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<strong>Issue</strong> <strong>12</strong>: Feb 15 - Apr 15


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<strong>IQ</strong> welcome<br />

welcome to the twelfth edition of iq business magazine,<br />

a quarterly publication that offers insight and inspiration<br />

to sme business owners in cambridgeshire and suffolk<br />

FOLLOW ON US TWITTER<br />

@<strong>IQ</strong>BusinessMag<br />

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<strong>IQ</strong>BusinessMag<br />

CONTACT US<br />

01638 666432 or email<br />

info@iqmag.co.uk<br />

Definitely an issue all about<br />

reflection, this quarter we<br />

deliver your quota of local<br />

business news and information<br />

straight to your door. As this<br />

is the first issue of 2015, many<br />

contributors are sharing stats<br />

which collectively highlight the<br />

‘good feeling’ around business,<br />

but which also hint at an edge of<br />

caution. In the second quarter of<br />

2014, we noticed confidence back<br />

to pre-recession 2007 levels. It<br />

appears that businesses are now less willing to be trigger<br />

happy with spending and investment, but still retain a<br />

cautious optimism for the remainder of 2015.<br />

In this issue, a highlight for me was interviewing Dr Indy<br />

Singh from Cathedral Dental. <strong>IQ</strong> magazine aims to inspire<br />

the SME business owner, and his interview certainly does<br />

that. Indy’s self belief, tenacity and expertise in his field<br />

is inspirational. Setting goals is important to his business,<br />

which is a theme also highlighted in Andrew Webster’s article<br />

on page 15. Andrew stresses the importance of forecasting<br />

and reviewing company performance for those wishing to<br />

step it up and drive their businesses’ growth forward.<br />

For those of you who haven’t had the chance to visit the <strong>IQ</strong><br />

website yet, please do, its momentum is at a peak and it’s full<br />

of the latest local business news. If you have any business<br />

news you would like to share, send your information direct<br />

to me at gemma@cubiqdesign.co.uk.<br />

Gemma Treby<br />

to receive your free issue of iq<br />

Visit www.iqmag.co.uk and sign up to the <strong>IQ</strong> database to receive your free copy of <strong>IQ</strong> each quarter.<br />

issue <strong>12</strong> | page 5


<strong>IQ</strong> showcase


<strong>IQ</strong> contents<br />

in this issue<br />

08 Business overview<br />

11 2015: A Year To Grow<br />

<strong>12</strong> New Year, fresh start<br />

15 Growing your business<br />

16 Increasing your profits without just cutting costs<br />

19 The Growing Pains of Success<br />

20 Marketing: the new rules and the ones not to forget<br />

23 Working Together<br />

24 Motoring: A local focus<br />

26 Does your business have what it takes to be award winning?<br />

29 National Award is National Recognition for Suffolk<br />

31 Are you doing enough for your local community?<br />

32 What makes a business an award winning business?<br />

36 The Future of Ecommerce<br />

40 6 Reasons why Productivity is Low<br />

44 One size fits all?<br />

47 Death at the desk<br />

59 The property market<br />

65 That would never happen to us<br />

THe TEAM<br />

John Treby Creative Director | Gemma Treby Editor | Georgie King Editorial<br />

Kelly Baxter Editiorial & PR Assistant | Georgia Watson Editiorial & PR Assistant | Becca Plaxton Publication Sales<br />

Corentin Rosaire Publication Sales | Jess Pack Designer | Matt Cockerton Designer | Eugene Hector Designer<br />

Emma Sheppard Designer | Nick Jenkins Designer | Steve Parr Designer | Paul Paterson Designer<br />

Sean Brkovic Designer | Expert Contributors Glyn Mon Huges | Miles Vartan | Cambridgshire Chambers of Commerce<br />

Jacqui Kemp | Suffolk Chamber of Commerce | James Pinchbeck | Steve Elsom<br />

Cubiqdesign | Goodwin Business Park | Newmarket | CB8 7SQ | 01638 666432 | www.iqmag.co.uk<br />

issue <strong>12</strong> | page 7


<strong>IQ</strong> business overview<br />

BUSINESS<br />

OVERVIEW<br />

Iq magazine discusses the up and coming<br />

general election and the issues SMEs in<br />

Cambridgeshire and Suffolk are likely to<br />

face this year<br />

More Information<br />

www.iqmag.co.uk<br />

An alarming comment made by one pundit in the<br />

days prior to Christmas suggested the General<br />

Election Campaign would start virtually as soon as<br />

the Champagne corks had popped to welcome in<br />

the New Year. That’s four months of promises,<br />

projections, possibilities – anything to charm<br />

those of us with a vote on 7th May, to put an<br />

X in the right box.<br />

Things have already reached fever<br />

pitch with all politicians’ eyes on<br />

UKIP, former Prime Minister<br />

Tony Blair’s comments that<br />

Labour could probably not win being<br />

rapidly withdrawn, the feud between<br />

the Home Secretary and the Prime<br />

Minister becoming more acrimonious and<br />

the Lib-Dems fading to single figures in the<br />

opinion polls.<br />

Turn to the business pages of the newspapers, though,<br />

and there’s barely a word of dissent. UK growth<br />

figures might have been revised down slightly but are<br />

still the best since 2007, considerably better than any<br />

Eurozone economy. Unemployment is falling and<br />

there is a record number of people in work. Yet, as<br />

the politicians presently jockeying for position never<br />

cease to remind us, much remains to be done.<br />

What does seem to be certain is that it is small<br />

business which will help build lasting recovery and<br />

will bring added prosperity, whatever the outcome<br />

of the General Election in May. When City Link<br />

tragically collapsed on Christmas Day, it was not<br />

some major multi-national which suggested that<br />

it could stage a last-minute rescue, but it was small<br />

businesses up and down the country which suggested<br />

that they may need to take on an extra few drivers<br />

and couriers here and there. And while major<br />

projects, such as HS2, should it ever get built, attract<br />

the headlines, suggesting that 60, 70, 80, 90,000 jobs<br />

might be created, it’s rare for us to hear about how<br />

many jobs have been created in recent years in small<br />

businesses, those businesses which form the backbone<br />

issue <strong>12</strong> | page 8


<strong>IQ</strong> business overview<br />

of employment in Cambridgeshire and Suffolk.<br />

Already, John Allan, national chairman of the<br />

Federation of Small Businesses has talked about<br />

the sea change amongst politicians who are finally<br />

recognising the importance of smaller enterprises.<br />

He highlighted the fact that, in 2014, the number<br />

of small businesses exceeded five million for the<br />

first time. More and more sole traders are taking<br />

on their first employee and a considerable majority<br />

of businesses expect to take on more employees this<br />

year. The number of small businesses exporting is<br />

also rising rapidly, and wages in personal services,<br />

construction and agriculture – all significant sectors<br />

in East Anglia – are on the rise.<br />

Yet, there are problems which need to be addressed.<br />

Businesses drew attention to the scandal of late<br />

payment and to the remarkable revelation by<br />

Premier Foods that they charged companies which<br />

still wanted to be on their preferred supplier list.<br />

That, surely, is one of the most punitive measures a<br />

big business can make against those just starting<br />

out on their way along the rickety road to<br />

riches.<br />

There are things, too, which need to be<br />

addressed in Eastern England. Suffolk<br />

Chamber of Commerce continues<br />

its campaign to cut down on red<br />

tape. It’s something politicians<br />

promise to attack time and time again,<br />

yet progress is sometimes agonisingly slow.<br />

One aspect of this which the Chamber has<br />

highlighted is the Prime Minister’s desire to cut<br />

red tape while the Government puts into place<br />

policy decisions about planning procedures which<br />

actually increase the burden on business. Another<br />

concern highlighted is the overhaul of planning<br />

regulations contained within the National Planning<br />

Policy Framework, with many small businesses<br />

concerned that any new process within the localism<br />

agenda should favour business and economic<br />

development.<br />

While construction on HS2, initially linking<br />

London with Birmingham, could start within a<br />

year or so, there’s pressure to better road and rail<br />

links in eastern England. The New Anglia LEP,<br />

along with the Suffolk Chamber, has been lobbying<br />

for investment into the Great Eastern Main Line,<br />

while upgrades to the A47 continue to top the local<br />

business agenda.<br />

There is, though, a degree of scepticism afoot.<br />

The Chancellor’s Autumn Statement attracted<br />

much fanfare, but John Bridge, chief executive of<br />

Cambridgeshire Chambers of Commerce sought<br />

out a dose of reality, suggesting that many of the<br />

84 roads projects announced for England and<br />

scheduled for completion by 2021 are, in fact, plans<br />

which have already been announced and are merely<br />

being dressed up as a new project. He suggested<br />

that the political rhetoric needs to be tempered<br />

with a sense of reality, mainly focussing on whether<br />

in 2014, the number of small<br />

businesses exceeded five million<br />

for the first time. More and<br />

more sole traders are taking<br />

on their first employee and<br />

a considerable majority of<br />

businesses expect to take on<br />

more employees this year.<br />

these projects will be completed or, indeed, whether<br />

they are ever likely to see the light of day. Again, it<br />

is the long promised A14 improvements which are<br />

on the wishlist.<br />

The sad thing is that, whatever happens in May, not<br />

much will happen before 2016.<br />

Meanwhile, small businesses will continue to do<br />

their bit . . . extremely effectively.<br />

issue <strong>12</strong> | page 9


<strong>IQ</strong> growth<br />

2015: A YEAR TO GROW<br />

John Bridge OBE DL, Chief Executive, Cambridgeshire Chambers of Commerce<br />

highlights the positive statistics from the latest quarterly economic survey<br />

The East of England is a powerhouse of business growth<br />

and indications from the business owners that know their<br />

field the best are that it’s going to continue throughout<br />

2015.<br />

Each quarter the British Chambers of Commerce<br />

publish the results of their latest national Quarterly<br />

Economic Survey, and, for many years, businesses in<br />

the East have been outperforming their counterparts<br />

in other regions across the UK. Q4 2014 has been no<br />

exception.<br />

Here in the East companies have reported increases in<br />

domestic and export sales in both the manufacturing<br />

and service sectors. Companies have confirmed that they<br />

are continuing to grow their workforce, a step that is<br />

reflected in unemployment figures, and there is improved<br />

confidence that turnover and profitability will improve<br />

across the board.<br />

The bottom line is that the East of England is outweighing<br />

national performance, and that’s positive news for<br />

companies across the region. But what does our region<br />

have that others don’t? Convenient transport links to<br />

Europe and connections beyond; some of the world’s<br />

most renowned centres for academic excellence; vibrant<br />

technology clusters and centres for science and innovation;<br />

ambitious and forward-thinking manufacturers and<br />

exporters, and a willingness to collaborate.<br />

Flash back to those days in school where you’d be<br />

instructed, in pairs, to solve a puzzle. You’d frequently<br />

fight over the apparatus, grappling to be the one to say ‘I<br />

did it first’, before eventually pausing to think, and watch,<br />

as your partner sows the seeds that will lead you both to<br />

finding a solution.<br />

Our tactics may be a little more refined nowadays,<br />

but, here in the East, we’re continuing to turn to our<br />

neighbours for advice and input. We’re allowing them to<br />

have a go at fiddling with the puzzle. And together we’re<br />

coming up with the answers that are translating into new<br />

opportunities, creating jobs and generating wealth. For as<br />

long as that continues, businesses across our region will<br />

continue to succeed throughout 2015.<br />

Summary of National Stats<br />

British Chamber of Commerce Quarterly Economic Survey 4th Qtr 2014<br />

• Business confidence in both manufacturing and services<br />

is now higher than 2007 pre-recession levels<br />

• All national domestic balances improved in Q4 v Q3,<br />

remaining strong by historical standards<br />

• The manufacturing balance for export sales rose from<br />

16% in Q3, to 26% in Q4. However, it is still lower than<br />

the first two Qs of 2014<br />

• The strongest Q4 export balances were in the<br />

East, with the weakest manufacturing net balance in<br />

Scotland<br />

• Within the manufacturing sector, all firms surveyed in<br />

the East had tried to hire in Q4.The East also had the<br />

highest % of firms in the service sector that tried to<br />

recruit in Q4<br />

• In the service sector, the % of firms stating they were<br />

operating at full capacity remains unchanged at 46%,<br />

1% below the all-time high in 1997<br />

• In the manufacturing sector, worries over inflation rose<br />

sharply, as did exchange rate and competition worries.<br />

Things were slightly more stable in the service sector,<br />

with competition worries falling slightly and interest<br />

rate concern easing<br />

For more information<br />

www.cambridgeshirechamber.co.uk<br />

issue <strong>12</strong> | page 11


<strong>IQ</strong> business planning<br />

New Year, fresh start:<br />

how East of England SMEs can make the most of 2015<br />

Area director for SME Banking for Lloyds, Steve Elsom, summarises businesses<br />

expectations for 2015<br />

More Information<br />

Lloyds Bank, Endeavour House,<br />

Chivers Way, Vision Park,<br />

Histon, Cambridge,<br />

CB24 9ZR<br />

steve.elsom@lloydsbanking.com<br />

@steveelsom1<br />

The start of a New Year is always a natural point for<br />

businesses to reflect on performance, take stock of<br />

their progress and set out their aims and ambitions<br />

for the coming year. With 2014 proving to be such<br />

a strong period in terms of economic recovery,<br />

trading conditions and business activity, how are<br />

UK SMEs feeling about prospects for 2015?<br />

We wanted to speak to firms across the country to<br />

find out how business leaders feel as we move into<br />

the New Year, and gain an understanding of what<br />

they think they can expect for the coming twelve<br />

months. Last July, our Business in Britain report<br />

- a twice yearly snapshot of more than 1,500<br />

business’ expectations for the coming six months -<br />

revealed that overall UK business confidence had<br />

soared to its highest point since the survey began<br />

22 years ago, and firms were confident they would<br />

see a rise in sales, orders and profits. However,<br />

six months on, it would seem that the mood has<br />

changed somewhat, and business leaders are<br />

displaying an increased sense of caution and<br />

reserve for 2015.<br />

In the East of England, overall business<br />

confidence has slipped since July from 57% to just<br />

40%, with more business leaders stating they feel<br />

less optimistic about boosting their orders, sales<br />

and profits. Similarly, the latest report also reveals<br />

that overseas trading appears to be another area<br />

of concern for the East of England business<br />

community. Just 31% of the firms we spoke to<br />

said they planned to increase their exports over<br />

the next six months – a significant decline since<br />

last year’s 57%, with a large part of this decrease<br />

coming down to firms’ expectations for the<br />

Eurozone. Indeed, just 16% of businesses say<br />

they hope to increase trading on the continent.<br />

However, while the top line results might paint<br />

a slightly pessimistic picture on the surface, the<br />

reality is far from it, and actually the East of<br />

England is still displaying a solid rate of output<br />

that looks set to continue, albeit at a slightly more<br />

moderate pace than last year’s record high. For<br />

instance, while expectations for total sales, order<br />

and profits over the next six months may have<br />

dropped, they still remain above the long-term<br />

average for the region. Indeed, over half of the<br />

issue <strong>12</strong> | page <strong>12</strong>


<strong>IQ</strong> business planning<br />

firms we spoke to (53%) anticipate a rise in orders<br />

and sales, in comparison to just 10% and 13%<br />

respectively that expect a drop. This is also reflected<br />

in profits, with almost a half of firms predicting an<br />

uplift during the first six months of the year.<br />

Likewise, firms continue to be relatively upbeat<br />

about recruitment prospects, with almost a third<br />

of businesses (29%) stating that they will increase<br />

staff numbers during the first half of the<br />

year, compared with<br />

just over one in ten<br />

“<br />

while the top line results might paint<br />

a slightly pessimistic picture on the<br />

surface, the reality is far from it, and<br />

actually the East of England is still<br />

displaying a solid rate of output that<br />

looks set to continue<br />

(13%) who said they<br />

planned reductions. In<br />

addition, almost a third<br />

of companies expect<br />

to increase their capital<br />

expenditure, indicating<br />

that they are planning to<br />

ramp up investment as we<br />

move through the first half<br />

of the year.<br />

Taking all of these factors<br />

into consideration, it is clear there is still a lot for<br />

firms to be positive about, and the East of England<br />

business community remains robust. The economy<br />

as a whole is also strong, and falling inflation rates<br />

mean that businesses may be able to enjoy a period<br />

of lower costs and increased consumer spending – a<br />

great opportunity to capitalise on.<br />

Business leaders should also remember that peaks<br />

and troughs in the rate of business activity and<br />

output are completely normal, and something that<br />

can always be expected. Therefore, it stands to<br />

reason that they will go through phases of feeling<br />

more or less confident throughout their business<br />

cycle. Planning ahead and remaining confident will<br />

help ensure firms are in a strong position to handle<br />

any challenges that come their way.<br />

There is also a vast array of support services<br />

available to businesses looking to grow - be it<br />

capital to start a<br />

new venture, hire<br />

purchase facilities<br />

to invest in new<br />

machinery, or invoice<br />

discounting to help<br />

maintain a steady cash<br />

flow. We work closely<br />

with the Government<br />

on a number of their<br />

enterprise initiatives,<br />

including the Funding for<br />

Lending Scheme under which<br />

Lloyds Bank Commercial Banking gives<br />

all customers discounts of 1% for the life<br />

of the loans.<br />

Whatever a business’s situation, now is still the<br />

time to be focusing on growth, and considering all<br />

available expansion opportunities should be high<br />

on the agenda for 2015.<br />

“<br />

issue <strong>12</strong> | page 13


<strong>IQ</strong> growth<br />

GROWING YOUR BUSINESS<br />

In the second in a series of four articles in <strong>IQ</strong> , Websters turns its thoughts to growth and the<br />

