CDNetwork Bucks, Berks & Oxon Relaunch - Breakfast at the Hotel du Vin, Henley-on-Thames
In response to demand the CDNetwork Bucks, Berks & Oxon is being relaunched.
The first meeting is scheduled for Friday March 23rd at 7.15am for 7.30am start over Breakfast at the Hotel du Vin, Henley @ £20 a head, to be paid on arrival.
A new business proposition will be discussed - by CDirs for CDirs - that could provide ongoing opportunities for CDirs to earn fee income and participate in capital growth.
We will also welcome ideas for further meetings with the accent on achieving value, for the time invested in those meetings.
Hope to see you there.
Alan Hindley, John Palmer and Hector Grant
Chartered Director Network
Chartered Director Network
Organiser of CDNetwork Bucks, Berks & Oxon Re-launch
The Chartered Director Network Bucks, Berks, and Oxon has relaunched with the objectives which are:
- Purpose - to bring together current Chartered Directors, supporters, friends and colleagues with the common aim of furthering knowledge and learning opportunities for good governance of organisations, enterprise and businesses of all sizes.
- CPD - promote Continuous Professional Development as an integral part of the Chartered Director qualification, amongst all and wherever possible in alignment with the governing body’s current guidelines.
- Awareness - promote and raise awareness of Chartered Directors, their values, professional skillset and ‘corporate governance’ focus.
- Share - knowledge, learning, career and business opportunities.
- Engage - with entrepreneur and business groups, innovation and learning centres with a view to supporting business growth with good governance and sustainable business practices.
- Network - support and encourage networking and partnerships for career and business opportunities
FORMER housing boss Alan Crowe is to be the Royal Ulster Agricultural Society's new chief executive in time for this year's Balmoral Show.
He spent nearly 14 years as chief executive for Northern Ireland Co-Ownership Housing and its subsidiary Own-Co, a regional public body under the Department for Communities and Local Government.
A chartered director, he holds multiple awards and Fellowships with several professional bodies and has worked extensively with regional/central and local government.
He and his family currently live in Portstewart, and his wife, a farmer's daughter is co-owner of a farm in Co Tyrone.
Alan himself spent several years working for the National Farmers' Union and Mutual.
Following his appointment he said:
"I'm delighted and excited to be returning to work within the agricultural sector and look forward to working with the team at the Royal Ulster Agricultural Society."
He now begins a period of gradual transfer of responsibilities from current chief executive Colin McDonald, and it is expected that Alan will take up his new role to coincide with the 150th Balmoral Show in May.
CDNetwork – Research Project – 13/2/2018 - last chance to register
The first events for the CDNetwork are taking place on 13th February 2018 and this is the last opportunity to register for the afternoon or evening sessions.
By invitation from the University of Liverpool in London we have been asked to get involved in an independent, academic study funded by the UK Arts and Humanities Research Council (AHRC) about Directors’ Business Judgment and the Courts. The project is also being supported by the Institute of Directors (IoD), Institute of Company Secretaries (ICSA) and other business organisations. Please note that all participants must be current and active registered company directors.
We will also take the opportunity of informing you about some of the other plans we have for the group.
We have limited spaces available in two sessions on the 13th February 2018. Please book your preferred time by clicking below as soon as you can.
Hector Grant, Alan Hindley & John Palmer
BLM partnered with the Institute of Directors South West (IoD), who arranged for a panel of chartered directors to discuss the key challenges facing leaders in business and industry. The ﬁndings are published in this feature from the July - September 2017 issue
WHAT ARE THE MAIN CHALLENGES FACING DIRECTORS IN THE ROOM?
David Doughty: “From my own business, and from my clients, it is that lack of conﬁdence and insecurity that delays buying. It seems to be worse if you are older. There seems to be a lot more reasons for not making a buying decision…Christmas, New Year, Skiing, School Holidays. “I think once we have government with a
good majority – whatever ﬂavour it is – and once we have seen the way Brexit is going, I think then it takes out two of the reasons. People tend to look for excuses. It is the
entrepreneurs who aren’t looking for excuses though, they are looking for reasons to take opportunities.”
