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SPRING 2021<br />

www.iod.com<br />

<strong>Midlands</strong><br />

The official membership magazine for the Institute of Directors in the <strong>Midlands</strong><br />

Back to work...<br />

Focus on mental wellbeing as<br />

we start to return to the office<br />

EVENTS DIRECTOR DEVELOPMENT ADVICE AND INFORMATION NEWS


Welcome<br />

A warm welcome to the <strong>Spring</strong> issue of the <strong>IoD</strong><br />

<strong>Midlands</strong> membership magazine.<br />

The two <strong>Midlands</strong> regions of the <strong>IoD</strong> are<br />

continuing to work together to produce this<br />

publication, which we hope you will find useful.<br />

It is full of information and advice from a wide<br />

range of authoritative sources, covering<br />

everything from <strong>IoD</strong> services, events and training<br />

through to information that directors need to<br />

have in their locker on a host of issues, from<br />

cyber crime to HR, exporting advice, mental<br />

health and employment law.<br />

You will notice we have tried to focus a little on<br />

‘moving on’ from Covid-19. That is not to say<br />

that the crisis has passed: it certainly has not. But<br />

we are at a stage where we can see the virus in<br />

retreat and we need to start creating a landscape<br />

in which businesses can operate once more.<br />

Key to this new landscape is looking after our<br />

people, and we have a special feature on mental<br />

health and workplace wellbeing in this issue. We<br />

would urge you to read it and consider some of<br />

the points raised; the pandemic may have<br />

impacted very seriously on your employees’<br />

mental health, particularly if you have<br />

furloughed staff or perhaps have not seen them<br />

in person for some time. There is only so much<br />

information you can pick up from Zoom<br />

meetings. Many may be anxious about returning<br />

to work, or have personal issues that need<br />

addressing. Our special feature will give you<br />

some pointers as to what to look for and what<br />

you must do, from page 34.<br />

Despite the restrictions imposed on us all by<br />

Covid-19, the <strong>IoD</strong>’s work has never stopped. We<br />

have continued to press the government<br />

Contents<br />

<strong>IoD</strong> News 4-13<br />

Technical briefing:<br />

Post-Brexit trade 14<br />

Big data 16<br />

Energy issues 18<br />

Nottingham Trent<br />

University 20<br />

Professional Development<br />

with the <strong>IoD</strong> 22<br />

<strong>IoD</strong> Ambassadors and<br />

Committees 28<br />

Events schedule 44<br />

Brian Hall<br />

throughout, making the case for business and<br />

the support measures you need. On page 7 we<br />

highlight some of the decisions taken recently<br />

that have the <strong>IoD</strong>’s stamp on them.<br />

We have also been hosting training and<br />

professional development seminars online, and<br />

the take-up of these has been very high. From<br />

comments expressed, members have<br />

appreciated the support they’ve received. We<br />

have also seen a large number of members<br />

making use of the <strong>IoD</strong>’s business research,<br />

information, tax and legal helplines. These are all<br />

free to core members, and you can find more<br />

about them on pages 10-11.<br />

Finally, while we do not have any in-person<br />

events planned just yet, it is hoped that by<br />

summer that will have changed. When we get the<br />

chance, we look forward to meeting you again.<br />

Brian Hall<br />

Chair, <strong>IoD</strong> West <strong>Midlands</strong><br />

Gary Headland<br />

Chair, <strong>IoD</strong> East <strong>Midlands</strong><br />

36<br />

Covid-19:<br />

The workplace mental<br />

health wake-up call<br />

of a generation.<br />

Special feature on<br />

protecting workforce<br />

wellbeing, pg 34-43<br />

Gary Headland<br />

Please note...<br />

Although every effort is<br />

made to ensure the<br />

accuracy of material<br />

contained within this<br />

magazine, neither the <strong>IoD</strong><br />

nor Chamber Media<br />

Services can accept any<br />

responsibility for omissions<br />

or inaccuracies in its<br />

editorial or advertising<br />

content. The views<br />

expressed in this<br />

publication are not<br />

necessarily those of the <strong>IoD</strong>.<br />

The carriage of adverts in<br />

this publication does not<br />

constitute an endorsement<br />

of the products or services<br />

advertised.<br />

All articles within this<br />

publication are copyright<br />

<strong>IoD</strong> West <strong>Midlands</strong>. Editorial<br />

consent must be obtained<br />

before any are reproduced<br />

either in printed form or<br />

electronically.<br />

CONTACTS<br />

<strong>IoD</strong> East <strong>Midlands</strong><br />

Nottingham Trent<br />

University, Burton St,<br />

Nottingham NG1 4BU<br />

Chair: Gary Headland<br />

e: chair.eastmids@iod.net<br />

t: 07787 484448<br />

Branch Manager –<br />

East & West <strong>Midlands</strong><br />

Cari Grice<br />

e: Cari.Grice@iod.com<br />

t: 0115 857 8170<br />

Student Placement –<br />

Branches Tasha<br />

MacGilbert<br />

e: Tasha.Macgilbert@<br />

iod.com<br />

t: 0115 857 8168<br />

<strong>IoD</strong> West <strong>Midlands</strong><br />

A new members’ business<br />

hub will be opening soon.<br />

Watch this space/ the <strong>IoD</strong><br />

website for details.<br />

Chair: Brian Hall<br />

e: chair.westmidlands<br />

@iod.net<br />

Senior Branch Manager –<br />

<strong>IoD</strong> East & West <strong>Midlands</strong><br />

Sophie Breeden<br />

e: Sophie.Breeden@<br />

iod.com<br />

t: 0121 281 5530<br />

The Institute of Directors<br />

<strong>Midlands</strong> membership<br />

magazine is published on<br />

behalf of the <strong>IoD</strong> by:<br />

Chamber Media Services,<br />

4 Hilton Road, Bramhall,<br />

Stockport, Cheshire SK7 3AG.<br />

Advertising sales:<br />

Colin Regan<br />

t: 01942 537959 / 07871 444922<br />

e: colinregan001@yahoo.co.uk<br />

Production enquiries:<br />

Rob Beswick,<br />

t: 0161 426 7957<br />

e: rob@chambermedia<br />

services.co.uk<br />

Cover image: As we start<br />

the big return to<br />

work, have you<br />

considered the<br />

mental wellbeing<br />

of your employees?<br />

See from pg 34<br />

www.iod.com/westmids/events<br />

03


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

Welcome<br />

Covid has been wake-up call to<br />

look after the things that matter<br />

Gary Headland<br />

Chair, <strong>IoD</strong> East <strong>Midlands</strong><br />

I hope you are all safe, and well.<br />

My introduction for this issue of our <strong>IoD</strong><br />

regional magazine focuses on two<br />

important issues which are high priorities<br />

for me in my own business, both of which<br />

relate to safety.<br />

Our People<br />

First is the safety of our people: I am<br />

really concerned about the impact the<br />

past 12-18 months has had on them.<br />

My primary role is a people business.<br />

With around 1,200 staff, we deliver<br />

education to approximately 18,000 students<br />

each year, based in three countries on three<br />

continents. Combined, that is a lot of<br />

people, all of whom have felt the impact of<br />

Covid (and to a lesser extent, Brexit) in a<br />

range of different ways. Our operating<br />

model has been turned upside down and<br />

while aspects of our culture have<br />

strengthened during the crisis, many of<br />

our customs and working practices,<br />

systems and routines have effectively<br />

become void.<br />

My concern about people relates to<br />

assumptions I hear being made across<br />

many businesses about what ‘the right<br />

thing to do is’, with very bold statements<br />

about what people want or how people<br />

have fared: “People are happier working<br />

from home”; “people are more productive<br />

working remotely”. With some fairly<br />

gentle scratching of the surface, many (but<br />

by no means all) people really mean when<br />

they ask what the right thing to do is, is<br />

‘what the business needs’ – ie, a financially<br />

driven decision – but they are rationalising<br />

their thinking as a result of a data bias,<br />

more on which below.<br />

The current financial year for my own<br />

business has been very hard but I am<br />

resisting the urge to make urgent<br />

operational decisions that involve people<br />

until we have a better understanding<br />

about the genuine impact the past 12-18<br />

months has had on the health, wellbeing<br />

and productivity of our workforce.<br />

As a young military officer in the early<br />

‘90s, the OODA loop (Source: USAF Col<br />

John Boyd; see above) formed part of my<br />

leadership training and it has stayed with<br />

me throughout my professional working<br />

life.<br />

In my experience, crisis management<br />

can sometimes cause us to take shortcuts.<br />

This can mean that we observe and then<br />

use our knowledge, experience and<br />

intuition to decide without proper<br />

orientation (analysis). Those preferring a<br />

dynamic, seat-of-their-pants approach<br />

might think we can’t afford ‘paralysis by<br />

analysis’: we need to make decisions now.<br />

To a point I agree but equally I have<br />

never felt that expediency is an excuse for<br />

poor judgement.<br />

The danger with our knowledge,<br />

experience and intuition is the risk of data<br />

biases: eg, confirmation bias, framing bias,<br />

over-confidence bias, availability bias and<br />

short-termism.<br />

Human beings are not predictable in<br />

the way that machines and systems are.<br />

In the rush to make decisions, I feel<br />

strongly that we as company directors<br />

need to make the OODA loop work as fast<br />

as possible, not to move rashly from<br />

‘observe’ to ‘decide’.<br />

Our Information and Systems<br />

My second concern is the safety of our<br />

information and systems.<br />

Unfortunately, I have first-hand<br />

experience of a major cyber attack in the<br />

past six months. The attack was made<br />

with military precision in terms of<br />

reconnaissance, intelligence and<br />

execution. The disruption was immense<br />

and cost of recovery significant, despite<br />

having excellent insurance in place.<br />

These despicable attackers are highly<br />

organised and capable and could not give<br />

a fig about our worthy purpose and civic<br />

contribution. Many other education<br />

establishments and businesses have been<br />

attacked very recently. It is on the rise!<br />

We felt that we were well prepared, we<br />

had a cyber security mindset,<br />

accreditation, as well as two recent audit<br />

inspections providing a clean bill of health<br />

– yet even so, we were a victim.<br />

Our attack took place close to midnight<br />

“The attack was made with military<br />

precision in terms of<br />

reconnaisance, intelligence and<br />

execution... the disruption was<br />

immense and costly...”<br />

04<br />

www.iod.com/emidlandsevents


on a Saturday night. Frankly, what we<br />

needed (and I believe what all of us need)<br />

was round-the-clock cyber protection<br />

through a cyber-security managed service,<br />

which we now have.<br />

During our time of crisis, a local<br />

company called KryptoKloud came<br />

immediately to our aid. I was so impressed<br />

by their attitude and professionalism that I<br />

reached out to them to become a regional<br />

sponsor of the <strong>IoD</strong> to help other businesses<br />

across our region. Without KryptoKloud,<br />

we could easily have made immediate<br />

decisions in the wake of the attack that<br />

could have made the situation very much<br />

worse. They helped us to recover very<br />

quickly and this included rebuilding all of<br />

our servers and wiping and reimaging all of<br />

our end points (PCs, laptops, etc).<br />

Cybersecurity is obviously an unwelcome<br />

overhead but I just don’t see it as optional.<br />

Rather like car seatbelts in the ’60s and the<br />

introduction of health and safety, cyber<br />

security needs to be an essential part of our<br />

operations and our corporate governance.<br />

It is, of course, surrounded by language<br />

unintelligible to many of us.<br />

Since our attack and full recovery, I have<br />

met with many directors from a range of<br />

sectors and asked the following questions:<br />

n Has your organisation been attacked<br />

by a hacker already? If you answered ‘no’<br />

to this you are probably misinformed or<br />

unaware, as it is almost certain you have!<br />

n Do you ‘honestly’ know the extent to<br />

which you are protected from cyber-attack<br />

or is this a delegated task?<br />

n Is cyber-attack managed as a strategic<br />

risk for your organisation, discussed by<br />

your Board, with a comprehensive<br />

mitigation strategy in place?<br />

n How would you know if you are being<br />

attacked?<br />

n Do you have an immediate action<br />

‘drill’ to mitigate damage? I don’t mean a<br />

business recovery plan, I mean a plan to<br />

guide you through the immediate actions<br />

you need to take.<br />

n Do you have a detection system that<br />

works during evenings, weekends and<br />

holidays (when attackers are most likely to<br />

strike) or does it rely on your technology<br />

staff actually being at work?<br />

n Have you got adequate insurance<br />

against cyber-attack? How do you know it<br />

is adequate? Have you actually read it and<br />

stress-tested it, or did someone procure it<br />

for you?<br />

n How could your business operate<br />

without access to your data and/or your<br />

operating systems for weeks, potentially<br />

months.<br />

So far, not a single person I have spoken<br />

with, or written to, can answer these<br />

questions to their own satisfaction. Can you?<br />

Andy’s the ‘right man<br />

to take <strong>IoD</strong> Greater<br />

Birmingham forward’<br />

A warm <strong>IoD</strong> West <strong>Midlands</strong> welcome to<br />

Andy Wilkinson who has been<br />

appointed chair of the newly formed<br />

Greater Birmingham branch.<br />

The new branch – created following a<br />

major restructure of the <strong>IoD</strong> West<br />

<strong>Midlands</strong> network – incorporates<br />

Birmingham city and Solihull.<br />

“I’m looking forward to the challenge<br />

of leading this exciting new branch,”<br />

said Andy. “Outside London,<br />

Birmingham is the largest city economy<br />

in the UK. We have all the key<br />

ingredients for business including a<br />

large population, a well-connected and<br />

thriving city centre, excellent<br />

universities and fantastic culture.”<br />

Andy is a well-known figure in the<br />

region. The joint founder and managing<br />

director of Birmingham-based<br />

marketing communications agency<br />

Oakley Wilkinson Bryan (OWB Creative),<br />

in 2017 he was named SME Director of<br />

the Year by <strong>IoD</strong> West <strong>Midlands</strong>.<br />

He is a former non-executive director<br />

of St Giles Hospice Group and Business<br />

Link West <strong>Midlands</strong>, where he was also<br />

ambassador for creative industries.<br />

He previously held senior marketing<br />

positions with TNT United Kingdom,<br />

Blagden Industries and Burgess Group<br />

and agency roles in London, Bristol,<br />

Birmingham and South Africa.<br />

He has nothing but praise for<br />

the way <strong>IoD</strong> members have<br />

responded to the challenge of<br />

the pandemic: “They have been<br />

forced to draw upon all their skills<br />

and resilience over the past year<br />

“<strong>IoD</strong> members have<br />

been forced to draw<br />

upon all their skills and<br />

resilience, but it’s good<br />

that there is light at the<br />

end of the tunnel...”<br />

but there is light at the end of the<br />

tunnel. The <strong>IoD</strong> is on hand to provide<br />

connections, learning opportunities<br />

and influence over the coming months,<br />

with fantastic new member benefits<br />

and enhanced offering for existing<br />

members including training, new<br />

business research facility, virtual<br />

events, lobbying initiatives and<br />

critically networking to get business<br />

moving.”<br />

Andy will work alongside a branch<br />

team to ensure that the views of local<br />

directors are represented within the<br />

<strong>IoD</strong>’s influential policy voice. During<br />

the pandemic the <strong>IoD</strong> has helped to<br />

secure vital support for businesses,<br />

including financial assistance for wage<br />

bills and changes to insolvency rules.<br />

Brian Hall, <strong>IoD</strong> West <strong>Midlands</strong><br />

regional chair, said: “Our new structure<br />

has removed outdated boundaries and<br />

created a branch that gives one of the<br />

UK’s most dynamic business<br />

communities the status and influence<br />

that it deserves.<br />

“As the economy begins its recovery<br />

from the pandemic, Andy is the right<br />

person at the right time, to take this<br />

dynamic community forwards.”<br />

The restructure has also seen new<br />

<strong>IoD</strong> branches established in<br />

Worcester and the Marches<br />

and the Black Country and<br />

Staffordshire.<br />

The existing Coventry<br />

and Warwickshire branch<br />

remains unchanged.<br />

www.iod.com/westmids/events<br />

05


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

News<br />

I’m proud of the <strong>IoD</strong>’s role<br />

in the Covid-19 response<br />

Brian Hall<br />

Chair, <strong>IoD</strong> West <strong>Midlands</strong><br />

Hello, and welcome to the <strong>Spring</strong> issue of<br />

the <strong>IoD</strong> <strong>Midlands</strong> Magazine.<br />

I hope you and your teams are faring<br />

well as – fingers crossed – we near the end<br />

of restrictions and look forward to some<br />

sunnier times ahead.<br />

It goes without saying it has been an<br />

incredibly tough period for everyone, and<br />

many have suffered grievously, through<br />

human losses or financial ones created by<br />

the lockdowns. But it’s hard not to feel<br />

that the end is within our grasp and if we<br />

hold our resolve, by summer we could be<br />

viewing society as operating far closer to<br />

normal.<br />

During this past year the demands<br />

placed on the <strong>IoD</strong> have been immense,<br />

but I am very proud of all that we have<br />

achieved. We’ve had to change the way<br />

we work and how we serve our members,<br />

but I’ve been pleased with the result and<br />

what we have been able to offer. We<br />

worked collaboratively across the region,<br />

with the Mayor, the <strong>Midlands</strong> Engine and<br />

with Chambers of Commerce, to make the<br />

business case to power and ensure that<br />

necessary support mechanisms were in<br />

place. When the Government was looking<br />

to understand the needs of business at the<br />

start of the pandemic, the West <strong>Midlands</strong><br />

was a leading contributor to the <strong>IoD</strong>’s<br />

response, and our suggestions helped<br />

formulate Government business recovery<br />

and employee funding packages.<br />

The West <strong>Midlands</strong> has also been<br />

instrumental in the creation of a new <strong>IoD</strong><br />

Export Group to help businesses looking<br />

to trade overseas, and led the challenge to<br />

insurers over how they were interpreting<br />

business interruption insurance policies.<br />

Throughout our engagement with<br />

members it was clear that business leaders<br />

understood the nature of the crisis and<br />

their role within it, and while shutting<br />

operations down and furloughing staff<br />

was painful, it was necessary. All they asked<br />

in return was clear information from which<br />

they could make informed decisions.<br />

Away from the bigger picture of a<br />

national response, other parts of the <strong>IoD</strong>’s<br />

membership service have also flourished.<br />

I know from my own contacts with<br />

members that many of you have used the<br />

06<br />

<strong>IoD</strong>’s legal and tax helplines during this<br />

challenging time, as you looked to<br />

understand the options available to your<br />

businesses – with one member describing<br />

the help he received as “simply brilliant”<br />

– while the <strong>IoD</strong> research team has been<br />

kept busy with inquiries.<br />

What next?<br />

However, now we are edging towards<br />

the end of the crisis, what next? It’s clear<br />

directors want to reconnect with the wider<br />

business community. We are hopeful that<br />

by summer we will have in place a full<br />

schedule of events – both virtual and in<br />

person – as well as a comprehensive diary<br />

of local professional development<br />

programmes. I’m sure I’m not the only<br />

one who is looking forward to meeting up<br />

once more.<br />

To help you reconnect, we have<br />

made some changes to the<br />

branch structure of <strong>IoD</strong> West<br />

<strong>Midlands</strong> over the past 12<br />

months, to bring it closer to<br />

its members and position it<br />

to better match your<br />

regional needs. You will see<br />

details of this in this<br />

magazine. First, on pg 5 we<br />

introduce Andy Wilkinson, the<br />

new chair of our city branch, <strong>IoD</strong><br />

Greater Birmingham. In many ways<br />

Andy typifies the <strong>IoD</strong> membership in the<br />

region: ambitious, digitally savvy and<br />

youthful, brimming with ideas and driven<br />

by a desire to make his business more<br />

successful.<br />

His branch is one of four that now<br />

covers the West <strong>Midlands</strong>, alongside<br />

Coventry & Warwickshire, Worcester &<br />

“It was clear that business leaders<br />

understood the nature of the crisis<br />

and their role within it, and while<br />

shutting operations down and<br />

furloughing staff was painful,<br />

it was necessary...”<br />

More on <strong>IoD</strong><br />

membership<br />

benefits, including<br />

the information<br />

service and tax and<br />

legal helplines, see<br />

pages 10-11<br />

the Marches and the Black Country and<br />

Staffordshire.<br />

Second, our drive for <strong>IoD</strong> Ambassadors<br />

continues, with a number of high-profile<br />

appointments made. These hugely<br />

experienced men and women are our<br />

figureheads to whom you can turn for<br />

guidance and advice on a host of issues<br />

affecting your business.<br />

You will also notice a call to arms for<br />

more members to come forward and help<br />

lead the <strong>IoD</strong>. There are more ambassador<br />

roles available if you wish to contribute.<br />

See more, from pg 28.<br />

Finally, there is one more role we are<br />

looking to fill: my own. My term of office<br />

expires this summer and the search is on<br />

for my successor. Whoever takes on the<br />

role will be very fortunate; I’ve had a<br />

marvellous time, despite the shadows<br />

of first Brexit and then Covid<br />

peering over my shoulder<br />

throughout. It’s certainly<br />

made it challenging – but<br />

nevertheless, hugely<br />

enjoyable. The best part<br />

has been getting out and<br />

about, meeting members<br />

and hearing their stories<br />

about leading their<br />

businesses and how much<br />

they achieved.<br />

Hopefully, the new chair will take<br />

over with Covid retreating in the rear view<br />

mirror, with exciting opportunities on the<br />

horizon such as the Commonwealth<br />

Games and new opportunities for<br />

overseas trade and exports through an<br />

outward-looking ‘Global Britain.’<br />

I look forward to introducing that<br />

person to you in the summer issue.<br />

www.iod.com/emidlandsevents


<strong>IoD</strong> secures key policy<br />

wins from Chancellor<br />

The <strong>IoD</strong> Policy team scored a number of<br />

notable wins for businesses from the<br />

Chancellor in his Budget, including the<br />

continuation of Covid-19 economic support.<br />

The Chancellor matched or even<br />

exceeded <strong>IoD</strong> calls on some points,<br />

particularly around the discretionary grant<br />

fund for local authorities and the more<br />

gradual taper of the Coronavirus Job<br />

Retention Scheme and the Self-Employed<br />

Income Support Scheme.<br />

It was also encouraging to see the<br />

introduction of a recovery loan scheme,<br />

through which firms of all sizes are eligible<br />

for loans of between £25,000 - £10 million,<br />

with the Government guaranteeing 80 per<br />

cent of the funding.<br />

Away from Covid, a number of other<br />

initiatives the <strong>IoD</strong> had been calling for were<br />

confirmed. The need for a new digital and<br />

green recovery credit incentive for SMEs<br />

was backed with the announcement of the<br />

Help to Grow: Digital scheme, and new<br />

R&D tax reliefs. There was also an incentive<br />

to invest in new plant and machinery with<br />

a ‘super-deduction’ which allows companies<br />

to cut their tax bill by up to 25p for every £1<br />

they invest in qualifying new plant.<br />

A request for increased funding for R&D<br />

and green-led regional growth also came to<br />

fruition. The <strong>IoD</strong> had also called for the<br />

extension of the VAT cut for heavily<br />

impacted sectors – which now sees the new<br />

5% VAT rate for the tourism and hospitality<br />

sectors continuing until end-September –<br />

while the extension of the apprenticeship<br />

hiring incentive until September and an<br />

increase of payment to £3,000 was another<br />

policy win for the <strong>IoD</strong>.<br />

As ever, you never get everything you<br />

asked for. The <strong>IoD</strong> has called for funding to<br />

boost knowledge transfer and commercial<br />

The SME Brexit Support Fund has been<br />

established to help businesses with<br />

changes to trading regulations with the<br />

EU, including new customs, rules of<br />

origin, and VAT arrangements.<br />

The fund will help businesses<br />

prepare for import controls which<br />

come into force from April and July.<br />

The Government is introducing these<br />

in stages, allowing traders and hauliers<br />

time to adjust to new processes.<br />

This means businesses do not have to<br />

complete new import declarations for<br />

between universities and business for some<br />

time, and it was disappointing to see no<br />

action taken on this issue in the Budget.<br />

Equally, a temporary reduction in NI<br />

contributions by employers was rejected.<br />

Perhaps the biggest disappointment was<br />

that support for businesses hit by Brexit<br />

saw some movement but perhaps not as<br />

much as the <strong>IoD</strong> would have wished. On a<br />

number of issues the <strong>IoD</strong> made it clear that<br />

more support was needed for those<br />

businesses adversely affected by Brexit, and<br />

it would continue to keep pressing on a<br />

number of fronts, including reducing the<br />

