22.10.2021 Views

IoD Midlands Autumn

Institute of Directors, directors advice, business news, East and West Midlands

Institute of Directors, directors advice, business news, East and West Midlands

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

The official membership magazine<br />

for the Institute of Directors<br />

in the East and West <strong>Midlands</strong><br />

iod.com<br />

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

<strong>Autumn</strong> 2021<br />

Government told ‘show your<br />

workings’ on proposed tax rises<br />

Warning over rise<br />

in ransomware<br />

Reservists in<br />

the workplace<br />

Hitting the<br />

right notes<br />

Inez Brown is ready to roll out<br />

her vision for <strong>IoD</strong> West <strong>Midlands</strong>


Contents<br />

<strong>IoD</strong> News<br />

Who’s looking after the directors, asks<br />

<strong>IoD</strong> East <strong>Midlands</strong> Chair Gary Headland – pg 4<br />

New Chairs for <strong>IoD</strong> West <strong>Midlands</strong> and <strong>IoD</strong><br />

Worcester & Marches and Black Country &<br />

Staffordshire branches – from pg 5<br />

Birmingham’s new members’ hub hosts its<br />

first <strong>IoD</strong> event in style – pg 6<br />

<strong>IoD</strong> <strong>Midlands</strong> Director of the Year Awards – pg 13<br />

Focus interview<br />

New <strong>IoD</strong> West <strong>Midlands</strong> Chair Inez Brown talks<br />

about her pride in leading the region and her<br />

priorities for the next three years<br />

– from pg 8<br />

Technical briefings from pg 12<br />

Chancellor told to ‘show his workings’ over<br />

proposed tax rises – pg 14<br />

Education and training – pg 16<br />

Warning over sharp rise in ransomware<br />

attacks on businesses – pg 22<br />

Role of Reservists – and how they can<br />

help your employees – pg 24<br />

The Elite approach to eliminating<br />

back-office admin hassles – pg 26<br />

More than just books in libraries! – pg 28<br />

Workplace anxiety – pg 30<br />

A legal path to hybrid working – pg 32<br />

The <strong>IoD</strong><br />

Helping you Connect, Develop and Influence<br />

Member benefits and special offers – pg 18<br />

Student Mentoring – pg 20<br />

Mastermind Groups – pg 34<br />

Events diary – pg 36<br />

Director Development – pg 38<br />

<strong>IoD</strong> Ambassadors – pg 40<br />

Please note...<br />

Although every effort is made to ensure the accuracy of material contained within this magazine, neither the <strong>IoD</strong> nor<br />

Chamber Media Services can accept any responsibility for omissions or inaccuracies in its editorial or advertising<br />

content. The views expressed in this publication are not necessarily those of the <strong>IoD</strong>. The carriage of adverts in this<br />

publication does not constitute an endorsement of the products or services advertised.<br />

All articles within this publication are copyright <strong>IoD</strong> <strong>Midlands</strong>. Editorial consent must be obtained before any are<br />

reproduced either in printed form or electronically.<br />

06<br />

22<br />

24<br />

04<br />

08<br />

31<br />

CONTACTS<br />

IOD EAST MIDLANDS<br />

Nottingham Trent<br />

University, Burton St,<br />

Nottingham NG1 4BU<br />

Chair: Gary Headland<br />

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

t: 07787 484448<br />

IOD WEST MIDLANDS<br />

Grand Hotel, Colmore Row,<br />

Birmingham B3 2BS<br />

Chair: Inez Brown<br />

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

IOD TEAM<br />

Senior Branch Manager –<br />

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

Pam Kaur<br />

e: pam.kaur@iod.com<br />

t: 0121 281 5530<br />

Branch Manager –<br />

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

Cari Grice<br />

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

t: 0115 857 8170<br />

Branch Manager –<br />

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

Frances Fairclough<br />

e: frances.fairclough@iod.com<br />

t: 0121 281 5531<br />

<strong>IoD</strong> Student Placements<br />

Anna Hicks<br />

e: anna.hicks@iod.com<br />

t: 0115 857 8170<br />

Joshua Whitehead<br />

e: joshua.whitehead@iod.com<br />

t: 0115 857 8169<br />

The Institute of Directors<br />

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

magazine is published on<br />

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

Chamber Media Services<br />

4 Hilton Road, Bramhall,<br />

Stockport, Cheshire<br />

SK7 3AG.<br />

Advertising sales:<br />

Colin Regan<br />

t: 01942 537959 /<br />

07871 444922<br />

e: colinregan001@<br />

yahoo.co.uk<br />

Production enquiries:<br />

Rob Beswick,<br />

t: 0161 426 7957<br />

e: rob@chambermedia<br />

services.co.uk<br />

Cover image:<br />

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

new chair Inez<br />

Brown - pg 8<br />

<strong>Autumn</strong> 2021<br />

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

03


News<br />

As our workload hits the roof, who’s<br />

looking after the directors?<br />

Gary Headland F<strong>IoD</strong><br />

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

The last thing I did<br />

before going to sleep<br />

at around 11pm last<br />

night was read my<br />

emails. Among them<br />

was a task from Cari to<br />

produce my input for<br />

this magazine by the<br />

end of the week. Knowing the state of<br />

my diary for the week, my reaction was<br />

probably best described as a ‘flat spin’.<br />

Obviously, I woke up four hours later<br />

at 3am thinking about the task and after<br />

five minutes of pretending I might stand<br />

a chance of going back to sleep, I got up<br />

to put pen-to-paper, or rather fingertipto-keyboard.<br />

The irony of my theme for this month<br />

won’t be lost on you…<br />

It is a question I have been discussing<br />

with my executive leadership team this<br />

week…<br />

Who looks after the leaders so that<br />

the leaders can look after their teams<br />

and individuals?<br />

The level of stress that my senior team<br />

have operated under for the past couple<br />

of years has been immense. “Deliver the<br />

same outcomes (continuously improve<br />

them, if you can) with significantly fewer<br />

financial resources, fewer staff because<br />

of skills shortages and higher wages<br />

elsewhere and, oh, by the way, do it all<br />

remotely until you need to be physically<br />

at work doing it, and then do it all<br />

remotely again”.<br />

I know I am characterising but, really,<br />

this description isn’t too far off.<br />

And forgive me a blinding glimpse of<br />

the obvious. Brexit, Covid, sustainability<br />

are not done. I make this statement<br />

because although the world of<br />

business has to move on – it<br />

always does – it would be folly<br />

to think we have dealt fully<br />

with the impact of those<br />

strategically impactful<br />

issues. Skills shortage, supply<br />

chain challenges, flexible<br />

working, wage inflation,<br />

utilities inflation, reducing our<br />

impact on the environment,<br />

people not wanting to return<br />

to offices, etc, now dominate<br />

our working lives.<br />

I have spoken to many<br />

business leaders recently and<br />

most of us are either back in the<br />

workplace full-time or have<br />

adopted a hybrid model with some<br />

remote working. Most of the time is in the<br />

office with clients or other stakeholders.<br />

In all of my conversations, we are<br />

universally agreed that face-to-face<br />

communication is welcome again and<br />

really enjoyable but somehow we are<br />

now about 20 per cent busier (by which I<br />

am mean our working time is 20 per cent<br />

longer) than we were in the past.<br />

The explanation for that is fairly<br />

simple: we are now travelling, we are<br />

now communicating in the margins of<br />

meetings or around water-coolers and<br />

we are now once again immediately<br />

accessible for those office drop-ins<br />

which always start with the fatal,<br />

productivity-sapping words, “Can I just…”<br />

As one of my direct reports put it<br />

yesterday when he rushed panting into<br />

the meeting room: “Sorry I’m late, boss. I<br />

had to walk to this meeting and have<br />

become so used to dialling out of one<br />

meeting and into the next within 60<br />

seconds.” Healthy stuff!<br />

It appears we learned quickly to fill the<br />

gaps in our diaries with more meetings.<br />

Which of us didn’t experience days of<br />

literally back-to-back Teams or Zoom<br />

calls?<br />

Business is always challenging. But I<br />

would suggest that we as business<br />

leaders have rarely experienced the<br />

volume and complexity of risks and<br />

issues that we are having to manage<br />

concurrently. The world is faster than<br />

ever with an expectation that we are<br />

always available through technology; the<br />

workplace and home paradigm has<br />

changed, boundaries and working<br />

time-zones are blurred.<br />

So back to the question: who looks<br />

after the leaders so that the leaders<br />

look after the team and<br />

individuals?<br />

Answer, we<br />

do! Stick it on the<br />

ever-expanding<br />

to-do list and<br />

we’ll get to it<br />

at some<br />

point. Or<br />

perhaps we<br />

won’t.<br />

For me, the<br />

‘health and<br />

well-being’ of directors and business<br />

leaders is a ‘grey rhino’. It is not<br />

something we can simply pop on to the<br />

risk register and throw some cash at (if<br />

we have any left!) to mitigate the<br />

likelihood or impact. We need healthy<br />

business leaders to lead our businesses<br />

to the future.<br />

If you are not familiar with the greyrhino<br />

concept, I am essentially saying<br />

that it is a major issue, probably high in<br />

impact and liability that we have known<br />

about for some time but failed to<br />

address.<br />

It could also be described as being the<br />

elephant in the room: we know it is huge<br />

and important but we choose to ignore<br />

it. Unlike other risks and issues, grey<br />

rhinos don’t need contingency planning,<br />

they need scenario planning. This takes<br />

leadership and management time – our<br />

well known enemy – but unless we really<br />

think about the care of those who we<br />

need to lead, the impact on productivity<br />

could be immense.<br />

So that’s my thought, dare I say<br />

recommendation, of the quarter. Against<br />

the backdrop of everything that you<br />

have to do as a director and a leader,<br />

please make sure you take some to look<br />

after your own physical and mental<br />

health. Run some scenarios in your<br />

business context. The scenarios might be<br />

something like this:<br />

n Scenario One – Be stoic and carry on<br />

n Scenario Two – Breakdown of<br />

leadership capability and capacity<br />

n Scenario Three – Taking care of leaders<br />

n Scenario Four – Proactively investing<br />

in the health and well-being of leaders<br />

Getting sick is a not a positive sign of<br />

your commitment to your company, it is<br />

getting sick! Losing you will have a<br />

profound impact on the health and<br />

well-being of your company. You are<br />

altruistic and put the service/others<br />

before self, but be just a little bit more<br />

selfish and make sure you look after you:<br />

your families, staff and customers need<br />

you!<br />

Just checked the time: it is 04:43. Time<br />

to dress and head off for a 100-mile<br />

journey to visit a client…<br />

Thought for the day: physician, heal<br />

thyself! Not easy this…<br />

“<br />

Getting sick is not a positive sign of your<br />

commitment to your company... just be a<br />

little more selfish and look after yourself...<br />

04<br />

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

<strong>Autumn</strong> 2021


New appointments: <strong>IoD</strong> West <strong>Midlands</strong> strengthens its team<br />

with three new directors, including a new Chair, Inez Brown<br />

Inez hits ground running as she is<br />

appointed chair in West <strong>Midlands</strong><br />

Inez Brown took over the chair of <strong>IoD</strong><br />

West <strong>Midlands</strong> during the summer,<br />

succeeding Brian Hall after the successful<br />

completion of his term in office.<br />

Inez, one of the leading figures in the<br />

region’s legal business community, has 20<br />

years’ experience as a solicitor, after<br />

spending the first 20 years of her career<br />

as a legal secretary.<br />

She is partner and head of clinical<br />

negligence at the Medical Accident<br />

Group, part of Harrison Clark Rickerbys.<br />

In July 2020 she was inaugurated as<br />

president of Birmingham Law Society, the<br />

first black president in its 202-year existence.<br />

She has grown the society’s<br />

membership and set up its first diversity<br />

inclusion scheme, providing scholarships<br />

to students from disadvantaged backgrounds<br />

and under-represented groups.<br />

Inez has a long-standing connection<br />

with management and governance and<br />

was a non-executive director of the Child<br />

Brain Injury Trust, the Society of Clinical<br />

Injury Lawyers and the SDA Conference<br />

Charity.<br />

Inez will be the voice for business in the<br />

region, working alongside a regional team<br />

to support West <strong>Midlands</strong> directors by<br />

providing connections, world-class<br />

professional development and an<br />

influential lobbying voice. She will lead<br />

members across four branches: Greater<br />

Birmingham; Worcester and the Marches;<br />

Black Country and Staffordshire; and<br />

Coventry and Warwickshire.<br />

Inez said: “I am honoured to be<br />

selected as <strong>IoD</strong> chair and look forward to<br />

representing directors across this<br />

fantastic region. The <strong>IoD</strong> is committed to<br />

supporting our members as they recover<br />

from the pandemic and lead the<br />

economic revival.<br />

“I am also looking forward to building<br />

on my work advocating diversity and<br />

inclusion within the workplace, together<br />

with providing mentoring and support to<br />

junior members of the Institute as we<br />

create the skilled directors of tomorrow.”<br />

Natalie Sykes, Head of English Branches,<br />

<strong>IoD</strong>, (currently on sabbatical) said: “Inez is<br />

an outstanding leader and we are<br />

delighted to welcome her to the <strong>IoD</strong>. The<br />

past few years have been challenging as<br />

directors navigated Brexit and the<br />

pandemic but we are now looking ahead<br />

to supporting our members to thrive.<br />

“She joins at an exciting time for the<br />

<strong>IoD</strong>, with a renewed focus on empowering<br />

our regional teams.”<br />

Introducing Inez Brown: See pg 8<br />

HR boss takes helm at<br />

Worcester and Marches<br />

Michael Doolin has been appointed to<br />

lead its Worcester and the Marches<br />

branch as a successor to Jo Hodgetts.<br />

Michael is managing director of Clover<br />

HR, which employs 25 people. He has<br />

more than three decades of experience<br />

in managing business growth, change<br />

and development in HR, working for<br />

companies including Ford, British<br />

Airways, PwC, DHL and DPD.<br />

An Associate Lecturer at Warwick<br />

Business School for the past 10 years,<br />

Michael was previously a lay member of the Birmingham and<br />

Bristol Employment Tribunal panels.<br />

Michael said: “It is an honour to become Branch Chair for<br />

this dynamic part of the <strong>Midlands</strong> business community. Our<br />

members are like-minded individuals seeking to make a<br />

difference. We are engaged in changing the face and perception<br />

of business among an ever more diverse society.”<br />

Privilege to lead Black<br />

Country and Staffs<br />

Paul Wood has been appointed to lead<br />

the <strong>IoD</strong> Black Country and Staffordshire<br />

branch.<br />

Paul has amassed more 40 years of<br />

experience in manufacturing,<br />

distribution and investment businesses,<br />

and is the founder and board member<br />

of three businesses that specialise in<br />

tax allowances. Working alongside his<br />

son, he manages a team of ten and<br />

works with top ten accountants and<br />

quoted companies.<br />

Paul said he felt “privileged to take on the role of branch<br />

chair for this diverse and exciting business community.<br />

“I want to pass on my experience to help others and I can’t<br />

think of a better place to do this than within the <strong>IoD</strong>. It’s not<br />

been the easiest time for anyone leading an organisation but I<br />

look forward to the challenges ahead and believe that we are<br />

stronger together.”<br />

INEZ BROWN, CHAIR OF IOD WEST MIDLANDS, said of the two appointments: “We are delighted to welcome Michael and<br />

Paul on board. They will be the standard bearers for local directors, providing support and inspiration as we provide<br />

members with the tools to not just recover and rebuild but prosper, post-pandemic.”<br />

<strong>Autumn</strong> 2021<br />

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

05


News<br />

A Grand<br />

welcome<br />

awaits at<br />

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

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

new hub<br />

The <strong>IoD</strong> has teamed up with The Grand<br />

Hotel, Birmingham to create a business<br />

hub for members across the <strong>Midlands</strong>.<br />

<strong>IoD</strong> members can use the hotel’s<br />

facilities as a drop-in local base for<br />

working and benefit from discounted<br />

rates on private meeting rooms, as well<br />

as preferential rates on room bookings.<br />

The partnership gives members free<br />

access to the hotel’s conferencing and<br />

events lounge and complimentary tea<br />

and coffee facilities. There is also free<br />

access to WiFi.<br />

The facilities are open to members<br />

on Tuesdays from 3pm - 5pm, and<br />

Wednesdays, Thursdays and Fridays<br />

from 9am – 5pm.<br />

Andy Wilkinson, <strong>IoD</strong> chair for Greater<br />

Birmingham, said: “Our partnership with<br />

the Grand Hotel is an excellent addition<br />

to the benefits we offer to members.<br />

“As restrictions continue to ease and<br />

the economy bounces back, directors<br />

will be looking for flexible, safe and<br />

professional locations to work and meet<br />

that help them to rebuild and recover<br />

from the impact of the pandemic.”<br />

Peter Kienast, General Manager for<br />

The Grand Hotel, Birmingham said:<br />

“Further to opening our doors after<br />

almost 20 years this spring, I am thrilled<br />

to welcome West <strong>Midlands</strong> Institute of<br />

Directors to The Grand Hotel.<br />

“Our team are looking forward to<br />

providing the <strong>IoD</strong>’s members with a truly<br />

one-of-a-kind destination in one of the<br />

city’s most iconic buildings; the ideal<br />

backdrop for networking and businesses<br />

meetings.”<br />

Full details of the new hub and<br />

business lounge at https://www.iod.<br />

com/events-community/regions/<br />

west-midlands/premises<br />

A ‘Grand’ affair for West<br />

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

Pam Kaur,<br />

Senior Branch Manager, <strong>IoD</strong> <strong>Midlands</strong><br />

There was a definite buzz around the<br />

Grand Hotel, Birmingham when <strong>IoD</strong> West<br />

<strong>Midlands</strong> held a launch event for its new<br />

members’ hub on Monday 27 September.<br />

With over 100 people in attendance,<br />

the evening kicked off with welcome talks<br />

and introductions from Inez Brown,<br />

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

Regional Chair; Andy Wilkinson, <strong>IoD</strong><br />

Greater Birmingham Branch Chair;<br />

headline event sponsor Jaspaul Bains,<br />

Senior Business Development Manager<br />

for Rational FX; and the General Manager<br />

for the Grand Hotel, Peter Kienast.<br />

Inez Brown said, “We are so pleased to<br />

have partnered with The Grand Hotel and<br />

be able to offer a fabulous, centrally<br />

located member facility such as this. What<br />

an evening and what a beautiful hotel!<br />

“It was also great to speak with local<br />

members in one of our first face-to-face<br />

events. The pandemic has definitely<br />

impacted business in one way or another,<br />

so it was good to have the opportunity to<br />

Over 100<br />

members<br />

and guests<br />

attended the<br />

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

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

launch event<br />

at the Grand<br />

Hotel in<br />

Birmingham<br />

speak with and reiterate to both members<br />

and non-members that the <strong>IoD</strong> has a<br />

voice on government policies which will<br />

help us come out the other side of this<br />

difficult time.”<br />

Following formal talks, guests were<br />

ushered to the beautiful Cathedral and<br />

Colmore rooms for celebratory drinks,<br />

canapés, networking and guided tours of<br />

member and hotel facilities.<br />

Jaspaul Bains of Rational FX, headline<br />

sponsor for the event, said, “This is the<br />

second <strong>IoD</strong> West <strong>Midlands</strong> event my<br />

organisation has supported, and I just<br />

wanted to thank everyone who attended.<br />

The event was an absolute success! This<br />

was all down to <strong>IoD</strong> staff and everyone<br />

from the Grand Hotel whose full support<br />

and co-operation is much appreciated.”<br />

He added: “I’m looking forward to a<br />

long and fruitful partnership with the <strong>IoD</strong><br />

going forward.”<br />

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

<strong>Autumn</strong> 2021


And there’s a warm welcome<br />

too, to newcomers at the <strong>IoD</strong><br />

<strong>IoD</strong> East <strong>Midlands</strong> and West <strong>Midlands</strong> are delighted to welcome four new members<br />

of the team, who will be leading our support for members in the coming months.<br />