importance of forecasting and planning<br />

Once your new business is up and running and past the<br />

start-up phase, your plans will turn to growth. It is often<br />

stated in the business press that most businesses grow by<br />

selling more products to existing customers, so therefore<br />

grow organically; but growth can mean many things, from<br />

doing business better and growing steadily, right through to<br />

more aggressive growth plans which could include merging<br />

or actively looking for other businesses to purchase. In<br />

all cases, forecasting and planning for growth enables<br />

successful business owners to scale up without strangling<br />

their business or running out of cash, so ensuring you<br />

understand and manage your finances is going to be<br />

paramount to your success.<br />

It is very tempting to rush ahead, particularly if you are<br />

over-achieving your initial sales targets, or perhaps have<br />

had a really successful period such as Christmas. Taking<br />

on new staff or premises is always a temptation, but underplanning,<br />

coupled with over investment or over committing<br />

financially, can kill your growing business. That is not to say<br />

you should not adjust your original business plan to take on<br />

board any new opportunities you have, but ‘steady away’<br />

is often the best approach! This approach is particularly<br />

important to those businesses that do not have contractual<br />

agreements. If your contracts are not guaranteed, or if your<br />

upsurges in profit are seasonal or proving to be temporary,<br />

keep an eye on your finances and aim to keep your costs to<br />

a minimum so that you can absorb your profits back into<br />

your business – and then reinvest.<br />

To check THAT your business is ready to go to the next level, review the following points:<br />

Have you looked at all the financial<br />

support options for your forecasts?<br />

Money for growth projects is now<br />

a little easier to find. Organisations<br />

such as your local LEP now have<br />

access to funding and can help<br />

you review if funding is the right<br />

option for your business.<br />

How are your customer, staff<br />

and supplier relationships? Do<br />

you spend time investing in your<br />

relationships with your customers,<br />

suppliers, bankers or staff to help<br />

create confidence in your business,<br />

build in some value and loyalty?<br />

Are you really aware of how your<br />

business is doing? Do you have<br />

financial reporting and forecasting<br />

processes in place that are robust,<br />

up-to-date and under control?<br />

Are you on top of all the legal<br />

and financial responsibilities of<br />

running your business so you have<br />

a steady foundation for a growing<br />

business?<br />

Are you maintaining your business<br />

momentum? Are you confident<br />

that you are focusing on the areas<br />

that are working and investing in<br />

them to help accelerate growth?<br />

Are you and your team reviewing<br />

your company performance<br />

systematically and consistently on<br />

a day-by-day basis? If you read<br />

these figures correctly, you can see<br />

into the future of your company.<br />

This will include profit margin<br />

changes, currency changes,<br />

seasonal dips and growth, risks<br />

and opportunities that could be<br />

on the horizon.<br />

Do you have good processes in<br />

place to ensure that all statutory<br />

compliance matters are dealt with<br />

efficiently and correctly?<br />

MORE INFORMATION<br />

Contact Websters for a free consultation or join one of the free Business Surgeries.<br />

0<strong>12</strong>23 507080 view our events on www.tax.uk.com<br />

issue <strong>12</strong> | page 15


<strong>IQ</strong> business planning<br />

INCREASING<br />

YOUR PROFITS<br />

WITHOUT JUST CUTTING COSTS<br />

James Pinchbeck of Streets Chartered Accountants offers<br />

advice on increasing the bottom line<br />

You would expect an accountant to say ‘Keep your costs down’, whether these<br />

are direct or overhead expenses. You’re probably less likely to find accountants<br />

considering some of the other key areas that can help to improve your profitability.<br />

Focus on core business<br />

Identify your key areas of profitability<br />

and those with an upward trend.<br />

All too often, enthusiasm for new<br />

products and services can distract<br />

from profitable core activity.<br />

Research shows that more successful<br />

businesses focus on core activities.<br />

Cherry pick, rather<br />

than mass market new<br />

customers<br />

When looking for more customers,<br />

focus on characteristics that are<br />

similar to your more profitable,<br />

existing customers.<br />

If you’re looking for new customers,<br />

consider splitting this role between<br />

those in your organisation who are<br />

good at hunting for new customers<br />

and those who are good at looking<br />

after existing ones.<br />

Know your customer<br />

and ensure your<br />

customers know you<br />

Many businesses focus purely on<br />

new customer generation. However,<br />

it is important to maintain a balance<br />

between generating new ones and<br />

servicing existing customers.<br />

Selling to existing customers costs<br />

six times less than selling to a new<br />

customer. It’s important that staff<br />

are fully aware of your products and<br />

the cross-selling opportunities. It’s<br />

equally important to ensure that your<br />

customers are fully au fait with your<br />

products and services. How many<br />

times have you heard the comment<br />

‘I didn’t know you did that’ and, as a<br />

result, a customer has bought from a<br />

competitor?<br />

Ensure you keep up to date with<br />

customer expectations; most business<br />

is lost through indifference.<br />

Spend time on the<br />

business, not just<br />

doing the business<br />

If you’re looking to increase capacity<br />

or improve efficiency, spend time<br />

looking at the way you do business.<br />

It can be surprising how often it’s<br />

possible to achieve increased sales<br />

and profitability without taking<br />

on more people or investing in<br />

additional resources.<br />

Invest in your people<br />

Staffing is often the biggest cost<br />

and the most significant resource.<br />

Consider developing existing staff<br />

and rewarding them with a bonus<br />

scheme, training or better working<br />

conditions. This approach can often<br />

help to reduce employment costs<br />

through improved retention and<br />

reduced absenteeism.<br />

issue <strong>12</strong> | page 16


Outsource<br />

For non-core activities or where<br />

in-house skills are lacking, it may<br />

be more appropriate to outsource<br />

functions. There is a growing trend<br />

for companies to outsource specialist<br />

services where there is a shortage of<br />

technical knowhow, or where the<br />

cost of carrying out the work inhouse<br />

would be prohibitive.<br />

Persistence<br />

It isn’t rocket science, but in most<br />

scenarios the failure to attain one’s<br />

goals is simply the result of a failure<br />

to pursue them. All too often, good<br />

ideas and intentions are lost when<br />

we revert back to old ways and<br />

bad habits. There is much more to<br />

profit improvement than just cutting<br />

costs and increasing prices. Whilst<br />

you might start with gusto on a<br />

programme for increased profit,<br />

it’s surprising how, by giving a little<br />

attention to some of the points<br />

above, a significant difference can<br />

be made to the bottom line of your<br />

business.<br />

Be a supplier of<br />

desire or preference,<br />

not just price<br />

If you’re able to differentiate your<br />

product and service in such a way<br />

that your competitors cannot match,<br />

or to such an extent that customers<br />

specifically seek or request your<br />

supply, then you may be able to gain<br />

by increasing price, and therefore<br />

create a profit margin advantage.<br />

However, if the service or product<br />

you offer is just like your competitors’,<br />

then invariably the buying decision<br />

is all too often down to price, with<br />

ultimately pressure on profit.<br />

Create barriers to<br />

competition<br />

In addition to differentiating the<br />

service or product you offer, the<br />

ability to create something that<br />

gives you a competitive advantage,<br />

especially if you can protect it with<br />

a trade mark, patent or intellectual<br />

property, certainly can help enhance<br />

your margins.<br />

<strong>IQ</strong> business planning<br />

Budget for profit<br />

and review the way<br />

you budget<br />

It’s still quite alarming how many<br />

businesses don’t produce a forecast<br />

or budget unless they have to, say<br />

for a bank or other financial lending.<br />

The importance of a good budget,<br />

along with budgetary techniques<br />

where budgets are reviewed and<br />

action taken to ensure objectives<br />

are achieved, is essential. Probably<br />

more important for best results and<br />

improved profits is the basis used to<br />

produce the budget forecast. Perhaps<br />

one of the best methods is zero<br />

budgeting, where you build a budget<br />

on zero spend up, challenging and<br />

justifying all the spend you make.<br />

Certainly, this approach brings a<br />

fresh perspective and helps to avoid<br />

the budget looking the same, give or<br />

take, each year.<br />

Hopefully, the pointers outlined in this<br />

article will help to trigger some new<br />

ideas for your business and some fresh<br />

thinking. Whether you are mid-year,<br />

or looking at budget forecasting or<br />

profit improvement generally, a useful<br />

adage is, ‘If you carry on doing what<br />

you have always done, you will only<br />

have what you have always had’.<br />

Given the growing sense of growth in<br />

the economy, perhaps now is a good<br />

time to look at how profitable your<br />

business really could be, not least<br />

remembering that ‘Profit is sanity and<br />

turnover is vanity’.<br />

MORE INFORMATION<br />

www.streetsweb.co.uk<br />

issue <strong>12</strong> | page 17


<strong>IQ</strong> showcase<br />

issue <strong>12</strong> | page 18


<strong>IQ</strong> business planning<br />

THE GROWING PAINS OF SUCCESS<br />

Alex Brearley, Managing Director of agb Environmental, celebrates a successful<br />

start to 2015, whilst acknowledging the difficulties of business growth<br />

It’s not every year you look back at<br />

the books and realise you’ve achieved<br />

155% increase in business growth. Yet,<br />

having accomplished just that, Alex<br />

Brearley, Managing Director of the<br />

environmental engineering business<br />

agb Environmental, considers the<br />

most important issues when looking to<br />

expand your business.<br />

Cash Flow<br />

“Increasing turnover means increasing the gap<br />

between paying out and being paid. This has to be<br />

funded, somehow. Moving your business plans from<br />

paper to reality can be challenging, but without<br />

answering your cash flow situation, it seems little<br />

else can be achieved.”<br />

Developing Systems<br />

Ahead Of Time<br />

“You have to have systems. When you are an<br />

SME, you can almost make it up as you go, but<br />

this becomes a major burden when the business<br />

expands, as it takes up a lot of time making loads<br />

of little decisions. You also risk being unfair to the<br />

team. One rule must apply to all of them.”<br />

Opportunity<br />

“Sometimes an opportunity hits you and you have to<br />

act. Be ready for it, as you may only get one chance.”<br />

Sales Balance<br />

“One of the biggest issues I’ve found is balancing<br />

the certainty of sales and the resources to deliver<br />

them. This is especially hard when you are an SME,<br />

as each team member represents a large percentage<br />

increase in resources and overheads. If you wait<br />

until you have the demand, the existing resources<br />

can’t cope, but if you go too early, you risk losing<br />

profitability.”<br />

The Right Team<br />

“Good people are hard to come by, which becomes<br />

more of an issue when you recruit technical specialists<br />

who are in demand. Furthermore, when you are away<br />

from a major population centre, such as London, the<br />

percentages appear not to swing in your favour.<br />

“I’m really proud of the team we have – they’re a<br />

great group of people who are helping to shape the<br />

company culture. And, luck or fortune, either way,<br />

the team has enabled our rapid growth more than<br />

anything.”<br />

Whilst the points above raise areas of<br />

concern and highlight key aspects of<br />

successful business growth, Alex still<br />

considers the biggest challenge to be<br />

that of confidence.<br />

“Business plans look great, and micro<br />

and macro scale economics in your<br />

sector can give you a positive outlook,<br />

but having the confidence is perhaps<br />

the biggest challenge. At the end of<br />

the day, you can’t share the blame if it<br />

goes wrong,” he adds.<br />

“However, this is all offset when<br />

you start ticking off the milestones<br />

as you reach them. As soon as you<br />

set one, you’ve surpassed it and the<br />

next one is in your sights. This sense<br />

of achievement is a real buzz, and<br />

it’s great to share that with the new<br />

team. Growth is hard work, it adds to<br />

your workload significantly. You have<br />

to earn your money day to day, and<br />

then add growth on top… but it is<br />

absolutely worth it!”<br />

More Information<br />

agb Environmental, Newmarket Business Centre, 341 Exning Road, Newmarket, CB8 0AT.<br />