minimum threshold for UK content in<br />

contracts eligible for UKEF assistance and<br />

for significant increases in DTI resources,<br />

to help business make better use of existing<br />

and future trade agreements.<br />

Last chance to access Brexit fund<br />

up to six months, unless they are<br />

moving controlled goods.<br />

This is a £20 million programme.<br />

SMEs that trade only with the EU, and<br />

are therefore new to importing and<br />

exporting rules, can apply for grants of<br />

up to £2,000 for each trader, to support<br />

importing and exporting, including<br />

training and advice to ensure they<br />

continue trading effectively with the<br />

EU. Applications can be made HERE...<br />

but hurry, the funding programme<br />

closes on June 30.<br />

Membership<br />

inquiries<br />

Should you have any questions<br />

regarding your <strong>IoD</strong> membership or<br />

renewal then please contact your local<br />

Branch Manager in the first instance.<br />

In the East <strong>Midlands</strong>:<br />

Cari Grice<br />

e: Cari.Grice<br />

@iod.com<br />

t: 0115 857 8170<br />

In the West <strong>Midlands</strong>:<br />

Sophie Breeden<br />

e: Sophie.Breeden<br />

@iod.com<br />

t: 0121 281 5530<br />

Raise your profile<br />

with prestigious<br />

Pall Mall address<br />

Do you need a central London office<br />

address but you don’t want to pay high<br />

rent for a physical space? Do you want<br />

help on mail and call handling? Then the<br />

<strong>IoD</strong> Virtual Office can offer you and your<br />

business all of that and so much more!<br />

Choosing to work with <strong>IoD</strong> Virtual<br />

Office and registering your company in<br />

Pall Mall will raise the profile of your<br />

business and give it a much sought-after<br />

SW1 postcode and London phone<br />

number, positioning you right in the<br />

heart of the capital.<br />

You can tailor this address with other<br />

<strong>IoD</strong> support services, such as call<br />

handling and a hot desk facility available<br />

on a full or half-day basis.<br />

<strong>IoD</strong> Virtual Office prices start from £90<br />

plus VAT a month for members, while a<br />

dedicated London telephone number(s)<br />

with professional call handling from our<br />

London based <strong>IoD</strong> Virtual Office team<br />

starts from £75 plus VAT a month<br />

(members). Click on the logo<br />

for more details, or call<br />

0207 451 3300.<br />

www.iod.com/westmids/events<br />

07


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

News<br />

Coming soon: The <strong>IoD</strong> Director<br />

of the Year Awards 2021<br />

<strong>IoD</strong> <strong>Midlands</strong> is delighted to announce<br />

that the 2021 Director of the Year awards<br />

will be opening for entries very soon.<br />

Last year this annual event was held<br />

online, courtesy of our partners at the DRP<br />

Group in Kidderminster.<br />

Expertly compered by <strong>IoD</strong> West and<br />

East <strong>Midlands</strong> chairs Brian Hall and Gary<br />

Headland, it offered “a truly inspiring<br />

insight into the hard work that has gone<br />

on to keep businesses moving throughout<br />

2020,” Brian said; “the perfect antidote to<br />

all the doom and gloom surrounding the<br />

pandemic.”<br />

Big winners in 2020 were Jonathan<br />

Hemus of Insignia Crisis and Reputation<br />

Management, and Peter Jarvis of<br />

Comtechs, who were named Director of<br />

the Year in the SME Business and Large<br />

Business (over £50m t/o) categories<br />

respectively, while the prestigious Chairs’<br />

Awards went to Dr Clive Hickman in the<br />

West <strong>Midlands</strong> and Pat Doody<br />

in the East <strong>Midlands</strong>.<br />

This year the event will<br />

highlight those directors<br />

who have flourished<br />

despite the constraints<br />

of Covid-19, inspiring<br />

their organisations to<br />

growth and expansion<br />

will keeping their<br />

DIRECTOR<br />

OF THE YEAR<br />

AWARDS 2021<br />

DIRECTOR OF THE YEAR<br />

LARGE BUSINESS<br />

DIRECTOR OF THE YEAR<br />

SME<br />

DIRECTOR OF THE YEAR<br />

FAMILY BUSINESS<br />

DIRECTOR OF THE YEAR<br />

START-UP<br />

DIRECTOR OF THE YEAR<br />

THIRD SECTOR<br />

Entries will be open soon!<br />

employees focused, positive and<br />

motivated.<br />

See the graphic above for<br />

this year’s awards<br />

categories, and look out<br />

for more information<br />

about how to enter<br />

and/or nominate<br />

other directors at<br />

www.iod.com.<br />

A celebration of leadership talent, success and achievement<br />

DIRECTOR OF THE YEAR<br />

INTERNATIONAL<br />

DIRECTOR OF THE YEAR<br />

INNOVATION<br />

DIRECTOR OF THE YEAR<br />

YOUNG<br />

DIRECTOR OF THE YEAR<br />

AGILITY & RESILIENCE<br />

DIRECTOR OF THE YEAR<br />

EQUALITY, DIVERSITY & INCLUSION<br />

DIRECTOR OF THE YEAR<br />

CSR<br />

DIRECTOR OF THE YEAR<br />

NON-EXECUTIVE<br />

DIRECTOR OF THE YEAR<br />

PUBLIC SECTOR<br />

DIRECTOR OF THE YEAR<br />

SUSTAINABILITY<br />

“It was such an honour to be a finalist in the Family Business sector, and I am now<br />

absolutely thrilled to be the winner. I accept this award on behalf of my whole<br />

team at Wathall’s who work so hard to provide the services we offer.”<br />

Helen Wathall, Founder & Director, Wathall’s;<br />

Winner, <strong>Midlands</strong> Director of the Year Awards 2020<br />

Alternatively, if you would like to<br />

keep up-to-date with the awards<br />

process, email Cari Grice at<br />

Cari.Grice@iod.com.<br />

2020 Winners: Dr Clive<br />

Hickman (far left) and<br />

above, Pat Doody<br />

Information at your fingertips<br />

One of the most popular benefits of <strong>IoD</strong> membership is the Information<br />

Advisory Service, through which members can ask our research department<br />

for information on 25 occasions through the year. One member contacted the<br />

<strong>IoD</strong> West <strong>Midlands</strong> office to record their satisfaction: “I contacted the<br />

Information Service to help research export opportunities within Asia and<br />

Africa, two sectors we had never looked at before. I was allocated a specific<br />

contact in the research team who took the time to understand the nature of my<br />

request, to ensure that the output met with my requirements. The answers were<br />

delivered within 48 hours of my initial request and far exceeded my expectations.<br />

“It will also play a key part in delivering growth for my business! ”<br />

Make your voice heard...!<br />

The <strong>IoD</strong> runs Policy Voice, a way to gauge<br />

the opinions and thoughts of its members,<br />

which it then uses to formulate policies to<br />

be fed back to the Government in<br />

Westminster. To get involved and have your<br />

say, register now at<br />

iod.com/policyvoice<br />

Members’ magazine<br />

Tell us what’s happening in your world: we are always<br />

looking for interesting and relevant editorial for the<br />

magazine and online, so please speak to<br />

Cari Grice or Sophie Breeden about any content you may<br />

have. There are also opportunities to advertise in this<br />

magazine. For more details speak to Colin Regan at<br />

Chamber Media Services (details on pg 3) and see how the <strong>IoD</strong> <strong>Midlands</strong><br />

magazine can be part of your marketing plan.<br />

08<br />

www.iod.com/emidlandsevents


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

<strong>IoD</strong> <strong>Midlands</strong>: Membership<br />

Making the most of<br />

<strong>IoD</strong> membership<br />

The <strong>IoD</strong> in numbers: Did you know as a core member^ you get...<br />

Free business advice,<br />

research and<br />

information<br />

Find out more at www.iod.com/services/information-and-advice<br />

4<br />

25<br />

25 calls to our legal<br />

enquiries to the Business<br />

Information Service<br />

sessions with our<br />

business advisers<br />

helpline and 25 calls<br />

to our tax helpline<br />

Business Information<br />

As an <strong>IoD</strong> member, you have access to top professional researchers<br />

through the <strong>IoD</strong> Business Information service.<br />

They can provide you with valuable information on topics ranging<br />

from market forecasts and industry trends to trading abroad and<br />

employee salaries.<br />

Directors’ Advice<br />

No matter how well connected you are, sometimes you need<br />

independent and confidential business advice from a specialist.<br />

The Directors’ Advisory Service provides <strong>IoD</strong> members with just<br />

that, free of charge. Our expert advice covers issues from raising<br />

finance to board appointments and shareholder disputes.<br />

Key details<br />

1. Free and exclusive service to you as an <strong>IoD</strong> member<br />

2. Accessible from all over the world by email or phone<br />

3. Up to 25 enquiries* per calendar year with 30 minutes of research<br />

time on each occasion<br />

4. Bespoke answers within 24 hours or soon thereafter during<br />

exceptionally busy periods<br />

*According to your membership package<br />

Key details<br />

1. Exclusive to <strong>IoD</strong> members<br />

2. Free, independent & confidential advice on a vast range of issues<br />

3. Advice is given by appointment either in a face-to-face<br />

consultation at 116 Pall Mall or over the telephone, depending on<br />

adviser availability<br />

4. Up to four appointments per calendar year, 30-45 minutes each.<br />

^<br />

Full Members and Associates have full access to our digital business library and guides as well as our archive of research and reports.<br />

Covid-19: Support for you<br />

and your business<br />

Government Support<br />

Information & Advice<br />

Directors & Governance<br />

Remote Wellbeing<br />

Learning & Development<br />

Community Content<br />

All available at<br />

www.iod.com<br />

The coronavirus pandemic has<br />

presented unparalleled challenges.<br />

We want to provide you with the<br />

connections, development, and<br />

influence not just to recover, but to build<br />

back better. Our Support Hub provides<br />

the resources you need to do so.<br />

The <strong>IoD</strong>’s greatest resource is its<br />

community of members – if you’d like<br />

to contribute or sign up to our member<br />

support directory, email ideas@iod.com.<br />

We are in direct contact with<br />

Government, pressing for the right<br />

measures to see UK directors and the<br />

economy through the months ahead.<br />

Make your thoughts heard: sign up to<br />

the <strong>IoD</strong>’s Policy Voice or email us at<br />

policy-unit@iod.com.<br />

10<br />

www.iod.com/emidlandsevents


Membership grades<br />

and criteria<br />

<strong>IoD</strong> membership is open to anyone with<br />

senior-level responsibilities – you do not need<br />

to be a registered director or working in a<br />

commercial entity to be eligible for Associate<br />

status but only practicing directors can obtain<br />

Member and Fellow status of the <strong>IoD</strong>.<br />

Associate (A<strong>IoD</strong>)<br />

Associate status with the <strong>IoD</strong> is for those who<br />

are not a practising director, including those:<br />

• Working closely with directors, such as<br />

intrapreneurs<br />

• Aspiring to be a director<br />

• Studying as undergraduate students<br />

• Who have been a director and are unlikely to<br />

be a director again but wish to stay in touch with<br />

the director community<br />

Associate members receive a reduced benefits<br />

package to full members, but can use the A<strong>IoD</strong><br />

post-nominal to denote their membership.<br />

Member (M<strong>IoD</strong>)<br />

Member status with the <strong>IoD</strong> is for those who are<br />

practising directors and meet the below criteria:<br />

• Are a practising director – or have been and<br />

intend to be again in the near future<br />

• Have never been disqualified as a director<br />

Member status is for both executive and<br />

non-executive directors and also their<br />

equivalents (in terms of responsibility/<br />

authority) within the public sector, third sector,<br />

trustees and the military.<br />

Members of the <strong>IoD</strong> can use the M<strong>IoD</strong><br />

post-nominal to denote their level of<br />

membership with the <strong>IoD</strong>.<br />

Fellow (F<strong>IoD</strong>)<br />

Fellow status with the <strong>IoD</strong> is for those who are<br />

practising directors and meet the below criteria:<br />

•Satisfies all requirements for Member (cited<br />

above)<br />

• Invited to be a Fellow based on<br />

demonstrated commitment to be a ‘better<br />

director’, through one or more of:<br />

- Professional development – reaching<br />

Diploma or CDir level<br />

- Been a Member of the <strong>IoD</strong> for a minimum of<br />

five years demonstrating good performance and<br />

behaviour either professionally as a director, or<br />

in the Institute<br />

• Made an extraordinary contribution to the<br />

Institute at discretion of the admissions process<br />

Fellows of the <strong>IoD</strong> can use the F<strong>IoD</strong> postnominal<br />

to denote their level of membership<br />

with the <strong>IoD</strong>.<br />

If you would like to discuss membership<br />

grades and fees or require further<br />

information, please contact your local<br />

membership team:<br />

East <strong>Midlands</strong>:<br />

Cari.Grice@iod.com<br />

West <strong>Midlands</strong>:<br />

Sophie.Breeden@iod.com<br />

Member<br />

benefits<br />

The <strong>IoD</strong> has negotiated<br />

special discounts on key<br />

services for our members. For<br />

more information, click on the<br />

<strong>IoD</strong> logo by the offer<br />

Professional<br />

Indemnity Insurance<br />

Supplied by Hiscox<br />

Save five per cent on<br />

Hiscox’s standard rates<br />

(subject to criteria)<br />

Corporate Directors<br />

Liability Insurance<br />

Five per cent discount (most<br />

policies, with £1m of cover<br />

cost from just £900 per<br />

annum)<br />

Individual Directors<br />

Liability Insurance<br />

Up to 35 per cent discount<br />

(premiums start from just<br />

£33 per month for £1m of<br />

cover, protecting you and<br />

only you)<br />

Cyber and Data<br />

Risks Insurance<br />

Save five per cent on<br />

Hiscox’s standard rates<br />

(subject to criteria)<br />

Private health<br />

insurance<br />

10 per cent discount on<br />

Bupa By You health insurance<br />

52<br />

Visits to <strong>IoD</strong><br />

premises UK-wide,<br />

including Pall Mall<br />

“Membership has given me<br />

access to a network of<br />

other Directors in my local<br />

area and elsewhere, as well<br />

as some great training<br />

opportunites.”<br />

Carole O’Neil, Partner,<br />

HR & Training<br />

900<br />

<strong>IoD</strong> events up and<br />

down the country –<br />

including hundreds<br />

on your doorstep<br />

“My favourite thing is the<br />

sense of belonging to a<br />

strong community of<br />

business leaders; a<br />

community of strong<br />

leaders empowered to<br />

influence the business<br />

landscape in the UK and<br />

beyond.”<br />

Dr. Yahya Shakweh CDir,<br />

Vice President, Advanced<br />

Electronics Company<br />

1<br />

Step away from<br />

achieving your full<br />

potential<br />

“Becoming a member of<br />

the <strong>IoD</strong> is a great boost to<br />

your career. The <strong>IoD</strong> gives<br />

you a platform to interact<br />

with like-minded<br />

individuals and share<br />

ideas.”<br />

Ayesha Sultan CDir, Board<br />

Member<br />

International<br />

payments<br />

Get more for your money on<br />

currency transfers, with<br />

competitive exchange rates<br />

and an award-winning<br />

service from WorldFirst.<br />

<strong>IoD</strong> members receive:<br />

• Great foreign exchange<br />

rates on all international<br />

transfers<br />

• No fees on FX payments in<br />

or out of currency accounts<br />

• No opening charges or<br />

monthly fees on any of your<br />

currency accounts<br />

Car and van hire<br />

from Hertz<br />

Receive a 10 per cent<br />

discount on vehicles of all<br />

sizes, across the globe, plus<br />

free membership of Hertz<br />

Gold Plus Rewards Five Star.<br />

www.iod.com/westmids/events<br />

11


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

News<br />

<strong>IoD</strong> Enterprise Challenge is creating<br />

next generation of business leaders<br />

by Tasha MacGilbert<br />

The <strong>IoD</strong> Enterprise Challenge is a new<br />

version of the <strong>IoD</strong> £10 Challenge which<br />

has been running in the East <strong>Midlands</strong> for<br />

over five years, raising money for charity<br />

while helping students from Nottingham<br />

Trent University build their business<br />

experience.<br />

What is the <strong>IoD</strong> Enterprise Challenge?<br />

Students are split into small groups,<br />

with each group assigned a business<br />

mentor drawn from the <strong>IoD</strong> membership.<br />

They then bid for a seed capital of up to<br />

£50, and aim to turn this into as much<br />

profit as possible.<br />

The students are expected to use their<br />

business and entrepreneurial skills to<br />

reinvest their seed capital to raise money<br />

for the chosen charity.<br />

It is a challenge that gives the students<br />

an opportunity to gain first-hand<br />

experience in the world of business.<br />

They are helped along the way by <strong>IoD</strong><br />

mentors, who guide the students through<br />

the challenge and provide support where<br />

needed. They assist student groups in<br />

reaching the best possible outcome by<br />

sharing valuable experiences that the<br />

students can apply in their own microbusinesses.<br />

Mentors offer a friendly approach, with<br />

unbiased support and direction, providing<br />

guidance and feedback. They facilitate<br />

brainstorming, by providing personal<br />

insight to guide the students, as well as<br />

ongoing support and encouragement<br />

throughout the challenge.<br />

Throughout the challenge the<br />

important thing is for the students to gain<br />

vital skills, with perhaps the most<br />

important, the value of teamwork and<br />

leadership.<br />

For the outset, small groups of students<br />

are formed from different courses. Often<br />

the students will be meeting for the<br />

first time at the launch event and<br />

will need to get to know each<br />

other and learn how to<br />

communicate effectively to get<br />

the critical tasks done.<br />

They will also need to learn the<br />

importance of leadership. Roles<br />

will be assigned in each group with a<br />

single leader appointed. We expect the<br />

students to take ownership of all tasks and<br />

roles – not the mentor!<br />

Want to get<br />

involved as a<br />

mentor?<br />

Email tasha.<br />

macgilbert<br />

@iod.com<br />

Other key aspects of the Challenge<br />

include time management and enterprise.<br />

At the end of the Challenge each group<br />

is expected to discuss their journey and<br />

generate a reflective video to represent<br />

this, with presentations on display at<br />

the Celebration Event.<br />

Students will also have the<br />

opportunity to grow their digital<br />

literacy capability, including<br />

the ability to find, evaluate and<br />

compose clear information<br />

through writing and other<br />

mediums on various platforms.<br />

Where does the profit go?<br />

Profits generated are donated to the<br />

Students find their own winning formula<br />

Previous student winners of the<br />

£10 Enterprise Challenge explain their<br />

business plans<br />

A Drag Show and Lip Sync<br />

Extravaganza!<br />

“We bet on originality for this year’s <strong>IoD</strong><br />

Enterprise Challenge, and it paid off,<br />

managing to win the award for the ‘most<br />

money raised’.<br />

“We organised a Lip Sync Competition in<br />

Drag, in a cocktail bar in Soho with a<br />

professional DJ for free. We had three acts<br />

and a four-prize raffle, as well as donations<br />

and tickets revenue.<br />

“Our secret was knowing how to<br />

effectively use our networks and thinking<br />

outside the box. Doing it for a good cause<br />

made it even more rewarding”<br />

This group raised £1,000 for the John<br />

van Geest Research Centre.<br />

Our approach: selling glow sticks<br />

outside nightclubs!<br />

“Our group successfully completed the<br />

<strong>IoD</strong> East <strong>Midlands</strong> Enterprise Challenge,<br />

raising the most money for the chosen<br />

charity.<br />

“We hit upon the simple idea of selling<br />

glow sticks outside night clubs.<br />

“For our team, winning the challenge<br />

showed that the simplest ideas, good team<br />

work and organisational skills are<br />

sometimes the most effective and key to<br />

any activity!<br />

This team raised £1,546<br />

12<br />

www.iod.com/emidlandsevents


<strong>IoD</strong> supporting university students in the West <strong>Midlands</strong><br />

John Phillips MBE F<strong>IoD</strong><br />

First, I would like to thank our friends at<br />

the University of Wolverhampton who<br />

have worked tirelessly throughout the<br />

pandemic to allow <strong>IoD</strong> members to<br />

facilitate virtual student mentoring.<br />

This has been supplemented by group<br />

sessions with the students, looking at<br />

CVs, selection interviews and the current<br />

job market.<br />

<strong>IoD</strong> members have acted as mentors to<br />

undergraduates studying business<br />

subjects with an emphasis on future<br />

employability and soft skills. We will be<br />

staying close to the students this summer<br />

with the aim that they should all find<br />

employment which is commensurate<br />

with the academic qualifications they<br />

will shortly be receiving.<br />

I would like to thank Dr Jenni Jones<br />

from the University of Wolverhampton<br />

for her outstanding work and<br />

enthusiasm in supporting us through<br />

what is our 11th Year of this fantastic<br />

programme. There have been extra<br />

challenges during the pandemic and it<br />

has not been easy for many of our<br />

students. We have, however, arranged as<br />

much extra support as possible and it is<br />

our intention that all our young people<br />

will eventually find high value<br />

employment.<br />

I would also like to thank Dean<br />

Kavanagh, Chairman of <strong>IoD</strong> Coventry<br />

and Warwickshire Branch who has taken<br />

the programme with Coventry University<br />

in a slightly different but important<br />

direction by supporting postgraduate<br />

business students.<br />

Finally, a huge thank you to our<br />

marvellous <strong>IoD</strong> mentors who have given<br />

of their time so freely and with so much<br />

enthusiasm!<br />

We very much hope that the academic<br />

year for 2021/2 will see us returning to<br />

near normality.<br />

If anyone would like to help with our<br />

work please do not hesitate to contact me<br />

personally through Sophie, our Senior<br />

Branch Manager. Our mentors all say<br />

they get huge satisfaction from being<br />

part of the scheme – gaining as much<br />

from it as the students do.<br />

Giving something back: the<br />

buzz of being an <strong>IoD</strong> mentor<br />

John van Geest Research Centre. Founded<br />

by John and Lucile van Geest, the research<br />

centre seeks to “save lives and speed<br />

recovery by improving the diagnosis and<br />

treatment of cancer.”<br />

The Centre at Trent University has been<br />

made possible through the donations<br />

totalling £17 million from the John and<br />

Lucille van Geest Foundation.<br />

Upon completion of the challenge, all<br />

students participating receive free <strong>IoD</strong><br />

Student Membership, which gives them<br />

access to the <strong>IoD</strong> Regional Event schedule<br />

as well as national student events.<br />

They also gain access to an unrivalled<br />

network of business acumen through the<br />

contacts they make throughout the event.<br />

We are looking for <strong>IoD</strong> East <strong>Midlands</strong><br />

members to get involved with our student<br />

groups on the £10 Challenge.<br />

The amount of support the students<br />

need will differ from group to group, but<br />

from experience they usually meet their<br />

mentor initially on launch night, perhaps<br />

once mid-way through the Challenge and<br />

then at the celebration event.<br />

Between those dates they keep in touch<br />

via WhatsApp or email.<br />

The student helpline is something new<br />

that we are trying with student members,<br />

where our members are encouraged to help<br />

students from time to time with queries<br />

they might have.<br />

This will be a good way to support young<br />

people and an amazing thing to participate<br />

in. It will be an opportunity to offer the<br />

students practical real-world advice and<br />

help them understand more about the<br />

business world and the role of directors.<br />

We’re sure that it will also enable them to<br />

be more prepared for the world of work<br />

once they graduate.<br />

If you are interested in supporting this<br />

year’s Enterprise Challenge or know of<br />

someone who would, email<br />

tasha.macgilbert@iod.com with your<br />

details. If you have any questions then<br />

please feel free to get in touch!<br />

What do mentors involved in previous<br />

Enterprise Challenges think of the<br />

experience? We asked Clive Bridge to offer<br />

some pointers to other <strong>IoD</strong> members.<br />

“The <strong>IoD</strong> Enterprise Challenge is a great<br />

example of how business can partner with<br />

education and help build awareness of<br />

what running a company is all about.<br />

“This was my first year as a Mentor. As<br />

well it being hopefully helpful for the<br />

students, it was great fun. The Group I<br />

worked with,‘Calm Candles’, chose to<br />

manufacture and sell a variety of scented<br />

candles. This meant they had to think<br />

about a whole range of issues: design,<br />

procurement, manufacturing & packaging,<br />

marketing, finance, etc. They then had to<br />

present a credible business plan in order to<br />

be allocated their initial seed money.<br />

“While the competitive element gives<br />

students that added motivation and<br />

interest, the real benefit is that it provides<br />

invaluable learning about the various<br />

aspects of the business world. This<br />

brings to life the challenges and excitement<br />

of being in business far more than lectures<br />

and texts book can. The fact that all money<br />

raised goes to the Van Geest cancer charity<br />

makes it even more worthwhile.<br />

“Overall, a great initiative and one that I<br />

would definitely recommend to others for<br />

next year!”<br />

www.iod.com/westmids/events<br />

13


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Technical Briefing: Brexit and exporting<br />