Here they introduce themselves<br />

About the hub:<br />

Facilities available<br />

<strong>IoD</strong> members can use the hotel’s facilities<br />

as a drop-in or local base for working and<br />

benefit from discounted rates on private<br />

meeting rooms. Members will have free<br />

access to the hotel’s conferencing and<br />

events lounge and complimentary tea<br />

and coffee facilities. There is also free<br />

access to WiFi.<br />

In addition, when booking directly,<br />

there is a 15% discount on guestrooms*<br />

either room only or breakfast included.<br />

In order to book this, members can<br />

use the corporate code ID DIR002 on<br />

the hotel website or by contacting the<br />

reservations team. Please produce your<br />

<strong>IoD</strong> membership number at reception<br />

during check-in.<br />

Opening times and contact<br />

The facilities are open to members on<br />

Tuesdays, 3pm - 5pm, and Wednesdays,<br />

Thursdays and Fridays, 9am – 5pm.<br />

For meeting room bookings, contact the<br />

Sales Team<br />

e: Sales@grandbirmingham.co.uk<br />

t: 0121 827 9641<br />

For guest room bookings, contact<br />

e: reservations@grandbirmingham.co.uk<br />

t: 0121 827 9600<br />

How to find it:<br />

The Grand is located just a short walk<br />

from New Street and Snow Hill stations,<br />

and easily reached by road too.<br />

You’ll find the hotel on Colmore<br />

Row. Full address is The Grand Hotel<br />

Birmingham, 1 Church Street (off<br />

Colmore Row) Birmingham B3 2BS<br />

Pam Kaur<br />

Senior Branch Manager,<br />

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

Hello and a warm<br />

welcome to this issue<br />

of the <strong>IoD</strong> <strong>Midlands</strong><br />

magazine.<br />

I joined the <strong>Midlands</strong><br />

team as Senior Branch Manager on the<br />

12th July, and will be covering the role<br />

while Sophie Breeden is on maternity<br />

leave for 12 months.<br />

I bring with me over 25 years of<br />

industry experience and a background in<br />

marketing and communications, in both<br />

private and public sectors.<br />

During my short time with the <strong>IoD</strong><br />

<strong>Midlands</strong>, I have seen a steady increase<br />

in membership across the region which<br />

is fantastic news, and look forward to<br />

working alongside and meeting many of<br />

you soon.<br />

You can contact Pam at<br />

Pam.kaur@iod.com<br />

<strong>IoD</strong> Student placements<br />

Anna Hicks<br />

Hi, I’m Anna and I am really looking<br />

forward to my year on a student placement<br />

for the <strong>IoD</strong> in the <strong>Midlands</strong>. I am<br />

from Rickmansworth, in Hertfordshire<br />

and I’m studying BA Hons Business<br />

Management and Marketing at<br />

Nottingham Trent University.<br />

For the past two years at NTU I have<br />

been involved with various societies<br />

including the marketing society and the<br />

cheerleading society. NTU has been a<br />

great place to continue my learning, and<br />

I’ve really enjoyed my course,<br />

particularly modules on Buyer Behaviour,<br />

Integrated Marketing Communications<br />

and Principles of Marketing.<br />

I am excited to put the theory that I<br />

have learned from my degree into<br />

practice and real-life business scenarios.<br />

I am excited to learn new skills,<br />

connect with members and colleagues<br />

and develop professionally and<br />

personally within the <strong>IoD</strong>. I know this<br />

year will provide me with a challenge,<br />

one that I cannot wait to get involved<br />

with! If you ever need anything, please<br />

message me and I will do my very best<br />

to help you!<br />

You can contact Anna at<br />

Anna.hicks@iod.com<br />

Frances Fairclough<br />

Branch Manager,<br />

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

I’m excited to be<br />

joining the <strong>IoD</strong> team<br />

in the <strong>Midlands</strong> and<br />

personally getting to<br />

know everyone.<br />

A bit about my background: I<br />

completed my bachelor’s degree in<br />

Japanese Studies and spent time living<br />

in Japan. After returning to the UK and<br />

a short stint in hospitality, I worked as<br />

an area manager for franchise tuition<br />

centres in the <strong>Midlands</strong> where I found<br />

that I loved supporting adults to develop<br />

their skills and working lives.<br />

On a weekend you’ll either find me<br />

cooking, knitting, walking or out on a<br />

motorbike – it’ll be nice to hear if we<br />

have any common hobbies!<br />

Oh, and please feel free to call me Fran.<br />

I’m looking forward to meeting you soon!<br />

You can contact Fran at<br />

Frances.Fairclough@iod.com<br />

Josh Whitehead<br />

I’m a student at Nottingham Trent<br />

University, studying for an<br />

undergraduate degree in Business<br />

Management and Marketing, on my<br />

placement year with the <strong>IoD</strong>. My<br />

background before university is in<br />

transport planning and communications<br />

which has prepared me well for my role<br />

here as I understand the day-to-day<br />

workings of an events-based<br />

organisation using CRM systems and<br />

the effective communication needed to<br />

plan and execute a successful event.<br />

I am looking forward to working with<br />

the <strong>IoD</strong> team across the <strong>Midlands</strong> and<br />

elsewhere and I hope I can make a<br />

difference in the region this year.<br />

You can contact Josh at<br />

Joshua.whitehead@iod.com<br />

<strong>Autumn</strong> 2021<br />

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

07


The <strong>IoD</strong>’s new chair in the West <strong>Midlands</strong>,<br />

Inez Brown, is determined to build on the institue’s<br />

outstanding reputation for positive change by<br />

increasing membership engagement and boosting<br />

diversity, as she explains to Rob Beswick<br />

08 Keep up to date at iod.com/westmids and iod.com/east-midlands <strong>Autumn</strong> 2021


In profile: <strong>IoD</strong> West <strong>Midlands</strong>’ chair, Inez Brown<br />

The <strong>IoD</strong> is leading<br />

the way on<br />

positive change<br />

There’s busy, there’s director busy…<br />

and then there’s Inez Brown busy…<br />

Fresh from a year as President of the<br />

Birmingham Law Society, Inez, a partner<br />

at the Medical Accident Group, part of<br />

Harrison Clark Rickerbys, is the new chair<br />

of <strong>IoD</strong> West <strong>Midlands</strong>, succeeding Brian<br />

Hall – and it’s clear she has no intention<br />

of letting herself into the new role gently.<br />

It’s definitely a case of hitting the ground<br />

running…<br />

“My time in office with the Law<br />

Society only ends on 30th October,”<br />

she says, “and in last few weeks I have<br />

been incredibly busy, but I was also<br />

determined to get my feet under the<br />

desk at the <strong>IoD</strong>, too. I’ve had really<br />

positive meetings with all the branch<br />

chairs and the office team, we’ve<br />

planned out our roles and we’ve got<br />

some exciting ideas in the pipeline<br />

already.<br />

“I’m a great believer in working as a<br />

team and there’s already been so much<br />

support, it’s got my time as chair off to<br />

a flyer.”<br />

Inez jumped at the chance of taking<br />

over the helm at the <strong>IoD</strong> this summer.<br />

“This is such a marvellous organisation,<br />

it has such a great reputation and can<br />

achieve so much. It was a great honour<br />

to be asked.”<br />

As one of the country’s leading<br />

medical negligence lawyers and an<br />

accredited member of Action for Victims<br />

of Medical Accidents (AvMA), it would<br />

be true to say Inez hasn’t followed the<br />

usual career path of her sector. “I was a<br />

legal secretary for 18 years before taking<br />

the step to qualify as a solicitor. I joined<br />

Anthony Collins in 2000 as a trainee, and<br />

then qualified in clinical negligence.”<br />

Inez moved to Harrison Clark<br />

Rickerbys at the start of 2012 to build its<br />

clinical negligence team and was made<br />

a partner later the same year. Today she<br />

leads a hugely respected 22-strong team<br />

which specialises in all types of claims<br />

resulting from birth and brain injuries.<br />

“I work closely with the families of<br />

victims of medical negligence, securing<br />

the best possible financial compensation<br />

package for them. It’s important to<br />

realise that some of these children who<br />

suffer catastrophic injuries at an early<br />

age can live until they are 75-80, and<br />

will need 24-hour care all that time. It’s a<br />

really emotional situation for all involved;<br />

I just try to obtain the best possible<br />

outcome for the family.”<br />

Perhaps it is understanding how harsh<br />

life can be for others that has driven Inez<br />

to always look to give something back<br />

to society. She has been a trustee/board<br />

member on a number of charities with<br />

links to her work, including the Child<br />

Brain Injury Trust and the Society of<br />

Clinical Injury Lawyers. In addition, away<br />

from the legal world she has also served<br />

as a non-executive director for the North<br />

England Conference of Seventh-day<br />

Adventists Churches.<br />

She has also helped create a<br />

diversity inclusion scheme for the legal<br />

sector, alongside the University of<br />

Wolverhampton. It’s a cause close to<br />

her heart as it encourages young people<br />

from under-represented ethnic minorities<br />

to consider a career in law.<br />

Finally, she is also a member of Law<br />

Society’s Law Tech Committee, which<br />

helps to raise awareness on technology<br />

within the legal sector.<br />

Busy? Yes, and then we get to the<br />

Birmingham Law Society. After a year<br />

as Deputy Vice President and then Vice<br />

President, she took over the helm in<br />

2020 in the depths of the pandemic…<br />

“They called me the ‘Lockdown<br />

President’,” she laughs, “It was<br />

impossible to organise in-person events<br />

and on paper, that made the year seem<br />

really challenging. But we worked hard<br />

to maintain member engagement,<br />

hosted more events than ever before<br />

and our membership grew, too. Best of<br />

all, I raised over £22,000 for my chosen<br />

charity for the year.<br />

“I was delighted with how it went.”<br />

Her focus is now firmly on <strong>IoD</strong> West<br />

<strong>Midlands</strong>, though she will retain one<br />

other voluntary role: “I am still a board<br />

member of the Child Brain Injury Trust.<br />

It’s a cause I’m very close to.”<br />

Inez is the first to admit to being a bit<br />

of workaholic – and it’s that energy she’s<br />

determined to bring to the <strong>IoD</strong> for the<br />

next three years.<br />

From the outset, she has been<br />

impressed by the structure in place and<br />

the people who make the <strong>IoD</strong> tick.<br />

“The <strong>IoD</strong> has so much to offer.<br />

Its levels of engagement across<br />

the business community are really<br />

impressive, but when you dig down,<br />

it’s so much more than being a<br />

representative voice.”<br />

“The director development and<br />

training arm brings real value to<br />

members and Chartered Director is a<br />

qualification with real standing. Then<br />

you add in the tax and law helplines,<br />

the meeting spaces, the events… it’s<br />

a package that goes far beyond what<br />

other business groups offer.”<br />

Continued on page 10<br />

You can contact Inez via chair.westmidlands@iod.net<br />

<strong>Autumn</strong> 2021<br />

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

09


In profile: <strong>IoD</strong> West <strong>Midlands</strong>’ chair, Inez Brown<br />

Continued from page 9<br />

However, it is the access to policy<br />

making and government that really<br />

stands out for Inez. “The <strong>IoD</strong> delivers<br />

change and improvements to the<br />

business landscape through its<br />

engagement with government,” she<br />

says. “It’s on a different level. We<br />

saw that during the pandemic, when<br />

the employee support packages<br />

and bounceback loans were directly<br />

influenced by the <strong>IoD</strong>’s representations<br />

to government.”<br />

Inez sees its USP, then, “as this ability<br />

to bring about positive change at the<br />

highest level.”<br />

But if that’s where it works, what<br />

doesn’t it do so well? Where does the<br />

<strong>IoD</strong> need to improve?<br />

“We’ve got to up our game on<br />

membership engagement. It’s been<br />

difficult over the past 18 months to reach<br />

out to members, but that changes now.”<br />

<strong>IoD</strong> West <strong>Midlands</strong> has got off to a<br />

good start with the opening of the new<br />

members’ lounge and hub at the Grand<br />

Hotel, Birmingham, she points out; “that<br />

is a real signal of intent that we want to<br />

get closer to our members.<br />

“I’m hoping we will add to this hub,<br />

with similar set-ups in Coventry,<br />

Worcester and the Black Country in the<br />

future. Our strategy is to make ourselves<br />

more visible both to the members and<br />

the wider community.”<br />

Events will be back on schedule, with<br />

a focus on business sectors in which<br />

membership is strong but events may<br />

have been weak in the past, such as<br />

science and manufacturing. As well as<br />

conferences on these areas, there will<br />

be events to tie in with Coventry’s City<br />

of Culture “to make sure the <strong>IoD</strong> flag is<br />

flying in the arts.”<br />

She is also keen to deepen the <strong>IoD</strong><br />

links with the region’s universities. “The<br />

University of Wolverhampton student<br />

mentoring programme is excellent and<br />

I would like to see it expanded and<br />

promoted to a wider audience.”<br />

Inez is also determined to improve<br />

the <strong>IoD</strong>’s grip on social media, and<br />

to address any generational gaps by<br />

welcoming younger business leaders into<br />

the fold. “There is a real concern that the<br />

<strong>IoD</strong> doesn’t shout about itself enough.<br />

We need to change that dynamic.”<br />

Diversity is another key focus. “The<br />

<strong>IoD</strong> is nowhere near diverse enough. It<br />

does not reflect the nation; we know<br />

that. The definition of any organisation’s<br />

diversity is to ask, can people from<br />

outside see people inside who look like<br />

them. We have to face facts; that isn’t<br />

true for enough people, whether it is<br />

through gender, ethnicity, disability or<br />

sexual orientation.<br />

“The positive is that the first step to<br />

change is to acknowledge the problem in<br />

the first place. The <strong>IoD</strong> is taking diversity<br />

seriously. There has been a lot of work<br />

done, and more to do. But when we have<br />

female directors still making up only 19<br />

per cent of the total, we know we’ve got<br />

a long way to go.”<br />

“We’ve made changes. They aren’t<br />

enough, and lots more work needs to<br />

be done, but I’m determined to lead the<br />

way so that we become an organisation<br />

that truly reflects the nation.”<br />

What Inez is also keen to be is a voice<br />

for those businesses still struggling<br />

as we emerge from the worst of the<br />

pandemic. “The past 18 months have<br />

been really painful for everyone. While<br />

some businesses have managed well<br />

– indeed, have thrived – others are still<br />

trying to get back on their feet.<br />

“The <strong>IoD</strong> is here to help. Talk to us.<br />

Our regional ambassadors have a wealth<br />

of information on where support can<br />

be found, advice on training or ideas<br />

“The <strong>IoD</strong> delivers change<br />

and improvements to the<br />

business landscape<br />

through its engagement<br />

with government... it’s<br />

on a different level...<br />

for growing back stronger. If there is a<br />

problem in your sector, tell us about it.<br />

We can communicate to government<br />

what’s stopping you getting on with<br />

business and see if we can unblock the<br />

system.”<br />

She highlights <strong>IoD</strong> Policy Voice as “a<br />

“The <strong>IoD</strong> delivers change<br />

and improvements to<br />

the business landscape<br />

through its engagement<br />

with government ... It’s on<br />

a different level...”<br />

great vehicle for communicating the<br />

issues affecting you.”<br />

Is she confident business can get back<br />

to the levels pre-pandemic, particularly<br />

with the extra challenges that Brexit is<br />

throwing up? “Yes, we can. I’m a born<br />

optimist and my attitude is, we can do<br />

this.<br />

“It’s been hard for us all – no one is<br />

going to say different – and we’re not<br />

out of the woods yet either, but I’m<br />

convinced that there are opportunities<br />

around the corner for us all. We’ve got to<br />

pick ourselves up and work together to<br />

make the most of them.”<br />

On Brexit, Inez thinks we have to get<br />

away from a mindset of looking back.<br />

“Whatever your views, whether Remain<br />

or Brexit, it’s behind us. I don’t think<br />

anyone seriously thinks the situation will<br />

change. So it’s up to us, the business<br />

leaders, to make the most of the<br />

opportunities it brings. One of the <strong>IoD</strong>’s<br />

goals is to help business leaders see the<br />

positives and take advantage of them.”<br />

Inez is happy to chat to members –<br />

just pick your time! “For a workaholic<br />

I’m surprisingly strict on my time<br />

management and my personal time. I<br />

think it is down to all those years as a<br />

legal secretary, being ultra organised…<br />

I’ve a routine that I stick to, to create<br />

some ‘me time’. I walk through the door<br />

at home and the work bag goes down,<br />

not to be touched until the next day. No<br />

phone calls once I get to 7pm.”<br />

No surprise, however, that she doesn’t<br />

relax by sitting still. “On no, I fill my time<br />

constructively. Cinema, theatre, holidays<br />

– I have to have my holidays – and I’m a<br />

member of an eating group that tries out<br />

all the different restaurants in Birmingham.<br />

I reckon we’ve tried them all…”<br />

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

<strong>Autumn</strong> 2021


News<br />

Firms offered help to tackle<br />

banking complaints<br />

Ian Priest<br />

<strong>IoD</strong> members with unresolved<br />

complaints against their bank are<br />

reminded that they can seek recourse<br />

through the Business Banking Resolution<br />

Service (BBRS)<br />

48,000+ SMEs across the West<br />

<strong>Midlands</strong> could potentially use the BBRS<br />

to find solutions to their unresolved<br />

banking complaints, dating back to<br />

December 2001. It’s an independent<br />

body, providing a high quality, free-ofcharge<br />

dispute resolution service. A<br />

‘Customer Champion’ will provide free,<br />

personalised support from highly skilled<br />

and experienced dispute resolution<br />

specialists.<br />

Businesses can find out if they could<br />

be able to use the service on its website,<br />

including a quick online checking tool:<br />

www.thebbrs.org/register<br />

Businesses that meet these broad<br />

criteria may be able to apply:<br />

• You have an unresolved business<br />

banking complaint against one of these<br />

banks or their subsidiaries:<br />

• Barclays Bank PLC and Barclays Bank<br />

UK PLC<br />

• Danske Bank<br />

• HSBC UK Bank plc<br />

• Lloyds Banking Group (Lloyds Bank<br />

plc and Bank of Scotland plc)<br />

• NatWest Group (including The<br />

Royal Bank of Scotland Plc, National<br />

Westminster Bank plc, Coutts &<br />

Company and Ulster Bank Limited<br />

(Northern Ireland))<br />

• Santander UK plc<br />

• Virgin Money (including Clydesdale<br />

Bank PLC and Yorkshire Bank)<br />

• You made a formal complaint to your<br />

bank from December 2001 onwards,<br />

and have not had (or been able to have)<br />

an independent review, nor agreed a<br />

settlement, or gone to court<br />

• At the time of the complaint, you had<br />

a turnover of:<br />

• 2001 - 2009: between £1 million and<br />

£6.5 million<br />

• 2009 - 2019: between £2 million and<br />

£6.5 million<br />

• 2019 onwards: between £6.5 million<br />

and £10 million<br />

About the author<br />

Ian Priest spent 31 years in banking before starting his business as a<br />

commercial finance broker, assisting businesses to source the right<br />

finance for their needs on the best possible terms.<br />

He Is Chair of the Institute of Directors in the Black Country and<br />

has been on both the <strong>Midlands</strong> Engine Investment Funds<br />

Regional Advisory Board and the Strategic Oversight Board.<br />

Ian is a trustee of Groundwork West <strong>Midlands</strong>, which is part<br />