Tel: 01638 663226. www.agbenvironmental.co.uk<br />

issue <strong>12</strong> | page 19


<strong>IQ</strong> marketing<br />

Marketing<br />

the new rules and the ones not to forget<br />

GEMMA TREBY from Cubiqdesign gathers the team’s thoughts on the<br />

marketing trends for 2015<br />

Getting your head around the<br />

latest trends, what’s moving,<br />

what’s shakin’ and what’s right<br />

for your business, is tough work, especially in the marketing<br />

world where there are so many opinions and variables.<br />

Working in a studio which encompasses a mass of marketing<br />

talent, I have gathered the team’s thoughts on the trends<br />

which they feel will play an important role in the SME<br />

marketing strategy this year and ahead. I have also added<br />

in a few old school activities that we really should not forget.<br />

More Information<br />

Follow Cubiqdesign on twitter: @cubiqdesign. www.cubiqdesign.co.uk<br />

issue <strong>12</strong> | page 20


<strong>IQ</strong> marketing<br />

The Modern Consumer<br />

One running theme and topic of conversation, when<br />

we discuss the future, is the heightened expectations<br />

of the modern consumer, who demands a more<br />

personalised communication whilst also wanting<br />

transactions to be smooth and seamless. Brands will<br />

also need to ask less from consumers, but provide<br />

more. Those that do this will benefit from superior<br />

brand awareness, improved conversion rates, better<br />

brand affinity and consumer loyalty. Get your head<br />

around this, and the rest should follow.<br />

Personal Branding<br />

Promoting individuals as experts in their field will<br />

play an important role and is no longer just for the<br />

airy-fairy PR types. PR gets serious and becomes<br />

50% about the business and 50% about the experts<br />

within that business. Sending out highly relevant<br />

information across your platforms and proving that<br />

your business ‘knows its stuff’ will be key to clients<br />

purchasing your product and service. Social media is<br />

a dream for this activity, but the traditional methods<br />

are also very effective and important. Engagement<br />

with the press, and talking to relevant groups, will<br />

pitch your personal brand at the right level.<br />

Micro Targeting<br />

This is a marketing activity I really enjoy, as the<br />

results are clear and ROI easier to evaluate. It’s<br />

delving deeper, getting personal and speaking to<br />

your sales team to ask who is at the top of their wish<br />

list and how we can engage with those individuals.<br />

Getting personal will be something every brand<br />

should be clamouring to do this year. Sending tactile<br />

information which touches the potential client is an<br />

important factor in successful micro targeting. This<br />

is where the sales and marketing functions merge; it’s<br />

a good thing, and you should encourage this if you<br />

want to see your organisation flourish.<br />

Digital<br />

Last year digital accounted for 25% of the marketing<br />

budget, and this year that figure is expected to rise to<br />

33%. How many times have we heard that ‘content is<br />

king’! However, it’s true, and looking at what the content<br />

is, where it sits and what it says is absolutely crucial to<br />

driving the success of your digital strategy. The aim is to<br />

not slip from that first page of Google, and the strategy<br />

for doing that, changes regularly. However SEO is not<br />

the be all and end all, how we convert those visitors into<br />

leads or customers is the ultimate end game. This is<br />

where visitors must have a great online experience with<br />

your brand, made possible through cracking design and<br />

development. Another buzzword to throw out there is<br />

automated marketing. Again, it’s not easy or cheap, but<br />

it’s highly effective. At its best, marketing automation is<br />

software and tactics that allow companies to buy and sell<br />

like Amazon - that is, to nurture prospects with highly<br />

personalised and useful content which helps convert<br />

prospects into customers.<br />

The good old-fashioned mix<br />

Individual marketing activity is part of a mix, and what<br />

the right mix is for your business is the million-dollar<br />

question. When your mix is right, the bottom line<br />

hopefully produces the figure you project. This is where<br />

we see most small businesses struggling, as the bigger<br />

picture fails to be considered; my favourite saying is<br />

‘When you cannot see the wood for the trees’. Sometimes<br />

you need someone to help you do that, so you can get on<br />

with running your business.<br />

Print<br />

Yes, I know some may argue this is old school, but I don’t<br />

totally agree. We see great results from print work, and<br />

brochures are very important for most businesses. Leaving<br />

behind a tactile, creative brochure with key information<br />

after a meeting should not be underestimated. Brochures<br />

can reach the right person’s desk far more effectively than<br />

a link to a website. Savvy clients will consider having their<br />

very own seasonal publication; this enables them to push<br />

their desired message whilst offering a lifestyle read. This<br />

can also help tick the ‘personal branding’ box.<br />

issue <strong>12</strong> | page 21


<strong>IQ</strong> business <strong>IQ</strong> showcase planning<br />

WORKING TOGETHER<br />

Kelly Baxter, PR Executive at Cubiqdesign,<br />

highlights the importance of using local suppliers<br />

“Made in England”, “Locally<br />

Sourced” and “Buy Local” are all<br />

terms used for PR and sales strategies<br />

across a wide variety of industry<br />

sectors. In the food sector, we have<br />

already become accustomed to<br />

buying locally sourced food and are<br />

even willing to pay more to know our<br />

money is going back to the farmers,<br />

butchers and bakers in our region.<br />

Grocers look to local sourcing to meet<br />

environmental and ethical demands,<br />

and also reap many benefits, including<br />

shorter supply chains, lower delivery<br />

costs and faster reaction times.<br />

So what can this mean for your<br />

business? Can you guarantee the<br />

same quality of service you’ve come<br />

to expect from large, national chains?<br />

And what’s in it for you?<br />

It goes without saying that by investing<br />

back into the local economy you’re<br />

helping to stimulate the economic<br />

growth in your region, thus bringing<br />

more business to the area in the<br />

long term. Research on spending<br />

by local authorities shows that for<br />

every £1 spent with a small or<br />

medium-sized business, 63p stayed<br />

in the local economy, compared to<br />

40p with a larger business. What all<br />

this amounts to is something called<br />

the local multiplier effect. That is,<br />

spending your money at independent<br />

businesses begins a cycle in which<br />

those businesses then spend their<br />

money at local shops, and so on. Big<br />

chains, on the other hand, often take<br />

local money and send it to corporate<br />

headquarters for redistribution. After<br />

all, isn’t a thriving local economy what<br />

we’d all like to see?<br />

Its benefits also extend to housing<br />

prices. According to a recent study,<br />

high streets populated with thriving<br />

independent businesses boost the<br />

prices of nearby homes. The research<br />

by American Express found that, over<br />

the past decade, house prices near a<br />

prosperous town centre have risen by<br />

an average of £40,000 more than<br />

other properties.<br />

Working within close proximity<br />

of your suppliers can dramatically<br />

reduce delivery and distribution costs,<br />

and also strengthen the relationship<br />

you have with one another. Regular<br />

contact and face-to-face meetings<br />

help to establish strong, reliable<br />

relationships that can benefit your<br />

business greatly in the long run.<br />

This is also particularly attractive<br />

for businesses that work on a Just-In-<br />

Time basis.<br />

Another factor to consider is, that<br />

by using a local supplier, you are<br />

probably already aware of their<br />

reputation or know someone who is.<br />

If you are considering using a new<br />

supplier, ask around and see if others<br />

would recommend them, check how<br />

long they have been established, and<br />

if they are financially secure. From<br />

a PR angle, promoting your use of<br />

local suppliers and investing in the<br />

community will strengthen your<br />

company’s appeal and reputation.<br />

Local suppliers are particularly<br />

beneficial to SMEs, as highlighted by<br />

John Treby, Director of Cubiqdesign:<br />

“Wherever we can, we tend to support<br />

local suppliers for a number of<br />

reasons. On occasions, a face-to-face<br />

meeting is really needed, and using<br />

local suppliers makes the process<br />

quicker and easier. We also find that<br />

by building long-term relationships<br />

with local suppliers, we can pass<br />

out recommendations on services<br />

outside our remit, and also receive<br />

referrals coming into us. We work<br />

with companies across the UK and<br />

in Europe, but our core suppliers are<br />

probably within a 50-mile radius of<br />

our location, so sourcing local works<br />

for us.”<br />

Using local suppliers will not be<br />

right for every business. Ultimately<br />

the factors you should look for when<br />

selecting those with whom you do<br />

business are reliability, quality, value<br />

for money, good communication,<br />

financial security, and the potential to<br />

develop a strong partnership.<br />

But, as John points out, “There have<br />

been occasions when we have seen<br />

a really great supplier, but we have<br />

turned down their services due to<br />

lack of proximity. There was a really<br />

great accountancy firm specialising in<br />

our field, but the disadvantages of not<br />

being able to ‘pop in’ and the lengthy<br />

commute to London outweighed<br />

the benefits.”<br />

issue <strong>12</strong> | page 23


<strong>IQ</strong> showcase<br />

Robinsons Mercedes-Benz Showroom, Cambridge.<br />

Motoring:<br />

A Local Focus<br />

Robinsons Group Marketing Manager,<br />

Lyndsey Pollard, discusses the<br />

importance of local promotion after<br />

troubling times in the trade<br />

More Information<br />

www.robinsonsmotorgroup.com<br />

Article by Georgie King<br />

With tough financial woes having cast<br />

a shadow on the motoring industry in<br />

recent years, the stability of the trade<br />

has been questioned time and time<br />

again as we saw yet more dealerships<br />

closing across the region, and<br />

manufacturing moving overseas.<br />

Yet, despite a drop in forecourt sales,<br />

the industry appears to have remained<br />

more resilient than first thought, with<br />

an increase in the aftersales market.<br />

As it grew 6.3% in value to £8.97bn<br />

in 2011, marking a 7% increase in<br />

real terms between 2008 and 20<strong>12</strong>,<br />

the apparent decline in the motoring<br />

industry may have not been as bad as<br />

it first seemed.<br />

So why did we see many dealerships<br />

shut shop and retreat from our region?<br />

We caught up with one of East Anglia’s<br />

leading motor groups, Robinsons, to<br />

find out why they continued to fight<br />

the recession, and invest heavily in<br />

new areas of the business.<br />

“In recent years we have invested<br />

in marketing to a greater degree to<br />

ensure the brands that we represent<br />

are promoted within our area of<br />

influence, reaching both customers<br />

and conquests alike,” explained<br />

Robinsons Group Marketing<br />

Manager, Lyndsey Pollard.<br />

“Although our manufacturing<br />

issue <strong>12</strong> | page 24


<strong>IQ</strong> showcase<br />

partners have always supported us<br />

with national marketing activity, it<br />

remains important for us to develop<br />

our own marketing strategy to build<br />

our local presence and adopt a<br />

differentiated approach. This has<br />

always been our focus, and the last few<br />

years have proven key to pushing our<br />

local appeal.”<br />

Having launched a brand new<br />

publication for Mercedes-Benz in the<br />

height of the recession, Robinsons<br />

Motor Group has continued to push<br />

its local presence and has reported the<br />

benefits of such targeted marketing.<br />

“Our decision to move towards a<br />

lifestyle magazine came when we<br />

felt we were missing a trick to not<br />

associate our products with lifestyle<br />

messages and other high end products.<br />

Although it was a fair investment,<br />

we certainly feel the benefit of our<br />

Robinsons Mercedes-Benz <strong>Magazine</strong>,<br />

now in its 8th issue,” added Lyndsey.<br />

“We consider our magazine key in<br />

creating leads for us to convert into<br />

sales during March and September,<br />

our busy plate change months.<br />

Customers bring our magazine into<br />

our showrooms and tell us about it as<br />

their source of enquiry.<br />

“It showed a good response straight<br />

away from the first issue; after 4<br />

weeks of the magazine being out, we<br />

recorded 11 sales entirely from the<br />

magazine, where people downloaded<br />

and presented the voucher offer we<br />

promoted inside.”<br />

John Treby, director of Cubiqdesign,<br />

the creative agency behind the<br />

Robinsons Mercedes-Benz <strong>Magazine</strong><br />

commented, “When Robinsons<br />

shared the ROI figures we were<br />

delighted; to be working with such a<br />

prestigious brand is very exciting for<br />

us. Increasing marketing spend when<br />

competitors are retracting is a brave<br />

but very successful move which applies<br />

to many industry sectors.”<br />

Now, with analysts forecasting a<br />

positive outlook for UK car dealers in<br />

2015, things are finally looking positive<br />

for the industry, although, admittedly,<br />

that’s assuming there will be a modest<br />

organic volume of growth.<br />

The sector outperformed 2014<br />

expectations by 25%, yet analysts are<br />

now predicting stability and modest<br />

pressure on pricing across the core<br />

markets, which is thought to slow<br />

dramatic progression.<br />

Still continuing to push ahead with<br />

its marketing plans and new areas of<br />

focus, Robinsons is getting ready once<br />

again for a dynamic marketing drive<br />

on a local level. Investing heavily in<br />

The latest edition of Robinsons<br />

Mercedes-Benz <strong>Magazine</strong>.<br />

its marketing team this year, it would<br />

appear more is yet to come.<br />

“To enable us to implement our<br />

strategy, we have grown our marketing<br />

team, bringing some resource and<br />

expertise in-house which historically<br />

has been outsourced,” revealed<br />

Lyndsey. “The decision is a key<br />

investment into future plans, and one<br />

that we are certain to benefit from in<br />

the long term.”<br />

Now following a surge in PCP sales,<br />

which currently accounts for 80% of<br />

new car retail registrations, it would<br />

appear that the industry is due to face<br />

further changes in both marketing<br />

strategies and sales.<br />

So the question remains as to whether<br />

2015 marks the end of troubling times<br />

for the trade, or whether it simply<br />

diverts attention to customer retention<br />

and repeat business; only time will tell.<br />

issue <strong>12</strong> | page 25


<strong>IQ</strong> exposure<br />

Rosa dos Santos,<br />

NDCC and the team at<br />

Cubiqdesign - Business<br />

of the Year Award<br />

DOES YOUR BUSINESS HAVE WHAT IT TAKES TO BE<br />

AWARD WINNING?<br />

Mike Robinson of the NDCC highlights the<br />

benefits of having an award winning business.<br />

Suzanne Pearson (left)<br />

and Helen McGaffin<br />

- Sharing Parenting -<br />

Judges Award for Small<br />

Business and Apprentice<br />

of the Year Award<br />

The NDCC Business Awards Night is again being staged at the Granary Barns, Woodditton, on Friday 5th June 2015.<br />

issue <strong>12</strong> | page 26


<strong>IQ</strong> exposure<br />

Does the cliché ‘award winning’ actually<br />

mean anything?<br />

Does it really represent achievement or recognition or<br />

it is just a nice addition to the dodgy reception area art<br />

that, in Newmarket, is inevitably dominated by pictures<br />

of racehorses, jockeys and owners, all grinning in equal<br />

measure?<br />

Interestingly, although Newmarket’s dominant industry<br />

is equine-centric, the District Chamber of Commerce’s<br />

Business Award archive shows that although there have<br />

been entrants and constant support, there has not yet<br />

been an outright winner from this sector. 2015 may, of<br />

course, be different.<br />

Newmarket & District Chamber of Commerce<br />

membership extends across what is effectively Forest<br />

Heath District Council’s patch, and encourages Business<br />

Award submissions from the whole area, not just the<br />

largest town.<br />

“This area is not just about the equine industry,’ says<br />

Chairman, Graham Abbey. “We have a wide range of<br />

businesses from those associated with the commercial<br />

aircraft and motor industries, construction, leisure, retail<br />

and the entire service sector.<br />

“Nominations are generated across the board. They come<br />

from owners, employees and frequently from customers<br />

who feel that good service should be recognised.”<br />

The NDCC’s Business Award categories are vetted<br />

regularly and this year the sub-group is headed by Oliver<br />

Shevki whose company, Convergence Communications,<br />

is a previous winner.<br />

“While many of the traditional categories have been<br />

retained, we’ve introduced new areas to reflect changing<br />

trends like ‘Product of the Year’ and ‘Creativity in<br />

Business’.<br />

“In total, there will be a dozen sponsored categories.<br />

Sponsorship is another way in which local businesses<br />

can become involved and support the local business<br />

community at the same time as gaining valuable<br />

publicity.”<br />

In 2013, Suzanne Pearson’s ‘Sharing in Parenting’ won<br />

two awards, ‘Apprentice of the Year’ and ‘Small Business<br />

of the Year’. Suzanne said, “Getting the Judges’ Award<br />

for Small Businesses was such a surprise and felt like a<br />

real achievement for the business. It helped us and others<br />

Noel Byrne, Bedford<br />

Lodge Hotel - winner of<br />

the Business Person of<br />

the Year Award<br />

to see that what we do is worthwhile for parents and<br />

communities.”<br />

Cubiqdesign, publishers of this magazine, were major<br />

winners with the ‘Business of the Year Award’ and<br />

‘Effective Use of Marketing’ which the judging panel<br />

said was recognition that a ‘flourishing local business can<br />

compete in the national marketplace’.<br />

Gemma Treby insists that the award was additional<br />

recognition for the entire Cubiqdesign team. “Business<br />

Awards are important marketing tools, trophies of<br />

which to be proud, but most importantly they are<br />

an acknowledgement by the business community,<br />

competitors and peer groups that you are a serious<br />

player.”<br />

Noel Byrne, Chief Executive of Bedford Lodge Hotel,<br />

was awarded 2013’s NDCC Businessman of the Year<br />

Trophy. “Business Awards are important for both<br />

individuals and organisations. At a personal level, they<br />

are professional recognition that you and your team are<br />

getting the job right; they are also recognition by your<br />

peers, both locally and within your industry, which is<br />

always an honour. It is truly a reflection on all the hard<br />

work of the team and their ability to stay focused on the<br />

goals ahead and keep raising the bar.<br />

To enter or sponsor contact:<br />

Claire Elbrow, NDCC on 01638 731513, or follow the latest details on:<br />

www.newmarketanddistrict.co.uk/businessawards2015<br />

issue <strong>12</strong> | page 27


Follow Cubiqdesign on twitter twitter.com/cubiqdesign<br />

For more information please visit our website<br />

or email gemma@cubiqdesign.co.uk<br />

info@cubiqdesign.co.uk | 01638 666432<br />

www.cubiqdesign.co.uk


<strong>IQ</strong> exposure<br />

National Award is National<br />

Recognition for Suffolk<br />

Suffolk Chamber Of Commerce celebrates its achievements at the annual Chamber Awards<br />

The leaders of Suffolk Chamber of<br />

Commerce have said that the recent<br />

award they collected at a national<br />

ceremony in London is ‘national<br />

recognition for everyone in Suffolk.’<br />

The Chamber picked up the “Most<br />

Effective Campaigning” Award at<br />

the British Chambers of Commerce’s<br />

annual Chamber Awards, which were<br />

announced in a ceremony at the<br />

Tower of London.<br />

Suffolk Chamber led the campaign<br />

against the plan to use tolls to help<br />

fund key improvements to the A14<br />

around Huntingdon; these tolls<br />

were widely viewed as imposing an<br />

unfair and damaging burden on the<br />

economy of Suffolk. A free-flowing<br />

A14 is of fundamental importance<br />

to the economic infrastructure and<br />

future success of Suffolk, a county<br />

that is home to 730,000 people, which<br />

delivers 305,000 jobs, and which has<br />

an economy worth £<strong>12</strong>.6 billion every<br />

year.<br />

“It was a great honour for the<br />

Chamber to collect this award on<br />

behalf of partners and colleagues who<br />

supported the Chamber-led No Toll<br />

Tax on Suffolk campaign,’’ said John<br />

Dugmore, the Chief Executive of<br />

Suffolk Chamber of Commerce. “No<br />

Toll Tax on Suffolk was a powerful<br />

campaign that was underpinned by<br />

the drive and support from a host of<br />

partners – our MPs, Local Authorities,<br />

Local Enterprise Partnership, business<br />

groups and most importantly the<br />

L-R John Dugmore, Chief Executive, Suffolk Chamber/ Sarah Howard, President Suffolk<br />