Post-Brexit trade: Short-term<br />

headache or long-term pain?<br />

Pharma boss and Chairman of Morningside Pharmaceuticals Ltd,<br />

Dr Nik Kotecha obe, examines whether the current challenges<br />

posed by the post-Brexit trade deal and the end of the Transition<br />

Period are temporary hiccups or a more permanent problem.<br />

When the 11th hour Brexit Trade Deal<br />

arrived at the back end of 2020, most<br />

businesses hailed it as a breakthrough,<br />

largely because the prospect of No Deal<br />

would have been so damaging to UK<br />

businesses.<br />

On the one hand, the deal has given<br />

most UK businesses certainty, which will<br />

enable companies to finally be able to<br />

make long-term plans, as well as invest for<br />

the future.<br />

I am a great admirer of how UK<br />

businesses are able to adapt and innovate<br />

as their operating environments evolve,<br />

and this skill will provide many<br />

opportunities to grow into new markets as<br />

the UK continues to sign trade deals<br />

around the world.<br />

However, on the other hand and despite<br />

the business community’s initial<br />

enthusiasm, the devil was always in the<br />

detail. Indeed, some sectors weren’t<br />

included in the deal, such as financial<br />

services.<br />

It’s also clear that the new arrangements<br />

are not without their challenges. I talk to<br />

many business leaders and every<br />

company and sector is having to adapt<br />

– and to adapt very quickly. My company,<br />

Morningside Pharmaceuticals, is no<br />

different, as we import and export our<br />

pharmaceutical products globally, as well<br />

as to the EU.<br />

So the question to really ask is whether<br />

these are short-term teething problems or<br />

a longer term fundamental challenge?<br />

Pre-Brexit, we made extensive<br />

preparations for every eventuality, such as<br />

increasing buffer stocks and off-site<br />

warehousing; agreeing post-Brexit<br />

processes with freight forwarders; and<br />

ensuring EU supplier and customer<br />

readiness.<br />

But inevitably there have been some<br />

issues since the new arrangements began,<br />

although it’s still too early to say whether<br />

these are all down to the new post-Brexit<br />

landscape, or are being amplified by the<br />

ongoing Covid-19 pandemic restrictions.<br />

Trucks parked at one of the<br />

temporary parks set up in<br />

Kent to accommodate<br />

Dover overflow traffic. Was<br />

this event at the turn of the<br />

year a sign of things to<br />

come, or a one-off?<br />

A few of the challenges we’ve faced so<br />

far include additional paperwork, which<br />

has slowed turn-around times for<br />

shipping arrangements; extra shipping<br />

costs; customs brokers refusing work<br />

because of increased demand; and a<br />

shortage of haulage firms and drivers able,<br />

or willing, to take UK deliveries.<br />

Some of the consequences of the UK/<br />

EU Trade Deal have also affected our<br />

supply chain. One example is around<br />

specific Incoterms, which specify<br />

who is responsible for paying for and<br />

managing the shipment, insurance,<br />

documentation, customs clearance, and<br />

other logistical activities. This has led to a<br />

‘‘<br />

Additional paperwork has<br />

slowed turn-around times...<br />

but we worked closely with<br />

our EU partners and freight<br />

forwarding companies to<br />

refine our processes...<br />

‘‘<br />

substantial amount of paperwork needing<br />

to be carried out by our EU suppliers, at a<br />

time when their resource time is inhibited<br />

by the pandemic.<br />

To work through these issues we have<br />

taken a number of actions, including<br />

working closely with our EU partners and<br />

freight forwarding companies to refine<br />

shipping and customs processes and<br />

continuing our export strategy to focus on<br />

the rest of the world, as well as the EU.<br />

We will also continue to work closely<br />

with the Department of Health & Social<br />

Care (DHSC), which is keen to support our<br />

sector where possible, as well as look to<br />

engage Government directly and through<br />

trade associations such as the <strong>IoD</strong> and the<br />

Chambers of Commerce, to whom I would<br />

encourage all businesses to provide<br />

feedback to.<br />

So to come back to the question, the<br />

majority of the current challenges we face<br />

should be short- to medium-term bumps<br />

in the road that get resolved in time as we<br />

learn to adapt. A longer term fundamental<br />

concern is the new trading arrangement<br />

with Northern Ireland and the issues<br />

around rules of origin, which must be<br />

14<br />

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esolved quickly.<br />

As a business that has exported to more<br />

than 120 countries since our inception in<br />

the 1990s I have seen first-hand the<br />

opportunities which are out there, and the<br />

huge benefits on offer for UK Plc. It’s clear<br />

the new trade deals negotiated by the<br />

Department for International Trade (DIT)<br />

will offer UK businesses a real long-term<br />

advantage, including the potential for the<br />

UK to join trading blocks like the Comprehensive<br />

and Progressive Agreement for<br />

Trans-Pacific Partnership (CPTPP).<br />

So, despite all of the headwinds we face,<br />

there are green shoots ahead and<br />

businesses must bear in mind that Brexit is<br />

a process, rather than a complete package<br />

from day one.<br />

One very useful way to get a personalised<br />

list of actions for your business is through<br />

the Brexit Checker on www.Gov.uk<br />

website, which provides a quick ‘gap<br />

analysis’ of your business activities to help<br />

navigate through the new trading<br />

environment.<br />

In time UK businesses will adapt to the<br />

new arrangements with the EU and begin<br />

to grow into exciting international markets,<br />

which offer huge growth potential for<br />

‘Brand UK’.<br />

It may just be a bit bumpy along the way.<br />

DIT targets exports growth<br />

The Department<br />

for International<br />

Trade (DIT) has<br />

launched a new<br />

campaign to help<br />

UK agriculture and food & drink<br />

companies to take advantage of new<br />

trade deals and explore new market<br />

opportunities overseas.<br />

There is a huge demand for quality and<br />

premium British food and drink produce<br />

around the world, with growing<br />

opportunities across emerging markets<br />

for products including meat, seafood,<br />

alcohol, spirits and dairy.<br />

Overall, the UK’s agriculture, food and<br />

drink industry represents one of the UK’s<br />

vital manufacturing industries, with the<br />

agri-food sector contributing £120 billion<br />

to the UK economy in 2018 alone and<br />

supporting around four million jobs. In<br />

2019, nearly 8,000 businesses in the<br />

agricultural and food industries exported<br />

their goods, supporting the jobs of over<br />

500,000 employees up and down the UK,<br />

demonstrating the value of trade.<br />

The Government has so far negotiated<br />

trade deals covering 64 countries plus the<br />

EU – to cover £889 billion of trade - and is<br />

looking to build a network from the<br />

Atlantic to the Pacific.<br />

And with new trade deals being<br />

finalised globally, there is a huge<br />

opportunity for British agriculture, food<br />

and drink businesses – of all sizes, and<br />

from all regions of the UK – to grow.<br />

To increase the number of businesses<br />

looking to exploit this huge export<br />

opportunity, the DIT is offering bespoke<br />

exporting advice and support.<br />

Whether it is Welsh lamb to Qatar and<br />

the UAE, Cornish clotted cream to Japan<br />

or a growing demand in the USA for the<br />

drinks industry, there are opportunities<br />

everywhere.<br />

In March last year, access to the US was<br />

granted for UK beef exporters for the first<br />

time in 20 years, with the industry<br />

estimating beef exports to be worth £66<br />

million over the next five years. In the<br />

last 10 years cheese exports have more<br />

than doubled to the UAE, demonstrating<br />

the appetite for UK dairy products across<br />

the Gulf, as well as Japan and across<br />

south east Asia.<br />

For more information, visit gov.uk/<br />

grow-by-exporting to learn how you can<br />

tap into new opportunities abroad.<br />

www.iod.com/westmids/events<br />

15


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Technical briefing — Big data<br />

It’s the era of big data, and with claims that ‘data is the new oil’*, what is<br />

the value of data analytics to today’s directors and leaders, and how can<br />

they navigate this complex world and derive sustained competitive<br />

advantage? Graham Harrison, <strong>IoD</strong> Member and Ambassador for Digital<br />

for the Greater Lincolnshire & Rutland Branch, explores this fascinating<br />

subject and reaches some surprising conclusions about the continuing<br />

role that directors and leaders play in this brave new world.<br />

Having the data helps – but so<br />

does asking the right questions<br />

What are the benefits to firms<br />

leveraging data analytics?<br />

It’s worth beginning by asking whether<br />

firms that leverage data analytics have<br />

access to a capability that differentiates<br />

them and gives them an edge over their<br />

competitors.<br />

It turns out that there is a wide body of<br />

evidence that confirms that the answer to<br />

this question is “yes”, including a report<br />

from Wegener & Sinha showing that firms<br />

using data analytics are twice as likely to<br />

be top-quartile financial performers, while<br />

another from McKinsey & Company<br />

showed that data-analytic firms increase<br />

their earnings before tax by 20 per cent<br />

compared with those who did not.<br />

Beyond these two examples there is a<br />

wide body of research and evidence<br />

supporting the view that embracing data<br />

analytics will improve business outcomes<br />

and deliver competitive advantage.<br />

But what are the strategic benefits?<br />

There is a traditional view that firms<br />

* Intro quote courtesy of Clive Humby<br />

16<br />

with good data analytics maturity start<br />

every meeting by reviewing the corporate<br />

data dashboard, with every decision<br />

maker having immediate access to reams<br />

of spreadsheets detailing the minutiae of<br />

company performance.<br />

There may be some truth in that but at a<br />

higher level directors and leaders of firms<br />

that have a mature data analytics<br />

capability know how to ask and answer<br />

the right questions giving them unique<br />

insight and an ability to make the right<br />

decisions to drive company performance.<br />

Victor Kiam famously “liked the shaver<br />

so much, he bought the company” – in his<br />

case, shaver maker Remington – but in<br />

hindsight this decision was an example of<br />

something called “substitution”, a famous<br />

psychological effect that has ramifications<br />

for data-driven firms.<br />

There are many questions that should<br />

be asked during a corporate acquisition<br />

but in asking the question “by how much<br />

is Remington company stock undervalued?”<br />

Victor appears to have answered<br />

the question “how much do I personally<br />

like just one of its products?”.<br />

The substitution effect can be addressed<br />

in data analytics firms simply by seeking<br />

the data and information that will inform<br />

the decision. In the Remington example it<br />

is likely the main data required would have<br />

been on historical stock market<br />

performance and sales trends, not a single<br />

sample product survey, and this would<br />

have led to correctly answering the right<br />

questions relating to the acquisition<br />

decision.<br />

As well as avoiding substituting a<br />

different question to the one being asked,<br />

data analytic directors and firms are far<br />

more likely to frame the right question in<br />

the first place.<br />

During the ‘Cola Wars’ one of the two<br />

leading firms produced a new, attractive<br />

glass bottle and raced ahead of its main<br />

competitor in terms of sales. The<br />

competitor swiftly formed a task force to<br />

www.iod.com/emidlandsevents


design and produce its own even more<br />

attractive bottle to win customers back.<br />

Having failed in this task the team<br />

stepped back from the problem to ask,<br />

“what is the right question?” and “what<br />

data do we need?”.<br />

It turns out the right question was “how<br />

do we sell more cola?”; the right data<br />

related to customer needs and the answer<br />

was to develop the plain old two-litre<br />

plastic bottle which led to increased sales<br />

and profits.<br />

This is a classic example of framing the<br />

right question and data analytic directors<br />

and firms are much more likely to be<br />

aware of this and to frame business<br />

challenges in a way that improves their<br />

outcomes.<br />

Data vs. Intuition<br />

In ‘Thinking Fast and Slow’ , Nobel Prize<br />

winner Daniel Kahneman puts forward<br />

many arguments against purely intuitive<br />

decisions and makes a strong case for<br />

using data analytics to augment, inform<br />

and support important business decisions.<br />

Roger Federer can hit a forehand in<br />

tennis intuitively; he doesn’t have to think<br />

about the stroke or process any thoughts<br />

before or during the task, it just happens<br />

automatically. However, Roger can<br />

execute 1,000s of shot-related decisions<br />

quickly and get instant, accurate feedback<br />

as to whether he has got it right or wrong.<br />

Now consider an advanced business<br />

decision like a corporate merger. It is likely<br />

that directors will make a handful of<br />

decisions of this magnitude during their<br />

careers and even then, the feedback<br />

indicating success or failure will not be<br />

known for many years.<br />

The first example is a good fit for<br />

intuition, the second example requires<br />

that intuition be combined with accurate,<br />

consistent, timely and applicable data to<br />

triangulate and verify the thoughts and<br />

views of the leadership team.<br />

Data analytics does not mean that the<br />

intuition of directors and leaders should<br />

be ignored or is unimportant, but it does<br />

provide an invaluable way to check it and,<br />

if the two views do not triangulate, to ask<br />

searching questions about which view is<br />

right.<br />

What role is left for directors<br />

and leaders?<br />

With evidence that data-savvy<br />

companies significantly outperform the<br />

data ‘have-nots’ and research<br />

demonstrating that intuitive decision<br />

making is flawed, what role is there for<br />

directors and decision makers, and could<br />

managers ultimately be completely<br />

replaced by artificial intelligence algorithms?<br />

Not only would such an approach raise<br />

serious morale and ethical concerns but<br />

the available evidence strongly suggests<br />

that not only do directors and leaders have<br />

a role to play but that their role is critically<br />

important in deriving business value from<br />

data analytics.<br />

My very favourite data science<br />

quotation is by Dr Mike Schmoker who<br />

said: “Things get done only if the data we<br />

gather can inform and inspire those in a<br />

‘‘<br />

We can have the top data<br />

but all of that comes to nought<br />

if leaders and managers do not<br />

use it to influence and inform<br />

critical business decisions<br />

‘‘<br />

position to make a difference”.<br />

My interpretation of this famous data<br />

quotation is that we can have the top data<br />

scientists, the most accurate, timely and<br />

consistent data, the most visually stunning<br />

graphs and charts, and the very best<br />

machine learning models, but all of that is<br />

for nought if leaders and managers do not<br />

use them to influence and inform critical<br />

business decisions.<br />

In data jargon there are three types of<br />

data analytics:<br />

• Descriptive Analytics looks backwards<br />

in time at things that have already<br />

happened and captures them in graphs,<br />

charts and reports.<br />

• Predictive Analytics uses historical<br />

data and statistical techniques to make<br />

predictions about what is likely to happen<br />

The ‘VRIO’ framework<br />

in the future.<br />

• Prescriptive Analytics takes the<br />

outputs and outcomes of the first two and<br />

applies them to commercial decision<br />

making to drive and optimise business<br />

outcomes.<br />

Prescriptive analytics is the most<br />

important step because without it those<br />

complex and clever descriptive and<br />

predictive models will sit on the shelf and<br />

will not have any impact on business<br />

outcomes.<br />

To achieve the benefits that have been<br />

highlighted, including top quartile<br />

financial performance and 20 per cent<br />

earning increases, directors and leaders<br />

must be fully engaged, know what<br />

questions to ask the data experts and then<br />

use the insight generated by data analytics<br />

to inform high quality decisions and this<br />

will be the subject of a future article.<br />

Conclusions<br />

We have explored what benefits can<br />

accrue to companies that acquire a<br />

mature data analytics capability, what the<br />

strategic benefits are, how data complements<br />

and augments intuitive decision making<br />

and how directors and leaders play a<br />

critical role in translating all that potential<br />

into realised business benefits.<br />

The ‘VRIO’ framework suggests that a<br />

business capability must be valuable, rare,<br />

costly for its competitors to imitate and<br />

that the firm must be organised to capture<br />

value from it, and that if these things hold<br />

true a firm will realise sustained<br />

competitive advantage.<br />

If directors can influence their firms to<br />

obtain and grow a data analytics capability<br />

that passes these four tests then there is a<br />

significant opportunity to achieve<br />

sustained competitive advantage – and<br />

then maybe data really will be the new oil.<br />

www.iod.com/westmids/events<br />

17


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Technical briefing: Energy and 5G<br />

