Hampshire Summer-Autumn 2013 & the Isle of Wight 2 Inspirational Leadership in Basingstoke www.iod.com/hampshire 4 Director of the Year Award Winners 7 Could you inspire the next generation Traditional manufacturing industry in the heart of Hampshire Hidden in the heart of Hampshire is a true centre of excellence in the manufacture of specialist cricket equipment. high finish using Hampshire Chalk Chase Cricket, formed in 1997, manufacture hand made cricket bats of the highest quality at their facility at Dummer Down near Basingstoke. application of the UK made latex All bats are made using the finest salix alba careula willow which is sourced locally to pay close attention to the weight and grain structure of the clefts from which the blade is produced. “knocking in machine” that covers Each bat is treated individually and made using traditional craft methods. The blade of the bat is compressed to between 1500 to 2000 lbs per square inch in order for the bat to withstand the impact of a cricket ball. After pressing the splice is cut into the shoulder of the bat to accept the handle which is made using high quality Malaysian cane. As well as the offering of various The shape of the bat is then made by hand using drawknives, spokeshaves and wooden block planes. This creates the distinctive “Finback” design. The handle is shaped using a rasp to create an oval handle. After sanding on an inflatable sanding drum the bat is sanded by hand using three stages of sandpapaer to give a high finish. The edges are boned to protect from damage and a toe insert fitted to stop splitting. The handle is then bound using adhesive and high quality twine. The blade is then polished to a and Beeswax. After labelling and grip the bat is “knocked in” using a the whole surface of the blade prior to use. bat models to suit the pocket of all players, Chase Director Daniel Swaine also offers a bespoke manufacturing service to meet the needs of the serious cricketer. Here the customer is involved in the whole process to determine the pick up, weight, handle size and overall shape. This is finished with the owner’s initials and the date of birth of the bat stamped on the shoulder of the blade. Daniel is proud to be manufacturing bats in the UK in what is a highly competitive environment. The success of the company demonstrates that UK manufacturing is still alive and well in the countryside of Hampshire. www.chasecricket.co.uk Time for change: IoD Hampshire and Berkshire Womens’ Network The IoD Berkshire and Hampshire Womens’ Network is part of a wider initiative to bring together senior professionals in a way that encourages more female participation, and a more even gender mix at senior organisational levels. The Womens’ Network is for directors who want to engage on business topics with information and networking. We currently meet every 6 weeks, 09.00-10.30 in the Winchester area. Our members drive the agenda, so the objectives of this group continue to evolve. Rather than pure networking, the group is about directing activities for our personal and professional development, for the local IoD branch, and for the local business community. We also communicate via a LinkedIn Group. One of the members who came along to the last meet-up for the first time commented: ‘the meeting this morning was useful and stimulating, with distinctively more business focus to it than a lot of networking meetings I have attended’. Meetings are also fun! We are exploring a number of business topics and initiatives to drive us forward for the benefit of the group and the local IoD. Why not find out more by joining the LinkedIn Group (IoD Berkshire and Hampshire Womens’ network), or, even better, coming along to the next meeting? Nicola Proudlock, Committee Member, IoD Hampshire nicola@newleaflaw.co.uk Make the most of the opportunities presented by IoD Hampshire & the Isle of Wight - join us at our next event, or at a neighbouring branch event? Visit www.iod.com/hampshire/events Meet our Sponsors Have you thought about how you could benefit from sponsorship opportunities with your local IoD branch? These include sponsoring an event, hosting an event at your premises or giving our members the opportunity to tour your premises and learn about your business firsthand. Information on 2 of our current sponsors follows. The University of Southampton Science Park sponsors our Third Thursday Networking meetings, held at their premises in Chilworth. The University of Southampton Science Park is the natural home in the Solent region for technology-based early-stage businesses and the commercialisation of scientific research and development. The Park accommodates over 75 tenant companies, from one-person start-ups to multi-national businesses, on an attractively landscaped 45-acre site in Chilworth. One of the key elements of the success of companies based at the Park is the business support available through initiatives such as SETsquared, the Science Park Network events programme, and the Catalyst Centre, which provides intensive coaching to entrepreneurial technology businesses with high growth potential. The links that the Park has with the University of Southampton can help businesses based there to improve their competitiveness and productivity through the use of the knowledge, technology and skills that reside within the academic institution. The vibrant entrepreneurial community that exists at the Science Park makes it an ideal location to host the IoD monthly “Third Thursday Networking” event. Operations Director at the Science Park, Robin Chave, commented “The IoD breakfasts are always