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CONTACT - Guernsey Chamber of Commerce

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<strong>Guernsey</strong><br />

climbs<br />

specialist<br />

finance<br />

centre<br />

rankings<br />

<strong>Guernsey</strong> has placed fourth in this<br />

year’s rankings <strong>of</strong> specialist finance<br />

centres from global trade magazine<br />

The Banker.<br />

The island made the biggest gains<br />

in the top half <strong>of</strong> the table, improving<br />

its score by nine points from last<br />

year to jump up four places.<br />

‘It is very encouraging to see<br />

such an improvement,’ said Peter<br />

Niven, chief executive <strong>of</strong> <strong>Guernsey</strong><br />

Finance, the promotional agency for<br />

the island’s finance industry.<br />

‘This seems to be a reflection <strong>of</strong><br />

<strong>Guernsey</strong>’s relative position in the<br />

wake <strong>of</strong> the economic crisis. We are<br />

seeing anecdotal and empirical<br />

evidence that suggests the Island<br />

is bouncing back well, particularly<br />

in relation to some <strong>of</strong> our<br />

competitors and these rankings add<br />

further weight to that view.<br />

‘There are still some significant<br />

challenges ahead and we cannot be<br />

complacent but this is another<br />

reason to be positive about the future<br />

<strong>of</strong> <strong>Guernsey</strong>’s finance industry.’<br />

This is the second year in a row<br />

that the magazine, which is part <strong>of</strong><br />

the Financial Times group <strong>of</strong><br />

business publications, has<br />

undertaken research on<br />

international finance centres. New<br />

York leapfrogged London to take<br />

pole position in the overall rankings.<br />

Within the rankings <strong>of</strong><br />

‘specialised financial centres’, the<br />

Cayman Islands retained its first<br />

place from Bermuda (up two places<br />

to second) who overtook Jersey<br />

(down a place to third).<br />

<strong>Guernsey</strong>’s position <strong>of</strong> fourth out<br />

<strong>of</strong> 18 placed it ahead <strong>of</strong>, amongst<br />

others, the Isle <strong>of</strong> Man (sixth),<br />

Gibraltar (11th) and Malta (13th).<br />

<strong>Guernsey</strong>’s business leaders are being<br />

given the opportunity to improve a key<br />

pr<strong>of</strong>essional skill and increase the<br />

<strong>Guernsey</strong>’s productivity by doing so.<br />

The half-day seminar will see<br />

delegates learning how to tap into their<br />

creative talents in order to power<br />

innovation and improve their business<br />

performance. The Tony Carey Creative<br />

Leadership Workshop is named after one<br />

<strong>of</strong> the originators <strong>of</strong> the <strong>Guernsey</strong> Awards<br />

for Achievement who died last year.<br />

Tony Gallienne, a former chairman <strong>of</strong><br />

the IoD in <strong>Guernsey</strong> and a vocal<br />

champion <strong>of</strong> the importance <strong>of</strong> creativity<br />

in business, said the seminar was a<br />

positive development for the island.<br />

‘In <strong>Guernsey</strong> we pride ourselves on<br />

being innovative and entrepreneurial and<br />

the workshop will <strong>of</strong>fer practical help for<br />

business people who want to tap into<br />

their skills in these areas. As a<br />

knowledge-based economy doing things<br />

smarter or differently to our competitors<br />

can help give us the edge over the<br />

competition. So I see this workshop as<br />

potentially vital for the Island’s business<br />

leaders <strong>of</strong> today and tomorrow.’<br />

Delegates will learn practical creativity<br />

and innovation methods and at the same<br />

time gain closer links with <strong>Guernsey</strong>’s<br />

business leaders in a variety <strong>of</strong> sectors,<br />

contacts that will continue to be useful in<br />

the years ahead. The event is being led by<br />

UK-based Paul Sloane, a leading expert<br />

and speaker on creativity and the positive<br />

impact it can have on businesses.<br />

‘Above all I want delegates to realise<br />

that we all have the capacity to be<br />

creative, it’s just a question <strong>of</strong> how best<br />

to tap into our potential. Business people<br />

attending the event will be given practical<br />

tools to help them improve innovation in<br />

their organisations,’ he said.<br />

The event, which is sponsored by AO<br />

Hall and supported by the <strong>Commerce</strong><br />

and Employment Department and the<br />

<strong>Chamber</strong> <strong>of</strong> <strong>Commerce</strong>, is the idea <strong>of</strong><br />

Tony Carey’s son, Andrew.<br />

‘Creativity perhaps has a reputation<br />

as being a bit <strong>of</strong> a touchy-feely subject,<br />

and not one that has a strong relevance<br />

to the business world. In fact, as<br />

<strong>Guernsey</strong> people have demonstrated<br />

GOT NEWS?<br />

Email us at: jon@one-strategic.com or write to:<br />

News Desk, Contact, 28 Cornet Street, St. Peter Port, <strong>Guernsey</strong> GY1 ILF<br />

Seminar in creativity<br />

for business leaders<br />

is launched<br />

‘Working harder or cheaper will help<br />

but to really make a difference one<br />

has to think about business issues<br />

creatively. My father completely<br />

bought into that philosophy’<br />

ANDREW CAREY<br />

over many years, creative thinking<br />

applied well in business can be an<br />

absolute game-changer,’ he said.<br />

‘ Working harder or cheaper will help<br />

but to really make a difference one has<br />

to think about business issues<br />

creatively. My father completely bought<br />

into that philosophy and I’m sure would<br />

support efforts to help make <strong>Guernsey</strong><br />

more competitive.’<br />

The event, which includes lunch, will<br />

be held on Wednesday 17th November<br />

at the Old Government House Hotel and<br />

costs £75. Registration is through<br />

Orchard Events by emailing<br />

Fiona@orchardevents.com or by<br />

calling 240606.<br />

The late Tony<br />

Carey, one <strong>of</strong> the<br />

originators <strong>of</strong> the<br />

<strong>Guernsey</strong> Awards<br />

for Achievement.<br />

www.guernseychamber.com | OCTOBER/NOVEMBER 2010 | <strong>CONTACT</strong> | 09

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