Buyer beware: there are sharks<br />

in the energy market<br />

Is your business looking to sign<br />

off on a new energy contract?<br />

Before you do, read this<br />

cautionary tale, as told to the<br />

<strong>IoD</strong> by Liam Conway, Head of<br />

Business Development at<br />

Control Energy Costs.<br />

A number of businesses have complained<br />

that they have been mis-sold energy<br />

contracts. Unfortunately, due to lack of<br />

regulation within the industry, it is very<br />

much a case of buyer beware.<br />

This example concerns a member of <strong>IoD</strong><br />

West <strong>Midlands</strong>. We are unable to name the<br />

company, but the FD was keen for the story<br />

to be shared and to ensure others did not<br />

fall foul of such blatant mis-selling and<br />

misrepresentation. The FD of the business<br />

would also be happy to talk this through on<br />

an <strong>IoD</strong> webinar session with other directors.<br />

Liam met with the finance director of the<br />

business which operates a single site heavy<br />

manufacturing facility in the Black Country<br />

and spends in the region of £500,000 pa on<br />

energy.<br />

The FD expressed concern at the recent<br />

energy invoices they had received, which<br />

were significantly different to those that<br />

had been ‘sold’ to them. Although this was<br />

arranged before the FD’s tenure, the<br />

company was keen to explore what had<br />

gone wrong as the impact to them in terms<br />

of budget was significant.<br />

Liam uncovered that this business had<br />

been mis-sold a pass-through contract by<br />

an energy broker.<br />

The business had been approached by<br />

this energy broker who proceeded to send<br />

them numerous letters of authority (LOAs)<br />

to sign. Letters of authority are legal<br />

documents that enable a third party to act<br />

on your behalf.<br />

The letter of authority, once signed, gave<br />

the broker the ability to sign contracts on<br />

their behalf and extend them multiple<br />

times.<br />

Pass-through contracts<br />

A pass-through contract is one that<br />

covers just the energy element of the bill.<br />

This typically only accounts for around 40%<br />

of charges, with the additional<br />

transportation, distribution, taxes, and<br />

levies all passed through at cost.<br />

Any proposal you are given based on a<br />

pass-through contract might represent<br />

good face value, but it is only covering a<br />

percentage of the total you will need to pay;<br />

you need to understand the consequences<br />

fully.<br />

There is nothing wrong with a passthrough<br />

contract, however, unscrupulous<br />

energy brokers use them as a way of hiding<br />

increased commissions within the unit rate.<br />

Significant increase in energy costs<br />

In this case, the business had unwittingly<br />

signed a pass-through energy-only contract<br />

and, due to hidden commission within that<br />

proposal, saw significant increases in<br />

energy costs.<br />

The broker in question refused to disclose<br />

the amount of commission that had been<br />

built into the contract. The broker also<br />

continually extended the contracts by six<br />

months as soon as the opportunity arose,<br />

and the chosen supplier allowed them to do<br />

so. This was done again to maximise their<br />

gain, not in the best interest of the client.<br />

The energy broker has a fiduciary<br />

obligation to act in the client’s interest this<br />

is a typical example where they are lining<br />

their own pockets rather than providing<br />

worthy advice to the client.<br />

Hidden commission<br />

To put some context to this, the broker<br />

had hidden circa £100,000 per annum of<br />

commission across both electricity and gas.<br />

They extended all contracts to five years, so<br />

took virtually £500,000 in hidden<br />

commissions over the contract term.<br />

As the business had been misrepresented<br />

at the point of signing the contract, they<br />

only became aware of this when the<br />

contract started. We were clearly able to<br />

demonstrate to them the likely commission<br />

built in by showing where the market was<br />

when they signed, versus the rates secured.<br />

This is broadly 20% of the business’s<br />

energy costs going straight to the broker!<br />

It would vary depending on the services<br />

provided, however, a fair and transparent<br />

broker would likely earn 2- 5% of energy<br />

costs.<br />

Conclusion<br />

While by their own admission the<br />

business should have been more aware of<br />

the ‘salesmanship’, this example is a £40m<br />

t/o business so not lacking in commercial<br />

awareness. The point being if they can be<br />

‘hoodwinked’, anyone can, as the energy<br />

brokers in question are slick in their<br />

operations.<br />

We are keen to highlight the issues and<br />

while we would love nothing more than to<br />

name and shame a number of the larger<br />

prolific offenders, it’s difficult to do so<br />

publicly, so our approach is to educate as<br />

many businesses as possible so they don’t<br />

18<br />

www.iod.com/emidlandsevents


fall foul of the tactics.<br />

KEY QUESTIONS TO ASK<br />

If you are approached by an energy<br />

broker, ask the following questions:<br />

Are their fees transparent?<br />

The vast majority of energy brokers will<br />

be earning a commission that is built into<br />

the supplier proposal they are<br />

recommending you accept. If their fees are<br />

truly transparent, you should know what<br />

that rate is. There is no such thing as a free<br />

service although there are many energy<br />

brokers who will market themselves on this<br />

basis.<br />

Do they offer good value for money?<br />

A good energy broker will have a<br />

document that explains what services they<br />

are providing. Think about these services<br />

in the context of the commission they are<br />

earning and consider whether it is<br />

appropriate to the support they provide.<br />

Research who works for them and what<br />

relevant experience their key people can<br />

offer. Lots have energy experience, but<br />

relatively few have the expertise to deliver<br />

specialist tasks your business may require.<br />

If they are earning a reasonable<br />

commission, at the very least you should<br />

have a dedicated point of contact and<br />

access to a variety of reporting functions.<br />

How much commission have they<br />

earnt from me in the past 12 months?<br />

If you are working with an energy broker<br />

who is completely transparent about their<br />

fees, ask them and they should be happy to<br />

tell you. Alternatively, ask them to confirm<br />

the annual consumption (in kWh) across<br />

your portfolio and their commission rate so<br />

that you can work it out for yourself.<br />

The figure may surprise you.<br />

Do they do anything other than<br />

contract renewals?<br />

A good energy broker should be<br />

providing a holistic service looking at all<br />

aspects of your energy and water<br />

expenditure and any energy-related matter<br />

and leave you feeling confident that you<br />

are in safe hands. If that is not the case,<br />

something is wrong.<br />

When did you last benchmark your<br />

arrangements?<br />

In running a business, you will have lots<br />

of priorities and it is often easier just to<br />

leave things as they are. Not looking at<br />

alternatives could be costing you more<br />

than you think.<br />

You can talk to Liam about this and<br />

other energy matters on 01737 556631<br />

or see cec.uk.com.<br />

5PRING and Ferrovial<br />

challenge innovators to<br />

help lead 5G revolution<br />

5PRING – the consortium delivering the<br />

UK’s first 5G commercial application<br />

accelerators – has partnered with leading<br />

global infrastructure operator Ferrovial<br />

to launch a new challenge for innovative<br />

start-ups and small businesses to shape<br />

the future of the construction sector.<br />

With construction output in the UK<br />

valued at more than £110 billion,<br />

accounting for 7% of GDP and employing<br />

around 10 million people, the sector is<br />

well positioned to benefit from the<br />

impact of deploying 5G solutions to<br />

increase efficiency and optimise<br />

processes such as asset monitoring, as<br />

well as reducing costs and emissions.<br />

The Future of Construction challenge<br />

will provide start-ups and other small<br />

businesses with support in developing<br />

and scaling innovations targeted at the<br />

construction sector which harness the<br />

power of 5G to create a safe, dynamic<br />

and efficient construction industry, with<br />

a specific focus on:<br />

• Health & Safety and security<br />

• Logistics and site operations<br />

Applicants with 5G-enabled solutions<br />

which leverage augmented reality,<br />

computer vision, IoT, artificial<br />

intelligence and machine learning, and<br />

robotics, and are still relevant to the<br />

construction sector, are also encouraged<br />

to apply.<br />

The Future of Construction challenge<br />

offers successful companies access to<br />

cutting-edge technology via a private 5G<br />

network, a tailored acceleration<br />

programme, as well as coaching,<br />

mentoring and expertise provided by<br />

experts from Ferrovial and the 5pring<br />

consortium partners Telefonica UK (O2),<br />

Deloitte, Wayra and Digital Catapult.<br />

Javier Vaca de Osma, technology and<br />

processes director at Ferrovial<br />

Construction, said: “5prinG will give<br />

Ferrovial the opportunity to explore 5G<br />

potential to leverage innovation for our<br />

businesses by accessing a new ecosystem<br />

of startups and disruptive solutions.<br />

“With this partnership we are looking<br />

to foster the digitisation of our<br />

construction sites integrating, through<br />

5G, technologies such as augmented<br />

reality, edge computing or IoT systems to<br />

boost efficiencies while ensuring the<br />

safety of our working environments.<br />

5prinG will allow us to identify and test<br />

cutting-edge solutions on a real test-bed<br />

of innovation.”<br />

Last year, West <strong>Midlands</strong> 5G (WM5G)<br />

and partners O2, Deloitte, Digital<br />

Catapult and Wayra announced the<br />

launch of the UK’s first commercial<br />

accelerators – 5PRING – to develop the<br />

first region-wide 5G testbed.<br />

Robert Franks, Managing Director at<br />

WM5G, said: “It is through partnerships<br />

such as those that 5PRING is developing<br />

that we will truly be able to understand<br />

the real potential that 5G has to<br />

revolutionise the UK’s major industries.<br />

The guidance and expert advice that our<br />

5PRING teams can provide both virtually<br />

and through our dedicated Accelerator<br />

hubs in Coventry, Wolverhampton and<br />

Birmingham are leading the way.<br />

“Ferrovial’s decades of experience will<br />

be vital in helping to shape and guide the<br />

innovative solutions that we are hoping<br />

to see delivered through this programme,<br />

transforming their ambitions into<br />

reality.”<br />

Applications for the accelerator are<br />

now open and should be submitted by<br />

midnight on the May 14, 2021.<br />

Successful applicants will start working<br />

with 5PRING from July 5, 2021.<br />

For participation in the Incubator,<br />

registration should be submitted by the<br />

May 7, ready to start on the May 10.<br />

A series of engagement events will<br />

run throughout the 5PRING<br />

programme known as Engage,<br />

Explore and Exploit.<br />

For more information, visit:<br />

https://5pring.org/<br />

www.iod.com/westmids/events<br />

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Technical briefing – Productivity<br />

Improving productivity –<br />

how partnering with a<br />

University can unlock<br />

funding and innovation<br />

Businesses are facing more challenges<br />

than ever because of the impacts of<br />

Covid-19 and Brexit, with a need to<br />

regularly assess their performance, be<br />

dynamic and remain competitive. All are<br />

key to promoting business growth,<br />

profitability and sustainability.<br />

Productivity is one of the key drivers of<br />

economic growth and prosperity. As a<br />

region, the East <strong>Midlands</strong> is<br />

underperforming in this metric when<br />

compared to the national average.<br />

To tackle low productivity in the local<br />

area and to drive business growth,<br />

Nottingham Trent University (NTU) is<br />

working in partnership with the University<br />

of Nottingham and the University of<br />

Derby to deliver the Productivity through<br />

Innovation (PtI) programme, which is<br />

part-funded by the European Regional<br />

Development Fund (ERDF).<br />

The programme gives SMEs in<br />

Nottinghamshire and Derbyshire access<br />

to a free business ‘health check’.<br />

Conducted by experts at NTU, this service<br />

evaluates business performance, enabling<br />

business leaders to make informed strategic<br />

decisions on how to move forward.<br />

Participating businesses receive a tailored<br />

package of funded support, including<br />

access to a grant to fund a graduate’s salary.<br />

They also benefit from resources, academic<br />

and technical expertise and facilities that<br />

they would not ordinarily have access to.<br />

The University then provides tailored,<br />

innovative and sustainable productivity<br />

solutions, the simplest of which often have<br />

the biggest impact.<br />

The programme is open to SMEs in<br />

Nottinghamshire and Derbyshire. To date,<br />

NTU has successfully supported<br />

businesses in industries such as<br />

manufacturing, architecture, life sciences,<br />

engineering, pharmaceutical, IT and food<br />

and drink.<br />

One recent example of the programme<br />

in action saw NTU partner with local<br />

businesses needing to develop their<br />

supply chains in the wake of the effects of<br />

Brexit and the Covid-19 pandemic.<br />

In response, industry experts from the<br />

world-renowned Nottingham Business<br />

School (NBS) – part of NTU – successfully<br />

delivered a series of online supply chain<br />

workshops, empowering businesses to<br />

critically assess their existing supply chains,<br />

identify areas to review and develop, and<br />

decide on new measures to introduce.<br />

FSG Tableware Ltd, importers and<br />

innovators of food service products with a<br />

focus on reusable and healthcare adapted<br />

dinnerware, was just one of the<br />

companies that attended our workshops.<br />

Managing Director Lynn Johnson told<br />

us: “We found the supply chain strategy<br />

support provided by NTU academic Jayne<br />

Adams (pictured right) to be invaluable.<br />

We worked together to develop a<br />

toolkit giving an in-depth analysis<br />

of supplier relationships, costs,<br />

quality, and risk mitigation, which<br />

I will continue to use and update<br />

on a quarterly basis.<br />

“This process has given me more<br />

confidence to engage with suppliers to<br />

discuss pricing and ensure sustainable<br />

practices are adhered to, both of which<br />

are important to my vision and values as a<br />

business.”<br />

Rob Johnson, lead NBS lecturer on<br />

supply chains (and former Global<br />

Purchasing Director at Jaguar Land<br />

Rover) (pictured right), said: “When<br />

businesses are looking at their<br />

strategies and priorities for the<br />

post-pandemic world, no matter<br />

what size they are, or whether they<br />

sell goods or services, it’s well worth<br />

thinking about the supply chain.”<br />

We are facing an uncertain future, and<br />

supply chains around the world are under<br />

pressure. How are you managing in these<br />

turbulent times? What is involved in<br />

adopting a more strategic approach with<br />

your suppliers, and how will this benefit<br />

your company?<br />

NTU plans to run a supply chain<br />

workshop again in June 2021.<br />

Other consultancy support the University<br />

has provided includes marketing strategy<br />

and brand development; the introduction of<br />

production planning and control systems;<br />

software development and strategy; value<br />

stream mapping; product research,<br />

development and testing; process mapping,<br />

and more.<br />

Director Ben Thompson from sports PR<br />

agency and sector specialist Macesport is<br />

impressed by the consultancy support<br />

he received from NTU. “Complex<br />

problem solving requires expertise<br />

from a wide variety of specialist<br />

areas,” he said. “To be able to call<br />

on the help of Nigel King [NTU’s<br />

Senior Lecturer in Computing and<br />

IT, with 25 years’ experience as a<br />

Tech Executive in Silicon Valley] and the<br />

wider PtI support has been invaluable to<br />

keep driving the business forward and<br />

future-proofing ourselves.<br />

“It’s vital to be able to surround yourself<br />

with experts who are able to dissect the<br />

challenge quicky and not only<br />

understand the technical challenge,<br />

but also the business goal, and the<br />

team have been incredible from<br />

taking a concept to delivery.”<br />

Want to know more?<br />

If you have a business challenge<br />

you want to address, we’d love to hear<br />

from you. Email PTIadmin@ntu.ac.uk<br />

or visit www.ntu.ac.uk/pti if you’d like to<br />

apply or find out more.<br />

20<br />

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<strong>IoD</strong> Mastermind Groups<br />

The perfect environment to develop<br />

and challenge: <strong>IoD</strong> Masterminds<br />

The <strong>IoD</strong>’s Mastermind groups are unique<br />

sessions that give directors and senior<br />

business leaders the chance to discuss the<br />

key issues and challenges they face in an<br />

open, constructive and confidential<br />

environment.<br />

Mastermind groups originated in the<br />

West <strong>Midlands</strong> and are a combination of<br />

brainstorming, education, peer<br />

accountability and support, a unique<br />

advisory panel of trusted, experienced<br />

businesspeople you can bounce ideas off.<br />

For many members, these meetings can<br />

act as a surrogate board meeting,<br />

particularly for those who run their own<br />

business or who are part of an SME<br />

without non-executives sitting with them<br />

on their boards.<br />

Each group is made up of directors from<br />

non-competing industries, combining<br />

SMEs and larger businesses.<br />

They meet once a month for dinner to<br />

discuss any topic that a member brings<br />

forth. Topics have varied from employee<br />

relations, directors’ duties, hot topics in<br />

business, whether to expand the<br />

company, and work-life balance. Topics<br />

for meetings are often tied to <strong>IoD</strong> CPD<br />

topics that are being run at the time.<br />

East <strong>Midlands</strong><br />

In the East <strong>Midlands</strong> region, we<br />

currently have four Mastermind groups –<br />

Leicester, Nottingham, Lincoln and<br />

Derby. At present all are run via Zoom but<br />

we hope to return to face-to-face sessions<br />

at some point later this year.<br />

The Leicester Mastermind group is<br />

facilitated by John Tucker. It is held on the<br />

third Tuesday of every month.<br />

The Nottingham group is facilitated<br />

by Carole Harvey.<br />

The Derby group is<br />

facilitated by Andy Leask.<br />

The Lincoln Mastermind<br />

group is facilitated by John<br />

Hebblethwaite.<br />

It is hoped that venues<br />

will be confirmed as soon as<br />

possible once face-to-face<br />

meetings are allowed.<br />

If you wish to be a part of an East<br />

<strong>Midlands</strong> Mastermind group, please send<br />

a short biograpy to cari.grice@iod.com.<br />

These groups<br />

are strictly member<br />

only and before joining<br />

every member must<br />

submit a short biography,<br />

to ensure there are no<br />

competing<br />

organisations.<br />

West <strong>Midlands</strong><br />

The West <strong>Midlands</strong> is currently running<br />

three Mastermind Groups, in<br />

Birmingham, the Black Country and<br />

Worcester & the Marches. Each one is led<br />

by an experienced and respected <strong>IoD</strong><br />

member, who facilitates the session.<br />

Ian Priest is the facilitator of the Black<br />

Country Mastermind; Michael Donaldson<br />

is the facilitator of the Worcester & the<br />

Marches group; and Glenn Cameron is<br />

the facilitator of the Greater<br />

Birmingham Mastermind. The<br />

first two groups meet monthly;<br />

Birmingham meets fortnightly.<br />

Michael Donaldson said the<br />

groups, “have an ethos of<br />

sharing collective knowledge,<br />

experience and expertise to<br />

address the issues, challenges<br />

and opportunities members bring<br />

to the table... no rapid-fire questions<br />

and solutions from people I don’t know,<br />

who don’t know me. It’s a relaxed, friendly<br />

atmosphere that helps build respect and<br />

trust.”<br />

In addition to these groups, a number<br />

of dormant groups plan to resume their<br />

activities in 2021. For a listing of the active<br />

groups, <strong>IoD</strong> members can submit an<br />

application of interest via the <strong>IoD</strong> website,<br />

or for further information please contact<br />

Sophie.Breeden@iod.com<br />

What members say about<br />

Mastermind Groups<br />

‘‘<br />

I have been attending <strong>IoD</strong> Mastermind events for<br />

a couple of years now. I find them really excellent<br />

in a couple of ways. For those participants that<br />

have a problem that they want advice on, it is a<br />

confidential forum, with uninvolved but intelligent,<br />

experienced people from different backgrounds<br />

and with different skillsets who can often<br />

provide a helpful new perspective on the<br />

problem. For others, it is an excellent way to<br />

develop meaningful business relationships as<br />

it provides scope to hear a new contact’s<br />

views on a range of topics, which is a<br />

great way to get to know people ...<br />

Alexander May, Mastermind group<br />

member, West <strong>Midlands</strong><br />

‘‘<br />

22<br />

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Director development<br />

<strong>IoD</strong>: Helping you improve as a director<br />

The <strong>IoD</strong> Professional Director<br />

Series is now available online<br />

free of charge to members<br />

To help you understand your role as a<br />

director, and future-proof your board and<br />

organisation, the <strong>IoD</strong> has developed the<br />

Professional Director Series to be<br />

delivered virtually – bringing accessible<br />

and digestible CPD straight to you.<br />

The whole series is mapped to the <strong>IoD</strong><br />

Director Competency Framework, keeping<br />

your learning relevant, up-to-date and in<br />

line with your professional development<br />

ambitions. Whether you’re embarking on<br />

the Certificate in Company Direction or<br />

are a qualified Chartered Director, this<br />

CPD series is the perfect accompaniment<br />

– or refresher – to your existing knowledge.<br />

You’ll be part of a group of leaders from<br />

organisations of all shapes and sizes from<br />

across our regions and nations, allowing<br />

you to connect, learn from each other,<br />

share your setbacks and successes, and<br />

encourage each other at the most senior<br />

level during these difficult times.<br />

Our Professional Director Series is now<br />

available complimentary to all full <strong>IoD</strong><br />

members including CDir and F<strong>IoD</strong>.<br />

Find out more at https://www.iod.<br />

com/training/professional-directorseries<br />

Forthcoming sessions<br />

Leading from<br />

the Chair<br />

Course Dates: April 28, June 23,<br />

September 15 and November 10<br />

Times: 10am-12 noon<br />

Location: <strong>IoD</strong> Virtual Development,<br />

Virtual Classroom<br />

Cost: Members, CDir, F<strong>IoD</strong>, Free<br />

Non-members: £100 + VAT<br />

The role of the Chair in an organisation is<br />

often misunderstood and regularly<br />

becomes confused with the role of the CEO.<br />

It is far more than managing the process<br />

of board meeting execution. Analysis of<br />

successful organisations shows that the<br />

leadership role of the Chair is vital in order<br />

to ensure that the board as a team makes<br />

decisions and discharges its duties<br />

effectively. This session will clarify the<br />

Chair’s leadership role in order to unleash<br />

the value creating potential of the board.<br />

Delegates will be able to:<br />

• Outline the purpose of the Chair<br />

• Describe the skills, attributes and<br />

characteristics of an effective Chair<br />

• Identify how the Chair can add value<br />

both in and out of the boardroom<br />

With special thanks to our Leading from<br />

the Chair sponsor for 2021 - OnBoard by<br />

Passageways. OnBoard is a comprehensive<br />

and secure board management software<br />

that helps you govern more effectively.<br />

More details, contact the<br />

Event manager:<br />

t: 0208 142 9066<br />

e: professional dev@iod.com<br />

24<br />

Strategic Decision Making<br />

Date: May 27<br />

Time: 9am-11am<br />

Location: <strong>IoD</strong> Virtual Development,<br />

Virtual Classroom<br />

Cost: Members, CDir, F<strong>IoD</strong>: Free<br />

Non-members: £100 + VAT<br />

This workshop will equip delegates with<br />

ways of strengthening their strategic<br />

decision-making ability, with insights into<br />

the ingredients of effective strategic<br />

decision-making and practical solutions to<br />

the main challenges.<br />

Having completed this session, delegates<br />

should be able to:<br />

• Identify the ingredients of and challenges<br />

around effective strategic decision-making<br />

• Apply techniques to strengthen the<br />

quality of strategic decisions<br />

Event manager:<br />

<strong>IoD</strong> Professional Development<br />

t: 020 7766 2601<br />

e: professional dev@iod.com<br />

Company purpose and ESG<br />

– driving long-term value<br />

Date: August 5<br />

Time: 9am-11am<br />

Location: <strong>IoD</strong> Virtual Development,<br />

Virtual Classroom<br />

Cost: Members, CDir, F<strong>IoD</strong>: Free<br />

Non-members: £100 + VAT<br />

This workshop explores how meaningful<br />

purpose statements at the heart of an<br />

organisation’s business model bring<br />

benefits and drive long-term value creation.<br />

It also examines what influences<br />

stakeholder demand and introduces<br />

different reporting and disclosure<br />

frameworks that will help organisations<br />

report and communicate their ESG<br />

credentials effectively to their stakeholders.<br />

Event manager:<br />

<strong>IoD</strong> Professional Development<br />

t: 020 7766 2601<br />

e: professional dev@iod.com<br />

www.iod.com/emidlandsevents


Want to know more about<br />

<strong>IoD</strong> training and director<br />

development<br />

programmes ?<br />

Our training team are here to<br />

answer your questions.<br />

Call us:<br />

020 7766 2601<br />

or email<br />

developing@iod.com<br />

<strong>IoD</strong> Certificate in Company Direction<br />

Whether you’re a newly appointed director,<br />

aspiring to a seat on the board, or want to<br />

improve performance with fresh insight,<br />

the <strong>IoD</strong> Certificate in Company Direction,<br />

Level 9 (SCQF) qualification will equip you<br />

with the core knowledge and awareness<br />

needed to function effectively as a director.<br />

The programme covers the key areas of<br />

governance, finance, strategy and<br />

leadership providing you with a foundation<br />

in effective directorship:<br />

n An in-depth view of the role,<br />

responsibilities and legal duties of a director<br />

n An understanding of the characteristics<br />

of an effective board<br />

n Sound knowledge of financial terms<br />

and concepts<br />

n The issues and processes associated<br />

with formulating strategic business plans<br />

and achieving strategic leadership<br />

n Enriched peer learning with directors<br />

across the globe<br />

n A qualification that is respected<br />

world-wide and sits as an equivalent to<br />

degree level<br />

Take advantage of a range of flexible<br />

routes to qualification available across the<br />

UK, featuring a blend of digital and<br />

interactive virtual learning tailored to your<br />

level of experience, prior qualifications,<br />

career aspirations and learning style.<br />

Find out more at https://www.iod.com/<br />

training/qualifications/certificate<br />

Award in Role of<br />

the Director and<br />

the Board<br />

Understand your duties and<br />

legal responsibilities as a<br />

director and examine the<br />

board’s role in corporate<br />

governance.<br />

Two-day course<br />

Next dates:<br />

April 26-27<br />

April 28-29<br />

May 6-7<br />

May 20-21<br />

June 7-8<br />

June 24-25<br />

Cost: Member: £2,475 + VAT<br />

Non-Member: £2,975 + VAT<br />

For more details and to<br />

book, click on the logo<br />

Award in Finance<br />

for Non-Finance<br />

Directors<br />

Get the skills required to<br />

evaluate the director’s role and<br />

responsibilities in relation to<br />

finance, and the relationship<br />

between financial and<br />

corporate strategies.<br />

Three-day course<br />

Next dates:<br />

April 21-23<br />

April 28-30<br />

May 5-7<br />

May 24-26<br />

June 7-9<br />

June 21-23<br />

Member: £2,745 + VAT<br />

Non-Member: £3,300 + VAT<br />

For more details and to<br />

book, click on the logo<br />

Award in Strategy<br />

for Directors<br />

Get the knowledge and skills<br />

required to create, implement<br />

and evaluate your<br />

organisation’s strategy and<br />

lead the strategic process.<br />

Three-day course<br />

Next dates:<br />

April 22-24<br />

April 26-28<br />

May 12-14<br />

June 7-9<br />

June 23-25<br />

Member: £2,745 + VAT<br />

Non-Member: £3,300 + VAT<br />

For more details and to<br />

book, click on the logo<br />

Award in<br />

Leadership for<br />

Directors<br />

Brush up on the latest<br />

leadership techniques from<br />

real world leaders and learn<br />

how to create influence,<br />

engagement and impact.<br />

Two-day course<br />

Next dates:<br />

April 22-23<br />

April 17-18<br />

June 3-4<br />

June 14-15<br />

Member: £2,475 + VAT<br />

Non-Member: £2,975 + VAT<br />

For more details and to<br />

book, click on the logo<br />

www.iod.com/westmids/events<br />

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Director development<br />

Accelerated Certificate in Company Direction:<br />

The <strong>IoD</strong> pathway to business success<br />

Business pressures can make it difficult to<br />

take time out to focus on personal and<br />

professional development. But the <strong>IoD</strong><br />

has a course that lets you take control of<br />

your professional development and<br />

become a Certified Director with this<br />

intensive fast track residential designed<br />

specifically for the time-poor leader.<br />

Using a blend of online and face-to-face<br />

learning, the <strong>IoD</strong> Accelerated Certificate in<br />

Company Direction offers directors the<br />

same expert training and knowledge<br />

available through our traditional<br />

approach, but requiring only five<br />

consecutive days away from the demands<br />

of your business.<br />

This fast-track residential programme<br />

provides you with fresh insights into the<br />

key areas of strategy, leadership,<br />

governance and finance, thus covering the<br />

subjects of the Certificate in Company<br />

Direction modules:<br />

n Role of the Director and the Board<br />

n Finance for Non-Finance Directors<br />

n Strategy for Directors<br />

n Leadership for Directors<br />

Why attend?<br />

n Achieve the <strong>IoD</strong> Certificate in<br />

Company Direction in a flexible way<br />

n Share experiences with your peers in<br />

an environment conducive to intensive<br />

learning<br />

n Minimise the amount of time spent<br />

away from the office<br />

n Learn from leading industry<br />

professionals whose talent and ability has<br />

been proven in the marketplace<br />

n Available for individual directors as<br />

well as groups of directors from the same<br />

organisation<br />

Who will benefit?<br />

n Busy directors who cannot take too<br />

much time away from the demands of<br />

their business and who are looking for a<br />

fast track method of achieving the<br />

certificate in company direction<br />

n Overseas directors who are looking to<br />

complete the full programme.<br />

n Leaders who want to bring specific<br />

competences and credibility to their<br />

businesses<br />

Those who wish to gain further<br />

qualifications will be able to progress to<br />

the Diploma in Company Direction and to<br />

Chartered Director status.<br />

To find out more about the Accelerated<br />

Certificate in Company Direction and to<br />

book your place(s), speak to the<br />

Professional Development team on<br />

020 7766 2601 or via email to<br />

developing@iod.com<br />

FUTURE COURSE DATES<br />

Woodlands Park Hotel,<br />

Surrey, <strong>IoD</strong> South<br />

May 23 - 28<br />

June 13 - 18<br />

July 04 - 09<br />

September 19 - 24<br />

November 07 - 12<br />

Fawsley Hall Hotel & Spa,<br />

Northamptonshire,<br />

<strong>IoD</strong> East <strong>Midlands</strong><br />

August 22 - 27<br />

October 17 - 22<br />

November 28 - December 03<br />

Ettington Park Hotel,<br />

Warwickshire, <strong>IoD</strong> West <strong>Midlands</strong><br />

December 05 - 10<br />

The Mere Golf Resort & Spa,<br />

Knutsford, <strong>IoD</strong> North West<br />

July 18 - 23<br />

Prices: Member: £9,775 + VAT;<br />

Non-member: £11,875 + VAT<br />

Prices are inclusive of course<br />

materials, five nights<br />

accommodation including<br />

breakfast and group meals.<br />

FIND OUT MORE:<br />

https://www.iod.com/training/<br />

qualifications/acceleratedcertificate-in-company-direction<br />

The Role of the Non-Executive Director course<br />

Phil Webster, Pragmatiks Consulting Limited<br />

I had been thinking about developing a portfolio career for a while when I came across the <strong>IoD</strong>’s<br />