“It is easy to think that everything has been invented but there is still a lot of things that can be done and are being done. Investors, in our experience, are backing those thing’s.”
HOW IS INVESTOR CONFIDENCE HOLDING UP?
Nick Sturge: “I have a very local perspective in that respect, both in terms of a sector view and from a geographical perspective. Within this context, we have seen a signiﬁcant step up in terms of the level of investor activity and that is critical in the initial stages. “So, we are seeing more activity which is my closest estimation to conﬁdence. I do think that, having spent time out of Bristol and the South West, there is a difference in the sectors and the markets here in this part of world compared to other places like London and Manchester – who have a larger volume of activity, so some of these businesses are formed on a false premise. “There is a lot of hype around start-ups and some them don’t get anywhere. What we see is perhaps less start-ups but the ones who do start-up are more likely to stay and be solid. “It is easy to think that everything has been invented but there is still a lot of things that can be done and are being done. Investors, in our experience, are backing those thing’s.”
WHAT CHALLENGES ARE IOD MEMBERS FACING MORE BROADLY?
Simon Face: “The range of challenges is almost unlimited, but one people are worried about is around the future of the workforce and where future labour is going to come from – particularly post-Brexit. So, while we have a little time to work things through, it is not a huge amount of time – about 18 months. Things are going to change, particularly in manufacturing and food.”
Mark Saxton: “I don’t think we have 18 months, I think the issue is right now. Certainly, in the health sector – it is here now. We celebrated diversity day – 49 different nationalities in a small district general hospital – that is quite staggering for Yeovil. “There are a couple of things I would also like to say. I think this pay vs Retail price Index (RPI) is just a train coming down the track. That is a big issue I think certainly in the health sector with a 1% cap. “Generally, too, I worry about the global trend of disengagement, the Trump type of reaction. Two major political parties in France were eliminated and it is a new model in France. I think the have’s vs the have-nots are also a major issue facing us locally and globally.”
WHAT WOULD YOU SAY ARE THE MAIN GLOBAL RISKS FACING DIRECTORS?
David Doughty: “Globalisation is having an affect but I am not sure it is having the affect that people think it is. I think the trade markets are as healthy as they ever have been. I was a director of a manufacturing business which exported most of what it produced and we never discussed tariffs or trade agreements. If there was business there, we went after it.”
ARE PEOPLE NOW TALKING ABOUT TARIFFS?
David Doughty: “Politicians and the media talk about it but the reality for most businesses is that it is never discussed. They sell around the world and deal with the agreements afterwards, with what you must pay in tax or not.”
Mark Saxton CDir
Nick Sturge CDir
David Doughty CDir
“It is a lot easier to close oﬃces here then it is in Sweden or France, for example.”
Nick Sturge:“Some of these things (such as trade tariffs) have been business as usual for a long time but suddenly they become issues, perhaps unnecessarily. “Regarding trade with Europe, some companies are fearful of that what the new climate may mean for them and the challenge will be for early stage companies to bring expertise on board, which they don’t have.”
Simon Face:“I think whatever happens, the UK is going to become a much higher cost of economy. We are already seeing inﬂation coming through, food prices and in automotive goods as well. If we start seeing more tariffs and import duties, which is the likely scenario then this will have an impact. “Businesses will have to look to where they can make money and add value – it is around innovation, it is the knowledge economy – that is the where the future of the UK is going to be. We will probably end up looking more like Switzerland or Norway.”
COULD WE END UP BEING LIKE A SINGAPORE WITHOUT THE SUN?
David Doughty: “We are seeing signs of this already I think. If you look at the housing market, the house prices in London and the South East – that smacks of a high cost economy. Whether the city will survive or be able to help sustain that is another question. “We are still one of the most attractive countries for inward investment though, mostly because it is very easy to set up a business. That is the primary factor, the taxation would be an added sweetener and there is no reason why we couldn’t have a corporation tax regime, that is more attractive than the EU.”
