East Midlands The official membership magazine of the IoD in the East Midlands n January 2017

The case of the curious leader CEO offers his views on modern business leadership

IoD events diary • Director development Export advice Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

Your products and services are Business needs the voice what the world is waiting for of the IoD to be heard There are some strange misconceptions GREAT.gov.uk, demonstrates the Garry Smith needs to keep its cards close to its chest as it sets prices in the shops. And where inflation goes, hanging around. Some people believe breadth of products and services that Chairman, IoD East Midlands forward on what will be complex and hugely so pay rises must follow... that the Moon landing was a hoax, are required overseas – over 800 live of the most compelling reasons to important negotiations with its EU partners. Which leads me on to one worrying sign at others that Elvis is not really dead, but opportunities, updated daily, for which undertake overseas trade. Any magazine column that lands at the start of So amid the confusion and obfuscation, the end of 2016, the return of employee protests living and working in Basingstoke. But UK companies can register. The new website excellently the year tends to look back at past events and where is the good news? Ironically, I think it lies and industrial action in some key businesses. perhaps the most surprising demonstrates specifically which country forward to future ones – and this one will be no in the time-honoured traditions of the UK The strikes generated a lot of media heat and misconception of all is one surrounding As well as this, the new website has is looking for which product or service, different! business community: that it is innovative and some unsavoury scenes. My personal view is overseas trade, namely that, of the 2.5 additional functionality. It offers a suite thereby giving companies hugely 2016 saw what was, to most people, the inventive, and among the most ingenious in the that striking is a legitimate action for employees million businesses registered in the UK, of tools for new, occasional or frequent powerful intel – and all for free. biggest voting shock of our lives – but I’ve got world. With that background, I hope we’ll find a with a strong grievance. However, I am an estimated 360,000 who have an exporters. For example, for those over Ore winning Strictly Come Dancing way through any problems that come concerned that some of those at the end of 2016 exportable product or service companies who are trading online, the But the DIT world has not gone totally now, so let’s move on... our way. had a political edge to them. That would be an mistakenly believe there isn’t a global site offers exclusive deals on fees or digital. Almost certainly the most There were those other two votes ... But at the moment we seem to unwelcome return to the atmosphere in which demand for it. commissions with some of the world’s powerful weapon in our armoury is the and while the impact of Trump on be treading water. Businesses we conducted business in the 1970s, a regressive leading online marketplaces. Companies people who are available to help and these shores is impossible to that don’t export are largely move that I hoped we’d seen the last of. The Department of International Trade is are also encouraged to register on the advise you. They are the best place to quantify at the moment, Brexit is untroubled by events; those seeking to counter this last buyer directory. start if you want to understand if your one we are already starting to feel that export have seen a nice For the IoD, both in the East Midlands and misconception in a variety of ways product or service is suitable for export. the effects of. boost by the dip in Sterling’s nationally, 2016 was another hectic year – and (perhaps we’ll turn our attention to the This is a fantastic opportunity to Seven months on from that value. However, for those 2017 promises to be just as busy. I was, as ever, first two when we have cracked the showcase your business to overseas Their experience is vast, both in terms of momentous day and I feel business is companies who import – hugely encouraged by the amount of overseas trade thing). companies who are looking to source their own experience and in the slowly groping its way forward as it particularly raw materials – membership interaction we saw through our Some of the work we do, such as this products and services from overseas. companies they have already helped. tries to come to terms with what the higher currency rates have hit events. The diary was packed with meetings, article for example, falls within the realms landscape will look like over the next hard. We also need to be CPD, social and networking events of all shapes of general PR – broadly describing our Once companies are convinced that their So give us a call (While we’re waiting, decade. keep an eye on Sterling’s and sizes, and it was hugely encouraging to see services, enthusing companies about product or service is indeed suitable for we’re just going to check that moon Hard information is needed. relative value as this will so many of them so well supported. My thanks the possibilities of exporting, whatever export, other research shows us that landing footage, just to be sure…) The problem for the business start, inevitably, to to the regional office for organising such an their product or service is and clarifying that one of the main barriers is that community is that I think we trickle into the impressive itinerary - with more to come in what we do and how we could support companies just don’t know where to Find out more at can also all appreciate why day-to-day economy in 2017 (see pg 14). them to grow. start. In a bizarre paradox, it’s almost as the Government feels it the form of higher Continued on page 4 though the size of the world is putting www.GREAT.gov.uk On the digital front, our new website, them off, rather than being seen as one Tel: 0345 052 4001 CONTACTS IoD East Midlands, Newton Arkwright Building, Nottingham Trent University, Burton St, Nottingham NG1 4BU

Regional Chairman: Garry Smith Branch Chairs An employee packs boxes Please note... t: 07747 696186 Leicestershire The Institute of Directors East of tea at the production Chair: Steve de Looze Midlands membership line at Taylors of Although every effort is made to Regional Director: Ron Lynch e: [email protected] magazine is published on Harrogate’s tea behalf of the IoD by: ensure the accuracy of material e: [email protected] t: 07595 414484 packaging facilities in contained within this magazine, t: 0115 848 6190 Chamber Media Services, neither the IoD nor Chamber Harrogate. A wave of Media Services can accept any m: 07939 584626 Lincolnshire 4 Hilton Road, Bramhall, affluent Chinese Chair: Gary Headland responsibility for omissions or consumers, who want Stockport, Cheshire SK7 3AG inaccuracies in its editorial or Head of Business Development: e: [email protected] the British afternoon tea advertising content. Sue Charlesworth t: 07787 484448 Advertising sales: experience, are boosting e: [email protected] Colin Regan t: 07871 444922 The views expressed in this British exports of t: 0115 848 6190 Northamptonshire e: [email protected] publication are not necessarily premium tea to China m: 07939 584962 Chair: Sarah Canning those of the IoD. The carriage of and Hong Kong - proof 01604 828282 Production enquiries: adverts in this publication does that with the right help, Rob Beswick, not constitute an endorsement of Regional Administrator: e: [email protected] the products or services UK firms can sell tea to t: 0161 426 7957 Monique Sylvester advertised. China! e: rob@chamber e: [email protected] Nottinghamshire/Derbyshire All articles within this publication Photo: Leonora Beck mediaservices.co.uk t: 0115 848 6190 Chair: Lynn Bleakley are copyright IoD East Midlands. 07909 684178 Editorial consent must be www.iod.com/ obtained before any are PR Officer: Janet Wootton e: [email protected] eastmidlands reproduced either in printed form [email protected] or electronically.