‘Role of the Non-Executive Director’ one-day course. The course aims were to provide insight<br />

into the roles and attributes of a NED, to help understand how to find suitable NED roles and<br />

to provide delegates with the knowledge and skills needed to prepare for being a NED​.<br />

For obvious reasons, the course was run ‘virtually’ and the course started with<br />

introductions and a run through of the agenda. What then followed was a combination<br />

of case studies which we discussed in smaller break-out groups and then as a group;<br />

sharing of real-life experiences and examples and Q&A sessions in breakout rooms<br />

with an experienced portfolio NED and a head-hunter. A hamper of cheese and<br />

biscuits was provided to enjoy during the networking session at the end of the course.<br />

I​f you are unsure about the legal implications of being a NED and how to best<br />

position yourself for success, I would strongly recommend attending the course.<br />

E: ​phil@pragmatiksconsulting.co.uk T: 07816 906039<br />

Find out more at https://www.iod.com/training/open-courses/role-of-thenon-executive-director<br />

www.iod.com/emidlandsevents


Your Brexit contract checklist<br />

Christopher Buck, Associate Partner & Corporate Solicitor at Franklins<br />

Solicitors LLP, considers how Brexit might affect your commercial<br />

contracts and what measures you can take to protect your position<br />

On December 30, 2020, the UK Government<br />

and the European Commission signed the<br />

EU–UK Trade and Co-operation<br />

Agreement (TCA) which now governs<br />

the trade relationship between the UK and<br />

the EU following the end of the transition<br />

period on 1 January 2021.<br />

The following checklist sets out some of<br />

the key provisions of a commercial<br />

contract that will need to be considered.<br />

Definitions<br />

The UK is no longer an EU country and<br />

so references to the EU or the European<br />

Economic Area (EEA) will not include the<br />

UK. To define a territory, references to the<br />

EU or EEA will need to expressly state that<br />

this includes or excludes the UK. Another<br />

option would be to list each individual<br />

jurisdiction separately.<br />

References to EU Law<br />

The TCA is an international treaty.<br />

Retained EU law is EU legislation up to 31<br />

December 2020 and which will continue<br />

to apply in the UK. References to EU law<br />

should to be amended to ‘Retained EU<br />

law’ or EU law which forms part of UK<br />

domestic legislation.<br />

Tariffs and Quotas<br />

There will be no import tariffs or other<br />

customs duties or quotas on imports of<br />

UK-origin goods into the EU or EU-origin<br />

goods into the UK. The TCA contains<br />

rules of origin which outline the criteria to<br />

determine a product’s origin. Potential<br />

issues may arise in relation to products<br />

made in the UK or the EU, but which use<br />

materials from outside the UK or the EU.<br />

GDPR and Data Protection<br />

EU GDPR has been incorporated into<br />

UK data protection law. Data transfers<br />

from the UK to the EEA are not restricted.<br />

The EU has agreed to delay transfer<br />

restrictions from the EEA to the UK for a<br />

period of time. Therefore, businesses can<br />

continue to transfer personal data from<br />

the EEA to the UK during this period.<br />

Termination / Suspension Events<br />

The end of the transition period may<br />

create financial hardship and uncertainty<br />

for a business, making performance of a<br />

contract difficult or impossible. The<br />

possible Brexit impacts include: increased<br />

risk of insolvency for some businesses; a<br />

contract is no longer needed due to Brexit;<br />

and unpredictable market conditions. It is<br />

unlikely that these situations will be<br />

covered by a general force majeure clause.<br />

Consider including express clauses into a<br />

contract to include:<br />

• termination on shorter notice;<br />

• a right to terminate for convenience;<br />

or<br />

• link termination rights to performance<br />

factors, for example service levels/KPIs.<br />

Change Control<br />

Change control or variation procedures<br />

refer to clauses which govern how and in<br />

what circumstances a contract may be<br />

varied or amended. The possible<br />

consequences of Brexit are that current<br />

contractual obligations become<br />

unenforceable or that there are increased<br />

costs to ensure compliance with<br />

contractual obligations due to changes in<br />

the law. Incorporate clauses into contracts<br />

to allow changes to be made to the<br />

contract to ensure compliance with<br />

changes to the law and include provisions<br />

to regulate how the cost of any changes<br />

will be met, for example, pricing adjustments.<br />

Consents and Permissions<br />

New consents, permissions or licences<br />

may be needed to supply goods or provide<br />

services under a contract. For example,<br />

there will be a need for export and import<br />

declarations and other administration for<br />

cross-border trade. It will need to be made<br />

clear in the contract which party is<br />

responsible for obtaining and filing any<br />

additional documentation. There may<br />

also be a requirement for product<br />

conformity assessments to ascertain<br />

whether a product can be sold in both the<br />

EU and UK.<br />

TUPE<br />

The Transfer of Undertakings<br />

(Protection of Employment) Regulations<br />

2006 (SI 2006/246) (TUPE 2006)<br />

implements EU law. However, the impact<br />

of Brexit on TUPE is likely to be limited<br />

given that TUPE is a widely used<br />

mechanism in the UK.<br />

Governing Law and Jurisdiction<br />

UK contract law is largely unaffected by<br />

Brexit. Nevertheless, it is still important to<br />

incorporate a clause that states the<br />

contract is governed by the exclusive<br />

jurisdiction of the courts of England and<br />

Wales.<br />

For advice on your commercial<br />

contracts, contact Christopher<br />

Buck, Associate Partner & Corporate<br />

Solicitor on 01908 660966 or<br />

email him at christopher.buck@<br />

franklins-sols.co.uk.<br />

www.iod.com/westmids/events<br />

27


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

<strong>IoD</strong> <strong>Midlands</strong> Structure, Ambassadors and Committees<br />

Your <strong>IoD</strong> in the <strong>Midlands</strong><br />

The <strong>IoD</strong> across the <strong>Midlands</strong> has reorganised its structure<br />

to better reflect regional priorities and improve members’<br />

identification with their local branch.<br />

The move towards a more localised structure mirrors<br />

central government experience with the creation of Local<br />

Enterprise Partnerships (LEPs).<br />

In the West <strong>Midlands</strong>, the four branches are:<br />

<strong>IoD</strong> Greater Birmingham<br />

<strong>IoD</strong> Coventry & Warwickshire<br />

<strong>IoD</strong> Worcester & the Marches<br />

<strong>IoD</strong> Black Country & Staffordshire<br />

In the East <strong>Midlands</strong>, the three branches are:<br />

<strong>IoD</strong> Leicestershire & South<br />

<strong>IoD</strong> Greater Lincolnshire & Rutland<br />

<strong>IoD</strong> Derbyshire & Nottinghamshire<br />

Each branch is run by a volunteer committee, headed by<br />

an experienced Chair.<br />

In addition, we have created Ambassador roles to act as a<br />

focal point for key issues, under the headings:<br />

Comms/Events/Membership Ambassador – a PR, media<br />

and marketing expert who will help us better CONNECT<br />

with members<br />

Chartered Director Ambassador – a Chartered Director<br />

who will support members to DEVELOP their skills as<br />

directors<br />

Governance and Policy Ambassador – a well-connected<br />

member who will manage branch governance, connect<br />

members and enable them to INFLUENCE the national<br />

agenda<br />

Over the next five pages we will introduce you to some of<br />

the <strong>IoD</strong> members in these roles, and signpost<br />

opportunities for you to get involved with the <strong>IoD</strong> team<br />

and make more out of your membership.<br />

Each issue of <strong>IoD</strong> <strong>Midlands</strong> will include a focus on selected regional ambasadors/committee members<br />

<strong>IoD</strong> East <strong>Midlands</strong><br />

Regional Chair: Gary Headland<br />

Regional Ambassadors<br />

Dr Craig Marsh<br />

Skills & Education<br />

Carole Harvey<br />

Diversity and Inclusion<br />

Andy Leask CDir Chartered Director &<br />

Professional Development<br />

James Pinchbeck Policy and Governance<br />

Peter Watson<br />

PR & Communications<br />

Clive Bridge CDir Manufacturing and Engineering<br />

We are actively recruiting for these<br />

Ambassador roles in the East <strong>Midlands</strong>.<br />

Greater Lincolnshire & Rutland<br />

Chartered Director and Professional<br />

Development Branch Ambassador<br />

Leicestershire & South East <strong>Midlands</strong><br />

Chartered Director and Professional<br />

Development Branch Ambassador<br />

Derbyshire & Nottinghamshire<br />

Policy and Governance Branch Ambassador<br />

If you are interested to know more, contact<br />

Cari Grice at cari.grice@iod.com<br />

Andy Leask<br />

Andy’s professional life is shared between the<br />

engineering consultancy he co-founded in 1984 and<br />

a ground improvement business, both based in<br />

Derby. He achieved Chartered Director in 2007 and<br />

sees the qualification as the Gold Standard to which<br />

all directors should aspire.<br />

He is passionate about improving the competence of directors,<br />

particularly in the construction sector, where the reputation of the<br />

industry has been damaged by several high profile failures and<br />

poorly considered director rewards.<br />

James Pinchbeck<br />

James Pinchbeck is Marketing Partner with mid-tier,<br />

top 40 UK accountancy and tax practice Streets<br />

Chartered Accountants, and is principally<br />

concerned with the company’s marketing, growth<br />

and development.<br />

A Fellow of the <strong>IoD</strong>, James has a broad interest in education and<br />

enterprise and is a non-executive director of the regional enterprise<br />

agency NBV Enterprise Solutions Ltd. He is Chair of Lincoln<br />

College of Further Education, Board of Corporation and is also<br />

Chair of the University of Lincoln International Business School<br />

Advisory Board.<br />

Craig Marsh<br />

Craig has 32 years’ experience in the field of<br />

management learning and development, as a<br />

teacher, consultant, researcher, and senior manager.<br />

After graduating from Oxford University in 1987,<br />

Craig joined the RAF as a pilot; he then spent the early<br />

part of his career in Organisation Development, working on HR<br />

transformation projects in BP and Marconi, where he acquired a<br />

particular interest in the performance and development of<br />

operational leaders. This expertise he then developed into his own<br />

consulting business, designing and delivering leadership<br />

development, change management, culture change and strategic<br />

change projects to public and private sector clients across the UK.<br />

28<br />

www.iod.com/emidlandsevents


Derbyshire and Nottinghamshire<br />

Paul Eele<br />

Vice Chair and Interim Chair,<br />

Branch Ambassador,<br />

Skills and Education<br />

Stacey Green Diversity and Inclusion<br />

Julie Pomeroy Chartered Director and<br />

Professional Development<br />

Greg Simpson Marketing and Communications<br />

John Jennings Employee and Business Engagement<br />

Lindsey Newman-Wood<br />

Innovation & Creativity<br />

Phil Webster Business Improvement<br />

Peter Wingrove Mental Health & Wellbeing<br />

Sam Kirk<br />

Young<br />

Paul Eeles<br />

Paul has over 33 years’ experience in the post-16<br />

skills sector, including seven years as a lecturer and<br />

13 years leading work-based learning within colleges<br />

and independent providers. During that time, he has<br />

set up and led an independent apprenticeship training<br />

provider business. For the past nearly two decades, he has been on<br />

the senior teams of all the key membership bodies across the<br />

further education and skills sector, representing apprenticeship<br />

providers and colleges to government and their agencies.<br />

Peter Wingrove<br />

Peter started his career as an executive recruitment<br />

consultant before returning to South Africa in the<br />

early 2000s to set up Southacre Consulting, a<br />

boutique marketing services firm consulting to<br />

several large clients for several years. He then joined<br />

Walmart subsidiary Massmart where he gained<br />

extensive retail management experience.<br />

Having experienced mental health issues within his family, Peter<br />

has a deep understanding of how debilitating this can be and is a<br />

staunch advocate for early intervention. In 2019 he was head-hunted<br />

to lead Shawmind, a young charity on a mission to ensure that<br />

everyone has access to mental health & wellbeing support when<br />

they need it.<br />

Julie Pomeroy<br />

Julie is an experienced finance director of quoted<br />

and private companies. She was director of<br />

corporate finance at East <strong>Midlands</strong> Electricity plc<br />

and had a key role in two main list flotations and also<br />

led a reverse onto AIM. For the the last 10 years Julie<br />

has been Group Finance Director of Dillistone Group Plc, an<br />

Aim listed company specialising in recruitment related software.<br />

Julie also spent eight years as a non-executive director of<br />

Nottingham University Hospitals NHS Trust. She holds the<br />

Chartered Director qualification.<br />

Stacey Green<br />

Stacey is the co-founder of Freedom Foundation<br />

CIC and the TIRED Movement (Trying to Improve<br />

Racial Equality in the Dance industry). She is also<br />

the Principal of Freedom Dance & Performance in<br />

Nottingham. With over 25 years of experience working<br />

within the performing arts industry teaching children and young<br />

people, Stacey has a passion and drive to improve equality and<br />

inclusion within businesses and organisations and works<br />

extensively in schools across the East <strong>Midlands</strong> to improve mental<br />

health and wellbeing.<br />

LEICESTERSHIRE & SOUTH-EAST MIDLANDS AND WEST MIDLANDS - SEE PAGE 30<br />

Greater Lincolnshire & Rutland<br />

Michelle Allison Vice Chair<br />

Louise Malcolmson Skills and Education<br />

Emma Olivier-Townrow Diversity and Inclusion<br />

Richard Wills<br />

Policy and Governance<br />

Kate Strawson<br />

Marketing/Communications*<br />

* Currently on maternity leave;<br />

Emma Van Nieuwenhuijzen covering<br />

John Hebblethwaite Financial Planning and<br />

Wealth Management<br />

David Thompson Professional Services and Finance<br />

Tom Marsden<br />

Defence and Vice Chair<br />

Mike Simpson<br />

Health<br />

Graham Harrison Digital<br />

Craig Topley<br />

Construction and Engineering<br />

Kerrin Wilson QPM Co-opted Branch Ambassador<br />

Policing and Criminal Justice<br />

Tom Marsden<br />

Tom is an experienced senior leader with 25<br />

years’ experience in leading high performing<br />

teams, delivering tasks in the most challenging<br />

environments, including national and local<br />

government.<br />

Roles as strategic planner with both international coalition<br />

and cross-Whitehall experience required deft communication<br />

skills, complex stakeholder management and policy<br />

compliant decision making, skills which readily translate to a<br />

fast-paced business environment.<br />

Louise Malcomson<br />

Louise is an experienced education<br />

professional with a passion for developing the<br />

skills of young people and adults.<br />

She is an ambitious and committed senior leader<br />

accountable for providing clear and consistent leadership<br />

within education and skills to ensure a high level of quality in<br />

the delivery of educational programmes across all phases of<br />

learning. She has extensive experience in Quality Assurance,<br />

Teaching, Learning and Assessment and a strong knowledge<br />

and understanding of the educational landscape.<br />

Mike Simpson<br />

Michael Simpson is the Ambassador for Health<br />

for the Lincolnshire & Rutland Branch and<br />

over the past 19 months has been the<br />

Associate Director for Strategic Development<br />

and the lead Director for the Urgent and<br />

Emergency Care Capital Reconfiguration Programme at<br />

Northern Lincolnshire & Goole NHS Foundation Trust.<br />

Kate Strawson<br />

As one of the co-founders of Shooting Star,<br />

Kate has worked on many of the agency’s key<br />

accounts over the past 13 years including<br />

<strong>Midlands</strong> Enterprise Universities and the<br />

Greater Lincolnshire LEP. A qualified journalist<br />

who has worked in print and broadcast as well as in public<br />

and private sector PR, Kate completed her degree in<br />

Journalism at the University of Lincoln in 2001 and worked in<br />

PR for bespoke kitchen manufacturer Scottwood of<br />

Nottingham and as a journalist at Lincs FM Group before<br />

returning to the University of Lincoln as press officer in 2005.<br />

www.iod.com/westmids/events<br />

29


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

<strong>IoD</strong> <strong>Midlands</strong> Structure, Ambassadors and Committees<br />

Your <strong>IoD</strong> in the <strong>Midlands</strong><br />

<strong>IoD</strong> East <strong>Midlands</strong> continued<br />

Leicestershire and South East <strong>Midlands</strong><br />

Sarah Canning<br />

Shamir Ghumra<br />

Gareth Thomas<br />

Rhiannon Stafford<br />

Craig Bentley<br />

Nicola Moss<br />

Mark Eydman<br />

Kyra Williams<br />

Branch Chair<br />

Vice Chair<br />

Skills and Education<br />

Diversity and Inclusion<br />

Policy and Governance<br />

PR & Comms<br />

Employee Engagement<br />

Digital & Creative Ambassador<br />

Sarah Canning<br />

Sarah is an award-winning solicitor and<br />

dual accredited mediator. With over 25<br />

years’ experience in dispute resolution,<br />

Sarah works with corporates and<br />

individuals to achieve their best solution to<br />

a problem.<br />

In addition to her role as Branch Chair,<br />

she is also an External Associate at the<br />

University of Northampton’s Centre of<br />

Sustainable Business Practices.<br />

Shamir Ghumra<br />

As Head of Building<br />

Performance Services at BRE,<br />

Shamir is well connected to<br />

both industry and academia<br />

and his is a hugely respected<br />

voice within industry associations.<br />

Shamir is a former board member and<br />

co-founder of the Supply Chain<br />

Sustainability School and also former<br />

co-chair of the Construction industry<br />

coalition on Modern Slavery.<br />

He plays an active role in standards and<br />

is involved with both European and<br />

International work.<br />

Craig Bentley<br />

Craig is director of Bentley<br />

Management & Consulting, a<br />

small consultancy helping<br />

organisations improve<br />

performance through<br />

building capability and<br />

supporting design and implementation of<br />

improvement programmes.<br />

Craig’s career includes leadership roles in<br />

operations, marketing, and commercial<br />

development, and consulting experience<br />

across numerous sectors including<br />

construction, logistics, education and<br />

financial services.<br />

He is also a mentor and an Enterprise<br />

Advisor.<br />

Nicola Moss<br />

Nicola has many years of<br />

experience in operations<br />

events marketing comms<br />

and PR. Having most recently<br />

supported small businesses<br />

while working for the FSB, she<br />

understands the challenges businesses face<br />

and the role of the membership<br />

organisation in supporting its members by<br />

providing signposting, familiarisation with<br />

new business regulations, compliance,<br />

learning and networking opportunities.<br />

Nicola is proud to be the ambassador for<br />

PR and Comms in the Leicestershire -<br />

Northamptonshire area. Contact her<br />

on 07432 766001 or via nicola@mosssocial.<br />

co.uk if you have stories you feel your fellow<br />

<strong>IoD</strong> members would be interested to hear.<br />

Rhiannon Stafford<br />

Rhiannon is a leadership development<br />

and talent management consultant. Her<br />

career spans over 20 years working in HR,<br />

resourcing and leadership development<br />

roles for large corporate companies.<br />

Now Rhiannon works independently<br />

with organisations who want to grow or<br />

transform, providing bespoke leadership<br />

development programmes, coaching,<br />

personal development and team<br />

effectiveness solutions.<br />

At the heart of her work is a belief that a<br />

diverse and inclusive organisation is<br />

innovative, creative and high performing.<br />

She can be contacted via rhiannon@<br />

bluegrape talent.co.uk<br />

Kyra Williams<br />

Kyra has worked in media<br />

production in various guises<br />

for 25 years, with experience<br />

editing videos for broadcast<br />

TV, music videos and<br />

documentaries. She runs a small<br />

production company and provides a varied<br />

range of media services for a mixture of<br />

SMEs and Corporate businesses.<br />

Kyra frequently works in an advisory<br />

role to support communication goals, often<br />

using multimedia to achieve objectives, and<br />

has taught and run workshops on media<br />

and communication.<br />

She is keen to use her ambassador role to<br />

improve communication with current <strong>IoD</strong><br />

members, particularly in the creative<br />

industries, and find out how ‘leadership’<br />

differs in the creative industries.<br />

Mark Eydman<br />

An <strong>IoD</strong> Member since 2015,<br />

Mark is a passionate<br />

advocate of quality, customer<br />

loyalty and employee<br />

engagement as drivers of<br />

business success. Originally trained as an<br />

engineer, Mark has held operational,<br />

management and leadership posts in<br />

complex international settings and is<br />

especially experienced in commercial<br />

construction. In addition to current<br />

consulting and NED positions, Mark now<br />

lectures at two universities and supports a<br />

quality related apprenticeship scheme.<br />

Gareth Thomas<br />

Following 15+ years working<br />

in public sector roles<br />

managing skills policy<br />

implementation for the<br />

Government, Gareth set up his<br />

own consultancy in 2014. Supported by a<br />

couple of trusted freelance associates, we<br />

advise businesses, training providers and<br />

public sector bodies on skills programme<br />

development and implementation such as<br />

Apprenticeship programmes.<br />

His aim with the <strong>IoD</strong> is to ensure<br />

members are aware of local opportunities<br />

to influence public sector business and<br />

skills investment decisions (such as through<br />

LEPs) and raise awareness of different skills<br />

and employment support opportunities<br />

that are available, as well as raise the profile<br />

of the <strong>IoD</strong>.<br />

30<br />

www.iod.com/emidlandsevents


<strong>IoD</strong> West <strong>Midlands</strong><br />

Coventry & Warwickshire<br />

Dean Kavanagh Branch Chair<br />

Zeynep Turudi Connect: Trade/Export<br />

Paul Fairburn Develop: Education & Skills<br />

Jenny Bettany Diversity & Inclusion<br />

Denise Taylor Connect<br />

TBC<br />

Develop (CDir)<br />

We are actively recruiting for these<br />

Ambassador roles in the West <strong>Midlands</strong>.<br />

Coventry & Warwickshire<br />

Chartered Director Ambassador<br />

Worcester & the Marches<br />

Comms/Events/Membership Ambassador<br />

Chartered Director Ambassador<br />

Greater Birmingham<br />

Policy and Governance Branch Ambassador<br />

Chartered Director Ambassador<br />

If you are interested to know more, contact<br />

Sophie Breeden at sophie.breeden@iod.com<br />

Zeynep Turudi<br />

Zeynep has been an active<br />

member of the <strong>IoD</strong> since<br />

2016, and a committee<br />

member since 2019. She is the<br />

founder & MD of Truede Ltd, a<br />

confectionery company that has been in<br />

business since 2003 and now exports its<br />

products to 20 countries.<br />

A DIT Export Champion, an awardwnning<br />

entrepreneur and an alumni of<br />

Barak Obama’s New Innovation &<br />

Entrepreneurship Program, she sits on the<br />

Advisory Board of Coventry Business<br />

School.<br />

Paul Fairburn<br />

Paul is an experienced<br />

Director of Innovation, with<br />

a background in the<br />

pharmaceutical industry,<br />

healthcare, utilities, and higher<br />

education.<br />

With significant experience of leadership,<br />

organisational change and strategy<br />

implementation, Paul has a deep<br />

understanding of supplier/client<br />

management, building value propositions,<br />

collaborative partnerships, innovation<br />

management, and the development of<br />

large-scale projects.<br />

A member of the Coventry &<br />

Warwickshire Branch Committee since<br />

September 2015, as an <strong>IoD</strong> Ambassador<br />

Paul is looking forward to building on<br />

previous activities in what is a challenging<br />

economic environment, but an exciting<br />

time of change for the <strong>IoD</strong>.<br />

Jenny Bettany<br />

A Chartered Occupational<br />

(Business) Psychologist,<br />

Jenny has worked extensively<br />

with organisations all over<br />

the world to help them bring<br />

out the best in their people and<br />

create positive high performance<br />

environments.<br />

She strongly values diversity and<br />

inclusion and is keen to support the <strong>IoD</strong> to<br />

create an organisation that works for and<br />

embraces all of its members.<br />

Denise Taylor<br />

Denise is a sustainability<br />

practitioner, strategic<br />

marketing specialist, and<br />

educator. Her business, Wylde<br />

Connections Limited, brings<br />

these three professional areas together in a<br />

unique blended approach of consultancy,<br />

learning and communications aimed at<br />

helping clients achieve their business goals.<br />

Denise has been a proactive member of<br />

the <strong>IoD</strong> for the past four years and has<br />

regularly delivered workshops on the<br />

business case for sustainability and writing<br />

compelling winning awards applications.<br />

As the Coventry & Warwickshire branch<br />

communications ambassador, Denise will<br />

be putting her many years’ experience in<br />

marketing communications to good use for<br />

branch members.<br />

Worcester & the Marches<br />

Jo Hodgetts<br />

John Painter<br />

Michael Doolin<br />

Vacancy<br />

Vacancy<br />

Branch Chair<br />

Influence<br />

Diversity & Inclusion<br />

Connect<br />

Develop<br />

John Painter<br />

John Painter has been a Chartered Accountant for<br />

over 40 years. For almost 30 of those years he has<br />

been an equity partner, and was Managing Partner<br />

for 13 years, until he merged the practice with<br />

Haines Watts in 2018. He also developed a business<br />

advisory business with the aid of Mindshop, an Australian<br />

company.<br />

John joined the <strong>IoD</strong> in 2017. He regularly contributes to the<br />

