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Excellence Guaranteed Dr Andy Palmer of Aston Martin Lands Prestigious Iod Award West Midlandswww.iod.com January 2019 Excellence guaranteed Dr Andy Palmer of Aston Martin lands prestigious IoD award EVENTS | DIRECTOR DEVELOPMENT | ADVICE AND INFORMATION | NEWS HI THERE, IT’S NICE MEETING YOU. About Spaces Spaces offers an inspiring work environment for professionals and growing businesses. Next to office space, there are memberships and meeting rooms to help you think, create and interact with like-minded people. Spaces has the goal to offer an inspirational surrounding with an entrepreneurial spirit where ideas are born, a company evolves and valuable relationships are built. Spaces has locations across the UK – including Birmingham City Centre – as well as Europe, Canada, the United States, Latin America, Africa, Australia and Asia. For further information on Spaces please visit www.spacesworks.com or contact Area Manager Nick Haycox on 07766 160572 or via [email protected] CONTACTS Stay positive and keep IoD West Midlands: iHub, Colmore Gate, 2-6 Colmore Row, Birmingham B3 2QD a sense of perspective T: 0121 643 1868 and that must be avoided at all costs. We all saw Chair: Brian Hall Brian Hall the scenes on the streets of Paris before e: [email protected] Chair, Christmas, as public anger over President t: 0121 728 8360 IoD West Midlands Macron’s proposed reforms ended in violence. That is a bigger threat to business continuity Regional Director/Editor: than any Brexit deal. Calum Nisbet But let’s remain optimistic; we will cope, we e: [email protected] Happy New Year. I hope you had an enjoyable will find a route through. On that theme, I often t: 0121 643 7801 and restful Christmas break, and are ready to find myself contemplating the way Britain is face whatever 2019 has to throw at us! portrayed in the media. I spend much of my time Office administration: talking to business leaders and they tell me Jordan Lowe Given the political events at the end of 2018, about their growth plans, the new markets they e: [email protected] and with the March 29 date looming large in our are targeting and other things: pay rises for t: 0121 643 1868 diaries for the UK’s exit from the European employees, training programmes for school Union, the chances are that the events ready to leavers and apprentices. They talk about CSR, The Institute of Directors West be hurled at us will be both momentous – and and how their staff go in to local schools and Midlands membership plentiful! Speaking to other business leaders other organisations to support public sector magazine is published on around the region I know there are many with behalf of the IoD by: concerns over what this year has in store for us, Chamber Media Services, but I have decided to adopt a positive, “Nobody wants to prolong the 4 Hilton Road, Bramhall, philosophical approach and not become too uncertainty, but everyone must Stockport, Cheshire SK7 3AG. weighed down with doubts and concerns. remember that businesses and What is true is that the political situation has Advertising sales: to settle down – and quickly. The responsibility communities need time to Colin Regan to find a way forward now rests directly with 650 adapt to future changes...” t: 01942 537959 / 07871 444922 MPs in Parliament. Nobody wants to prolong the e: [email protected] uncertainty, but everyone must remember that businesses and communities need time to adapt workers. They are keen to be at the heart of their Production enquiries: to future changes. communities, and play an active role in their Rob Beswick, Immediately after the referendum in 2016 I prosperity. t: 0161 426 7957 was at the IoD in London for a meeting with That’s the Britain I recognise, one full of e: rob@chambermedia senior Japanese business figures, and one responsible and civic-minded people, keen to services.co.uk questioned me about Brexit. “What will improve their local communities. happen,” he asked. “What are you going to do.” And then I come home and watch the news! I explained that it was like the weather: “I’ve Where Britain is often portrayed as chaotic, Please note... got no control over it. I can’t stop it. But I still uncaring and collapsing. Yet it’s nothing of the have to go out in it, so I just need to prepare for sort when you get out in the real world. Perhaps Although every effort is made to ensure the accuracy of material whatever it is.” the media could work harder at finding good contained within this magazine, He got my point: “We get some eventful news? neither the IoD nor Chamber Media weather in Japan, too!” Services can accept any That’s where I think we are: ready to respond, As for the IoD, there have been a number of responsibility for omissions or inaccuracies in its editorial or just not knowing which way