IS THE UK AN EASY COUNTRY TO DIS-INVEST FROM?
Mark Saxton: “It is a lot easier to close ofﬁces here then it is in Sweden or France, for example. “Anecdotally we are hearing of more global businesses investing in Ireland for example, to make sure they still have access to the EU market as well as having an international, English-speaking base. “What we are also hearing is that people working in the city can more cheaply buy a house in Ireland and ﬂy into an airport every week than work in London and ﬂy home at the weekend. “That is another example of the world becoming more global, whether you like it
“We are still one of the most attractive countries for inward investment though, mostly because it is very easy to set up a business.”
HOW MUCH OF A THREAT WOULD JEREMY CORBYN AS PRIME MINISTER BE?
Simon Face: “I don’t think most business people would see a return to the nationalisation of utilities as necessarily a good thing. It might sound attractive as an individual, if you’re voting for what appears to be a free service but at the end of the day it still must be paid for and accounted for. “The reason why most water companies were privatised in the 80s and 90s was because
they needed huge investment – they were running 100-year-old infrastructure which needed replacing.”
Nick Sturge: “Some of his policies will of course be popular but staggeringly expensive and that logic has not been articulated.”
David Doughty: “He also demonstrates a lack of understanding of the way that pensions are funded because he is talking about taxing investors as if they are private individuals but they are mostly pension funds.”
Nick Sturge: “There was one thing in the Labour manifesto that the IOD would be nationally supportive of, subject to detail, which is the idea of more worker representation at board level.
“It would be interesting to get some thoughts on that. The IOD is supportive of better engagement at board level with the workforce. There is much to be discussed because if you elect an employee to sit on the board, then they need the skills to be a company director. It is an easy sound bite for politicians but in practice it is difﬁcult.”
RoSPA appoint Chartered Director Errol Taylor as new chief executive
The Royal Society for the Prevention of Accidents’ Board of Trustees is delighted to announce the appointment of Errol Taylor as the charity’s new chief executive.
Errol, who has been leading the organisation in an interim capacity since November 2016, joined RoSPA in 2004, initially heading up RoSPA’s commercial activities before developing the case for accident prevention as a public health priority and establishing RoSPA’s Ofqual-recognised qualifications business. He has been RoSPA’s deputy chief executive since 2006.
RoSPA is currently marking its centenary and highlights so far have included the launch of a RoSPA exhibition at the iconic Library of Birmingham, a visit by HRH The Duke of York and the RoSPA Centenary Royal Garden Party at Buckingham Palace. RoSPA is also leading the development of a National Accident Prevention Strategy.
Errol Taylor said:
“I am honoured to become chief executive of RoSPA, particularly at what is such an important time for our charity. We have always been clear that our centenary should not just be an opportunity to look back and highlight past successes, but that it should also be focused firmly on the challenges that remain in accident prevention. Accidents disproportionately affect the most vulnerable members of our society – those who are young, old or disadvantaged – and this is something that we are working tirelessly to address. I am proud to lead a fantastic team of dedicated colleagues and look forward to continuing to develop RoSPA’s valued relationships with other individuals and organisations across the health and safety community.”
Mike Parker, chairman of RoSPA’s Board of Trustees, said:
“The Board believes that Errol’s passion for accident prevention, energy, skills and experience will ensure RoSPA’s continued success for the foreseeable future. His enthusiasm for working in partnership with RoSPA’s many like-minded stakeholder organisations should, in time, lead to a significant reduction in the burden of accidental injury.”
Prior to RoSPA, Errol enjoyed senior customer-facing roles within the services, engineering and retail sectors. A Fellow of both the Institute of Directors (IoD) and the Royal Society for Public Health (RSPH), he is qualified as a Chartered Director with an MBA, an engineering degree and he is a gold grade RoSPA advanced driver. Married with three grown-up children, Errol is an advanced scuba diver who also enjoys cycling.
