IoD Midlands Summer

Institute of Directors Midlands; IoD East Midlands; IoD West Midlands; director development, training, news and events

Institute of Directors Midlands; IoD East Midlands; IoD West Midlands; director development, training, news and events


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The official membership magazine for the Institute of Directors in the Midlands

Warning over

‘finance iceberg’,

dead ahead

Everyone can win

from employee

ownership trusts

Weak cyber

security putting

M&As at risk

ACC Kerrin Wilson

The police want directors to

help defeat domestic abuse


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



IoD News/Comment

IoD West Midlands’ Brian Hall – pg 4

IoD East Midlands’ Gary Headland – pg 6

News and updates – from pg 8

Focus interview

Kerrin Wilson, Assistant Chief Constable of

Lincolnshire Police, talks about the role directors

and business leaders can play in helping tackle

domestic abuse and violence

– from pg 14

Technical briefings from pg 18

Warning: There’s an iceberg waiting to crash into

the unwary, says Ian Priest – pg 18

Finance advice, by Julie Leask – pg 19

Nelsons Law – pg 20

Charity appeal, by West Midlands Air

Ambulance – pg 21

Business Gateway Growth Hub – pg 22

IoD Sustainable Business Hub – pg 23

Nottingham Business School – pg 24

Franklins Solicitors – pg 25

The IoD from pg 26

Helping you Connect, Develop and Influence

Member benefits and special offers – pg 26

IoD Ambassadors – pg 28

Events reports – pg 32

Mastermind Groups – pg 33

Director Development – pg 34

Events Diary – pg 38

IoD Global Conference: Connecting the World:

Tackling our Global Challenges Together – pg 40


Leicestershire Action for Mental Health

Project (Lamp) – pg 42

04 06






IoD East Midlands

Nottingham Trent

University, Burton St,

Nottingham NG1 4BU

Chair: Gary Headland

e: chair.eastmids@iod.net

t: 07787 484448

Branch Manager –

East & West Midlands

Cari Grice

e: Cari.Grice@iod.com

t: 0115 857 8170

IoD West Midlands

A new members’ business

hub will be opening soon.

Watch this space/ the IoD

website for details.

Chair: Brian Hall

e: chair.westmidlands


Senior Branch Manager –

IoD East & West Midlands

Sophie Breeden

e: Sophie.Breeden


t: 0121 281 5530

• Sophie is currently on

maternity leave. Please

direct all queries to

Cari Grice.

The Institute of Directors

Midlands membership

magazine is published on

behalf of the IoD by:

Chamber Media Services,

4 Hilton Road, Bramhall,

Stockport, Cheshire SK7 3AG.

Advertising sales:

Colin Regan

t: 01942 537959 / 07871 444922

e: colinregan001@yahoo.co.uk

Production enquiries:

Rob Beswick,

t: 0161 426 7957

e: rob@chambermedia


Please note...

Although every effort is made to ensure the accuracy of material contained within this magazine, neither the IoD nor

Chamber Media Services can accept any responsibility for omissions or inaccuracies in its editorial or advertising

content. The views expressed in this publication are not necessarily those of the IoD. The carriage of adverts in this

publication does not constitute an endorsement of the products or services advertised.

All articles within this publication are copyright IoD Midlands. Editorial consent must be obtained before any are

reproduced either in printed form or electronically.

Cover image: The

Assistant Chief

Constable of

Lincolnshire Police,

Kerrin Wilson, is

this issue’s focus

interview. See page 14



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


It’s been challenging but I

know we’ve made a difference

Brian Hall

Chair, IoD West Midlands

This issue of IoD Midlands coincides with

the end of my time as IoD West Midlands

chair, so I thought it was appropriate to

reflect on my period in office in this, my

final message to members.

In 2018 I remember taking up the reins

knowing I was in for a rough ride; after all,

there were some serious challenges ahead.

Brexit was an issue that had the potential

to menace businesses across the region

and I also knew that the fight to push the

Government on HS2 would take up a lot of

my time.

But it wouldn’t be all bad news: there

were good things to look forward to, not

least the news that Birmingham would

host the Commonwealth Games, and

Coventry was to be the City of Culture.

Covid? What’s that, then?

Amazing how, to twist a well-known

quote, the best-made plans of mice and

men… end up in the bin!

Yes, Brexit has been a challenge, one

that dominated the airwaves and many

directors’ thoughts for months. But when

compared with the arrival of the

pandemic, Brexit was a mere hurdle in the

road, while Covid-19 was a 20-foot high

reinforced steel wall.

Yet the way the region’s business

leaders responded to the scale of the

emergency, how quickly they developed a

response and the steps they took to keep

operating, was extraordinary. From a

standing start businesses relocated staff,

set up home working systems and

switched to Zoom meetings in an object

lesson of agile leadership at its best.

I take considerable pride in the role the

IoD played in the Covid response. The

Treasury’s support packages for businesses,

workers and the self-employed were

heavily influenced by IoD submissions

into Westminster, and these in turn had

more than a touch of ‘Made in the West

Midlands’ stamped across them. In short,

what our members told us they needed in

this region was fed directly into the IoD’s

response, and this ultimately guided the

government. I don’t think it is too alarmist


to say that without the IoD, the various

packages of support could have looked

very different.

The fightback

So now we are coming out of Covid,

what’s next? Well, the key thing is to get

everyone back on their feet. Some sectors

– hospitality, travel and leisure are obvious

examples – are still struggling to come to

terms with the new realities, and it is to be

hoped that when you read this the July 19

freedom date has been set in stone.

Business will struggle with further

restrictions and we must hope that the


It is to be hoped that the July

19 freedom date is set in stone...

and the vaccination programme

delivers the results we all pray

for in the long term


Brian checks out the

HS2 site at Washwood

Heath in summer

2019. The site will be

the main depot for

the service once it


vaccination programme will deliver the

results we all pray for in the long-term. But

while such issues are not in the IoD’s

hands, what we can control is how we

help our members. The IoD should be

your first port of call when you want

support, advice and guidance. We’ll

continue to fight your corner. But we are

also here to develop your skills and

increase your knowledge through our

director development programmes, while

at the same time the IoD can be the space

in which you can talk to your fellow

business leaders to gain that crucial peer

support we will all need as we climb out of

the abyss together.

A changing IoD

As for the IoD itself, the pandemic has

given us the chance to take a look at our

operating model and refocus the way we

support and serve our members. The

result is an IoD that’s better placed to

deliver locally, with a greater regional

focus. Our regional committees now have

more scope for concentrating on local

priority issues, with a greater say given to

the grassroots membership.

That’s why I’m asking members to help


develop this further – whether it is on our

branch committees or by taking on one of

our Ambassador roles. The latter are

particularly crucial, as we’d like to have a

full complement of sectors and

professions covered by an IoD member by

the autumn. That way, if an issue arises

that needs an IoD overview, or we have

members struggling in a particular area,

we will have a knowledgeable

spokesperson who can address the issue

on our behalf.

If you want any further information

about the Ambassador roles available, or

how to get involved with our branch

committees, let our branch chairs know.

Locally, it is great to report that a new

IoD members’ hub should be opening

soon, in the centre of Birmingham. We are

also looking to re-start our ‘in-person’

events programme. While I’m sure some

Covid-19 measures will still be in place,

face-to-face training and events should be

back on the agenda by the autumn.

Farewell, and thank you

Before I take my leave, however, some

reminiscing and some thank yous.

Looking back, as I said at the start, certain

issues and projects were likely to loom

large during my time as chair. HS2 was

one and it has been brilliant to get

involved with this, corralling support and

championing what is a vital and exciting

project that I think can have only a

positive impact for the Midlands as a


But there are other triumphs to dwell

on. It has been great to see plans take

shape for the Commonwealth Games,

despite the backdrop of Covid, and for

Coventry’s big year to get off to a flying



Stand-outs have included the

annual Director of the Year

Awards, which have always

been an inspirational highpoint

in the IoD’s year


start. But there have been other, more

personal highlights of my time as IoD

chair. Among them have been my many

meetings with members, particularly on

our ‘behind the scenes’ events where I’ve

had a chance to draw back the curtain on

how our region’s most successful

companies operate.

Other stand-outs have included the

Director of the Year awards, which are

always an inspirational point in the year,

and a chance to watch a Royal Naval

exercise off Plymouth from the vantage

point of the flagship’s deck. To all those

business owners who kindly threw open

their doors to us and all the members I’ve

met on my travels, a huge thank you. I

rarely left any of these encounters without

some advice and pointers that enhanced

my own skill set.

Finally, to the thank yous. The

reorganisation of the IoD last summer led

to some painful decisions, not least of

which was losing members of our regional

team. My thanks go to Calum Nisbet and

Jo Dukes for their unstinting hard work in

the run-up to that decision last year.

My thanks, too, to Sophie Breeden and

Hall and IoD West Midlands

former regional director Calum

Nisbet flying out to HMS Albion,

from where they observed a Royal

Navy exercise in the waters of


Cari Grice, who have stepped up to the

challenges we’ve put in front of them to

keep the IoD active throughout this

difficult time.

Thanks to everyone who has contributed

to the work of our branch network –

especially Ian Priest, Dean Kavanagh, Jo

Hodgetts and Andy Wilkinson – and to the

many members who have agreed to be our

ambassadors on key areas.

But it’s time for me to leave the stage

and hand over the reins to a new regional

chair, who will be in place by autumn. I

shall not be leaving the IoD behind

entirely, however. I have been asked to

chair a new national IoD export group that

will be a central focal point for exporters,

tackling Brexit-related problems and

helping those businesses looking to

expand their horizons and trade overseas

for the first time.

It’s an exciting proposition that comes

at exactly the right time for both the IoD

and the country.

It’s in that capacity that I look forward

to meeting you again – or at a members’

event in the near future, where I will enjoy

sitting back and revelling once more in the

business leaders and conversations

around me.



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


There’s a risk we’re not

seeing the real dangers

Gary Headland

Chair, IoD East Midlands

I always find writing these sorts of

introductions much more difficult than it

might appear. I don’t delegate the task to

a drafter, nor do I simply summarise

business information you can get equally

easily from the media or the internet.

So, this introduction shares with you

some of the things that I, as a business

person, am thinking about in the hope

that there might be some value for you.

And a moment of honesty…

…as I am sat here on Sunday morning

putting pen-to-paper, or rather fingertipto-keyboard,

I am hoping and praying that

someone might actually read my words. If

you do and you would like to engage with

me on any of the content in this issue,

please do so either through LinkedIn or by

email to chair.eastmids@iod.net

Getting some feedback would be really

gratifying so that I know people out there

are reading our regional magazine.

Top of the list of things I am thinking

about is risk. And there is no shortage of

risks for me to be concerned about,

including keeping people safe from Covid,

addressing effectively the mental health

and well-being of our people, protecting

jobs and working capital while also trying

to address salary gaps for our staff,

protecting the organisation from the

increasing threat of cyber-attack, helping

other businesses to address their skills

shortages while addressing our own, etc,

etc, etc.

Many of these things were buzzing

around my head while walking my dog

this morning. Many of these risks are in

fact a mini-crisis in their own right and

many of the mitigations in place appear to

be aimed at returning us to a normal or

Is your

social media

use driving

you to


business-as-usual state. It occurred to me

that the compound effect of 18 months of

regular and recurring mini-crises was

limiting and causing the potential for

inappropriate aversion to risk. This is

counter-intuitive for my organisation

which for nearly seven years has been

striving to be extraordinary through

breakthrough-thinking and strong

delivery of concepts into reality.

And so, with a cup of coffee in my hand,

my first act following my return home was

to open our strategic risk register and do

some focused thinking about my personal

My final thought in this message relates

to the people who serve in the Armed

Forces, recognising that the day before I

wrote this piece was Armed Forces Day


Service personnel come from our

communities and ultimately return to

them. The leadership knowledge, skills

and mindset they develop throughout

their service careers is extensive in

addition to their specialist knowledge

and experience.

If you are not yet signed up to the

Armed Forces Covenant, this is

something I would encourage you to

explore as well as being an attractive

place for service-leavers when their time

in the military comes to an end – they

have a lot to offer to your organisation.



isk-appetite related to each risk and issue.

This was a really useful exercise and has

caused me to re-think several of our


The next step is to test my analysis with

my exec team and then with the board.

I wonder how many of us are feeling like

this. Bombarded with risks and issues in a

way that we have probably never before

experienced, the safe place to go might

not be the best place in the medium-tolonger


This led me to another reflection which

is information overload. I am an avid

reader but my reading over the past year

has shifted from books and my favourite

publication (the Harvard Business Review)

to electronic form, often bite-size

algorithm-driven targeted information.

And I have been drawn in further and

further into the world of social media. I

recently undertook a stocktake of my

iPhone and noted that I had four email

accounts (each related to a different

organisation), a WhatsApp account, three

Twitter accounts, three LinkedIn

accounts, an Instagram account, three MS

Teams accounts, a Zoom account, a

Facebook account, a Workplace (aka

Facebook @ Work) account and Work

Chat as well as Messenger, Mail and


I had developed a process to ensure that

I could review and service each electronic

communication channel multiple times

per day; paradoxically, I thought I was

being efficient by having this process in

place. Having spoken with lots of people, I

know that many business people are in a

very similar position. Part of my stocktake

involved an analysis of time being used for

this sort of communication and the return

on that time investment. Frankly, it made

for pretty poor reading and evidenced very

clearly why I was working most evenings

and weekends seemingly to keep on top of

work and to service the insatiable

information machine.

I made some changes. Over the past 42

days, I have reduced dramatically the time

I spend using electronic communication.

I need to use MS Teams and Zoom for

some work meetings but have reverted to

phone calls much more often when that is

the more appropriate channel. I am, of

course, fully contactable by email and

telephone and I continue to use

Workplace as this is one way in which I am

able to communicate with staff across our

organisation. I have also retained

LinkedIn, which is my chosen social

media platform. But the other channels

are gone. The impact is that I have

significantly more time and, importantly,

much more mental bandwidth. I feel less

fatigued and stressed and my brain has

much more capacity for innovation.

Having shared my personal story over

the recent period, I offer two questions for

all of us to think about:

• In times of crisis, who pulls us to the

place where we self-reflect as I have done

above, rather than becoming utterly

embroiled in operational business issues

and risks?

• How do we help the leaders who work

for us to pause and reflect ,as I daresay

they are, at least in part, mirroring us?

Finally, I wish you all an enjoyable

summer and hope to see as many of you

as possible in the autumn when we will,

hopefully, return to holding events


It’s goodbye, and thanks for everything

IoD East Midlands’ student placement Natasha

MacGilbert is leaving us in July to return to her

studies at Nottingham Trent University. Here she

looks back at a challenging 12 months – and

thanks those who’ve helped her along the way

My time at the IoD has been amazing. The fact that I managed

to secure a placement during the pandemic is an achievement

itself, let alone everything I have learnt and done while

working at the IoD. I have made so many connections that I

will forever be thankful for and have worked with amazing

colleagues throughout my time at the IoD.