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IoD East Midlands January 2017 | 03 News Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

Continued from page 3 with IoD head office to co-ordinate views as part of an overall presentation to the IoD 99 reject gloom and look Nationally, the IoD bid farewell to our Exchequer. Director-General Simon Walker at the end of That the Government is listening to the December. Simon has certainly raised the IoD’s business community and accepting advice from profile during his tenure, and has used his the IoD is both necessary and laudable. In forward to a bright future extensive contacts to ensure our representatives many ways we have Simon to thank for this are now involved in top-level discussions. influence. by Ron Lynch, I think it is safe to say that it has never been As members will be aware our new Director Regional Director, IoD East Midlands IoD 99: What’s most important to your business? more important that the business voice is heard General, Stephen Martin, is something of a at the highest level in Whitehall, and that’s why local man, in that his business was based in As 2016 drew to a close the IoD released the 47% it is so encouraging that our Chief Economist Lincolnshire - though his roots are Northern results of its Annual Survey of IoD 99 members 53% 37% 36% and Director of Policy, James Sproule, is so Ireland. – those young entrepreneurs who will be the Skilled employees Digital Business taxation Personal close to senior policy makers and ensures the I look forward to working with Stephen as lifeblood of the economy in years to come. infrastructure taxation IoD has a voice on key matters. he starts his new job – though he probably The survey makes for interesting reading. The role the IoD plays in Westminster won’t need any advice from me on the business While last year’s survey zeroed in on problems cannot be underestimated: the Government outlook for our region! around accessing finance, the 2016 results are IoD 99: What do you want from Brexit negotiations? has requested several meetings with the IoD in dominated by the current political elephant in recent weeks to discuss what levers business Finally, as this reaches you at the start of everybody’s boardroom, Brexit. 68% Securing continued membership of the needed to be pulled in the short-term, 2017, I wish you all a Happy New Year. 2016 The results are mainly positive. An single market in services post-Brexit, to keep the wheels of commerce was a year of turbulence: let’s hope that we get a overwhelming majority of start-ups (85%) say moving. In addition, in the run up to the calmer, more reflective 2017, one in which oil that they would still establish their business in Chancellor’s Budget Statement at the end of is poured on sometimes troubled waters. the UK if offered the chance to start again 57% Securing continued membership of the single market in goods November, over a dozen East Midlands However, with that ‘B’ word dominating the anywhere in Europe. Moreover, the majority business leaders from across the sector met news agenda, somehow I doubt it! have not felt any negative impact from the vote in the months since June. Ensuring UK start-ups have 57% Ensuring grant Director General Stephen Martin 61% That being said, the Government has a big access to wide pool of skills from the EU funding remains available job on its hands convincing entrepreneurs that their businesses will thrive amid the uncertainty for UK research institutions of the next few years. Over half believe that the and universities Putting women first at third IoD Convention fallout from the referendum will have negative repercussions for their firms with financial gain in mind. One in five Thanks, too, must go to our very committed Date: Tuesday, 7th March over the next five years. Clearly, said that their primary reason for and hardworking committees for coming up Time: 12 Noon - 3pm much will depend on being able starting up is to make a positive with an excellent programme of events for this Venue: Highgate House, Northampton to continue trading, social impact, while the majority year; details of some of these are in this NN6 8NN unimpeded, into the EU. cite the desire to build a successful magazine. One I would specially like to draw Cost: Members £35 + VAT The survey wasn’t just about business and be their own boss as your attention to is on page 9 - our Director of Non-members £42 + VAT Brexit, though: the IoD 99ers the driving force behind their shift the Year awards. This is now open for Table of 8 £280 + VAT are clear that there are things into entrepreneurship. nominations; I would urge members to enter as Table of 10 £315 + VAT the Government can do now to You can read more about this at it is a good way to both benchmark your help boost growth. Having access https://www.iod.com/news-campaigns/ current success against that of others, to test The IoD is committed to increasing the to the best possible skills from across news/articles/IoD99-Annual-Survey-results your skills in front of our panel of experienced diversity of boards in the private, public and the world will be an essential ingredient for business leaders and, finally, to shine a third sectors; and to supporting those aspiring start-up success over the next few years, and As we move into 2017 I’d like to take this well-deserved spotlight on your success. to senior leadership positions. As part of this hard-line mood music from ministers on opportunity to thank our sponsors for their We are currently sourcing category sponsors drive we will be holding our third Women as curtailing migration is creating unease. fantastic support throughout the past year. for the awards. If you would like to sponsor one Pictured at the 2016 Convention are Leaders Convention in Northampton, at which Penny Coates; Helen Amery (Wild Fig 99ers are also clear that keeping the UK on Nelsons, Nottingham Trent University, the of our awards, please get in touch with me at the we’ll celebrate successful female business Solutions); Rachel Hargrave; Emma track with digital infrastructure improvements Department for International Trade, Rachel head office. leaders from across the East Midlands. Hallam (Alex’s Wish); Pam Merr; will be important in keeping them at the front Hargrave Consulting, , Finally thank you to all those members and As with the previous events, we will pull Joanna Garland of Garlands Leisure of the global technology race. Nottingham Business School, Chattertons and non members who have attended our events together a top panel of high-profile female Ltd and Kari Mellon of Grant Thornton Outside of the politics, the really positive East Midlands Airport have all been very and contributed to their success. I hope you business leaders from across the spectrum of trend among IoD 99ers is the lessening number supportive and we’re looking forward to had a very Happy Christmas and best wishes for public, private and third sectors, and will of individuals who start their business purely working with them this year. a very successful 2017 to you all. examine the challenges women face as they look Ideal for to take their places in the nation’s boardrooms. Our first confirmed speaker for the event is We will also look at the ways in which women Heather Melville, Director for Strategic can be helped to break through the glass ceiling Partnerships for RBS. and what steps employers must take so that Having heard her speak at a previous event at Two hours their workplaces are geared up to welcome the Houses of Parliament, we are delighted she employees of both genders. will be joining us. More speakers will be As a speaker pointed out at the 2016 event, announced in the coming weeks, so keep an eye “there remains a pressing need for mentors and on the IoD website. supporters of women who were aspiring to fill This event is sponsored by Rachal Hargrave senior roles...” – this event will go a long way to Consulting. fill this void.

04 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 05 Events reports Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