to go. good news stories to report, both regionally and advertising content. nationally. Nationally, the push is for the IoD to The views expressed in this Personally, I believe that the Government have a greater focus on delivering value to its publication are not necessarily must honour the referendum decision, members, across all regions. those of the IoD. The carriage of adverts in this publication does not The one thing I really fear is civic upheaval to This new emphasis comes as the regions are constitute an endorsement of the accompany the current political one. A becoming more and more powerful, as the products or services advertised. constitutional crisis that unilaterally overturns Midlands Engine and Northern Powerhouse- All articles within this publication the referendum is likely to provoke an angry style devolution and City deals begin to deliver are copyright IoD West Midlands. Editorial consent must be obtained response from some sections of the community results. before any are reproduced either in printed form or electronically. Continued on page 4 Cover picture: Dr Andy Palmer, CEO of Aston Martin, receives the Dr Neville IoD West Midlands Patrons Bain Memorial Award for Excellence in Director and Board Practice at the IoD Director of the Year Awards. He is pictured with IoD Director-General Stephen Martin, event compere Claudia Winkelman and IoD West Midlands regional director Calum Nisbet www.iod.com/westmids 03 News Top gear! Aston Martin’s Dr Andy Palmer roars off with IoD award One of the West Midlands most high-profile business leaders was rewarded for his outstanding business career at the 2018 IoD National Director of the Year awards, when Dr Andy Palmer CMG, President and Group Chief Executive of Aston Martin Lagonda (AML), was presented with the Dr Neville Bain Memorial Award for Excellence in Director and Board Practice. This award is the highest accolade in the IoD’s Awards and recognises the personal imprint of the UK’s most high-profile leaders on the culture and success of their organisation through outstanding professionalism and the implementation of best practice in governance and leadership. Dr Palmer was presented with the award in recognition of the successful implementation of a new governance structure at the luxury car maker, which he established on joining the business in 2014. The new structure was put in place to oversee operational performance of the business and ensure effective governance of costs and profitability, and forms an integral Dr Andy Palmer receives his part of the brand’s ‘Second Century’ plan, award from Krissy Knights which involves a new product offensive, and Sue Smith, Sir Neville expansion of the company’s manufacturing Bain’s daughters, and event footprint and the delivery of sustainable compere Claudia Winkelman growth. Dr Palmer said: “2018 has been a truly historic year for Aston Martin Lagonda, as “All of our achievements are a testament “Good governance and we became the only truly British car maker to the extraordinary skill, professionalism listed on the LSE. That makes us a standard- and dedication of our workforce, who embedding an ethical bearer for the UK auto industry. continue to demonstrate pride and trust in approach to business is “Good governance and embedding an the Aston Martin brand which spreads out an incredibly important ethical approach to business is an incredibly to our customers, our racing teams, our important part of the Second Century Plan, dealers and our loyal fans, and I dedicate part of the company’s with the vision ‘to be the great British car this award to them.” ‘Second Century Plan’ ” company that creates the most beautiful • If you would like to enter or nominate automotive art in the world’. someone for the Regional Awards in 2019, Dr Andy Palmer “This award further demonstrates the please see page 14 success of our transformation plan.” • IoD visit to Aston Martin - see pg 11 Stay positive and keep a sense of perspective Continued from page 3 Inclusivity agenda, with my deputy, Jackie “secrets for success” where they excel. More locally, it has been heartening to Hendley, leading, and there will be a Finally, it was marvellous to see Dr Andy attend a number of great events, but number of events to support that. See page Palmer, president and CEO, Aston Martin particularly the recent dinner at Warwick 12 for more details on this. Lagonda, named as the winner of the Dr Castle and the last of the 2018 Productivity In addition we are introducing a new Neville Bain Memorial Award for Breakfasts, at Aston Martin, which gave series of ‘Chair’s Best Practice Visits’ to Excellence in Director and Board Practice attendees some fascinating insights into leading West Midlands businesses. The at the IoD Director of the Year Awards.
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