I will miss everyone. Although we were all forced to work

from home, I have still made working relationships that I will

never forget.

Working for such a prestigious organisation has been very

rewarding, while also enabling me to get my foot in the door of

the business world and begin gaining the skills and knowledge

that will allow me to excel in what I hope will be my business/

marketing-led career in the future.

There have been many highlights, though helping organise

the IoD’s first ever virtual lunch, when we held the IoD Annual

Lincolnshire Lunch, is something I will never forget and I will

be forever proud to have contributed to its success.

I want to say a massive thank you to many people who have

helped me, but particularly Cari, Ron, Sophie, Helena, Rose

and Heather for always supporting me in my role and making

me feel like a valuable part of the team.

Of these, a special thanks to Cari. She has been amazing

throughout my time at the IoD and I couldn’t have asked for a

more supportive manager, who pushed me and wanted me to

achieve my full potential. Her ongoing guidance, support and

encouragement has enabled me to secure an array of skills and


I am looking forward to going back to Nottingham Trent

University to finish the final year of my Business Management

and Marketing degree, and starting a new chapter in my life.

As part of my final year I will be doing a research topic in the

field of marketing. I would really appreciate your help and

support with the completion of a short survey or

questionnaire that I will be posting on my LinkedIn page at the

end of this year.

You can find it at Natasha MacGilbert / LinkedIn

Finally, a huge thank you to

everyone at the IoD, the

committees and the many

members with whom I’ve

interacted during this time.

I will never forget you.

Please do keep in touch.

To contact Tasha

on LinkedIn click

the IoD logo.



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


Membership cards dropped as

IoD improves sustainability

As part of the IoD’s environmental

drive, we are delighted to announce

that we have received the Planet Mark

certificate to underline our efforts to

promote sustainability and a low

carbon agenda. The IoD remains

determined to ensure climate change

climbs the agendas of boardrooms

across the country, and our work with

Planet Mark is proof of this.

One consequence is that we have

decided to stop sending out IoD

membership cards and we are cutting

down on other paper products.

As part of our Planet Mark

commitment we have reduced our

absolute carbon reduction by 42.6 per

cent, and the absolute carbon

reduction per employee is 22.5 per


For more details, see https://www.


and see pg 23 for more on the IoD’s

sustainability programme

Make your voice


The IoD runs Policy Voice, a way to

gauge the opinions and thoughts of

its members, which it then uses to

formulate policies to be fed back to

the Government in Westminster. To

get involved and have your say,

register now at iod.com/policyvoice



Should you have any questions

regarding your IoD membership or

renewal then please contact your

local Branch Manager in the first


In the East Midlands:

Cari Grice

e: Cari.Grice@iod.com

t: 0115 857 8170

In the West Midlands:

Sophie Breeden.

Sophie is now on

maternity leave, to

return later in the year.

In the meantime, please

direct all inquiries to Cari Grice

(details above).

e: Sophie.Breeden@iod.com

t: 0121 281 5530

Raise your company’s profile with a

prestigious Pall Mall address

Do you need a central London office

address but you don’t want to pay high

rent for a physical space? Do you want

help on mail and call handling? Then the

IoD Virtual Office can offer you and your

business all of that and so much more!

Choosing to work with IoD Virtual

Office and registering your company in

Pall Mall will raise the profile of your

business and give it a much sought-after

SW1 postcode and London phone

number, positioning you right in the heart

of the capital.

You can tailor this address with other

IoD support services, such as call

handling and a hot desk facility available

on a full or half-day basis.

IoD Virtual Office prices start from £90

plus VAT a month for members, while a

dedicated London telephone number(s)

with professional call handling from our

London based IoD Virtual Office team

starts from £75 plus VAT a

month (members). Click on the

logo for more details, or call

0207 451 3300.

Information at your fingertips

One of the most popular benefits of IoD

membership is the Information Advisory

Service, through which members can ask

our research department for information

on 25 occasions through the year. One

member contacted the IoD West

Midlands office to record their

satisfaction: “I contacted the Information

Service to help research export

opportunities within Asia and Africa, two

sectors we had never looked at before. I was

allocated a specific contact in the research

team who took the time to understand the

nature of my request, to ensure that the

output met with my requirements. The

answers were delivered within 48 hours of

my initial request and far exceeded my


“It will also play a key part in delivering

growth for my business! ”

Members’ magazine

Tell us what’s happening in your world: we are always looking for

interesting and relevant editorial for the magazine and online, so

please speak to Cari Grice about any content you may have.

There are also opportunities to advertise in this magazine.

For more details speak to Colin Regan at Chamber Media Services

(details on pg 3) and see how the IoD Midlands magazine can be

part of your marketing plan.



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

Student Mentoring programmes

IoD East Midlands Enterprise Challenge with Nottingham Trent University

Fundraising Five take the prize – but

you’ve got to admire the S’morish

by Tasha MacGilbert

IoD East Midlands is celebrating another

successful Enterprise Challenge, held in

conjunction with Nottingham Trent


The IoD Enterprise Challenge is an

extension of the IoD’s annual £10 and

£10+ challenges. This year’s challenge

involved 170 students from Nottingham

Trent University and 38 IoD volunteer


Students were placed into groups of five

and assigned an IoD mentor to help them

with their ideas and challenges.

Each group was encouraged to pitch for

£10-£50 initial seed money to be used for

implementing their idea and returning a

profit on their initial investment.

The total profit raised by the teams was

then donated to the John van Geest

Cancer Research Centre (JvG) based in


The students came up with a wide

variety of ideas, ranging from virtual pubs,

raffles, fundraisers, customised face

masks, cards against students, key ring

hand gels, smore kits, biodegradable

glitter, Ocean (Nottingham night club)

themed merchandise, and much more!

Amount raised

The Challenge ran for 10 weeks, ending

with a virtual celebration event on 4th

May. The total amount raised by IoD

student members, supported by

their IoD mentors, was an

amazing £7,205! This was a truly

phenomenal effort when you

consider that many of the

avenues previous £10

Challenges and Enterprise

Challenges had gone down to raise

funds were closed to this group of

students by coronavirus restrictions.

As a result the teams had to be even

more inventive with their fund-raising

ideas, and we are extremely proud of all of

them for their hard work!

Winning groups

n Most money raised:

The Fundraising Five – £1127!

n Most unique idea: S’morish

This group gathered together the

ingredients for ‘Smores’ and then sold the

boxes around Nottingham.

n Best social media campaign:

Cards Against Students

This group came up with a card and

drinking game and made really effective

use of Instagram and Twitter, making use

of the hashtags to create awareness.

Want to get

involved as a


Email cari.grice


n Best reflective video:

Calm Candles –

Calm Candles made a simple

but effective video, showcasing

the product and using aesthetic


On behalf of Cari, Tasha and

Ron, we wanted to say a massive

thanks to Emma Hicks and Joe

Fitzsimons who were mentors on the

challenge this year.

Emma’s team was judged to have had

the best social media campaign and both

groups performed really well in raising

lots of money.

Where does the money raised go?

Making a Difference

All the money raised by the IoD/NTU

Enterprise Challenge goes to the John van

Geest Cancer Research Centre (JvG) based

in Nottingham.

JvG is a unique purpose-built scientific

facility in the East Midlands. Its aim is to

save lives and speed recovery by

improving the diagnosis and treatment of


It opened in 2010 and has been at the

forefront of:

n Improving the diagnosis and

management of breast and prostate


n Developing effective vaccines and

immunotherapies that will significantly

improve the survival rates and quality of

life for cancer sufferers

The research relies solely on donations,

and as their overheads are covered by

Nottingham Trent University, 100 per cent

of donations go to life-saving cancer


To find out more, see


Pictured left, Not this year, sadly,

we’ll meet again soon: the scene as

our IoD mentors met their mentees

for 2019’s Challenges



IoD West Midlands Student Mentoring with the University of Wolverhampton

Zoom celebration caps our mentoring year

John Phillips, MBE FIoD

On May 24, 2021, a virtual celebration

event was held for all the mentors and

student mentees who have taken part in

the IoD /University of Wolverhampton

Student Mentor Programme this academic


Students have again been working on a

one-to-one basis with directors from the

region, as their mentors, to gain support

developing their CVs, interview skills and

those all-important soft skills which are

vital in underpinning academic


IoD member Peter Shergold shared his

“lessons in leadership” with stories from

his military career as a Major in the British

Army and his current role with St John’s

Ambulance, including recruiting 30,500

people to carry out vaccinations during the

UK’s pandemic.

He also touched on his new role as a

director with the UK Health Security


Students and mentors shared their

mentoring success stories at this event,

including celebrating the achievements of

those who had secured graduate jobs

despite the challenges of the pandemic,

getting into hard-to-gain specialist roles

and developing fantastic networks for the


All concerned received a combined

University and IoD certificate to mark their

participation in the mentoring scheme, a

moment which capped off what was a

wonderful afternoon for all.

This is the 11th year the IoD has been

running this scheme for final year business

students. If you’d like to know more about

the IoD Student Mentoring Programme,

please see this link:




• I am pleased to say Peter Shergold will

be talking again to IoD members locally at

a joint event with CIMA on September 28

regarding his life experiences and in

particular the British Army’s model of

leadership. Entitled ‘Lead to Serve’, this is

an event I would strongly recommend as

Peter is a wonderful speaker.

Left, the Zoom meeting with some of

the mentors and mentees



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


Warning that weak cyber security

is putting M&As at risk

A leading East Midlands cyber security

company has warned businesses looking

to make an acquisition, agree a merger or

simply make a private equity investment

to ensure that a thorough Cyber Due

Diligence Audit is undertaken as part of

the other checks.

Dr Rona Mackenzie at KyptoKloud

stressed that cyber security must be at the

forefront of all directors’ minds,

particularly as the rate and impact of

cyber crime increases exponentially, and

this is particularly true as you embark on a

merger or acquisition.

In 2018, Gartner reported that by 2022,

60 per cent of organisations engaging in

M&A activity will consider cybersecurity

posture as a critical factor. However, 65

per cent of companies in M&A activity

experienced regrets in making a deal due

to cybersecurity concerns.

When you enter M&A or investment

activity, you’ll undoubtedly be asked these


n How secure is your business? And

your supply chain?

n What evidence do you have to prove

your and their resilience?

n How do you balance your appetite for

risk with your financial investment in

security solutions?

n What steps are you taking to further

strengthen your business, given that the

cyber threat landscape constantly evolves?

Your cyber resilience, or lack of it, will

have a significant impact on business

value. By considering your cyber risks and

proactively planning to reduce them, you

can avoid future overspending on security

and maximise the return on investment,

while ensuring that the ever-increasing

threat of a future hack or a ransomware

attack is minimised.

Why does cyber security matter in

M&A or investment activity?

Negotiate with confidence

By undertaking a rigorous cyber due

diligence audit, you will uncover current

and potential security risks and liabilities.

This enables you to identify the costs for

remediation and create strategic plans

that demonstrate how you will secure your

business now, and in the future, and

balance investment in technology with the

development of people and processes.

This will support your M&A or investment

negotiations, and help establish whether


the business is equipped to deliver on

your deal thesis.

Optimise your integration or

separation plans

During mergers, it is vital to proactively

examine the cyber security challenges you

may face in the integration of an entity.

Through collaboration, you can build and

execute a robust, secure and cost-effective

plan that supports wider strategic

objectives and maintains, or enhances,

the cyber resilience of the organisation.

Undisclosed breaches are a deal

breaker for most companies

Typically, businesses are reluctant to

publicly share the details of a cyber or data

breach. However, honesty during the deal

process is vital, along with clear evidence

of the proactive steps the organisation has

taken to remediate and strengthen their

cyber security.

Consider your supply chain security

The value of a business is intrinsically

related to suppliers and the value of the

contracts held. It is vital to have

confidence in the security of the supply

chain, a factor overlooked by most

businesses. This is needed to prove your

cyber strength, to give confidence to key

contracts, and to future investors.

Maximise your return on investment

A clear, consistent message on cyber

security that stands up to buyer scrutiny

will help you achieve maximum value and

limit any delays in the deal process.

Where do we start?

97 per cent of organisations allocate

third party resources to cyber security

assessments, as most internal IT teams

lack the skills to conduct them (Forescout,

2019). At KryptoKloud, our dedicated

cyber team can help you understand the

cyber risks of your organisation, and your

supply chain, using our COBRA cyber due

diligence audit. It is currently used by

leading Private Equity companies as a key

component of their due diligence activity.

KryptoKloud combines technical and

business risk expertise to clearly explain

the holistic cyber security risks and

opportunities in the context of the M&A

and investment activity.

We provide tailored, specialist advice

and deliver insight that can inform

investment decisions, practical action,

and remediation plans.

Make a sound investment today by

investing in COBRA. Find out more

by emailing Dr Rona Mackenzie at




Thanks, Ian

IoD West Midlands would like to save a

big ‘thank you’ to a long-time stalwart

of the region, Ian Priest, who is

standing down from his role as Chair

of the IoD Wolverhampton and Black

Country branch.

Ian has also run the area’s

Mastermind Group in recent years,

and is a regular attendee at events

across the region, as well as a former

Director of the Year winner.

In addition to his work with the IoD

Ian has also sat on the Midlands

Engine Investment Funds Regional

Advisory Board and the Strategic

Oversight Board, and is a trustee of

Groundwork West Midlands.

Ian – a former banker and

now commercial

finance broker – is

an expert in

sourcing finance

for growing


We’re changing: See how, in the

IoD Annual Report & Accounts

The Institute of Directors is

changing. To highlight how, this

year’s Annual Report & Accounts

– Better Directors for a Better

World – profiles members who

represent the future of the IoD:

ambitious, diverse and working

throughout the UK and beyond.

To see the report and learn more

about how your IoD is being

transformed, see



• More on the IoD services,

discounts, facilities and ways

to get involved: see pages


• Iceberg ahead:

see pg 18



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

IoD Midlands Spotlight

Lincolnshire Police’s Assistant Chief Constable, Kerrin Wilson QPM, is determined to

tackle rising levels of domestic abuse... and as she tells Rob Beswick, there’s a role to

be played by the Midlands’ directors and business leaders in helping its victims

Directors have a role to play

in ending domestic abuse

One of the Midlands’ leading

police officers has called on the

region’s business leaders and

directors to do more to help

employees who are the victims of

domestic violence and abuse.

Assistant Chief Constable Kerrin Wilson

of Lincolnshire Police said businesses

need their own strategies to tackle what is

a growing problem, with figures revealing

that one-in-four women have suffered

abuse in the home or from their partner

– a truly horrifying statistic.

What is possibly more surprising is that

one-in-seven men have suffered similar

abuse, making it an issue affecting huge

swathes of the workforce.

Kerrin – a member of the IoD and the

East Midlands Ambassador for policing

and criminal justice – said all businesses

should have policies in place for

identifying victims of domestic abuse,

with line managers coached to recognise

tell-tales signs that an employee may be a

victim, and to help them access the right


Tackling domestic abuse has been one

of Kerrin’s key focuses for some time and

through her links with the IoD she’s keen

to raise awareness.

