June 2017 Credit Management magazine

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CREDIT MANAGEMENT CM THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS THE EDITOR’S COLUMN TAKING MY LIFE IN MY HANDS WOMEN at work. It’s a dangerous subject for any man to tackle. I recall a report that came out last year that led to a deluge of media coverage around the magnificent seven – the seven women bosses of the FTSE 100. They included bosses at Whitbread, GSK, Severn Trent, Kingfisher, Imperial Tobacco, EasyJet, and The Royal Mail. I remember the news being extraordinary because of the way it was reported, as though these women must have superpowers for daring to take the men on at their own game. I remember also thinking that if there are women in charge of only seven of the top 100 businesses, that means that men are in charge of the other 93! At the time, there were still twice as many men named John who were CEOs or Chairmen of FTSE 100 companies as there were women of all names. When Cranfield University issued its Female FTSE Report in July 2016, the overall percentage of women on FTSE boards had increased compared to 2015. Yet not all was quite what it seemed: while the percentage of women on the FTSE 100 had increased to 26 percent, and to 20.4 percent on the FTSE 250, the rate of progress had slowed. Lord Davies’ target of 33 percent by 2020 seemed as distant as ever. Most interesting to me was the comment: ‘The pipeline of female talent needs to be addressed with urgency’. Perhaps the same applies to the credit industry. While I don’t have any specific statistics to hand, I would imagine that the number of women in senior roles in credit mirrors the sort of figures in the FTSE. Certainly our panel of experts think so (see article in page 18) and have good insight as to why this might be and what can be done about it. More importantly, perhaps, they similarly recognise that for that position to change, we need to create and nurture a new pipeline of talent, to create the leaders of tomorrow. CM MAGAZINE | CONTACT AND PUBLISHING DETAILS: ISSN 0265-2099 Publisher Chartered Institute of Credit Management The Water Mill Station Road South Luffenham OAKHAM, LE15 8NB Telephone: 01780 722910 Fax: 01780 721333 Email: editorial@cicm.com Website: www.cicm.com CMM: www.creditmanagement.org.uk Managing Editor Sean Feast Deputy Editor Alex Simmons Art Editor Andrew Morris Telephone: 01780 722910 Email: andrew.morris@cicm.com Editorial Team Tom Berger, Imogen Hart and Iona Yadallee Advertising Anthony Cave Telephone: 0203 603 7934 Email: anthony.cave@cabbell.co.uk Printers Warners (Midlands) Plc 2017 subscriptions UK: £90 per annum International: £115 per annum Single copies: £10.00 View our digital version online at www.cicm.com Log on to the Members’ area, and click on the tab labelled ‘Credit Management magazine’ Credit Management is distributed to the entire UK and international CICM membership, as well as additional subscribers Reproduction in whole or part is forbidden without specific permission. Opinions expressed in this magazine do not, unless stated, reflect those of the Chartered Institute of Credit Management. The Editor reserves the right to abbreviate letters if necessary. The Institute is registered as a charity. The mark ‘Credit Management’ is a registered trade mark of the Chartered Institute of Credit Management. 4 June 2017 www.cicm.com The Recognised Standard
THE CREDIT CONTROL RECRUITMENT SPECIALISTS www.portfoliocreditcontrol.com Portfolio Credit Control are committed to supporting the CICM and the Credit Control industry, not by just recruiting the best credit controllers in the market but providing Credit Managers and teams with the tools to ensure they can attractand retain the best talent in the industry. Portfolio Credit Control have compiled afreedefinitive detailed salaryguide for 2017/2018 for London and the Home Counties to help you when benchmarking salaries within your team or for when recruiting your next vacancy. Please contact one of our specialist consultants to request acopy of the guide today. Call the Credit Control Specialists today to receive YOUR FREE COPY of our 2017/2018 salarysurvey. We look forward to hearing fromyou. Give us acall on 020 7650 3199 or email recruitment@portfoliocreditcontrol.com www.portfoliocreditcontrol.com The Recognised Standard www.cicm.com June 2017 5
Page 1 and 2: CM CREDIT MANAGEMENT JUNE 2017 £10
Page 3: CONTENTS JUNE 2017 www.cicm.com REG
Page 7 and 8: NEWS IN BRIEF SUPPLY CHAINS IN DANG
Page 9 and 10: News in Numbers - provided by the M
Page 11 and 12: INSOLVENCY PROPERTY RECEIVERS - A S
Page 13 and 14: BENCH PRESS MONEY, MONEY, MONEY We
Page 15 and 16: Notall Robots arebuilt thesame! Man
Page 17 and 18: OPINION INFORMATION AND TRUST Matth
Page 19 and 20: the flexibility required if women h
Page 21 and 22: ACHIEVING THE POSSIBLE Louise Schof
Page 23 and 24: The smooth processes of Working Cap
Page 25 and 26: LEGAL MATTERS "A MARVELLOUS AND VAL
Page 27 and 28: TRADE TALK NEGOTIATING TABLE Lesley
Page 29 and 30: ARGENTINA EMERGES EULER Hermes has
Page 31 and 32: three cases of counsel, of solicito
Page 33 and 34: THE CICM MAGAZINE FOR CONSUMER AND
Page 35 and 36: ecover The Recognised Standard www.
Page 37 and 38: ENFORCEMENT AGENTS TIME TO PROVE YO
Page 39 and 40: .6 .4 s .8 rse Real 0 Estate 1 2 3
Page 41 and 42: In the first of a two-part article
Page 43 and 44: EDUCATION APPRENTICESHIP MYTH BUSTE
Page 45 and 46: LEGAL TRAINING Are you up-to-date w
Page 47 and 48: CICM EDUCATION CONFERENCE 2017 22 J
Page 49 and 50: unlimited credit information for an
Page 51 and 52: THE B2B DEBT RECOVERY SPECIALISTS T
Page 53 and 54: PARTNERS TO TALK TO YOU... Safe’s
Page 55 and 56:
BRANCH NEWS 60SECONDS WITH THAMES V
Page 57 and 58:
COLLECTIONS ADVISOR PROGRESS YOUR C
Page 59 and 60:
Cr£ditWho? CICM Directory of Servi
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Cr£ditWho? CICM Directory of Servi
Page 63 and 64:
MONTHLY PRIZE CROSSWORD CREDIT CONU
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June 2017 Credit Management magazine

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