Introduce a fellow director to the ‘Curious’ leaders IoD - and claim your free gift! achieve most, IoD membership is different to other business a Director. support organisations in that the individual is There are also great rewards to be had for the member rather than the organisation. There introducing a friend or colleague to join the IoD says Tesco CEO is no typical IoD member, but includes directors – six bottles of wine, a kindle or a £50 voucher of businesses large and small, entrepreneurs and against IoD products and services. For corporate level networkers. more details about our Janet Wootton In 2017 we plan to continue our series of membership evenings, to IoD East Midlands PR Officer members evenings, aimed at highlighting the introduce a member or just to benefits of IoD membership so that you can arrange to talk about benefits make sure you get the most out of your of membership on a Curiosity, empathy and values are three of the membership, whether you’ve been a member for one-to-one basis contact most important qualities needed in a leader, years or just joined – make sure you know all the Sue Charlesworth, Head Tesco CEO Dave Lewis told delegates at a joint advantages that membership gives you. of Business Development Sue Charlesworth IoD and Nottingham Business School (NBS) The IoD is on your side in representing views East Midlands via event on leadership. to government and at your side by offering a [email protected] or He was joined at the event by James Sproule, range of products and services to support you as tel 07939 584962 IoD Chief Economist and Director of Policy IoD Chief Economist who spoke about topics such as banking, James Sproule (left) with borrowing and tax, and gave an optimistic view Tesco CEO Dave Lewis of the UK’s economic future. Vice-Chancellor Professor Edward Peck said how much Nottingham Trent University valued we’ve done collectively. stand up for what they think is right when Chair looking to Boost your its partnership with the IoD and the active “Watching people take a risk and achieving they’re tested. broaden reach of student membership scheme. Each year NTU more than they ever thought was possible is “When it comes to developing leaders, the workers’ CPD has sponsored hundreds of students to be part very inspiring.” best training is personalised to the individual, if Leics committee of the scheme. Mr Lewis, who has been CEO of Tesco for you can find out what makes a person tick and through the At the conversational-style event, Mr Lewis two years, was the first ever student from a then tailor the offering to them the results can be Stephen de Looze – who is an NBS alumnus – was interviewed by polytechnic to be accepted on the graduate remarkable. Giving someone an opportunity or IoD Leicestershire his former tutor and NBS principal lecturer, scheme at , where he went on to work support they wouldn’t have got themselves and Reserve Forces Dave Doughty, about his personal experiences for 27 years across various departments located watching them grow is just brilliant, the ability The Leicestershire branch of the IoD is in business, his inspirations, his desire for new in a range of countries. to grow people is infectious to me.” part of the East Midlands region and is challenges and his passion for developing Sharing his views on leadership and what For budding leaders, Mr Lewis had this very active in the local area through, for Come and see how businesses people. He said: “I get my inspiration through makes a good leader, he said: “I believe that advice, “Show yourself as someone who wants example, a series of meetings for members benefit from links to military new experiences, places and situations, good leaders are genuinely curious about to make an above average contribution.” and non-members and something which might be normal to others people, they have an empathy for culture and Ron Lynch, IoD East Midlands Regional our involvement with Would your business benefit from extra can be inspirational to me. It also comes from understand when they need to adapt. They Director, welcomed members and business the LEP. personal development training for your the people I’ve worked with and the things should also have values and the resilience to leaders to the event. There is a committee employees? If the answer’s yes, did you know of members drawn you could get that CPD from the Reserve from the local business Forces for free? community and I am By being a member of the Reserve Forces looking to add to this group to increase the your employees can access a wide range of Make the most of reach of the branch and to ensure that we training with a direct link to the workplace, continue to be in a position to reflect the including communications and IT, HGV and your membership business issues, both locally and nationally, LGV driving licences, first aid, engineering, for the benefit of our members. catering and personnel management. We meet quarterly in Leicester and I Employers in the East Midlands have told us development and potential benefits to local Whether you’ve been a member for two months or 20 years, are you would very much like to hear from any that Reservists are highly effective employees businesses. sure you understand all the benefits IoD membership gives you? members who would like to make a and add great value to the business. The visit will be from 9 am to 12.30 pm and Join us at one of our FREE Members’ Evenings, at which we’ll run contribution to the branch and help us to Much of this Reserve Forces personal will include ‘breakfast baps’ and refreshments. through a short presentation on full benefits of membership. You’ll develop both our activities and our development training routinely takes place also have an opportunity to meet the regional team alongside a tours message for the wider business during evenings and weekends, at the Army of the facilities that members can use. community. Reserve Centre on Wigman Road, Bilborough, Want to know more? We will be providing some wine and canapés so would appreciate Please feel free to call me for a chat at Nottingham with 162 Regiment Royal Logistic If you would like to attend, please your confirmation if you plan to attend – but there will be no cost. your convenience. Corps. contact Catherine Suckling; Assistant The next two events are: There is an opportunity to visit this unit on Employer Engagement Director Date: Wednesday, 1st February and Tuesday, 25th April • Stephen de Looze can be contacted Tuesday, 17 January 2017. Come and learn [email protected] or Time: 5.30pm - 7.30pm “A great way to network with like-minded on 07595 414484 more about the Reserve Forces, see the various 0115 924 8622. We’ll just need your Venue: Nottingham Conference Centre NG1 4BU individuals and ensure you’re fully roles carried out by Logistic Reserves and hear name, job title, company and email. about the opportunities for personal We look forward to seeing you there! utilising your IoD Membership.”

06 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 07 Events reports Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

CPD – practical Lifelong learning boost as IoD tips for taking policy chief tours Lincolnshire non-exec roles

The Greater Lincolnshire Branch was Janet Meenaghan (vice-chair of the IoD Delegates on an IoD East Midlands delighted to host a visit by Seamus Nevin Greater Lincolnshire Branch and principal workshop led by Janhavi Dadarkar during Lincolnshire Business Week. and CEO of New College Stamford), Seamus were given a thorough grounding The visit started with Seamus presenting to was given a guided tour of the Burghley in the skills needed to become a an audience of regional businesses on the Estate, including the spectacular Burghley non-executive director (NED). topic of lifelong learning, the subject of his House, and a briefing on the company’s Choosing to take your career IoD Policy Report in March 2016, alongside 40-year strategy by David Pennell, the estate down this path could be prompted speakers from the Federation of Small director for the Burghley House Preservation by a lifestyle change or a desire to Businesses and the Lincoln College Group. Trust. use skills and knowledge gained in Following a tour of Lincoln College, Seamus is pictured below with Gary an executive environment. This Seamus visited Newark College and delivered Headland, chair of the IoD Greater could be fuelled by an ambition to an inspirational talk to Level 3 Business and Lincolnshire Branch, having just received a do something worthy in the third Management students. Seamus skilfully briefing on Greater Lincolnshire sector or to support enterprising answered a wide range of questions including Apprenticeships Limited, a new company organisations. It could also be the a typically direct question from one of the established in the region to work with result of wanting to become students who asked him, “so how much do businesses to address the challenges and Is it your turn in involved in an organisation without you earn?” opportunities presented by the taking on an executive role. Seamus gave the student some excellent apprenticeships reforms currently underway. Whatever the rationale, it is advice about how to do company research to the spotight? essential to know how to access find out that sort of information. This was a such roles – and how to make great visit that inspired the students to learn yourself the most desirable more about business and the roles available to Want to know more? IoD East Midlands 2017 Director of the Year Awards - To read Seamus’s Lifelong Learning candidate in a marketplace where them. Many were so enthused that they Applications now open! multiple applicants may finished the event by starting the process to report from the IoD - see be attempting to become IoD Student Members. www.iod.com for more details secure a prime role. Following a lunch in Stamford, hosted by Janhavi explored the risks and Do you have what it takes to stand out from the The awards are a superb way to recognise our awards lunch, a link on the IoD website and responsibilities of the crowd – or do you know a director or business foremost business leaders, and allow others to promient logo placement in all printed material, NED role, with leader who does? understand the secrets of their success. including in this magazine both pre and recommendations on best Well now is the time to turn the spotlight on We are also currently looking for sponsors post-event, photographs on the day and more. practice for assessing contracts in as the 2017 East Midlands Director of the Year for each of the categories. an increasingly litigious Awards are once again open for entries and Benefits for sponsors include exclusive Want to know more? environment. Janhavi is an expert nominations. profile and recognition, optional membership For further information contact on company law, commercial The categories are: of judging panel, presenting the award at the Ron Lynch, IoD East Midlands Regional transactions, corporate n Director of the Year (Large) prestigious Director of the Year Lunch, bespoke Director, on 0115 848 6190 or governance and intellectual n Director of the Year (Mid-market) trophy with sponsor logo, two places at the via [email protected] property. n Director of the Year (SME) Delegates left able to: n Young Director of the Year n Identify what skills they had n Family Business Director of the Year and need to hone for NED roles n Director of the Year (Public Sector/ and how to distinguish themselves Third Sector) from others. n Non Executive Director of The Year n Assess with greater knowledge n International Director of the Year the risks and responsibilities. n Corporate Governance Award. Feedback from the seminar was excellent. Graham Harrison, The closing date for entries is 31st March Lincoln College Group, said it was “Very good, very informative and Winners are also entered into the national extremely useful” while another awards, which take place in London in autumn. described as “very useful, easy to This year we were delighted to see Marc understand, great timing of Wileman from Sublime Science Highly delivery and group interaction.” Commended in the Young Director category. This seminar was so successful that it will be held again in 2017. Please check the IoD events page Award winner Marc Wileman (centre) for more details soon. with Tom Christie-Miller and event host Mark Durden-Smith