“I joined the IoD because, though the

police force is a public sector body, I’ve

always believed it needs to be managed

and led to the same high standards of

corporate governance as any company in

the private sector,” she said. “We need to

look outside the police for new ways to

manage our teams and the work they do.

The only difference between my

employees and those of any other

business is their role – they are providing a

service to the public, but it’s one of

security and protection.

“Through the IoD I’m keen to reach out

to business leaders and directors as part of

our brief to inform and educate the public

on key policing matters. Getting the public

on side with major issues such as


People tend to be shocked

when I tell them one-in-four

women have suffered from

domestic abuse...and even

moreso when I reveal that

one-in-seven men has, too


domestic violence makes it easier for us to

tackle the problem, keep our communities

safe and protect the public.”

To get her message across, Kerrin will be

hosting IoD members’ evenings via Zoom

in which she will highlight the impact of

domestic violence on businesses – and

Assistant Chief Constable Kerrin

Wilson in the heart of her beat,

overlooking Lincoln Cathedral

how the problem is more widespread than

people realise.

“People tend to be shocked when I tell

them that a quarter of women have faced

domestic abuse, and even moreso when I

reveal that one-in-seven men have

suffered, too,” she says. The abuse can

take many forms: outright physical

violence is clearly the most worrying

manifestation of an abusive relationship

but controlling behaviours that stifle

independence and constant harassment

of your partner can have an equally

devastating impact on people’s lives.

While there is a clear moral case for

helping victims, Kerrin pointed out that

there is a business case. “The impact of

domestic abuse on businesses is huge. A

survey by the Employers Initiative on

Domestic Abuse found that over 50 per

cent of victims admitted their work had

suffered or they had been less productive



as a direct consequence of the abuse they

had experienced, while the same number

admitted to higher rates of absenteeism

and lateness.

“Security problems had been created in

one-in-six cases, with roughly the same

number of victims opting to leave their

jobs because of the stress the abuse caused.”

Overall, Kerrin says the cost to business

of domestic violence is likely to run into

the millions. Which begs the question,

notwithstanding the moral issue of

supporting domestic abuse victims, don’t

you want to tackle an issue that impacts

on your productivity or could force your

best team members to leave your company?

Kerrin accepts that it’s challenging to

understand both the scale of the problem

and how it affects victims. “There’s the

classic scenario, where the victim comes

to work showing signs of violence –

bruising, scratches, etc,” says Kerrin.

“That’s easy to identify. You’ll expect to

hear excuses for the injuries and it will

become noticeable how often they have

‘falls’ or accidents at home. They are the

obvious tell-tale signs.”

But domestic abuse is a complex

problem and identifying victims within

your workforce can be hard. “Domestic

abuse isn’t just about violence, it’s about

controlling and fear,” says Kerrin. “So

while you can reach out to help someone


Victims are often stopped from

seeing family and friends, so

work can be the only place they

really feel free from their abuser.

Can you imagine how awful

that must feel?


if they show visible signs, that’s not the

only thing to look out for.

“Look for a change in personality –

someone who used to be bright and

bubbly but suddenly becomes more

withdrawn, particularly if you know they

are in a new relationship. Alternatively,

someone who used to be very calm

becomes more argumentative and

difficult to work with. In other words,

you’re looking for sharp mood swings.”

But there are other ‘tells’ that could

suggest a problem. “Perhaps they never

attend company events outside office

hours, or when partners are invited to

social events they never show. But it’s

sometimes so subtle as to be easy to miss.

Look for people who stay longer at work

without any reason to, or are coming in

earlier than they need. It’s not absolute

proof but it could suggest there’s a fear

about going home and the employee is

looking to minimise their time there.

“One of the really distressing things

about domestic violence is that the

workplace could be the victim’s only place

of safety,” says Kerrin. “Victims are often

stopped from seeing family and friends, so

work is the only place they really feel free

from their abuser. Can you imagine how

awful that must feel?”

There are other issues to consider. As

Kerrin points out, “a prosecution for

domestic violence often results in the

victim taking out a protection notice

banning the assailant from the vicinity of

their home. However, it is unlikely that

this notice will cover the workplace,

leaving them vulnerable to being harassed

or stalked at work.

“Therefore, is your workplace

unwittingly the venue for a campaign of

harassment?” asks Kerrin. “It’s also

difficult to counter if your employee is on

the move a lot during the day, perhaps as

a salesperson or someone who has

different places of work each day.”

It’s also hard to tackle if you are based in

a large office block with a number of other

firms and access is difficult to control.

Continued on page 15



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

IoD Midlands Spotlight


It’s rare to find a business

with a policy for countering

domestic abuse... only five per

cent has one. Change that:

make sure your organisation

has a way to handle cases....


Continued from page 15

So what can companies do? The first

thing is to look at your HR policies, says

Kerrin. “Businesses should have policies

for dealing with bullying or racism, but it’s

rare to find one with a stated policy for

countering domestic violence and abuse.

Research suggests only five per cent of

businesses have such a policy. Change that;

make sure your organisation has a way to

handle cases where you think an

employee is a victim of domestic abuse.

Tell your line managers what to look out

for. Hold wellbeing checks with team

members and ask if everything is okay at

home. Make it clear that you are open to

conversations on the issue and can help.”

What’s important to stress is that Kerrin

isn’t suggesting the employer steps in and

provides direct assistance. “This is a very

complicated issue and it needs trained

professionals to help unpick the problems.

It could be it requires police intervention,

or help from one of the many agencies

who specialise in domestic abuse. Your

job is to make potential victims aware that

you are ready to help. Have contact details

available of local agencies or counsellors.”

The way to look at it is similar to talking

to an employee if you believe they may

have a physical health problem. “We

wouldn’t expect a company director to

diagnose someone’s physical ailments –

they’d suggest the employee sees a doctor.

Handle domestic abuse in a similar way;

be sympathetic, show you understand the

How you can help

Each town or city in the Midlands has

a domestic abuse support group.

Here are a few you may contact or

wish to look up for more information:

Birmingham: Birmingham & Solihull

Women’s Aid [BSWA];

https://bswaid.org/ or 0808 800 0028

Leicester: Women’s Aid Leicestershire;


issue and signpost the employee to

professional help.”

It’s possible a director could offer

practical interventions. “If the employee

confides in you and says they are worried

about a violent ex-partner, offer security

in the workplace, even if it’s just increased

vigilance or someone who will walk them

to their car at night. If they are leaving the

workplace and feel vulnerable, can you

change their schedule?”

But is there a fear that directors could

be seen as interfering in someone’s private

life away from the workplace? “I can see

why people could be concerned about

that but let me turn that round – what

does that say about your values? We’re

talking about a crime here; if you are

turning a blind eye to it, what does that

say about you and your business? What

other criminal behaviour are you prepared

to turn a blind eye to?”

This problem isn’t going away anytime

soon either. Worryingly, Kerrin reveals

that an acceptance that domestic abuse is

in some way normal in a relationship is

becoming common among younger

people. A recent surveys found that a

quarter of young people accept physical

violence as part of a relationship, and

there is growing evidence that this is true

for both sexes and we are seeing more

examples of women attacking men.

Where the victim is male or in same-sex

relationships there is likely to be a greater

reluctance in opening up about the issue.

or call 0116 283 2225

Lincoln: EDAN Lincs Domestic Abuse

Service; https://edanlincs.org.uk or call

01522 510041

Nottingham: Juno Women’s Aid;

https://junowomensaid.org.uk or call

Freephone 0808 800 0340

Wolverhampton: The Haven;

https://www.havenrefuge.org.uk or call

Freephone 08000 194 400.

“Historically, it’s not men that are seen as

victims of domestic abuse, it’s women

being abused by men, so men or those in

same-sex relationships are less likely to

reach out for help. You just need to

reassure them that you are there to help

and give them the information they need

to access professional support.”

Another major challenge comes when

you are aware that a member of your team

could be an abuser themselves. “If you

hear of someone talking about their

partner in terms that concerns you,

consider telling them what you’ve heard

and saying how unacceptable it is. If you

think there is a danger to their partner, call

the police non-emergency number on 101

to report your concerns.”

The chances are this won’t be an

isolated incident, says Kerrin. “I think it is

likely that the person in question will

already be known to you as a challenging


Another big issue for businesses at the

moment is modern slavery, and this has

similarities with the domestic abuse

agenda. It requires a similar response, says

Kerrin. “Most businesses don’t think

modern slavery is an issue for them, but it

is possible, particularly if you are in the

farming or food sectors where temporary,

transient labour is used to boost your

regular workforce at peak times.

“It’s important your HR policies

consider modern slavery. If you use

contractors, you have a responsibility to

them. Check on their welfare. If they are

staying in temporary accommodation on

your land, which is common in the

farming sector, make sure you check it’s

suitable. Even if you’re not providing the

facilities, you have a responsibility to

make sure they are habitable.”

It’s important to remember that you’re

not expected to fix the problem of

domestic abuse, Kerrin says. Rather,

“you’re being alive to it and making your

employees know that there is a safe space

in which they can talk about what’s going

on in their lives. Your office could be the

only sanctuary in which a domestic abuse

victim can talk about their fears; make

sure you are listening.”

• In addition, every local authority has

a domestic abuse helpline which will

provide guidance and support.

If you believe someone may have

come to harm, or want official advice,

contact the police on the nonemergency

number, 101.

If you believe they are in immediate

danger, contact the police on 999.



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

Technical briefing: Finance

Ian Priest has a timely

warning over CBILs – the

Government’s Coronavirus

Business Interruption

Loans – as they become

due for repayment

Just before 11.40 pm on January 14, 1912

the Titanic’s look-out yelled “iceberg dead

ahead.” The rest, as they say, is history.

We will never know how different the

outcome would have been if the iceberg

had been spotted earlier or if a different

course of action had been taken. Some

suggest that hitting it head-on rather than

trying to turn and taking a glancing blow

would have left the ship severely damaged

but still afloat. Who knows?

What’s the link with directors in the

Midlands? Well, there is a warning of ice in

the near future and wise business owners/

managers should be looking out for it, as it

could have serious consequences.

Government-backed Coronavirus

Business Interruption Loans (CBILs) were

granted with a six-year term. In September

last year, when it was clear that the

pandemic was not going away anytime

soon, it was announced that loans could

be extended beyond the original term to

reduce the burden on businesses.

For smaller businesses this appears to

be pretty much a flexible option and

lenders will be getting in touch with

customers just before repayments are due

to start with a range of flexible options.

For the larger CBILs, however, the

position is far less straightforward.

The British Business Bank website says:

‘A term extension beyond 6 years, up to a

maximum of 10 years for existing CBILS

facilities, can be made in connection with

the provision of forbearance relating to the

facility, at the discretion of the lender if

within its usual forbearance policies.’

So where, you may be asking, is the

iceberg lurking in that statement?

It’s in the word ‘forbearance’

The customer has to ask the bank for

forbearance and has to prove need.

In effect, the client has to tell the bank

that they are very likely to default on the

loan if the term is not extended.

I understand from at least two lenders

that forbearance and therefore extension

of the term cannot be handled by account

managers; it will only be available from

the experts in ‘Special Measures’, in other

words, the ‘bad bank.’

This means customers will be looked

after by the teams that specialise in getting

the bank’s money back. At the very least it

means providing lots of data to the bank

Warning: Iceberg

dead ahead –

and it’s called

forbearance !

on performance of your business every

month and at worst, that they will start

recovery processes.

CBILs had no personal guarantees

below £250k and were restricted to 20 per

cent above £250k and supporting security

over your home was not allowed. But that

is not the full picture either – another

potential iceberg looms.

What if the bank had pre-existing

security – guarantees and charges over

your property? These will almost certainly

be ‘all monies’ securities which means

they can be applied to any and all money

owed to the bank. Will the bank manage

the recovery in such a way as to maximise

what they can claim? Yes, they almost

certainly will.

The Government 80 per cent guarantee

is 80 per cent of what is left after the bank

has recovered everything it can from the

company / security – it is not, and never

was, 80 per cent of the loan.

You may have the right to request an

extension to your CBILs but I would

strongly suggest that you need to think it

through very carefully before you do.

So perhaps a different course of action

is called for?

The Government has launched 80 per

cent guaranteed Recovery Loans. On the

face of it these are very similar to CBILs

but do have some differences. There is no

12 month repayment holiday and no



interest-free period – the client must also

pay the arrangement fees. The loans can be

from £25,001 to £10m and can be in

addition to your CBILS and or Bounce Back

loans. The rules around guarantees and

security are the same as CBILs.

The banks will be doing a detailed

underwriting exercise on applications

along with all the expected ID and fraud

assessments. Banks underwriting is geared

towards minimising the risk of loss to the

bank; security, including the Government

guarantee, is and always should be a

secondary consideration. Banks are not

pawn brokers, they lend to businesses that

can afford to repay, not just against the


So if you have a good business, one that

has the potential to grow and recover from

the impact of Covid, a recovery loan could

be for you and help you manage your

future cash flow.

You will need a strong business case and

a good set of forecasts that not only

demonstrate that you will be able to service

all of the borrowings (existing and new)

and that the serviceability is evidenced

even when the forecast is subjected to

stress tests (drop in turnover / increase in

costs / being lockdowned again...)

The main banks are not the only lenders

– more lenders are being approved all the

time so take a wider view of the potential

lenders to support you.

Please be on the look out for icebergs

and take advice in good time; dealing with

lenders is not always easy or straight

forward and having professional support

will help your case.

About the author

Ian Priest spent 31 years in banking

before starting his business as a

commercial finance broker,

assisting businesses to source the

right finance for their needs on the

best possible terms.

He Is Chair of the Institute of

Directors in the Black Country and

has been on both the Midlands

Engine Investment Funds Regional

Advisory Board and the Strategic

Oversight Board.

Ian is a trustee of

Groundwork West

Midlands, which is

part of the

Federation of

Groundwork Trusts.

He can be contacted on


Take professional approach

to your business finance

Julia Leask

A number of businesses still

have a combination of

in-house and outsourced

finance functions. Their

team does the

bookkeeping and credit

control, and an external

accountant does the stuff to

keep them legal (such as the

payroll, VAT, filing annual

accounts, and tax returns).

But the first thing to understand is

that accountancy is not an admin task.

It’s a highly skilled job that is vital for

planning success on solid foundations.

Many accounting tools help but won’t

solve all the issues. All data must be

accurately inputted into any

accounting systems so that the

interpretation is meaningful.

How the right finance function

will empower

You need professionals who share

your core values. By confidently

working together on your business,

you will achieve your personal and

business goals.

• Tracking systems are implemented

so you have a finger on the pulse of

your six to eight key performance


• Your traditional historical

accounting will be enhanced with the

benchmarking of your business

performance, prices, and margins

against others in your sector in


• You will get current management

information in plain English or

pictures, not jargon, so you

understand the explanations as to

what your numbers mean, and you get

it and so can react quickly.

• With a trusted sounding board in

your team, they’ll understand your

pains and help you overcome the


So how do you get your bills paid on

time, put money aside for taxes and

have a highly profitable business?