Mastermind groups for both the Black Country and Worcestershire<br />

and the Marches. As Ambassador for Governance and Policy, John<br />

says he hopes to influence the policy of local and national<br />

governments, and is looking forward to rekindling some old<br />

contacts as well as making new ones.<br />

Michael Doolin<br />

Having led global HR Teams within a number of<br />

blue chip companies, across a number of sectors,<br />

Michael’s experience has given him the<br />

opportunity to provide SMEs with flexible access to their own HR<br />

teams.<br />

He has been involved with the <strong>IoD</strong> for a few years and has<br />

thoroughly enjoyed the experience of leveraging from the<br />

experiences of colleagues as well as developing my own<br />

Professional Network.<br />

As the Ambassador for Inclusion and Diversity, Michael says he<br />

is “excited to bring new ways of thinking to the table to help raise<br />

awareness and understanding of key issues and challenges that<br />

employers and their businesses face today.<br />

“I am keen to meet as many of you as possible. ”<br />

See overleaf for Greater Birmingham<br />

and Black Country & Staffordshire<br />

www.iod.com/westmids/events<br />

31


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

<strong>IoD</strong> <strong>Midlands</strong> Structure, Ambassadors and Committees<br />

Your <strong>IoD</strong> in the <strong>Midlands</strong><br />

<strong>IoD</strong> West <strong>Midlands</strong> continued<br />

Black Country & Staffordshire<br />

Ian Priest Branch Chair:<br />

Paul Wood Connect<br />

April Pearson-Myatt Influence<br />

Jackie Casey Diversity & Inclusion<br />

John Phillips Develop:<br />

Education & Skills<br />

Peter Suddock Influence: Tourism<br />

& Visitor Attraction<br />

Richard Bisiker Develop<br />

Roger Fairhead Connect: Staffs & Stoke<br />

Paul Wood<br />

Paul has achieved success as<br />

a business owner, director,<br />

commercial, project and<br />

sales manager, and enjoys<br />

using his experience and skills to<br />

help other business owners achieve their<br />

dreams. He feels that the <strong>IoD</strong> is a perfect<br />

area through which to engage with<br />

directors to pass on his experiences.<br />

April Pearson-Myatt<br />

April is Financial Director<br />

with a difference, combining<br />

financial management skills<br />

with a strong business<br />

acumen. Her career portfolio has<br />

seen her work within the manufacturing,<br />

distribution, aviation, IT, and internal<br />

communications industries. Her particular<br />

passion is for transforming finance<br />

functions through business process<br />

re-engineering.<br />

April sees immense value in the wealth of<br />

knowledge, professional development,<br />

networking and policy influence that the<br />

<strong>IoD</strong> has to offer.<br />

Jackie Casey<br />

An <strong>IoD</strong> member since 2012,<br />

Jackie was the founding<br />

facilitator and Vice Chair of the<br />

<strong>IoD</strong> Women as Leaders<br />

committee. She has over 30 years’<br />

experience of running small businesses,<br />

with a focus on helping business owners<br />

develop, change or realign direction. Jackie<br />

is passionate about equality, diversity and<br />

inclusion.<br />

Richard Bisiker<br />

Richard is a Chartered<br />

Director and Branch<br />

Ambassador of the <strong>IoD</strong>. He<br />

provides guidance and support<br />

on governance and his own director<br />

development programmes, that involve<br />

both board assessment reviews and director<br />

coaching.<br />

Roger Fairhead<br />

After a career spent managing<br />

engineering projects, Roger<br />

switched tracks to speak, train<br />

and coach on leadership. He<br />

published his first book PRIZE<br />

Winning Leadership to describe the<br />

methodology that he uses with clients. He<br />

joined the <strong>IoD</strong> to improve his skills as a<br />

director and to network with other directors<br />

in a similar position.<br />

Dr John Phillips MBE F<strong>IoD</strong><br />

John served as Regional<br />

Director for <strong>IoD</strong> West <strong>Midlands</strong><br />

until retiring in 2016. He<br />

continues to lead the student<br />

mentoring scheme he started 11<br />

years ago at the University of Wolverhampton<br />

and maintains a keen interesting in helping<br />

young people seeking business careers.<br />

Peter Suddock<br />

A varied career path has<br />

enabled Peter to transform<br />

organisations ranging from a<br />

manufacturing business to an<br />

NHS Trust and even a zoo! The <strong>IoD</strong><br />

Regional Director of the Year 2013, Peter’s<br />

role as an ambassador will be to share his<br />

vast experience with others.<br />

Greater Birmingham<br />

Andy Wilkinson<br />

Gary Simpson<br />

Trudi Beswick<br />

Branch Chair<br />

Connect<br />

Diversity &<br />

Inclusion<br />

Paul Hooper-Keeley Develop<br />

Vacancy<br />

Influence<br />

Trudi Beswick<br />

A successful textiles<br />

entrepreneur and projects<br />

director in the private<br />

sector, since 2000 Trudi has<br />

been the driving force at UK charity<br />

Caudwell Children, which has grown<br />

under her leadership from a small local<br />

charity to a national organisation helping<br />

over 50,000 children. She has also become<br />

an influential voice in the voluntary sector.<br />

As a champion for the rights of<br />

disabled children and families and an<br />

ambassador for inclusivity, Trudi sits on<br />

the Board of the Design In Mental Health<br />

Network, the Children’s Activities<br />

Association and the steering committee<br />

for building guidelines at the British<br />

Standards Institute.<br />

Paul Hooper-Keeley<br />

Paul has over 37 years of<br />

experience in the SME<br />

sector, the last 25 at board<br />

level as CFO/Finance<br />

Director, in both plc and<br />

private company environments in<br />

businesses up to £400m turnover.<br />

A member of the <strong>IoD</strong> since 1997, he<br />

qualified as the <strong>IoD</strong>’s 25th Chartered<br />

Director in 2000, is a Chartered Manager<br />

with the CMI and is currently undertaking<br />

the Financial Times Non-Executive<br />

Directors Diploma. He is also a Fellow of<br />

the Chartered Institute of Management<br />

Accountants and was Chairman of CIMA<br />

West <strong>Midlands</strong> from 2014-2018.<br />

Gary Simpson<br />

Gary has been working as a<br />

recruiter across the UK and<br />

EMEA for nearly 30 years,<br />

sourcing candidates for<br />

technical or sales roles at a<br />

mid to senior level. He is also a<br />

qualified coach with the International<br />

Coaching Federation and works with a<br />

number of clients specifically on<br />

performance.<br />

He is a keen networker, a long time <strong>IoD</strong><br />

member and has served on the regional<br />

committee for the past three years, as well<br />

as ran two successful Mastermind groups.<br />

32<br />

www.iod.com/emidlandsevents


Employment law update: host of<br />

changes to rules around payments<br />

April 2021 will see a number of changes to<br />

current UK employment law which will<br />

impact you, your team and your business.<br />

The following areas will see an increase,<br />

effective April 2021:<br />

n National Minimum Wage<br />

n Statutory Redundancy Calculations<br />

n Family Related Pay<br />

n Unfair dismissal compensation<br />

n Statutory Sick Pay<br />

n National Minimum Wage:<br />

Minimum & Living Wage<br />

In November 2020 Chancellor Rishi<br />

Sunak announced that the National Living<br />

Wage would increase to from £8.72 to £8.91<br />

– a 2.2% increase, from April.<br />

The National Living Wage is the highest<br />

band of the National Minimum Wage. The<br />

age threshold for National Living Wage has<br />

been changed. Prior to 1st April 2021 this<br />

level of minimum wage was only for those<br />

aged 25 and over. This changes to apply to<br />

23- and 24-year-old workers.<br />

There are also changes to the National<br />

Minimum Wage, in line with Low Pay<br />

Commission recommendations. Workers<br />

aged 21 to 22 see their national minimum<br />

wage increase from £8.20 to £8.36; those<br />

aged 18 to 20 see it rise from £6.45 to £6.56;<br />

and those aged 16 and 17 see it increase<br />

from £4.55 to £4.62. The rate for<br />

apprentices under 19 or in their first year<br />

of apprenticeship rises to £4.30.<br />

Statutory Redundancy Calculations<br />

New limits of statutory redundancy pay<br />

will come into force from 6th April 2021.<br />

Employers who dismiss employees with<br />

over two years’ service for redundancy<br />

must pay an amount based on the<br />

employee’s weekly pay, length of service<br />

and age.<br />

Half a week’s pay for each full year they<br />

were aged under 22.<br />

One week’s pay for each full year they<br />

were aged 22 or older, but under 41.<br />

One and half week’s pay for each full<br />

year they were aged 41 or older.<br />

Length of service is capped at 20 years.<br />

The weekly pay is the average earned per<br />

week over the 12 weeks before the day they<br />

received the redundancy notice, to a new<br />

maximum of £544 a week.<br />

Family Related Pay<br />

Statutory maternity, paternity, adoption,<br />

shared parental leave and parental<br />

bereavement leave pay have all increased,<br />

to £151.97.<br />

Statutory Maternity Pay (SMP) is paid<br />

for up to 39 weeks. Claimants receive 90%<br />

of average weekly earnings (before tax) for<br />

the first six weeks, followed by the<br />

statutory rate or 90% of your average<br />

weekly earnings (whichever is lower) for<br />

the next 33 weeks. The statutory rate will is<br />

now £151.97.<br />

On Paternity Leave Pay, claimants can<br />

choose to take either one or two weeks, at<br />

£151.97.<br />

Statutory Adoption Pay is paid for up to<br />

39 weeks at the same rate as maternity pay.<br />

Where a child dies before they turn 18,<br />

or if you have a stillbirth after 24 weeks of<br />

pregnancy, employees can claim Parental<br />

Bereavement and take two weeks’ leave<br />

from the first day of your employment for<br />

each child who has died or was stillborn.<br />

This week rate increased to £151.97.<br />

Unfair Dismissal Compensation<br />

The new maximum Compensatory<br />

award for Unfair Dismissal is £89,493.<br />

Statutory Sick Pay (SSP)<br />

The new rate of SSP is £96.35. SSP<br />

payable for up to 28 weeks from the 4th<br />

day of absence. If are in self-isolation<br />

related to the Coronavirus, you will receive<br />

SSP from day one of absence.<br />

IR35<br />

Reforms to the IR35 rules on off-payroll<br />

working in the private sector come into<br />

force on 6th April 2021. This has been<br />

delayed by a year due to the coronavirus<br />

pandemic.<br />

The purpose of the IR35 rules is to aid<br />

the reduction of tax avoidance for<br />

contractors employed via personal service<br />

companies. Under the new rules, the<br />

organisation engaging with a contractor is<br />

responsible for determining their<br />

employment status and assessing whether<br />

IR35 applies. If IR35 does apply the<br />

organisation that pays that individuals fees<br />

are deemed to be their employer for tax<br />

and National Insurance purposes.<br />

Once the organisation has determined<br />

an individual’s classification, it must<br />

provide a status determination statement<br />

to the individual and to the party with<br />

which the organisation has contracted.<br />

For the statement to be valid, the client<br />

must also provide reasons why they have<br />

reached that determination. Employers<br />

should review contracts and put in place<br />

necessary procedures to ensure compliance.<br />

As an employer, you should be ensuring<br />

that your business has updated policies<br />

and pro-formas with the new statutory<br />

amounts and ensure that pay increases for<br />

minimum wage employees have been<br />

processes.<br />

Check whether IR35 applies to you and<br />

your business.<br />

• Clover HR can provide support and<br />

guidance in relation to both the changes<br />

to UK Employment Law and new IR35<br />

rules and ensure you are fully compliant.<br />

See www.cloverhr.co.uk<br />

www.iod.com/westmids/events<br />

33


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

Covid-19: The business response<br />

COVID-19: Returning to work safely<br />

Staying<br />

Covid secure:<br />

HSE advice<br />

– and watch<br />

out for<br />

spot checks<br />

The Health and Safety Executive (HSE) has<br />

issued updated reminders of the rules<br />

around operating in a Covid-secure<br />

fashion – and warned that it is preparing<br />

its inspection teams to carry out spot<br />

checks on business premises to ensure<br />

everyone is following the rules.<br />

The HSE said: As lockdown restrictions<br />

are eased, we will see a host of sectors<br />

re-open over the coming months, but it is<br />

important that we all remain vigilant of<br />

the risks.<br />

April and May will see the return of<br />

non-essential retail, personal care services<br />

and the re-opening of hospitality venues,<br />

most outdoor attractions and settings, and<br />

indoor leisure facilities. This reopening of<br />

the economy creates many challenges<br />

across the UK requiring businesses and<br />

workers to continue to follow new ways of<br />

working.<br />

The Health and Safety Executive has<br />

worked throughout the pandemic to<br />

provide advice and guidance to help<br />

businesses put Covid-secure measures in<br />

place, and reassure their workers,<br />

customers, partners, and community, that<br />

they are managing the risks appropriately.<br />

Being Covid-secure means being<br />

adaptable to current government<br />

guidance, putting measures in place to<br />

control the risk of coronavirus to protect<br />

workers and others. There are a number of<br />

key actions to take to help make your<br />

workplace Covid-secure.<br />

Risk assessment<br />

Every business should have a risk<br />

assessment in place which includes<br />

managing the risks from Covid-19. This<br />

will help you to understand what you<br />

should do to work safely and protect<br />

people.<br />

Social distancing<br />

Where possible workers and visitors<br />

should stay two metres apart, or one<br />

metre if other measures are in place to<br />

reduce the risk.<br />

Cleaning, hygiene and<br />

handwashing<br />

Ask workers and visitors to wash their<br />

hands frequently, and provide hand<br />

sanitising stations for when that isn’t<br />

possible or practical – especially in places<br />

where people will touch the same items<br />

frequently. Increase how often you clean<br />

surfaces, equipment and facilities.<br />

Ventilation<br />

Take simple steps to improve airflow in<br />

enclosed spaces as good ventilation helps<br />

reduce how much virus is in the air.<br />

Talk to workers and provide<br />

information<br />

Consult and involve your staff in the<br />

steps you’re taking to become Covidsecure.<br />

Working from home<br />

If staff can work from home, they<br />

should.<br />

34<br />

www.iod.com/emidlandsevents


Vulnerable workers<br />

Make sure you consider the risk to<br />

workers who are clinically extremely<br />

vulnerable to Covid-19 and put controls in<br />

place to reduce that risk.<br />

These measures will help businesses to<br />

manage the risk of Covid-19, but they will<br />

only work if everyone observes them.<br />

Employers should make sure their workers<br />

know they should always follow these<br />

measures while at work, whether they’re at<br />

their workstation, on a break, or anywhere<br />

else carrying out work activities.<br />

HSE Covid spot checks and<br />

inspections<br />

To minimise the risk of infection in the<br />

workplace, HSE is carrying out spot checks<br />

and inspections to check businesses have<br />

Covid-secure measures in place. This is<br />

done by calling, visiting and inspecting<br />

businesses across all sectors, in all areas, to<br />

check the measures in place are in line with<br />

the current guidance.<br />

During the checks and inspections, HSE<br />

provides advice and guidance to manage<br />

risk and protect workers, customers and<br />

visitors. Where businesses aren’t managing<br />

the risks from coronavirus, HSE will take<br />

action.<br />

Please ensure your workplace is safe<br />

by following the HSE guidance on<br />

being Covid-secure. There are also<br />

guides available on gov.uk for making<br />

workplaces Covid-secure.<br />

Assessing the risk: HSE<br />

offers new insights<br />

Managing Risk: From Assessment<br />

to Control. Bringing your Risk<br />

Assessment to Life<br />

Date: May 25,<br />

Time: 10:30am<br />

Location: Online<br />

The Health & Safety Executive is hosting a<br />

series of free risk management webinars.<br />

Supported by Western Business Media<br />

(WBM), the webinars will help<br />

organisations understand and control<br />

different types of risks in their workplaces.<br />

Effective risk management systems<br />

allow an organisation, large or small, to<br />

meet its legal requirements in protecting<br />

workers by not only identifying risk but<br />

putting in place measures to ensure<br />

adequate risk controls. Too often, risk<br />

assessment becomes a tick-box exercise<br />

but it’s vitally important that the<br />

organisation is mindful of the risks that<br />

are identified and takes ongoing action to<br />

monitor and manage them.<br />

This strong focus on worker health and<br />

safety, in turn, benefits organisational<br />

performance.<br />

This webinar will feature a panel of<br />

experts from HSE including HM Health<br />

and Safety Inspectors, and NEBOSH who<br />

will discuss current guidance and<br />

principles in tackling risk.<br />

We’ll be taking questions during the<br />

webinar and highlighting resources,<br />

products and services that can help you<br />

build a successful risk management<br />

programme that protects employees from<br />

harm.<br />

Read more information and register at<br />

solutions.hse.gov.uk<br />

For further information on spot<br />

checks and inspections visit the HSE<br />

website.<br />

RETURN TO WORK:<br />

What impact has Covid has on<br />

mental health and wellbeing, and<br />

what steps do you need to take to<br />

help your employees?<br />

See our special feature, from pg 36<br />

Covid-19: Support for you and your business<br />

Government Support<br />

Information & Advice<br />

Directors &<br />

Governance<br />

Remote Wellbeing<br />

Learning &<br />

Development<br />

Community Content<br />

All available at<br />

www.iod.com<br />

www.iod.com/westmids/events<br />

35


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

Covid-19: Employee mental wellbeing<br />

The workplace mental<br />

health wake-up call<br />

of a generation<br />

Rob Beswick talks to Tracey<br />

Paxton, managing director of<br />

The Employee Resilience<br />

Company Ltd and winner of<br />

the Start-up category in 2020’s<br />

<strong>IoD</strong> <strong>Midlands</strong> Director of the Year<br />

Awards, about the impact of<br />

Covid-19 on employee mental<br />

wellbeing and its likely legacy<br />

If there is one thing the Covid-19<br />

pandemic has reminded us, it’s the<br />

importance of resilience, because never<br />

before has our ability to take setbacks<br />

been challenged as it has since March 2020.<br />

Indeed, when you consider how many<br />

blows we’ve all taken, from losing family<br />

and friends to long-term ill health, job<br />

losses, furloughs and disruption to many<br />

of the positive aspects in life, it’s a miracle<br />

that the whole of society isn’t on its knees.<br />

It’s a point I put to Tracey Paxton,<br />

Managing Director of The Employee<br />

Resilience Company Ltd (TERC) and an<br />

expert on, among other things, mental<br />

wellbeing in the workplace. “Covid left<br />

no-one untouched. Whether it’s your<br />

health, that of your loved ones, your job,<br />

your children’s education or just your<br />

personal wellbeing and mental health,<br />

we’ve all had something to challenge us.”<br />

What was also striking was the speed<br />

with which the pandemic arrived. “All of a<br />

sudden, it was upon us and we had to<br />

respond at a moment’s notice. It’s no<br />

wonder people’s mental health struggled.”<br />

The Employee Resilience Company Ltd<br />

– perhaps unsurprisingly, given its name –<br />

offers a 360 degree package of mental<br />

health; physical; financial; legal and carer<br />

support that builds resilience and<br />

mindfulness in employees. Its services<br />

include counselling and psychological<br />

support on everything from trauma, stress,<br />

work-life balance, anxiety or any of the<br />

conditions that can affect mental health.<br />

Another unsurprising fact: its workload<br />

has risen sharply over the past 12 months,<br />

36<br />

Tracey Paxton<br />

with her<br />

Director of the<br />

Year award<br />

during which time TERC has dealt with<br />

the full gamut of concerns from its clients.<br />

“Our focus is employee wellbeing,” says<br />

Tracey, “but that definition covers a huge<br />

amount of ground. We offer employees<br />

fast track, targeted support, counselling<br />

and psychological interventions when<br />

they are struggling.”<br />

TERC’s services are accessed through<br />

two of the UK’s best known companies<br />

running workforce health and wellbeing<br />

benefits programmes: BHSF and Vivup.<br />

Both have broad and diverse client bases,<br />

all of whom are united in wanting to offer<br />

their employees a package of benefits that<br />

improve their physical, financial and<br />

mental wellbeing.<br />

Tracey explains how the relationship<br />

works. “Businesses who sign-up to BHSF<br />

or Vivup’s employee benefit packages<br />

have access to TERC’s services. Employees<br />

are signposted to contact us direct when<br />

they have problems with mental wellbeing,<br />

or we take referrals when people are<br />

identified as being in need of support. It’s<br />

a private, confidential counselling service<br />

that offers ‘in the moment support’ to<br />

people going through personal crisis.”<br />

Under Tracey’s leadership TERC has<br />

grown to a core staff of 60 with 587 full<br />

trained counsellors around the country<br />

ready to offer specialist help. “Our<br />

psychological team is a mix of counsellors,<br />

psychotherapists, psychologists,<br />

psychiatrists and mental health educators,<br />

with experts on trauma, stress, mediation<br />

and resilience. Our USP is our ability to<br />

respond promptly: TERC offers a genuine<br />

24-7 service, with fully trained mental<br />

health personnel ready to help as soon as<br />

your employees get in touch.”<br />

This immediacy is crucial, Tracey says.<br />

“If someone is in crisis, being told they can<br />

access mental health support in a few<br />

weeks is no good; they need help there<br />

and then. If one of your employees has a<br />

mental health issue, we can assist and get<br />

them the support they need straight away.<br />

Ours is a comprehensive secondary<br />

mental health support package that<br />

conforms with stringent NHS standards of<br />

clinical excellence.”<br />

It’s support and fast-track access that’s<br />

needed now more than ever; as Tracey<br />

points out: “In 2019-2020, over 828,000<br />

employees are believed to have a workrelated<br />

mental health issue causing stress,<br />

depression or anxiety. Those conditions<br />

led to 17.9 million lost working days every<br />

year – and that was before the pandemic.”<br />

The onset of Covid-19 has created a<br />

huge increase in demand for TERC’s<br />

services. “People were anxious about the<br />

outbreak, were facing feelings of<br />

loneliness caused by self-isolation and<br />

social distancing and struggling to adjust<br />

to new routines.<br />

“A big part of this was coping with the<br />

technology – remote workers told us they<br />

were feeling inadequate at not being able<br />

to use essential IT to communicate, while<br />

at the same time they were juggling caring<br />

responsibilities and worrying about the<br />

financial impacts,” Tracey recalls. “A lot of<br />

www.iod.com/emidlandsevents


‘‘<br />

Our USP is our ability to<br />

respond promptly: TERC<br />

offers a genuine 24-7 service,<br />

with fully trained mental<br />

health personnel ready to<br />

help as soon as your<br />

employees get in touch...<br />

‘‘<br />

the consultations my team handled were a<br />

need to talk through those worries. Calls at<br />

the beginning of the pandemic were<br />

one-offs, and of a short duration.”<br />

The pandemic forced many businesses<br />

to work online with digital contacts, but<br />

for Tracey, that’s business as usual. “We<br />

have always been geared up to provide<br />

services remotely. We have a strong IT<br />

infrastructure in place and excellent<br />

digital outreach. Our counsellors and<br />

therapists are based around the UK, as are<br />

our clients, so it’s always made sense to be<br />

able to reach out to people through secure<br />

online systems. We offer confidential<br />

GDPR compliant single session-use<br />

platforms that people are comfortable<br />

talking to our counsellors through.”<br />

As the pandemic evolved, so did the<br />

nature of TERC’s work. “Once we got over<br />

the initial shock of lockdowns, people’s<br />

needs changed. They became more<br />

nuanced and required more structured<br />

interventions. People were still concerned<br />

about their immediate health but to that<br />

was added worries about mixing with<br />

others again. We also saw calls around<br />

employee perceptions of bullying to get<br />

workloads completed. People reported<br />

feeling ‘burnt out’, stating they couldn’t<br />

achieve any kind of work/life balance.<br />

“There were people worrying about job<br />

security, and asking questions on legal<br />