Errol succeeds Tom Mullarkey MBE, who decided to stand down after nearly 11 years as chief executive. During this period, Tom successfully led the RoSPA team through some difficult financial and business challenges and more recently, in efforts to have the value of accident prevention recognised fully by political and healthcare influencers. Errol said:
“We are grateful for Tom’s valuable contribution and the firm foundation that it provides for us to look ahead with renewed vigour, boldly stating that accidents do not have to happen.”
Denis Cherkasov is the 10th Russian citizen to become a Chartered Director, a qualification awarded by the UK's Institute of Directors (IoD) in London
04.05.2017 | Source: Pravda.Ru
Denis Cherkasov, a Russian businessman and technology investor.
The Institute of Directors, London, is a well established business organisation that has been operating since 1903. It promotes private entrepreneurship. In Russia, the IoD and the Independent Directors Association run the IoD Chartered Director certification program. Based on the training results, it awards three types of certificates. Denis Cherkasov became the tenth Russian citizen ever to be awarded the highest qualification - the Chartered Director.
Denis Cherkasov was born in 1976 in the Uzbek Soviet Socialist Republic. He graduated from MGIMO University and worked on his Ph.D. at the Institute for the Economy in Transition (IET). Alongside his studies, he taught a number of courses at the National Research University Higher School of Economics (HSE) and the London School of Economics and Political Science (LSE). At the beginning of his career, Denis founded Luch Publishing House that issued the Populyarnye Finansy (transl. "Popular Finances") magazine which won him the Media Manager of Russia award.
In 2006, Denis Cherkasov was appointed Vice President of UFG Private Equity and then took over as the fund's Co-Director. From 2008 to 2012, he worked at Wermuth Asset Management GmbH as Private Equity Director. Over this period, he participated in a shale oil and gas production project and the sale of Conquest Petroleum Incorporated, a US-based company.
Denis Cherkasov served on the Boards of Directors of several major companies focusing on the development of innovative management systems and production of CAD software, as well as high-tech companies based in the US and Ireland, including Advenira Enterprises, Inc., Parallel Graphics Ltd., Biomimedica, Inc. and others.
Apart from that, Denis Cherkasov was a member of the Boards of Directors at leading Russian consumer market manufacturers and chains: Concern Kalina, Dikaya Orkhideya (transl. - "Wild Orchid"), the North Timber Group specializing in forest harvesting and wood processing, iiko and Cortona3D (both are developers of innovative solutions and automation systems).
The investor currently serves on the Boards of Directors in Russian and foreign high-tech companies, including Canatu Oy, a global manufacturer of bendable touch films based in Finland. Since 2013, he has been CEO at SBVC Management Company (formerly, Troika Venture Capital Asset Management Company). At the start of his career with the company, Denis supervised the restructuring of the venture funds' investment portfolio and was responsible for aligning the company's operations with Sberbank Group's general strategy. SBVC Management Company focuses on trusted asset management of closed-end investment funds whose investment shares are restricted in terms of turnover according to the Russian legislation.
Two directors at Barclays have achieved the Institute of Directors (IoD) Chartered Director status and are encouraging other directors in the Isle of Man to do the same.
Barclays IoD chartered directors L-R Phil O’Shea, Clive Parrish from the IoD and Simon Scott
Simon Scott, managing director of Barclays in the Isle of Man, and Philip O’Shea, risk director at Barclays, became Chartered Directors after completing the final stage of the IoD’s Company Direction programme last year.
The programme offers a range of courses, designed and delivered by executive level business experts from a range of industries, focusing on the essential skills that are required to successfully lead a business.
Chartered Director is the only professional qualification for executive and non-executive directors that demands both knowledge and experience of how to make boards effective and a commitment to continuous professional development.
Directors wishing to become chartered must pass the IoD Certificate and Diploma in company direction before going on to the chartered level which involves compiling a professional portfolio of experience, which is assessed by an IoD professional development panel, and undergoing an interview process.
Mr Scott said: ‘Many directors stop at the IoD Diploma, but reaching chartered status demonstrates the individual’s experience at a more significant level and shows knowledge and understanding in a number of key areas including company governance, strategic thinking and leadership."