of the Federation of Groundwork Trusts.<br />

He can be contacted on ip@independentbankers.co.uk<br />

PKF Smith Cooper welcomes a new roster of<br />

graduates into their ranks<br />

A new cohort of graduates has joined<br />

PKF Smith Cooper, adding a wealth of<br />

talent to its accounting, audit and tax<br />

teams as they begin training for future<br />

success.<br />

Located across PKF Smith Cooper<br />

offices – Nottingham, Derby, and<br />

Birmingham – and the Smith Cooper<br />

Independent Financial Solutions (Smith<br />

Cooper IFS) office in Burbage, the<br />

graduates have a diverse range of skills,<br />

qualifications, and attributes.<br />

With the most recent cohort induction<br />

occurring in parallel with the formulation<br />

of company values – Engage, Empower,<br />

Excel – there has been an emphasis upon<br />

the ways in which both the company and<br />

new graduates embody these values.<br />

John Farnsworth, Corporate Finance<br />

Partner, commented: “This year’s cohort<br />

aligns with PKF Smith Cooper’s ‘Excel’<br />

value, being one of the strongest we’ve<br />

ever recruited. We look forward to<br />

working with all of them in developing<br />

their careers.”<br />

Through this recruitment and training<br />

process, graduates are introduced into<br />

the world of business and finance,<br />

engaging with clients and colleagues on<br />

a regular basis to learn the ropes and<br />

demonstrate the professional, transparent,<br />

and trustworthy environment created<br />

within PKF Smith Cooper.<br />

All graduates are empowered to<br />

perform at the height of their potential<br />

through regular praise and constructive<br />

feedback, as well as being encouraged<br />

to develop productive relationships with<br />

clients and colleagues for personal<br />

development.<br />

One of the new graduate Financial<br />

Planning Analysts, Aman Matharu, said:<br />

“Smith Cooper IFS has created a very<br />

friendly and encouraging atmosphere<br />

that will help me to achieve my potential.”<br />

It was a view endorsed by a newcomer<br />

to the Birmingham team, Graduate Audit<br />

Assistant Helen Bonsmann: “I’m really<br />

excited about starting my new role at<br />

PKF Smith Cooper, which will give me<br />

the opportunity to learn new skills, learn<br />

about clients’ needs, and meet new<br />

people.”<br />

Three of this autumn’s<br />

new graduate recruits:<br />

Helen Bonsmann, Lewis<br />

Coles, and Manryan Singh<br />

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

<strong>Autumn</strong> 2021


It’s time to celebrate the <strong>IoD</strong><br />

<strong>Midlands</strong> Directors of the Year<br />

<strong>IoD</strong> <strong>Midlands</strong> Director<br />

of the Year Awards<br />

Date: November 4<br />

Venues:<br />

West <strong>Midlands</strong>: Grand Hotel,<br />

Birmingham<br />

East <strong>Midlands</strong>: The National Space<br />

Centre, Leicester<br />

• The event will also be live-streamed<br />

to a limited audience<br />

who cannot make the live event<br />

We are getting ready to host our first<br />

major in-person event in 18 months –<br />

and it’s going to be a great night!<br />

We are delighted to announce that<br />

the 2021 <strong>IoD</strong> <strong>Midlands</strong> Director of the<br />

Year Awards will be held in person as a<br />

live event once more, giving us a chance<br />

to personally acknowledge and applaud<br />

the efforts of our region’s business<br />

leaders and directors.<br />

The Awards ceremony will take place<br />

on Thursday, November 4.<br />

We’ve had a bumper crop of highquality<br />

entries to this year’s awards, with<br />

shining examples of directors who have<br />

led their businesses steadfastly through<br />

the worst of the pandemic, inspiring<br />

growth against the odds while all the<br />

time keeping their employees focused,<br />

positive and motivated.<br />

As in 2021, the awards are a joint<br />

project between <strong>IoD</strong> East <strong>Midlands</strong> and<br />

<strong>IoD</strong> West <strong>Midlands</strong>. We’re stripping back<br />

DIRECTOR<br />

OF THE YEAR<br />

AWARDS 2021<br />

DIRECTOR OF THE YEAR<br />

LARGE BUSINESS<br />

DIRECTOR OF THE YEAR<br />

SME<br />

DIRECTOR OF THE YEAR<br />

FAMILY BUSINESS<br />

DIRECTOR OF THE YEAR<br />

START-UP<br />

DIRECTOR OF THE YEAR<br />

THIRD SECTOR<br />

ENTER NOW AT<br />

www.iod.com/<br />

the frills this year, in a nod to Covid-19,<br />

and the ceremony will be a very informal<br />

affair over drinks and canapés.<br />

But thanks to our brilliant media and<br />

tech partners at DRP Group, we will be<br />

hosting the event in not one but TWO<br />

locations. Award nominees from the<br />

West <strong>Midlands</strong> will join us in Birmingham<br />

at our new hub in the Grand Hotel, while<br />

the event for nominees from the East<br />

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

DIRECTOR OF THE YEAR<br />

INTERNATIONAL<br />

DIRECTOR OF THE YEAR<br />

INNOVATION<br />

DIRECTOR OF THE YEAR<br />

YOUNG<br />

DIRECTOR OF THE YEAR<br />

AGILITY & RESILIENCE<br />

DIRECTOR OF THE YEAR<br />

EQUALITY, DIVERSITY & INCLUSION<br />

DIRECTOR OF THE YEAR<br />

CSR<br />

DIRECTOR OF THE YEAR<br />

NON-EXECUTIVE<br />

DIRECTOR OF THE YEAR<br />

PUBLIC SECTOR<br />

DIRECTOR OF THE YEAR<br />

SUSTAINABILITY<br />

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

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

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

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

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

<strong>Midlands</strong> will be at Leicester’s National<br />

Space Centre. Even better, the events<br />

are FREE.<br />

Places are limited and we are<br />

reserving them in the first instance for<br />

award nominees and their guests. But<br />

contact cari.grice@iod.com if you wish<br />

to be placed on a reserve list if there is<br />

space.<br />

‘‘<br />

We will be celebrating directors who have led their businesses steadfastly<br />

The Grand Hotel, Birmingham<br />

National Space Centre, Leicester<br />

through the worst of the pandemic, inspiring growth against the odds while<br />

all the time keeping their employees focused, positive and motivated<br />

<strong>Autumn</strong> 2021<br />

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

13


News<br />

<strong>IoD</strong>: Government must ‘show its<br />

workings’ as tax rises planned<br />

Warning over<br />

impact on jobs<br />

and investment<br />

In its submission to the<br />

Spending Review and<br />

<strong>Autumn</strong> Budget<br />

2021, the <strong>IoD</strong> has<br />

urged the government<br />

to reduce the planned<br />

level of business tax<br />

rises, now that the economic outlook is<br />

more positive than was expected at the<br />

time of the last Budget.<br />

With the Office of Budget Responsibility<br />

expected to revise its GDP growth<br />

forecasts for 2021 upwards, resulting in<br />

stronger tax receipts, the need for<br />

government borrowing has lessened.<br />

Consequently, the government will have<br />

more room for manoeuvre than<br />

previously expected, without<br />

jeopardising the essential need for a<br />

reduction in government debt as a<br />

proportion of GDP.<br />

ONS data on government spending<br />

had again come in below the level<br />

expected by the Office of Budget<br />

Responsibility at the time of the March<br />

Budget. Then, the projected stabilisation<br />

of government debt levels was primarily<br />

achieved through a decision to raise<br />

corporation tax from 2023, described at<br />

the time by the Institute of Fiscal Studies<br />

as “the biggest tax raising budget since<br />

1993”.<br />

Since then, the announcement of a new<br />

Health and Social Care Levy has<br />

further raised taxation on business<br />

through an increase in employer’s<br />

National Insurance contributions.<br />

However, despite rushing the legislation<br />

through Parliament, the government’s<br />

own impact assessment does not<br />

quantify the effects beyond saying there<br />

is expected to be a “significant<br />

macroeconomic impact”.<br />

The <strong>IoD</strong> is calling on government to:<br />

• Reduce the planned level of business<br />

tax rises now that the economic outlook<br />

is more positive than was expected at the<br />

time of the last Budget.<br />

• Conduct, and publish before the<br />

March 2022 budget, its own<br />

macroeconomic assessment of the<br />

proposed rise in employer’s national<br />

insurance including, but not limited<br />

to, the effect on GDP, private sector<br />

investment and employment, on a<br />

national, sectoral, regional and<br />

demographic basis.<br />

• Commit to taking account of the<br />

results of this assessment before the end<br />

of the 2022-23 transition period to the<br />

new levy system.<br />

<strong>IoD</strong>’s new Chief Economist Kitty Ussher<br />

said: “When the National Insurance<br />

increases were announced, we were<br />

surprised about the lack of analysis as to<br />

the effects of these decisions.<br />

“Parliament is being asked to agree<br />

legislation with significantly negative<br />

economic and business impacts, without<br />

having the evidence before them of the<br />

extent of that impact.<br />

“The way this decision has been made<br />

and implemented falls well short of good<br />

government practice, as well as their own<br />

commitment to put real-world impacts at<br />

the heart of its decision-making. We are<br />

Pictured above: Kitty Ussher<br />

You can read more about the <strong>IoD</strong>’s policy views at<br />

https://www.iod.com/news-campaigns/news<br />

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

<strong>Autumn</strong> 2021


“<br />

“When the National<br />

Insurance increases<br />

were announced, we<br />

were surprised about<br />

the lack of analysis as<br />

to the effects of these<br />

decisions...<br />

therefore urging government to show its<br />

workings-out of the effects of tax rises<br />

on jobs and the economy.”<br />

In its submission, the <strong>IoD</strong> has<br />

also suggested a number of specific<br />

measures that the government should<br />

adopt to support business investment,<br />

improve business access to skills, reform<br />

business rates and support our shift to a<br />

low carbon economy.<br />

Help spur business investment<br />

• Commit to extend the 130%<br />

investment super-deduction beyond<br />

March 2023 to give companies the<br />

confidence to engage in longer-term<br />

investment planning.<br />

• Expand the scope of the R&D tax<br />

credit system to give greater weight to<br />

digital innovation, new applications of<br />

cloud computing and innovation of all<br />

kinds that will reduce carbon emissions.<br />

• Inject significant capital into<br />

the dedicated regional funds managed<br />

by the British Business Bank, now<br />

that European Commission structural<br />

funding is no longer available.<br />

• Double the maximum investment a<br />

new company can receive through the<br />

Seed Enterprise Investment Scheme<br />

from £150,000 to £300,000.<br />

• Consult on expanding the definition<br />

of qualifying activity on tax relief for<br />

investments in venture capital schemes<br />

to include professional<br />

services, hospitality and low-carbon<br />

energy.<br />

• Introduce a more<br />

generous company tax incentive for the<br />

specific purpose of upskilling on certified<br />

professional development courses,<br />

including for board directors.<br />

A five-point plan to improve business<br />

access to skills<br />

1. Increase the resourcing and mandate<br />

of Sector Skills Councils to ensure<br />

high-quality industry-specific accredited<br />

and modularised training and progression<br />

paths are available at every level of<br />

every type of work, online and in person.<br />

2.Reintroduce lifelong personalised<br />

training budgets to be used on such<br />

accredited vocational and professional<br />

training to ensure nobody is prevented<br />

from obtaining high-quality industryspecific<br />

skills they need to progress,<br />

regardless of their age,<br />

seniority or employment status.<br />

3. Widen the uses to which firms<br />

deploy their apprenticeship levy funding<br />

pots to fill skills gaps at all levels within<br />

the organisation.<br />

4. Introduce tax allowances for sole<br />

traders and the self-employed to<br />

incentivise investment in accredited<br />

professional and vocational training.<br />

Crucially this should include vocational/<br />

professional upskilling and reskilling as<br />

opposed to the refresher and CPD<br />

courses that are already tax deductible.<br />

5. For those out of work<br />

(a) extend the Kickstart apprenticeship<br />

scheme beyond December 2021 and<br />

remove the age restrictions and<br />

(b) reinvigorate the Enterprise<br />

Allowance by involving a wider range of<br />

organisations in the mentoring aspect of<br />

the scheme.<br />

Business rates, digital sales tax and<br />

levelling-up<br />

• The tax system should be neutral as<br />

to whether an item is sold online or in a<br />

physical shop.<br />

• The business rate system should<br />

reward investment in those geographic<br />

areas that have greatest need<br />

of regeneration. As part of this it should<br />

be sufficiently flexible that local<br />

authorities can use it to ‘placemake’:<br />

incentivising the types of<br />

retail and commercial environments that<br />

communities say they want to see.<br />

• Any tax on commercial premises<br />

should be designed to incentivise<br />

investment in the quality of buildings,<br />

Chancellor Rishi Sunak has a big job to<br />

do in the coming months<br />

including reducing their carbon<br />

footprint, improve accessibility and<br />

introducing high standards of building<br />

quality and ventilation that business<br />

leaders and staff find necessary in a<br />

post-Covid world.<br />

• Valuations should be more frequent,<br />

and in line with the business cycle.<br />

The green opportunity<br />

• TCFD requirements around financial<br />

disclosures of environmental impact<br />

should apply to all UK companies that<br />

are currently required to produce a<br />

non-financial information statement, and<br />

over time to a wider range of companies.<br />

• Section 172 of the 2006 Companies<br />

Act should be amended in order<br />

to require directors to have regard to,<br />

among other things, “the impact of the<br />

company’s operations on the community<br />

and the environment,” in line with the<br />

Better Business Act campaign.<br />

Kitty Ussher further commented: “The<br />

economic shock of the<br />

pandemic, combined with Britain’s<br />

decision to leave the European<br />

Union, has compounded an underlying<br />

structural problem in the labour market,<br />

namely the mismatch between the needs<br />

of firms and the level of skills in the<br />

economy.<br />

“Now that we’ve left the EU, people<br />

running businesses up and down the<br />

country are looking to government<br />

to finally sort this out with a Budget that<br />

causes a permanent step change<br />

in people’s desire and ability to reskill.”<br />

<strong>Autumn</strong> 2021<br />

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

15


News<br />

East <strong>Midlands</strong> SMEs and universities take<br />

a lead in boosting business growth<br />

In March 2021, Chancellor Rishi Sunak<br />

announced a new scheme to support<br />

SME leaders to develop the management<br />

tools needed to innovate and grow<br />

their business. Since Help to Grow:<br />

Management launched nationally in<br />

summer 2021, universities in the East<br />

<strong>Midlands</strong> have taken a lead by running<br />

some of the very first courses.<br />

SMEs across the East <strong>Midlands</strong> now<br />

have an opportunity to join the Help<br />

to Grow course with 30,000 places<br />

available for businesses over the next<br />

two years. The region’s universities have<br />

come together with a co-ordinated<br />

schedule to support Help to Grow, with<br />

a variety of start dates on offer hosted<br />

by the University of Nottingham and<br />

Nottingham Trent University.<br />

Boosting productivity<br />

Help to Grow: Management is a 12-<br />

week programme for SME senior leaders<br />

and decision-makers who are seeking to<br />

boost productivity and growth in their<br />

ventures. The programme has been<br />

designed by a national consortium of<br />

universities holding the Small Business<br />

Charter – an award for those universities<br />

demonstrating engagement with SMEs.<br />

Help to Grow: Management is about<br />

supporting SME leaders to make a<br />

difference in their businesses and<br />

modules include strategies for growth<br />

and innovation, financial management,<br />

branding and marketing, leading a highperformance<br />

workplace, and digital<br />

adoption. The course has been designed<br />

to be manageable alongside full-time<br />

work and places an emphasis on being<br />

relevant to SMEs.<br />

New ideas and established expertise<br />

Help to Grow combines insights from<br />

Business School academics specialising<br />

in the topics studied, alongside business<br />

practitioners who ensure that the<br />

knowledge shared is communicated<br />

in a relevant manner. There is also an<br />

important role for course delegates<br />

to share ideas through peer-to-peer<br />

networking as an integral part of the<br />

learning experience.<br />

A particular highlight of the<br />

programme is the inclusion of ten hours<br />

of expert mentoring for each individual<br />

delegate on the course, underlining the<br />

applied nature of the course. By taking<br />

part in Help to Grow: Management, SME<br />

leaders can apply what they learn to<br />

advance their businesses.<br />

Dr Lynn Oxborrow, Programme<br />

Director, Nottingham Business School,<br />

said that “the whole course has been<br />

put together with examples and real-life<br />

case studies based on SMEs that have<br />

innovated, taken advantage of market<br />

opportunities, effectively engaged their<br />

teams, and ultimately grown as a result.<br />

It is all designed to help experienced and<br />

new SME decision-makers to enhance<br />

their leadership effectiveness.”<br />

By the end of the programme<br />

delegates will have developed a tailored<br />

business growth plan to help lead their<br />

businesses to their full potential with<br />

further access to an alumni network and<br />

the contacts they have built through the<br />

course.<br />

Government support<br />

Help to Grow is 90% subsidised by the<br />

government as part of its Plan for Jobs<br />

to help businesses drive growth and<br />

protect jobs. Delegates pay £750 to join<br />

the course.<br />

Small Business Minister Paul Scully<br />

said: “Seizing opportunity is what being<br />

a business leader is all about, and our<br />

Help to Grow Management Scheme gives<br />

entrepreneurs the chance to access the<br />

very best advice on how to innovate,<br />

reach new customers and boost profits.<br />

Find out more gov.uk/helptogrow<br />

“We would encourage <strong>IoD</strong><br />

members that work with<br />

SMEs to highlight this<br />

programme as a great<br />

opportunity to take their<br />

business to the next level”<br />

Dr Robert Wapshott, Nottingham<br />

University Business School.<br />

“The practical training scheme is 90%<br />

funded by the government and designed<br />

around busy business owners’ schedules,<br />

so I would encourage entrepreneurs<br />

across the UK to get involved and<br />

maximise the potential of their business.”<br />

The <strong>IoD</strong> perspective<br />

The <strong>IoD</strong> has a track record of<br />

supporting SMEs through its<br />

membership and lobbying activities.<br />

“We would encourage <strong>IoD</strong> members<br />

that work with SMEs to highlight this<br />

programme as a great opportunity to<br />

take their business to the next level,”<br />

said Programme Director, Dr Robert<br />

Wapshott, Nottingham University<br />

Business School.<br />

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

<strong>Autumn</strong> 2021


Leadership and<br />

governance<br />

development<br />

programmes<br />

for FE sector<br />

In partnership with the Education and<br />

Training Foundation (ETF) and the<br />

Department for Education (DfE), the <strong>IoD</strong><br />

will be working with college Chairs and<br />

governance professionals across England<br />

to deliver an enriching development<br />

experience.<br />

Our approach will not only develop the<br />

knowledge, skills and mindset of<br />

participants but also have a positive and<br />

lasting impact on the effectiveness of<br />

college corporation boards and the sector<br />

overall.<br />

The Chairs’ Leadership Programme<br />

provides a unique opportunity for college<br />

Chairs and aspiring Chairs to reflect on<br />

their role, develop their performance, and<br />

ultimately enhance the value they add to<br />

the board and their wider organisation.<br />

This will support the government’s strategy<br />

of developing a highly trained cadre of<br />

board members of FE and sixth form<br />

colleges, thereby enhancing performance<br />

and strengthening governance within the<br />

sector.<br />

Find out more. Click HERE for details<br />

The Governance Professionals’<br />

Leadership Programme is designed for<br />

clerks to boards, company secretaries and<br />

those fulfilling similar roles.<br />

The governance professional has a<br />

critical role to play in meeting the<br />

administrative and procedural<br />

requirements of the board, as well as being<br />

the trusted adviser – enabling efficient,<br />

effective discussion and decision-making.<br />

Find out more. Click HERE for details<br />

Training fund opens for<br />

businesses’ Covid fightback<br />

As we embark on the road<br />

to recovery from Covid-19,<br />

does your business need<br />

staff training and upskilling?<br />

A new fund has opened, offering<br />

support for businesses as they look to<br />

upskill their workforce as part of their<br />

post-pandemic recovery.<br />

The Supplier Skills Programme is<br />

offering grants £500 - £18,000 for<br />

SMEs to upskill new and existing<br />

employees.<br />

The £12m Supplier Skills Programme<br />

is part-funded by the European Social<br />

Fund (ESF) and is managed by<br />

Birmingham City Council.<br />

This programme is available to SMEs<br />

which are:<br />

n Based within, or locating to, the<br />

‘More Developed’ areas of The Greater<br />

Birmingham and Solihull Local<br />

Enterprise Partnership (GBSLEP),<br />

namely Birmingham; Redditch;<br />

Bromsgrove; Solihull; and Wyre Forest<br />

n Operating within the priority<br />

growth sectors within the GBSLEP<br />

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

welcomed an intern for six<br />

weeks called Ben Rampling...<br />

Hello, my name is Benjamin Rampling.<br />

I recently graduated from Nottingham<br />

Trent University with a Master’s<br />

in Media & Globalisation.<br />

After my graduation, I had the<br />

opportunity to attend a six-week<br />

Internship through Nottingham<br />

Trent for the <strong>IoD</strong>. It was a fantastic<br />

opportunity to gain an insight of<br />

leading directors to good governance,<br />

marketing, and networking.<br />

I also enjoyed meeting our team<br />

from the East and West <strong>Midlands</strong><br />

branches as well connecting and<br />

working with other branches with<br />

projects and events.<br />

I’m sorry this opportunity was short<br />

but I hope to meet you all with my<br />

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

I am also looking for further<br />

opportunities to use my skills<br />

‘More Developed’ areas as outlined in<br />

the eligibility criteria<br />

n Able to match fund the training<br />

costs (50% of training costs will be<br />

match funded by the SME and the<br />

remaining 50% by ESF) (Note: Match<br />

funding cannot be sources from public<br />

funds)<br />

All training must be accredited by<br />

the Ofqual Framework or recognised<br />

by industry and professional<br />

accrediting bodies.<br />

The grant will enable employees to<br />

achieve any of the following:<br />

n Full qualifications level 1-7, or<br />

equivalent<br />

n Units or a unit of qualification at<br />

basic level<br />

Further details of this programme,<br />

including full eligibility criteria are<br />

available on<br />

www.birmingham.gov.uk/ssp<br />

If you would like to register your<br />

interest, please email:<br />

SSP@birmingham.gov.uk<br />

• The Supplier Skills Programme is<br />

part funded by European Social Fund<br />

(ESF)<br />

<strong>IoD</strong> helps Ben on learning journey<br />

and knowledge gained within<br />

the <strong>IoD</strong> start on my career goals.<br />

Thank you everyone at the <strong>IoD</strong> for this<br />

opportunity and hope to see you in<br />

the future.<br />

<strong>Autumn</strong> 2021<br />

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

17


About the <strong>IoD</strong>: Members’ benefits and services<br />

Membership cards dropped as<br />

<strong>IoD</strong> improves sustainability<br />

As part of the <strong>IoD</strong>’s environmental drive,<br />

we are delighted to announce that we have<br />

received the Planet Mark certificate to underline<br />

our efforts to promote sustainability<br />

and a low carbon agenda. The <strong>IoD</strong> remains<br />

determined to ensure climate change<br />

climbs the agendas of boardrooms across<br />

the country, and our work with Planet Mark<br />

is proof of this.<br />

One consequence is that we have decided<br />

to stop sending out <strong>IoD</strong> membership<br />

cards and we are cutting down on other<br />

paper products.<br />

As part of our Planet Mark commitment<br />

we have reduced our absolute carbon reduction<br />

by 42.6 per cent, and the absolute<br />

carbon reduction per employee is 22.5 per<br />

cent.<br />

For more details, see<br />

https://www.planetmark.com/member/iod/<br />

Membership inquiries<br />

Should you have any questions regarding your<br />

<strong>IoD</strong> membership or renewal then please contact<br />

your local Branch Manager in the first instance.<br />

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

Cari Grice<br />

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

t: 0115 857 8170<br />

Making a difference<br />

to the environment<br />

The <strong>IoD</strong> is proud to launch its new Sustainable Business Hub. It brings<br />

together all the <strong>IoD</strong>’s sustainability related events, news, educational<br />

content and other initiatives occurring across our community into a single,<br />

easily searchable location.<br />

Check it out now at: https://www.iod.com/news/sustainable-business/<br />

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

Pam Kaur,<br />

Senior Branch Manager,<br />

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

e: Pam.kaur@iod.com<br />

Frances Fairclough<br />

Branch Manager,<br />

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

Frances.Fairclough@iod.com<br />

Members’ magazine<br />

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

we are always looking for interesting<br />

and relevant editorial for the magazine<br />

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

Fairclough about any content you may<br />

have. There are also opportunities to<br />

advertise in this magazine. For more<br />

details speak to Colin Regan at Chamber<br />

Media Services (details on pg 3) and see<br />

how the <strong>IoD</strong> <strong>Midlands</strong> magazine can be<br />

part of your marketing plan.<br />

A London address for your<br />

business – without the rent!<br />

Do you need a central London office<br />

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

high rent for a physical space?<br />

Do you want help on mail and call<br />

handling? Then the <strong>IoD</strong> Virtual<br />

Office can offer you and your<br />

business all of that and so much<br />

more!<br />

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

Virtual Office and registering your<br />

company in Pall Mall will raise the<br />

profile of your business and give it<br />

a much sought-after SW1 postcode<br />

and London phone number,<br />

positioning you right in the heart of<br />

the capital.<br />

You can tailor this address with<br />

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

call handling and a hot desk facility<br />

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

<strong>IoD</strong> Virtual Office prices start<br />

from £90 plus VAT a month for<br />

members, while a dedicated<br />

London telephone number(s) with<br />

professional call handling from our<br />

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

team starts from £75 plus VAT a<br />

month (members).<br />

Call 0207 451 3300 for details.<br />

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

<strong>Autumn</strong> 2021


The <strong>IoD</strong><br />

Helping you Connect, Develop and Influence<br />

Did you know as a full <strong>IoD</strong> member* you get...<br />

Free business<br />

advice,<br />

research and<br />

information<br />

25 enquiries to the<br />

Business<br />

Information<br />

Service<br />

Four sessions with<br />

our business<br />

advisers<br />

25 calls to our legal<br />

helpline and 25 calls to<br />

our tax helpline<br />

BUSINESS INFORMATION<br />

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

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

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

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

abroad and employee salaries.<br />

Key details<br />

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

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

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

research time on each occasion<br />

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

during exceptionally busy periods<br />

*According to your membership package<br />

DIRECTORS’ ADVICE<br />

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

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

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

with just that, free of charge. Our expert advice covers issues<br />

from raising finance to board appointments and shareholder<br />

disputes.<br />

Key details<br />

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

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

issues<br />

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

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

on adviser availability<br />

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

each.<br />

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

* Full Members have full access to <strong>IoD</strong> Business Information and Advice services. Associate members have access to our digital<br />