very stimulating and engaging events. The chance to meet informally with members of the local business community over coffee and a bacon roll provides a great start to the day. Real business opportunities and connections have emerged from conversations I’ve had at this event.” Clarke Willmott LLP sponsor our People Forums, held monthly at their offices in Botley Clarke Willmott LLP is a national law firm with 400 lawyers and support staff working from offices in Southampton, London, Birmingham, Bristol, Taunton and Manchester. The firm was established in 1898 and are proud of their strong heritage. They have an extensive client base which they advise on corporate law, governance and regulatory, commercial law, intellectual property, banking and finance, restructuring and insolvency, employment and HR, real estate law, personal injury and private client (covering trusts and wills, tax and estate planning, elderly care, family law and conveyancing). They also have one of the largest litigation practices in the country, with a resource of 120 lawyers advising on discreet areas including commercial litigation, professional negligence, financial litigation, property and construction litigation, and debt recovery. You may have met Kelvin Balmont, partner, at one of our events. Kelvin joined Clarke Willmott from Shoosmiths. His corporate experience includes acquisitions and disposals, MBOs and MBIs, joint ventures, reorganisations and investments. Kelvin has advised banks involved in corporate transactions and has drafted and advised on loan and charging documentation. He also advised on and assisted in resolving shareholder and partnership disputes and has drafted and negotiated a wide range of commercial agreements. Interested in finding out how you could get involved? Email admin.hants@iod.net for more information. Inspirational Leadership seminar to be held in Basingstoke People are led not by plans and analysis, but by leaders, and in this challenging business environment we need even greater levels leadership to encourage engagement and commitment from our teams. As Directors and business owners it is our role to provide that leadership; join us for this evening seminar, 17 September 18:00-21:00 and hear from leaders who inspire their teams daily to go further, to create opportunities and to succeed. Guests can expect to be inspired and challenged by our speakers, and will be invited to debate issues raised in a facilitated Q&A session in the final part of the evening. Our speakers currently include: Liz Jackson launched her telemarketing business in the year she lost her eyesight. She has remarkable leadership and determination, and her inspirational story demonstrates what can be achieved with the right motivation. 2 Mark Wakfield has worked as consultant and coach with senior executives in companies as diverse as the National Portrait Gallery, the BBC, Swisscom, Vitec, and Deutsche Morgan Grenfell. He will be speaking on the topic of leadership, what this means in today’s business environment and also what leadership is not. We have a LinkedIn group - ‘Hampshire and Isle of Wight Business Leaders’ - and invite you to join us. Policy Corner The big economic secret Graeme Leach – IoD Director of Policy The 5 significant headwinds are: Over the past 2-3 months there has been a consistent run of economic data pointing towards improved GDP growth this year. This has all come as something of a surprise to many economic commentators who have been flailing around trying to come up with an explanation. They shouldn’t have been caught by surprise. After forecasting an L shaped recovery for most of the past 3 years, in late 2012 I began to upgrade my GDP forecast for 2013. Why? Because one key economic aggregate had (1) Debt and de-leveraging. The need for continued balance sheet reduction in the private sector and deficit reduction in the public sector. (2) Bank weakness. Normally commercial banks finance economic recovery. In this cycle their contribution is weaker, hence the need for central bank intervention with quantitative easing. (3) The squeeze on household budgets from inflation running ahead of earnings. The weaker contribution from the household sector is compounded by the fact that the savings ratio is quite low for the start of a recovery cycle, with less of an impetus to consumption from a savings rundown. (4) The on-going threat from the eurocrisis. If it were to intensify over the 2013-14 period (a very real possibility). begun to accelerate. The measure is M4X, the Bank of England’s adjusted measure for the overall amount of money sloshing around in the economy. M4X began to accelerate in late 2012 and over the early months of 2013 picked up to around 5% (year-on-year) growth. This doesn’t mean we’re looking at a (5) The recovery will be self-correcting, carrying within it the seeds of its own destruction: the eventual ending of quantitative easing and the normalisation of interest rate policy. classical V-shaped economic bounce back, but it does mean that the short term outlook over the next 6-9 months looks a lot less L-shaped than in the recent past. In other words 1.5 to 2% GDP growth in 2013 and early 2014. The past relationship between M4X and GDP growth suggests that broad money is a good leading indicator over a 6 month horizon. So just as the weather warmed up in July, the temperature gauge on the economy has risen as well. But we shouldn’t get too carried away. M4X provides a real tailwind to growth but there are 5 pretty big headwinds still flowing Half page ad_Layout 1 09/07/2013 09:35 Page 1 against a stronger