firms that suspended engagement following the most serious allegations told Sky News that they were reviewing the prospectus for change and waiting for the outcome of the vote. PwC is expected to not vote despite retaining membership.
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