business library, guides and archive of research and reports only.<br />

<strong>IoD</strong> Members’ Professional Benefits Programme<br />

The <strong>IoD</strong> has a host of carefully chosen,<br />

specially negotiated discounts on key<br />

services for <strong>IoD</strong> members<br />

Professional Indemnity Insurance<br />

Ensure you are protected against<br />

claims from unhappy clients.<br />

Office Insurance<br />

Save five per cent on policies covering<br />

you against damage on your business<br />

premises, such as through flooding or<br />

fire.<br />

Cyber and Data Risks Insurance<br />

Save five per cent on policies<br />

protecting you against data breaches,<br />

viruses and other attacks from hackers.<br />

Personal Private Health Insurance<br />

10 per cent discount on Bupa By You<br />

health insurance<br />

Car and Van Hire<br />

Save 10 per cent on global car hire<br />

and get free membership of Hertz’s<br />

VIP membership scheme, the Gold Plus<br />

Rewards Five Star<br />

Home and Contents Insurance<br />

Save 12.5 per cent for life of our policy.<br />

Private Client Insurance<br />

If you have a high-value home and /<br />

or contents, this <strong>IoD</strong> offer can save up to<br />

five per cent on bespoke insurance cover<br />

in the first year.<br />

International Payments<br />

The <strong>IoD</strong>’s International Payments<br />

Service, provided by WorldFirst, has now<br />

expired. Call the <strong>IoD</strong> membership team<br />

on 020 7766 8866.<br />

Busines Sales, Acquisitions and<br />

Strategy Services<br />

Whether you are buying or selling<br />

a business, careful preparation and<br />

expertise is critical to success. Find out<br />

how the <strong>IoD</strong> can help.<br />

To access all of these discounts and<br />

services, click the link below.<br />

https://www.iod.com/services/<br />

iod-professional-benefits-programme<br />

<strong>Autumn</strong> 2021<br />

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

19


<strong>IoD</strong> - Student partnerships / Mentoring<br />

<strong>Midlands</strong>’ next generation of<br />

business leaders need your help<br />

Enterprise Challenge<br />

on look out for new<br />

<strong>IoD</strong> mentors<br />

<strong>IoD</strong> East <strong>Midlands</strong> members are being<br />

asked to get involved with our student<br />

groups from Nottingham Trent<br />

University on the Enterprise Challenge.<br />

The amount of support the students<br />

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

from experience they usually meet their<br />

mentor initially on launch night, perhaps<br />

once mid-way through the Challenge<br />

and then at the celebration event.<br />

Between those dates they keep in<br />

touch via WhatsApp or email.<br />

We’re sure that this support will make<br />

them more prepared for the world of<br />

work once they graduate.<br />

If you are interested in supporting<br />

this year or know of someone who<br />

would, please email<br />

joshua.whitehead@iod.com or<br />

anna.hicks@iod.com<br />

and let us know what you would prefer<br />

to assist with.<br />

If you have any questions, then<br />

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

What do mentors involved in previous<br />

Enterprise Challenges think of the<br />

experience?<br />

We asked Clive Bridge to offer some<br />

pointers to other <strong>IoD</strong> members. “The <strong>IoD</strong><br />

Enterprise Challenge is a great example<br />

of how business can partner with<br />

education and help build awareness of<br />

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

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

well it being hopefully helpful for the<br />

students, it was great fun.<br />

“The group I worked with, ‘Calm<br />

Candles’, chose to manufacture and sell<br />

a variety of scented candles. This meant<br />

“A great initiative<br />

and one that I<br />

would definitely<br />

recommend to others”<br />

they had to think about a whole range of<br />

issues: design, procurement,<br />

manufacturing and packaging,<br />

marketing, finance, etc.<br />

“They then had to present a credible<br />

business plan in order to be allocated<br />

their initial seed money.<br />

“While the competitive element gives<br />

students that added motivation and<br />

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

provides invaluable learning about the<br />

various aspects of the business world.<br />

This brings to life the challenges and<br />

excitement of being in business far more<br />

than lectures and texts book can.<br />

“The fact that all money raised goes to<br />

the Van Geest cancer charity makes it<br />

even more worthwhile.<br />

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

I would definitely recommend to others<br />

for next year!”<br />

Want to get involved? If you would like to be one of our <strong>IoD</strong> mentors for an upcoming Enterprise Challenge<br />

with NTU students, contact joshua.whitehead@iod.com or anna.hicks@iod.com<br />

Coventry Univeristy MBA programme offers<br />

exciting student cohort for <strong>IoD</strong> mentoring<br />

<strong>IoD</strong>-Coventry University MBA Mentoring Programme closing event<br />

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

University have a long-standing<br />

relationship supporting undergraduates<br />

through a mentoring scheme.<br />

This summer, a new partnership was<br />

established to offer mentoring to MBA<br />

students. The programme allows <strong>IoD</strong><br />

members to work alongside full-time<br />

MBA students from Coventry University,<br />

for a period of three months. The<br />

mentoring programme offers a unique<br />

chance for <strong>IoD</strong> members to engage with a<br />

diverse student cohort in terms of their<br />

work experience, background,<br />

geographical expertise and knowledge,<br />

with many of the cohort being<br />

international students.<br />

The initial pilot of the programme ran<br />

from May to August this year and was a<br />

resounding success, celebrated in an<br />

online closing event at the beginning of<br />

August.<br />

Rod Tompsett, one of the mentors,<br />

spoke at the event to highlight the<br />

benefits he had accrued, which included<br />

seeing the world through younger eyes<br />

and being able to profit from viewing<br />

both sides, from different experiences.<br />

He also valued the cultural differences<br />

and the merit of developing a relationship<br />

to share advice, and being able to<br />

experience your guidance as a mentor<br />

being put into action through your<br />

mentee.<br />

The student representatives who<br />

contributed at the event shared how<br />

valuable and rewarding they had found<br />

the programme. They had developed<br />

excellent relationships with their <strong>IoD</strong><br />

mentors, and spoke about how motivated<br />

and encouraged they were by their<br />

mentors, gaining confidence from the<br />

relationship and sharpening their career<br />

goals. The students all felt the mentoring<br />

programme supported their personal<br />

development, and the opportunity to work<br />

with experienced, professional individuals<br />

provided a unique and value-added<br />

element to their MBA programme.<br />

Owing to the success of the pilot run,<br />

the <strong>IoD</strong> MBA mentoring programme is<br />

now being offered to the next cohort of<br />

MBA students at Coventry University. It<br />

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

<strong>Autumn</strong> 2021


Vintage Trains is latest business to appreciate<br />

what UCB students have to offer<br />

Could your business benefit<br />

from taking on a bright business<br />

student to complete a project,<br />

asks John Phillips F<strong>IoD</strong>?<br />

I recently travelled courtesy of Vintage<br />

Trains to Stratford-upon-Avon with<br />

a large group of business students,<br />

lecturers and family members from<br />

University College Birmingham.<br />

Vintage Trains is a not-for-profit<br />

organisation operating steam-hauled<br />

special trains across the UK. They<br />

play an important role in the West<br />

<strong>Midlands</strong>’ tourism offer, both regionally<br />

and nationally, by supporting other<br />

preserved railways with engineering<br />

services.<br />

A group of UCB students – led by<br />

the Deputy Dean of UCB’s School<br />

of Business and Tourism, Professor<br />

Michelle Callanan, and UCB tourism<br />

lecturer Helen Joyner Harris – had been<br />

asked to assist Vintage Trains’ board of<br />

trustees with a wide range of fresh ideas<br />

designed to keep marketing plans well in<br />

tune with a young, diverse and growing<br />

customer base. This communication was<br />

made possible via UCB’s programme<br />

of live industry projects where young<br />

Pictured above are Helen Joyner Harris,<br />

Tourism Lecturer with her two boys,<br />

Professor Michelle Callanan, Deputy<br />

Dean, School of Business and Tourism,<br />

and three of our most wonderful UCB<br />

students Daniel Jennifer and Tia.<br />

people can assist companies with reallife<br />

business problems and opportunities.<br />

Our host, Michael Whitehouse,<br />

Chairman of Vintage Trains, was hugely<br />

impressed by the help the company had<br />

received from the students. He said: “It’s<br />

been a fantastic experience to work with<br />

Michelle and Helen and all the students.<br />

My board has been really impressed with<br />

many of the ideas and suggestions we<br />

have received for improving our ongoing<br />

customer experience.<br />

“We are passionate about preserving<br />

railway heritage but we are equally keen<br />

to move with the times by providing a<br />

high level of service to all our customers”<br />

University College Birmingham has a<br />

long and successful history with ‘live’<br />

industry projects, both in the UK and<br />

overseas. From the 1990s, UCB students<br />

(with the support of their expert<br />

lecturers) have supported numerous<br />

organisations across the <strong>Midlands</strong>, UK,<br />

Europe and Asia.<br />

This is a real win-win situation with<br />

no money changing hands. Students<br />

benefit hugely by being exposed to the<br />

real-life problems business face, while<br />

companies can tap into the views of a<br />

very diverse, young and well-educated<br />

cohort whose views should be of interest<br />

to any board of directors<br />

Our local <strong>IoD</strong> Chairman Andy<br />

Wilkinson and I have recently taken on<br />

ambassador roles at UCB and we are<br />

determined that both organisations<br />

should work more closely together for<br />

future mutual benefit<br />

If you would are interested in<br />

accessing UCB services via the live<br />

projects initiative, please contact<br />

Professor Michelle Callanan via<br />

M.Callanan@ucb.ac.uk<br />

is hoped it will become a permanent<br />

feature going forward. If you would be<br />

interested in being an <strong>IoD</strong> mentor,<br />

please contact Jody Holland at<br />

aa3361@coventry.ac.uk for further<br />

information.<br />

Dean Kavanagh, Chair of <strong>IoD</strong> Coventry<br />

and Warwickshire commented:<br />

“Supporting the MBA programme<br />

renews our opportunity to provide an<br />

enriching experience for both the<br />

mentors and the mentees, with our<br />

members being able to share their vast<br />

and varied expertise and knowledge to<br />

help students reach their full potential.<br />

“The MBA course is one that we think<br />

our members can add full value to and<br />

we are excited to be able to continue<br />

our long-standing and successful<br />

relationship with Coventry University,<br />

who, even in these challenging times,<br />

continue to go from strength to strength.”<br />

The online closing event gave some of the mentors and their<br />

mentees to share how they had benefitte<br />

<strong>Autumn</strong> 2021<br />

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

21


Technical briefing: Cyber security<br />

Ransomware: the modern day<br />

cyberthreat facing all businesses<br />

Ransomware, one of<br />

the fastest-growing<br />

malware hazards of<br />

the 21st century,<br />

threatens businesses<br />

and public institutions around the world.<br />

A particularly virulent and fast-evolving<br />

species of malicious software, it infects<br />

computers and mobile devices, often<br />

spreading across networks to other<br />

devices.<br />

Once it compromises a system, it<br />

encrypts every data file it finds, then<br />

displays a ransom note to the user<br />

demanding an online payment of<br />

hundreds or thousands of pounds - to be<br />

paid in cryptocurrency like Bitcoin - in<br />

return for the decryption keys needed to<br />

restore the user’s locked files.<br />

In recent months ransomware attacks<br />

have become headline news. It is not<br />

new but it is a threat to all businesses.<br />

A notorious example of a ransomware<br />

attack that hit companies worldwide was<br />

the spring of 2017 WannaCry outbreak,<br />

which affected over 200,000 computers<br />

in over 150 countries. It cost the UK £92<br />

million and ran up global costs of a<br />

whopping £6 billion.<br />

In 2017, the NotPetya ransomware<br />

variant ensnared thousands of business<br />

and public institutions in a global net.<br />

Despite letting victims pay a ransom, it<br />

caused unrecoverable damage to<br />

thousands of systems.<br />

However, these are examples of the<br />

large-scale attacks that we read about in<br />

global publications. Of greater concern<br />

are the daily ransomware attacks that<br />

affect individuals, and businesses of all<br />

sizes across all sectors. Ransomware<br />

attacks have increased by nearly 500%<br />

since the start of the pandemic and the<br />

ransom costs have increased by 43%. If<br />

ransomware was a disease, it would be a<br />

pandemic.<br />

What is ransomware?<br />

Malware is a blanket term for any type<br />

of malicious software designed to harm<br />

or exploit any programmable device<br />

service or network. If able to run,<br />

malware can cause irreversible damage.<br />

Ransomware is a form of malware<br />

which typically prevents users from<br />

accessing systems or personal files by<br />

encrypting the information. Ransomware<br />

is a moneymaking scheme. The attacker<br />

will demand payment of a ransom, and in<br />

return they will publish encryption codes<br />

so the affected business can get their<br />

information back and resume businessas-usual<br />

operations.<br />

Attackers normally demand ransom is<br />

paid in cryptocurrency, such as bitcoin.<br />

Cybercriminals use this method as it is<br />

difficult to trace. Transactions can be<br />

anonymised and instantly sent across the<br />

world without leaving an obvious trail.<br />

“<br />

While it’s generally in the cybercriminals’ best<br />

interest to hold up their end of the bargain, there is<br />

no guarantee you’ll receive the promised encryption<br />

codes. Sophisticated cyber attackers won’t<br />

necessarily follow moral principles or ethics!<br />

For advice on preventing ransomware and other<br />

malicious cyber attacks, see www.kryptokloud.com<br />

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

<strong>Autumn</strong> 2021


“<br />

Homeworking has exposed<br />

new access points for cyber<br />

criminals to gain entry to<br />

corporate systems. Employees<br />

using remote computers<br />

connect to corporate networks.<br />

These can be outdated or lack<br />

the security tools needed to<br />

mitigate against a cyber-attack<br />

... businesses are practically<br />

handing themselves over to<br />

cyber criminals for exploitation.<br />

What are the statistics?<br />

The UK encountered 14.6 million<br />

ransomware attack attempts in the first<br />

half of 2021. The surge in attacks can be<br />

put down to numerous factors:<br />

Homeworking has exposed new access<br />

points for cyber criminals to gain entry to<br />

corporate systems. Employees using<br />

remote computers connect to corporate<br />

networks. These devices can be outdated<br />

or lack the security tools needed to<br />

mitigate against a cyber-attack. By<br />

extending the traditional network<br />

perimeter to unsecure homeworking<br />

locations, businesses are practically<br />

handing themselves over to cyber<br />

criminals for exploitation.<br />

Businesses experiencing a ransomware<br />

attack have been shown to pay the<br />

ransom, contrary to popular belief.<br />

Evidence suggests that large organisations<br />

who don’t have time to wait for a solution<br />

to be identified will pay their attackers to<br />

return to business-as-usual. This is<br />

understandable when a health service is<br />

breached, and lives are at risk. However,<br />

some organisations will find that their<br />

insurance becomes obsolete if they pay<br />

the ransom.<br />

What does an attack feel like?<br />

Look around your workplace and see<br />

how many different systems are linked to<br />

computer networks: servers, desktops,<br />

laptops, and telephones – these are the<br />

obvious ones. But think a little further.<br />

E-commerce websites, payment portals,<br />

documents, CCTV, door entry systems,<br />

security alarms… the list is long, and the<br />

impact is deep. Just imagine a workplace<br />

where none of these things are<br />

accessible. What would you do to<br />

continue running your business?<br />

Why ransom payment isn’t a good idea<br />

Paying a ransom might feel like a quick<br />

and easy solution – but in reality, you are<br />

funding criminal activity. This money<br />

helps criminal gangs target more<br />

organisations, reinforcing the idea that<br />

ransomware is a business model which<br />

works.<br />

While it’s generally in the<br />

cybercriminals’ best interest to hold up<br />

their end of the bargain, there is no<br />

guarantee you’ll receive the promised<br />

encryption codes. Sophisticated cyber<br />

attackers won’t necessarily follow moral<br />

principles or ethics!<br />

Paying ransom, although potentially<br />

better in the short term, can a lead to<br />

long term implications. Failure to secure<br />

the organisation’s cyber security after a<br />

breach can led to repeated attacks on<br />

your business. If criminals know you will<br />

pay the fee, they can and will do<br />

everything in their power to hack into<br />

your business network.<br />

Don’t be the next victim<br />

Following a ransomware attack, file<br />

recovery becomes next to impossible<br />

without a tried and tested back-up or a<br />

pro-active cyber security provider.<br />

At KryptoKloud we offer a suite of<br />

services to help businesses navigate their<br />

way safely through the cyber landscape.<br />

Visit www.kryptokloud.com today or<br />

email us at sales@kryptokloud.com to<br />

find out more.<br />

Let us help you sleep more easily at<br />

night.<br />

For advice on preventing ransomware<br />

and other malicious cyber attacks, see<br />

www.kryptokloud.com<br />

Yes, this starts<br />

with a ‘T’<br />

Ransomware attacks are believed to<br />

have occured every 11 seconds so far in<br />

2021, at a cost of $20 billion to victims.<br />

That’s down from an attack every 14<br />

seconds in 2019, highlighting how<br />

cyberthreats are intensifying.<br />

It is estimated that global damages<br />

related to cybercrime will reach<br />

$6 trillion.<br />

Yes, that is Trillion, with a ‘T’!<br />

<strong>Autumn</strong> 2021<br />

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

23


Profile: The Reserve Forces and Cadets Association (RFCA)<br />

Reservists’ military bearing can<br />

make a difference to your business<br />

Rob Beswick chats to Major<br />

(Retd) Bruce Spencer about his<br />

work with the Reserve Forces<br />

and Cadets Association, and<br />

how businesses can benefit from<br />

having Reservists on their books.<br />

Army Reserves being shown the<br />

ropes on a training exercise by<br />

the Army Training Regiment,<br />

part of 7 Brigade<br />

After a 38-year career<br />

in the army, it’s<br />

perhaps no surprise<br />

that Major Bruce<br />

Spencer (left) is a<br />

strong advocate for<br />

how the military life<br />

can develop and<br />

improve people’s skills and life chances.<br />

A former officer in the Worcester and<br />

Sherwood Foresters before transferring<br />

to the Adjutant General’s Corps in the<br />

1990s, his various roles included tours of<br />

Iraq and Afghanistan, a spell as the<br />

Military Attaché in Kathmandu, Nepal<br />

and running the Reserves Mobilisation<br />

centre in Nottingham.<br />

But in his current role as Regional<br />

Employer Engagement Director of the<br />

East <strong>Midlands</strong> Reserve Forces and<br />

Cadets Association (RFCA), he’s really<br />

keen to stress to <strong>IoD</strong> members the<br />

benefits that come from employing<br />

military Reservists and dispel some of<br />

the concerns directors can have over<br />

their commitments.<br />

To start with, exactly what is a<br />

Reservist? Bruce, a member of the <strong>IoD</strong>,<br />

explains: “It is basically someone who<br />

commits a small part of their time every<br />

year to support the military – whether<br />

Army, Navy or RAF. They receive the<br />

same standard of training as regular<br />

service personnel, it’s just delivered<br />

around their working lives in short doses.<br />

“We have a ‘One Army’ perspective<br />

that puts Reservists on the same level as<br />

regular troops; it gives them the chance<br />

to gain the same extraordinary skill-set<br />

of their regular counterparts.”<br />

It’s this skill-set that Bruce believes<br />

makes military people great employees.<br />

“People ask what skills life in the regular<br />

military gives people, and I’m always<br />

happy to explain them. But what I stress<br />

is that you can expect those very same<br />

skills in Reservists. The training is the<br />

same, and the qualities military people<br />

bring to the party are identical, whether<br />

they are full-time or on the reserve.”<br />

“I sum these qualities up as integrity,<br />

loyalty, robustness and contingency.”<br />

He’s happy to add depth to those<br />

words. “Service personnel bring a<br />

certain level of confidence. Military<br />

training breeds it in people, of being<br />

comfortable with what they’re asked to<br />

do. There is an integrity in military men<br />

and women. They apply themselves to<br />

the best of their ability at all times, and<br />

take ownership of their duties.”<br />

As for loyalty, “if you are fair to<br />

ex-Forces or Reservists, they’ll be fair to<br />

you. Military life hinges on loyalty and it’s<br />

true that if you show loyalty to military<br />

people, they’ll give it you back in spades.”<br />

How does this manifest itself in the<br />

workplace? “They’ll be in the office first,<br />

leave it last, respect management and<br />

the chain of command and will<br />

understand what the rules are and why<br />

they are applied. They’ll work hard and<br />

look to deliver results. Military people<br />

are, by their training, very rules driven.”<br />

But you’ll get more than that. “People<br />

ask what I mean by ‘robustness.’ You’ll<br />

see it both in their views and how they<br />

conduct themselves. If you ask them for<br />

a view, pin your ears back, as you’ll get<br />

it. At times it might be uncomfortable<br />

but it will never be delivered with malice,<br />

but rather, from a real desire to change<br />

things for the better. They’ll never be shy<br />

about coming forward and will provide<br />

challenge, but always in a way that is<br />

looking for improvements.”<br />

Finally, contingency. “The military way<br />

is to teach something, and then test it. It<br />

embeds learning but gives people the<br />

ability to develop that learning so they<br />

are flexible and can think on their feet. If<br />

something goes wrong, the military<br />

approach is to solve the problem and get<br />

on with the job. There’s no room for feeling<br />

sorry for yourself; get the job done.”<br />

In addition to these soft skills, Reservists<br />

can also gain a host of practical skills to<br />

take back to the workplace, too. “Whether<br />

it is driving qualifications or the logistical<br />

skills needed to keep an army supplied,<br />

Reservists come back to the office<br />

brimming with confidence and the ability<br />

to improve your business. That’s why so<br />

many companies value their links with<br />

Reserve forces.”<br />

‘Reservists will find a way’<br />

Andrew Dickson, an HR Business Partner at Balfour Beatty in Derby in his day<br />

job, has served with the Army Reserve for 20 years and is now second in<br />

command at the East <strong>Midlands</strong> University Officer Training Corps. He shares<br />