08 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 09 Events reports Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

Strategic vision essential to cope with tomorrow’s challenges, says futurologist

Futurologist Dr Lynette Nusbacher spoke of the Main picture: IoD importance of strategic vision when she Lincolnshire chair addressed 160 business leaders and guests at the Gary Headland with IoD’s Annual Lincolnshire lunch at the Bentley keynote speaker Dr Hotel, Lincoln. Lynette Nusbacher. She told her audience: “Vision is important and within a time frame you can make strategy. Align business to brand; know where your Below, IoD Regional business is going and the changes and Director Ron Lynch adjustments you need to make to achieve and Gary Headland success.” flank Simon Oates Gary Headland, IoD Lincolnshire Chairman from Chattertons, and CEO of the Lincolnshire College Group, the event’s main welcomed guests to the event, which is a sponsor highlight of the local business calendar. He outlined the exciting developments for the Lincolnshire branch over the coming year. Gary said: “It was my great pleasure to host the annual lunch for the IoD in Greater our future events calendar, in which there Director General signs off with Brexit warning Lincolnshire. It was a terrific event, attended by will be Continuing Professional a wide range of local and regional businesses Development masterclass on that topic.” IoD Director General Simon Walker carried out members to Government ministers. which not only provided an excellent A raffle on the day raised some £1,400 one of his final speaking engagements for the He also highlighted the difficult times ahead opportunity for networking and hosting clients, for the International Bomber Command institute here in the East Midlands when he as the country negotiates the Brexit deal and but also to hear from Dr Lynette Nusbacher, Memorial. The charity’s representative, took part in an economic breakfast briefing said that while businesses would make the best one of Britain’s leading strategic thinkers. Tony Worth, gratefully received the event hosted by Duncan & Topliss. of whatever deal results, forward planning for “Business needs certainty “Delegates particularly enjoyed the focus on donation and spoke about the current

Simon, who stood down at the end of 2016, business needs some degree of certainty – ‘strategic thinking’ and this links in well with developments in Lincoln. joined a panel of economists and business something hwich is lacking in the public debate for forward planning - experts to speak at the Duncan & Toplis at the moment. “ Breakfast Briefing at Belton Woods Hotel in When the new Director General Steven and that is missing from Grantham. Martin takes up his post in January, we hope to the current public debate Events Nearly 200 people attended this half-day welcome him to the region within his first few seminar during which Simon shared his months in office, not least because Steven’s experience of representing the views of current business is in Lincolnshire. Director’s duties – the civil and criminal pitfalls

Date: Thursday, 2nd February Time: 8.30am – 10.15am EU issue muscles Venue: Nelsons Solicitors, in on Leicester Provincial House, 37 New Walk, Leicester LE1 6TU Professionals Cost: Free of charge

Christmas lunch Directors must comply with both fiduciary other directors to ensure regulatory compliance, duties, and the statutory duties imposed on like health and safety or waste management. them by the Companies Act 2006. A breach of This free-to-attend discussion forum led by Stephen de Looze, chairman of IoD Leicestershire, these duties can pierce the corporate veil and Rachel McCahill, a partner at Nelsons Solicitors presented a look back at highlights of 2016 and a expose directors to personal liability in respect who specialises in breaches of directors’ duties, look forward to 2017 events at the Leicester of those breaches on a civil basis both when the both in terms of pursing and defending Professionals Christmas lunch, held at its traditional is currently being addressed, was also highlighted. Members and guests at company is solvent, or when the company is directors, and Andrew Brammer, director of venue of Chutney Ivy in Leicester. Stephen encouraged delegates, members and the December lunch experiencing financial difficulties. Cartwright King Solicitors and a specialist For further information about the The key event of the year had been Brexit and he guests to consider the opportunities offered by Examples include a failure to promote the regulatory criminal defence solicitor, will event, please contact Zoe Sadler on talked about the IoD’s response to this seminal entering or nominating someone for the IoD East success of the company, conflicts of interest, highlight the dangers and pitfalls that directors 0115 989 5398 or visit their website event, as well as corporate governance and other Midlands Director of the Year competition. Sue wrongful trading, and fraudulent trading. need to be aware of, the consequences of www.nelsonslaw.co.uk/site/news/ topical issues. Charlesworth said the awards competition, which In addition, directors can be personally breaching their duties, and identify some of the seminars/eventdetail/event175_6371 The IoD’s growing influence in the city and role has seen a number of past Leicestershire winners, targeted for criminal investigation or trigger points when directors should seek to book your place. on the LEP, where Leicestershire’s economic strategy was now accepting nominations. prosecution for failures by the company or advice, and whom to seek that advice from.

10 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 11 Events reports Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

IoD East Midlands Events Diary Networking on the menu Date Event Title Branch Location Time for region’s professionals 18.01.17 Corporate £10 Challenge Launch East Midlands Nottingham Trent University 5.30pm – 7.30pm 18.01.17 Lincolnshire Expo Greater Lincolnshire The Epic Centre, Showground, Lincoln All Day IoD East Midlands is delighted to announce the latest dates in its popular 26.01.17 The Great Big Chinese Takeaway 2 Greater Lincolnshire Deans Sport and Leisure, Lincoln College 6pm-9pm Professionals Lunches, held in conjunction with Nelsons Solicitors. IoD Leicestershire 01.02.17 Members Evening East Midlands Nottingham Conference Centre 5.30pm – 7.30pm Date: Thursday, 9th March 07.02.17 Nottingham Professionals Lunch Notts/Derbys MemSaab, Nottingham 12.30pm - 2pm IoD Derbyshire Venue: Chutney Ivy Restaurant, Sponsored by Nelsons Leicester LE1 1TR Date: Tuesday, 28th March 09.02.17 CPD – Strategic Decision Making East Midlands Highgate House, Northampton 9am – 11am Time: 12.30pm-2pm Venue: To be confirmed Cost: Members £19 + VAT; 16.02.17 CPD – Risk Governance East Midlands Belmont Hotel, Leicester 9am – 11am Time: 12.30pm - 2pm Non-members £25 + VAT 07.03.17 Women as Leaders Convention East Midlands Highgate House, Northampton 12pm- 3pm Cost: Members £19 + VAT; Non-members, £25 + VAT (includes a drink courtesy Sponsored by Rachel Hargrave Consulting (including a drink, courtesy of Nelsons) of Nelsons) 09.03.17 Leicester Professionals Lunch Leicestershire Chutney Ivy, Leicester 12.30pm - 2pm The IoD East Midlands Professionals Lunch series has been a great success in Leicester and, more Sponsored by Nelsons recently, in Nottingham, with events held in outstanding local Indian restaurants – and now that Join us for one of our popular quarterly 28.03.17 Derby Professionals Lunch Notts/Derbys TBC 12.30pm – 2pm event series is being rolled out to Derbyshire. networking events at the award-winning Join us for more Indian cuisine at an outstanding local restaurant, to be confirmed. A reception Chutney Ivy Restaurant in Leicester. Sponsored by Nelsons drink is included in the price with thanks to our branch sponsor Nelsons Solicitors. This is always a convivial and 30.03.17 Step to the top with Cheaney Shoes Northamptonshire Cheaney Shoes, Northampton 9.45am – 11am interesting affair, drawing attendees 06.04.17 Business Leaders’ Lunch East Midlands Nottingham Conference Centre 12.30pm -2.30pm from professional firms across the East Sponsored by Nottingham Business School IoD Nottinghamshire Midlands. Date: Tuesday, 9th May 25.04.17 Members Evening East Midlands Nottingham Conference Centre 5.30pm – 7.30pm Network with fellow professionals in Venue: Memsaab, Nottingham a relaxed environment over a delicious 05.05.17 CPD – Top 5 Things Every Director Must Know East Midlands Lincoln College, Lincoln 9am – 11am Time: 12.30pm - 2pm Indian buffet. 09.05.17 Nottingham Professionals Lunch Notts/Derbys MemSaab, Nottingham 12.30pm - 2pm Cost: Members £19 + VAT; Sponsored by Nelsons Non-members, £25 + VAT 12.05.17 Young Directors Forum presents: YDF Convention East Midlands Radisson Blu Hotel 12pm – 3pm (including a drink, courtesy of Nelsons) LINCS EXPO 25.05.17 A taste of success with Somerby Vineyard Greater Lincolnshire Somerby, Barnetby 4pm – 7pm Join us at the award-winning Memsaab IoD East Midlands will be 08.06.17 Leicester Professionals Lunch Leicestershire Chutney Ivy, Leicester 12.30pm - 2pm Indian Restaurant in the heart of at the Lincolnshire Expo on Sponsored by Nelsons Nottingham for this ever-popular 18th January. Come and visit our 08.06.17 Lincolnshire Golf Day Greater Lincolnshire Gainsborough Golf Club From 12.40pm quarterly networking. It is already a firm stand at the Epic Centre, Sponsored byChattertons favourite with professional firms from Memsaab, Lincolnshire Showground. We are delighted that Chattertons Solicitors have agreed to sponsor the Lincolnshire Branch programme across the county. Nottingham Register at of events for 2017 and look forward to working closely with Simon Oates and the team. Network with fellow professionals in a www.lincsbusiness relaxed environment over a delicious expo.co.uk/ For more events throughout the year, check the IoD website for updates in your area Indian lunch. Chutney Ivy To book for any of the events call Lucy Hoyes on 0115 848 6190 or e-mail [email protected]. Alternatively, visit www.iod.com/emidlandsevents Don’t forget to follow us on twitter @IoD_EastMids