recovery. Annual Convention 2013 Sponsors Be part of the UK’s premier business conference as it makes its return to the iconic Royal Albert Hall. Jack Welch – Business magnate Sir Richard Branson – Founder, Virgin Group Boris Johnson – Mayor of London Joanna Shields – CEO, Tech City Julie Meyer – Chief Executive, Ariadne Capital Nikki Hesford – MD, Made in Preston Matt Brittin VP, Google in northern and central Europe. George Osborne – Chancellor of the Exchequer David Hathiramani – Co-Founder, A Suit That Fits Chuka Umunna – MP, Shadow Secretary of State for Business, Innovation & Skills Wednesday 18 September • 10am – 4.30pm • Royal Albert Hall • www.iod.com/annualconvention 3 The IoD London and the South East Director of the Year Awards winners Businessmen from across the region have emerged victorious from the London and South East Director of the Year awards. The awards, which reward directors of companies of all sizes and from a range of sectors, were presented at a gala night at the Landmark Hotel, Marylebone, in April. Rodger Broad, Director for the IoD in the South East, said: “The IoD London and the South Director of the Year awards serve to remind people just how talented and driven our region’s business leaders are. “The South East is the powerhouse of the UK economy and the efforts of directors such as our winners, along with many, many others around the region, will help drive the UK’s economic recovery. John Minards, South East Regional Leader of PricewaterhouseCoopers LLP, title sponsors and sponsors of the Large Company category, said: “These awards recognise the key individuals of large South East companies that demonstrate excellence.” Ian Tandy, Regional Commercial Director of HSBC, sponsors of the Global category, added: “It was inspiring to hear the stories of the companies entered in the Global Company Award, the entries were of an amazingly high standard. “It was a great opportunity to celebrate business and entrepreneurial talent and there is no doubt that picking a winner was extremely challenging.” All the winners now go forward to the UK IoD Director of the Year awards. 4 And the winners were: • Director of the Year, Large Company: Rami Ranger, Sun Mark Ltd, Greenford. • Director of the Year, Small and Medium Company: Paul Lindley, Ella’s Kitchen, Henley-on-Thames • Global Director of the Year: Peter Digby, Xtrac, Thatcham • Young Director of the Year: Tom Lavery, Asperity Employee Benefits, Westbourne Grove • Director of the Year, Family Business: Stephen Blatchford, Chas A Blatchford & Sons, Basingstoke • Director of the Year, Public/Third Sector: Brett Wigdortz, Teach First, London • Chairman’s Award for Leadership in Corporate Responsibility: Chris Lima, Simon Hegele Logistics, Abingdon Young Director of the Year: Tom Lavery, Asperity Employee Benefits, Westbourne Grove Tom started building his sales management career in the health and fitness industry 10 years ago, working for organisations including Cannons, Holmes Place, Virgin Active and David Lloyd. In 2008, Tom joined Asperity as Head of Business Development and became a crucial force in growing Asperity’s sales operations, assisting in Asperity’s achievement of a £25m buy-out by Inflexion Private Equity in 2010. Helping the company to win big name clients such as McDonald’s, MITIE and First Group and managing an ever-growing sales team, Tom moved to become Group Business Development Director and a member of Asperity’s board in 2010. Chairman’s Award for Leadership in Corporate Responsibility: Chris Lima Simon Hegele Logistics, Abingdon Christopher Lima is the MD of Simon Hegele Logistics and Service Ltd, based in Milton Park Abingdon. They provide Logistic support to the manufacture of Siemens MRI scanners, deliver and install MRI, CT and X-ray scanners into hospitals, and train hospital staff on using MRI. Director of the Year, Public/Third Sector: Brett Wigdortz, Teach First, London Brett Wigdortz has led Teach First as its CEO since its launch in July 2002. Teach First is currently the 4th most prestigious graduate recruiter in the United Kingdom and is working to close the achievement gap in England and Wales between children from low-income backgrounds and their wealthier peers. Brett wrote the original business plan for the charity while working as a management consultant at McKinsey & Company and then took what was originally planned as a six-month leave of absence in February 2002 to develop and build support for the idea. Previously he has worked as a consultant, a journalist and researcher. Director of the Year, Family Business: Stephen Blatchford Chas A Blatchford & Sons, Basingstoke Stephen Blatchford is CEO of Chas A Blatchford and Sons Ltd., a fourth generation family business founded in 1890 by Stephen’s great grandfather. The company has two sides to its business - firstly a products business which manufactures lower limb prosthetic components of which over 75% is exported and secondly a clinical services business providing prosthetic, orthotic and rehabilitation services to the NHS and MoD at Headley Court. Global Director of the Year: Peter Digby Xtrac, Thatcham Peter Digby left grammar school early and took up an engineering apprenticeship in the aircraft industry. At the end of his apprenticeship he joined the Williams F1 team and has worked alongside luminaries from the sport such as Adrian Newey and Ross Brawn. This year he celebrated 25 years of working at Xtrac Ltd. Director of the Year, Small and Medium Company: Paul Lindley Ella’s Kitchen, Henley-on-Thames Paul Lindley is founder of the premier baby food brand in the UK, Ella’s