Bruce’s enthusiasm for what Reservists bring to the table. “Military life brings<br />

with it an unparalleled set of transferrable skills,” Andrew said. “Any Reservist in<br />

your team will have received training that is a long way above that of other<br />

members of the workforce – particularly in leadership.”<br />

He added: “The values Reservists gain from their military training drive a<br />

‘can-do’ attitude. Reservists won’t be put off by a challenge; they will find a<br />

solution. I always think it comes from seeing a problem in a different way. They<br />

live military values; they are part of their culture, their DNA, and it manifests<br />

itself as always trying your hardest, always maintaining standards, and always<br />

trying to find a solution to what’s been put in front of you.”<br />

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

<strong>Autumn</strong> 2021


There is even a cash equivalent to the<br />

training received. “The Chartered<br />

Management Institute looked at military<br />

training and calculated that at the level<br />

of Sergeant, it is worth £14,000 a year.<br />

For officers, the training is worth up to<br />

£18,000. That’s how much you would<br />

expect to pay for one of your team to<br />

receive training at the same level as a<br />

Reservist – but with the Reservist, you’ll<br />

get it for free.”<br />

This presents itself particularly in people<br />

management. “The armed forces depend<br />

on superb people management skills<br />

from top to bottom. It’s about getting<br />

people to do what is needed and stop<br />

them from doing the things they shouldn’t.”<br />

So what does being a Reservist<br />

entail? “28 days training a year, but most<br />

of it takes place in the evenings or at<br />

weekends. That means that as far as<br />

your business is concerned, it won’t<br />

impact on day-to-day activities.<br />

Sometimes Reservists may need a little<br />

bit of flexibility – perhaps the chance to<br />

leave early on a Friday before a training<br />

camp, for instance, but apart from that,<br />

your business won’t be affected.”<br />

A 16-day training camp makes up the<br />

lion’s share of the total, which is taken by<br />

your employee as annual leave. Depending<br />

on what branch of the military they are<br />

in this could be anything from an infantry<br />

exercise to joining a military logistics<br />

team on a working base.<br />

This is one area where employers can<br />

step in and really make a difference to<br />

the country’s Reserve Forces, as Bruce<br />

explains. “The RFCA’s Employer<br />

Recognition Scheme highlights those<br />

employers who go the extra mile to help<br />

Reservists. To be part of the scheme,<br />

employers will grant additional leave for<br />

employees to attend training camps. To<br />

gain a Silver Award, the employer would<br />

give the Reservist an extra five days paid<br />

leave a year; for the Gold Award, an<br />

extra 10 days leave.”<br />

Businesses involved in the Employer<br />

Recognition Scheme can highlight it as<br />

part of their CSR policy and in marketing<br />

and publicity material.<br />

While there is clearly little in all this to<br />

A Reservist from 4 Company 3rd<br />

Battalion The Royal Anglian Regiment<br />

assisting with Operation RESCRIPT,<br />

supporting the NHS with Covid<br />

trouble most business owners, one big<br />

question remains: what happens if one of<br />

my team is called up for active duty?<br />

Bruce doesn’t shy away from this. “It<br />

happens,” he acknowledges. “We’ve just<br />

been through a period of extraordinary<br />

military involvement in overseas ops, in<br />

Afghanistan and Iraq, and both theatres<br />

saw Reservists in action. But mobilising<br />

Reservists is a very manageable process<br />

in which businesses are involved right<br />

from the start.<br />

“If a Reservist is called up, they usually<br />

receive a year’s notice so all parties can<br />

plan the mobilisation. You’ll know well in<br />

advance if we’re taking one of your team.”<br />

Businesses aren’t left unsupported<br />

either. “The Ministry of Defence will fund<br />

any costs linked to recruiting a stand-in<br />

employee to cover for the Reservist, and<br />

any training costs you incur. The<br />

Reservist receives the appropriate<br />

military wage for their rank while on<br />

active service, which means you don’t<br />

have to pay their salary, and there’s help<br />

if there are any extra costs incurred<br />

when employees overlap. You shouldn’t<br />

lose out financially.”<br />

The only exception to this lengthy<br />

notice is when natural disasters dictate<br />

emergency mobilisations. “When we’ve<br />

had severe flooding in recent years,<br />

Reservists have been called up at short<br />

notice to assist regular troops,” he says,<br />

citing the flooding in the South-West in<br />

2014 which washed away the main<br />

railway line as an example: Royal<br />

Engineer Reservists assisted in the repair<br />

of what was a vital communications link.<br />

The same was true in 2019 when the dam<br />

in Whaley Bridge, Derbyshire, threatened<br />

to collapse, and Reservists supported<br />

the emergency repair work.<br />

It may be a bit inconvenient but as<br />

Bruce points out, “I like to think employers<br />

will see it as their duty to respond<br />

positively if a staff member is asked to<br />

help out in a crisis for a limited time.”<br />

Overall, Bruce meets a lot of business<br />

owners who are proud to have a veteran<br />

or Reservist in their ranks. “There is a lot<br />

of respect for the military in this country.”<br />

Sometimes, directors are surprised just<br />

how many veterans they have on their<br />

payroll. “I was chatting to a representative<br />

of a pharmaceutical company recently<br />

who told me that when Armed Forces<br />

Day was held this year, they organised a<br />

meeting for former service personnel via<br />

Zoom. They expected 20-30 to take<br />

part, but were surprised when over 200<br />

attended. It shows people’s loyalty to<br />

their old unit and military life.”<br />

The overall message is that business<br />

leaders should not be wary about having<br />

a Reservist in their ranks – indeed,<br />

should welcome the idea. “You’ll see the<br />

difference if one of your team joins the<br />

Reserve Forces, or you recruit someone<br />

who is in the Reserve Forces,” Bruce<br />

said.<br />

“Whether it is their bearing, their<br />

attitude, their contribution or their ability<br />

to go the extra mile, the qualities that<br />

have made Britain’s armed forces the<br />

respected organisation they are today will<br />

shine through, and you’ll reap the benefits.”<br />

• To find out more about how Reservists<br />

operate and how they can help your<br />

business, contact Bruce Spencer at<br />

em-empsp@rfca.mod.uk or see<br />

www.eastmidlandsrfca.co.uk<br />

About the Employer Recognition Scheme<br />

Organisations can sign up to the Armed Forces Covenant to showcase<br />

their desire to support the military. The Covenant states that no-one<br />

should ever be disadvantaged by being a former member of the<br />

armed forces, and that from time to time they can be advantaged<br />

because of their service record. An example could be offering a<br />

guaranteed interview to a veteran applying for a vacancy.<br />

Signing up to the Armed Forces Covenant makes you eligible for a<br />

Bronze Award.<br />

To gain a Silver Award, organisations agree to offer Reservists five<br />

days extra paid leave per year, so they can undertake military training.<br />

To receive a Gold Award, you agree to give Reservists 10 extra days<br />

paid leave a year. In the past 10 years 1,100 companies have received<br />

the Silver Award, and 480 the Gold Award.<br />

Find out more at https://www.armedforcescovenant.gov.uk<br />

The benefits of Cadets<br />

The RFCA covers the activities of the various<br />

cadets organisations and are “another example<br />

of the benefits of military training and discipline,”<br />

says Bruce. A survey by the University of<br />

Northampton revealed that, for those who had<br />

spent a year in the Cadets:<br />

• On average, Cadets do better academically than<br />

non-Cadets<br />

• Cadets collectively added value of £95m to the<br />

nation, through taxes paid, fewer benefits drawn<br />

down, less sickness, etc<br />

• Cadets earn over £100,000 more throughout<br />

their career, compared to non-cadets.<br />

<strong>Autumn</strong> 2021<br />

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

25


Company Profile: Elite PA Solutions<br />

The Elite approach to getting rid of<br />

those back-office admin hassles<br />

For many SME business owners,<br />

independent consultants and sole<br />

traders, the lament of “I’m working in<br />

the business, not on the business” is a<br />

daily one – and when true, it cripples<br />

strategy, planning and growth.<br />

There are just too many operational<br />

duties to complete during the working<br />

day to keep the wheels turning, and they<br />

stop you making your business the best<br />

possible.<br />

So how can you change that dynamic?<br />

The simplest way is to leave the backoffice<br />

tasks that underpin a successful<br />

business to experts in that field, leaving<br />

you to focus on the things that are<br />

important to your overall goals.<br />

But that’s easier said than done:<br />

finding the perfect fit to the duties you<br />

need attending to can be hard, and<br />

finances may not stretch to a permanent<br />

extra member of your team just to get<br />

administrative hassles off your back.<br />

And that’s exactly where Elite PA<br />

Solutions comes in: their team allow<br />

clients to off-load those day-to-day<br />

administrative duties, leaving you free to<br />

focus on the tasks that really matter.<br />

As Sandy Hearn, the company’s<br />

founder, explained to <strong>IoD</strong> <strong>Midlands</strong>, “my<br />

goal is to ensure your life runs more<br />

smoothly. Our work lets you prioritise<br />

what’s important to you. By delegating<br />

tasks to us, you will have the time you<br />

need to grow your business, focus on<br />

new products or nurture existing clients.”<br />

“We look at what you do and<br />

how you are doing it and<br />

suggest ways to improve your<br />

operations. We streamline your<br />

work, make you more efficient,<br />

offer solutions and add value<br />

across the board. Ultimately,<br />

we’re there to change how you<br />

work for the better.”<br />

Sandy Hearn (right)<br />

Elite PA Solutions was established<br />

by Sandy in 2014 but its genesis came<br />

considerably earlier. In 2004, while<br />

working for an executive search firm<br />

in London, Sandy found her life turned<br />

upside down by a firm that couldn’t<br />

accommodate the full scope of the role<br />

on a flexible basis or play by today’s<br />

rules as far as working mums are<br />

concerned.<br />

“I had my first child that year and<br />

always knew that a return to the role I<br />

had left behind would not be an option. I<br />

did return part-time, working from home<br />

to make ends meet in a different role,<br />

which absolutely served its purpose. But<br />

ultimately it led me to look for a way<br />

to claim back the core areas of a role<br />

I loved, all while juggling a successful<br />

career and my family commitments.”<br />

From that came Elite PA Solutions –<br />

though it was a long journey. “I started<br />

the company in 2012 while I was still<br />

working for the executive search firm<br />

part-time, but it wasn’t until 2014 that I<br />

had the financial confidence to give that<br />

job up and focus solely on Elite.”<br />

Her goal is to offer a complete suite<br />

of services for busy professional people<br />

“who know how to delegate and are<br />

looking for a premium level of business<br />

support, happy to pay to see day-to-day<br />

business tasks out-sourced.”<br />

“We cover every task you can think<br />

of – too many to list here, really. But<br />

principally, all tasks completed within<br />

an office environment in the traditional<br />

sense can be delivered virtually. We<br />

will run your diary, manage your<br />

emails, schedule and co-ordinate<br />

meetings, teleconferences and subcommittees,<br />

provide minute-taking,<br />

prepare presentations for pitches and<br />

proposals and handle business travel<br />

arrangements, including booking<br />

flights, airport transfers, car hire, hotel<br />

accommodation.<br />

“We’ll also take care of and manage<br />

your social and lifestyle engagement and<br />

tackle ad hoc projects such as research,<br />

as well as run your social media.”<br />

It’s a comprehensive list that’s<br />

delivered by Sandy’s associates –<br />

currently standing at 10, with more to<br />

add as the company continues to grow.<br />

All are career executive assistants who<br />

have worked at board level and c-suite<br />

within a variety of industry sectors for<br />

many years, and they offer a myriad<br />

of skills to make clients’ business and<br />

personal lives run smoother.<br />

“From the outset my goal is to match<br />

our associates with the client’s brief,”<br />

Sandy explains. “Each associate has a<br />

different skill set. My task is to work with<br />

the client to ensure a perfect alignment<br />

of needs, skills and values.”<br />

While one-off projects are undertaken,<br />

“we aspire to build long-term<br />

relationships between the PA and our<br />

client. Some of my clients have been<br />

with me for over five years, and that’s a<br />

longevity I aim for with all our clients.”<br />

When a client request doesn’t look<br />

like it can be handled by an existing<br />

associate, Sandy will work through<br />

her extensive network of contacts to<br />

find someone who is an ideal fit and<br />

can satisfy the brief – though it’s not a<br />

recruitment process that sees Sandy<br />

sacrifice her standards simply to bring<br />

another associate on board. From the<br />

outset, she has recruited only applicants<br />

who align strictly to her values. “We<br />

pride ourselves on our values at Elite PA:<br />

transparent, open, honest and very much<br />

results-driven and proactive.”<br />

It is the latter that is perhaps the USP<br />

separating Elite PA Solutions from the<br />

many other PA agencies on the market.<br />

“There are plenty of PAs you can bring<br />

in to help with your administration. The<br />

You can find out more at www.elitepasolutions.com<br />

or via office@elitepasolutions.com<br />

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

<strong>Autumn</strong> 2021


“We cover every task<br />

you can think of ... we<br />

will run your diary,<br />

manage your emails,<br />

schedule and coordinate<br />

meetings ...<br />

all tasks completed<br />

within an office<br />

environment in the<br />

traditional sense can<br />

be delivered virtually”<br />

difference with us is that we’re not there<br />

just to tick off a list of ‘to-do’ tasks;<br />

we’re there to proactively improve the<br />

way your business works. We look at<br />

what you do and how you are doing<br />

it and suggest ways to improve your<br />

operations. We streamline your work,<br />

make you more efficient, offer solutions<br />

and add value across the board.<br />

“Ultimately, we’re there to change how<br />

you work for the better.”<br />

So what type of people turn to Elite<br />

PA Solutions for assistance? “The<br />

majority of our clients are business<br />

owners in their own right. Many are now<br />

consultants who have come from large<br />

corporates where they might have had<br />

a PA and now they’ve set out on their<br />

own, they miss that same right-hand<br />

back-up and support. Others have built<br />

a business from scratch; typically, oneperson<br />

start-ups that have grown. The<br />

problem is, all those admin tasks they<br />

used to do when it was just them on<br />

their own, are still with them. It’s time to<br />

get them off your back!”<br />

Flexibility is an important part of the<br />

Elite PA Solutions’ offer. “We have some<br />

clients who need an executive assistant<br />

across the full working week for a few<br />

hours a day, every week, while others<br />

just need a handful of hours across any<br />

given month. What’s important is that<br />

you have the same PA no matter what<br />

your demands are; you won’t find your<br />

work handed around from associate<br />

to associate. You’ll be matched with a<br />

dedicated PA who will be in your corner<br />

throughout, who will get to know you<br />

and your business.”<br />

To Sandy, the reason to engage a PA is<br />

obvious. “You need to be focused on the<br />

<strong>Autumn</strong> 2021<br />

core skills that generate your income.<br />

We allow you to focus on your primary<br />

skill, to give you back your valuable time.<br />

“Your time has immense value. Think<br />

of your hourly rate… would you not be<br />

better off working at that rate for a client<br />

rather than spending your valuable time<br />

managing your emails for free?”<br />

There is no minimum time you can<br />

engage an associate for, and there is<br />

total flexibility built into the contract. For<br />

instance, “over the summer, we expect<br />

some of our clients to step back a little,<br />

perhaps take a breather before the<br />

workload ramps up again in autumn. It’s<br />

the same over Christmas. That’s fine; we<br />

work round your commitments.”<br />

While long-term relationships are the<br />

goal, ad hoc requests can be catered for.<br />

For example, “we’ve just had a client ask<br />

us to handle a telemarketing campaign,”<br />

Sandy said. “One of our associates has<br />

made incredible progress and we were<br />

pleased to be in a position to take it on.”<br />

Invoicing is done monthly in arrears,<br />

but clients receive weekly itemised<br />

accounts showing what they will be<br />

billed for and time spent on their duties<br />

“so there are no unpleasant surprises.”<br />

One exciting recent development has<br />

been the addition of the ‘Clarity Hour’<br />

– a one-to-one mentoring session for<br />

a fixed £99 fee that is proving popular<br />

with over-burdened executives. “It<br />

gives directors a chance to discuss<br />

the organisational difficulties they are<br />

facing.”<br />

In the Clarity Hour, Sandy draws on<br />

her many years of experience to see<br />

if she can offer a clearer path through<br />

the maze. “Too many people today<br />

are becoming overwhelmed by the<br />

complexity of business; we offer simple,<br />

practical steps to bring clarity to your<br />

work and put in place a simplified backoffice<br />

operational structure.<br />

“Sometimes all we need is the space to<br />

focus our minds, receive a little direction<br />

and hear new ideas to overcome the<br />

hurdles that are holding us back from<br />

achieving our goals.”<br />

Sandy is keen to meet <strong>IoD</strong> members<br />

over the next few months as she looks to<br />

grow the business further. “Our clients<br />

and associates come from throughout<br />

the UK including the <strong>Midlands</strong>,<br />

Northamptonshire, Oxfordshire and<br />

London. Working from our home offices,<br />

we are delighted to provide our clients<br />

with flexible access to the skills we have<br />

all honed throughout our professional<br />

careers.”<br />

Most importantly, Sandy is keen to<br />

stress how her business is focused<br />

on “allowing you to prioritise what’s<br />

important to you.<br />

“By delegating tasks to us, you will<br />

have the time you need to grow your<br />

business. We’ll ensure you are left<br />

to focus on what’s really important:<br />

developing new products, generating<br />

additional revenue streams and<br />

nurturing new client relationships.”<br />

Want to know more?<br />

For more information on Elite<br />

PA Solutions, contact Sandy via<br />

office@elitepasolutions.com<br />

01788 521 970 07961 792 705<br />

Or www.elitepasolutions.com<br />

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

27


Business profile<br />

Libraries aren’t just full of books!<br />

Free advice available for<br />

start-ups from the team at<br />

the Library of Birmingham’s<br />

Business & IP Centre<br />

Yvonne Barker<br />

The Business, Employment & Learning<br />

team, in partnership with the British<br />

Library and libraries across the UK,<br />

are inspiring a thriving community of<br />

new and existing business owners and<br />

entrepreneurs.<br />

Located on Level 3 of the Library of<br />

Birmingham, the Business & IP Centre<br />

team support entrepreneurs from the<br />

first idea, to setting up a business and<br />

protecting intellectual property, to<br />

successfully launching and growing a<br />

business.<br />

Delivering free 1:1 business advice,<br />

workshops, webinars and local events,<br />

the Birmingham BIPC team advise<br />

and guide throughout a potentially<br />

overwhelming and challenging time.<br />

BIPC Birmingham has one of the<br />

most comprehensive range of free<br />

business databases, with qualified<br />

and experienced staff on hand to<br />

guide customers through the range of<br />

resources needed to start a business.<br />

Market research databases, company<br />

information, patent searches plus books<br />

available for loan enable our customers<br />

to successfully pinpoint their customers,<br />

competitors and find an opportunity in<br />

the market.<br />

Working alongside the GBSLEP<br />

Growth Hub and Government Intellectual<br />

Property Office ensures that customers<br />

are made aware of our services<br />

plus effective signposting to other<br />

organisations.<br />

Peter Hill, Entrepreneur in Residence,<br />

along with our other business partners,<br />

deliver 1:1 business advice, workshops<br />

and webinars to complement the range<br />

of resources offered by the team.<br />

Enterprise for Success: ERDF/<br />

EU Funded Business Support:<br />

The Enterprise for Success project<br />

complements the work undertaken by<br />

the BIPC service, but directly supports<br />

those living in Birmingham. The project<br />

provides access to a minimum of 12<br />

hours free business support for pre- and<br />

new start-ups.<br />

The Library Shop<br />

Run and managed by the Business<br />

& Reception team, the Library Shop<br />

concentrates on selling all Birmingham<br />

related souvenirs, with over 70 per cent<br />

of merchandise having a Birmingham<br />

connection through design, production<br />

and/or development.<br />

One key aspect of the Library Shop is<br />

to offer a platform for any new business<br />

established through the BIPC Centre or<br />

Enterprise for Success project.<br />

With over 4,000 – 6,000 visitors per<br />

week, the Library Shop provides an ideal<br />

opportunity for new businesses to enter<br />

the market place, with the full support<br />

of a business team to advise on how to<br />

develop their business further.<br />

Employment & Learning:<br />

Whether applying for a job,<br />

researching career options, writing a CV<br />

or completing a job application, Level 3<br />

has 24 dedicated PCs for employment<br />

and online learning and applying for<br />

college or university.<br />

With a comprehensive Job Library<br />

focusing on all job-related matters,<br />

plus being the only organisation in<br />

Birmingham providing free access<br />

to GRANTFINDER, the Library of<br />

Birmingham supports any person<br />

The stunning Library<br />

of Birmingham, home to<br />

the Business & IP Centre<br />

“Delivering free 1:1 business<br />

advice, workshops, webinars<br />

and local events, the<br />

Birmingham BIPC team<br />

advise and guide start-ups<br />

throughout a potentially<br />

overwhelming and<br />

challenging time...”<br />

looking to find a job or upskill through<br />

learning.<br />

Extensive English for Speakers of other<br />

Languages (ESOL) resources along with<br />

IELTS and Citizenship Test books/CDs<br />

plus Functional Skills ensures that free<br />

access to resources is available enabling<br />

people to develop, learn and enhance<br />

their skills.<br />

To find out more, contact Yvonne<br />

Barker, Library Services Manager,<br />

Business, Reception, Retail & Tourist<br />

Information Services / Centre Manager:<br />

BIPC Birmingham, via<br />

businessandlearning@<br />

birmingham.gov.uk<br />

Find out more at<br />

www.birmingham.gov.uk/info/50162/<br />

business_advice<br />

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

<strong>Autumn</strong> 2021


Technical briefing: Workplace anxiety<br />

Increase in workplace anxiety makes<br />

it imperative leaders know the signs<br />

Peter Wingrove<br />