IoD Lincolnshire Cheaney Shoes - where quality counts Date: Thursday, 30th March Thonock Park ready Time: 9.45am - 11.00am cutting the leather to manufacturing Venue: Cheaney Shoes, the shoe itself. Kettering, NN14 2RR Having recently been awarded the to welcome IoD golfers Cost: Members £25 + VAT; 2016 Queens Award for Enterprise in Date: Thursday, 8th June Non-members £35 + VAT International Trade, there are plenty Time: 12 noon with tee-off times from 12:40pm of business lessons to be learnt from Venue: Gainsborough Golf Club, DN21 1PZ Northamptonshire is renowned as Cheaney shoes. Cost: To be confirmed the home of quality English Members can bring guests at the shoemaking, and therefore we are IoD member rate but places are The Lincolnshire branch Golf Day is one of our most delighted to explore the workings extremely limited so book early to enjoyable events. This year we will take on the challenge As individuals IoD members will play for the Sponsored by behind family business Cheaney shoes avoid disappointment. of the Thonock Park course, an attractive parkland Carl Ross Trophy, but there are prizes for nearest the pin Chattertons with joint Managing Director layout at 6,620 yards with a par of 72. and longest drive as well as a prize for the leading guest/ Jonathan Cheaney. You can enter as a team of four or as an individual or non-IoD member and the best team score from each four The event will begin with a short “Our family has been making fine shoes for five pair, and a team of four will be made up for you on the ball. introduction at 9.45am, followed by a day. The day will open at noon where tea, coffee and bacon tour of the factory that will explore generations and we are fully committed to producing the The format for the day is Stableford on full handicaps, rolls will be served, with tee-off times arranged on the the labour intensive process of quality finest footwear entirely made in England.” - Cheaney Shoes but with a maximum handicap of 18 for the team score. day starting from 12.40pm. English shoemaking, from initially

12 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 13 Events Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands YDF Convention offers fresh Protecting your business thinking for young entrepreneurs Andy Hammond, Partner and temporary or otherwise, of Michael? Chartered Financial Planner A suitable protection plan, or plans, can Date: Friday, 12th May provide cash and would mitigate any financial Time: 12 noon - 3pm at Nelsons Solicitors, takes a loss caused by Michael’s absence, and help Venue: Radisson Blu Hotel, look at keyman insurance towards the cost of recruitment and training. East Midlands Airport Key Person protection, through a life assurance, DE74 2TZ One of the common conversations I have with critical illness, income protection plan, or a Cost: Members £35 + VAT leaders of businesses is that concerning the combination of all three, can provide a cash Non-members £42 + VAT struggle they face when key individuals within injection to the business if a key person dies or Table of 8 £280 + VAT the business are either off on holiday or away suffers a serious illness. Table of 10 £315 + VAT through ill-health. The legal structure of the business will When the question is posed as to what influence the way in which the insurance policy impact would be felt if the key individual was is established, and there are different methods off long term or, even worst, dies, the answer is of calculating the potential cost to a business in Join us for an opportunity to learn and be region as well as a keynote speaker, who will be Ideal for often, ‘I’m not sure’ or ‘we’ll have to cope’. The the absence of the key person. inspired at our fourth Young Directors’ revealed soon. failure to recognise the true impact of a key The taxation of the premiums and the receipt Convention! It is also an excellent opportunity to network individual’s absence on the business and of benefits to the company is another popular Following the success of the previous YDF with like- minded young entrepreneurs from a personal lifestyle of those left to pick up the topic when discussing Key Person insurance. conventions, and particularly last year’s superb wider geographical area. As well a inspiring Two hours pieces can be catastrophic. This can be a complex area and one for event, the IoD is offering another chance to speakers and a panel Q & A the event includes A ‘key person’ is someone whose absence discussion with your professional adviser, as the become inspired by a fresh new panel of a two-course lunch and plenty of networking would have a serious impact on the future type of plan, the length of term and the benefit entrepreneurs from across the East Midlands opportunities. profits of the business and in every business purpose all have an impact on the taxation there will usually be at least one. There are position. Added to this, tax rules do change! It different ways of protecting against such an is important that the proposed tax treatment of event but one that I believe deserves looking at the payments should be settled, in writing, as in a little more detail is Key Person cover. early as possible with the business’ local A spot of magic over lunch Key Person cover is an insurance policy that Inspector of Taxes. Date: Thursday, 6th April “Love this man. is taken out and owned by a business on the life It costs little to explore the options available Time: 12.30pm - 2.00pm of the key individual. It provides the business to you to protect against such an event, Venue: Nottingham Conference Centre He’s pure magic!” with a lump sum in the event of the key person reason, he was no longer around. particularly when compared with the costs of NG1 4BU suffering a ‘critical illness’ or on the death of the In the absence of Michael, they realise that being caught off guard, so please take some time Justin Cook, Entrepreneur key person. The definition of critical illness can they are likely to have to pay recruitment and to consider the true impact of the loss of a key vary, and each insurer will have a very specific training costs, not to mention the disruption person on your business and your lifestyle too. Join us a for really magic event - the IoD East Since becoming professional in 2012 Scott list of conditions that fall under this description caused through the need to be involved in the Midlands Regional Business Lunch, where our has amassed a wealth of experience and but generally will cover conditions such as recruitment process. Who does his work while guest will be Scott Perry, one of the UK‘s most expertise with renowned corporate clients and cancer, heart attack, stroke and many others. any replacement is found, and will they be able Want to know more? exciting and innovative magicians. globally recognised brands, A-list celebrities It provides the business with sufficient funds to cope with the additional workload? By how For further information, please contact Andy It’s a perfect networking and entertainment and worked closely at exclusive events for that reflect the amount of revenue/profit that is much will profits be depressed, and for how Hammond, Partner and Chartered Financial opportunity mixed with an amazing speaker. private clients. As well as telling us his busienss lost as a direct result of the absence of the key long? What will the and other financial Planner at Nelsons Solicitors on 0800 0241 976, Scott Perry will be sharing his business journey story he will perform a few tricks for our person. In a small business that person is often backers to the business think about the loss, or email [email protected] which started with assistance from the Prince’s entertainment! the business owner but as the business grows Trust and which has led to appearances for Members can bring as many guests as they and new skills are brought in to grow the royalty and the Olympics. wish at the members’ rate. business the picture can change, as can be seen in the following example:

Case Study: Elaine and David

Revealing the hidden story of English wine Elaine and David are the founders of a small The growing importance of Michael Date: Thursday, 25th May and CMI are collaborating to present the vineyards and concluding with a marketing company. While they both fully “to their business has made them Time: 4pm - 7pm “a taste of success” with Somerby wine and cheese tasting session. understand the business of their company, “ Venue: Somerby Vineyard Barnetby, realise the prospects for their Vineyard in Lincolnshire to explore Delegates are recommended to Elaine and David’s background is in design. The DN38 6EX real heart of their business is about helping company would be seriously Cost: Members £25 + VAT an aspect of the home-grown wine arrive for 3.45pm, with the event other companies have the right marketing Non-members £35 + VAT industry. Established in 2006, scheduled to begin for 4pm. As this is harmed if, for any reason, he was solutions for their business. One of England’s hidden success Somerby Vineyards started with 150 a joint event with the CMI, it presents Both Elaine and David realise that as well as no longer around ... stories in recent years has been the vines and two grape varieties, Regent a number of networking each other, their sales director, Michael, is a key growth in its wine-making industry. and Phoenix, and now produces opportunities with a wider network contributor to their success. The growing Today there are over 500 vineyards in stunning wines. within greater Lincolnshire. importance of Michael to their business has England producing wine for a new The event will consist of a short Please note numbers are limited to made them realise the prospects for their generation of connoisseurs. The IoD presentation regarding the history of just 20 places on this event so book English wine, followed by a tour of early to avoid disappointment. company would be seriously harmed if, for any 14 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 15 Student members Keep up with the latest IoD news and events - see www.iod.com/eastmidlands

Young Entrepreneurs strees need for encouragement at Champions League Event

Some of the region’s youngest business leaders offered up their views on how the business world could do more to encourage young entrepreneurs during the Leicester Business Festival, during an event co-origanised by IoD East Midlands with Leicester Business Voice (LBV) and the Federation of Small Businesses (FSB). Among the panel was Ben Ravilious, from Ultimate Web, who stressed the importance of aspirations to scale companies and make them bigger. He said the creative fields are under represented in networking environments and mentoring is about giving back. Dan Miller of Young Professionals UK, winner of the ‘One to watch’ IoD Director of the Year Award and the youngest IoD member at 17, encouraged the Government to do more to help young people develop their career: “people shouldn’t need to be unemployed to get Government help”, he pointed out. He also urged schools to do more to present business as a viable career option. Ben Gardner from Navitas – a firm that is Above, some of the £10 revolutionising the food safety market using a Challenge teams. hybrid of hardware and software components – Right, top, the Winners of the had sound advice for start-ups – “go with your Students turn tenners into Best Press Coverage award; gut, don’t quit, be tenacious, don’t be afraid to middle, IoD mentor Justin diversify.” Donne with his group; and A lively debate followed with plenty of thousands for charity bottom, winners of the ‘Best audience participation. Among the key points to reflective’ piece emerge from the debate was an acceptance that entrepreneurial activity is often linked to risk, Janet Wootton, IoD PR Officer by mentors, come up with inventive and often students attended a Nottingham Means and an acceptance that failure is just the A team of students who turned a single £10 simple ideas to turn the cash into more money. Business Lunch and held a raffle before sending and co-operative and I thoroughly beginning from where you learn. The key note into more than £1,400 have won the IoD Overall, students raised more than £13,000 their Just Giving link out to family, which enjoyed the task and all that’s entailed. difference between entrepreneurs and employees Nottingham Trent University challenge to raise for the cancer research centre, based at the ended up being circulated globally. The simple “I look forward to using the IoD is that the former don’t need permission. funds for the John van Geest Cancer Research university’s Clifton Campus. steps turned the £10 into £1,453. student membership to enhance my The general agreement was that more Centre. The team which made the most money – Liam McKenna, a member of Team Titan, business network, as a result I aim to engagement with schools is needed and that The £10 Challenge, organised by the NTU Team Titan – was announced at a celebration said: “The £10 challenge was a real test of not attend many upcoming events.” entrepreneurs are inspirational to young people. Employability team and IoD, saw 200 students event. only entrepreneurial skills but conforming to Prizes were also awarded for the It would be helpful if educational establishments across the university form 49 teams, supported The group of BA Business Management strict deadlines. The team aspect made it fun teams which gained the most media employability skills and build their had one contact for business but in the meantime coverage. These included Team Ignite networks for future careers. We really the organisers from IoD, FSB and LBV pledged to – who held a Great British Bake value the support of local business continue to facilitate a dialogue between business Off-style event which gained publicity professional who took on the role of and education. Now it’s your turn: can you take on our £10 Challenge? in local press and radio and was shared team mentors as this has helped to via Twitter by Selasi Gbormittah – develop long lasting relationships and Calling all senior executives, business Apprentice style! All of the funds raised go towards the NTU alumnus and Great British Bake showcase our student talent.” leaders and directors - do you have the Not only does this challenge encourage John van Geest Cancer Research Centre Off semi-finalist. Lucy Hoyes, an NTU on placement skills to match the efforts of the Nottingham teamwork and entrepreneurship, but it based at Nottingham Trent University. It’s All groups had to produce an with the IoD as East Midlands events Trent students at the IoD’s £10 challenge? provides great networking opportunities an exciting challenge, for a worthwhile exhibition piece which was judged by administrator, spoke of the other After the success of the student members in and collaboration. cause. representatives of the IoD and prizes opportunities for IoD student members raising over £13,000 for the John van Geest The students loved it; over the years Want to get involved? for the best were also presented. to get involved in IoD events, and Cancer Research centre, we thought it was we’ve had teams doing everything from a To get involved in the IoD Corporate Georgina Phillips from the NTU outlined how NTU had been the pilot about time senior figures got involved. bake-off to raffles to a sponsored climb up £10 Challenge, or for any more Employability Team said: “This programme for the IoD’s Student Ben Gardner, Ben Ravilious, Dan Miller The rules are simple: working in teams of Snowdon, all to raise money! information, contact Lucy Hoyes at Lucy. challenge is a fantastic collaboration Membership programme. It had now and Steve Walker, IoD YDF Chairman five you start off with £10 and they try to We’re hoping organisations can top this [email protected] or visit between the university, IoD and John been copied by some 20 universities and director of Peritus Learning create as much money as you can, year’s total of £13,090, this January. www.iod.com/corporatechallenge. Van Geest, which provides students the across the country, with 3,000 students opportunity to develop key involved.