• Hire the finance function that is

right for you.

• Reap the rewards of an inbuilt

early warning system which alerts

you if anything deviates from

the norm. The controls you

now have in place manage

all issues.

So, relax and benefit

from the three freedoms:

• Money is in the bank to

cover all your business and

personal commitments.

• Your Mind has stopped the

chatter so you can sleep better at night

• By managing your Time, you work

less hours and enjoying that ‘must do’


Now just crack on and get your

action plan done

• If you wait until you feel you have

enough time to devote to this kind of

overhaul, you’ll still be in the same

place this time next year.

• Work out what you really want and

what your goals are.

• Find out if you have the internal

resources to start improving the profit

margin structure and look at the key

drivers behind it.

• Calculate your overall budget and

expenditure for the next week, month,

and year.

Carve out the time now, as the

relatively small investment today will

pay you back handsomely. By keeping

on track the results you want will be

achieved very quickly.

Or you could take a shortcut and

call Julia today on 01926 298829,

Julia Leask FCMA CGMA runs Leask

Accountancy Solutions from Warwick.

She joined the IoD after speaking on

International Women’s Day at an event

hosted by IoD and CIMA.

She is an award-winning

accountant, advisor, and trustee with

senior-level experience in many sectors

(including biomechanics, utilities, IT,

education, manufacturing, technology,

and construction).

As an outsourced CFO she now helps

SMEs achieve their full potential

through bespoke growth plans.



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

Technical briefing

Covid-19: Mergers and

acquisitions disputes

After a period of uncertainty caused by the pandemic,

business confidence is slowly returning, bringing with it

plans to kickstart merger and acquisition. However,

post-lockdowns, a number of new hurdles are waiting to

trip up anticipated deals, says Andy Rudkin, Dispute

Resolution Partner and Solicitor at Nelsons

Following a year of uncertainty, it’s a

natural time for reflection of many

business owners in relation to mergers or

acquisitions completed over the last

couple of years. Those transactions which

had previously felt like a positive step

towards growing a business or diversifying

income, may now appear to be an

additional burden on business finances.

Inevitably, merger and acquisition

disputes will become more prevalent as

2021 progresses. The financial impact of

the pandemic will undoubtedly take hold,

as bank and Government funding reduces

or becomes repayable, coupled with the

continuing obligations to make deferred

payments. So what options are there?

Merger and acquisition disputes as a

result of Covid-19

The transactions themselves are often a

detailed and time-consuming process

involving significant due diligence, careful

consideration of the seller’s performance

and anticipated income over future years,

and detailed negotiations to structure and

agree payment mechanisms for the


In light of the recent pandemic, we are

seeing a rise in cases where the

anticipated income has not met with the

performance requirements, and an

increase in buyers reneging on payment


Buyers are often taking the view that

they have overpaid, while sellers remain

adamant that the agreement requires

fulfilment and are seeking to enforce


Reviewing sale agreements

As disputes of this nature arise, careful

review of the original sale agreements are

the first port of call. While on the face of it,

an agreement was reached to pay a

specified sum of money for the

acquisition, there are often performance


obligations or warranties which may have

been breached.

In particular, we advise buyers to

consider if the seller agreed to certain

performance obligations following

completion. Where they have, and those

obligations have not been met, it is

plausible to dispute future payment

obligations. Similarly, where full

consideration was paid at completion, if

the performance obligations have not

been fulfilled, the seller may be in breach

of contract and liable for repayment.

Breach of warranty claims

There has also been a prevalence of

disputes arising in respect of breach of

warranty claims.

During the transaction, the seller will

often provide documentation such as

management accounts or anticipated

revenue calculations based upon stock

levels, orders by customers and

profitability calculations from

previous years. If the seller

discloses such information to the

buyer, and the buyer relies upon

the information supplied, where

that information later transpires

to be incorrect, a breach of

warranty claim can arise.

This may be as a result of a

seller warranting that the


supplied is

accurate when it is

not, a warranty

that they have

disclosed full



when they

have not, or that they have provided full

disclosure of anything relevant to the

sellers underlying business performance,

when they have not. Again, in those

situations the buyer may be entitled to

pursue a claim.

Payment issues

A seller will also have options available

to them. If the entirety of their obligations

have been fulfilled but full payment has

not been made, we specialise in assisting

the collection of overdue sums, or

negotiating further payment plans which

take into account the uncertain economic

situation, while giving the seller certainty

of future payment. This may be on the

basis of a personal guarantee being

provided, security against assets or

increased interest recovery for further

deferment of the sums owed.

Sellers can also consider whether the

original agreement compels or allows a

buyback of shares, and whether they wish

to enforce such.

Resolution of a merger or

acquisition dispute

There are many situations where a

perfectly profitable business will not

succeed under new management

regardless of economic factors, but that a

hive off or de-merger to the original

parties may result in a financially suitable

resolution being reached to the

satisfaction of both sides.

The recent economic uncertainty has

certainly heightened awareness

around disputes of this nature. It is

important to take a step back and

consider all aspects of the

transaction, which are specific and

tailored to each case, and to take

legal advice as early as possible.

• For advice and

support on mergers

and acquisitions,

please contact Andy

Rudkin on 0800 024

1976 or email him at




Air 30: How a simple commitment

can make a big difference

Directors across the Midlands are being

encouraged to support Midlands Air

Ambulance Charity’s vital lifesaving

work by signing up to its easy payroll

giving scheme during its Air30 30th

anniversary year.

Payroll giving is a simple and taxefficient

way for company employees to

donate regularly to Midlands Air

Ambulance charity through their salary,

while employers can enhance their

corporate social responsibility by offering

the scheme. With the reduction in

fundraising income due to the pandemic,

this is the ideal scheme for those wanting

to make a big difference to a local charity,

with a simple monthly commitment.

For those looking to make Midlands Air

Ambulance their charity of choice, the

donations raised through payroll giving

goes towards the company’s donation,

and the administrative costs related are

tax deductible.

Your employees can choose to donate

as much or as little as they like, and as the

donation is made prior to tax, HMRC will

increase the amount donated at no extra

cost. For example, a £10 donation will cost

the employee just £8, and HMRC add in

the difference.

To allow for the scheme to take place,

companies can simply sign up with a

HMRC-registered payroll giving agency

and advertise the opportunity to

employees. The payroll department can

then send the donations to the chosen

payroll giving agency, who will handle the

transfer of funds to Midlands Air

Ambulance Charity.

Pam Hodgetts, corporate partnerships

manager for Midlands Air Ambulance

Charity, said: “Payroll giving is a straightforward

way for directors to involve

employees in their corporate social

responsibility, and a cost-effective

approach to increasing the donations

made to our lifesaving service.

“We’ve already had positive feedback

from those who have chosen to get

involved, and I’d encourage anyone to

help support our vital medical emergency

service across the six counties we cover, by

looking into payroll giving as a regular

opportunity for their employees.”

n For more information on supporting

Midlands Air Ambulance Charity

through payroll giving, follow the

organisation on social media, see the

advert on page 11 or visit



IoD Midlands Events

The Great British ‘Snap back’, what

does it mean for our mental health?

Date: Tuesday 20th July, 10am - 12pm

Venue: Online; Cost: Free

As we adapt to a whole new way of

working, many individuals are struggling to

‘snap back’ to the life they led before the

pandemic struck in 2020. New workflows

and routines now exist, and don’t even get

us started on returning to the office!

So how does this impact on our mental

health as directors and how can we ensure

we are supporting our employees needs?

To answer these questions, join us for an

interactive networking workshop solely

focused on developing your understanding

of a mentally healthy workplace culture

within your organisation.

Three industry experts will discuss:

n What mental health means and how

you can protect it in yourself and others

n How to take a holistic and employeefocused

view on returning to work,

including how to establish what great looks

like for both employee and employer.

n How to champion the change by

implementing a flexible and sustainable

return to the office plan while maximising

your company’s growth.

n How this important topic relates to

employment law and HR.

Our experts are:

Peter Wingrove, the CEO of Shawmind,

who will be educating us on what mental

health means and how we can protect it.

Joanne Bekis, mental health member

instructor at Summit, who will discuss how

to implement a flexible and sustainable

return to the office plan.

Ella Sheppard, solicitor at Nelsons, who

will help business owners understand the

legal implications around mental health in

the workplace.

This event will be hosted by Alexandra

Slack of The House of Lifestyle Management

and the IoD Regional Ambassador

(Connect & Events).

We will be using her new virtual event

software, which is revolutionising the way

we network online! It will be key to giving

attendees the chance to discuss all the

issues raised during the session with all


n Event hosted by The Circle Club.

Click the IoD logo to book.



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

Technical briefing: Business support / Climate change

Business Gateway Growth Hub

advisers: (l-r) Russell Pacey,

Altaf Ahmed, Aruna Bhagwan,

Matthew Bateman

Asking for help is a sign of

strength, says Business Gateway

After a year like no other, the proverbial

light at the end of the tunnel has broken

through for Leicestershire’s business

community, with confidence improving

and investment intentions on the up.

The Business Gateway Growth Hub,

which supports Leicestershire’s small and

medium-sized businesses, has been right

there with many of them during the Covid


The Business Gateway team which has

10 business advisers (many of whom have

run their own enterprises) are keen to

continue supporting as many companies

and sole traders as possible, not just

during the hard times. This includes the

area’s micro-businesses, new

entrepreneurs (whose emergence is one of

the positives to come from the crisis) and

those with ambitions to embrace new

innovations as well as companies looking


to develop strategies to cut costs and

carbon emissions.

For those unfamiliar with the Business

Gateway, it is one of 38 growth hubs

across the UK made up of public and

private partners, funded by government

and the European Regional Development

Fund. It is dedicated to helping businesses

of any size or sector develop and grow.

From quick questions on available

funding to providing a full business review

and ongoing guidance, mentoring or

coaching, the Business Gateway provides

a tailored approach depending on the

needs of the business owner.

One of its key benefits is saving time for

busy people. In a crowded business

support landscape where there seems to

be so much help and support available, it

can be difficult to know who to talk to or

what is particularly relevant if you have a

business based in Leicester or

Leicestershire. Through alreadyestablished

networks and relationships,

Business Gateway advisers can provide

support and signpost them to other

relevant help they might need.

The advisers also have an array of

webinars and events they can offer,

organised by the Business Gateway events

team. These are designed to fill any gaps

in knowledge or help business owners

learn new skills to improve efficiency or

become more resilient. This could be

related to financial forecasting, business

planning, developing sales strategies,

leading or managing people, reaching new

customers through marketing and more.

Their programme of webinars is offered at

different levels, from the beginner or

‘getting started’ stage to the more

in-depth action-planning workshops


In a crowded business

support landscape it

can be difficult to know

who to talk to...




There’s strength in asking for

help and it’s no different in

business... getting an external

perspective and having someone

to bounce ideas off is invaluable


where there is much more interaction and

sharing of best practice.

Though improvements in the economic

climate are visible and there may be less of

a panic now, challenges continue for

entrepreneurs across Leicestershire

including cash flow, a hike in raw material

prices or navigating the steep learning

curve for trading in the EU.

As well as support from a business

adviser, the Business Gateway also enables

business owners to learn from others

through the Peer Networks programme.

Through interactive action learning guided

by a sector expert, SME business leaders

work with a small group of others to share

ideas and create solutions to problems they

face; all in a safe, confidential environment.

Senior Business Adviser Manager, Russell

Pacey supports businesses in Leicester City.

He said: “There’s still a misconception that

asking for help is a sign of weakness or

failure, but this couldn’t be further from the

truth. There’s strength in asking for help

and it’s no different in business. I’ve talked

to many owners and leaders and one of the

main things they say is that getting an

external perspective and having someone

to bounce ideas off, especially if you are a

micro or small business, is invaluable.”

He added: “For Leicestershire

businesses, that support literally is one

phone call away.”

Access support

For more information call 0116 366 8487,

visit www.bizgateway.org.uk and/or sign

up to the newsletter for business support

news, funding options and events at


• The Business Gateway is part-funded

by the European Regional Development

Fund (ERDF) and the Department for

Business, Energy & Industrial Strategy

(BEIS). It is delivered in partnership with

Leicester City Council, Leicestershire

County Council, East Midlands Chamber

(Derbyshire, Nottinghamshire,

Leicestershire) and the Leicester and

Leicestershire Enterprise Partnership

Limited (LLEP).

A business opportunity

like no other

The IoD is proud to have launched its

Sustainable Business Hub, which will

bring together sustainability-related

events, news, educational content

and other initiatives occurring across

the IoD community into a single,

easily searchable location.

It will also support directors in the

adoption and management of

sustainability policies, and provide

information, value and support to

members in relation to CSR issues

and practices.

Through relevant unique content

and special events, the IoD’s

Sustainable Business campaign will

shine a light on CSR, with focused

material covering ethical, financial,

societal and environmental factors.

Working with our own Information

and Advisory Service, as well as a

team of sustainability experts from

across the field, our pledge is to

provide you with access to the latest

advice, best practice and other useful

resources, as well as experiences of

Join the UK Government’s

Business Climate Hub

Businesses of all sizes around the UK

are committing to do their bit to cut

carbon emissions and protect the

planet. The UK Government has

partnered with business owners and

respected climate groups to help you

join them.

How could your business

make a difference?

No matter how small your business

or what industry you’re in, your

commitment could make a real

difference – to the planet, to your

customers and to your running costs!

Even the smallest businesses produce

carbon emissions – it could be through

your building, your vehicles or your

supply chain. The Government is

other business leaders.

At the same time we are also

committed to our own sustainability

journey and have been certifying our

carbon footprint with Planet Mark

since 2019, with a commitment to

reducing our environmental impact

each year on the journey to net zero

before 2050 in line with the Paris

Climate Agreement.

We want to support our Members

on their own path towards the future

of business sustainability.

Join us: see https://www.iod.com/

news/sustainable-business for more


asking you to take the first step on

your journey, by committing to cutting

those carbon emissions in half by 2030

and to reach ‘net zero’ by 2050. Net

zero means that you are putting no

more carbon into the atmosphere than

you are taking out of it.

Help on hand

Take the first step; there are loads of

tools available to help you track your

emissions and make key changes now.

It may be switching your energy

supplier to renewables only, running a

zero-emission vehicle fleet, making

sure your buildings are insulated

properly or minimising waste.

Find our more at https://




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

Technical briefing

Helping small businesses

to survive and thrive


been working with the Chartered

Association of Business Schools to deliver

a specialised Government-funded

programme for leaders of small and

medium-sized businesses.

Called the Small Business Leadership

Programme, it has supported senior

leaders from across England to enhance

their business’s resilience and recovery

from the impact of Covid-19, and develop

the potential for future growth and


The online programme was fully funded

by the Government as part of a £20 million

package aimed at helping small

businesses in the long term, with the value

of support participants received estimated

to be worth £5,280.