Chamber/ Danny Longbottom, BT Business & Stephen Britt, Chairman, Suffolk Chamber<br />

Transport & Infrastructure Board.<br />

business community, from across<br />

our great county. That is what made<br />

the difference, and that is why we’re<br />

delighted to be awarded such a great<br />

national prize.”<br />

The No Toll Tax on Suffolk campaign<br />

was raised at local, regional and<br />

national level, including local MP<br />

Therese Coffey meeting with the<br />

Prime Minister; representatives of the<br />

group meeting with the Secretary of<br />

State for Transport; and the Suffolk<br />

Chamber Chief Executive directly<br />

asking George Osborne to scrap the<br />

plans.<br />

“There is no doubt the Government’s<br />

plans to toll the A14 would have been<br />

a direct tax on business in our county,”<br />

said Stephen Britt, the Chairman of<br />

the Suffolk Chamber Transport and<br />

Infrastructure Board, who was also at<br />

the Awards in London. “That is why<br />

the campaign gained so much support.<br />

There was, and is, no national strategy<br />

for tolling roads, and penalising<br />

drivers to come in and out of a county<br />

that is a positive contributor to the UK<br />

plc made no sense at all.”<br />

A study commissioned from Ernst and<br />

Young by Suffolk County Council in<br />

collaboration with Suffolk Chamber<br />

as part of the campaign, concluded<br />

that “as a trade and distribution hub<br />

with a growing population, Suffolk<br />

depends on the quality and free flow<br />

of physical transport infrastructure”<br />

and “the end of congestion on the<br />

A14 could generate c£362 million in<br />

annual GVA and create up to 7,100<br />

jobs in Suffolk”.<br />

Because of ‘No Toll Tax on Suffolk’<br />

the potential for these figures from<br />

the Ernst and Young report can be<br />

achieved following the upgrade to the<br />

A14.<br />

issue <strong>12</strong> | page 29


AVOID<br />

THE QUEUES<br />

Pre-register for your<br />

free entry and free<br />

parking NOW<br />

East Anglia’s Premier Business to<br />

Business Exhibition Championing<br />

Business Growth in the Region<br />

Stands are now available to<br />

book at The Anglia Business<br />

Exhibition, East Anglia’s<br />

largest and best Business to<br />

Business Exhibition. Taking<br />

place at Trinity Park (Suffolk<br />

Showground) Ipswich on<br />

Wednesday 6th May 2015, the<br />

event this year is even bigger<br />

and better than before with<br />

more exhibition space and<br />

attractions, developing and<br />

growing significantly over the<br />

last 20 years to become the<br />

most important business to<br />

business event to be seen at.<br />

The event is free to attend and<br />

offers a wealth of opportunity,<br />

advice and information crucial<br />

for ongoing business growth<br />

within a challenging economy.<br />

The event welcomes<br />

businesses from a crosssection<br />

of industries, large<br />

and small, with support from<br />

some of the regions leading<br />

businesses, making it a great<br />

place to do business.<br />

The exhibition will also benefit<br />

this year from a new Property,<br />

ANGLIA BUSI-<br />

NESS EXHIBI-<br />

2015. This new satellite show will<br />

TION<br />

Home and Investment Show, an<br />

exciting and brand new event for<br />

showcase some of the leading<br />

property, home and investment<br />

opportunities in the area.<br />

How to book:<br />

Businesses are invited to<br />

book their stand via www.<br />

angliabusinessexhibition.com<br />

The only requirement is that you<br />

are members of one or both of<br />

the organisations staging<br />

the event: Ipswich & Suffolk<br />

Small Business Association<br />

(ISSBA) or Suffolk Chamber of<br />

Commerce. You will need to<br />

have your ISSBA or Chamber<br />

login ID, your public liability<br />

insurance number, and your<br />

payment card to hand when<br />

making the booking. Don’t’<br />

worry if you are not an ISSBA or<br />

Suffolk Chamber of Commerce<br />

member you can join and<br />

membership starts from as little<br />

as £42 inc VAT per year.<br />

Over 200 Exhibition Stands All Under One Roof<br />

Some areas already sold out!<br />

1500+ Visitors<br />

Your Opportnity to Make Contact with Key Decision Makers<br />

Business Networking Area<br />

Strategic Partner and Sponsors ‘Key Note Speaker’ Breakfast<br />

The Chill Out Zone<br />

Specialist Clinics<br />

Special ‘One Day Exhibition Offer Packages’<br />

Catering and Refreshements<br />

Free Entry<br />

Ample Parking


<strong>IQ</strong> community<br />

Are You Doing Enough For<br />

Your Local Community?<br />

Kelly Baxter, PR Executive at Cubiqdesign evaluates why your business should be<br />

involved in local projects and initiatives<br />

Company culture is a very important factor in running a<br />

successful business. The way your employees feel and the<br />

overall impression your brand generates to the public is<br />

critical to your survival, so what can you do to ensure you<br />

get it right? By getting involved with community projects<br />

you are able to:<br />

engage<br />

your<br />

employees<br />

Have a<br />

positive<br />

impact<br />

on your<br />

community<br />

Gain operational<br />

benefits e.g. offer<br />

apprenticeships that<br />

can not only help<br />

you, but will reduce<br />

unemployment in your<br />

local region<br />

Build a good<br />

reputation so<br />

that clients and<br />

potential employees<br />

will want to work<br />

with you<br />

Multiple surveys suggest that a<br />

company with strong Corporate Social<br />

Responsibility (CSR) policies have<br />

“happier” and “better” employees, as<br />

job satisfaction is increased and they<br />

are able to attract high quality talent.<br />

Encourage your employees to partake<br />

in volunteering projects; they’re an<br />

altogether worthwhile and fulfilling<br />

experience which will not only allow<br />

your employees to make a difference<br />

in your community, but will also result<br />

in greater job satisfaction. Examples<br />

include guest speaking at schools and<br />

colleges to inspire the next generation;<br />

helping out at a local charity<br />

organisation; or even supporting your<br />

staff to become Special Constables<br />

through an Employer Supported<br />

Policing (ESP) scheme.<br />

There are several such initiatives<br />

taking place in our region. Over the<br />

past five years, staff at MedImmune<br />

Biotechnology Company based in<br />

Cambridge have made more than 50<br />

visits to local schools where they use<br />

models and concepts to explain their<br />

research work to children as young as<br />

four. MedImmune also supports wider<br />

community-based initiatives such as<br />

the Society of Biology’s ‘Big Biology<br />

Day’ at Hills Road Sixth Form College<br />

and the annual Cambridge Science<br />

Festival, as well as supporting staff who<br />

want to get involved in local charity<br />

initiatives.<br />

HMP Highpoint holds regular<br />

Employer Engagement Events, the<br />

most recent of which took place in<br />

January, encouraging local businesses<br />

to network and take part in a ‘Breaking<br />

the Cycle’ initiative that aims to reduce<br />

reoffending through partnerships with<br />

local businesses.<br />

Newmarket Festival promotes<br />

Newmarket’s economy through a<br />

series of community based events,<br />

including QIPCO Guineas Preview<br />

Lunch, Newmarket Hilly Cycling<br />

Sportive, the July Festival Ball, and an<br />

Equine Professionals Conference. The<br />

Festival also organises a community<br />

awards evening that offers four shortlisted<br />

charities the chance to win<br />

£500 - £2,000. It is also developing<br />

a scholarship and intern programme<br />

to offer fixed-term placements to<br />

candidates aged 18-25 at local<br />

businesses across the region.<br />

If you are reading this as a manager<br />

or CEO, and are wondering if there<br />

is more that your company can be<br />

doing to help your community, why<br />

not visit the following links to give<br />

you some ideas. After all, clients will<br />

want to work with companies who are<br />

focused on developing a better world,<br />

and employees will want to work for a<br />

brand that gives back.<br />

www.thenewmarketfestival.co.uk | www.do-it.org.uk<br />

www.newmarketanddistrict.co.uk/newmarket-vision-project | www.cambridgebid.co.uk<br />