and financial issues. Others were struggling<br />

to cope with caring responsibilities. It was<br />

incredibly stressful for many.”<br />

Sadly, TERC also handled calls around<br />

domestic abuse, relationship breakdowns<br />

and, tragically, suicidal ideas and self harm.<br />

By the time the second lockdown was in<br />

place in late autumn, cries for help had<br />

shifted again. “By that stage we were<br />

taking calls around grief and bereavement,<br />

particularly where people hadn’t been<br />

able to say goodbye to their loved ones.”<br />

Worryingly for the future, TERC<br />

counsellors were also reporting a huge<br />

increase in clients who had developed<br />

poor coping mechanisms such as OCD,<br />

and there was an increase in clients<br />

reporting alcohol and substance misuse.<br />

Indeed, the areas TERC was asked to<br />

cover became so broad as to appear<br />

all-encompassing. “Parents were calling<br />

for advice on special educational needs<br />

issues for their children. It just gives you<br />

some idea of the weight the world was<br />

carrying. Everything was pressing down<br />

on our clients’ employees; some were<br />

desperate for help.”<br />

She had high praise for the team at<br />

TERC who delivered support “at a level I’d<br />

never anticipated,” admits Tracey. “So<br />

many people worried, anxious, stressed…<br />

but at the same time it was great to be able<br />

to help and support people at a time they<br />

needed it most.”<br />

Other challenges came from clients who<br />

had been furloughed. “Their mental<br />

health was affected by changes in their<br />

financial status and the uncertainty<br />

around their economic future, and that is<br />

completely understandable.”<br />

Her fear is that we’re not out of the<br />

woods yet, either. Yes, the direct threat of<br />

Covid may be receding, but “a lot of<br />

companies are sat on a time bomb,” says<br />

Tracey. “We’ve helped the mental<br />

wellbeing of so many people in the past<br />

year – but there are many more in your<br />

workforces who have carried all that stress<br />

and anxiety without reaching out for help.<br />

Some people are storing up stress and it<br />

will come to a point where they will not be<br />

able to function. They’re in ‘survival<br />

mode’. My hunch is we’re sat on a huge<br />

amount of pressure that will reveal itself in<br />

increased absenteeism and presenteeism<br />

over the next year or so.”<br />

Broadening the conversation, what the<br />

pandemic has shone a light on workplace<br />

culture and mental health, and it’s about<br />

time, Tracey believes. “Businesses need to<br />

take employee mental health seriously.”<br />

“Traditionally, UK businesses haven’t<br />

been good at early interventions when<br />

people struggle. Too often our counsellors<br />

and therapists get involved when<br />

someone has reached a crisis point; what’s<br />

needed is a culture whereby people can<br />

flag up issues, particularly around stress<br />

and anxiety, early; be open and say ‘look,<br />

X is struggling, can we get them some help’.”<br />

She’s concerned about an increase in<br />

‘presenteeism’ – employees coming into<br />

work when they are ill. Increased<br />

presenteeism is associated with rises in<br />

reported common mental health<br />

conditions as well as stress-related<br />

absence, which are the top causes of<br />

long-term sickness absence.<br />

Tracey also stated that ‘leavism’ is an<br />

increasing problem, whereby people are<br />

using annual leave to work as they feel the<br />

need to be visible in the workplace at all<br />

times and to be perceived as constantly<br />

working hard. Continued on page 38<br />

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37


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Covid-19: Employee mental wellbeing<br />

‘The workplace mental health<br />

wake-up call of a generation’<br />

Continued from page 31<br />

Yet while businesses may think offering<br />

support to their teams such as that<br />

available through TERC and BHSF / Vivup<br />

may be a costly extra, Tracey points out<br />

the huge financial benefits it brings. “Put<br />

simply, better mental wellbeing equals<br />

better productivity. Businesses that aren’t<br />

looking after all aspects of their<br />

workforce’s wellbeing are missing a trick.”<br />

This might not be the only mistake the<br />

pandemic has exposed, either. “I have a<br />

lot of worries around how we’re going to<br />

reintegrate people back into the office.<br />

“Employers will have to devote time to<br />

reintegration; it will be a big project. We<br />

have received calls from employees who<br />

feel aggrieved at the money and time they<br />

have spent on commuting to their<br />

workplace when their co-workers have<br />

remained at home.”<br />

“Will people who have been working<br />

from home settle in the office again? Will<br />

there be clashes between those who have<br />

been furloughed, those who worked from<br />

home and those who stayed in the office?<br />

“Bringing your teams back together<br />

might not be easy; even the most united<br />

group may not gel after a year apart. TERC<br />

offers a mediation service to smooth out<br />

differences in your team.”<br />

In such situations, good communication<br />

is vital. “It’s long been recognised as a key<br />

skill of leadership, but communicating well<br />

to your people has never been more<br />

important than it is today,” she says.<br />

“We know people will be worried about<br />

the future landscape of the office and their<br />

confidence will be fragile. The traditional<br />

model of how we work has been blown<br />

away, and it will leave some people very<br />

anxious. They’ll need careful handling; it’s<br />

another area where TERC can help.”<br />

But there are other worries to consider.<br />

“How are your HR people?” Tracey asks.<br />

“One of the things we’ve noticed is just<br />

how hard HR teams have been working<br />

throughout. In many cases they are at the<br />

coalface, dealing with initial staff<br />

problems, relocations, IT resources and<br />

keeping people settled. They have been<br />

under a huge amount of pressure. Are you<br />

looking after them?”<br />

And there is another group that Tracey<br />

feels has been left exposed, too – directors.<br />

“We must support our leaders. Most<br />

directors and senior managers have been<br />

spinning plates like never before; who’s<br />

got their back? They have been at the<br />

forefront of the crisis, carrying an<br />

38<br />

unprecedented workload. No leave, long<br />

hours, always on hand to help their teams,<br />

they are building up a lot of stress. They<br />

need help, too.”<br />

One of TERC’s key offers is help in<br />

building resilience and managing stress<br />

within leadership. “It’s important we start<br />

to do this better,” says Tracey. “Every<br />

business should have stress management<br />

policies. You need to create a culture of<br />

attendance where people go into work<br />

feeling well but know that there is support<br />

when needed. Companies must go above<br />

and beyond what’s expected and invest in<br />

their employees’ mental health.”<br />

‘‘<br />

Better mental wellbeing<br />

equals better productivity...<br />

businesses that aren’t<br />

looking after all aspects of<br />

their workforce’s health are<br />

missing a trick<br />

‘‘<br />

Tracey sees the Covid-19 pandemic as<br />

the “wake-up call for our time”. “Covid<br />

has highlighted how vulnerable many<br />

people are; confidence is at a low ebb and<br />

we’ve never needed to support each other<br />

more than at present.”<br />

So how does Tracey view the recent<br />

media furoré around Goldman Sachs’<br />

alleged 95-hour week, after employees<br />

complained about the company’s<br />

punishing schedules? A weary shake of the<br />

head says everything. “You hear stories<br />

like that and just sigh. It’s so wrong. It’s<br />

unsustainable. You will burn staff out and<br />

lose them. No-one can work at that level<br />

and keep going indefinitely; in the end,<br />

people will crash.<br />

“They’ll either be ill, their performance<br />

will drop off or they will walk away. Either<br />

way, you’ve lost them. And once people<br />

start hearing about that kind of culture,<br />

you’ll struggle to recruit good people to fill<br />

their shoes, too.”<br />

It all goes back to that old-fashioned<br />

phrase of ‘work-life balance’. “In my<br />

training I studied Maslow’s hierarchy of<br />

needs. It’s a theory in psychology<br />

comprising a five-tier model of human<br />

needs, depicted as a pyramid.<br />

“From the bottom up, the needs are:<br />

physiological (food and clothing); safety<br />

(job security); love and belonging needs<br />

(friendship); esteem, and self-actualisation.<br />

The stuff at the bottom – the base – must<br />

be in a place in order for you to become a<br />

more rounded, fulfilled person. Working a<br />

95-hour week cannot give anyone the base<br />

needs – rest, security, safety – that are<br />

required if we’re going to go on and reach<br />

our full potential. Cultures like the one at<br />

Goldman Sachs can’t win.”<br />

If we agree the pandemic taught us<br />

something, it was perhaps the time has<br />

come to take our foot off the accelerator.<br />

“Step back and smell the flowers. Perhaps<br />

literally; during lockdowns we had time to<br />

go for walks, to reconnect with our<br />

families and with nature, and improved<br />

our mindfulness. It’s important we keep<br />

that spirit as we emerge from Covid-19.”<br />

And that philosophy of looking after<br />

mental wellbeing has to start at the top.<br />

“One of the things I always stress to<br />

business leaders is that if they want their<br />

employees to acknowledge when things are<br />

not going well and they need support,<br />

nothing makes that happen more than<br />

when those at the top do it themselves. It’s<br />

all very well thinking you must stay strong<br />

and that weakness isn’t allowed, but that<br />

sends a message to your team that that is<br />

how they have to behave, too. It’s<br />

counterproductive. If directors are seen<br />

looking after themselves and their mental<br />

wellbeing, it sends a powerful message that<br />

everyone should do the same.<br />

“Best analogy for this? Think back to the<br />

last time you were on an airplane, and the<br />

steward demonstrated what happens if<br />

the cabin depressurises.<br />

“The oxygen masks fall from the panel<br />

above. Put yours on; don’t try to help<br />

others around you first, including your<br />

children. You have to look after yourself<br />

first, and only if you are okay, can you look<br />

after those around you.<br />

“It’s the same with mental wellbeing;<br />

look after yours, and it will help you look<br />

after your team’s.”<br />

WANT TO KNOW MORE?<br />

To speak to Tracey about your<br />

employees’ mental wellbeing,<br />

email her at<br />

tracey.paxton@tercltd.co.uk<br />

For more on BHSF see<br />

www.bhsf.co.uk<br />

For more on Vivup see<br />

www.vivupbenefits.co.uk<br />

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39


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Covid-19: Employee mental wellbeing<br />

Covid’s last laugh:<br />

destroying the team<br />

As the threat of Covid-19<br />

recedes, so businesses are<br />

thinking of how they will<br />

return to normal operating.<br />

<strong>IoD</strong> Member Phil Simmons<br />

thinks it could be as<br />

challenging as the initial<br />

response to the pandemic<br />

Covid-19 has changed everything, from<br />

the way we interact, to the way we shop<br />

and socialise, the way the Government<br />

supports the wider economy – and the way<br />

directors run their businesses. Who would<br />

have thought hand sanitiser would be<br />

such a key product?<br />

Every day seems to bring with it a new<br />

challenge, often ones that directors will<br />

not only never have faced before, but will<br />

possibly not even have contemplated.<br />

But now, as we near what we all pray is<br />

the end – or at least, to mangle a famous<br />

Churchillian saying, perhaps the<br />

beginning of the end – directors are being<br />

forced to look again at their operating<br />

practices and the way they lead their<br />

teams, to see what lessons can be learned<br />

from the pandemic and more crucially,<br />

how they can continue to trade successfully<br />

in a post-pandemic landscape.<br />

Top of directors’ priority lists will be<br />

getting their people back to the workplace,<br />

feeling reassured, secure and ready to<br />

work. For some, the return to the office<br />

will be a huge culture shock after 12<br />

months on furlough or working from<br />

home, and a lot of media attention has<br />

been focused on how they will react.<br />

But what of the unsung heroes of the<br />

pandemic – those employees who stayed<br />

in the office throughout and kept the<br />

lights on, but for whom the media<br />

spotlight tends to have missed?<br />

We’re not talking frontline workers here,<br />

rather those people working diligently in<br />

the background in a host of sectors for<br />

whom work from home was never an<br />

option. How will they feel when the work<br />

from homers/furloughed staff arrive back<br />

in the office?<br />

It’s a situation that’s been taxing Phil<br />

Simmons of Simmonsigns, Staffordshire,<br />

recently. His business was in a curious<br />

position from the outset of the pandemic,<br />

as he explains. “My board and I grasped<br />

early that the pandemic was going to have<br />

a huge impact on the UK, as soon we saw<br />

the news coming out of China,” he<br />

explains. “I made sure we understood all<br />

of the Government advice and regulations<br />

from the outset, to see whether our<br />

business had to close.”<br />

His decision was to stay open, with good<br />

reason. “Our manufacturing facility makes<br />

safety equipment for roads. Road<br />

maintenance crews kept going through<br />

‘‘<br />

It will be a huge challenge for<br />

those returning to the office...<br />

they will recognise their<br />

surroundings and the people<br />

in it, but in many ways<br />

everything will have changed<br />

‘‘<br />

the lockdowns to take advantage of the<br />

quiet conditions. As a board we decided<br />

we had a moral imperative to continue<br />

supplying our products to those essential<br />

workers.”<br />

It was a decision backed in April when<br />

the company became aware of open<br />

letters from the Business Secretary and<br />

Minister for Transport, thanking<br />

businesses for ensuring the economy and<br />

essential works continued.<br />

As a result, the majority of Phil’s staff<br />

stayed in post. “We furloughed a few<br />

people, and had some others working<br />

from home, particularly our sales team.<br />

But we kept them focused on the job<br />

throughout, looking at our marketing and<br />

sales strategies.”<br />

So for Phil, the task of reintegrating his<br />

workforce as a united body is one of<br />

getting the handful of outliers back into<br />

the team. “But it will be a huge challenge<br />

for them. They will recognise the office,<br />

and the people in it, but in many ways<br />

everything has changed. The lay out will<br />

be different, where people sit and how<br />

40<br />

www.iod.com/emidlandsevents


Even the<br />

most united<br />

teams<br />

could find it<br />

a challenge<br />

to get back<br />

to normal<br />

once all the<br />

restrictions<br />

are lifted<br />

and we are<br />

back in the<br />

office<br />

together<br />

they interact will have changed. The<br />

‘office rules’ are different. Perhaps more<br />

importantly, roles will have changed.<br />

Those who have continued to work in the<br />

office may have taken on new duties and<br />

there needs to be a sensitive handling of<br />

that situation once the whole team is back<br />

together.”<br />

But Phil thinks that while these are<br />

serious issues to be handled sensitively,<br />

many businesses may be missing an even<br />

bigger problem: how will those who stayed<br />

in post throughout feel as the returnees<br />

arrive?<br />

“The focus in the pandemic has been on<br />

frontline workers – quite rightly – but also,<br />

there’s been huge amount of sympathy for<br />

those forced to stay home. We’re<br />

inundated with comment on how working<br />

from home has been challenging, how<br />

well people have coped.<br />

“But few have asked how those who<br />

kept going to the office feel. They are the<br />

people who ‘kept the lights on’, but there<br />

has been no or little recognition of their<br />

contribution.”<br />

“I worry that those who kept working<br />

through feel over-looked and undervalued.<br />

They will have heard stories of<br />

furloughed staff taking long walks in the<br />

spring, of reconnecting with their families,<br />

of getting on top of household chores or<br />

learning new hobbies and skills. There’s<br />

been nothing like that for the staff who<br />

stayed in post. Will they resent the<br />

returnees? I think there is a good chance<br />

they will.”<br />

Phil thinks some companies could find<br />

themselves with a split workforce: those<br />

returning, for whom the landscape, while<br />

familiar, is very different; and those who<br />

never left, who may resent those returning<br />

and their struggles to get used to the new<br />

ways of operating. “Returnees, for<br />

example, will have to learn a whole new<br />

‘‘<br />

I worry that those who kept<br />

working through feel undervalued<br />

and over-looked.... will<br />

they resent returnees? there is a<br />

good chance some will<br />

‘‘<br />

office culture. Where to sit, how to operate<br />

in the office environment to stay safe and<br />

Covid-free. It’s been hard for everyone to<br />

get used to but now returnees will have to<br />

get up to speed in no time flat, otherwise<br />

those who have stayed-put may become<br />

very dissatisfied or even anxious that<br />

colleagues don’t know the new rules.”<br />

There could be issues too if returnees<br />

haven’t kept ‘match fit’ during their<br />

absence from the office. “Companies may<br />

find some employees returning to be very<br />

different to the people they were prepandemic.<br />

Perhaps they have battled grief,<br />

or the virus, or the isolation of lockdown<br />

was a real bind for them. They could<br />

return without the focus they once had.<br />

How do you get them refocused?”<br />

You may also find workers from both<br />

sides of the divide with less loyalty to your<br />

organisation. “Good people are always in<br />

demand and the essential ties that bind<br />

your team to you could have been<br />

weakened by the lockdown.<br />

“Those who weren’t in the office could<br />

feel their attachment to the company has<br />

been weakened, while those who stayed<br />

may feel their contribution overlooked.<br />

Either way, we could see a lot of people<br />

switching jobs in the next few months and<br />

headhunters could have a field day.”<br />

In short, Phil sees the dynamic as<br />

similar to the one that occurs when<br />

businesses amalgamate or are acquired.<br />

“The period of assimilating businesses, or<br />

integrating working practices across two<br />

companies, can take a long time. It’s said<br />

that a change of culture can take as long as<br />

three years,” Phil points out. “Some firms<br />

could be about to undergo a similar<br />

situation, where it will take them some<br />

time to re-integrate everyone back into<br />

the office smoothly.<br />

“We have come through a very bumpy<br />

time but it’s not over; for many<br />

businesses, very choppy waters could still<br />

be ahead of us.”<br />

The solution, Phil says, is to recognise<br />

that everyone’s contribution has been<br />

significant. “There are too many people<br />

trying to compare contributions; that is<br />

the wrong approach. Everyone is<br />

significant and we should celebrate<br />

everyone’s contribution.<br />

“There will be opportunities to learn<br />

from each other; in looking after all their<br />

people, businesses are more likely to<br />

recover quicker and emerge from the<br />

crisis stronger.“<br />

www.iod.com/westmids/events<br />

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Covid-19: Employee mental wellbeing<br />

Navigating the new normal to<br />

help your business thrive<br />

Simon Garcia of Freedom<br />

Wellbeing Inc offers some<br />

timely advice on the steps<br />

businesses need to take to<br />

improve the home-working<br />

experience for their employees<br />

So, it looks like homeworking is here to stay,<br />

but even after a year in this situation,<br />

organisations and workers are still<br />

struggling with the adjustment. It’s a<br />

situation that isn’t likely to settle down for a<br />

while either, as a reintroduction to officelife<br />

will be thrown into the mix in the<br />

coming months.<br />

With the imposed homeworking<br />

situation, organisations, whether pro<br />

agile-working or very much against, were<br />

left to “suck it and see”. Generally, there has<br />

not been much of an argument against how<br />

well it’s worked overall. To ensure that it<br />

remains a positive development, however,<br />

there needs to be a proactive approach to<br />

workplace wellbeing from both employers<br />

and employees, with equal focus given to<br />

mental and physical health.<br />

Freedom Wellbeing Inc has completed<br />

around a thousand homeworking<br />

assessments during the pandemic. Over the<br />

first six months, the emphasis of discomfort<br />

was on the physical side. A majority of those<br />

assessed had worked from home a day or so<br />

a week pre-pandemic and for that, a dining<br />

table and chair, though not ideal, was<br />

sufficient as a workstation. When suddenly<br />

using it for five days straight,<br />

musculoskeletal disorders kicked in.<br />

But for the six months that followed, the<br />

pendulum swung toward mental health.<br />

The novelty of being home and not forking<br />

out for your annual train ticket had worn<br />

off, the psycho-social impact of no physical<br />

interaction with colleagues, staring at the<br />

same four walls, plus the added stress of<br />

increased restrictions, home-schooling and<br />

Home-working<br />

can induce<br />

stress, which<br />

manifests itself<br />

physically into<br />

muscle tension<br />

through<br />

hunched<br />

shoulders and<br />

stiff neck<br />

where we<br />

resort to our<br />

fight or flight<br />

instinct.<br />

winter weather all piled pressure on our<br />

mental state. Anyone that has experienced<br />

stress will know it manifests into muscle<br />

tension (hunched shoulders, stiff neck),<br />

where we resort to our fight or flight instinct.<br />

Here are five steps for employers to adopt<br />

to help ensure everyone stays physically<br />

healthy, mentally strong and at their most<br />

productive.<br />

• Homeworking assessments are essential<br />

to ensure your staff have everything they<br />

need to perform their role as safely as<br />

possible and remaining productive.<br />

• If you have any form of EAP (Employee<br />

Assist Programme), promote it constantly.<br />

If you do not have an EAP, look into ad-hoc<br />

stress and anxiety counselling.<br />

• Train managers in mental health first<br />

aid, so they can recognise warning signs<br />

within their team.<br />

• Send out a wellbeing survey every six<br />

months to gauge how people are coping<br />

with the new ways of working. This will be<br />

incredibly beneficial for forward planning.<br />

• Initiate shorter video meetings. If you<br />

book 60-minute meetings as standard,<br />

make it mandatory that they are 50<br />

minutes. This will allow for breaks in<br />

between back-to-back sessions.<br />

For support with homeworking<br />

assessments, counselling, MHFA training or<br />

implementing a suitable wellbeing<br />

programme for your organisation, contact<br />

Freedom Wellbeing Inc today.<br />

The psycho-social impact of no physical interaction with<br />

colleagues, staring at the same four walls, plus the added<br />

stress of increased restrictions, home-schooling and<br />

winter weather, all piled pressure on our mental state.<br />

42<br />

‘‘‘‘<br />

Want to know more?<br />

Contact Simon on<br />

0203 560 7287<br />

info@free-well.co.uk<br />

www.free-well.<br />

co.uk/contact<br />

or see the advert<br />

opposite<br />

www.iod.com/emidlandsevents


Working from home comes with enough challenges.<br />

Make your physical and mental health one less thing to<br />

worry about.<br />

Freedom Wellbeing Inc can guide you on achieving the best<br />

possible set-up to suit your needs, space and budget.<br />

With extensive knowledge & experience in all aspects of<br />

Workplace Wellbeing, we are your ‘Work From Home’<br />

experts.<br />

• Back Pain<br />

• Neck Pain<br />

• Joint Pain<br />

• RSI Symptoms<br />

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Get 2021 on a<br />

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Book your Virtual<br />

Homeworking Assessment<br />

with Freedom Wellbeing Inc<br />

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discount on all assessments<br />

free-well.co.uk


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

<strong>IoD</strong> Events<br />

The <strong>IoD</strong>’s events calendar remains restricted by the ongoing Covid-19 regulations. We are still offering<br />

members free online events, however, including professional development sessions, interviews with highprofile<br />

business leaders and networking opportunities. Details of some of the forthcoming ones can be<br />

found on these pages, with more at www.iod.com. We are hoping to be able to return to face-to-face<br />

events by summer/autumn, and we will have full details of the schedule in the summer issue of <strong>IoD</strong> <strong>Midlands</strong>.<br />