16 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 17 Events Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

Thinkubator Challenge puts students’ business acumen to test

Hundreds of staff and students from Tony Bates, chairman of School For Parents, Nottingham Business School (NBS) put their said: “Thinkubator seemed like the perfect heads together to solve 30 real-life business chance to see what different ideas the students challenges at this year’s Thinkubator Challenge. could come up with to raise the money.” Now in its fourth year, the event saw business The ones the team came up with may not undergraduates and postgraduates, research have dawned on the charity, including working Finance, said: “Listening to real business students, Alumni Fellows and academics split with the students on a voluntary basis, boosting challenges is beneficial to us because we learn into thinking hubs to come up with solutions to his social media platforms, partnering with about it in the classroom but now we have the real business challenges in just three hours. building firms and crowd funding. opportunity to do it in real life.” The businesses which took part came from a Nottingham business, Retail Assist, which MSc Finance student, Jiayue Yao, said: variety of sectors, including charity, fashion, provides IT services and solutions to retail “Thinkubator is a good chance for me to meet photography, health and insurance. companies, also submitted a challenge. different people who study other subjects. It During the challenge the groups Its chairman, Alan Morris, said: “We means we can sit together and share our ideas to were guided and supported by wanted to get a different perspective help the companies with things they may not academic experts and NBS on the challenge we’re facing. We have thought about before.” Alumni Fellows. Andrea work closely with retail Dean of Nottingham Business School, Lamb, an Alumni Fellow, businesses but the students are Professor Baback Yazdani, said: “Holding the said: “Our role was to our customers and being part Thinkubator Challenge means that our students assist academics and to of Thinkubator means that become more employable, our staff are better offer guidance and we get to hear first-hand informed of real business problems and then the support for the from them what they want.” classroom becomes far more interesting.” students. With our The company’s challenge Thinkubator is the only event of its kind in NEDs have key role in building knowledge acquired was to find out how retailers Europe and since its launch in 2013 has helped through working in can engage better with to solve more than 140 problems put forward by industry and commerce we customers, in order to sell them businesses. future of education in East Midlands can bring a little bit extra to the more. The students suggested a Deputy Dean of Nottingham Business School, group and bring our own experience to rewards programme for customers who Melanie Currie, added: “Thinkubator is one of help solve the challenge.” provide honest product reviews, in-store the ways in which the Business School leads the The education system in England is changing. The skills, starting with the classic strategy, finance and To signify the start of the day a gong was hit mapping, and a future fitting room which knows way in experiential and personalised business number of academies has grown from 200 in 2010 to scrutiny of a good board member together with “NEDs speak of by the president of Nottingham Trent University what items the customer has taken in and then learning. nearly 6,000 in 2016 and many are now joining together particular experience in finance, audit, risk, legal, Students’ Union, Timi Oluwasanmi (above) recommends other products. “It enables us to build long-lasting as multi-academy trusts. business growth/development, property, HR, the size of the While the students worked in their hubs, Student Tara Gill, who is studying BA (Hons) relationships with the companies who can Like any new organisation the trusts face challenges management and strategic operation. challenges, challenge submitters where invited to attend Business Management and Accounting and benefit from working with us.” and the IoD, championed by Lady Barbara Judge, has Academy Ambassadors seeks to match individuals business master classes in digital marketing, joined together with Academy Ambassadors and the based on skills, location and ethos in order that those opportunities and building resilience for SMEs and growth planning. DfE to encourage IoD members to step forward in volunteering their time as non-executive directors risks facing MATs Rachael Hobbs, director of Bridge & Stitch, a • In October 2017 support. (NEDs) will find a role that works for them. project management company for clothing 40 students will Academy Ambassadors is a non-profit organisation For business leaders, a NED role is a challenging but as being one of brands, came to Thinkubator for help in visit the Houses that recruits senior business leaders as non-executive rewarding opportunity to give something back to the the most expanding the design side of her business. of Parliament to directors and chairs to academy trust boards. Since 2014 wider community as well as develop professionally. Rachael said: “We have already worked with run a political it has helped academy trusts from across England Independent consultants Populus, commissioned by appealing aspects students to support us through our growth, version of appoint over 300 senior business leaders in non- Academy Ambassadors, found that NEDs speak of the which has been incredibly helpful because they Thinkubator, executive roles. size of the challenges, opportunities and risks facing of the role. ” come up with new ideas which we may not have solving problems IoD members are well positioned to support Multiple Academy Trusts (MATs) as being one of the thought of. Opportunities like this are useful to set for them by multi-academy trust CEOs and principals by using their most appealing aspects of the role. help us focus on what we need to do, and there three local MPs business acumen to offer advice and support as well as Driven by a desire to make a difference on a large have been some really good ideas so far.” on industrial independent challenge and scrutiny. scale, business leaders find they are able to drive change To solve Rachael’s problem the students came strategy, The East Midlands faces particular challenges as a and make a positive impact on their trust. Nine in 10 up with several ideas, including putting a Union transport, and region with some highly regarded schools alongside would recommend the role to a colleague. Jack on the website to make it clear that her social mobility. areas of low performance and low attainment. The products are made in Britain. They also advised The students will challenge is to build capacity among the best her to be more consistent with her website and present their schools to enable them support the weaker to utilise social media. solutions to a VIP schools as part of a ‘self-improving system’ Want to know more? School For Parents, a Sneinton-based charity audience in the where schools are consistently strong Those interested should contact which provides vital support for disabled Churchill Room schools and prepare students for the world academyambassadors@ children and their families, turned to of the House of newschoolsnetwork.org or visit of business, commerce and industry. Thinkubator for ideas to raise £300,000 to buy a Students brainstorm Commons. www.academyambassadors.org. The trusts are seeking a broad range of building. They currently rent space from a problem solving Support: IoD chair Lady Barbara Judge private school. 18 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 19 Events and CPD Keep up with the latest IoD news and events - see www.iod.com/eastmidlands Join the IoD East Midlands LinkedIn group – at https://uk.linkedin.com/groups/IoD-East-Midlands

Menopause and Director Development and CPD Arctic deal for the workplace: Strategic decision making Burnthebook Date: Thursday, 9th February Derby-based digital agency what business decision making capability. Time: 9am - 11am Burnthebook has secured a This event will explore the impact of Venue: Highgate House, Northampton major project to design and needs to know ‘assumptions’ that underpin debate about strategic NN6 8NN publish a series of important decisions, and how these are promoted by Cost: Members £50 + VAT scientific research reports for Why should businesses take menopause in the organisational culture and human behaviour as Non-members £100 + VAT the Arctic Monitoring and workplace seriously? It’s a big question that is only well as strategic deliberation. Assessment Programme going to get louder. We have an ageing population, Assess your organisation’s capability in making These CPD events are based around engaging

(AMAP), a working group of with more women in the workplace, often working strategic decisions and understand what your case studies and practical exercises. Tea, coffee and the Arctic Council.