www.cambridgeahead.co.uk | www.ourburystedmunds.co.uk<br />

issue <strong>12</strong> | page 31


<strong>IQ</strong> showcase<br />

What makes a business<br />

an award winning business?<br />

Gemma Treby interviews Dr Indy Singh, owner of<br />

Cathedral Dental, a multi-award-winning dental practice<br />

Cathedral Dental is a dental practice based in Bury<br />

St Edmunds. Launched in 2008, it offers a whole<br />

range of general dental treatments. In addition, it<br />

provides more specialist treatments including cosmetic<br />

dentistry, teeth whitening, implant dentistry, teeth<br />

straightening and many other treatments. In 6 years,<br />

Indy has increased the profitability of his business<br />

by 40%, as well as winning a multitude of<br />

national and local business awards … making him<br />

the one to watch!<br />

issue <strong>12</strong> | page 32


<strong>IQ</strong> showcase<br />

When you launched your business, did<br />

you have a clear business plan with<br />

goals and objectives?<br />

When I bought the practice in 2008 I was very naïve,<br />

and if I am honest, I didn’t really know what I was<br />

doing. I read a few books about running a business<br />

and thought to myself that it seemed pretty easy, so<br />

I bought a dental practice and gave it a go. Once it<br />

was open, I realised how difficult running a business<br />

actually is, and it took me at least three years to find<br />

my feet.<br />

Once I got to grips with things, I realised how<br />

important it is to have goals. If you don’t know<br />

where you’re going, how are you going to get there?!<br />

I worked with a business coach to set my goals, and<br />

once I’d done that, the business really took off.<br />

I have some ultimate goals which I’m aiming for, and<br />

working backwards from that, I have set 5 year goals,<br />

yearly goals, 90 day goals and also daily goals.<br />

I believe that when you set your goals, you have to set<br />

them big. One of my ultimate goals is to create the<br />

most successful dental brand and group of practices<br />

in the world.<br />

Are you on track to achieve<br />

your ultimate goal?<br />

I am about 6 years into my 30 year plan, and I<br />

think I’m more or less on track. All businesses<br />

have their ups and downs which can throw<br />

you off track, such as staff leaving, competitors<br />

opening and so on. When this happens I just<br />

deal with it and change plans accordingly.<br />

What has been the hardest thing about<br />

running a successful business?<br />

Running a business is really hard. I could write a<br />

whole book in answer to this question, but I’ll keep<br />

it short. One of the hardest things is the amount of<br />

time you have to put in - late nights, early mornings,<br />

weekends... Getting the work/life balance correct is<br />

tough.<br />

If you could turn back the clock to the<br />

beginning, would you change anything?<br />

No, I wouldn’t change anything. It’s been a<br />

great journey so far and even though I’ve made<br />

loads of business mistakes along the way, I have<br />

considered them to be learning experiences.<br />

The three lessons I’ve learnt are, first of all,<br />

if you want to be successful you’ve got to love<br />

what you do. If you don’t have passion for your<br />

industry or your business, then it just won’t<br />

work. Why do something every day that makes<br />

you miserable? If you’re not having fun, then<br />

what’s the point? Also, you’ve got to be prepared<br />

to graft. You have got to put in the hours.<br />

Finally, self-belief is so incredibly important,<br />

because if you don’t believe you can achieve<br />

a vision or a goal, then you won’t even start<br />

to do the work needed to achieve that vision or<br />

that goal.<br />

Which award has been<br />

the most prestigious and<br />

important one to you?<br />

Winning the 2013 Best UK Marketing Strategy<br />

at the Dentistry Awards was huge - a bit like<br />

the Oscars for Dentistry. There are over 10,000<br />

dental practices in the UK, so to beat everyone<br />

else was some achievement. In that year we also<br />

won Best Team in the East of England. We also<br />

won the Velvet <strong>Magazine</strong> Awards for Healthcare<br />

in 20<strong>12</strong> and 2014. The Velvet awards are the<br />

ones that I am most proud of as they were voted<br />

for by our patients and customers. At the end of<br />

the day the most important thing is what your<br />

customers think of you, so for them to take the<br />

time out to vote for us meant a lot to me.<br />

issue <strong>12</strong> | page 33


<strong>IQ</strong> showcase<br />

issue 10 | page 34


<strong>IQ</strong> showcase<br />

What sets you apart from the rest and<br />

has helped you win those awards?<br />

I just do my own thing and I don’t look at what my<br />

competitors are doing. I have just tried to create a<br />

dental practice that I would love to go to. Due to<br />

this, I feel we tend to be a bit different, so we stand<br />

out from the competition. We also use an amazing<br />

marketing company, Cubiqdesign, and this has<br />

definitely helped in winning the UK award.<br />

What role has the team played in<br />

the winning of awards?<br />

The team has played a major part in winning<br />

the awards. You can’t do everything by yourself,<br />

so it’s important to surround yourself with a<br />

great team. The team is very proud that we<br />

have won awards. It’s given them a great morale<br />

boost, and they get a buzz from working in an<br />

award-winning business.<br />

Would you consider your team to<br />

be a motivated one?<br />

As dentistry is essentially a service industry, it’s really<br />

important that the team is happy. If people come to<br />

see us and everyone on the team is grumpy, it reflects<br />

really badly, and it’s unlikely anyone will come back.<br />

Motivating a team and keeping everyone happy is<br />

hard, and it’s a constant, ongoing process. The first<br />

stage is getting the right people in. We recruit by a<br />

person’s personality and attitude. If someone has the<br />

right attitude, get them in; you can always teach them<br />

the skills of the jobs later.<br />

We have regular meetings with the team and are<br />

always talking to them. From this we can see what<br />

problems are occurring and then make changes. I find<br />

that if the team can see that we value their opinion,<br />

it keeps them happy and motivated. We also have<br />

various bonus systems in place which gives everyone<br />

something to work towards. This improves teamwork<br />

and ultimately keeps everyone motivated.<br />

If all else fails, then the best thing I can do to keep<br />

everyone happy is to buy them cakes or biscuits or<br />

chocolate every week. Don’t scrimp either, the posher<br />

the cakes are, the happier the team are!<br />

What kind of a leader are you?<br />

I suppose I’m quite a laid back leader. I find if you<br />

don’t micro-manage your team and allow them a bit<br />

of freedom to do their job, you get amazing results.<br />

I have a practice manger in place who does all the<br />

human resources and takes care of the day-to-day<br />

running of the practice.<br />

What do the next 5 years<br />

hold?<br />

I have big plans for the next 5 years, and want to<br />

grow the business considerably. I have hundreds<br />

of ideas, and it’s just a case of finding time to<br />

implement them.<br />

This year we are extending the existing building<br />

too, so it will have 4 surgeries. Once this is done,<br />

it will be a case of increasing patient numbers so<br />

the practice is running to 100% capacity with<br />

all 4 rooms fully booked and running 6 days per<br />

week.<br />

After this, it will be a case of setting up the next<br />

practice and repeating the process over again.<br />

The practice is the busiest it has ever been,<br />

and our appointment books are full for about 6<br />

weeks. This is the result I will aspire to for all my<br />

practices in the future.<br />

More Information<br />

Cathedral Dental, 15 Angel Hill, Bury St Edmunds, Suffolk IP33 1UZ.<br />

Tel: 0<strong>12</strong>84 705637. www.cathedraldental.co.uk<br />

issue <strong>12</strong> | page 35


<strong>IQ</strong> ecommerce<br />

The Future of<br />

Ecommerce<br />

Chris Butterworth, Senior Developer at Cubiqdesign,<br />

discusses the online trends for 2015.<br />

Last year saw e-commerce retailers<br />

and marketers taking tips and tactics<br />

from product development with the<br />

use of user experience making it<br />

easier for a user to buy a product, a<br />

trend which is set to continue this<br />

year. With this in mind, more and<br />

more companies will have the budget<br />

to undertake user research and create<br />

the perfect platform for their target<br />

audience.<br />

Along with user experience, 2015<br />

will see a push towards contextual<br />

marketing. Contextual marketing is<br />

data-driven marketing which uses<br />

data gathered from user behaviour<br />

and profiling. Gathering this data can<br />

be easy; web analytics go a long way to<br />

help with it, can be easy to set up, and<br />

will track any user visiting the website.<br />

KISSMetrics, Google Analytics and<br />

Piwik are all examples of analytics<br />

giving varying levels of data. Other<br />

data that analytics can’t tell you, such<br />

as age and interest, can be gathered<br />

via social media and through forms<br />

that would allow a user to find out<br />

more about your products.<br />

This data allows you to deliver<br />

personalised and relevant content at<br />

the right place and at the right time.<br />

Even without contextual marketing,<br />

any analytics you gather can help<br />

find where people are dropping, and<br />

allow you to research why, so you can<br />

improve this.<br />

With most of the public now owning<br />

a super computer in their pockets,<br />

and mobile traffic skyrocketing over<br />

the past couple of years, 2015 will<br />

see a shift in the balance with more<br />

and more traffic coming from mobile<br />

devices. This means that companies<br />

will have to step up their game and<br />

start to create sites that are friendly<br />

for all devices, thereby allowing<br />

prospective customers to be able to<br />

access websites on any device. These<br />

websites should look perfect, and offer<br />

customers the optimal experience and<br />

journey when purchasing a product.<br />

Mobile e-commerce - known as<br />

m-commerce - is growing like wildfire,<br />

with traffic soaring and services like<br />

ApplePay offering more options<br />

to pay for items. This means that<br />

m-commerce is likely to grow, with<br />

more payment options surfacing to<br />

offer users more and more ways in<br />

which to buy an item on their phones<br />

wherever they are, regardless of<br />

connection, and the ability to do so<br />

securely.<br />

Forrester, the well known researchers,<br />

predicts that next year will be the year<br />

of globalisation, with more and more<br />

shoppers being abroad and speaking<br />

another language. If you have the<br />

option of international shipping and<br />

can market your website to best suit<br />

your audience, you’re set, except for<br />

one thing, language. According to<br />

OHT, the world’s largest translation<br />

agency, having the right language<br />

for your user helps with making the<br />

sale, as you’d expect. This means that<br />

globalisation needs localisation too.<br />

Another thing to look out for will be<br />

how wearable tech, such as Google<br />

Glass and improvements to smart<br />

watches, could effect e-commerce.<br />

issue <strong>12</strong> | page 36


<strong>IQ</strong> ecommerce<br />

For instance, they may help to create<br />

omni-channel marketing and online<br />

ordering, in addition to notifying a<br />

user of stock and price changes. It’ll<br />

be interesting and exciting to see<br />

how wearable tech will affect multichannel<br />

e-commerce in 2015 and<br />

beyond, and how these devices will<br />

integrate with daily life.<br />

Lastly, here are a few statistics about<br />

2014, published by UPS. 2014 saw<br />

over half of all retail transactions<br />

taking place online, with one fifth<br />

of these being on a mobile device.<br />

More stats in the report showed the<br />

importance of having device agnostic<br />

and optimised websites, with the<br />

following reasons being used for not<br />

purchasing using a mobile device:<br />

• User can’t get a clear or large<br />

enough image of the product<br />

• The product information cannot be<br />

easily viewed<br />

• It’s hard to compare products<br />

• Concerns about giving personal<br />

credit card information over a<br />

mobile connection.<br />

Online shoppers use their mobile<br />

devices for several different preand<br />

post-purchase functions, with<br />

tracking deliveries and research<br />

occuring most often. Below are a few<br />

examples:<br />

• tracking delivery<br />

• researching products on your<br />

mobile device before visiting a store<br />

• researching products and<br />

alternatives during visit to a store<br />

• locating stores or checking an<br />

inventory.<br />

These examples show the importance<br />

of having a device agnostic and<br />

optimised website design to boost<br />

conversions and to offer alternative<br />

payment options to those who are<br />

security conscious.<br />

All in all, this year is set to be<br />

a great year. With the right strategy,<br />

marketing and platform, you<br />

won’t miss the racing train that is<br />

e-commerce, ensuring that your<br />

business will capitalise on the benefits<br />

of selling online<br />

For more information<br />

Cubiqdesign, 01638 666432.<br />

www.cubiqdesign.co.uk<br />

@cubiqdesign<br />

CubiqdesignLtd<br />

issue <strong>12</strong> | page 37


<strong>IQ</strong> gadget update<br />

Gadget Update<br />

David Donnan and Paul Avory, of Igentics, offer their verdicts on this month’s gadgets<br />

The Selfie Phone Finder<br />

I have to admit that I was somewhat sceptical of this<br />

gadget. The premise is a Bluetooth-enabled key fob which<br />

allows the user to connect it to a smartphone, and then it<br />

acts as a proximity detector and a remote<br />

switch.<br />

When first presented with the<br />

fob, I thought it looked rather<br />

like it might be used to unlock<br />

a 1987 Vauxhall Astra. Once<br />

the app had been identified and<br />

installed, the initial connection<br />

was very simple. And it really does<br />

£29.99. Available from www.iwantoneofthose.com<br />

work as it claims.<br />

The proximity detector is where the device could really be<br />

useful. With a 10m range, it is very easy to<br />

use the fob to find your smartphone<br />

and vice versa, or to get an alert<br />

when the fob moves out of range.<br />

This is especially handy in our<br />

house, as we can never find the keys,<br />

but is also a benefit when there are<br />

several items you want to keep an eye on. So<br />

the applications for this gadget could range from<br />

childcare to taking valuables on holiday. by Paul Avory<br />

Wacom Intuos Pen and Touch<br />

Prices range from £84.99 - £169.99. Available from Wacom.com<br />

First impressions are of a welldesigned<br />

slate, with the aim of<br />

recreating an A4 notepad in<br />

electronic form.<br />

A great benefit of this pen is that it<br />

doesn’t require the batteries which<br />

hamper a wireless mouse. Having<br />

previously only ever used a mouse, my<br />

first inclination was to place the slate<br />

to the right of my keyboard, leaving<br />

the keyboard clear and enabling my<br />

left hand to occupy the crucial key<br />

command space. This proved to be<br />

slightly problematic, as using two<br />

screens resulted in the cursor wanting<br />

to drift across the screen of the slate<br />

in a peculiar fashion. As soon as<br />

the slate was placed in front of the<br />

screen, the issue was resolved.<br />

If you’ve ever tried to sketch a picture<br />

or paint a curve in a CS package,<br />

you’ll understand why a mouse is a<br />

flawed device, and why a pen offers<br />

greater flexibility. With the Intros pen<br />

you can draw in the traditional sense<br />

on the slate’s electronic paper with<br />

your movements reproduced on the<br />

screen.<br />

Whether you will like the Wacom<br />

Intuos or not isn’t down to how well<br />

the product is designed and built; it’s<br />

about how familiar and proficient<br />

you’ve become with your mouse.<br />

by David Donnan<br />

more information<br />

www.igentics.com<br />

issue <strong>12</strong> | page 39


<strong>IQ</strong> employment<br />

6 REASONS WHY<br />

PRODUCTIVITY IS LOW<br />

Jacqui Kemp discusses the impact of the latest CIPD stats<br />

Recently I was talking to a senior manager at a local<br />

business. It’s a subsidiary of a USA company and its<br />

senior management was unhappy with the UK office<br />

performance. He was very worried about the implications<br />

for the future. Productivity had not dropped, but neither<br />

had it risen, as the parent company expected.<br />

The Chartered Institute of Personnel and Development<br />

(CIPD), the professional body for HR and people<br />

development, recently published a paper on the topic.<br />

They found that this company was not alone – overall<br />

productivity in British companies was below that of<br />

both Germany and the USA. CIPD research found<br />

that about 30-35% of staff had some sort of managerial<br />

responsibility, so even modest improvement in the way<br />

they work can add up to big organisational benefits.<br />

CIPD research concluded that it was management<br />

practice that was at fault and highlighted six key areas<br />

for improvement:<br />

1<br />

While management<br />

practices have kept<br />

pace with international<br />

competition during the last<br />

year, they have not made any<br />

ground. It’s essential they<br />

do so in such a fast-paced<br />

environment.<br />

2<br />

We need a new<br />

approach to managing<br />

organisations that<br />

stimulates more effective<br />

employee involvement, and<br />

commitment to achieve high<br />

levels of performance.<br />

4<br />

Less than 5% of a manager’s time is spent speaking formally<br />

or informally with the people they manage, and under half<br />

of employees questioned were happy with the time their<br />

manager spent with them.<br />

3<br />

While 65% of<br />

employees are satisfied<br />

with their line manager,<br />

that still means 35% are not.<br />

Furthermore, only 35%<br />

say they trust their senior<br />

managers. It’s well known<br />

that people work harder for<br />

managers they like and trust,<br />

producing higher productivity,<br />

taking less sick days and<br />

staying with the organisation<br />

longer.<br />

5One in five employees reported that they<br />

had never had a formal meeting with their<br />

manager.<br />

6Companies which invested in training<br />

for staff fared better when pursuing high<br />

quality strategies.<br />

issue <strong>12</strong> | page 40


<strong>IQ</strong> employment<br />

35% of employees do not trust their manager<br />

Despite being an HR consultant for several years, I<br />

was aghast at some of these findings. ‘Only one in five<br />

employees reported they had ever had a formal meeting<br />

their manager’! That’s a terrible indictment. It means<br />

no staff appraisals, no weekly or monthly meetings and<br />

probably not even an induction. How can the managers<br />

know their staff or how well they are working?<br />

‘Less than 5% of<br />

manager’s time<br />

spent speaking to<br />

staff’! I’ve noticed<br />

that many managers<br />

do not seem to<br />

realise that time spent<br />

managing people is<br />

part of their work. This<br />

means time needs to be<br />

allocated to it, it should not be seen as an ‘extra’ to<br />

“We need an approach to managing<br />

organisations that stimulates more<br />

effective employee involvement,<br />

and commitment to achieve high<br />

levels of performance. “<br />

the manager’s ‘real’ work. How much time managers<br />

spend on staff will depend on several issues – experience<br />

of staff, workloads, new projects, sickness levels, etc. As<br />

the report points out, without good attention to workers,<br />

productivity fails to reach full potential.<br />

‘35% of employees do not trust their manager’! This is so<br />

worrying. Without trust, staff will not go to their manager<br />

when they have a personal or professional problem. They<br />

won’t work hard for them. They won’t tell them they’re<br />

applying for another job either!<br />

More Information<br />

Jacqui Kemp 01954 267 640 or email<br />

jacqui@namasteculture.co.uk<br />

www.namasteculture.co.uk<br />

issue <strong>12</strong> | page 41


<strong>IQ</strong> employment<br />

The mamas<br />

And<br />

the papas<br />

Jacqui Burke helping your business<br />

evolve to accommodate the latest<br />

employment law changes<br />

The past couple of years have seen a whole raft of<br />

employment law changes that have already impacted<br />

heavily on small businesses, and which continue to do so<br />

- pensions auto-enrolment, real time reporting and the<br />

right to request flexible working being just a few. But these<br />

almost pale into insignificance when compared with the<br />

complexities to be faced by small businesses as a result of<br />

the introduction of Shared Parental Leave for the parents<br />

of babies born after April 2015.<br />

The intention behind the legislation is to allow fathers<br />

to play a greater role in raising their children, to help<br />

mothers return to work when they want to without losing<br />

leave entitlement, or to enable mothers to return to work<br />

temporarily for a busy period. The rules also apply to<br />

same sex couples and to couples adopting or involved<br />

in surrogacy.<br />

Shared Parental Leave will allow parents to share statutory<br />

leave and pay following the birth of a child by allowing<br />

mothers to choose to end their maternity leave at any<br />

point after the initial two week compulsory maternity<br />

leave period. The parents can then choose how to split the<br />

remaining 50 weeks of leave between them, taking leave<br />

either separately or at the same time.<br />

The most challenging aspect of the legislation for small<br />

businesses is that parents may choose to take leave either<br />

as one continuous period or in discontinuous periods. This<br />

means that the mother can return to work for a while after<br />

the first two weeks, and then take further leave at a later<br />

date or dates. Similarly, the father can take Shared Parental<br />

Leave at any time within that 50 week period.<br />

In order to get ready for the introduction of Shared Parental Leave employers should:<br />