‘All members of the local Barclays board have completed the IoD Company Direction programme and have really benefited from the qualification, so I would definitely encourage others to consider completing it to the chartered level.’
Mr O’Shea said: ‘The requirement to provide clear and specific examples of when I have demonstrated good governance as a director was a positive challenge.
‘The process of collating the evidence for my portfolio and taking part in the interview process made me reflect on my effectiveness and helped me to consider how I can continue to develop and improve in my role as a director on a board.’
The IoD programmes are ideal for directors, senior executives, owner-managers and entrepreneurs who aspire to work at strategic board room level, whether that’s in the public, private or non-for-profit sectors.
The local Institute has successfully partnered with Salford Professional Development to deliver the IoD qualifications for a number of years. This year the option of remote invigilation has been introduced so there are even more opportunities for directors to complete the assessments on-island.
All of the modules are run in the Isle of Man but there is also the option for delegates to attend the modules in Salford if the local dates aren’t suitable.
Alison Kennedy, director of executive education at Salford Professional Development, said: ‘Many directors worry that they won’t be able to fit the qualifications into their busy schedules, but the IoD Company Director programme offers huge flexibility in study dates and timing and is supported by e-learning which can be accessed any time or place.
‘The programme is often undertaken by directors who already have experience on a board but the qualification would also benefit aspiring directors as it provides the leadership and business skills required and can be a huge confidence boost for them to make that leap to a director role.’
Chairman of the Isle of Man IoD branch, Clive Parrish, said: ‘I congratulate Simon and Phil for attaining the status of chartered director as this is a qualification that we encourage all new and experienced directors to aspire to. In an increasingly complex world we would like to see more directors, across all sectors, increase their knowledge and skills and really understand why being an effective director is good for them and their business’.
The first course of the IoD Certificate programme takes place in the Isle of Man on June 19 and 20, 2017.
Chartered Director Nick Sturge, Director of Bristol’s iconic Engine Shed, has been announced in the Sunday Times prestigious Maserati 100 index; a list of game-changing entrepreneurs who are disrupting the business world.
The index is made up of Britain's most successful philanthropists, investors, mentors, advisors and entrepreneurs who are supporting the next generation of business talent.
Nick, a Chartered Director and South West Regional Chairman for the Institute of Directors has committed years to the collaboration platform Engine Shed and running the award-winning SETsquared business incubation centre. Engine Shed is a collaboration between Bristol City Council and University of Bristol, while the Bristol SETsquared Centre was set up by the University and is based at Engine Shed, in the heart of the Temple Quarter Enterprise Zone.
The business leader has been recognised for engaging school children in the world of work, as he drives forward the mission to stimulate long term sustainable and inclusive economic growth. He is supporting and connecting business, inspiring young people to get involved, and showcasing to the public and potential inward investors the exciting opportunities that exist at the enterprise hub and incubators.
Nick Sturge, founder of Bristol's Engine Shed, serial entrepreneur and business start-up adviser, said: "It's incredible to be featured in the Maserati 100 for the second year in a row, and alongside such established and reputable leaders. I work with inspiring people every day and I continue to be impressed by the diversity and talent in this region that help create our ecosystem."
The diverse list features a high calibre of vibrant entrepreneurs, who not only help contribute to the growing UK economy, but also provide much needed support to tomorrow's business leaders. Over 75 per cent of those listed are under the age of 50, with the average age of disruptors being 38. The South West gained fantastic recognition with seven of the innovators and disruptors named in the list originating from the Bristol and Bath area, while the technology industry made up over 25 per cent of the index.
Iain Dey, Sunday Times Business Editor said: "Business disruption has allowed start-up entrepreneurs to turn the tables on big business through innovation."
The Maserati 100 campaign was launched at the end of 2014 as part of the Italian car brand's centennial year celebrations. In partnership with the Centre for Entrepreneurs members of the business community were invited to nominate the individuals who they felt should be recognised for their support of the next generation of entrepreneurs.