Most of us are likely to feel anxious or<br />

stressed at work occasionally. However,<br />

if your anxiety is constant or increasingly<br />

frequent you’re likely dealing with some<br />

degree of workplace anxiety.<br />

It’s not altogether unexpected, given<br />

what we’ve all just been through with<br />

Covid. If you’re a small business owner<br />

or work for a small organisation at the<br />

moment, probably even more so.<br />

What is workplace anxiety?<br />

Workplace anxiety is specifically<br />

related to the work environment. While<br />

the anxiety doesn’t have to occur in the<br />

workplace, workplace anxiety is caused<br />

by workplace triggers.<br />

The causes and level of severity are<br />

different for each individual but in<br />

the most severe instances, workplace<br />

anxiety can be debilitating and stop<br />

employees from carrying out their<br />

duties.<br />

What causes workplace anxiety?<br />

There are many causes of workplace<br />

anxiety and the specifics will always vary<br />

by each person, however some common<br />

causes of workplace anxiety include:<br />

• Workplace bullying or discrimination<br />

• Minimal or no support from<br />

managers<br />

• Tough working conditions, eg, unsafe<br />

environment or long hours<br />

• Lack of relationships with colleagues<br />

• Fear of inadequacy or judgement<br />

• Tight deadlines / overwhelming<br />

workload<br />

• Lack of control over your work<br />

Many people don’t seek help for<br />

anxiety soon enough for fear of<br />

judgement or because they feel their<br />

problem is not severe enough – this is<br />

unfortunate because early intervention<br />

can in most cases prevent more<br />

serious mental health conditions from<br />

developing.<br />

What effect does workplace anxiety<br />

have?<br />

Anxiety can be debilitating. When<br />

someone is struggling with anxiety they<br />

may be less productive, miss deadlines,<br />

produce lower quality work, or make<br />

mistakes that can be costly to the<br />

business. This can lead to stress, and<br />

ultimately to depression.<br />

Anxiety can also lead the employee to<br />

take sick leave. Aside from the impact<br />

on the individual, this has financial<br />

and productivity implications for the<br />

businesses – a November 2020 report<br />

published by the HSE found that 55% of<br />

work days lost over a one-year period<br />

were directly linked to workplace-related<br />

anxiety, stress or depression.<br />

How to manage workplace anxiety?<br />

• Look out for signs of anxiety<br />

Knowing the signs of workplace<br />

anxiety can help you spot them in<br />

yourself and others so that you can make<br />

adjustments to your working life before<br />

the anxiety becomes more severe.<br />

• Learn about anxiety<br />

Completing some basic training can<br />

help you learn why anxiety occurs, how<br />

to handle it and how to prevent it. Make<br />

sure your line managers are trained, too.<br />

For example, have a look at Shawmind’s<br />

self-paced online Understanding Anxiety<br />

course.<br />

• Implement mental health first aiders<br />

Mental health first aiders (MHFA) are<br />

one of the tools an organisation can<br />

use to spot and support those with<br />

workplace anxiety. A MHFA acts as the<br />

first point of contact for any employees<br />

who want to discuss their mental<br />

health. These conversations are always<br />

confidential.<br />

• Learn how to manage workplace<br />

anxiety<br />

While dedicated individuals such as<br />

mental health first aiders can suggest<br />

support options, the decision to take<br />

action always lies with the person<br />

suffering from anxiety. This can be a<br />

difficult first step.<br />

Some ways to self-manage anxiety are:<br />

• Talk to colleagues<br />

• Build relationships at work<br />

• Treat mental and physical health<br />

the same<br />

• Keep notes<br />

• Make changes to accommodate<br />

your anxiety<br />

• Set realistic deadlines<br />

• Practice mindfulness<br />

• Practice healthy habits<br />

• Focus on facts<br />

• Create a mentally healthy work culture<br />

Creating an environment where<br />

employees feel safe to speak up<br />

about their mental health starts with a<br />

commitment from senior management<br />

and meaningful actions demonstrating<br />

that this commitment is more than just<br />

words...<br />

Peter Wingrove is the <strong>IoD</strong> Derbyshire<br />

& Nottinghamshire Ambassador for<br />

Mental Wellbeing<br />

Peter Wingrove is CEO of SureMind - https://www.suremind.co.uk<br />

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

<strong>Autumn</strong> 2021


How laser<br />

focusing on<br />

hierarchal<br />

barriers<br />

improved my<br />

business<br />

Will Jackson<br />

Hierarchy has been in<br />

rigid existence<br />

throughout my career. I<br />

have always had a love/<br />

hate relationship with it,<br />

balanced between the<br />

belief that structure is<br />

vital, yet hierarchical rigidity invites<br />

weaknesses.<br />

I fully appreciate that a business needs<br />

a clear chain of command, defined<br />

escalation points, roles, controls,<br />

governance, responsibility,<br />

accountability, etc, but on a general<br />

day-to-day or task-to-task basis it really<br />

doesn’t. I believe that it creates barriers,<br />

discourages collaboration and<br />

information sharing, flexibility,<br />

communication and ultimately a fear to<br />

challenge. I also think it breeds power<br />

struggles, cliques, point scoring and<br />

increases segregation and operational<br />

silo’s.<br />

So I decided to focus on flattening the<br />

hierarchy within the business and see<br />

how I could introduce a more horizontal<br />

structure – achieve an environment with<br />

zero hierarchical barriers.<br />

My aim was to introduce a working<br />

environment where everyone in the<br />

business stands together, with the same<br />

set of values and targets. Everyone<br />

would be empowered, fully trusted<br />

within their area of expertise, given total<br />

ownership and responsibly for whatever<br />

area of the business they were<br />

supporting. Everyone would be provided<br />

with the transparency they needed to<br />

make their uniformed decisions, without<br />

any vertical steps of approval. Most<br />

importantly, everyone would have access<br />

to anyone within the business who would<br />

add the most value to the task in hand.<br />

I discussed this within my peer group<br />

and network, and although many liked<br />

the idea of nice floaty organisational<br />

bubbles versus pyramids, many thought I<br />

would be introducing an environment<br />

where employees would feel<br />

unsupported or would cause confusion.<br />

Some suggested it would reduce the<br />

respect that was much associated with<br />

vertical hierarchy structures. Others<br />

showed concern about key decisions<br />

being made by the wrong people.<br />

Although these were all valid, it didn’t<br />

discourage me and it made me realise<br />

that there was another major factor that<br />

needed to supplement what I was trying<br />

to achieve – and that was culture.<br />

Having the correct culture was the<br />

vital ingredient and introducing an<br />

“employee centric” culture was the key. I<br />

realised that increasing empowerment,<br />

trust, transparency, responsibility,<br />

ownership is only ever going to be<br />

successful if done within the right<br />

cultural environment. And the only way<br />

introducing a flat hierarchy would work<br />

would be to focus on an employeecentric<br />

culture where all employees are<br />

recognised and celebrated as the most<br />

important members of the business.<br />

What I found was that respect became<br />

a horizontal existence, and no longer just<br />

a vertical one. Empowering employees<br />

to do the right thing became the right<br />

thing for the business.<br />

Ultimately, what I realised is that<br />

whatever role you have in a business and<br />

whatever you are responsible for within<br />

it, you never have all the answers. And<br />

when you look up the chain of command<br />

in a vertical hierarchy, the misconception<br />

is that those senior to you know all the<br />

answers. The reality is that they don’t.<br />

They actually need everyone in the<br />

business, at any one time, to help them<br />

run the business, so by empowering<br />

everyone around you to support you,<br />

challenge you and be creative around<br />

you, is only ever going to enable your<br />

business to be successful, healthy and<br />

grow.<br />

If you would like to hear more about<br />

how I implemented employee centric<br />

culture and flattened the hierarchical<br />

barriers, I would be happy to share the<br />

journey.<br />

Thanks for reading.<br />

Will Jackson is an <strong>IoD</strong> Ambassador for<br />

Derbyshire and Nottnghamshire<br />

“Ultimately, what I realised is that when you look up<br />

the chain of command in a vertical hierarchy, the<br />

misconception is that those senior to you know all<br />

the answers. The reality is that they don’t.<br />

<strong>Autumn</strong> 2021<br />

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

31


Technical briefing<br />

From home to hybrid: How to<br />

navigate a change to ways of working<br />

As the country moves forward from the<br />

Covid-19 pandemic, many employers<br />

have been gradually welcoming teams<br />

back into the workplace after operating<br />

remotely for more than a year.<br />

According to The Office for National<br />

Statistics (ONS), 85 per cent of adults<br />

currently homeworking said they<br />

wanted to use a ‘hybrid’ model of both<br />

home and office working in the future.<br />

This is reflected in the job market, with<br />

three times as many online job adverts<br />

referencing to home or hybrid working<br />

in May 2021 compared to the February<br />

2020 average.<br />

With employee priorities changing, this<br />

transition is something not to be taken<br />

lightly by bosses.<br />

LAURA KEARSLEY, partner and<br />

solicitor specialising in employment<br />

law at Nelsons, shares four areas for<br />

employers to consider when making the<br />

switch from home to hybrid working.<br />

Implement policies<br />

When we look at the hybrid form<br />

of working, it is, in essence, a flexible<br />

approach. Therefore, employers may<br />

need to consider updating any existing<br />

policies to include or introduce a specific<br />

hybrid working policy.<br />

This will vary slightly for every<br />

business, as it depends on the specific<br />

context, and, as with all new policies,<br />

should be accompanied by supporting<br />

guidance and information for effective<br />

implementation.<br />

When developing policies and<br />

procedures organisations should<br />

consider:<br />

n Setting out who is eligible for hybrid<br />

working, or what role types;<br />

n Explaining how to request hybrid<br />

working;<br />

n Clarifying roles and responsibilities<br />

for hybrid workers and people managers;<br />

n How hybrid working intersects with<br />

other forms of flexible working; and,<br />

n Reviewing other related<br />

policies, such as expenses, IT usage,<br />

homeworking and data protection.<br />

Updating contracts<br />

Hybrid working may bring about<br />

contractual changes for employees<br />

if it is to be implemented on a formal<br />

basis. This is something that requires<br />

transparent communication between<br />

the organisation and employee to<br />

consider how hybrid working may alter<br />

the terms and conditions of someone’s<br />

employment.<br />

If it is a more informal arrangement,<br />

changes to contracts may not be<br />

needed, but it’s important for workers<br />

and management to understand the<br />

differences between both and ensure<br />

they’re in agreement from the offset.<br />

However, if the employer or employee<br />

is unsure, it is advisable to seek legal<br />

advice on the specific implications of<br />

hybrid working as this will guarantee<br />

peace of mind for both parties.<br />

Open lines of communication<br />

As we have learned from working<br />

through the pandemic, homeworking<br />

can only be successful through effective<br />

communication. For hybrid working,<br />

this is just as crucial when it comes to<br />

staying on track as a business. Failure<br />

to manage the flow of communication<br />

and exchanging of information can<br />

result in gaps or mistakes, which can be<br />

detrimental to team working and even<br />

exclude members of the team who are<br />

not in the office at certain times.<br />

Each member of an organisation<br />

needs to take responsibility for, and<br />

make time for, communication, as well<br />

as casual conversation to maintain<br />

“<br />

working relationships. There is no ‘one<br />

size fits all approach’ when it comes<br />

to communication, as this will depend<br />

on various factors such as your team<br />

size, the different roles, and the type of<br />

hybrid work, and is something that will<br />

likely evolve as companies settle into a<br />

new rhythm.<br />

Employee participation – feeding back<br />

or into policies<br />

This has never been more important<br />

than after a year where so much has<br />

changed in the way we work and links<br />

in with keeping lines of communication<br />

open. Employee participation can help<br />

reintegrate workers who’ve either been<br />

on long-term furlough or who are going<br />

to be spending more time in the office.<br />

This could manifest in a number<br />

of ways, from simple, informal<br />

conversations through to conducting<br />

formal surveys or holding one-to-one<br />

meetings. All of these enable employers<br />

to answer questions, gather feedback<br />

on how people are feeling and identify<br />

areas that are working as opposed to<br />

those that maybe need to be improved<br />

or altered.<br />

After decades of office working being<br />

the norm, there’s no doubt that the<br />

Covid-19 pandemic has led to a shift in<br />

working attitudes that will see a change<br />

in the way we work for generations<br />

to come. Therefore, getting all of the<br />

policies and procedures in place straight<br />

away is vital, to ensure a smooth and<br />

successful transition into what will be a<br />

new era of working.<br />

Tailored hybrid policy<br />

n Nelsons is currently offering a<br />

tailored hybrid working policy that<br />

will deal with all of the issues outlined<br />

above for a fixed cost of £300 + VAT.<br />

For more information about this or for<br />

advice on any other employment law<br />

matter, please contact Laura Kearsley<br />

on 0116 214 6889 or by email:<br />

Laura.Kearsley@nelsonslaw.co.uk<br />

Find out more at www.nelsonslaw.co.uk<br />

Hybrid working may bring about contractual changes<br />

for employees if it is to be implemented on a formal<br />

basis. This is something that requires transparent<br />

communication between the organisation and employee<br />

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

<strong>Autumn</strong> 2021


NBS support for SMEs<br />

leading to success<br />

Nottingham Business School (NBS), at<br />

Nottingham Trent University, is always<br />

proud of the support we have delivered<br />

to small and medium sized businesses<br />

(SMEs), and never more so than during<br />

the Covid-19 pandemic.<br />

But one thing that business leaders<br />

may not realise is the range of support on<br />

offer, and how deep engagement can<br />

help to make a real difference to your<br />

SME.<br />

This has been emphasised by recent<br />

events. In 2019-2020, just before the<br />

pandemic really started to bite, NBS was<br />

one of a group of Business Schools taking<br />

part in a small UK Government funded<br />

initiative known as Leading to Grow.<br />

What distinguished Leading to Grow was<br />

the objective of engaging SMEs which<br />

had not previously participated in<br />

Business School programmes.<br />

Naturally, this was a challenge at the<br />

time because of the pandemic, but of the<br />

SMEs that participated in the project<br />

workshops and mentoring at NBS, more<br />

than half have gone on to join other<br />

programmes.<br />

So, from the humble beginnings of this<br />

pilot programme, participants have<br />

benefitted from other initiatives, such as<br />

our European Social Fund-supported<br />

courses to train Women in Leadership,<br />

or to promote Sustainable and Inclusive<br />

Leadership. Others have participated in<br />

our European Regional Development<br />

funded projects, UpScaler, to support<br />

their growth journey, or Productivity<br />

through Innovation, which provides<br />

bespoke expert support. Yet more have<br />

benefitted from grant funding to access<br />

subsidised graduate talent or business<br />

coaching. Some have benefitted from all<br />

of these things!<br />

The cumulative effect of this level of<br />

SME engagement has become<br />

increasingly apparent over recent<br />

months – not surprisingly since there<br />

have never been more challenging times<br />

for SMEs. During lockdown our most<br />

engaged SMEs have proven themselves<br />

to be more resilient, more innovative and<br />

able to pivot their offer to target new<br />

markets with relevant products and<br />

services. Some have also worked on<br />

developing their teams to integrate<br />

graduate talent into key roles as their<br />

SMEs grow.<br />

One SME that progressed from<br />

Leading to Grow at NBS on to the<br />

UpScaler programme, is FSG Tableware,<br />

a company that supplies sustainable,<br />

reusable alternatives to single-use food<br />

and drink containers. Lynn Johnson,<br />

Managing Director, said: “Joining the<br />

D2N2 UpScaler programme was a bit like<br />

opening a Pandora’s Box. The amount of<br />

support I’ve received has been<br />

overwhelming and has really helped me<br />

to focus my efforts on the future of the<br />

business and what I need to do to get<br />

there.<br />

“Thanks to the programme, I feel that<br />

we have grown as a business, but I have<br />

also grown as a person too.”<br />

FSG has since gone on to explore<br />

opportunities in their supply chain with<br />

the Productivity through Innovation<br />

Project – all as part of a drive to be more<br />

sustainable, while dealing with the<br />

challenges that still face many<br />

businesses.<br />

Another SME that has benefitted from<br />

a range of support at NBS is Wing<br />

Electrical Ltd. With the aid of workshops<br />

and a coaching grant from the UpScaler<br />

project, the team at Wing Electrical have<br />

progressed their ambition to introduce a<br />

new Powerwall fitting service, which<br />

enables domestic and commercial clients<br />

to ‘time-shift’ or store sustainable energy<br />

from periods of high generation or<br />

low-cost supply, to be used in periods<br />

where demand exceeds supply.<br />

Director, Shaun Taylor, said: “The<br />

support from NBS has helped the<br />

business to focus and implement its<br />

long-term strategy.”<br />

As a result, the Nottinghamshire SME<br />

has been awarded an IEEE Nikola Tesla<br />

Award for its Outstanding contributions<br />

to the generation and utilization of<br />

electric power.<br />

Lynn Oxborrow, Associate Professor in<br />

Management, who leads the SME<br />

engagement at NBS said: “Over the last<br />

year we have seen how valuable Business<br />

School support can be to SMEs.<br />

“Recently we have launched our first<br />

cohort on the UK Government ‘Help to<br />

Grow: Management’ programme. This<br />

combines a programme of SME<br />

workshops with mentoring, and further<br />

opportunities to take advantage of the<br />

additional support on offer through the<br />

wider university.”<br />

Email grow@ntu.ac.uk for the latest updates<br />

and offers, or to register your interest in Help<br />

to Grow: Management, at Nottingham Trent<br />

University, click the logo and follow the links<br />

“<br />

Joining the D2N2<br />

UpScaler programme<br />

was a bit like opening<br />

a Pandora’s Box. The<br />

amount of support<br />

I’ve received has been<br />

overwhelming and has<br />

really helped me to<br />

focus my efforts on the<br />

future of the business<br />

and what I need to do<br />

to get there.<br />

Lynn Johnson,<br />

Managing Director,<br />

FSG Tableware,<br />

<strong>Autumn</strong> 2021<br />

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

33


<strong>IoD</strong> Events<br />

Mastermind: the perfect environment<br />

for director development<br />

What are <strong>IoD</strong> Mastermind Groups?<br />

The <strong>IoD</strong>’s Mastermind groups are<br />

unique sessions that give directors and<br />

senior business leaders the chance to<br />

discuss the key issues and challenges<br />

they face in an open, constructive and<br />

confidential environment.<br />

Mastermind groups originated in the<br />

West <strong>Midlands</strong> and are a combination of<br />

brain-storming, education, peer<br />

accountability and support, a unique<br />

advisory panel of trusted, experienced<br />

businesspeople you can bounce ideas<br />

off.<br />

For many members, these meetings<br />

can act as a surrogate board meeting,<br />

particularly for those who run their own<br />

business or who are part of an SME<br />

without non-executives sitting with them<br />

on their boards.<br />

Each group is made up of directors<br />

from non-competing industries,<br />

combining SMEs and larger businesses.<br />

Topics have varied from employee<br />

relations, directors’ duties, hot topics in<br />

business, whether to expand the<br />

company, and work-life balance. Topics<br />

for meetings are often tied to <strong>IoD</strong> CPD<br />

topics that are being run at the time.<br />

How can you join?<br />

You have to be a member of the <strong>IoD</strong>!<br />

To ensure that members can have candid<br />

conversations, these groups are made up<br />

of non-competing industries and every<br />

meeting is under Chatham House rules.<br />

If you are interested in joining a local<br />

group, please contact<br />

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

In the East <strong>Midlands</strong> region, we<br />

currently have three Mastermind<br />

groups – Leicester, Nottingham and<br />

Lincoln. At present all are run via<br />

Zoom but we hope to return to<br />

face-to-face sessions by the beginning<br />

of 2022.<br />

The Leicester Mastermind group is<br />

facilitated by John Tucker. It is held on<br />

the third Tuesday of every month.<br />

The Nottingham group is facilitated<br />

by Carole Harvey.<br />

joshua.whitehead@iod.com. Potential<br />

members are sent to the group<br />

facilitator, who makes sure we build<br />

groups that don’t have members from<br />

the same disciplines/sectors.<br />

How do they work?<br />

Masterminds are currently held via<br />

Zoom but this will change to in-person<br />

events in the future. The dates/times<br />

are set by the facilitator and group and<br />

can be held as frequently as you wish,<br />

but is usually once a month.<br />

When life is back to normal,<br />

Masterminds will revert to taking place<br />

in hubs situated where each branch is.<br />

Discussions are held over a two-course<br />

The Lincoln Mastermind group is<br />

facilitated by John Hebblethwaite. It is<br />

hoped that venues will be confirmed<br />

as soon as possible.<br />

If you wish to be a part of an East<br />

<strong>Midlands</strong> Mastermind group, please<br />

send a short biography to<br />

Joshua.whitehead@iod.com.<br />

meal, and usually a glass of wine, but<br />

this can be dependent on the group’s<br />

requirements.<br />

The cost of this is £30 + VAT per<br />

person.<br />

Are there any rules?<br />

We ask that when attending<br />

Masterminds, you don’t use it as a sales<br />

pitch. We want members attending each<br />

group to be genuine and want to help<br />

with/discuss business queries that they<br />

or members of the group might have.<br />

We also ask that members, where<br />

possible, are consistent with attending<br />

these meetings, as it helps the group<br />

build a solid foundation with each other.<br />

FORTHCOMING EVENTS<br />

Lincoln<br />

Date: October 19<br />

Time: 4pm-6pm<br />

Location: Online<br />

Cost: Free<br />

Nottingham<br />

Date: November 3<br />

Time: 6.30pm-8.30pm<br />

Location: Online<br />

Cost: Free<br />

For more details, contact Joshua Whitehead<br />

on 0115 848 6190<br />

or via joshua.whitehead@iod.com<br />

Mastermind rules:<br />

To join a Mastermind Group in the East <strong>Midlands</strong>, we request<br />