Review the eligibility criteria and<br />

update policies and procedures to<br />

ref lect Shared Parental Leave<br />

Consider how to deal with requests<br />

for continuous blocks of leave<br />

(these requests cannot be refused);<br />

for example, arrangements made<br />

for maternity cover<br />

Consider how to respond to requests for<br />

discontinuous patterns of leave (these can<br />

be rejected on certain grounds but need to<br />

be managed objectively and with a view<br />

to avoiding any form of discrimination)<br />

More Information<br />

http://www.acas.org.uk/index.aspx?articleid=4911<br />

https://www.gov.uk/shared-parental-leave-and-pay-employer-guide<br />

visit www.flourishingpeople.co.uk<br />

issue <strong>12</strong> | page 43


<strong>IQ</strong> business planning<br />

ONE SIZE<br />

FITS ALL?<br />

Sarah Brereton of Limewash discusses the need to consider<br />

all stakeholders when forming a communications strategy<br />

Strong personal relationships are<br />

built on a solid foundation of trust,<br />

mutual respect, mindfulness (taking<br />

responsibility for our words and<br />

actions) and open communication.<br />

The relationships we forge in business<br />

with our colleagues, clients and other<br />

stakeholders, should be built on<br />

nothing less.<br />

Understanding your target audiences<br />

and developing meaningful<br />

relationships with them is the key<br />

foundation for any marketing<br />

communications strategy or activity<br />

that drives a return. Building trust<br />

and respect can take years, but the<br />

rewards are worth the effort. Effective,<br />

proactive communication will<br />

support the development of positive<br />

relationships, as well as influence<br />

attitudes and behaviours across a<br />

wider environment, all of which will<br />

have a positive effect on how your<br />

organisation and your products and/<br />

or services are perceived.<br />

It is particularly important to get this<br />

right when dealing with very diverse<br />

sets of audiences - all of whom have<br />

very specific, but varied considerations<br />

when it comes to thinking about their<br />

involvement in your business. Good<br />

examples are science or specialist<br />

business parks. Here the stakeholder<br />

audiences are not only the prospective<br />

tenants that the park is trying to<br />

attract, but also the land developers,<br />

investors (large corporates, venture<br />

capital firms, private individuals etc),<br />

existing tenants, commercial property<br />

agents and the park management<br />

team. Each of these audiences has a<br />

stake in the success of the endeavour,<br />

but success will look very different<br />

for each one, making it critically<br />

important to understand each<br />

audience in detail before deciding<br />

what to communicate to them and<br />

in what way. When dealing with<br />

complex groups of stakeholders such<br />

as these, one size definitely does not<br />

fit all.<br />

More Information<br />

Contact Limewash on 0<strong>12</strong>23 813557. www.limewashmedia.com<br />

issue <strong>12</strong> | page 44


<strong>IQ</strong> business planning<br />

Are you talking to me?<br />

We all like to believe that our audiences - however diverse<br />

- are at the forefront of our minds when making business<br />

decisions. But all too often, the consideration we actually<br />

give them is fleeting at best, and is either based on a<br />

historical view, or is in fact our own opinion transposed<br />

onto the audience in question.<br />

In order to develop an effective communications strategy,<br />

we need to identify and examine the stakeholders under<br />

a number of headings, and, in the case of a science or<br />

innovation park, those stakeholders, as stated above, can be<br />

multiple and varied:<br />

Who are they?<br />

Which individuals or groups<br />

influence the effective<br />

development and continued<br />

growth of the park or can be<br />

influenced by its actions?<br />

Stakeholder analysis, to<br />

establish who and what their<br />

considerations are, is key to<br />

success here. Clearly identifying<br />

what you want to say, to whom<br />

and what action you wish<br />

to elicit as a result of that<br />

communication is paramount.<br />

Different stakeholders require<br />

different considerations, and<br />

acknowledging these will ensure<br />

that your communications are<br />

appropriate to each.<br />

Why should we<br />

communicate with them?<br />

The effective communication<br />

of appropriate information<br />

will help you develop a trusted<br />

peer-to-peer relationship with<br />

your stakeholders. Effective<br />

communication can assist a<br />

science or innovation park, for<br />

example, in the development of<br />

a good relationship between the<br />

park and its environment (current<br />

tenants, the local community,<br />

industry organisations etc), and<br />

can also influence the wider<br />

environment by informing and<br />

changing attitudes across target<br />

groups.<br />

What should we<br />

communicate and how?<br />

Aristotle hit the nail on the head<br />

when, in 350 BC, he said: “If<br />

communication is to change<br />

behaviour, it must be grounded<br />

in the desires and interests of<br />

the receivers.”<br />

In order to ensure that we are<br />

communicating successfully,<br />

we must always refer back to<br />

our stakeholder considerations,<br />

and design not only the<br />

communication content, but<br />

also the method of delivery<br />

accordingly.<br />

Methods of delivery link directly back to the target<br />

audiences, and it is essential to recognise the differences<br />

between the stakeholders and the way in which they<br />

wish to receive and digest information. For example, a<br />

commercial property agent who spends a great deal of time<br />

out of the office undertaking prospective client viewings<br />

will appreciate a website that is optimised for mobile<br />

platforms, enabling him to easily access availability sheets<br />

and property brochures via an iPad or smart phone. On<br />

the other hand, an Office Manager for a mid-sized biotech<br />

wishing to explore potential laboratory options in the area,<br />

might find a hard copy brochure more appropriate, given<br />

that their task is to gather information for the ultimate<br />

decision maker to review at an opportune moment.<br />

Whomever you are targeting, it is important to ensure that<br />

every communication is clear, concise, includes a clear call<br />

to action, is proactive rather than reactive, and is followed<br />

up to determine effectiveness.<br />

Stakeholder communication should become part of the<br />

daily life of your organisation. Ensuring that stakeholders<br />

become active and equal partners in the relationship, rather<br />

than distant and passive objects, ensures a better foundation<br />

from which you can challenge the way you have always<br />

communicated…particularly if there is uncertainty about<br />

whether current efforts are delivering the value required.<br />

issue <strong>12</strong> | page 45


<strong>IQ</strong> <strong>IQ</strong> employment<br />

showcase<br />

Death at the Desk<br />

So, you were a relatively active person when you were<br />

younger; although you played a few sports, aches and pains<br />

were a myth and any injury you sustained was a distant<br />

memory within a couple of days. What’s more, you ate what<br />

you wanted, couldn’t put on weight if you tried, and, no<br />

matter what happened, you still felt great for school or work<br />

on Monday morning.<br />

However, in the last few years waking up has been a problem.<br />

Aches and pains are a constant that need to be managed with<br />

all sorts of remedies, and, rather than not being able to gain<br />

weight, it seems to find your every nook and cranny. The<br />

weekend has become your saviour for sleep, and in general,<br />

you have as much energy as a hibernating bear.<br />

Sedentary life at a desk is a killer for aches, strains and pains.<br />

You’re hunched over, a phone jammed between your shoulder<br />

and ear as you look at a screen. That bad posture is going to<br />

wreck your natural structure and switch on muscles that, after<br />

a while, are really going to struggle to turn off fully.<br />

Now I know that with busy schedules and aggressive deadlines<br />

you can’t avoid these problems all the time, but what you<br />

can do is minimize them, and start improving some of the<br />

major, (let’s call them unmentionable) issues, hopefully before<br />

they start. The key to longterm success will be to rally your<br />

co-workers round into your new regime.<br />

More Information<br />

Grizzleys Strength and Conditioning.<br />

Tel: 07801 720691.<br />

As of today<br />

Drink plenty of water - pound your<br />

boss for a water cooler!<br />

Lunch should not be a carb load, as your body<br />

doesn’t need them when it’s sitting at a desk.<br />

Stay away from too much caffeine. Try Robush.<br />

Try to go to sleep one hour earlier (we are aiming for 8 hrs).<br />

Next step<br />

Start to do some light exercise – a walk<br />

at lunch is ideal.<br />

Go swimming (doing this before work seems to work best).<br />

Do a Pilates or hot yoga class.<br />

Time to get serious<br />

Start some lightweight sessions and circuits.<br />

Find an event, such as a Spartan Race, Tough<br />

Mudder Race or Zombie Run.<br />

Join a local sports team.<br />

issue <strong>12</strong> | page 47


Article by Samantha Sales<br />

<strong>IQ</strong> showcase<br />

Thank You,<br />

seems to be the hardest word …..!<br />

Research continues to tell us that finding ways to say ‘thank you’ to our colleagues and teams goes a<br />

long way to making colleagues feel engaged and motivated.<br />

As the job market<br />

continues to improve, this<br />

means greater choice for<br />

colleagues if they are feeling<br />

restless or undervalued in<br />

the workplace. With the<br />

true cost of recruitment<br />

being upwards from £25k<br />

and skills in high demand<br />

and short supply, creating<br />

the right environment<br />

that ultimately will lead to<br />

employee retention and a<br />

successful organisation is<br />

critical.<br />

So, if you want your<br />

business to further<br />

succeed, creating a work<br />

environment that is<br />

meaningful, rewarding and<br />

enjoyable should be on<br />

your 2015 priority list.<br />

I make no apology for<br />

the rest of this article<br />

being commonsense, as you<br />

would be surprised how<br />

many managers disregard<br />

the significance of the next<br />

5 steps.<br />

1<br />

Vision colleagues – share where with<br />

business is going<br />

the 4<br />

Knowing why they are doing what they are<br />

doing; context is important. Make sure all your<br />

employees have insight on the company and<br />

the industry. The more information employees<br />

have, the more able they will be to do the right<br />

thing and make the right decisions.<br />

2<br />

Communication<br />

Everyone has a responsibility in<br />

the organisation to communicate,<br />

it is not about annual reviews or surveys etc.<br />

The more employees communicate with one<br />

another and with the organisation, the more<br />

everyone will feel on the same page. It i<br />

s also an important part of a manager’s job<br />

to create the right environment to encourage<br />

employees to provide feedback as issues or ideas<br />

arise.<br />

3<br />

Act fairly, with respect<br />

and create trust<br />

Create an environment that is<br />

supportive and, if things go wrong, make<br />

sure you understand the circumstances before<br />

you react! Trust and respect is the foundation<br />

of a good solid relationship, and this requires<br />

honesty and authenticity. Without trust, the rest<br />

is superficial!<br />

Get colleagues involved<br />

If employees feel they are<br />

genuinely part of the planning<br />

and decision making it will develop<br />

ownership and commitment to tasks or<br />

projects. Let employees take ownership<br />

and spread their wings, they’ll appreciate<br />

the confidence the organisation has<br />

in them and they’ll take on more and<br />

personally develop in the process. You<br />

never know, it may even lead to some<br />

new ideas.<br />

5<br />

One to one feedback<br />

The purpose of positive<br />

and negative feedback is to<br />

encourage great personal performance,<br />

build confidence. Provide ongoing<br />

feedback, it must not be only at formal<br />

reviews, and certainly not only when<br />

things have gone awry.<br />

And don’t forget…. ‘thank you’.<br />

Research continues to support<br />

the notion that recognition from<br />

immediate managers and senior<br />

managers continues to be just as<br />

important or more important than<br />

financial rewards as a powerful<br />

motivator. Thank you for reading<br />

this article.<br />

More Information<br />

www.cambridgeinterimhr.com<br />

issue <strong>12</strong> | page 49


<strong>IQ</strong> showcase<br />

Sell Your Business<br />

With applicants now looking for the best employment packages, selling your business<br />