The collaboration partners have shared values; from the positive impact entrepreneurs have on the economy and society as a whole to the innovation, vision and determination required to succeed. The elite list is recognised by the partnership as they support initiatives and recognise others who do the same, with the final list curated by a panel of experts from the Centre for Entrepreneurs, including its founder, Luke Johnson.
As a long-established professional awarding body, the IoD is the only institute in the world to offer internationally recognised qualifications designed by directors for directors under Royal Charter.
To perform effectively as a director requires a combination of core competencies in the key areas of knowledge, skills and mind-set. Chartered Director is the only professional qualification for all directors that demands both knowledge and experience of how to make boards effective, and a commitment to continuous professional development.
Gain professional recognition, enhance your career prospects as an executive or non-executive director and become part of an exclusive network of senior leaders recognised for their outstanding leadership and contribution to business.
Housed in Brunel's original station, dating back to 1841, Engine Shed houses a number of 'components' that together make an exciting hub for activity where entrepreneurs, business leaders, academics, students and corporates can collaborate, inspire and be inspired, enable and be enabled. It showcases the strengths and innovations of the Bristol and Bath city region in an informative and inspiring way.
Engine Shed is a collaboration between Bristol City Council, the University of Bristol and the West of England Local Enterprise Partnership at the heart of Temple Quarter Enterprise Zone. Its mission is to stimulate long term economic growth by supporting business, inspiring young people to get involved and to showcase to the public and potential inward investors the exciting opportunities that exist here.
SETsquared is a long-standing partnership between the universities of Bath, Bristol, Exeter, Southampton and Surrey which specialises in growing high-tech start-ups through its incubation programme and other business acceleration services. SETsquared provides mentoring, access to investors and corporate innovators and a wide range of industry experts through its network and training programmes.
Independent research carried out by Warwick Economics estimates the economic impact of SETsquared member companies to be £3.8bn over this period, with the creation of 9,000 jobs and that these companies will go on to deliver a further £8.6bn of impact to the UK economy in the decade ahead.
Chartered Director Julia Clarke and Non-Executive Director Poku Osei are joint winners of the NHS SW Leadership Academy's Inclusive Leader Award
Bristol Community Health CIC Chief Executive Julia Clarke and Non-Executive Director Poku Osei have jointly won the NHS South West Leadership Academy's Inclusive Leader Award for their work on board diversity.
The award recognises leaders who are dedicated to ensuring that equality and inclusion lies at the heart of their day to day work and they actively promote equality and celebrate difference:
Julia, who is a holder of the Chartered Director qualification awarded by the Institute of Directors has been instrumental in the foundation of the ground-breaking Diversity Advantage Programme run jointly by the University of the West of England (UWE) and the NHS South West Leadership Academy in Bristol and Plymouth.
The Diversity Advantage Programme provides exceptional candidates from diverse backgrounds with an opportunity to gain NHS Board level experience. The programme uses a very broad interpretation of 0the term 'Diversity' in order to focus on the promotion of diversity of thought for NHS Boards in the South West region.
This opportunity is aimed at highly experienced emerging front runners, concerned with the future of the NHS and interested in in gaining experience and contributing to the decision making of an NHS board.
The selected candidates have an opportunity to participate on a tailored pilot leadership programme called the Diversity Advantage, benefiting in learning from highly experienced Board level practitioners and leading academics.
The pilot is being delivered in the two Cities of Bristol and Plymouth. There are 12 places available for NHS Boards and 12 selected potential Board candidates from the diverse talent pipeline across the two Cities. The programme includes a series of seminars, two Masterclasses and action learning sets.
This pioneering programme commenced on 21 June 2016 and will be completed on 6 December 2016. It is being funded by the NHS Leadership Academy at national level, and is being developed in collaboration with Christina Quinn, Director, at the NHS Leadership Academy South West, and Board member and newly elected mayor of Bristol, Marvin Rees, together with Bristol Community Health CIC who are piloting the first UWE graduate Board placement.
The Chartered Director qualification awarded by the Institute of Directors under Royal Charter is the only professional qualification for all directors that demands both knowledge and experience of how to make boards effective, and a commitment to continuous professional development.