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Credit Management magazine October 2017

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

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BRANCH NEWS<br />

Wine and Wisdom<br />

Kent Branch<br />

HAPPY Hays won the<br />

Kent Branch Shield for<br />

the first time in their<br />

history at CICM Kent<br />

Branch Annual Charity<br />

Wine and Wisdom Event<br />

(sponsored by <strong>Credit</strong> Limits International),<br />

held for the third year in succession at the<br />

Assembly Rooms in Faversham. Fighting<br />

off the close challenge from seven<br />

other opponents, the team from Hays<br />

in Maidstone, led by Craig Humphrey,<br />

emerged victorious after the scores from<br />

the final round were added up.<br />

A mention must go to Los Tranquilos,<br />

skippered by Bob Baldwin, former Kent<br />

Branch Chair, and The Tassells Allstars,<br />

a local firm of solicitors, who both kept<br />

the pressure on the winning team all<br />

the way. Last year’s winners, Team GB<br />

from TG Baynes, put up a brave fight to try<br />

to retain the Shield, as did Les Chasseurs<br />

EARLY arrivals to our event at Newcastle’s<br />

Dance City were treated to a man dancing<br />

in the entrance lobby, on his head. Perfect<br />

justification for our use of this alternative<br />

venue.<br />

We gathered to hear Claire Aynsley,<br />

Head of Regulatory Compliance<br />

and Standards at the <strong>Credit</strong> Services<br />

Association (CSA). Claire explained her<br />

long job title and the work of the CSA<br />

before enlightening us on the General<br />

Data Protection Regulation (GDPR). GDPR<br />

will replace the Data Protection Act 1998<br />

on 25 May 2018.<br />

Claire’s key message was about<br />

awareness and preparation. To make<br />

senior management aware that this is<br />

De Dettes from <strong>Credit</strong> Limits International.<br />

As for the Kent Branch Committee Team?<br />

Well, at least they helped set up the event<br />

beforehand and tidied up afterwards!<br />

As ever, the questions were taxing<br />

but varied, ranging from current topics<br />

(yes, we even had a Brexit round) and we<br />

are grateful to Simon Paterson, Branch<br />

Treasurer, for being our resident Quiz<br />

Master.<br />

Proceeds from the entry fee and raffle<br />

raised £630 for The Ellenor Lions Hospice<br />

in Gravesend, chosen by the winners from<br />

a shortlist of local charities nominated by<br />

the Committee.<br />

Thanks must again go to Simon and<br />

Marion for organising the food and<br />

beverages, Pierre for sponsoring the wine<br />

and the Committee for its hard work in<br />

making this another success.<br />

Author:<br />

Kevin Artlett.<br />

GDPR leave you<br />

dancing on your head?<br />

North East Branch<br />

going to happen and to be prepared. GDPR<br />

will affect any organisation that processes<br />

personal data, including employee data.<br />

No business will escape, even leaving the<br />

EU will not change this.<br />

We heard about changes in increased<br />

accountability, more rights for individuals<br />

and new obligations for reporting<br />

breaches. There was very much more and<br />

Claire kindly left us all a copy of the CSA<br />

GDPR guidance to get us started. We went<br />

away ready to review our contracts and<br />

procedures. Some members searched for<br />

a quiet corner to dance on their head and<br />

gently weep.<br />

Author:<br />

Paul Woodward MCICM(Grad).<br />

Full name:<br />

Clare Withers<br />

Current job title:<br />

Accounts Receivable Manager<br />

Current company name:<br />

Transas Marine<br />

60SECONDS<br />

WITH<br />

Number of years in credit management: 22<br />

Number of years in current role:<br />

Four months<br />

How did you get into credit management?<br />

I applied for a Sales and Purchase Ledger<br />

Assistant Role when I was 17, without knowing<br />

what a ledger was!<br />

What is the best thing about where you<br />

work?<br />

It’s a business that’s going through change and<br />

it’s very challenging, it’s a global business so the<br />

chance to work with colleagues of all different<br />

nationalities is something I really enjoy.<br />

What motivates you?<br />

The opportunity to learn/do something new and<br />

my children motivate me too – I want to set a<br />

good example to them of what can be achieved<br />

through hard work.<br />

What skill do you think has helped you<br />

most in your credit career so far?<br />

I think ‘natural’ skills more than ‘learned’ ones,<br />

I’ve always been quite quick at picking things up<br />

and I’m naturally quite impatient too, not a bad<br />

thing when chasing debtors!<br />

Name three people you would invite to a<br />

dinner party and why?<br />

Gene Kelly, Elizabeth I and my Dad, all people I<br />

admired or loved who are no longer with us and<br />

who I’d love to meet or see again.<br />

What is your favourite pastime/relaxation<br />

activity?<br />

I do love a boxset binge.<br />

What is the best/worst quality in a leader?<br />

Inspiration and fairness are really important to<br />

me, lack of empathy leaves me cold.<br />

Who is your business or personal hero?<br />

My best friend, like me she has no degree or<br />

formal qualifications but through sheer hard<br />

work and determination she’s worked her way<br />

up to Director level in her business before she’s<br />

40.<br />

What can't you live without?<br />

My children.<br />

What’s been your most rewarding moment<br />

in your credit career?<br />

I was the recipient of an award for my work in<br />

reducing debt and DSO and tightening processes<br />

around the offering of credit. Nominations were<br />

submitted to the board with examples of your<br />

achievements and each year they recognised a<br />

handful of employees they felt were deserving.<br />

It was a complete surprise but I was absolutely<br />

thrilled to receive it.<br />

What has surprised you the most about<br />

working in credit?<br />

That I work in credit! I’m quite a flamboyant<br />

person by nature and flamboyance and credit<br />

don’t tend to go hand in hand, but it suits my<br />

love of people and relationships, we all know<br />

half the battle is the relationship you build with<br />

your customer!<br />

If you weren’t working in credit<br />

management, what would you be doing?<br />

I’d be teaching History in a secondary school<br />

somewhere.<br />

The Recognised Standard / www.cicm.com / November <strong>2017</strong> / PAGE 59

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