as the perfect place to work has become more important than ever before…<br />

“ Why do you want to<br />

work here?” has<br />

become one of the<br />

most commonly<br />

used interview questions, yet its<br />

foundations still reign true in every<br />

instance. Why do your staff want to<br />

work for you, and how do you attract<br />

the best applicants for vacancies?<br />

Employee benefits can be the tipping<br />

edge when attracting new workforce<br />

members (as well as retaining current<br />

members of staff) as the best candidates<br />

often find themselves in demand.<br />

A well thought out benefits package<br />

can place your business in the lead,<br />

whilst encouraging a happy, healthy<br />

and efficient workforce, yet many<br />

small business owners mistakenly<br />

believe they cannot afford to offer<br />

benefits.<br />

Whilst going without benefits may<br />

boost your bottom line in the short<br />

run, it is thought that, in the long<br />

run, the penny-wise philosophy could<br />

hinder, and affect staffing stability.<br />

Benefits do not have to cost the<br />

earth; they can offer a bridge to your<br />

workforce, creating an exciting perk for<br />

team building events, entertainment<br />

and leisure. Scudamore’s Corporate<br />

Tickets offer a unique local bonus<br />

and the perfect way for your staff to<br />

experience their surroundings.<br />

Based in Cambridge, the punting<br />

company offers businesses free boating<br />

all year round with Corporate Tickets,<br />

allowing your team to come together<br />

and enjoy a choice of punt, kayak or<br />

canoe hire.<br />

Each session can be as short as an hour,<br />

or last all day long, leaving employees<br />

or clients plenty of time to relax away<br />

from the office, whilst enjoying the<br />

benefits their employment offers.<br />

Offering staff a great opportunity to<br />

get out of the office with exceptional<br />

health benefits, the Corporate Ticket<br />

offers an inexpensive way to help your<br />

company stand out in the recruitment<br />

market with a quintessentially<br />

Cambridge benefit.<br />

With the reported levels of stress<br />

increasing to one in three amongst<br />

middle-aged employees already this<br />

year, the need for benefits is on the rise.<br />

Whether you’re looking to strengthen<br />

your workforce or simply to retain the<br />

foundations of your current business,<br />

there’s more to employment benefits<br />

than first appears.<br />

More Information<br />

Please contact the Scudamore’s<br />

Booking Team on 0<strong>12</strong>23 359750<br />

or email enquiries@scudamores.com.<br />

www.scudamores.com<br />

issue <strong>12</strong> | page 51


<strong>IQ</strong> showcase<br />

More Information<br />

Stoke by Nayland Hotel, Golf & Spa, Keepers Lane, Leavenheath,<br />

Colchester CO6 4PZ. www.stokebynayland.com<br />

Where Business<br />

Meets Pleasure<br />

Celebrate the success of the last<br />

quarter at Stoke By Nayland<br />

Hotel, Golf and Spa<br />

With the final quarter of the<br />

financial year now coming to a<br />

close, businesses up and down<br />

the region are taking a long hard<br />

look at the outcomes of 2014/15.<br />

With positivity on the rise across<br />

the majority of industries, now’s<br />

the time to celebrate those<br />

achievements and thank the team<br />

that really made them happen.<br />

Stoke By Nayland Hotel, Golf<br />

and Spa offers the perfect<br />

location for business reflection<br />

and aspirations for the future.<br />

Undergoing a dramatic<br />

transformation on the peak of<br />

its 40th anniversary last year, the<br />

stunning venue now boasts the<br />

finest upholstered furniture, silk<br />

wallpapered entrances and some<br />

of the best facilities in our region.<br />

Orchestrated by the Hotel’s<br />

Director, Tamara Unwin, the<br />

family run business welcomes<br />

small and large businesses alike<br />

to its 300 acre site, presenting<br />

tailor-made packages to suit your<br />

business, budget and preferences.<br />

With a PGA recognised golf<br />

course, a vast spa area, a health<br />

club and an 80 bedroom hotel<br />

complete with 9 flexible function<br />

rooms and an outstanding<br />

restaurant, there is more than<br />

one way to put the fun back into<br />

corporate events.<br />

Creating a fresh environment<br />

in which to create, produce and<br />

inspire your employees, Stoke<br />

By Nayland Hotel, Golf and<br />

Spa’s facilities will start the next<br />

financial quarter with motivation.<br />

Floor to ceiling windows flank<br />

each function room, whilst rolling<br />

views of the golf course and lake<br />

will make your team sit back and<br />

really evaluate.<br />

Complete with full air<br />

conditioning, free high-speed<br />

internet and private terraces<br />

to allow your staff to enjoy the<br />

fresh air on break-outs, choose<br />

a room to suit your party. The<br />

Devora Suite welcomes up to 450<br />

delegates in a theatre-style, with<br />

access to the Constable Bar, whilst<br />

the Garden and Gainsborough<br />

Rooms provide superb views<br />

of the 18th greens of both<br />

championship courses. And there<br />

are still plenty more rooms to<br />

choose from.<br />

Whether it’s time to reflect that’s<br />

needed, or simply space to enjoy<br />

a team building activity away<br />

from the crowded environments<br />

of your office, Stoke By Nayland<br />

Hotel, Golf and Spa is able to<br />

tailor its services to your business.<br />

issue <strong>12</strong> | page 53


<strong>IQ</strong> business diary<br />

BUSINESS DIARY<br />

Bury St Edmunds Breakfast<br />

Business Networking<br />

Meetings are held twice<br />

a month, and, as well as<br />

offering opportunities for open<br />

networking, include a 4sight<br />

slot with a guest speaker, and<br />

conclude with 3 ten minute 1:1<br />

appointments.<br />

Date: 3rd & 17th February, 3rd,<br />

17th & 31st March, 14th & 28th<br />

April<br />

Time: 08.00 – 10.00<br />

Venue: Bury St Edmunds Golf<br />

Club, Fornham All Saints, Bury St<br />

Edmunds, IP28 6LG<br />

Organiser: C4networking<br />

Booking details: For more details<br />

and to login, visit www.4networking.<br />

biz<br />

Cost: Breakfast costs £<strong>12</strong><br />

Business over Breakfast<br />

(BoB Club)<br />

This successful business<br />

networking club, which meets<br />

fortnightly, concentrates on<br />

quality referrals.<br />

Bury St Edmunds<br />

Date: 3rd & 17th February, 3rd,<br />

17th & 31st March, 14th & 28th<br />

April<br />

Time: from 07.00<br />

Venue: The Self Centre, Kempson<br />

Way, Moreton Hall, Bury St<br />

Edmunds, IP32 7AR<br />

Cost: £15.00<br />

Booking details: David Rhodes<br />

on 0751 001 3851<br />

Cambridge<br />

Date: 6th & 20th February, 6th &<br />

20th March, 17th April<br />

Time: from 07.15<br />

Venue: Arundel House Hotel,<br />

Chesterton Road, Cambridge, CB4<br />

3AN<br />

Cost: £<strong>12</strong>.00<br />

Booking details: Tony Miles on<br />

0779 9623028 or 01487 800032<br />

Organiser: Business over Breakfast<br />

Clubs www.bobclubs.com<br />

Informal Networking<br />

Evening<br />

These free, popular informal<br />

networking evenings continue<br />

to attract businesses of all sizes<br />

from a wide range of sectors.<br />

You can also ask Chamber<br />

staff about the benefits of<br />

membership.<br />

Huntingdon<br />

Dates: 3rd February, 3rd March,<br />

7th April<br />

Time: 17.00 - 19.00<br />

Venue: Holiday Inn Huntingdon<br />

Racecourse, Thrapston Road,<br />

Brampton, Huntingdon, PE28 4NL<br />

Ely<br />

Dates: 9th February, 9th March,<br />

13th April<br />

Time: 17.00 - 19.00<br />

Venue: The Lamb Hotel, Lynn<br />

Road, Ely, CB7 4EJ<br />

Cambridge<br />

Dates: 19th February, 19th March,<br />

16th April<br />

Time: 17.00 - 19.00<br />

Venue: Holiday Inn Cambridge,<br />

Lakeview, Bridge Road, Impington,<br />

Cambridge, CB24 9PH<br />

St Neots<br />

Dates: 11th February, 11th March,<br />

8th April<br />

Time: 17.00 - 19.00<br />

Venue: Waterfront Bar, Wyboston<br />

Lakes, Great North Road, Wyboston,<br />

MK44 3AL<br />

Peterborough<br />

Dates: 18th February, 18th March,<br />

15th April<br />

Time: 17.00 - 19.00<br />

Venue: Park Inn by Radisson,<br />

Telephone House, Wentworth Street,<br />

Peterborough<br />

Organiser: Cambridgeshire<br />

Chambers of Commerce<br />

Booking details: Call Peter<br />

Watts on 07545 697799 or email<br />

p.watts@cambscci.co.uk.<br />

The Very Early Lunch Club<br />

Networking, guest speakers and<br />

breakfast are on offer at this<br />

event, scheduled for the first<br />

Friday of the month.<br />

Date: 6th February & 6th March<br />

Time: 07.30 - 09.30<br />

Venue: Angelsey Abbey, Lode,<br />

Cambs, CB25 9EJ<br />

Organiser: Ian Clemson<br />

Booking details: To book a place,<br />

email cambridge@thebestof.co.uk or<br />

to find out more tel Ian Clemson on<br />

01638 745286 or visit velc.co.uk<br />

issue <strong>12</strong> | page 54


Huntingdonshire<br />

Construction and Property<br />

Networking Breakfast<br />

The Huntingdonshire<br />

Construction and Property<br />

Network brings together all<br />

professions associated with the<br />

development and construction<br />

industries in the county and<br />

region.<br />

Date: 6th February, 10th April<br />

Time: 08.00 - 10.00<br />

Venue: Alconbury Weald, Alconbury<br />

Airfield, Huntingdon, PE28 4WX<br />

Organiser: Cambridgeshire<br />

Chambers of Commerce<br />

Booking Details: To attend, or to<br />

sponsor a breakfast, e-mail h.bosett@<br />

cambscci.co.uk.<br />

A14 Coffee Morning meetup<br />

The A14 Coffee Morning<br />

is a relaxed environment<br />

where business owners and<br />

professionals can meet and<br />

informally network over coffee<br />

on a Friday morning.<br />

Date: Every Friday morning.<br />

Time: 9:00<br />

Venue: The Taproom, 23 Bridge<br />

Street, St Ives<br />

Booking details: www.meetup.<br />

com/A14-Coffee-Morning-Weekly-<br />

Business-Networking-In-St-Ives<br />

Cost: Free<br />

Link4 Coffee Cambridge<br />

Link4Coffee events are informal<br />

morning drop-in sessions, which<br />

BUSINESS DIARY<br />

provide a regular opportunity<br />

to unwind, share knowledge<br />

and connect with all kinds of<br />

interesting individuals from your<br />

local community.<br />

Date: 10th February, 10th March,<br />

7th April<br />

Time: 10.00 – 11.30<br />

Venue: CB2, 5-7 Norfolk Street,<br />

Cambridge, CB1 2LD<br />

Organiser: Link4Growth Ltd<br />

Booking Details: Contact Mike<br />

Clarke on 07824 600153 or visit<br />

www.link4growth.biz<br />

Cost: £3 for tea/coffee, there’s no<br />

charge to attend<br />

meet the buyer event<br />

The aim is to actively encourage<br />

local B2B engagement between<br />

two important communities. The<br />

‘Buyers’ will come from the local<br />

racing and stud community and<br />

the ‘Suppliers’ will come from the<br />

local business community.<br />

Date: 11th February<br />

Time: 16.00<br />

Venue: The Heath Court Hotel,<br />

Newmarket<br />

Organiser: Newmarket District<br />

Chamber Of Commerce<br />

Booking details: Email info@<br />

bluelizardmarketing.com<br />

knowledge transfer<br />

partnership workshop<br />

At this workshop, you will find<br />

out how a partnership can unlock<br />

access to academic expertise in<br />

your locality, and how support<br />

from an academic expert can<br />

improve your business. Speakers:<br />

Jan Stringer, KTP Regional<br />

Manager, Daba Chowdhury,<br />

Senior Lecturer.<br />

Date: <strong>12</strong>th February<br />

Time: 15.30 - 17.30<br />

Venue: WTL1, Lecture Hall,<br />

University Campus Suffolk, Waterfront<br />

Building, Neptune Quay, Ipswich IP4<br />

1QJ<br />

Organiser: Suffolk Chamber of<br />

Commerce<br />

Booking details: To book your<br />

free place, please contact Research and<br />

Enterprise Services via the Research<br />

Office: researchoffice@ucs.ac.uk or<br />

01473 338181. www.ucs.ac.uk<br />

Menta Business Club<br />

If you’re thinking of starting a<br />

business or going self-employed,<br />

drop in for some free business<br />

guidance to help you get started.<br />

Haverhill<br />

Date: <strong>12</strong>th February, <strong>12</strong>th March,<br />

9th April<br />

Time: <strong>12</strong>:30 - 14:00<br />

Venue: The Job Centre Plus, 65<br />

High Street, Haverhill, CB9 6AH<br />

Bury St Edmunds<br />

Date: <strong>12</strong>th February, <strong>12</strong>th March,<br />

9th April<br />

Time: 15:00 to 16:30<br />

Venue: Menta Business Centre, 5<br />

Eastern Way, Bury St Edmunds, IP32<br />

7AB<br />

Organiser: Menta Business Events<br />

Booking details: No booking<br />

required, simply turn up! For more<br />

information, visit www.eventbrite.co.uk<br />

<strong>IQ</strong> business diary<br />

issue <strong>12</strong> | page 55


<strong>IQ</strong> business diary<br />

Cambridge Alternative<br />

Networking<br />

Creating a welcoming<br />

environment for people in<br />

business to connect and do<br />

more business. It is also keen<br />

to subsidise social events for<br />

members as well as to actively<br />

market its members through<br />

social media and on-line<br />

marketing.<br />

Date: <strong>12</strong>th & 26th February, <strong>12</strong>th<br />

& 26th March, 9th & 23rd April<br />

Time: 06:45 - 08:30<br />

Venue: The Gonville Hotel, Gonville<br />

Place, Cambridge, CB1 1LY<br />

Booking Details: To book, e-mail<br />

networking@cambscan.co.uk or tel<br />

Kathryn Fletcher on 07889 364 348<br />

To find out more, visit cambscan.co.uk<br />

Cost: £15<br />

Coffee Means Business<br />

Relaxed, informal networking<br />

with local businesses.<br />

Date: <strong>12</strong>th February, <strong>12</strong>th March,<br />

9th April<br />

Time: 09:30 - 11:30<br />

Venue: The Apex, Bury St Edmunds,<br />

Suffolk<br />

Organiser: Menta Business Events<br />

Booking Details: For more<br />

information, visit www.menta.org.uk/<br />

training/suffolk-business-networking.<br />

No need to book<br />

Cost: £2 on the door<br />

Huntingdon business<br />

women<br />

These monthly meetings for<br />

women in business in and<br />

around Huntingdon are held on<br />

the second Friday of the month.<br />

BUSINESS DIARY<br />

On 13th February, Liz Weston<br />

will lead a session on How to<br />

Manage Facebook Marketing.<br />

Date: 13th February, 13th March,<br />

10th April<br />

Time: 11.00 - 13.00<br />

Venue: Wood Green Animal Shelter,<br />

King’s Bush Farm, London Road,<br />

Huntingdon, PE29 2NH<br />

Organiser: Ann Hawkins<br />

Booking Details: A £5 fee is<br />

payable. To find out more, visit www.<br />

meetup.com<br />

the essentials of email<br />

marketing<br />

This non-technical course,<br />

designed for people with limited<br />

experience in email marketing,<br />

is suited to those who wish to<br />

improve their knowledge and get<br />

better results.<br />

Date: 15th February<br />

Time: 11.00 - 14.00<br />

Venue: Framlingham Technology<br />

Centre, Woodbridge, Suffolk, IP13<br />

9EZ<br />

Organiser: Ipswich and Suffolk<br />

Small Business Association<br />

Booking Details: Cost £75pp<br />

Member discount available. For more<br />

information visit www.issba.co.uk<br />

<strong>IQ</strong> Networking Event<br />

Guest speaker Richard Glinn<br />

from the New Anglia Growth<br />

Hub will be talking about the<br />

support available for growing<br />

businesses in Norfolk and<br />

Suffolk. This event is free to<br />

participants.<br />

Date: 18th February<br />

Time: 18.00 - 20.00<br />

Venue: Granary Barns, Parsonage<br />

Farm, Woodditton, Nr Newmarket,<br />

CB8 9RZ<br />

Organiser: Cubiqdesign<br />

Booking Details: RSVP to<br />

gemma@cubiqdesign.co.uk<br />

collaborative cambridge<br />

meetup<br />

This regular breakfast meetup,<br />

scheduled for the third Friday of<br />

each month, is themed around<br />

collaborative problem solving.<br />

Date: 20th February, 20th March,<br />

17th April<br />

Time: Breakfast: 08:00 – 09:30;<br />

Co-working: 09.30 - 17.30<br />

Venue: Cambridge Business Lounge,<br />

Burleigh House, 52 Burleigh Street,<br />

Cambridge, CB1 1DJ<br />

Organiser: Ed Goodman<br />

Booking Details:<br />

Contact Ed at ed.goodman@<br />

cambridgebusinesslounge.com<br />

camcreatives<br />

CamCreatives embraces a<br />

diverse group of interests<br />

which includes graphic and<br />

web design, media of all kinds,<br />

literature and publishing, visual<br />

arts, multimedia, performing<br />

arts and general culture bringing<br />

together a mix of large and<br />

small firms.<br />

Date: : 25th February, 25th March,<br />

29th April<br />

Time: 19.30<br />

Venue: Hot Numbers, Gwydir Street,<br />

Cambridge, CB1 2LJ<br />

Organiser: CamCreatives<br />

Booking Details: Visit www.<br />

meetup.com/camcreative/<br />

issue <strong>12</strong> | page 56


Cambridgeshire Export Club<br />

- Cambridge<br />

A free, informal networking<br />

event, held on the last Tuesday of<br />

the month, for exporters or those<br />

considering it. Each month The<br />

Export Club features a specialist<br />

in an international element.<br />

Date: 24th February, 31st March<br />

Time: 17.00 - 19.00<br />

Venue: The Moller Centre, Storey’s<br />

Way, Cambridge, CB3 0DE<br />

Organiser: Cambridgeshire<br />

Chambers of Commerce<br />

Booking Details: For further<br />

information contact h.bosett@cambscci.<br />

co.uk<br />

Digital Workshop for Women<br />

Getting connected offers free<br />

help and support to women in<br />

Norfolk and Suffolk who want<br />

to increase their knowledge and<br />

confidence using social media<br />

and the internet.<br />

Date: 25th February<br />

Time: 09:45 - <strong>12</strong>:45<br />

Venue: Active Business Centre, 33<br />

Saint Andrew’s Street South, Bury St<br />

Edmunds, IP33 3PH<br />

Organiser: Suffolk Chamber of<br />

Commerce<br />

Booking Details: Email<br />

amanda@suffolkchamber.co.uk, or<br />

phone 01473 6948<strong>12</strong><br />

Social Incubator East –<br />

Cambridge<br />

Two and a half days of world<br />

class training for people with<br />

an ambition to set up or grow a<br />

business dedicated to making a<br />

BUSINESS DIARY<br />

positive social impact.<br />

Date: 27th February - 1st March<br />

Time: from 16:30 on 27th Feb to<br />

17:30 on 1st March<br />

Venue: Future Business Centre,<br />

Kings’ Hedges Road, Cambridge,<br />

CB4 2HY<br />

Booking Details: visit<br />

socialincubatoreast.org.uk<br />

CSW INNOVATE CONFERENCE<br />

CSW Innovate conference is<br />

the place to be for inspirational<br />

speakers, great busines<br />

information and fabulous<br />

networking.<br />

Date: 6th March<br />

Time: 9:30 - 16:30<br />

Venue: Quy Mill Hotel, Church<br />

Road, Stow-cum-Quy, Cambridge,<br />

CB25 9AF<br />

Booking Details: visit www.<br />

cambridgestyleweek.com<br />

The Two Counties Business<br />

Exhibition<br />

This Exhibition, which is free<br />

to visitors, brings together<br />

businesses from across<br />

Cambridgeshire, Suffolk<br />

and beyond to build new<br />

connections, promote products<br />

and services and to learn and be<br />

inspired by guest speakers.<br />

Date: 25th March<br />

Time: 11.00 - 15.00<br />

Venue: Millennium Grandstand,<br />

Newmarket Racecourses, Newmarket,<br />

CB8 0TF<br />

Organiser: Cambridgeshire<br />

Chambers of Commerce<br />

Booking Details: For more<br />

information or to book your exhibition<br />

stand, email k.dawson@cambscci.<br />

co.uk.<br />

ipswich and suffolk small<br />

business association - meet<br />

the members<br />

Join the association for some<br />

friendly, informal networking<br />

over coffee/tea.<br />

Date: 16th April<br />

Time: 09.00 - 11.00<br />

Venue: Trinity Park Conference<br />

Centre, Felixstowe Road, Ipswich,<br />

IP3 8UH<br />

Organiser: Ipswich and Suffolk<br />

Small Business Association<br />

Booking Details: To find out more<br />

and to book, visit www.issba.co.uk<br />

Huntingdonshire Business<br />

Fair 2015<br />

This fair now attracts 130<br />

exhibitors and over 500 visitors.<br />

As well as offering a free seminar<br />

programme and popular speed<br />

networking, it provides a great<br />

opportunity to showcase your<br />

business and to get connected.<br />

Admission is free.<br />

Date: : 23rd April<br />

Time: 10.00 - 16.00<br />

Venue: Wood Green Animal Shelters,<br />

King’s Bush Farm, London Road,<br />

Godmanchester, PE29 2NH<br />

Organiser: Cambridgeshire<br />

Chambers of Commerce, in<br />

partnership with The Federation of<br />

Small Businesses.<br />

Booking Details: To find out more<br />

visit www.cambridgeshirechamber.<br />

co.uk<br />

<strong>IQ</strong> business diary<br />

issue <strong>12</strong> | page 57


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<strong>IQ</strong> property<br />

The Property Market<br />

how will it be affected by the new<br />

‘National Infrastructure Plan’?<br />

Tim Mendes da Costa, lawyer in Greene & Greene’s commercial and residential<br />

property department, discusses how the NIP will affect the local property market<br />