At Nottingham Business School,

Nottingham Trent University, over 130

SMEs from around England were

welcomed onto their Small Business

Leadership Programme. Interestingly,

several of them have been well established

companies looking to instil enthusiasm,

new ideas and new ways of working

during a tough time for business. What’s

more, many had not previously worked

with a university to support their business,

and all had been affected by Covid-19 in

some way.

Mike Hunter is CEO at Better

Languages, a Nottingham translation

company that’s been working with

retailers and UK exporters on

multilingual packaging and

communications since 1983.

He said: “The business has been

through a lot of change in the last few

years. We sold our offices three years ago

and went online, with staff working from

home. That now feels like a very wise

move, in light of Covid-19, but when I

joined the Small Business Leadership

Programme, we were facing the challenge

of how to win more business and improve

turnover, in a pandemic and post-Brexit.

“The sessions on marketing were

particularly helpful and enabled us to

think more clearly about our sales and

marketing strategy. We’ve recently

launched an updated website and are

working on a number of projects to

generate new business.

“It’s early days, but we’re seeing an

upturn in enquiries and sales, especially

from the US and Ireland.

“Personally, I was feeling very stale,

having worked in the business for so many

years. The programme has helped me to

generate new ideas and think more

strategically. I would definitely

recommend it to other senior managers.”

Rita Chandarana, owner manager of

Eventologists, a corporate events

production company in Leicester, joined

the programme after her business was

put on hold by pandemic restrictions.

“There are very few structured training

programmes for small business leaders, so

the programme was a great chance to

surround myself with other like-minded

owners and managers, go back to the

fundamentals of running a business and

look at things differently.

“Covid-19 has hit the events industry

particularly hard but when we can

re-open, I’ll be opening at a much more

efficient level with a stronger foothold in

the sector.

“I knew I needed to focus on my

business proposition and brand story and

was already working with a marketing

agency, but the programme has given me

the confidence to know I’m making the

right decisions and put my ideas into

action. We’ve relaunched our brand and

it’s already clear that clients see us

differently and want to give us more

serious, impactful work.

“The HR sessions have also helped me

to grow as a manager and learn how to be

more direct and straightforward. It can be

lonely at the top so having the support of

the programme and other business

leaders has been invaluable.”

The Small Business Leadership

Programme was delivered by a

consortium of business schools accredited

by the Small Business Charter and

supported by the Department for

Business, Energy & Industrial Strategy.

I know I needed a new focus...

the programme has given me the

confidence to know I’m making

the right decisions


The experience illustrated by these

participants shows that, even though the

programme has to be managed alongside

running a business, the participants have

been able to reflect on their leadership

and management approaches, and take

on board some new ideas, and new energy!

IoD Member, Dr Lynn Oxborrow,

Associate Professor in Management and

leader of NBS programmes to support

SMEs said: ‘the SBLP has brought together

a thoroughly diverse group of small and

medium sized businesses, and provided

their leaders with high quality knowledge

and practical tools to take away, as well as

an inspiring opportunity to share

experiences and spur each other along. For

long established SMEs, this can mean overcoming

inertia and gaining a new lease of

life. Covid-19 has caused many SME leaders

to rethink what they do, and our

participants demonstrate how this opportunity

can be captured - with a little help.’

The programme is about to be

superseded, across the UK, by Help to

Grow: Management, a new UK

Government-funded programme in which

participants attend 12 two-hour webinars

over three months, and complete up to

three hours of independent and peersupported

learning per week, covering

topics including finance, marketing and

branding, digital adoption, innovation,

operational efficiency, and developing an

action plan to support their growth.

Find out more at our Information

Session on 19th July.

Book your place

by clicking

on the logo.



Employee Ownership

Trusts: making

sure you get it right

More business owners are considering selling up to their

employees. Holly Threlfall, Associate Partner & Corporate

Solicitor at Franklins Solicitors LLP considers the option

In September 2014 the UK government

introduced the concept of an Employee

Ownership Trust (‘EOT’) as a means of

encouraging employee ownership of


Many of us are familiar with the concept

of employee ownership – with a large

thanks to the John Lewis and Waitrose

Partnership, which is one of the best

known examples in the UK of an

employee-owned business. Indeed,

interest in establishing an EOT has grown

in recent years. However, the devil is

always in the detail and if you are

considering this route there are some key

factors that you should consider before

going down this route:

• You have to be absolutely sure that

you are ready to give control of your

business to employees.

An EOT structure differs substantively

from a more common ‘management

buy-out’ (‘MBO’) as it is for the benefit of

all employees. With an MBO usually it is a

few core and key employees who are ready

to succeed you and a structure is adopted

to facilitate that. With an EOT, one of the

core criteria is that all employees must

benefit, with limited exceptions. This will

need to be reflected in the Trust Deed and

an employee council should be

established to have representation on the

board and guide the company moving


• Will you retain a shareholding and, if

so, how will you be protected as a

minority shareholder?

While it may be common not to sell all

of your shares and to retain a small

interest, one of the requirements of an

EOT is that the trust has a controlling

interest in the company. This means that

you go from being a majority shareholder

in control of your own company and

destiny, to a minority shareholder in what

was ‘your’ company.

This can be a difficult transition and it is

important when negotiating the

documentation to establish the EOT that

you consider what residual protections

there are for you as a minority, whilst

treading carefully not to compromise the

trust’s control and your tax position.

• How and when will you be paid?

As with any transaction, your company

will need to be independently valued and

sold for market value to the trust.

However, it is unlikely that the trust will

have the money on day one which is

required to buy you out (as you may

expect a traditional buyer to do). The rules

around establishing an EOT prohibit you

from taking security, therefore you have to

work closely with the trustees and your

company’s financial advisors and

accountant to establish a payment

schedule that is realistic and affordable for

the EOT, taking into account the

company’s income.

• Do you qualify and have you got the

necessary clearance?

While there are tax benefits associated

with selling to an EOT, you need to ensure

that your company satisfies the relevant

criteria, that your transaction is properly

structured and that you have the

necessary clearance from HMRC before

proceeding. Otherwise, these benefits

could be compromised and you find

yourself facing an unexpected tax bill.

Ultimately, setting up an EOT is an

exciting prospect which gives back to your

employees, incentivising them while

realising your own gain and hard work. As

an exit strategy, it can be a great option

but it is fundamental that you ensure you

work with a team of experienced advisors

to make sure that it is not only the right

decision for you, but that the structure of

the transaction is sound and your

expectations realised.

If you would like to know more

about EOTs and the process

involved, please don’t hesitate to

contact Holly Threlfall on 01604

828282 or by email at




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


The IoD

Helping you Connect, Develop

and Influence

Did you know as a full IoD member* you get...

Free business advice,

research and information

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

Business Information

25 enquiries to the

Business Information


As an IoD member, you have access to top professional

researchers through the IoD Business Information service.

They can provide you with valuable information on topics

ranging from market forecasts and industry trends to trading

abroad and employee salaries.

Key details

1. Free and exclusive service to you as an IoD member

2. Accessible from all over the world by email or phone

3. Up to 25 enquiries* per calendar year with 30 minutes of

research time on each occasion

4. Bespoke answers within 24 hours or soon thereafter during

exceptionally busy periods

*According to your membership package

Four sessions with our

business advisers

Directors’ Advice

25 calls to our legal

helpline and 25 calls to our

tax helpline

No matter how well connected you are, sometimes you need

independent and confidential business advice from a specialist.

The Directors’ Advisory Service provides IoD members with just

that, free of charge. Our expert advice covers issues from raising

finance to board appointments and shareholder disputes.

Key details

1. Exclusive to IoD members

2. Free, independent & confidential advice on a vast range of


3. Advice is given by appointment either in a face-to-face

consultation at 116 Pall Mall or over the telephone, depending on

adviser availability

4. Up to four appointments per calendar year, 30-45 minutes


* Full Members have full access to IoD Business Information and Advice services.

Associate members have access to our digital business library, guides and archive of research and reports only.

Policy Voice

Make your voice heard on key business

issues: join the IoD Policy Voice team.

See https://www.iod.com/news/


Latest campaigns and news, see,



Support for you and your business

The IoD is proud to launch its new Sustainable Business Hub. It brings

together all the IoD’s sustainability related events, news, educational

content and other initiatives occurring across our community into a

single, easily searchable location.

Check it out now at:



IoD Members’

Professional Benefits


The IoD has a host of carefully chosen, specially

negotiated discounts on key services for IoD members

The Professional Benefits Programme

covers a range of products and services

that we know add value to your IoD


Professional Indemnity Insurance

Ensure you are protected against claims

from unhappy clients.

Office Insurance

Save five per cent on policies covering

you against damage on your business

premises, such as through flooding or


Cyber and Data Risks Insurance

Save five per cent on policies protecting

you against data breaches, viruses and

other attacks from hackers.

Personal Private Health Insurance

10 per cent discount on Bupa By You

health insurance

Car and Van Hire

Save 10 per cent on global car hire and

get free membership of Hertz’s VIP

Non-executive director jobs

and recruitment

In association with Nurole, we’re

helping IoD members to find their next

board-level role or their next boardlevel


Nurole is changing the way boards

hire great people. Their tech-driven

membership scheme, the Gold Plus

Rewards Five Star

Home and Contents Insurance

Save 12.5 per cent for life of our policy.

Private Client Insurance

If you have a high-value home and / or

contents, this IoD offer can save up to

five per cent on bespoke insurance cover

in the first year.

International Payments

The IoD’s International Payments

Service, provided by WorldFirst, has now

expired. Call the IoD membership team

on 020 7766 8866.

Busines Sales, Acquisitions and

Strategy Services

Whether you are buying or selling a

business, careful preparation and

expertise is critical to success. Find out

how the IoD can help.

To access all of these

discounts and services,

click the IoD logo right.

platform works better for organisations

and candidates, with an 85% placement


See https://www.iod.com/services/


116 Pall Mall update

The IoD’s iconic London headquarters,

116 Pall Mall is now open for meetings

– all in line with government guidelines,

of course.

Tables must be booked in advance.

Members and non-members can also

book a socially-distanced meeting room

for larger numbers.

For more details, click on the

logo right

A London address,

courtesy of the IoD

Raise your company’s profile with a

prestigious London address at 118 Pall Mall.

Do you need a central London office address

but you don’t want to pay for a physical space

with ever increasing rent? Do you want the

mail and call handling to be the least of your

worries? IoD Virtual Office can offer you and

your business all of that and so much

more! Click the logo right for more


Useful links

The IoD website has a host of interactive

guides to the latest support packages

available, as well as advice and recent

webinars on a host of topics that can

help business leaders plan a route

through the pandemic. To see the latest

information on any of the topics below,

simply click the IoD logo:

IoD Online: Upcoming and

past webinars

IoD Centre for Corporate

Governance: An introduction

IoD policy work: Traffic light


IoD interactive guide:

Support for SMEs

IoD interactive guide:

Support for Directors

IoD interactive guide:

Support for Self-employed

For more on IoD services, see www.iod.com



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

IoD Ambassadors

IoD: Working for you

across the Midlands

The IoD across the Midlands has

reorganised its structure to better

reflect regional priorities and improve

members’ identification with their

local branch.

The move towards a more localised

structure mirrors central government

experience with the creation of Local

Enterprise Partnerships (LEPs).

In the West Midlands, the four

branches are:

IoD Greater Birmingham

IoD Coventry & Warwickshire

IoD Worcester & the Marches

IoD Black Country & Staffordshire

In the East Midlands, the three

branches are:

IoD Leicestershire & South

IoD Greater Lincolnshire & Rutland

IoD Derbyshire & Nottinghamshire

Each branch is run by a volunteer

committee, headed by an

experienced Chair.

In addition, we have created

Ambassador roles to act as a focal

point for key issues, under the



Ambassador – a PR, media and

marketing expert who will help us

better CONNECT with members.

Chartered Director Ambassador – a

Chartered Director who will support

members to DEVELOP their skills as


Governance and Policy Ambassador

– a well-connected member who will

manage branch governance, connect

members and enable them to

INFLUENCE the national agenda.

Here we introduce you to some of the

IoD members in these roles, and

signpost opportunities for you to get

involved with the IoD team and make

more out of your membership.

IoD East Midlands

Regional Chair: Gary Headland

Regional Ambassadors

Dr Craig Marsh

Carole Harvey

Andy Leask CDir

James Pinchbeck

Peter Watson

Clive Bridge CDir

Alexandra Slack

Paul Burrows

Skills & Education

Diversity and Inclusion

Chartered Director &

Professional Development

Policy and Governance

PR & Communications

Manufacturing and Engineering

Connect & Events

Cyber Security

Greater Lincolnshire & Rutland

Michelle Allison Vice Chair

Louise Malcolmson Skills and Education

Emma Olivier-Townrow Diversity and Inclusion

Richard Wills

Policy and Governance

Kate Strawson


* Currently on maternity leave;

Emma Van Nieuwenhuijzen covering

John Hebblethwaite Financial Planning and

Wealth Management

Tom Marsden

Defence and Vice Chair

Mike Simpson


Graham Harrison Digital

Craig Topley

Construction and Engineering

Kerrin Wilson QPM Co-opted Branch Ambassador

Policing and Criminal Justice

Meet the IoD Ambassadors. On these page you

will find short biogs on some of our

Ambassadors. More were introduced to members

in the Spring issue of this magazine.

Derbyshire and Nottinghamshire

Dr Rona Mackenzie Chair

Paul Eele

Vice Chair, Branch

Ambassador, Skills and


Stacey Green Diversity and Inclusion

Julie Pomeroy Chartered Director and

Professional Development

Greg Simpson Marketing and


John Jennings Employee and Business


Lindsey Newman-Wood

Innovation & Creativity

Phil Webster Business Improvement

Peter Wingrove Mental Health & Wellbeing

Sam Kirk


Leicestershire and

South East Midlands

Sarah Canning

Shamir Ghumra

Gareth Thomas

Rhiannon Stafford

Craig Bentley

Nicola Moss

Mark Eydman

Kyra Williams

Adrian Pryce

Branch Chair

Vice Chair

Skills and Education

Diversity and Inclusion

Policy and Governance

PR & Comms

Employee Engagement

Digital & Creative Ambassador






Clive Bridge

A Chartered Director and

Fellow of the IoD, Clive has

a wealth of Board

experience across Midlands

based manufacturing and

financial services businesses, including

Toyota and Wesleyan, a financial services


Currently director of Virtue Business

Services, a start-up company focussing on

helping SMEs securing contracts and

building sustainable businesses, he is also

mentor and lecturer on the Nottingham

Business School MBA programme.

Peter Watson

Peter Watson is

managing director

and co-Founder

of Distract, an

innovative and


marketing agency based

in the Lincoln. Distract offers paid search,

paid social and digital PR services as well

as an in-house creative team that

encompasses web design and


Peter is also

Managing Director

of Featured, a seed

fund incubator


specialising in

helping start-ups


Carole Harvey

Carole has held senior roles at Boots,

Staffline Group and Halfords, where she

has been a consistent champion of

diversity, believing that companies with a

diverse workforce and leadership team

out-perform their rivals.