Kitchen. Since 2006, revenues have doubled every year to £55 million today. The brand now controls 18% of the UK baby food market. Paul has been awarded Entrepreneur of the Year Award at the National Business Awards and the City AM Awards. He is one of the Department for Business’s ‘Business in You’ entrepreneurs, an Ambassador to the Family and Parenting Institute and Chairman of the Consumer Forum. Director of the Year, Large Company: Rami Ranger Sun Mark Ltd, Greenford Sun Mark Ltd markets FMCG products in 110 countries. The company has won the Queens Award for Enterprise for five consecutive years. The Chairman believes in giving back to society. As a Fellow of the Princes Trust he mentors the underprivileged youth so that they too can realise their ambitions and become assets for their family and country. Her Majesty the Queen conferred him with the MBE in 2005 for community service. This award demonstrate that the company is worthy of recognition. We would like to take the opportunity to thank the sponsors of the 2012 London and the South East Director of the Year Awards: Headline Sponsor Award Partners 5 Student Membership In September 2012, the Institute of Directors opened up its membership for the first time in over 100 years to the young directors of the future, creating a new membership category; IoD Student Membership. IoD student membership provides higher education students, the future business leaders of this country, a range of benefits to support them in their studies and future career, giving them a competitive advantage when applying for jobs or setting up their own business. It provides access to bespoke products, and networking at exclusive local and national events with todays business leaders. Still within a year of inception, IoD student membership has achieved UKwide success, with support for the initiative being seen across a number of Universities within the UK and Ireland. to foster close links between our students and established members and are therefore keen for those IoD members who are considering or are able to provide internship or work experience opportunities to get in contact with us. This is a key function by which we can develop the cohesion between members and students, with both parties gaining significant benefits from the interaction, and as such we have supported the initiative with an online internship and placement notice board (see www.iod.com/student). Current initiatives to support Student membership include: • IoD Student of the Year Award • Discounted Student ticket option for the IoD Annual Convention • Online Guru Panel - Business mentors at a click of a mouse • Internship and workplace online noticeboard • Linked-in Student members site The Universities of Kent and Brighton are presently flying the flag for the South of England, and we are hopeful of expanding IoD student membership to several other Universities across the region. Both students and universities have been extremely receptive to the project, seeing first-hand the substantial value added to the students’ skill sets and their ability to stand out in a crowded, competitive job market. IoD student members benefit from many of the advantages attached to full IoD membership, including access to the Young Directors Forum, key business events, student-only events and crucially direct contact with seasoned business leaders. The IoD is unique in that we have over 36,000 members working across diverse business fields providing an untapped wealth of experience from which our student members can benefit. As we grow the membership we are keen Experience Dinner at The House of Lords, with Lord Green China – The evolving market This event should appeal to any company with interest in China or who are looking to do business in China or with the Chinese, as the speakers will update us on the trends and changes which are happening with remarkable speed in this giant marketplace. The evening will start with networking over a 3 course Chinese meal followed by short talks from our four speakers: Chris Lowsley , the China specialist for UK Trade & Investment in the South East region will outline how UKTI and CBBC can help companies seeking to establish business there and update us on the opportunities and challenges of this high growth. A visit to the Houses of Parliament has always been a hugely popular event for IoD members and their guests. The evening will start with a guided tour of the House during which your guide will deliver the history of Parliament and will answer any questions. Dinner will commence with an aperitif, followed by a sumptuous 3-course dinner with wine, rounded off with coffee and chocolate truffles. Dr Wei Yang will explain how she is winning service business in China by contributing to the effective city planning expertise which China needs in order to meet the tremendous demand for urban development across hundreds of expanding Chinese cities. This is a private function hosted by Lord Green, Minister of State for Trade and Investment, Foreign and Commonwealth Office (jointly with the Department for Business, Innovation and Skills). Tim Watkins, VP Western Europe for Huawei, will give some advice and tips on working with a Chinese company and the differences in culture. The House of Lords is a very special place and this is a unique experience. You might consider inviting as your guest a special customer, a member of your staff, your spouse or your partner. Time: 18:30 – 21:30 Date: Wednesday, October 23 Venue:KEI’s Peking Restaurant, Maiden Place Centre, RG6 3HD Price:£22 Members and Guests Date: Monday, September 9 