In December 2014, the Coalition Government set out its<br />

new National Infrastructure Plan (NIP), detailing the<br />

long-term strategy for investment in the UK’s infrastructure.<br />

There are a number of elements of the NIP that focus on<br />

the property market and seek to ease the burden of the<br />

planning process on developers, namely:<br />

Simplifying the establishment<br />

of the ‘principle’:<br />

The principle of development will only need to<br />

be established once, to give greater certainty and<br />

allow locally-supported development to proceed<br />

more quickly. In other words, once land has been<br />

earmarked for development, it should become a<br />

simpler process to obtain the granting of planning<br />

permission.<br />

Speeding up negotiations:<br />

The Government will take steps to speed up Section<br />

106 negotiations (a tool used by Local Authorities to<br />

divert some of the increase in land value derived from<br />

planning gain back to the public sector), including<br />

issuing revised guidance, consulting on a faster process<br />

for reaching agreement, considering how timescales<br />

for agreement could be introduced, and improving<br />

transparency on the use of Section 106 funds.<br />

Faster decision-making:<br />

The Government will keep the speed of major<br />

decisions under review, with minimum performance<br />

thresholds increasing to 50% for major decisions<br />

being made on time as performance improves.<br />

Streamlining systems and providing<br />

additional opportunities:<br />

Proposals will be published for consultation during<br />

the 2015 Budget to make processes clearer, faster and<br />

fairer, and making more brownfield land available for<br />

development.<br />

How this will affect the Bury St<br />

Edmunds’ Vision 2031 Project?<br />

If these proposals come into force,<br />

they should have a positive impact<br />

on the implementation of Bury St<br />

Edmunds’ Vision 2031 project, which<br />

sets out how the growth in the town<br />

can be managed over the next 20<br />

years and beyond, bringing the town’s<br />

surrounding villages closer through<br />

new developments and transport<br />

improvements.<br />

Flood Risk Benefit<br />

To support this, it is hoped that the<br />

region will also benefit from the<br />

additional money being allocated to<br />

flood defences through the NIP. The<br />

Government has published its six year<br />

programme of investment in flood<br />

defences, allocating the £2.3 billion<br />

capital funding announced during the<br />

2013 Spending Round.<br />

More Information<br />

please contact Tim on 0<strong>12</strong>84 717437 ~ timmendesdacosta@greene-greene.com.<br />

www.greene-greene.com and follow us @greenegreenelaw.<br />

issue <strong>12</strong> | page 59


<strong>IQ</strong> local news<br />

MILITARY<br />

MOVE OUT<br />

With the US Military recently<br />

announcing a withdrawal from<br />

Suffolk, we discuss the possible effect<br />

on businesses in the region<br />

As businesses and residents debate the<br />

effect of the US Air Force’s departure<br />

from RAF Mildenhall in Suffolk, news<br />

that Forest Heath District Council<br />

are not prepared to sit and wait for<br />

further information has sparked hope<br />

in many.<br />

Forest Heath District Council<br />

leader, Cllr James Waters, has said<br />

that February will welcome several<br />

meetings with local businesses to<br />

discuss the impact on jobs, the housing<br />

market, and local communities.<br />

With 850 jobs thought to be affected<br />

by the closure of three US airbases<br />

in East Anglia, the news has struck a<br />

chord with many businesses operating<br />

in Mildenhall and the surrounding<br />

areas, yet, as the update settled in,<br />

it seems all is not as bad as it first<br />

appeared.<br />

“I firmly believe that every change<br />

brings opportunities and I would be<br />

optimistic that, given the strengths and<br />

resilience of our local community and<br />

West Suffolk, we can work with our<br />

partners to ensure we do the very best<br />

for people in Forest Heath and make<br />

the most of any new opportunities,”<br />

added Cllr Waters.<br />

With figures reporting an off-base<br />

spend of $149.5 million per year<br />

by military personnel, it is easy to<br />

understand the panic that struck,<br />

however with the mist clearing, the<br />

initial reaction now appears severely<br />

calmed.<br />

Cllr Mark Bee of Suffolk County<br />

Council said in a prepared statement:<br />

“This is not the first<br />

time that Suffolk has<br />

dealt with the closure<br />

of a major airbase.<br />

US forces moved out<br />

of RAF Brentwaters in<br />

1993, and the economy of<br />

the area has subsequently<br />

benefited from growth in<br />

housing, an increasingly<br />

diverse economic base<br />

and growth in the visitor<br />

economy in nearby towns<br />

such as Woodbridge. We will<br />

look to see what lessons we can<br />

learn from this to help us with the<br />

Mildenhall closure.”<br />

Although many differing opinions are<br />

still found throughout the region, it<br />

seems that localised business support<br />

networks are now appearing to help<br />

those who will take the majority of<br />

the blow.<br />

John Dugmore, Chief Executive of<br />

Suffolk Chamber of Commerce, said:<br />

“This is obviously sad news, as RAF<br />

Mildenhall and the people that live<br />

and work there have been a part of<br />

the everyday life of Suffolk.<br />

“The work there and the jobs it created<br />

are a big part of the economy, and<br />

while we have had the announcement,<br />

we’ll need to wait to hear more detail<br />

about the schedule to close down the<br />

base.<br />

“Once those plans are developed, we<br />

will work with the business community<br />

to look at how local business can be<br />

supported and how the closure<br />

can bring new opportunities to our<br />

economy.”<br />

With a five year plan now set in<br />

motion to remove the US presence<br />

from Mildenhall, the message to our<br />

local businesses seems clear - get ready<br />

to embrace the change.<br />

With 850 jobs thought to be affected by<br />

the closure of three US airbases in East<br />

Anglia, the news has struck a chord<br />

with many businesses operating in<br />

Mildenhall and the surrounding areas,<br />

yet, as the update settled in, it seems<br />

all is not as bad as it first appeared.<br />

More Information<br />

www.iqmag.co.uk<br />

issue <strong>12</strong> | page 61


<strong>IQ</strong> business support<br />

Suffolk And Norfolk Firms Utilising<br />

Growth Hub<br />

Service<br />

<strong>IQ</strong> explores how the Growth Hub has been created More<br />

to support the expansion of our local businesses<br />

Since its launch in June 2014, the New Anglia Growth Hub has<br />

engaged with over 1570 businesses to help them develop and<br />

grow. Providing free advice and support, the hub is working with<br />

local and national organisations to ensure that businesses have<br />

quick and easy access to the help and support they need. The<br />

Growth Hub is managed by Suffolk Chamber of Commerce on<br />

behalf of New Anglia Local Enterprise Partnership, and the hub<br />

aims to support up to 3000 businesses by June this year.<br />

Support is available for any business in any sector, from startups<br />

to growing companies. It’s now over six months into the<br />

project, and businesses are really starting to feel the benefits. The<br />

Sicklesmere Post Office and Convenience Store in West Suffolk<br />

was successful in securing a £20,000 grant from the New Anglia<br />

LEP’s Small Grant Scheme, which awards grants to businesses<br />

making capital purchases to upscale any part of the business.<br />

The grants are offered at 20% of the total funding required, on<br />

the understanding that new jobs will be created.<br />

The support offered to businesses varies considerably, and it’s<br />

not just about grants. Suffolk River Cruise Restaurants secured<br />

a funded training course for an aspiring young chef. Zach Rea<br />

has been working towards a recognised and useful Intermediate<br />

Apprenticeship in Professional Cookery. The course is provided<br />

by Easton and Otley College, and lasts up to 18 months. What’s<br />

more, the course is delivered in-house, so the trainer actually<br />

comes out to the kitchen, resulting in minimal disruption and<br />

maximum impact for the business.<br />

Morgan Potter is one of the Growth Hub’s Business Growth<br />

Advisers who identified that the company was eligible for this<br />

training. “The company had plans to bring in two boats and<br />

centralise their food preparation facilities. Training was needed,<br />

and the result has been an Apprenticeship funded and delivered<br />

through Easton and Otley College.”<br />

Mark Stead, Head of Work-based Learning at Easton and Otley<br />

College said: The college is pleased to be able to support the<br />

Owners John and Susan Haresnape and the crew of the Allen Gardiner vessel.<br />

Information<br />

To find out more, call 0300 333 6536 or email<br />

growthhub@newanglia.co.uk. Follow us on twitter @AngliaHub<br />

expansion of Suffolk River Cruise Restaurants by delivering<br />

directly in the workplace training and development needs for<br />

their staff.”<br />

The Growth Hub is working with some really interesting and<br />

highly innovative companies, such as Aponic Limited, which<br />

designs and produces ‘vertical green wall units’. These units<br />

allow you to grow plants, vegetables, herbs and fruit without the<br />

need for soil. Ideal for anyone too tired of digging and weeding<br />

in the garden, the units are easily mounted on a sunny wall or<br />

fence, in greenhouses or conservatories and even on balconies.<br />

The system incorporates a reservoir where the fish live, and<br />

their waste is turned into nutrients by the digesting action of<br />

the vertical plant towers. The water and nutrients are recycled,<br />

saving up to 90% of the water which would otherwise be lost in<br />

the ground. So, there’s no need for fertiliser, the plants are not<br />

vulnerable to soil-based pests, and they are not at the mercy of<br />

the great British weather.<br />

Aponic, launched only six months ago, have already had a<br />

good start after they secured £28,000 from the Agri-Tech grant<br />

scheme that supports new ideas and projects which improve<br />

agricultural productivity or which develop new technology for<br />

the Agri-Tech industry.<br />

Owner Jason Hawkins-Row said: “We’re really pleased with how<br />

our research and development has progressed, and our aim over<br />

the next few months is to consolidate our production process and<br />

get on with running the business smoothly, so that we can expand<br />

and ultimately, employ more people.“<br />

Ten Business Growth Advisers operate across Suffolk and<br />

Norfolk, and are able to come to your business to help you scale<br />

up. Businesses can also take advantage of the new Digital Growth<br />

Programme, which includes two digital advisers to provide<br />

impartial advice and guidance to local businesses on Broadband<br />

and internet issues, including how to access Superfast Broadband<br />

and how to maximise its benefits.<br />

issue <strong>12</strong> | page 63


Set in the heart of Historical Bury St Edmunds, The Farmers Club is tucked away within beautiful,<br />

tranquil gardens. The ideal setting for corporate meetings, or private hire; our bespoke meeting rooms<br />

have an abundance of character and charm. We have full conference facilities, ample parking<br />

and superb dining from a choice of menus. Please give us a call to discuss your requirements.<br />

WEDDINGS • CORPORATE • PRIVATE HIRE<br />

Contact us for an informal lookaround our club:<br />

0<strong>12</strong>84 750969 | frontofhouse@bsefc.co.uk | www.bsefc.co.uk


<strong>IQ</strong> business support<br />

NEVER<br />

THAT WOULD HAPPEN TO US<br />

Helping businesses keep safe,<br />

Miles Vartan emphasises the importance of<br />

risk assessment and management<br />

Over the weekend you have seen an<br />

article on TV showing a raging fire<br />

in a warehouse. All the stock in the<br />

building and adjacent buildings has<br />

been lost; the Chief Fire Officer<br />

cannot confirm that all those who<br />

were in the warehouse when the<br />

fire started have been accounted for,<br />

and is suggesting that the fire was<br />

probably caused by arsonists.<br />

Imagine being in this situation and<br />

how devastating it would be... ‘Thank<br />

goodness that was not us’ you may say<br />

to a fellow Director on Monday. But<br />

could it have happened to you, and<br />

what are you doing now to prevent<br />

your company from having to suffer<br />

such devastating circumstances?<br />

This scenario was discussed when<br />

we set up our Risk Management<br />

Bureau. Where could you go to get<br />

Crisis Management and Business<br />

Continuity, Health & Safety and<br />

Security advice? Our vision was and<br />

is to provide an accessible source of<br />

competent advice, which if used, will<br />

reduce any company’s risk profile,<br />

and be a go-to source of information<br />

and help when attempting to assess<br />

risk.<br />

Making sure that your company is<br />

adhering to The Health & Safety<br />

at Work Act 1974 is a good starting<br />

point for ensuring that all risks are<br />

assessed. Auditing where you are in<br />

relation to this key piece of legislation<br />

will create a clear picture as to where<br />

there are gaps in your protection<br />

strategy. Recovering from a serious<br />

accident where an employee, a<br />

contractor or a member of the<br />

general public has been hurt or even<br />

killed, will put financial performance<br />

into stark perspective.<br />

As The British Continuity Institute<br />

explains, “Business Continuity<br />

Management is a holistic<br />

management process that<br />

identifies potential impacts<br />

that threaten an organisation<br />

and provides a framework for<br />

building resilience and the<br />

capability for an effective<br />

response that safeguards<br />

the interests of its key stakeholders,<br />

reputation, brand and value creating<br />

activities.”<br />

Spend some time considering your<br />

company’s Risk Management<br />

strategy and give yourself the<br />

comfort of knowing that you are<br />

taking positive steps to reduce such<br />

an incident from happening. As<br />

my Secret Santa mug says, “A little<br />

risk management saves a lot of fan<br />

cleaning”!!<br />

More Information<br />

www.milesvartan.co.uk<br />

Our vision was and is to provide an accessible source<br />

of competent advice, which if used, will reduce any<br />

company’s risk profile, and be a go-to source of<br />

information and help when attempting to assess risk.<br />

issue <strong>12</strong> | page 65


<strong>IQ</strong> review<br />

Article by Georgia Watson<br />

BOOK REVIEW<br />

Speak So Your Audience Will Listen: 7 Steps to<br />

Confident and Successful Public Speaking<br />

Author: Robin Kermode<br />

Pendle Publishing, 2013<br />

Available in paperback or Kindle edition<br />

Bio<br />

As a professional actor, Robin<br />

Kermode has had to give his<br />

fair share of speeches and<br />

soliloquies with applause and<br />

aplomb, so who better to<br />

advise you on successful public<br />

speaking? One of Europe’s<br />

leading communication<br />

coaches, Kermode has worked<br />

with CEOs, boards and senior<br />

professionals, to teach them<br />

how to structure presentations<br />

and pitch them in a confident<br />

and creative manner. Providing<br />

seven steps to becoming a<br />

successful public speaker,<br />

Kermode promises to change<br />

your attitude towards those<br />

dreaded work presentations or<br />

important wedding speeches.<br />

Review<br />

Written in language that’s easy<br />

to understand, Kermode’s<br />

seven steps are broken down<br />

into sections that you can<br />

dip in and out of whenever<br />

you feel a confidence boost<br />

is required. With simple, yet<br />

effective diagrams, Kermode’s<br />

useful information can be<br />

easily digested and then put<br />

into practise with a series<br />

of end of chapter exercises.<br />

Tackling the way you deal with<br />

nerves, your body language<br />

and even the structure of your<br />

presentation, this book covers<br />

plenty of ground for one that<br />

only has seven steps. As it also<br />

explores the selling techniques<br />

that often come hand-in-hand<br />

with public speaking, this book<br />

is for many readers, from<br />

those looking to conquer their<br />

fear of giving presentations to<br />

those needing to boost their<br />

sales figures or those who just<br />

want to give a speech at a<br />

friend’s wedding.<br />

Rating<br />

4/5. Right from the start, this<br />

book acts as a friendly and<br />

helpful guide, giving you small<br />

snippets of information which<br />

instantly encourage you to<br />

read on; Kermode’s seven steps<br />

will have you feeling confident<br />

within just a few chapters.<br />

With constant exercises to test<br />

your new knowledge, you’ll<br />

feel as though you’re learning<br />

something from the very first<br />

page, as you put Kermode’s<br />

lessons into action.<br />

issue <strong>12</strong> | page 66


<strong>IQ</strong> <strong>IQ</strong> showcase review<br />

Article by Lauren Wilson<br />

BOOK<br />

REVIEW<br />

Zero to One: Notes on Start Ups,<br />

or How to Build the Future<br />

Author: Peter Thiel with Blake Masters<br />

Virgin Books, 2014. Available as ebook<br />

and hardback<br />

Bio: Peter Thiel is an American entrepreneur, venture<br />

capitalist and hedge fund manager. He is also the co-founder<br />

of Paypal, and was the first outside investor in Facebook,<br />

acquiring a 10.2% stake in 2004 for $500,000. Ranked #4<br />

on the Forbes Midas List of 2014 at $2.2 billion, it’s fair to say<br />

Thiel knows what he’s talking about when it comes to start-up<br />

businesses.<br />

Whilst studying 20th century philosophy at Stanford<br />

University, Thiel met friends Keith Rabois, David O. Sacks,<br />

and Reid Hoffman, who joined him in making up part of the<br />

‘Paypal Mafia’, a group of Paypal founders and employers<br />

who went on to create technology companies such as<br />

LinkedIn, YouTube, Tesla Motors, Palantir Technologies,<br />

Yelp and Yammer.<br />

Thiel co-founded PayPal in 1998 alongside Max Levchin; it<br />

went public on 15th February 2002 and was sold to eBay for<br />

$1.5 billion later that year. Thiel made early-stage investments<br />

in numerous start-ups, including Booktrack, Slide, LinkedIn,<br />

Friendster, Rapleaf, Geni.com, Yammer, Yelp, Powerset,<br />

Practice Fusion, MetaMed, Vator, Palantir Technologies,<br />

IronPort, Votizen, Asana, Big Think, CapLinked, Quora,<br />

Rypple, TransferWise, Nanotronics Imaging, Stripe, and<br />

Legendary Entertainment.<br />

In Spring 20<strong>12</strong>, Thiel taught Stanford class CS 183 Start-up,<br />

where student Blake Masters made avid notes. Those notes<br />

led to the release of Zero to One in September 2014.<br />

Review: For those considering starting a<br />

business, there is no better person to seek<br />

advice from than Peter Thiel. Focusing<br />

his writing away from the typical how-to<br />

manual this genre dictates, he instead opts<br />

to engage his readers by providing them<br />

with different ways of thinking before<br />

beginning their venture. Posing questions,<br />

Thiel asks us to look to the future in a way<br />

that proves to be a unique, and arguably, a<br />

more successful style of book.<br />

The stimulating read is supported by Thiel’s<br />

upbeat and optimistic approach to building<br />

a start-up company, and his unconventional<br />

way of thinking is inspiring. Often, however,<br />

Thiel can divert on tangents which takes<br />

away from the glory of his offbeat thinking<br />

to create almost arrogant sounding rants.<br />

The book does feature some great themes<br />

and is definitely worth a read if you’re<br />

looking for something slightly out of the<br />

ordinary.<br />

Rating: 3/5. When Thiel keeps within his<br />

area of expertise, his prose is inspiring with<br />

many bold points.<br />

issue <strong>12</strong> | page 67

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