Currently she has her own business,

Nous Consulting, as well as roles

mentoring FDs and CEOs. Carole also

guides Mastermind boards for the IoD.

Carole is also a trustee at a number of

charities supporting young people.

More East Midlands

Ambassadors, and

news of IoD West

Midlands: see overleaf

Let’s celebrate the

power of connection

by Alexandra Slack

Over the past year, the landscape

for events has drastically

changed. In the technological

era that we live in, we have

been able to adapt well to live

both personally and

professionally in the virtual

world that Covid-19 has


For some, this will have created

many positive opportunities for

business as people have realised that they

don’t have to meet in person or even be

on the same time zone to network,

connect and do business.

Having said that, I’m sure many of you

are missing the human interaction we get

from face-to-face meetings and events

and are looking forward to getting back

into the swing of things in person, myself


Perhaps I should introduce myself: I am

Alexandra Slack, the IoD East Midlands

Regional Ambassador (Connect & Events).

I like to help members connect with each

other and make sure that they have great

events to attend.

I will be supporting Cari Grice, Branch

Manager of the East and West Midlands,

in the events that she puts on for the IoD.

I am also the founder and MD of The

House of Lifestyle Management, a luxury

lifestyle business (now in its third year of

business), which supplies household staff,

VAs/PAs, a concierge service and private

and corporate events.

In addition I am the founder and CEO

of The Circle Club, a private members

business club that currently operates in

the East Midlands. I focus on coaching

and speaking on time management,

networking and lifestyle maximisation

and manifestation.

My main goal is to help people meet

and collaborate with others. I strongly

believe in the power of connection and

reciprocity to achieve our full potential

both personally and in our

business lives.

I have an extensive career

background in events

management, charity

management and

fundraising and networking

creation, and I guess this is

why I was approached by Gary

Headland to join the IoD, to help

members connect better and

support with events.

With that in mind, I want to know how

you perceive working with clients and

other members moving forward. Do you

aim to meet in person for one-to-ones and

events? Would you prefer to keep them

online? Or would hybrid events be the

best way to satisfy everyone?

Please let me know. Remember, this is

YOUR membership, and we want to make

sure that you are getting what you want

out of it!

Follow the QR Code

here and fill in the survey.

We want to establish

how you would like to see

events being organised going forward.

This will hopefully shape the way IoD

Midlands will run moving forward, and we

want to make sure that your voice is


If you have any ideas for events, or want

to host your own event, feel free to

connect and get in touch. I look forward to

hearing from you.

Contact me at

Email: alex@thehouseoflm.com

Tel: 01664 784011



IoD Ambassadors: Want to get involved?

We are currently seeking the following Ambassadors:

Policy & Governance: Derbyshire & Nottinghamshire

Chartered Director and Professional Development: Leicestershire &

South East Midlands and Greater Lincolnshire & Rutland

• Logistics and/or Agrifood: Greater Lincolnshire & Rutland

Contact cari.grice@iod.com for more details



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

IoD Midlands Ambassadors

Working for you across the Midlands

IoD East Midlands




Dr Rona Mackenzie

Rona spent 20 years in education,

working in six local authorities in an array

of roles including, in 2013, being

appointed as the founding Principal of

Lincoln UTC.

In 2021 Rona joined KryptoKloud, an

innovative cyber security company, as

Director of Business Development.

Rona is delighted to take up the

voluntary Chair role for the Derbyshire &

Nottinghamshire branch.

Sam Kirk

Young Director

Ambassador Sam is

Managing Director

of J-Flex, a secondgeneration


business supplying

industrial rubber products.

Since his appointment in 2018, Sam has

rebuilt the senior leadership team and

introduced an ambitious new vision and

strategic plan which has provided the

company with clarity and focus.

Phil Webster

As IoD Ambassador

for Business

Improvement, Phil

brings with him a

wealth of operations

and technology

experience, having had a

successful executive career leading

operations teams in global organisations.

He combines providing fractional

(on-demand) COO services to growing

businesses with pro bono work for several


John Jennings

John helps business leaders to engage

their people, their business and

themselves to achieve extraordinary

results. A coach, trainer, mentor and

people developer, John is an expert in

employee engagement, culture change,

governance and leadership style.

John’s career over 35 years in both the

public and private sector has seen him

hold senior operational and executive

board-level roles for a range of highly

reputable UK & US businesses as well as

leading the internationally renowned

Curve Theatre’s operations in Leicester.

Lindsey Newman-Wood

Lindse set up Passion

Marketing in 2011,

building on her

experience as a

marketing &


consultant, trainer and

speaker. She has a long

history of providing outsourced marketing

and innovation director services for

organisations and ambitious business

owners across the UK. Lindsey is the IoD

Ambassador for Innovation and the

Derbyshire Region.



Michelle Allison

Michelle Allison is the

Chair of the

Lincolnshire &

Rutland Branch and

Vice Chair of IoD East

Midlands. In her day

job she is Chief

Executive of the

Lincolnshire & Rutland

Education Business Partnership. Michelle

has held senior roles in local and national

IoD West Midlands Chairs and Ambassadors

Black Country & Staffs

Ian Priest

Branch Chair

Paul Wood Connect

April Pearson-Myatt Influence

Jackie Casey Diversity & Inclusion

John Phillips Develop:

Education & Skills

Peter Suddock Influence: Tourism

& Visitor Attraction

Richard Bisiker Develop

Roger Fairhead Connect: Staffs & Stoke

Worcester & the Marches


Branch Chair

John Painter Influence

Michael Doolin Diversity & Inclusion





Coventry & Warwickshire

Dean Kavanagh

Zeynep Turudi

Paul Fairburn

Jenny Bettany

Denise Taylor

James Holden

Abid Khan

Greater Birmingham

Branch Chair

Connect: Trade/Export


Education & Skills

Diversity & Inclusion


Develop (CDir)

Commonwealth Games

Opportunity, Legacy &

Communities Ambassador

Andy Wilkinson Branch Chair

Gary Simpson Connect

Trudi Beswick Diversity & Inclusion

Paul Hooper-Keeley Develop



Yiannis Maos Technology

Russell Jeans Governance/Influence



government and the third and private

sectors and is passionate about making the

connect between education and skills and

economic growth and development.

Emma Olivier-Townrow

A consultant within

the creative, education

and hospitality sector,

Emma is passionate

about improving

outcomes for business,

communities and

families within the

Lincolnshire area. With a background in

extensive early years education, teaching,

lecturing, training and business

development, Emma acts as a driving force

for positive change.

Richard Wills

Richard spent 44 years in local

government, completing his career as

executive director for the Environment &

Economy and Interim Chief Executive of

Lincolnshire County Council where he was

responsible for effective governance and

the legality of the Council’s actions.

He is now the non-executive Chairman

of TransportConnect Ltd, a council-owned

passenger transport business, and a

non-executive director of the Lincolnshire


Graham Harrison

Graham Harrison is group director of IT,

information management and projects at

Lincoln College Group and has

responsibility for the IT, technology, data

and information in the UK and

internationally. Graham also has external

roles as Digital Ambassador for IoD

Lincolnshire and as a committee member

of the Lincolnshire Cyber Security Forum.

Craig Topley

Craig is a highly


Executive Board

Director with a history

in the construction,

engineering and utilities

industries over the past 29


He has managed large national and

international projects, having spent time

in the Middle East on the Management

Team of a Mega Civil Engineering

infrastructure project.

Mike Simpson

Michael Simpson is the Ambassador for

Health for the Lincolnshire & Rutland

Branch. He is the Associate Director for

Strategic Development and the lead

Director for the Urgent and Emergency

Care Capital Reconfiguration Programme

at Northern Lincolnshire & Goole NHS

Foundation Trust.

He has also held senior roles in local

Sustainability Transformational

Partnerships as well as local and national


Michael is proud to be a part of the

Lincolnshire & Rutland Branch and work

with a team of experienced ambassadors

who are working hard to ensure that key

areas of focus are taken forward for the

benefit of our members

John Hebblethwaite

John is an experienced financial planner

and expert in wealth management. He is a

UK Associate of the Personal Finance

Society, the life and pensions arm of the

Chartered Insurance Institute, and a

pension schemes specialist.

He brings his over 35 years’ experience

in this field to his role as IoD Ambassador.



Kyra Williams

Kyra has worked in the creative media

industry for over 30 years, with roles in

media production including video editing,

video production, animation and

photography. Currently managing director

of Firetree Visual Media, Kyra creates

media to fulfil creative briefs from

businesses of all sizes. She also offers

training and a consultancy service in

media production and communication.

Adrian Pryce

Bilingual with an MBA from IESE, Spain

and a career spanning banking, tourism,

the food industry and academia, Adrian

has a breadth of international strategy /

business development experience. He is an

experienced NED and a Fellow of the HEA

since 2010, in 2021 he was appointed a

Fellow of the Institute of Corporate

Responsibility & Sustainability.

Yiannis Maos

Yiannis is CEO of

Birmingham Tech,

with over 17 years’

experience in

technology. Previously

the UK Chair for the

Customer Experience

Professionals Association (CXPA), he also

holds a number of board positions

including the WMCA’s Digital Skills

Partnership and Bruntwood Sci-Tech

Birmingham. Yiannis was named Central

England’s Entrepreneur of the Year,

Outstanding Tech Individual of the Year

and awarded a place in the prestigious

Marketing Academy. He is delighted to be

the tech ambassador for the IoD Greater


Russell Jeans

Russell is a Fellow of the Association of

Chartered Certified Accountants. He has

worked his way up the financial and

operational management ladder in a

range of challenging

manufacturing and

service sector

environments, where

he held a number of

directorship roles,

including Greater

Birmingham Chambers of

Commerce. More recently, Russell

founded and became CEO of Sefton &

Associates, a recruitment and

management consultancy.

James Holden

James Holden Dip

IoD, has been in

membership since

2004 and served on the

Coventry and

Warwickshire committee

for a number of years before taking a

break while training to become Bishop’s

Officer to Business Leaders.

James has been Managing Director at

the Leader Marketing Partnership since

1993 and believes that studying for the

IoD’s certificate and diploma in company

direction has had a hugely positive impact

on his professional career.

Abid Khan

Abid Khan is a leader and entrepreneur

in the independent commercial insurance

sector who strives on quality, customer

service and saving businesses money for

their cover.

He is known for connecting and

supporting business people and through

his networks across many different

platforms he has facilitated corporate

events, networking groups, masterminds

as well one-to-one sessions to drive growth

and opportunities. He has supported over

400 businesses within the past five years.

Abid Khan is passionate about social

mobility, coming from an inner city area

of Birmingham himself and holds the

position of the President of the Equality

Council UK as well as supporting James

Brindley School as a Board Member.



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

Events Reports

It’s all systems go for

Birmingham 2022

As part of our IoD West Midlands

Member Event series, we were

delighted to welcome Ian

Reid, Chief Executive Officer,

Birmingham 2022

Commonwealth Games to

talk to members about next

year’s sporting extravaganza.

Excitement is really building

for the Games and Ian gave us a

report on progress to date, the

programme for the next 12 months plus an

early opportunity to see the ticketing

campaign and learn more about business

volunteering opportunities.

It was also a great opportunity to hear

what the Games will bring to the region

economically. Ian explained that previous

Commonwealth Games have provided an

economic boost of between c£800 million

to £1.2 billion for recent host cities, as well

as many social and environmental


Taking place from 28 July to 8 August,

Birmingham 2022 will be a

once-in-a-lifetime opportunity

to showcase the West

Midlands on a global stage.

Ian outlined many ways IoD

members can get involved,

including The Collective

campaign which gives IoD

businesses and staff members a

chance to volunteer and play their

part in the Games.

Ian described the Collective campaign as

“the public face of Birmingham 2022 and

the beating heart and soul of the Games

experience for athletes, officials,

spectators, and a global audience of more

than one billion.”

Follow the story as it unfolds at


• Any members with queries about the

IoD’s Greater Birmingham branch can

contact Andy Wilkinson or Abid Khan via


Meet Perry... the

Birmingham 2022

official mascot

Follow the Commonwealth Games

story and get involved at


IoD Diversity in Leadership Convention

Diverse businesses are only way forward

The challenge of embedding real

diversity into your organisation was

tackled at the IoD Diversity in

Leadership Convention on April 27.

Hosted online by Gary Headland and

Michelle Allison, the event gave speakers

and delegates a chance to reflect on

progress made on the diversity issue – and

highlight those areas in which a lack of

improvements proved the need for a

greater focus. The emphasis was on both

how far we’ve come, but also on how far

we have still to go on this issue.

The convention’s overarching purpose

was to inspire and empower directors to a

deeper appreciation of the benefits of

diversity in the workplace, how it brought

improved results, better engagement with

customers and the communities served

and helped drive innovation and growth.

Directors were urged to develop a

critical self-awareness on the issue and

challenge the conventional thinking

which often holds back real diversity.

There was a strong focus on what and

why: what diversity is, and why it is

important, with a particular recognition

that Millennials and Gen Z thought

differently to older directors, and that for

them, diversity wasn’t something that was

nice to have: it was an imperative and

without it, staff recruitment and retention

would be challenging in the future.

It wasn’t just a moral imperative to have

a diverse workforce: the practical business

case was made, pointing out that without

a workforce that represented every part of

We live in a world where, thank

Heavens, everyone is different

and we need to embrace this...

society, your products and services could

never be accurately aligned to all needs.

Among those helping stimulate the

debate with their own thoughts and

experiences were:

Sophie Turner, Founder of

#YesSheCan, which helps women break


the career glass ceiling and works to

positively impact diversity and inclusion.

Mark Esho, director of Easy Internet

Services and Easy Internet, who has

fought health issues caused by polio to

carve out a notable business career.

Kerrin Wilson QPM, Assistant Chief

Constable, Lincolnshire Police, who is a

strong advocate for BAME and women’s


Debra Charles, founder of Novacroft

and an expert in integrating people,

processes and technology to help

transform organisations.

Kingsley Johnson, managing director,

Kinetic People Development, which helps

organisations embed the psychology of

elite sport in their teams.

David Gordon, Leicester Castle

Business School, who leads on diversity

issues at De Montfort University.

Joe Fitzsimons, head of education and

skills policy at the IoD.

Watch the Convention in full at





The perfect environment to develop

and challenge: IoD Masterminds

What are IoD Mastermind Groups?

Mastermind groups are designed to

provide a support system for directors,

helping you grow as a leader. They are a

place where can you find a group of

people who all know the responsibility of

being a director and who you can speak

candidly with about the challenges of the

position. Leave the sales pitches at home

and come to have real conversations with

experienced directors who can offer you a

different perspective.

How can you join?

You have to be a member of the IoD! To

ensure that members can have candid

conversations, these groups are made up

of non-competing industries and every

meeting is under Chatham House rules.

If you are interested in joining a local

group, please contact Cari.Grice@iod.

com. Potential members are sent to the

group facilitator, who makes sure we build

groups that don’t have members from the

same disciplines/sectors.

How do they work?

