Top Marks West Midlands’ Nathan Warren Is UK’S Leading Chartered Director
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West Midlandswww.iod.com Autumn 2017 New Mayor sets out his programme to boost business Top marks West Midlands’ Nathan Warren is UK’s leading Chartered Director The Ice Maidens ready Director CPD courses to battle the elements and workshops News We’re working for you - so let’s CONTACTS hear what your business needs IoD West Midlands: The Library of Birmingham, Centenary Square, and, more importantly, the points we raise acted Birmingham B1 2ND upon? t: 0121 643 7801 Dr Jason Wouhra OBE This was a key point raised by Sir JohnPeace, Chairman, chairman of the Midlands Engine, when we met Chairman: Dr Jason Wouhra OBE IoD West Midlands for an IoD event recently. He explained to e: [email protected] members from both IoD East and West Midlands t: 0121 359 2199 how the ‘Engine’ was firing, with plenty of advice Three things have dominated my thinking in for how local businesses could get involved with Regional Director/Editor: recent days: Brexit, the Midlands Engine and the its work. Calum Nisbet e: [email protected] role of the new Mayor, Andy Street. Sir John is a very knowledgeable and t: 0121 643 7801 All three are separate... but inexorably linked. experienced business leader and he is pulling For as one proves challenging, parts two and three together a formidable team. I believe the Midlands Regional Events Manager/ will come more to the fore for business leaders. Engine will have a vital role to play in ensuring Content Editor: So to Brexit first. At the time of writing, both that the voice of Midlands business is heard, Sue Hurrell negotiations are hardly going smoothly. David and that the right environment is created to e: [email protected] Davis has claimed progress; sadly, Monsieur stimulate economic growth. t: 0121 643 1868 Barnier suggests not. The impasse is making Another vital cog in that grand plan involves business cautious, putting on hold plans for Andy Street as the new regional Mayor. It think it The Institute of Directors West Midlands expansion. I have spoken to several who are is apparent that he has hit the ground running and membership magazine is published on delaying investment until things become clearer. has already made an impact in his new role. behalf of the IoD by: This pause will inevitably threaten future job Again, a very able businessman and one who creation and economic growth. knows what’s needed to help companies thrive. I Chamber Media Services, In addition, a number of companies are already hope he can carry through his mandate and make 4 Hilton Road, Bramhall, Stockport, reporting problems hiring the staff they need – at a difference, smoothing over regional differences Cheshire SK7 3AG. all levels of the skills matrix. Many parts of the and getting all parties to co-ordinate plans and public and private sectors depend on migrant agree on priorities – particularly for training, Advertising sales: Colin Regan labour and firms are already struggling to recruit transport and skills. t: 01925 879830 / 07871 444922 staff. As the talks continue, so this problem could e: [email protected] get worse. There’s a great positivity from both the What business needs is access to the European Midlands Engine and the Mayor’s teams, which is Production enquiries: market on a basis as close to the current position encouraging. Directors I speak to seem happy, Rob Beswick, as possible, with tarrif-free access and an ability to too... with the caveat about Brexit! ... as they t: 0161 426 7957 recruit labour as required. continue to lead their teams. But we have to be e: [email protected] So are these messages getting through to the realistic; our current economic position depends UK negotiators? Reading reports on the talks hugely on a successful outcome from the Brexit makes me think the UK side is ill-prepared for the talks, which must have the needs of the business Please note... task in front of it. No one ever thought the process community at the top of its agenda. Although every effort is made to ensure of exiting the EU was going to be easy but it is So what can you do? Get involved. The IoD, the the accuracy of material contained proving even more challenging than I thought. Midlands Engine, the Mayor’s Office, are all within this magazine, neither the IoD I was in talks recently with someone from Rolls working hard for the business community, and nor Chamber Media Services can Royce who pointed out that every single engine there is a huge amount of help available for accept any responsibility for omissions made in Derby has over 1,700 parts, many of businesses looking to invest, to grow, to employ or inaccuracies in its editorial or which come from outside the UK. They are more people. SMEs often don’t know where to advertising content. shipped here for a Just-in-time manufacturing turn for advice – these