that you send us a short biography so we can ensure no<br />

competing organisations are represented on any group.<br />

All groups in East <strong>Midlands</strong> and West <strong>Midlands</strong> are strictly<br />

member only, and we always aim for as broad a cross-section<br />

of business sectors/disciplines as possible.<br />

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

<strong>Autumn</strong> 2021


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

The West <strong>Midlands</strong> is currently<br />

running three Mastermind Groups: in<br />

Birmingham, the Black Country and<br />

Worcester & the Marches. Each one is<br />

led by an experienced and respected <strong>IoD</strong><br />

member, who facilitates the session.<br />

Ian Priest, an experienced facilitator<br />

for <strong>IoD</strong> Masterminds, runs the Black<br />

Country Mastermind; Michael Donaldson<br />

is the facilitator of the Worcester & the<br />

Marches group; and Glenn Cameron is<br />

the facilitator of the Greater Birmingham<br />

Mastermind.<br />

Our Greater Birmingham group has<br />

returned to face-to-face meetings,<br />

with our venue the Hotel du Vin in<br />

Birmingham. Enjoy a two course meal,<br />

starter and main with a glass of wine,<br />

where you can discuss business issues<br />

or concerns and support each other. The<br />

cost is £30 + VAT.<br />

Michael Donaldson said the groups<br />

“have an ethos of sharing collective<br />

knowledge, experience and expertise<br />

to address the issues, challenges and<br />

opportunities members bring to the<br />

table... no rapid-fire questions and<br />

solutions from people I don’t know, who<br />

don’t know me.<br />

“It’s a relaxed, friendly atmosphere<br />

that helps build respect and trust.”<br />

In addition to these groups, a number<br />

of dormant groups plan to resume their<br />

activities.<br />

FORTHCOMING EVENTS<br />

Black Country<br />

Date: October 20<br />

Time: 9.30am-10.30am<br />

Cost: Free<br />

Birmingham<br />

Date: November 1<br />

Time: 6pm-8pm<br />

Cost: £30 + VAT<br />

Black Country<br />

Date: November 17<br />

Time: 9.30am-10.30am<br />

Cost: Free<br />

Birmingham<br />

Date: December 6<br />

Time: 6pm-8pm<br />

Cost: £30 + VAT<br />

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

Connecting on the Course<br />

Monsoon-like conditions at the start<br />

didn’t dampen enthusiasm for the<br />

<strong>IoD</strong> West <strong>Midlands</strong>’ fantastic second<br />

Regional Golf Day.<br />

The Belfry was the venue, and eight<br />

teams took to the world-famous Derby<br />

Course to play the annual golf day.<br />

“What an amazing group of people,<br />

fantastic buzz and stunning golfing<br />

performances….on the whole!”<br />

commented Andy Wilkinson, Chair, <strong>IoD</strong><br />

Greater Birmingham.<br />

“Not only were we oversubscribed for<br />

the event with each team quickly selling<br />

out, everyone wanted to get back to<br />

networking and coming together for a<br />

great corporate day.<br />

“The golf day certainly provided that<br />

this year.”<br />

We were very grateful to Rational<br />

FX for agreeing to be our sponsor<br />

and Jaspaul Bains, Senior Business<br />

Development Manager was on hand to<br />

offer his thoughts and congratulate the<br />

players during the evening dinner. He<br />

commented: “We love our association<br />

with <strong>IoD</strong> West <strong>Midlands</strong> and hope that<br />

our partnership as the leading provider<br />

of foreign exchange and international<br />

payment services and a member of<br />

the Institute of Directors will develop<br />

a long-term partnership, both around<br />

golf and through other events in 2022<br />

and beyond.”<br />

The event raised £710 for Ronald<br />

McDonald House and we were joined<br />

by Joanne Howe and Katie West from<br />

the charity who outlined the fantastic<br />

work that Ronald McDonald House<br />

does every day to ease the burden of<br />

families when their child is in hospital.<br />

<strong>IoD</strong> West <strong>Midlands</strong> was thrilled to<br />

have been able to support them.<br />

Dean Kavanagh, Chair Coventry &<br />

Warwickshire announced the winners:<br />

Individual winner: Ben Daniels<br />

Winning team: Jaz Khunkun’s team<br />

Nearest the pin: Shari Bryan,<br />

OWB Creative<br />

Longest drive: Ross Patten<br />

A great day for all involved and we<br />

will soon be announcing the dates for<br />

next year.<br />

Pictured left are<br />

Jaspaul Bains of event<br />

sponsors Rational FX and <strong>IoD</strong><br />

Greater Birmingham Chair<br />

Andy Wilkinson as the golfers<br />

prepare to tee off<br />

Below, the winning team, which<br />

was led by Jaz Khunkun, receive<br />

their trophy from Rational FX<br />

For more details, contact Anna Hicks<br />

on 0115 857 8168<br />

or via anna.hicks@iod.com<br />

<strong>Autumn</strong> 2021<br />

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

35


Events Diary<br />

Events Diary<br />

<strong>IoD</strong> East & West <strong>Midlands</strong> are running a number of events between now and the end<br />

of the year. The majority will be online but some are face-to-face as the business<br />

community edges closer to life as it was before the pandemic.<br />

For more details on all the events listed here, simply click where specified<br />

<strong>IoD</strong> Peterborough: October Mastermind<br />

Date: 25th October<br />

Time: 3pm<br />

Support, challenge, and grow. Mastermind groups are designed<br />

to provide a support system for Directors. Contact the event<br />

manager for more details, or see pages 34 in this issue of <strong>IoD</strong><br />

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

Event manager: Richard Holdaway<br />

t: 01223 739387 e: east@iod.com<br />

Click here for details<br />

An introduction to the Chartered<br />

Director Qualification<br />

Date: 28th October<br />

Time: 9am<br />

Bite-sized, informative session on how to achieve the final stage<br />

of your professional development journey with the <strong>IoD</strong>.<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

<strong>IoD</strong> East <strong>Midlands</strong>: Nottingham Mastermind<br />

Date: 3rd November<br />

Time: 6:30pm<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

Make the most of your membership<br />

Date: 4th November<br />

Time: 12pm<br />

We want you to get maximum value from your membership, so<br />

please join us for this virtual event as we explore the full range<br />

of benefits that come as part of your membership – including<br />

some you might not be aware of.<br />

This Virtual Members Event will include bitesize, informative<br />

guides from <strong>IoD</strong> experts. Did you know that our Information<br />

Advisory Service provides specialist information and business<br />

advice, tailored to you, including legal and tax helplines and a<br />

comprehensive business library?<br />

Our professional development team will be on hand to highlight<br />

<strong>IoD</strong> learning opportunities, including our Digital Academy,<br />

in-house assessments and our Chartered Director qualification –<br />

the world’s leading qualification for directors.<br />

Event manager: Ms Lesley Bennett<br />

t: 02080784128 e: Lesley.Bennett@iod.com<br />

Click here for details<br />

With Schroders Personal Wealth:<br />

Directors Masterclass: Powers, duties and<br />

liabilities of directors<br />

Date: 5th November<br />

Time: 9am<br />

This virtual session is for new Directors, anyone soon to be appointed<br />

to a board or any Directors who would like to brush up<br />

on their legal responsibilities. It will be appropriate for Directors<br />

in any sector – private, social enterprise, charity and public.<br />

You will be able to assess your knowledge level in the role of<br />

director, including legal and financial responsibilities and learn<br />

how to avoid issues that can lead to spectacular corporate governance<br />

failures.<br />

This session will be led by <strong>IoD</strong> tutor, Sheelagh Duffield.<br />

Event manager: Chelsea Brennan<br />

t: 02890683224 e: Chelsea.Brennan@iod.com<br />

Click here for details<br />

Branding: Intellectual property considerations<br />

for an increasingly online world<br />

Date: 17th November<br />

Time: 8:30am<br />

This event is held in conjunction with <strong>IoD</strong> East <strong>Midlands</strong> longstanding<br />

partner, Nelsons<br />

Click here for details<br />

Attracting and hiring the right talent<br />

Date: 18th November<br />

Time: 9.30am<br />

The Leicester Business Festival is an annual fortnight of business<br />

events, held right across Leicester and Leicestershire in the<br />

<strong>Autumn</strong>. This event is part of <strong>IoD</strong> East <strong>Midlands</strong>’ engagement<br />

with the festival. Events are free and anyone can attend.<br />

Click here for details<br />

<strong>IoD</strong> Peterborough: November Mastermind<br />

Date: 29th November<br />

Time: 3pm<br />

Event manager: Richard Holdaway<br />

t: 01223 739387 e: east@iod.com<br />

Click here for details<br />

An Introduction to the Virtual Certificate<br />

Date: 2nd December<br />

Time: 9am<br />

Bite-sized, informative session on how to kick start your professional<br />

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

• Free - information session<br />

• Meet a course leader and Chartered Director<br />

• Enhance your impact and performance as a director and gain<br />

the latest tools and techniques from expert practitioners.<br />

Event manager: Mrs Juliet Rushent<br />

t: 02080784127 e: Juliet.rushent@iod.com<br />

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

<strong>Autumn</strong> 2021


Birmingham Mastermind<br />

Date: 1st November & 6th December<br />

Time: 6pm-9pm<br />

Venue: Hotel Du Vin, Birmingham<br />

Cost: £30 +VAT<br />

We are delighted that Glenn Cameron, an experienced<br />

facilitator for <strong>IoD</strong> Masterminds, will be hosting this Mastermind<br />

for members based in Birmingham.<br />

The event includes a two-course meal with a glass of wine or<br />

other refreshment.<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

Black Country Mastermind<br />

Date: 17th November<br />

Time: 9.30am-10.30am<br />

We are delighted that Ian Priest, an experienced facilitator for<br />

<strong>IoD</strong> Masterminds, will be hosting this Virtual Mastermind for<br />

members based in the Black Country.<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

Lessons in Leadership and<br />

Life with Peter Shergold<br />

Date: 18th Nov<br />

Time: 12.30pm-2.30pm<br />

Don’t miss this joint event with the Chartered Institute of<br />

Management Accountants, where you’ll have the opportunity<br />

to link up with Peter Shergold, former company commander in<br />

the British Army and currently, Director of Operations, Public<br />

Health England (West <strong>Midlands</strong>).<br />

He will run through his leadership experiences while serving in<br />

the British Army in Iraq, Oman, Eastern Africa and Afghanistan,<br />

which haven been just as complex in civilian life after he led<br />

the St John Ambulance pandemic response and in his current<br />

role as Director or Operations (West <strong>Midlands</strong>) for Public<br />

Health England.<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

Cyber Curry Lunch<br />

Date: 1st December<br />

Time: 12.30pm-2.30pm<br />

Venue: Chutney Ivy, Leicester<br />

Cost: £25 + VAT member, £32 + VAT non member<br />

Learn more about the threats to your cyber security from <strong>IoD</strong><br />

East <strong>Midlands</strong> partners kryptokloud at this special themed<br />

lunch event.<br />

Hosted by our regular Professionals Lunch partners in Leicester,<br />

the Chutney Ivy.<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

• More on kryptokloud: see page 22<br />

To keep up-to-date on what events are added in the East<br />

<strong>Midlands</strong>, follow us on LinkedIn and check out our Events Page:<br />

https://www.iod.com/events-community/regions/<br />

east-midlands/events<br />

For events in the West <strong>Midlands</strong>, see<br />

https://www.iod.com/events-community/regions/<br />

west-midlands/events<br />

Annual Lincolnshire Lunch<br />

Date: 3rd December<br />

Time: 12pm<br />

Cost: Members, £35 + VAT; Non-Members, £45 + VAT<br />

Table of 8, £245 + VAT; Table of 10, £315 + VAT<br />

We invite you to join the <strong>IoD</strong> Greater Linconlshire &<br />

Rutland Branch at their popular Annual Lunch, which we<br />

are pleased to say is now back face-to-face!<br />

This promises to be a lively and informative afternoon,<br />

offering members and the wider business community<br />

and opportunity to enjoy an excellent lunch experience<br />

and relaxed networking. A perfect atmosphere for<br />

entertaining clients and colleagues.<br />

Tickets include a delicious festive themed three-course<br />

Christmas lunch with an arrival drink and tickets are<br />

available for both individuals and tables.<br />

Speakers and more information to be announced soon!<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