Masterminds are currently held via

Zoom but this will change to in-person

events in the future. The dates/times are

set by the facilitator and group and

can be held as frequently as

you wish, but is usually once

a month.

When life is back to

normal, Masterminds will

revert to taking place in

hubs situated where each

These groups

are strictly member

only to ensure there

are no competing


Please contact


for details.

branch is. Discussions are held over a

two-course meal, and usually a glass of

wine, but this can be dependent on the

group’s requirements.

The cost of this is £32 per person.

Are there any rules?

We ask that when attending

Masterminds, you don’t use it as a sales

pitch. We want members attending each

group to be genuine and want to help

with/discuss business queries that

they or members of the group

might have. We also ask that

members, where possible, are

consistent with attending

these meetings, as it helps the

group build a solid foundation

with each other.


In the East Midlands region, we currently have four Mastermind groups: Leicester,

Nottingham, Lincoln and Derby. At present all are run via Zoom but we hope to return to

face-to-face sessions at some point later this year.

The Leicester Mastermind group is facilitated by John Tucker. It is held on the third

Tuesday of every month.

The Nottingham group is facilitated by Carole Harvey.

The Derby group is facilitated by Andy Leask.

The Lincoln Mastermind group is facilitated by John Hebblethwaite.

It is hoped that venues will be confirmed as soon as possible once face-to-face meetings

are allowed.

If you wish to be a part of an East Midlands Mastermind group, please send a short

biography to cari.grice@iod.com.


The West Midlands is currently running three Mastermind Groups: in Birmingham, the

Black Country and Worcester & the Marches. Each one is led by an experienced and

respected IoD member, who facilitates the session.

Ian Priest is the facilitator of the Black Country Mastermind; Michael Donaldson is the

facilitator of the Worcester & the Marches group; and Glenn Cameron is the facilitator of

the Greater Birmingham Mastermind.

The first two groups meet monthly; Birmingham meets fortnightly.

Michael Donaldson said the groups, “have an ethos of sharing collective

knowledge, experience and expertise to address the issues, challenges and

opportunities members bring to the table... no rapid-fire questions and

solutions from people I don’t know, who don’t know me. It’s a relaxed,

friendly atmosphere that helps build respect and trust.”

In addition to these groups, a number of dormant groups plan to

resume their activities after summer.

For a listing of the active groups, IoD members can submit an

application of interest via the IoD website, or for further

information, please contact cari.grice@iod.com

What members say about

Mastermind Groups

“I have been attending Mastermind

events for a couple of years. They are

excellent in a couple of ways. For

those who have a problem they want

advice on, it is a confidential forum,

with uninvolved but intelligent,

experienced people from different

backgrounds and skillsets who can

offer a new perspective on the issue.

For others, it is an excellent way to

develop meaningful business

relationships as it provides scope to

hear new views on a range of topics,

which is a great way to get to know

people ...”

Alexander May, Mastermind group

member, West Midlands



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

IoD Director Development

IoD: Helping you improve as a director

The IoD Professional Director

Series is now available online,

free of charge to members

To help you understand your role as a

director, and future-proof your board and

organisation, the IoD has developed the

Professional Director Series to be

delivered virtually – bringing accessible

and digestible CPD straight to you.

The whole series is mapped to the IoD

Director Competency Framework, keeping

your learning relevant, up-to-date and in

line with your professional development

ambitions. Whether you’re embarking on

the Certificate in Company Direction or

are a qualified Chartered Director, this

CPD series is the perfect accompaniment

– or refresher – to your existing knowledge.

You’ll be part of a group of leaders from

organisations of all shapes and sizes from

across our regions and nations, allowing

you to connect, learn from each other,

share your setbacks and successes, and

encourage each other at the most senior

level during these difficult times.

Our Professional Director Series is now

available complimentary to all full IoD

members including CDir and FIoD.

Find out more at https://www.iod.


Professional Director Series

Leading from

the Chair

Course Dates: September 15, October

14 and November 10

Times: 10am-12 noon

Location: IoD Virtual Development,

Virtual Classroom

Cost: Members, CDir, FIoD, Free

Non-members: £100 + VAT

The role of the Chair in an organisation is

often misunderstood and regularly

becomes confused with the role of the CEO.

It is far more than managing the process

of board meeting execution. Analysis of

successful organisations shows that the

leadership role of the Chair is vital in order

to ensure that the board as a team makes

decisions and discharges its duties

effectively. This session will clarify the

Chair’s leadership role in order to unleash

the value creating potential of the board.

Delegates will be able to:

• Outline the purpose of the Chair

• Describe the skills, attributes and

characteristics of an effective Chair

• Identify how the Chair can add value

both in and out of the boardroom

With special thanks to our Leading from

the Chair sponsor for 2021 - OnBoard by

Passageways. OnBoard is a comprehensive

and secure board management software

that helps you govern more effectively.

More details, contact:

t: 0208 142 9066

e: professional dev@iod.com

IoD Certificate in

Company Direction

Whether you’re a newly appointed director,

aspiring to a seat on the board, or want to

improve performance with fresh insight,

the IoD Certificate in Company Direction,

Level 9 (SCQF) qualification will equip you

with the core knowledge and awareness

needed to function effectively as a director.

The programme covers the key areas of

governance, finance, strategy and

leadership providing you with a foundation

in effective directorship:

n An in-depth view of the role, responsibilities

and legal duties of a director

n An understanding of the characteristics

of an effective board

n Sound knowledge of financial terms

and concepts

n The issues and processes associated

with formulating strategic business plans

and achieving strategic leadership

n Enriched peer learning with directors

across the globe

n A qualification that is respected

world-wide and sits as an equivalent to

degree level

Take advantage of a range of flexible

routes to qualification available across the

UK, featuring a blend of digital and

interactive virtual learning tailored to your

level of experience, prior qualifications,

career aspirations and learning style.

Find out more at https://www.iod.com/




Want to know more

about IoD training and

director development

programmes ?

Our training team are

here to answer your


Call us:

020 7766 2601

or email


Open courses

IoD open courses are delivered both virtually and face-to-face and

have been designed from a director’s viewpoint, covering the wide

spectrum of roles, responsibilities and leadership skills essential for

success in today’s evolving business landscape. They are an ideal

forum for meeting other senior leaders and expanding your

professional learning. ‘Open’ refers to the accessible nature of the

training, available to all IoD members, non-members and guests.

Bespoke training options can also be created specifically for you

and your board. We can deliver any of these courses in-house,

tailored to your organisational needs.

Role of the Director

and the Board*

Duration: Two days

Cost: Members £2,475;

Non-members £2,975

Dates: September 8-9

This is an essential introduction to the

role, duties and legal responsibilities of a

director and the workings of a board. The

training offered within this course will help

you to examine your own professional

liabilities, the board’s role in corporate

governance, and learn how to improve

board effectiveness.

More at iod.com/rdb

Finance for Non-

Finance Directors*

Duration: Three days

Cost: Members £2,745;

Non-members £3,300

Dates: October 6-8

This course, designed specifically for

non-finance directors and senior managers,

will demystify the world of finance, helping

you to assess the financial health of your

organisation in the context of its strategic

objectives. Evaluate business plans with

confidence, question financial information

and contribute more effectively to

boardroom decision-making.

More at iod.com/ffd

Strategy for


Duration: Three days

Cost: Members £2,745;

Non-members £3,300

Dates: November 10-12

Strategic planning is essential for every

board of directors. Explore the relationship

between strategy, governance and risk and

learn how to use tools and frameworks that

support strategic thinking and decisionmaking

to create, implement and futureproof

your organisation’s strategy.

More at iod.com/sfd

Leadership for


Duration: Two days

Cost: Members £2,475;

Non-members £2,975

Dates: September 13-14,

November 29-30

This course will help you to brush up on

the latest leadership techniques based on

real-world leader examples and learn how

to create influence, stakeholder

engagement and impact, with an

opportunity to reflect on and explore your

own leadership style.

More at iod.com/lfd

Role of the Chair

Duration: One day

Cost: Members £880;

Non-members £1,155

Dates: November 23

The chair has a critical influence on a

board’s style, composition, balance and

performance. This course provides you

with the knowledge, skills and tools to be an

effective chair and successfully lead and

develop a board. It gives you an opportunity

to review your role and update yourself on

current good practice.

More at iod.com/rcc

*These modular courses are part of the

Certificate in Company Direction and can

be taken individually or as part of the


All dates given are local Midlands sessions;

Virtual courses will be run at regular dates

throughout rest of year.

See www.iod.com/training/open-courses



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

IoD Director Development

Welcome to

IoD Director



Event: IoD Online Introduction

to the Virtual Certificate

Date(s): September 9, December 2

Time: 9am-11.30am

Cost: Free of charge

This UK-wide event offers a bite-sized,

informative session on how to kick start

your professional development journey

with the IoD.

Have you been considering how you can

enhance your impact and performance as

a director? Do you want to gain the latest

tools and techniques from expert

practitioners who have a wealth of

experience in board rooms across the


If you answered “yes” then this may be

the most useful session you take this year.

We warmly invite you to find out more

about our professional development

programmes and how they are being

delivered in today’s virtual environment.

Whether you’re a newly appointed

director, aspiring to a seat on the board, or

want to improve performance with fresh

insight, the IoD Certificate in Company

Direction, Level 9 (SCQF) qualification will

equip you with the core knowledge and

awareness needed to function effectively

as a director.

As the only institute in the world to offer

qualifications for directors under Royal

Charter, influential figures from business

and beyond continue to recommend IoD

professional development programmes for

Session hosts


Damon Clark was a founder of the

Brandwidth Group an International

Marketing Services business with offices

in Windsor, London and California. An

experienced dealmaker, Damon

specialises in creating new businesses

and value through start-ups, merger,

joint venture and acquisition. Damon is

a Chartered Marketer and Chartered

Director and regularly lectures on


Key points

Overview of:

n The Role of the Director and the


n Finance for non - Finance


n Leadership for Directors

n Strategy for Directors

In addition, an alumni Chartered

Director will give their thoughts

and experiences of the IoD

director development

programme, and we’ll discuss the

programme schedule, costs and

exam process. There will be plenty

of opportunities to ask questions.

executive and non-executive directors.

The session will be interactive, featuring

a Q&A with the course leader and

Chartered Director and will also include a

teaser activity from one of the Certificate in

Company Direction modules.

Programmes can be taken individually

or as part of the full Certificate, forming the

first step towards the Chartered Director

journey. You will discover also what it


Robert is a consultant specialising in

weather and climate risk, working with

the World Bank, the Green Climate Fund

and government weather services across

Europe and beyond. He spent 35 years

with the Met Office, working in a variety

of roles culminating in four years as Chief

Executive, 2014–2018. Robert is a

Chartered Director and Ambassador for

Chartered Directors in South West


means to be a Chartered Director, and will

have the opportunity to hear direct

experiences from a member of our

Chartered Director alumni.

From practical pointers about our

examination process, learning outcomes

from our four modules and the

opportunity to ask questions about our

virtual platform, you can expect to finish

the session having a comprehensive

understanding of our Virtual Certificate


Most importantly you will understand its

invaluable benefits to your development as

a director, and how that reach can extend

beyond you to the boardroom, your

organisation and its stakeholders.

The session will begin with a teaser on

the roles and responsibilities of a directorto

get you thinking!

We look forward to welcoming you to

this friendly and informative session.

Event manager: Natasha Ure

Phone: 0131 460 7681

Email: Natasha.ure@iod.com

or click logo

to book SEPT

or click logo

to book DEC


Deborah is a Chartered Accountant who

specialises in financial and strategic

management training for all levels of

financial background. She started her

professional career in corporate finance,

gaining experience in a variety of

corporates and financial institutions,

before setting up and running several

businesses. She has also held numerous

financial advisory roles over many years.



Accelerated Certificate in Company Direction:

The IoD pathway to business success

Business pressures can make it difficult to

take time out to focus on personal and

professional development. But the IoD

has a course that lets you take control of

your professional development and

become a Certified Director with this

intensive fast track residential designed

specifically for the time-poor leader.

Using a blend of online and face-to-face

learning, the IoD Accelerated Certificate

in Company Direction offers directors the

same expert training and knowledge

available through our traditional

approach, but requiring only five

consecutive days away from the demands

of your business.

This fast-track residential programme

provides you with fresh insights into the

key areas of strategy, leadership,

governance and finance, thus covering the

subjects of the Certificate in Company

Direction modules:

n Role of the Director and the Board

n Finance for Non-Finance Directors

n Strategy for Directors

n Leadership for Directors

Why attend?

n Achieve the IoD Certificate in

Company Direction in a flexible way

n Share experiences with your peers in

an environment conducive to intensive


n Minimise the amount of time spent

away from the office

n Learn from leading industry

professionals whose talent and ability has

been proven in the marketplace

n Available for individual directors as

well as groups of directors from the same


Who will benefit?

n Busy directors who cannot take too

much time away from the demands of

their business and who are looking for a

fast track method of achieving the

certificate in company direction

n Overseas directors who are looking to

complete the full programme.

n Leaders who want to bring specific

competences and credibility to their


Those who wish to gain further

qualifications will be able to progress to

the Diploma in Company Direction and to

Chartered Director status.

To find out more about the Accelerated

Certificate in Company Direction and to

book your place(s), speak to the

Professional Development team on

020 7766 2601 or via email to



Woodlands Park Hotel,

Surrey, IoD South

September 19 - 24

November 07 - 12

Fawsley Hall Hotel & Spa,


IoD East Midlands

August 22 - 27

Ettington Park Hotel,

Warwickshire, IoD West Midlands

December 05 - 10

Virtual courses will be run

October 17-22 and November

28-December 3

Prices: Member: £9,775 + VAT;

Non-member: £11,875 + VAT

Prices are inclusive of course

materials, five nights

accommodation including

breakfast and group meals.




The Role of the Non-Executive Director course

by Phil Webster, Pragmatiks Consulting Limited

I had been thinking about developing a portfolio career for a while when I came

across the IoD’s ‘Role of the Non-Executive Director’ one-day course. The course

aims were to provide insight into the roles and attributes of a NED, to help

understand how to find suitable NED roles and to provide delegates with the

knowledge and skills needed to prepare for being a NED​.

For obvious reasons, the course was run ‘virtually’ and the course started

with introductions and a run through of the agenda. What then followed

was a combination of case studies which we discussed in smaller

break-out groups and then as a group; sharing of real-life experiences

and examples and Q&A sessions in breakout rooms with an

experienced portfolio NED and a head-hunter. A hamper of cheese

and biscuits was provided to enjoy during the networking session at

the end of the course.

I​f you are unsure about the legal implications of being a NED and

how to best position yourself for success, I would strongly

recommend attending the course.

E: ​phil@pragmatiksconsulting.co.uk T: 07816 906039


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


Get your entries in now for the IoD

Director of the Year Awards 2021

IoD Midlands is delighted to announce

that entries are now open for the 2021

Director of the Year Awards.

This year the event will highlight those

directors who have flourished despite the

constraints of Covid-19, inspiring their

organisations to growth and expansion

will keeping their employees focused,

positive and motivated. As in 2021, the

awards are a joint project between IoD

East Midlands and IoD West Midlands.