Women as Leaders Convention<br />

‘Inclusivity isn’t just a nice to have,<br />

it’s a must-have’<br />

Date: April 23<br />

Time: 1pm-4pm<br />

Venue: Online<br />

Cost: Free of charge<br />

This event is a continuation of <strong>IoD</strong> East<br />

<strong>Midlands</strong>’ Annual Women as Leaders<br />

Convention. It is a showcase of female<br />

leadership, highlighting the importance of<br />

women being in leadership roles and the<br />

need for increasing women’s presence in<br />

top roles within businesses and on boards.<br />

This year we go beyond gender diversity<br />

and look at diversity as a whole; the<br />

progress made within the workplace and<br />

the gaps that still need to be filled.<br />

Diversity on boards lead to more creative<br />

and varied ideas. As a result organisations<br />

with more diversity in decision making<br />

roles are more likely to build successful<br />

organisations. This convention focuses on<br />

the importance of diversity for encouraging<br />

innovation and growth, bringing speakers<br />

from across the nation with varied<br />

backgrounds and inspirational stories.<br />

We all sit within an organisational<br />

culture whether it is one we create ourselves<br />

in our own businesses or one that we work<br />

in that’s evolved over time. But do we make<br />

proactive decisions to recruit for diversity<br />

and inclusion, understanding that there is<br />

strength in varied viewpoints?<br />

You may be yet to employ someone in<br />

your business or you may already have a<br />

significant workforce so what do you look<br />

for in your team? Do you tend to look for<br />

someone just like you or do you appreciate<br />

that bringing complementary skills and<br />

thought processes builds a stronger<br />

business?<br />

At this convention we want to address the<br />

opportunities a diverse and creative<br />

workforce can bring you and how you can<br />

cultivate that as a leader.<br />

You will hear from speakers with<br />

inspirational stories who have faced<br />

adversity but have also broken through the<br />

diversity glass ceiling and fought for<br />

inclusion.<br />

44<br />

Keynote Speakers<br />

Ruchi Aggarwal, Director of Business<br />

Development at Lincoln International<br />

Business School<br />

Sophie Turner, Founder of #YesSheCan<br />

Sophie is a qualified D&I professional<br />

and coach who founded #YesSheCan, an<br />

organisation that helps women to break<br />

their career glass ceiling and works<br />

alongside progressive businesses to<br />

positively impact diversity & inclusion.<br />

Panel speakers<br />

We will also be joined for our panel<br />

session by:<br />

Mark Esho, Director of Easy Internet<br />

Services; Easy Internet; Dreme.<br />

Mark has overcome disability brought on<br />

by contracting polio as a child to forge a<br />

dazzling business career. His positive,<br />

can-do mindset seen him start a number of<br />

successful businesses, including Easy<br />

Internet Services,Easy Internet Solutions, a<br />

web hosting company, Dreme, a property<br />

investment company and Access Rating, a<br />

Community Interest Company (C.I.C).<br />

Kerrin Wilson QPM, Assistant Chief<br />

Constable Lincolnshire Police<br />

Kerrin has been Assistant Chief Constable<br />

with Lincolnshire Police for more than two<br />

years. Prior to this, she headed Cleveland &<br />

Durham (Police) Special Operations Unit.<br />

She has also worked overseas in a policing<br />

capacity in Iraq, Australia and USA.<br />

Her background includes operational<br />

uniform, CID and specialist roles. Kerrin<br />

has also worked in hostage negotiating<br />

across the world and is a strong advocate<br />

for BAME and women’s aspirations.<br />

Debra Charles, CEO & Founder of<br />

Novacroft<br />

Debra is an expert in integrating people,<br />

processes and technology to help transform<br />

organisations to be fit today to thrive<br />

tomorrow, Debra is passionate about<br />

harnessing technology to make a<br />

meaningful impact on society.<br />

Joe Fitzsimons, Head of Education and<br />

Skills Policy at the <strong>IoD</strong><br />

Joe is passionate about supporting<br />

organisations and their leaders to improve<br />

on these policy areas. In his role he also<br />

seeks to promote higher standards in<br />

education, as well as a skill system that<br />

genuinely prepares people to meet the<br />

needs of the business community.<br />

Event manager:<br />

Ms Cari Grice<br />

T: 0115 857 8170<br />

E: cari.grice@iod.com<br />

Or click here<br />

for details<br />

www.iod.com/emidlandsevents


National <strong>IoD</strong><br />

<strong>IoD</strong> Director General offers national<br />

view at virtual event<br />

Virtual Members Event<br />

Venue: Online<br />

Date: May 7<br />

Time: 12.30-2pm<br />

Cost: Free of charge<br />

• Join us for an exclusive briefing from<br />

<strong>IoD</strong> Director General Jon Geldart (right)<br />

• Join your local chair and ambassadors<br />

to hear about the latest <strong>IoD</strong> benefits<br />

• Build connections with fellow directors.<br />

The <strong>IoD</strong> puts its members first and we<br />

want to make sure that your issues,<br />

challenges and observations are shared as<br />

widely as possible.<br />

With this in mind, we’re delighted to<br />

invite you to our Virtual Members Event<br />

on May 7, which will feature a live address<br />

from the Director General.<br />

Jon will highlight the <strong>IoD</strong>’s new strategy<br />

and outline how the Institute is<br />

fighting for greater support for<br />

you, our members.<br />

After Jon’s update, guests will<br />

join their local <strong>IoD</strong> chairs and<br />

ambassadors in breakout rooms<br />

to discuss the business agenda,<br />

hear about the latest <strong>IoD</strong> member<br />

benefits and expand their network of<br />

connections in a relaxed, virtual<br />

environment.<br />

This is a great opportunity to meet your<br />

regional team and discover what they have<br />

planned in your area. You can also learn<br />

how to get more closely involved by<br />

becoming an <strong>IoD</strong> ambassador.<br />

We welcome your views on <strong>IoD</strong><br />

membership and top priorities for<br />

local directors. Guests can also<br />

learn more about professional<br />

development and how we make<br />

your voice heard through Policy<br />

Voice.<br />

Following this, all delegates<br />

will return to the main room for a<br />

panel discussion.<br />

Event manager: Ms Polly Buckley<br />

T: 0208 398 9643<br />

E: polly.buckley@iod.com<br />

Take a bite out of the <strong>IoD</strong> Chartered<br />

Director qualification<br />

Dates: April 29<br />

September 9<br />

December 2<br />

Time: 9am-10.30am<br />

Price: Free of charge<br />

Join us for this bite-sized, informative<br />

session on how to kick-start your<br />

professional development journey with the<br />

<strong>IoD</strong>, facilitated by a course leader and<br />

Chartered Director.<br />

Have you been considering how you can<br />

enhance your impact and performance as<br />

a director? Do you want to gain the latest<br />

tools from expert practitioners who have a<br />

wealth of experience in board rooms<br />

across the globe?<br />

If you answered “yes” then this may be<br />

the most useful session you take this year,<br />

in which you can find out more about our<br />

professional development programmes<br />

and how they are being delivered in<br />

today’s virtual environment.<br />

Whether you’re a new director, aspiring<br />

to a seat on the board, or want fresh<br />

insight, the <strong>IoD</strong> Certificate in Company<br />

Direction, Level 9 (SCQF) qualification will<br />

equip you with the core knowledge and<br />

awareness needed to function effectively<br />

as a director.<br />

Influential figures from business and<br />

beyond continue to recommend <strong>IoD</strong><br />

professional development programmes for<br />

executive and non-executive directors.<br />

The session will be interactive featuring<br />

a Q&A with the course leader and<br />

Chartered Director and will also include a<br />

teaser activity from one of the Certificate<br />

in Company Direction modules.<br />

It will include details of the following<br />

<strong>IoD</strong> director development courses:<br />

• The Role of the Director and the Board<br />

• Finance for non - Finance Directors<br />

• Leadership for Directors<br />

• Strategy for Directors<br />

Programmes can be taken individually<br />

or as part of the full Certificate, forming the<br />

first step towards the Chartered Director<br />

journey. You will discover also what it<br />

means to be a Chartered Director, and we<br />

will be joined by an Alumni Chartered<br />

Director who will offer their thoughts and<br />

experience of the programme.<br />

Event manager: Natasha Ure<br />

t: 0131 460 7681<br />

e: natasha.ure@iod.com<br />

For more details, click the <strong>IoD</strong> logo<br />

next to the appropriate event date<br />

April 29<br />

September 9<br />

December 2<br />

Greed is dead<br />

In Conversation with<br />

economist John Kay<br />

Venue: Online<br />

Date: April 27<br />

Time: 12.30-2pm<br />

Cost: Free of charge<br />

Join in with an <strong>IoD</strong> conversation with<br />

renowned economist John Kay as we ask,<br />

Is Greed Dead?<br />

John will look at ‘individualism’ and ask<br />

whether we need a new approach based<br />

around morality and mutuality. Covid-19<br />

has shown that the people felt the need to<br />

pull together in a national crisis. But can<br />

this goodwill continue?<br />

John will look at the political and<br />

business worlds and analyse the rise of<br />

individualism and its impacts. He will<br />

also study ‘extreme individualism’<br />

embraced by many successful people in<br />

recent decades, who sought justification<br />

in terms of merit or celebrity, but John<br />

believes this is no longer tenable.<br />

John believes that markets can function<br />

effectively only when embedded in a<br />

network of social relations, and will show<br />

us how a reaffirmation of the values of<br />

morality could refresh and restore<br />

politics, business and the environments<br />

in which people live.<br />

Event manager: Julie Jones<br />

t: 0208 078 4009<br />

e: julie.jones@iod.com<br />

www.iod.com/westmids/events<br />

45


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

<strong>IoD</strong> Events<br />

<strong>IoD</strong> Online Global Conference<br />

Connecting the World:<br />

Tackling our global<br />

challenges together<br />

September 2-3<br />

Time: TBA<br />

Venue: Online<br />

Cost: TBA<br />

The Institute of Directors is holding its<br />

online Global Conference 2 & 3<br />

September 2021, with the theme<br />

Connecting the World: Tackling our<br />

global challenges together.<br />

Building on the success of its 2020 online<br />

conference, <strong>IoD</strong> Scotland is excited to<br />

announce that this year it will be hosting an<br />

online conference on behalf of the whole of<br />

the <strong>IoD</strong>.<br />

This Global Conference is taking place on<br />

2 & 3 September 2021, ahead of COP26 in<br />

Glasgow, and will explore how<br />

organisations can step up their<br />

responsibilities to tackle climate change<br />

and build sustainable businesses for a fairer,<br />

greener world.<br />

Our fragile planet is under threat: how<br />

can business be part of the solution?<br />

The conference will offer a platform to<br />

world-renowned figures drawn from the<br />

spheres of politics, civic action and<br />

business, whose thoughts will illuminate<br />

our own discussions on the event’s theme.<br />

And while our delegates will be drawn from<br />

across the business sectors – young<br />

entrepreneurs, owners of family businesses,<br />

CEOs of charities and NGOs, directors of<br />

SMEs and large corporates – what will bind<br />

them is a desire to move from rhetoric to<br />

collaborative action and to actively engage<br />

in the need to find solutions today for our<br />

world of tomorrow.<br />

The two days will be an outstanding CPD<br />

opportunity in a forum that will stimulate<br />

debate, discussion and offer practical<br />

policies for the future. The conference is<br />

open to <strong>IoD</strong> members and other business<br />

individuals who value being challenged and<br />

who value the opportunity to make<br />

connections so that new ideas can flourish.<br />

To register your interest or if you have a<br />

question, please email<br />

conference@firstcityevents.co.uk<br />

Event manager: Patricia Huth<br />

t: 0131 557 5488<br />

e: patricia.huth@iod.com<br />

Don’t waste time<br />

on that cloud!<br />

April 27<br />

Time: 10am-11am<br />

Venue: Online<br />

Cost: TBA<br />

Join us to hear more aboutwhy you<br />

should not waste YOUR time<br />

thinking about the Cloud.<br />

Cloud transition has been further<br />

accelerated by recent events and this<br />

trend is likely to persist.<br />

As remote working demands the<br />

urgency for scalable, secure, reliable,<br />

cost-effective off-premises technology<br />

services.<br />

Cloud, in its many shapes and sizes,<br />

is here to stay but we do not believe<br />

that the Cloud is THE answer to every<br />

business issue.<br />

It is an answer, or possibly part of an<br />

answer but we believe in putting<br />

business needs first.<br />

Join us at this webinar to hear Terry<br />

Moore, CEO, Outsource Solutions<br />

and Brian McCrory, COO, OSG<br />

Cloud, explain how to make sure the<br />

cloud works best for you, your<br />

organisation and your team.<br />

Event manager: Chelsea Brennan<br />

t: 0289 068 3224<br />

e: chelsea.brennan@iod.com<br />

An interview with... leading figures under the spotlight<br />

Alderman Alastair King, Chair of <strong>IoD</strong> City<br />

of London, is conducting interviews with<br />

prominent business leaders and<br />

politicians in a new series of online events<br />

held in conjunction with Rathbones. All<br />

events run from 6-7pm<br />

Date: April 26<br />

General Sir Richard Barrons<br />

KCB CBE – recently retired<br />

military commander (right)<br />

Date: May 10<br />

Jess Phillips MP, Shadow Cabinet<br />

Member (far right)<br />

Date: May 24<br />

HRH Prince Khalid bin Bandar<br />

Al Saud – Saudi Arabian<br />

Ambassador to the UK<br />

46<br />

Date: June 21<br />

Lisa Nandy MP, Shadow Foreign<br />

Secretary (right)<br />

Date: June 7<br />

Alderman Sir Roger Gifford and<br />

Dr. Rhian-Mari Thomas OBE<br />

– Chair and CEO, Green Finance<br />

Institute<br />

October 12<br />

Lord Grimstone, (right)<br />

Minister for Investment.<br />

Alastair will ask Lord<br />

Grimstone on his views on<br />

the end of the EU Transition<br />

Period, his role as HM Government<br />

Minister for Investment, how he<br />

will seek to attract inward<br />

investment in to the UK, what<br />

measures HM Government is taking to<br />

improve the UK’s traditionally<br />

sluggish productivity growth rates,<br />

the “levelling up” agenda for the UK<br />

regions and what now for UK<br />

financial services companies dealing<br />

with the EU.<br />

Event manager: Ms Polly Buckley<br />

t: 020 8142 8835<br />

e: london@iod.com<br />

To book on any of these<br />

events, contact the event<br />

manager or click the logo<br />

www.iod.com/emidlandsevents


<strong>IoD</strong> Events<br />

Strategic Leadership: A<br />

practitioner’s perspective<br />

Charity spotlight<br />

Linking society in<br />

Lincolnshire<br />

<strong>IoD</strong> members were treated to a fascinating<br />

insight into how the RAF operates when Air<br />

Marshall Andy Turner joined an online<br />

event looking at Strategic Leadership: A<br />

Practitioner’s Perspective.<br />

Air Marshall Turner has been tasked with<br />

guiding the RAF through a period of<br />

significant change at a time when the force<br />

faced a disaggregating enemy that did not<br />

play by the norms of warfare, and in an era<br />

of technological revolution that threatened<br />

to make every design thought up now<br />

obsolete by the time it is introduced.<br />

He described himself as ‘clearly<br />

institutionalised’ by the RAF. The son of an<br />

RAF base commander, he had spent his<br />

entire career in the service. He described<br />

the RAF as rather like an airline – though<br />

one where you were actively encouraged to<br />

take weapons on the flight, and where a<br />

surprisingly large number of your<br />

passengers jumped out before you got to<br />

your airfield!<br />

Joking aside, the changes that were<br />

coming to the RAF were profound, and<br />

required real leadership to push through,<br />

he said.<br />

He considered the two disciplines of<br />

‘leadership’ and ‘management’, breaking<br />

them down to the military world’s<br />

‘command and control’ philosophy.<br />

Leadership was command; generating<br />

inspiration and getting people to do<br />

remarkable things. It was the part of his job<br />

that involved vision and strategy, of ‘ends<br />

- ways - means’. Management was<br />

ensuring adherence to that vision; it was a<br />

focus on KPIs and data, and holding people<br />

to account.<br />

To Andy, leadership is a combination of<br />

biology and chemistry; management, of<br />

maths and physics.<br />

There is a bridge between the two and it<br />

Event host and<br />

former RAF man,<br />

Gary Headland<br />

Air Marshall<br />

Andy Turner<br />

required careful negotiation, which was<br />

something Andy was very aware of at the<br />

moment as he tried to steer arguably the<br />

RAF’s most exciting strategic<br />

transformation since its outset: the Astra<br />

programme.<br />

Aimed at making the RAF a service fit for<br />

the future, it was tasked with scanning the<br />

horizon to see what threats to the UK<br />

would emerge in the decades to come, and<br />

from where.<br />

As with any business, Andy’s task was<br />

made harder by conservatism and<br />

resistance to change from within the<br />

service’s own ranks – and paymasters<br />

within Whitehall that were always looking<br />

for budget savings. However, with foresight<br />

and backed by a team determined to see<br />

the programme through to completion, Air<br />

Marshall Turner saw nothing but positives<br />

from Astra, which would create an air force<br />

capable of responding to the threats of<br />

tomorrow.<br />

Other challenges that would be familiar<br />

to directors in business came from his new<br />

recruits: Generation Z were, he said, more<br />

demanding of its employer and expected<br />

more than recruits when he had joined the<br />

service.<br />

Lincolnshire Community Foundation<br />

was founded in 2002 and is part of a<br />

network of 46 Community Foundations<br />

across the UK delivering<br />

environmental/societal<br />

change and, most<br />

importantly, positive<br />

outcomes for people and<br />

places.<br />

Our work is grounded<br />

in the value of #ChangeNotCharity, and<br />

to date we’ve distributed over £16M to<br />

community groups, charities and<br />

organisations across Greater<br />

Lincolnshire, reaching people from<br />

Grimsby to Sutton Bridge and<br />

Mablethorpe to Grantham, with<br />

emphasis on small grants delivering a<br />

big difference.<br />

Our team offers support and advice<br />

and delivers grant funding providing<br />

local people with access to food,<br />

warmth, good work and resources,<br />

whilst improving their physical and<br />

mental health and reducing social and<br />

economic inequalities.<br />

As well as delivering grant funding,<br />

we have adapted and flexed alongside<br />

the emerging needs of our<br />

communities, convening a range of<br />

resources (both financial and<br />

developmental) to support small, but<br />

vital, organisations that have the<br />

greatest positive local impact.<br />

Since lockdown, the Foundation has<br />

awarded 250+ grants worth over £1.5M<br />

to a variety of orgnisations ensuring<br />

vulnerable residents are kept safe, well<br />

and connected.<br />

Our ambition in 2021 is simple and<br />

links back to our values. We want to<br />

continue to focus on and support local<br />

communities in a fair and equitable way<br />

to rebuild now and in the future.<br />

We want to achieve this through<br />

working together with local people,<br />

communities, organisations, and<br />

investors to grow bigger and create long<br />

lasting change for the communities we<br />

work for and with.<br />

For more details, see<br />

www.lincolnshirecf.co.uk<br />

www.iod.com/westmids/events<br />

47


Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands<br />

Charity appeal<br />

Businesses urged to help<br />

Vulcan experience fly<br />

Executive Alliance lifts<br />

off in bid to rehome<br />

iconic Vulcan bomber<br />

and inspire a new<br />

generation of engineers<br />

The charity behind the iconic Avro Vulcan<br />

XH558 is urging <strong>IoD</strong> members to support<br />

its new fundraising initiative for the<br />

business community.<br />

The Vulcan to the Sky Trust has created<br />

the ‘Vulcan 558 Executive Alliance’ – a<br />

membership group open to businesses<br />

from across the UK. Supported by CBE+,<br />

specialist process and precision<br />

manufacturer, the Executive Alliance will<br />

help fund the build of the new Vulcan<br />

Experience at Doncaster Sheffield Airport,<br />

where XH558 will be housed.<br />

The Vulcan Experience will focus on<br />

educating and inspiring the next<br />

generation of engineers and will also<br />

house a Green Technology Hub which will<br />

seek to find solutions to climate change<br />

through innovation and aerospace<br />

technology.<br />

The project was the brainchild of Dr<br />

Robert Pleming, CEO of VTST, who sadly<br />

passed away in early February this year,<br />

having dedicated more than two decades<br />

of his life to preserving the memory of<br />

XH558.<br />

John Sharman, chair of VTST, said: “We<br />

were proud to recently launch the new<br />

Executive Alliance group and invite<br />

businesses to join us in our mission to<br />

create a truly immersive and educational<br />

experience for the next generation of<br />

engineers, here in South Yorkshire – a<br />

place that will without doubt inspire<br />

young people to consider careers in STEM<br />

in the future and preserve the legacy of<br />

XH558 for years to come.<br />

“Robert, who passed away unexpectedly<br />

last month, was so passionate about this<br />

project and it is heartbreaking that he will<br />

not get to see his vision come to life.<br />

“We’re hoping the business community<br />

will get behind the project and help us<br />

fulfill Robert’s ideas, engaging with young<br />

people across the region and capturing<br />

the imaginations of tomorrow’s engineers<br />

through the power and legacy of XH558.”<br />

The innovative Green Technology Hub<br />

will inform and educate the public, in an<br />

easily-understandable way, about the<br />

causes of climate change, especially those<br />

arising from aviation, and what engineers<br />

are doing to devise new solutions to<br />

reduce and eliminate these causes.<br />

Youngsters will leave the Green<br />

Technology Hub understanding that;<br />

• Scientists, engineers and technicians<br />

can help to solve climate change<br />

problems.<br />

• Energy comes from a variety of sources<br />

of differing characteristics.<br />

• Aviation has a future, but it may well<br />

look different from today.<br />

Businesses that join the Executive<br />

Alliance will, in return for sponsorship,<br />

receive a package of benefits including<br />

having their name displayed on a<br />

dedicated members’ wall in the new<br />

hangar.<br />

John, added: “This is a great chance for<br />

businesses to play a part in history, as we<br />

set out to create a new home for XH558,<br />

preserving her legacy and allowing new<br />

generations to be inspired by her presence<br />

and story.”<br />

A variety of sponsorship opportunities<br />

are available. For further information,<br />

visit www.vulcantothesky.org/<br />

executive-alliance<br />

Alternatively, call Michael Trotter on<br />

07803 141483 or e-mail him at<br />

mtrotter@vulcantothesky.org<br />

48<br />

www.iod.com/emidlandsevents

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