The Professional Lunch series<br />

is back on the menu!<br />

We are delighted to announce<br />

that <strong>IoD</strong> East <strong>Midlands</strong>’ popular<br />

Professionals Lunch series is<br />

back – and with same superb<br />

hosts who used to treat us so well before the pandemic!<br />

One of the most popular events in the regional diary, the<br />

Professionals Lunch is networking at is best, with great<br />

food and drink served in an informal, convivial atmosphere<br />

that’s just made for getting the networking going.<br />

This is the best reason you’ll find to step outside the office<br />

and take a proper lunch once in a while.<br />

A reception drink is included in the price with thanks to our<br />

sponsors, Nelsons Solicitors.<br />

In LEICESTER, our hosts are the Chutney Ivy. You’ll enjoy<br />

a delicious Indian food buffet right in the heart of Leicester<br />

while meeting fellow directors and professionals from the<br />

region. It’s a great opportunity to discuss hot topics in<br />

business right now in an informal setting. Share ideas on<br />

best practice and hear from those in different industries<br />

with new prospective. Build your rapport with Leicester<br />

business owners and professionals over food and drink at<br />

Chutney Ivy.<br />

Date: 16th December, Time: 12:30 - 14:30<br />

Venue: Chutney Ivy, Leicester<br />

Click here for detail<br />

In NOTTINGHAM our hosts will be, once again, the<br />

Memsaab Restaurant in the heart of the city. As with the<br />

Leicester lunch, we will be serving a delicious Indian buffet<br />

that will cater for all tastes.<br />

Date: 16th November & 15th February 15, 2022<br />

Time: 12:30 - 14:30<br />

Venue: Memsaab, Nottingham<br />

Click here for detail<br />

Prices for both events: Student: £20 + VAT;<br />

Member: £25 + VAT; Non Member: £32 + VAT<br />

Event manager: Ms Cari Grice<br />

t: 0115 848 6190 e: Cari.Grice@iod.com<br />

Click here for details<br />

<strong>Autumn</strong> 2021<br />

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

37


Director Development at the <strong>IoD</strong><br />

<strong>IoD</strong>: Helping you improve<br />

as a director<br />

Professional Director<br />

Series<br />

To help you understand your role as a<br />

director, and future-proof your board<br />

and organisation, the <strong>IoD</strong> has developed<br />

the Professional Director Series to be<br />

delivered virtually – bringing accessible<br />

and digestible CPD straight to you.<br />

The whole series is mapped to the<br />

<strong>IoD</strong> Director Competency Framework,<br />

keeping your learning relevant, up-todate<br />

and in line with your professional<br />

development ambitions. Whether you’re<br />

embarking on the Certificate in Company<br />

Direction or are a qualified Chartered<br />

Director, this CPD series is the perfect<br />

accompaniment – or refresher – to your<br />

existing knowledge.<br />

You’ll be part of a group of leaders<br />

from organisations of all shapes and<br />

sizes from across our regions and<br />

nations, allowing you to connect, learn<br />

from each other, share your setbacks<br />

and successes, and encourage each<br />

other at the most senior level during<br />

these difficult times.<br />

Our Professional Director Series is<br />

now available to all full <strong>IoD</strong> members,<br />

including CDir and F<strong>IoD</strong>, as a free of<br />

charge online resource.*<br />

* Please note, this is not available free<br />

of charge to associate members.<br />

Find out more at https://www.iod.com/training/professional-director-series<br />

Certificate in Company Direction<br />

Whether you’re a newly appointed<br />

director, aspiring to a seat on the board,<br />

or want to improve performance with<br />

fresh insight, the <strong>IoD</strong> Certificate in<br />

Company Direction, Level 9 (SCQF)<br />

qualification will equip you with the core<br />

knowledge and awareness needed to<br />

function effectively as a director.<br />

The programme covers the key<br />

areas of governance, finance, strategy<br />

and leadership providing you with a<br />

foundation in effective directorship:<br />

n An in-depth view of the role, your<br />

responsibilities and legal duties<br />

n An understanding of the<br />

characteristics of an effective board<br />

n Sound knowledge of financial terms<br />

and concepts<br />

n The issues and processes associated<br />

with formulating strategic business plans<br />

and achieving strategic leadership<br />

n Enriched peer learning with<br />

directors across the globe<br />

n A qualification that is respected<br />

world-wide and sits as an equivalent to<br />

degree level<br />

Take advantage of a range of flexible<br />

routes to qualification available across<br />

the UK, featuring a blend of digital<br />

and interactive virtual learning tailored<br />

to your level of experience, prior<br />

qualifications, career aspirations and<br />

learning style.<br />

Find out more at https://www.iod.com/training/qualifications/certificate<br />

Leading from<br />

the Chair<br />

Course Dates: November 10<br />

Times: 10am-12 noon<br />

Location: <strong>IoD</strong> Virtual Development,<br />

Virtual Classroom<br />

Cost: Members, CDir, F<strong>IoD</strong>, Free<br />

Non-members: £100 + VAT<br />

The role of the Chair in an organisation<br />

is often misunderstood and regularly<br />

becomes confused with the role of the<br />

CEO.<br />

It is far more than managing the<br />

process of board meeting execution.<br />

Analysis of successful organisations<br />

shows that the leadership role of the<br />

Chair is vital in order to ensure that the<br />

board as a team makes decisions and<br />

discharges its duties effectively. This<br />

session will clarify the Chair’s leadership<br />

role in order to unleash the value<br />

creating potential of the board.<br />

Delegates will be able to:<br />

• Outline the purpose of the Chair<br />

• Describe the skills, attributes and<br />

characteristics of an effective Chair<br />

• Identify how the Chair can add value<br />

both in and out of the boardroom<br />

With special thanks to our Leading<br />

from the Chair sponsor for 2021 -<br />

OnBoard by Passageways. OnBoard<br />

is a comprehensive and secure board<br />

management software that helps you<br />

govern more effectively.<br />

More details, contact:<br />

t: 0208 142 9066<br />

e: professional dev@iod.com<br />

Want to know more about<br />

<strong>IoD</strong> training and director<br />

development programmes?<br />

Our training team are here to<br />

answer your questions.<br />

Call us: 020 7766 2601<br />

or email<br />

developing@iod.com<br />

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

<strong>Autumn</strong> 2021


Five steps to becoming a better director<br />

Role of the Director and the Board*<br />

Duration: Two days<br />

Cost: Members £2,475;<br />

Non-members £2,975<br />

Dates: See website<br />

This is an essential introduction to the<br />

role, duties and legal responsibilities of<br />

a director and the workings of a board.<br />

The training offered within this course will<br />

help you to examine your own professional<br />

liabilities, the board’s role in corporate<br />

governance, and learn how to improve<br />

board effectiveness.<br />

More at iod.com/rdb<br />

Finance for Non-Finance Directors*<br />

Duration: Three days<br />

Cost: Members £2,745;<br />

Non-members £3,300<br />

Dates: See website<br />

This course, designed specifically<br />

for non-finance directors and senior<br />

managers, will demystify the world<br />

of finance, helping you to assess the<br />

financial health of your organisation in<br />

the context of its strategic objectives.<br />

Evaluate business plans with confidence,<br />

question financial information and<br />

See www.iod.com/training/open-courses<br />

contribute more effectively to boardroom<br />

decision-making.<br />

More at iod.com/ffd<br />

Strategy for Directors*<br />

Duration: Three days<br />

Cost: Members £2,745;<br />

Non-members £3,300<br />

Dates: 10th-12th November<br />

Strategic planning is essential for<br />

every board of directors. Explore<br />

the relationship between strategy,<br />

governance and risk and learn how to<br />

use tools and frameworks that support<br />

strategic thinking and decision-making to<br />

create, implement and future- proof your<br />

organisation’s strategy.<br />

More at iod.com/sfd<br />

Leadership for Directors*<br />

Duration: Two days<br />

Cost: Members £2,475;<br />

Non-members £2,975<br />

Dates: 29th-30th November<br />

This course will help you to brush up<br />

on the latest leadership techniques based<br />

on real-world leader examples and learn<br />

how to create influence, stakeholder<br />

engagement and impact, with an<br />

opportunity to reflect on and explore<br />

your own leadership style.<br />

More at iod.com/lfd<br />

Role of the Chair<br />

Duration: One day<br />

Cost: Members £880;<br />

Non-members £1,155<br />

Dates: 23rd November<br />

The chair has a critical influence on a<br />

board’s style, composition, balance and<br />

performance. This course provides you<br />

with the knowledge, skills and tools to<br />

be an effective chair and successfully<br />

lead and develop a board. It gives you<br />

an opportunity to review your role and<br />

update yourself on current good practice.<br />

More at iod.com/rcc<br />

*These modular courses are part of the<br />

Certificate in Company Direction and can<br />

be taken individually or as part of the<br />

Certificate.<br />

All dates given are local <strong>Midlands</strong><br />

sessions; Virtual courses will be run at<br />

regular dates throughout rest of year.<br />

Accelerated pathway to business success<br />

Business pressures can make it difficult<br />

to take time out to focus on personal and<br />

professional development. But the <strong>IoD</strong><br />

has a course that lets you take control<br />

of your professional development and<br />

become a Certified Director with this<br />

intensive fast track residential designed<br />

specifically for the time-poor leader.<br />

Using a blend of online and faceto-face<br />

learning, the <strong>IoD</strong> Accelerated<br />

Certificate in Company Direction offers<br />

directors the same expert training<br />

and knowledge available through our<br />

traditional approach, but requiring only<br />

five consecutive days away from the<br />

demands of your business.<br />

This fast-track residential programme<br />

provides you with fresh insights into<br />

the key areas of strategy, leadership,<br />

governance and finance, thus covering<br />

the subjects of the Certificate in<br />

Company Direction modules:<br />

n Role of the Director and the Board<br />

n Finance for Non-Finance Directors<br />

n Strategy for Directors<br />

n Leadership for Directors<br />

Why attend?<br />

n Achieve the <strong>IoD</strong> Certificate in<br />

Company Direction in a flexible way<br />

n Share experiences with your peers<br />

n Minimise time away from the office<br />

n Learn from leading professional<br />

n For individual directors and groups of<br />

directors from the same organisation<br />

Who will benefit?<br />

n Busy directors who cannot take too<br />

much time away from the demands of<br />

their business and who are looking for<br />

a fast track method of achieving the<br />

certificate in company direction<br />

n Overseas directors who are looking to<br />

complete the full programme.<br />

n Leaders who want to bring specific<br />

competences and credibility to their<br />

businesses<br />

Those who wish to gain further<br />

qualifications will be able to progress to<br />

the Diploma in Company Direction and<br />

to Chartered Director status.<br />

To find out more about the<br />

Accelerated Certificate in Company<br />

Direction and to book your place(s),<br />

speak to the Professional Development<br />

team on 020 7766 2601 or via email<br />

to developing@iod.com<br />

FUTURE COURSE DATES<br />

Woodlands Park Hotel, Surrey, <strong>IoD</strong><br />

South, 7th-12th November<br />

Ettington Park Hotel, Warwickshire, <strong>IoD</strong><br />

West <strong>Midlands</strong>, 5th-10th December<br />

Fawsley Hall Hotel & Spa,<br />

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

Dates to be confirmed<br />

Prices: Member: £9,775 + VAT;<br />

Non-member: £11,875 + VAT<br />

Prices are inclusive of course materials,<br />

five nights accommodation including<br />

breakfast and group meals.<br />

Virtual courses will be run<br />

28th November - 3rd December 3<br />

<strong>Autumn</strong> 2021<br />

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

39


Ambassadors<br />

<strong>IoD</strong>: Working for you<br />

across the <strong>Midlands</strong><br />

The <strong>IoD</strong> across the <strong>Midlands</strong> has<br />

reorganised its structure to better<br />

reflect regional priorities and improve<br />

members’ identification with their<br />

local branch.<br />

The move towards a more localised<br />

structure mirrors central government<br />

experience with the creation of Local<br />

Enterprise Partnerships (LEPs).<br />

In the West <strong>Midlands</strong>, the four<br />

branches are:<br />

<strong>IoD</strong> Greater Birmingham<br />

<strong>IoD</strong> Coventry & Warwickshire<br />

<strong>IoD</strong> Worcester & the Marches<br />

<strong>IoD</strong> Black Country & Staffordshire<br />

In the East <strong>Midlands</strong>, the three<br />

branches are:<br />

<strong>IoD</strong> Leicestershire & South East<br />

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

<strong>IoD</strong> Greater Lincolnshire & Rutland<br />

<strong>IoD</strong> Derbyshire & Nottinghamshire<br />

Each branch is run by a volunteer<br />

committee, headed by an<br />

experienced Chair.<br />

In addition, we have created<br />

Ambassador roles to act as a focal<br />

point for key issues, under the<br />

headings:<br />

Comms/Events/Membership<br />

Ambassador – a PR, media and<br />

marketing expert who will help us<br />

better CONNECT with members.<br />

Chartered Director Ambassador – a<br />

Chartered Director who will support<br />

members to DEVELOP their skills as<br />

directors.<br />

Governance and Policy Ambassador<br />

– a well-connected member who<br />

will manage branch governance,<br />

connect members and enable them<br />

to INFLUENCE the national agenda.<br />

Here we introduce you to some of<br />

the <strong>IoD</strong> members in these roles, and<br />

signpost opportunities for you to get<br />

involved with the <strong>IoD</strong> team and make<br />

more out of your membership.<br />

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

Regional Chair: Gary Headland<br />

Regional Ambassadors<br />

Dr Craig Marsh<br />

Vacant<br />

Andy Leask CDir<br />

James Pinchbeck<br />

Clive Bridge CDir<br />

Alexandra Slack<br />

Paul Burrows<br />

Michelle Allison<br />

Vacant<br />

Emma Olivier-Townrow<br />

Richard Wills<br />

Kate Strawson<br />

John Hebblethwaite<br />

Tom Marsden<br />

Mike Simpson<br />

Graham Harrison<br />

Craig Topley<br />

Kerrin Wilson QPM<br />

Skills & Education<br />

Diversity and Inclusion<br />

Chartered Director &<br />

Professional Development<br />

Policy and Governance<br />

Manufacturing and Engineering<br />

Connect & Events / PR &<br />

Communications<br />

Cyber Security<br />

Greater Lincolnshire & Rutland<br />

Vice Chair<br />

Skills and Education<br />

Diversity and Inclusion<br />

Policy and Governance<br />

Marketing/Communications<br />

Financial Planning and<br />

Wealth Management<br />

Defence and Vice Chair<br />

Health<br />

Digital<br />

Construction and Engineering<br />

Co-opted Branch Ambassador<br />

Policing and Criminal Justice<br />

Derbyshire and Nottinghamshire<br />

Dr Rona Mackenzie Chair<br />

Paul Eeles<br />

Vice Chair, Branch Ambassador,<br />

Skills and Education<br />

Stacey Green Diversity and Inclusion<br />

Julie Pomeroy Chartered Director and<br />

Professional Development<br />

Greg Simpson Marketing and<br />

Communications<br />

John Jennings Employee and Business<br />

Engagement<br />

Lindsey Newman-Wood<br />

Innovation & Creativity<br />

Phil Webster Business Improvement<br />

Peter Wingrove Mental Health & Wellbeing<br />

Will Jackson Entrepreneurship<br />

Leicestershire and<br />

South East <strong>Midlands</strong><br />

Sarah Canning<br />

Shamir Ghumra<br />

Gareth Thomas<br />

Rhiannon Stafford<br />

Craig Bentley<br />

Nicola Moss<br />

Mark Eydman<br />

Kyra Williams<br />

Adrian Pryce<br />

Neil Campbell<br />

Paul Kelly<br />

Branch Chair<br />

Vice Chair<br />

Skills and Education<br />

Diversity and Inclusion<br />

Policy and Governance<br />

PR & Comms<br />

Employee Engagement<br />

Digital & Creative Ambassador<br />

CSR<br />

Risk Management<br />

Cyber<br />

<strong>IoD</strong> Ambassadors: Want to get involved?<br />

<strong>IoD</strong> East <strong>Midlands</strong> is currently seeking Ambassadors for a number of<br />

roles, as specified above. If you see a role that is marked Vacant and<br />

you are interested in filling it, please contact cari.grice@iod.com for<br />

more details.<br />

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

<strong>Autumn</strong> 2021


<strong>IoD</strong> West <strong>Midlands</strong> Chairs and Ambassadors<br />

Black Country & Staffs<br />

Paul Wood<br />

Branch Chair<br />

April Pearson-Myatt Policy & Governance<br />

Vacant<br />

Diversity & Inclusion<br />

John Phillips Develop:<br />

Education & Skills<br />

Peter Suddock Business improvement<br />

Develop<br />

Roger Fairhead Influence<br />

Andrew Thompson Sustainability<br />

Worcester & the Marches<br />

Michael Doolan Branch Chair<br />

John Painter Influence<br />

Julie Hayden Diversity & Inclusion<br />

Vacant<br />

Connect<br />

Vacant<br />

Develop<br />

Coventry & Warwickshire<br />

Dean Kavanagh<br />

Zeynep Turudi<br />

Paul Fairburn<br />

Jenny Bettany<br />

Denise Taylor<br />

Greater Birmingham<br />

Branch Chair<br />

Connect: Trade/Export<br />

Develop:<br />

Education & Skills<br />

Diversity & Inclusion<br />

Connect<br />

Andy Wilkinson Branch Chair<br />

Gary Simpson Connect<br />

Trudi Beswick Diversity & Inclusion<br />

Paul Hooper-Keeley Develop<br />

Russell Jeans Influence/Governance<br />

Yiannis Maos Technology<br />

Abid Khan<br />

Commonwealth Games<br />

Opportunity, Legacy &<br />

Communities Ambassador<br />

<strong>IoD</strong> Ambassadors: Want to get involved?<br />

<strong>IoD</strong> West <strong>Midlands</strong> is currently seeking Ambassadors for a number of<br />

roles, as specified above. If you see a role that is marked Vacant and<br />

you are interested in filling it, please contact Pam Kaur at<br />

pam.kaur@iod.com for more details<br />

Meet our Ambassadors<br />

Alexandra Slack – Regional PR &<br />

Communications Ambassador<br />

Alex’s mission across all<br />

her businesses and in<br />

life is “Better together<br />

through reciprocity”<br />

Due to her ‘black<br />

book’ of contacts Alex<br />

has been positioned as<br />

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

regional <strong>IoD</strong> ambassador (Connect, PR<br />

and Events).<br />

Alex is the founder and MD of The<br />

Circle Club, a Private Members Business<br />

Club, and founder and CEO of The House<br />

of Lifestyle Management, a Luxury<br />

Lifestyle Business. She has an extensive<br />

career background in events<br />

management, charity management and<br />

fundraising and network creation.<br />

Alex believes firmly in giving forward<br />

as well as giving back. She is currently<br />

Chair of Trustees for Alex’s Wish Charity.<br />

This isn’t personally related and by<br />

coincidence is her namesake, and she is<br />

helping others find a cure for the horrible<br />

disease of Duchenne in boys.<br />

Kate Strawson<br />

Greater Lincolnshire & Rutland,<br />

Marketing & Communications<br />

Ambassador<br />

Kate started her career<br />

in newspaper journalism<br />

after leaving school in<br />

1997 before studying<br />

BA (Hons) Journalism in<br />

1999.<br />

She worked for the<br />

Lincs FM Group at Trax<br />

FM in Doncaster before travelling to<br />

Australia and New Zealand in 2002,<br />

returning to her job at Lincs FM before<br />

starting up her own PR and Marketing<br />

Agency Shooting Star in 2005, working<br />

with many public and private sector<br />

organisations in the county.<br />

Kate hopes to raise awareness of the<br />

work the <strong>IoD</strong> do and the positive<br />

contribution it makes to the local<br />

business economy.<br />

Will Jackson<br />

Derbyshire & Nottinghamshire,<br />

Entrepreneurship Ambassador<br />

Will Jackson is the <strong>IoD</strong><br />

Derbyshire &<br />

Nottinghamshire<br />

Ambassador for<br />

Entrepreneurship. He is<br />

currently the Managing<br />

Director & Executive<br />

Vice President of<br />

Zalaris, an award-winning international<br />

HR & payroll technology and outsourcing<br />

company, and a non-Executive Director<br />

to a range of UK based businesses.<br />

His professional experience has<br />

predominantly been in technology<br />

solutions and services across a wealth of<br />

industry verticals such as oil & gas,<br />

finance, manufacturing, engineering,<br />

local government, healthcare,<br />

distribution, higher education and<br />

automotive. Will has proven fluency and<br />

expertise in managing international<br />

businesses P&L, budget, forecasting,<br />

sales & marketing, business<br />

development, strategy and execution.<br />

<strong>Autumn</strong> 2021<br />

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

41


Spotlight: Value of the Commonwealth – and Expos<br />

Don’t underestimate value and<br />

power of the Commonwealth<br />

Dr Nik Kotecha OBE, Chairman of Morningside Pharmaceuticals and the Randal Charitable Foundation,<br />

looks at how the Olympics and next year’s Commonwealth Games bring out the best in nations, and<br />

examines the modern relevance and benefits to the UK of the concept of ‘Commonwealth’.<br />

This summer’s Olympics<br />

and Paralympics<br />

showcased the very<br />

best of humanity under<br />

the most difficult of<br />

circumstances; but I’m<br />

not just talking about<br />

the exceptional<br />

performances of the athletes.<br />

The Games have come to celebrate<br />

and symbolise all that is great about<br />

diversity and inclusion, where multiculturalism<br />

takes centre stage and wins<br />

gold.<br />

As I watched this summer’s Japan<br />

games I was reminded that we now have<br />

less than a year to go until for the next<br />

sporting extravaganza begins – the 2022<br />

Commonwealth Games in Birmingham.<br />

But for many, the concept of<br />

‘Commonwealth’ is outdated and<br />

consigned to Britain’s much maligned<br />

colonial past, so what is its reverence to<br />

today’s world?<br />

For me, the Commonwealth Games<br />

and the diversity and inclusivity of the<br />

Commonwealth and the whole Olympic<br />

movement are particularly meaningful,<br />

as they have run like a thread through<br />

my life, both personally and as an<br />

entrepreneur.<br />

I was born in East Africa, my family<br />

heritage is from India, while I am now<br />

proudly British, having lived here for<br />

almost 50 years. I have done business<br />

throughout the world and in particular<br />

the Commonwealth. I think there are<br />

three key elements to focus on.<br />

First, the Commonwealth has been<br />

helpful to many entrepreneurs and small<br />

businesses looking to expand. While it<br />

does not offer a single market like the<br />

European Union, it is instead a powerful<br />

economic network, accounting for over<br />

15% of global exports and 14% of global<br />

GDP.<br />

When I set up my pharmaceuticals<br />

company in 1991 from my home garage,<br />

it was before the internet and the world<br />

was much less connected. We looked for<br />

exporting opportunities to emerging<br />

markets. Some of the first countries we<br />

exported to were Commonwealth ones,<br />

such as Barbados, Guyana and many<br />

African nations.<br />

The Commonwealth contains<br />

emerging economies which, when they<br />

recover from Covid, are set to grow fast.<br />

It offers a network through which<br />

companies can grow and entrepreneurs<br />

can find opportunity. This will be<br />

particularly important as countries look<br />

to rebuild from the ravages of Covid. The<br />

Commonwealth has a very young<br />

population, with 60% of people under<br />

the age of 30. We need to provide skills,<br />

jobs and hope to the next generation.<br />

Second, the Commonwealth is an<br />

important part of the UK’s post-Brexit<br />

identity and role in the world. Following<br />

the Brexit deal, the UK is refreshing its<br />

trading relationships. There are great<br />

opportunities here.<br />

As an example, India is the giant of the<br />

Commonwealth, and is set to become<br />

the world’s third largest economy by<br />

2025. I was part of the PM Theresa May’s<br />

Trade delegation to India five years ago,<br />

and have done business there. I know<br />

that there is an appreciation of UK<br />

standards, services and products, as well<br />

as a shift towards regulatory alignment<br />

on things like law and accounting<br />

procedures. UK-India trade is worth £24<br />

billion, supporting half a million jobs, and<br />

is set to grow.<br />

The UK has been busy negotiating and<br />

finalising new trade deals, including an<br />

Enhanced Trade partnership with India,<br />

which the Department for International<br />

Trade (DIT) is working to expand into a<br />

comprehensive free-trade agreement.<br />

We are applying to join the 11<br />

‘‘<br />

The Games<br />

have come<br />

to celebrate<br />

and symbolise<br />

all that is<br />

great about<br />

diversity and<br />

inclusion,<br />

where multiculturalism<br />

takes centre<br />

stage and<br />

wins gold.<br />

The Tokyo Olympics were a symbol of togetherness, celebrating all that is great<br />

about diversity and inclusion<br />

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

<strong>Autumn</strong> 2021


nation Comprehensive and Progressive<br />

Agreement for Trans-Pacific<br />

Partnership (CPTPP), which includes<br />

Canada, Australia and New Zealand. We<br />

are also in advance discussions bilaterally<br />

with these countries and other<br />

Commonwealth nations.<br />

There is a rationale for prioritising<br />

Commonwealth countries. Research shows<br />

that intra-Commonwealth trade is 19%<br />

cheaper, largely due to similar legal and<br />

regulatory systems, which is sometimes<br />

labelled ‘the Commonwealth advantage’. It<br />

is therefore not surprising that the trade of<br />

Commonwealth countries tends to be<br />

proportionately greater with members than<br />

non-members.<br />

While trade, investment and capital<br />

flows are important, the third factor I’d like<br />

to discuss are the people-to-people links,<br />

across the 2.4 billion people of the<br />

Commonwealth, which brings me back to<br />

the real achievements of the entire<br />

Olympic movement. The association,<br />

whether it’s through the Commonwealth or<br />

sporting achievement, spans every<br />

continent and has diversity at its heart,<br />

with people unified through common ties<br />

cemented by language and shared<br />

experiences and history. For Commonwealth<br />

countries these bonds are reflected in<br />

the strong diasporas in London, the <strong>Midlands</strong><br />

and the rest of the UK.<br />

The success of celebrating diversity and<br />

inclusion has certainly been one of the<br />

stand-out accomplishments of the<br />

Olympics movement, and this will be<br />

continued when the UK hosts the<br />

Commonwealth Games next year. It should<br />

also be recognised that trade brings<br />

people together, and facilitates<br />

cooperation and understanding between<br />

nations.<br />

Perhaps we underappreciate how<br />

important the Commonwealth Games and<br />

our ties to Commonwealth countries are to<br />

our history, but also to our present and<br />

future; and how together we will continue<br />

to play a key role in championing global<br />

trade, diversity and inclusion.<br />

As Chair-in-Office of the Commonwealth,<br />

the UK is in the hot seat for now but over<br />

the longer term we must capitalise on the<br />

powerful network it provides, and the<br />

opportunities to enhance business, trade<br />

and people-to-people ties.<br />

Events definitely back on the<br />

agenda for the Expo Queen<br />

With lockdown now officially over<br />

Sheila Smith, Expo Queen and owner<br />

of Your Leicester Business Expo and<br />

Your Northamptonshire Business<br />

Expo, has been quick off the mark<br />

confirming dates for two of the<br />

region’s favourite and most<br />

prestigious business exhibitions.<br />

Your Leicester Business Expo will<br />

take place at the King Power Stadium<br />

in Leicester on the 9th November<br />

2021, followed shortly afterwards by<br />

Your Northamptonshire Business<br />

Expo, back again at the Holiday Inn<br />

Corby on the 25th November 2021.<br />

However, these exhibitions, says<br />

Sheila, are more than a little bit<br />

different!<br />

“While we’re all so excited that<br />

face-to-face is finally back we’re<br />

offering a fabulous hybrid<br />

opportunity to businesses at both our<br />

exhibitions this year.<br />

“Our exhibition hybrid offer ensures<br />

exhibitors can enjoy both the<br />

opportunities of face-to-face<br />

interaction with attendees as well as<br />

our online Expo securing absolute<br />

maximum exposure.<br />

“I put this in place due to the<br />

phenomenal success our Virtual<br />

Business Expo enjoyed in October<br />

2020 when we were still in lockdown.<br />

Going virtual attracted 960+ visitors<br />

from eight different countries along<br />

with 35+ exhibitors and five great<br />

guest speakers. It was a huge success<br />

and I wanted to ensure we kept a<br />

Your Leicester<br />

Business Expo<br />

virtual element for these first two in<br />

person exhibitions.<br />

“It works for visitors who are<br />

located at a distance as well as for our<br />

exhibitors who, let’s be honest, can<br />

never get to see everyone who<br />

attends however hard they try. This<br />

way exhibitors who choose to take<br />

part in our hybrid expo will be found<br />

online for an additional 10 days!<br />

“It’s such an innovative and exciting<br />

way to network, connect, listen to<br />

great speakers and do business.<br />

“Whether at Leicester or<br />

Northamptonshire – or both,” adds<br />

Sheila, “Our expos will feature 60+<br />

exhibitors showcasing a wide variety<br />

of business products and services.<br />

Each business always brings<br />

something different to each exhibition<br />

and I cannot wait to see them and our<br />

visitors in November.”<br />

Both exhibitions are free to attend<br />

on the day. Exhibition stand spaces<br />

cost from £275 (no vat) and can be<br />

booked online at www.<br />

yourbusinessexpo.co.uk.<br />

Adds Janette Weedall of The<br />

Holiday Inn, Corby: “We’re delighted<br />

to once again host the<br />

Northamptonshire Business Expo.<br />

We’re really looking forward to<br />

welcoming exhibitors and visitors<br />

alike to network in a relaxed and<br />

enjoyable environment. It will be a<br />

great opportunity for businesses to<br />

make new connections and showcase<br />

their products and services.”<br />

Dr Nik Kotecha OBE is founder<br />

and Chairman of Morningside<br />

Pharmaceuticals Ltd and the Randal<br />

Charitable Foundation. He is also a<br />

Department for International Trade<br />

(DIT) Export Champion and a CBI<br />

Regional Councillor.<br />

<strong>Autumn</strong> 2021<br />

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

43

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!