The Awards ceremony will take place

in the first week of November, and we’re

hoping it will be an in-person event.

However, if not, we will run it as a virtual

event, as we did very successfully last year.

There are 14 awards categories (see

chart above), and you can enter at



Last year’s awards were held online in

conjunction with our partners at the DRP

Group in Kidderminster.

Expertly compered by IoD

West and East Midlands

chairs Brian Hall and

Gary Headland, it

offered “a truly

inspiring insight into

the hard work that has

gone on to keep

businesses moving

throughout 2020,” Brian

said; “the perfect antidote

to all the doom and gloom

surrounding the pandemic.”
















Big winners in 2020 were Jonathan

Hemus of Insignia Crisis and

Reputation Management, and

Peter Jarvis of Comtechs, who

were named Director of the

Year in the SME

Business and Large

Business (over £50m

t/o) categories

respectively, while the

prestigious Chairs’

Awards went to Dr Clive

Hickman in the West

Midlands and Pat Doody in the

East Midlands.

(pictured left and above right here)

A celebration of leadership talent, success and achievement



















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

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

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

Helen Wathall, Founder & Director, Wathall’s;

Winner, Midlands Director of the Year Awards 2020

Alternatively, if you would like to keep

up-to-date with the awards process,

email Cari Grice at




A number of sponsorship

packages are available for

the awards, including

individual awards categories.

If you would like more

information on how you can

gain considerable media exposure

from our awards, contact Cari Grice at

the email above.

An interview with... leading figures under the spotlight

Alderman Alastair King, Chair of IoD City

of London, is conducting interviews with

prominent business leaders and

politicians in a new series of online events

held in conjunction with Rathbones. All

events run from 6-7pm

July 5

Simon Penney, HM Trade Commissioner

for the Middle East

Simon Penney was appointed as Her

Majesty’s Trade Commissioner (HTMC)

for the Middle East in May 2018. In

January 2021 he was also appointed as Her

Majesty’s Consul General (HMCG) to

Dubai. Simon has spent many years in the

banking sector with extensive experience

leading corporate and financial

institution groups and teams across

Europe, the Middle East, Africa

and Asia. Previous roles in the

Middle East include Head of

Corporate and Investment Banking

at First Gulf Bank and Chief

Executive Officer, Middle East and Africa

with the Royal Bank of Scotland. Simon

holds an MBA from Nottingham

University and a construction management

degree from Reading University.

October 12

Lord Grimstone, (pictured right) Minister

for Investment. Alastair will ask Lord

Grimstone on his views on the end of the

EU Transition Period, his role as HM

Government Minister for

Investment, how he will seek to

attract inward investment in to

the UK, what measures HM

Government is taking to improve

the UK’s traditionally sluggish

productivity growth rates, the “levelling

up” agenda for the UK regions and what

now for UK financial services companies

dealing with the EU.

Event manager: Ms Polly Buckley

t: 020 8142 8835

e: london@iod.com

To book on either event,

click the logo



The Professional Lunch series is back on the menu!

We are delighted to announce that IoD East

Midlands’ popular Professionals Lunch

series is back – and with same superb hosts

who used to treat us so well before the


One of the most popular events in the

regional diary, the Professionals Lunch is

networking at is best, with great food and

drink served in an informal, convivial

atmosphere that’s just made for getting the

networking going.

This is the best reason you’ll find to step

outside the office and take a proper lunch

once in a while.

In LEICESTER, our hosts are the Chutney

Ivy. You’ll enjoy a delicious Indian food

buffet right in the heart of Leicester while

meeting fellow directors and professionals

from the region.

It’s a great opportunity to discuss hot

topics in business right now in an informal

setting. Share ideas on best practice and

hear from those in different industries with

new prospective. Build your rapport with

Leicester business owners and

professionals over food and drink at

Chutney Ivy.

A reception drink is included in the price

with thanks to our sponsors Nelsons


Our hosts, left the Chutney Ivy, and

right, the Memsaab

Next events:

Date: September 16, 2021

Time: 12:30 - 14:30

Venue: Chutney Ivy, Leicester

Date: December 16, 2021

Time: 12:30 - 14:30

Venue: Chutney Ivy, Leicester

In NOTTINGHAM our hosts will be, once

again, the Memsaab Restaurant in the heart

of the city. As with the Leicester lunch, we

will be serving a delicious Indian buffet that

will cater for all tastes, with a free reception

drink courtesy of our sponsors Nelsons


Date: February 15, 2022

Time: 12:30 - 14:30

Venue: Memsaab, Nottingham

Date: November 16, 2021

Time: 12:30 - 14:30

Venue: Memsaab, Nottingham

Prices for both events:

Student: £20 + VAT

Member: £25 + VAT

Non Member: £32 + VAT

Event manager: Ms Cari Grice

T: 0115 857 8170

E: Cari.Grice@iod.com

Or click the logo for

more details

The glorious Belfry awaits

Sponsored by

IoD West Midlands Golf Day 2021

Date: Thursday, September 9, 2021

Venue: The Belfry Hotel,

Sutton Coldfield

Cost: Fourball, £250 + VAT

Time: From 1pm

We are delighted to invite you to join us at

the IoD West Midlands Golf Day for 2021,

which will be held at the world-famous

Belfry Golf Course. Tee times will range

from 1:40pm onwards.

But hurry: Places are filling up quickly,

so book now.

Our host course needs no introduction.

The venue of the Ryder Cup four times, the

Belfry’s stunning golf courses are set in

over 500 acres of beautiful Warwickshire


Why not stay the night? The Belfry

boasts a wide range of four star rooms and

restaurants that will ensure a lovely golfing

break of the highest quality.

A bacon roll and hot drink will be

provided on arrival before our groups tee

off on the beautiful Derby Course.

Members will then be invited to enjoy a

drink in the clubhouse and a two-course

dinner in the private room of the

restaurant around 8pm or so.

Prizes will be presented to the Winning

Team, Longest Drive and Nearest the Pin.

The Belfry is one of the

most famous golf

courses in the world

This is a fantastic opportunity to

experience a stunning resort, play some

golf with colleagues, contacts or strangers

and then network over drinks and dinner

to re-live the good (or bad) parts of your

golfing endeavours.

Event manager: Cari Grice

Phone: 0115 857 8170

Email: cari.grice@iod.com

Or click the logo



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


Make your business part of the solution

to the world’s greatest challenge

The IoD is excited to host a virtual global

conference for all IoD members and the

wider business community on the theme

Connecting the World: Tackling our

Global Challenges Together, as we look to

move out of the chaos created by

Covid-19 and face up to the threat of

climate change.

The conference is being held online on 2

& 3 September 2021 and hosted and

organised by IoD Scotland. It will explore

how organisations can step up their

responsibilities to build sustainable

businesses for a fairer, greener world.

The theme and timing of the IoD event

are not accidental, as it comes just weeks

ahead of the United Nations’ vital Climate

Change Summit in Glasgow (COP26, from

1-12 November) which will look to set new

international standards on emissions and

environmental performance, in a bid to

halt the climate emergency created by

global warming. Many experts believe

COP26 could be our last chance to set the

world on a pathway to avoid a future


At the IoD Global Conference we will ask

a simple question that chimes perfectly

with the agenda at COP26: Our fragile

planet is under threat: how can business

be part of the solution that saves it?


To help us answer this question we have

gathered together a world-class line-up of

speakers to illuminate our discussions and

provide their own expert insights into this

crucial topic.

Drawn from the spheres of politics, civic

action and business, they include:

• Rt Hon David Miliband, President &

CEO of the International Rescue

Committee, and former UK Foreign


• Dr Rachel Sibande, Senior Director,

Country Outreach, Digital Impact

Alliance, and founder of Malawi’s first

technology and innovation hub

• Douglas Lamont, CEO of innocent

drinks, who has led the company on its

journey to becoming the largest chilled

drinks brand in Europe

• Dr Ifeyinwa Kanu, founder and CEO

of IntelliDigest. With a PhD in

environmental engineering, her

Edinburgh-based company addresses the

sustainability challenges posed by food


These are just our first four confirmed

speakers, all of whom will discuss the key

issues from their own unique and varied


More speakers will be announced over

the summer, and the event itinerary will

include Q&A panel sessions with the

principal speakers and opportunities to

interact with your fellow delegates in our

online chat facility.

We are also looking forward to input

from Gen Z; we wish to ensure that young

people take their rightful place where

these key issues are being debated.

Global Conference Speakers

Rt Hon David Miliband

President & CEO of the International Rescue Committee,

and former UK Foreign Secretary

David Miliband’s role with the IRC resonates at a global level, and his insight will be invaluable in

framing how the UK can tackle the enormous humanitarian and economic challenges that we face.

The IRC responds to the world’s worst humanitarian crises and helps people whose lives are

shattered by conflict and disaster to survive, recover and gain control of their future. In more than 40

countries its dedicated teams provide clean water, shelter, health care, education and empowerment

support to refugees and displaced people.

In an average year the IRC provides 1,474,900 children with schooling and education opportunities,

reaches 1,621,000 people through its efforts to raise awareness about human rights, protection and

gender-based violence, provides 1,756,800 people with clean water infrastructure and reaches

19,259,700 people with health education services and treatment.




Dr Rachel Sibande

Senior Director, Country

Outreach, Digital Impact


Rachel Sibande is a digital development

specialist. She established

Malawi’s first technology and

innovation hub – mHub, which

incubates and accelerates emerging

innovative entrepreneurs.

Rachel has led deployment of big data

for development demonstration

models in Africa and has extensive

experience managing technology-led development projects in digital

financial services, public health, agriculture, disaster management

and elections monitoring in more than 14 countries.

Douglas Lamont

CEO of innocent drinks

Douglas Lamont’s experience at

innocent drinks will outline the

opportunities and challenges of

growing a global, truly

sustainable business outside the

UK, from the perspective of a

company that grew from

nothing to become a household

name on the strength of its tasty

drinks sourced with maximum

concern for the environment.

Douglas will also talk about his work as co-chair of the

Better Business Act, which is aiming to change UK law to

make sure every single company in the country puts

balancing people, profit and planet at the heart of their

purpose and the responsibilities of their directors. More on

Better Business Act at https://betterbusinessact.org/

Other contributors – including you!

What will make this Global Conference

stand out will be the input from our

delegates, who will be drawn from the IoD

and beyond its membership. This is an

interactive event that will give you the

opportunity to showcase how your

organisation’s actions are promoting

sustainability and environmentally friendly

business policies.

And these won’t just be voices from large

multinationals: the call to action to defeat

climate change is often loudest among

smaller enterprises, and all voices at the

conference will carry equal weight.

So whether you are a young

entrepreneur running a start-up, the

owner of a family business, the CEO of a

charity or an NGO, working within the

public sector or a director of an SME and

large corporate, this is a unique platform

from which you can learn, be inspired and

engage with what will be the key issue of

the future.

The IoD Global Conference will

reinforce the message that if climate

change and sustainability aren’t at the top

of your boardroom agenda now, they must

be in the future.

Delegates and speakers alike will be

bound by a desire to move from rhetoric to

collaborative action and to actively engage

in the need to find solutions today for our

world of tomorrow.

This will be two days of outstanding

CPD in a forum that will stimulate debate,

Dr Ifeyinwa Kanu

The issue of food waste is truly alarming in

western societies and Dr Ifeyinwa Kanu will

highlight how society might reduce this

burden on the planet’s resources, by using

engineering solutions to address the


As the Founder and CEO of IntelliDigest Ltd,

Dr Kanu is leading the company on a mission

to empower global food sustainability,

eliminate food waste and zero hunger.

encourage peer-to-peer learning and offer

practical policies for the future. This

collaborative conference is open to IoD

members and other business individuals

who value being challenged and the

opportunity to make connections so that

new ideas can flourish.


The cost of this two-day online

conference is £40 + VAT for IoD members,

£60 + VAT non-members.

For 10+ tickets, please contact

conference@firstcityevents.co.uk for

discount rate.


We have partnership opportunities for

organisations interested in sponsoring

this high-profile global conference.

We understand that sponsors are an

essential part of any successful event and

we work hard to create bespoke

partnerships that provide real and

tangible benefits.

Please contact Joyce Lamond at

conference@firstcityevents.co.uk or

call 07711 432745.

Follow the story and get instant

updates on new speakers at:

Got a question, want to know more or

interested in sponsorship opportunities?

Contact conference@firstcityevents.co.uk

Book your

places now.

Click here



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

Charity spotlight

Leicester charity sees lockdowns take

their toll on public’s mental leath

Increase in demand for its

mental health services

The lockdown restrictions have

undoubtedly taken their toll on the mental

health of many individuals, friends,

families and work colleagues.

Indeed, a Leicester-based mental health

charity has reported a significant upsurge

in demand for its helpline, advocacy

services and online resources during


Leicestershire Action for Mental Health

Project (Lamp) has provided free mental

health advocacy services to people and

organisations in Leicester, Leicestershire

and Rutland for over 30 years.

The charity’s services are independent,

confidential, trusted and nonjudgemental

and aim to make people feel

valued, listened to and more able to cope,

and to provide access to services to

support their needs. By working with

people to develop their confidence to

speak out, so their voices are heard, Lamp

enables individuals to make a real

difference in the quality of the support

and care they receive.

Lamp’s services include providing

information and support, as well as

organising and attending community

events, to help challenge stigma, increase

awareness and help those whose lives are

affected by mental health.

Addressing mental health in the


Lamp is proud to work with a wide

range of forward-thinking businesses

across the region.

Its successful Business Club is one of

the first in the country to emphasise the

health and wellbeing of employees.

The aim of the Business Club is simple:


The charity aims to make

people feel valued, listened to

and more able to cope, and to

provide access to services to

support their needs


to bring influential leaders within

corporate organisations together to share

best practice, identify needs-based gaps in

mental health within the workplace and to

enable those involved to make a difference

with a collective voice.

Being a member of the Business Club

provides organisations with vital

knowledge and skills about how to

implement best practice within their


Lamp will support you and your teams

to create healthy, open and approachable

workplaces that support staff as well as

protect businesses.



are you



Supporting businesses with

mental health services

The charity can also offer various

training and information sessions to

business owners and employees which

can be delivered face-to-face (restrictions

permitting) or online. These include

mental health first aid training and

student support.

Lamp can also support your

organisation year-round to deliver the

services above. These partnerships offer

exceptional wellbeing expertise to your

business and offer vital support to the

charity. Alternatively, you can nominate

Lamp as your charity of the year, bringing

your team together for a common cause,

and demonstrating your commitment to

corporate social responsibility and better

mental health in the workplace.

All of the revenue from services

provided, including the Business Club,

goes back into the charity to support its

advocates in providing care to others.

For more information on the work

of Lamp or how your business can

get involved, visit

www.lampadvocacy.co.uk or email


Have your say! Click on this banner to join in the consultation on how

we can improve mental health services in Leicestershire, Leicester

and Rutland. Have your say in the Great Mental Health debate



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