Jul 072014
 

The Institute of Directors in Northern Ireland (IoD NI) is calling upon local business leaders to action good governance and reduce the number of director disqualifications in the province by undertaking a professional qualification through such means as the Chartered Director Programme

By  Business First Online July 07, 2014

Chartered Director good governance

According to the Insolvency Service, the financial year 2014/2015 to date has already seen 13 director disqualifications in Northern Ireland, with 104 reported in the year 2013/2014.

Explaining how professional qualifications can strengthen leadership prowess to the benefit of their company, IoD NI Chairman, Paul Terrington, said: “The economic climate continues to challenge local businesses and it is important that directors have the skills and experience to run their businesses profitably and a clear understanding of their responsibilities as directors.

“Most disqualifications occur when directors fail to maintain proper accounting records, fail to prepare and file accounts, or make returns to the Companies Registry and fail to submit tax returns and pay taxes due.

“Unfortunately many of these issues only come to light when directors have continued to trade while insolvent, causing further damage and distress to creditors.

“The Chartered Director qualification provides participants with a solid understanding of the role of a director focusing on strategy, finance, governance and leadership, whilst keeping them up to date with changes in the law that can affect a business.

“So far in Northern Ireland, almost 500 business leaders have participated in the programme and I look forward to that number rising further as the next generation of ambitious directors emerges, hungry for success.”

The programme progresses through the Certificate, the Diploma in Company Direction and finally the Chartered Director qualification.

Peter Martin, Managing Director of Director Development Ireland Ltd, who facilitates the courses locally on behalf of the IoD, said: “A lot of people can be directors, but not everyone is necessarily a good one. With the “Chartered” brand being synonymous with professional excellence, our graduates benefit from being seen to be qualified.

“These courses have been designed by busy directors for busy directors meaning there are no lengthy assignments or dissertations and, with modules delivered by experienced business leaders, directors gain an unrivalled insight into the implementation of strategy and planning for the future of the business.

“Whilst the programme is beneficial for the director’s own personal development, it is also beneficial to everyone in the company who benefits from their professional leadership style. By focusing on developing a broad range of skills required by directors, the course provides leaders with the knowledge and external awareness to confidently make the correct decisions for their business.”

Amongst the graduates of the programme is Alastair Hamilton, Chief Executive of Invest NI, who said of his qualification: “Directors are required to motivate, plan and communicate effectively. The course successfully combines theoretical framework and the opportunity to apply these skills to working life.

“The standard of teaching is extremely high and is well worth the effort of any director seeking to improve their performance.”

In recent years, approximately one third of those completing the course have been female directors and senior executives, including Karen Carmichael, Managing Director of mxb, who said: “The programme allowed me to take the time to step outside of my business and look at how to drive it forward in the company of fellow industry professionals on a similar journey.

“Both the Board and my colleagues would support the view that our business has benefited immensely since I undertook the programme and has stood us in great stead for achieving our overall vision.

“It requires dedication, but the reward of attaining the highest standard of Director professionalism is certainly worth it.”

For further information or to apply for the 2014/2015 programme, please visit www.iodni.com or contact directordevireland@gmail.com

Jul 042014
 

Murray Eldridge CDir is the guest speaker at the next local Chartered Director Breakfast Meeting

Leading High Performance: Applying the Winning Principles of Sports Coaching in an Organisation

murray eldridge chartered directorMurray Eldridge rowed for Great Britain at Junior World Championship level and won at Henley and national competitions. Completing a career at sea as a captain at twenty nine he embarked on a thirty year business career. He has run companies and joint ventures in China, Singapore, Indonesia and the UK in oil & gas, telecoms and latterly in the water sector where he remains a shareholder and advisor in a desalination company. Apart from his own international consultancy work he delivers the IoD’s ‘Director’s Role in Strategy’ for their Chartered Director program. He also works internationally for the Management Centre Europe in Brussels in the areas of Leadership, Leader Development and Strategy.

He is the author of Leading High Performance which blends his extensive international business knowledge and experience with many years of coaching competitive athletes. It reflects his passionate desire to bring a more effective style of leadership - and ‘followership’ - into companies that will move them from average to high performance.

Leading High Performance: Applying the Winning Principles of Sports Coaching in Your Organisation [Paperback] Murray Eldridge [amazon_template template="3" id="1780592132" ]

Date/Venue: Tuesday 15th July 2014 Hotel Du Vin Henley 0730

If you have not yet attended one of our meetings this locally organised group was formed by a few Chartered Directors in Berks, Bucks and Oxfordshire with the aim of meeting informally on a regular basis. It is aimed purely at Chartered Directors and provides an ideal opportunity to meet one another, make use of the considerable pool of talent within the network and at the same time seek to raise the profile of Chartered Director.

The meeting is informal but with a growing focus on continual professional development a key element of being a Chartered Director. Many of the presentations which are covered in the meetings count towards the Chartered Director CPD requirement.

Confirm Attendance

Should you be able to attend please can you confirm your attendance by email so that we can inform the hotel about exact numbers. E-mail Paul Bennett or Neil Britten to confirm.

Information in advance

It would be useful to circulate an attendance list to everyone a few days in advance of the meeting. Please can you confirm you are happy for this to be done and return the information below asap.

Venue

Chartered DirectorHotel Du Vin Henley

We have a private room and English Breakfast, coffee and juices will be served.

Cost £20.00. Please bring correct amount on the day.

For directions and more details

http://www.hotelduvin.com/hotels/henley-on-thames/hotel-information

There is plenty of free parking in the town centre for the duration of the meeting.

Time

Arrive 0720 for 0730 and finish 0930 sharp

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