until they’re 68. organisation needs to do to strengthen its strategic breakfast rolls will be provided during the session. AMAP co-ordiantes work to And recent studies tell us that of the 3.5m “ monitor and assess pollution women of menopausal age, one in four, had levels and the effect of climate considered leaving work because of their change in the Arctic region. menopausal experiences. A clear and practical IoD event, Burnthebook has published a Picture from last year’s event So what can you do to introduce the right “ number of AMAP reports in policies and practices into your workplace and perfect for any director recent years, and has now provide the right support for menopausal women, secured the work to produce and leaders? 12 new reports commissioned The Big Chinese IoD member Deborah Garlick of Henpicked is by AMAP, covering a range of running a special event in Nottingham on 28th Top 5 things every director must know high priority topics including February which will provide all the information Adaption Actions for Changing you’ll need to help to explain what others are doing Date: Friday, 5th May Takeaway 2 Arctic (AACA), and Snow, and how to take the right steps for your business. Time: 9am-11am Water, Ice and Permafrost in We’ll be joined by Dr Louise Newson, an Venue: Lincoln College, the Arctic (SWIPA). Date: Thursday, 26th January menopause expert who regularly features on TV, Lincoln, LN2 5HQ A spokesperson from AMAP Venue: Deans Sport and Leisure businesses operating in and trading with radio and in newspapers, Chief Constable Sue Fish Cost: Members £50 + VAT said: “AMAP has come to Lincoln College, Monks Road China from Nottinghamshire Constabulary, and Non-members £100 + VAT regard Burnthebook as a Lincoln LN2 5HQ • Provide guidance on preparing to do employment law and communication experts. reliable and professional (Please note car parking on site is business with China partner supporting both its limited; car parking is available in Provide delegates with an update on trade Understand the link between a Want to know more? web-based and printed adjacent streets and public car missions, initiatives and agreements director’s duty towards the company and For more details and to attend the event, publication work. The team at parks nearby) between the Midlands Engine and China as their potential personal liability as contact Deborah Garlick from Henpicked on Burnthebook are highly Time: 6pm registration; event starts wells between Lincolnshire and Hunan directors. 07949 488406 or [email protected] professional and competent 6.30pm with presentations Province This interactive workshop will enable and always flexible when it followed by and authentic We also hope the event helps to further you to distinguish the role of a director comes to working to very tight Chinese buffet; 9pm close ties and collaboration between individuals, from the roles of other actors involved in deadlines, with multiple editors The Big Chinese Takeaway 2 marks the businesses and organisation with common Work with Government the management and oversight of a business, and These CPD events are based around engaging in often far-flung locations.” Chinese New Year and is a celebration of the objective of furthering business with China. explore the link between a director’s duty towards case studies and practical exercises. Tea, coffee and to get message across Jackie Clarke, director at region’s business, education and cultural Our speakers and presenters will include the company and their potential personal liability. breakfast rolls will be provided during the session. Burnthebook, says: “We are links with China. This event is ideal for representatives from Lincoln College Group, GCS Local is a regionally based campaigns team absolutely delighted to have those who have established or are looking to the Department for International Trade, the ghat works alongside Government departments to secured this new contract with establish links with China China-Britain Business Council and ensure priority campaigns are relevant and AMAP, allowing us to continue Our focus, building on the success of Lincolnshire County Council compelling to audiences locally. It is part of the Introducing sound Risk Governance to grow the publishing element and interest in last year’s event, will The evening will conclude Number 10 and Cabinet Office comms team. 2017 is the of business. The scientific be around the opportunities for with an authentic Chinese Working with local partners is one of the most Year of the Rooster Date: Thursday, 16th February research sector is very niche, businesses in terms of trade and – they are deemed to buffet. effective ways for the organisation to ensure and external or emerging risks. Time: 9am - 11am but is a particular specialism of investment to and from China in be very observant, The event is supported by national campaigns cut-through to local audiences, These CPD events are based around engaging Venue: Belmont Hotel, Leicester, LE1 7JA ours mainly due the ability of light of its 13th 5 year plan. hardworking, the Department for and it is always keen to work closely together with case studies and practical exercises. Cost: Members £50 + VAT our publishing team who are Taking a wider view this year we resourceful International Trade, Chinese- businesses across the Midlands. Its work includes Tea, coffee and breakfast rolls will be provided Non-mems £100 + VAT used to working with editors in looking at the context and role of Britain Business Council, working on campaigns such as Exporting is during the session. remote locations. The team’s the Midlands Engine as part of the Business Lincolnshire, NatWest GREAT, SME procurement and Apprenticeships. This interactive workshop provides a board-level exceptional attention to detail driver for growth for not only Lincolnshire The team is also responsible for creating regional introduction to risk governance, looking at the and their ability to take businesses in the China, but also those areas networks of GCS members and communicators importance of understanding risk, exploring how technical data and make it from the wider economic area. across government, ALBs, Local Authorities and your business can prepare for uncertainty, and digestible, is what makes us Our presentations aim to: other public services, to help improve professional examining the director’s role in managing risk. great to work with.” • Provide an insight in China’s 13th To book your free place online at development. Working through a scenario-based case study, For further information about five-year plan and the opportunities it www.streetsweb.co.uk/events It is looking to work alongside local businesses you will have the chance to engage with the topic Burnthebook, please call presents to businesses Alternatively please contact through which it can reach the regional audience in a very practical way and analyse the situation 01332 291 200 or visit • Highlight the challenges and how to Laura Butler with important information. using a sample risk assessment that prompts www.burnthebook.co.uk overcome them of trading with China E: [email protected] For more information, contact william.charlton@ thought about different types of risk including • Showcase and share experiences from T. 01522 551200 cabinetoffice.gov.uk governance, operational, financial, sector-specific,

20 | IoD East Midlands January 2017 IoD East Midlands January 2017 | 21 News Keep up with the latest IoD news and events - see www.iod.com/eastmidlands

Make a splash of your own at the 2017 Corporate Games

Nottingham is playing host to the UK around 10 participants and they all love their Games Corporate Games in 2017, July 6th-9th. experience just as much as the big blue-chip firms.” Want to get Andrew May, general manager at Nottingham involved? The Corporate Games has a rich history around the Conferences said “We are thrilled that, together with For more information world and it has been staged successfully in a host of our bid partners Principal Group, De Vere and about the UK Corporate other powerful UK cities in the past, including Experience Nottinghamshire, we have secured the Games 2017 go to Liverpool, Newcastle and Manchester. Corporate Games for 2017 for the City of Nottingham. www.corporate- Nottingham was successful in winning the rights “This is a great opportunity to bring the city games.com, call and the appetite has been really strong from local together and for us to showcase our £40m David Ross 01733 380 888 or companies to be involved, but Corporate Games Sports Village, the latest addition to an already stellar contact Director Ben Sedgemore is keen to stress that the sporting facilities available here at the university.” uk@corporate- games is not just for corporate entities. In addition to the university facilities, other venues games.com. “We will have hundreds of organisations involved to host events include Colwick Park for Dragonboat and thousands of participants from all types and size Racing and Open Water swimming, local golf courses, of organisation will be participating from across the a karting track and a tenpin bowling alley. UK. have been the biggest team for a few However, there are a host of celebrations and special years in the UK with over 300 entrants but events for everyone to enjoy as well as the 23 selected organisations entering one person or a handful are sports. There will be a Grand Parade of Participants, a equally welcome. Great Games Party and a Closing Awards Celebration “The Games is designed to create benefits and too for everyone to enjoy. opportunities for organisations of all different sizes and kinds regardless of the sector, the age of the participant or the level of physical fitness. We have sports and celebrations for everyone to be involved in on the packed weekend programme. “The response has been really strong in Nottinghamshire too, which is terrific news. We are delighted to welcome large local organisations like Freeths and Capital One who will be entering between 100 and 200 competitors, but we also want smaller organisations to realise that the Games is for them too. Smith Cooper and BASF are planning to enter 30 participants each and we are delighted that they are on board. Smaller organisations like PSP Insurance bring four or five people every year and RDC always enter

22 | IoD East Midlands January 2017