groups can help. process that demands all the parts are available We need to hear from you: what your concerns The views expressed in this publication when called upon. How is that going to be affected are today, what you need in the future. If we all are not necessarily those of the IoD. The carriage of adverts in this by customs checks and tariffs? work together I know we can build a bright future publication does not constitute an Which begs the question, are our negotiators for the Midlands. endorsement of the products or considering such issues? Is our voice being heard services advertised. All articles within this publication are copyright IoD West Midlands. Editorial IoD West Midlands Patrons consent must be obtained before any are reproduced either in printed form or electronically. Cover picture: Nathan Warren, Group Director - Commercial, at Sanctuary Group was awarded the New Chartered Director of the Year Award for scoring the highest marks in the examination and interview process. See page 8 02 | IoD West Midlands Autumn 2017 IoD West Midlands Autumn 2017 | 03 News 2017-18 student Honoured John thanks members British Business Bank ready to invest The REP is mentoring is seeking a litter ready to launch for supporting mentoring scheme first slice of Midlands Engine fund of 101 local businesses IoD West Midlands is holding the The British Business Bank has announced the first wave Patrick launch events for its university of its £250m Midlands Engine Investment Fund Magee, Birmingham Repertory student mentoring schemes for the (MEIF), with the launch of £120million worth of SME British Theatre, one of the country’s 2017-18 academic year later in debt finance, in a move designed to provide greater Business leading cultural institutions, October. support to the region’s SMEs, accelerate economic Bank has launched an ambitious The scheme – now approaching its growth and promote job creation – in line with the project that will unite 101 local seventh year in operation – pairs up Government’s Midlands Engine Strategy. businesses to enable experienced directors with students The Midlands Engine Investment Fund will play a disadvantaged children and at two of the region’s university vital role in fuelling regional growth. It is the result of families to experience the business schools. They then pass on close collaboration between the British Business Bank, magic and escapism of theatre, advice to the student for entering the Department for Business, Energy and Industrial often for the first time. the world of work, help with CVs, Strategy, the Department for Communities and Local Participating companies can interview techniques, networking Government and 10 Local Enterprise Partnerships in choose from donating a family and much more. the East & South East Midlands and West Midlands. ticket or supporting a group It brings together new and existing funding from Central Government, the European Regional Development Fund (ERDF), British Business Bank and European Investment Bank (EIB). Some of the relationships have The MEIF will be allocated by appointed fund and Industrial Strategy commented: “Business proved so successful that students managers – each selected to take charge of the Secretary Greg Clark said: “The UK is a world leader in have gone on to work with their distribution of specific types of debt finance within business and innovation. This is why we want all mentor. defined geographical regions. corners of the country to experience the benefits of visit, to see The REP’s magical Both parties get a huge amount The fund managers selected to allocate the MEIF enterprise, growth and jobs created by new businesses. Christmas production of ‘The from the scheme. The students debt funds are as follows: The Midlands Engine Investment Fund is an important Hundred and One Dalmatians’. cherry-pick decades of experience, Debt funds (East and South-East Midlands and West part of our modern Industrial Strategy, which will help All 101 businesses will be while the directors tap into a John Phillips, the former regional director at the “In the long run, the most valuable thing any of Midlands) - Maven Capital Partners UK LLP. entrepreneurs across the thriving Midlands region invited to networking and PR IoD in the West Midlands, has been awarded an us have is our personal integrity! Always do what Small Business Loan fund for East and South-East access the funding and support they need to start, grow opportunities to acknowledge honorary doctorate from the University of you say you are going to do, build your Midlands - Enterprise Loans East Midlands Limited. and invest in their future.” their support. Wolverhampton in recognition of his many years reputation, be truthful, treat your employees and Small Business Loan fund for West Midlands - BCRS Patrick Magee, Chief Commercial Officer at the This unique project has been of hard work mentoring to its students.