Time: 18:30 – 22:00 Venue:House of Lords, London Price:£70.00 Members and Guest 6 Andrew Sutton, Senior Manager RMB Internationalisation, HSBC Bank Plc. Hear how using China’s own currency Renminbi for an increasing range of transactions is creating new opportunities for British businesses to do CrossBorder trade and investments more efficiently. Young Enterprise & IoD Could you help inspire the next generation? Young Enterprise is the United Kingdom’s largest business and enterprise education charity. Every year we help 225,000 young people learn about business and the world of work in the classroom under the guidance of a network of 5,000 volunteers What we believe in: Young Enterprise’s mission statement is “to inspire and equip young people to learn and succeed through enterprise.” Its guiding principle is to do this through “learning by doing” What we offer: We offer something for every year of education from the age of 4 to 25. Our flagship Company programme gives students aged 15-19 the opportunity to set up and run their own real business for a full academic year What we’ve achieved: Since we were established, 3.8 million young people have taken part in Young Enterprise programmes in the UK. One million of these have run businesses on our Company Programme. Latest independent research from Kingston University Business School in 2012 found that alumni of our Company and Start-up programmes were almost twice as likely to set up businesses later in life. What motivates us: Young Enterprise argues that an excessively narrow focus on academic skills and exams risks side-lining other approaches to learning and can fail to give young people the employability skills they need – such as teamwork, practical thinking, punctuality and business-like behaviour – to succeed in the world of work. How can you get involved? Our volunteers have experience which cuts across every sector of the economy and a desire to pass on their skills and experience of business to inspire the next generation. Whether you’d like to mentor a student company on a regular basis, assist in the delivery of one day programmes or join a Local Area Board organising events and activities we have a volunteer role perfect for you. Anyone interested in finding out more can contact the Young Enterprise Manager for Hampshire - Tina Braithwaite - at tina.braithwaite@y-e.org.uk More information is available at www.young-enterprise.org.uk Solent LEP Update: Solent LEP recently announced the appointment of 6 new board members to fill vacant seats on the board. The new Board Members will join nine existing Board Members and take a key role in shaping local economic priorities and securing funding from central Government and Europe in order to deliver the LEPs ambition of creating 10,000 new jobs in the Solent. In June they also announced the launch of a second round of bidding to the Solent Growing Places Fund. The fund was for major infrastructure projects to unlock sites that bring forward homes and/or jobs. Bids of £100,000 or above Dates for your diary were invited from both public and private sector organisations. There was a total of £5.74m available in the funding round under loan, forward funding or equity funding arrangements and this would be allocated on a competitive basis. The LEP hoped to allocate the full amount available in the funding round to allow them to deliver economic growth where it would have the biggest impact. To keep up-to-date with everything that the LEP are involved with visit their website: www.solentlep.org.uk STOP PRESS: Save the date: 15 October - LEP Update event in Southampton Inspiring Leadership Third Thursday Networking Sales and Marketing Fourm People Forum September 17, The Anvil, Basingstoke September 19, October 17 and November 21 - Chilworth, Southampton October 8, Chandlers Ford October 22, Botley Our quarterly forum focusing on everything to do with growing your business whether that be making the most of new marketing strategies or how to refine your selling skills. This forum is for anyone engaged in the recruitment, leadership, development and exiting of people from their businesses. Join us for meaningful conversations with other business leaders and those engaged in providing HR, development and legal services to businesses. Join us to hear from 3 inspiring leaders who are stimulating, revitalising and growing businesses worldwide. The evening will include a facilitated Q&A session and time for networking. This vibrant networking group grows each month with us welcoming new attendees and also saying hello to many familiar faces. This is an excellent opportunity for uninterrupted networking in a relaxed atmosphere. For further information and to book these events, and others across the South Region, see the enclosed Events Programme or visit www.iod.com/south/events 7 The IoD - there to support you. To be connected To be supported To be a part of it We hold the world’s largest network of senior level professionals, from multinational blue-chips and public sector organisations to start-ups and small family firms. The IoD is the longest standing organisation to serve and support business leaders, with over 100 years of service in raising professional standards worldwide. Whether it’s for our research facilities, our regional events or our training programmes, join our knowledgeable and experienced membership to accelerate your professional development. London Pall Mall facilities Enjoy exclusive fine dining and drinking venues, as well as a range of function and meeting facilities. Space to work, relax and entertain You have access to IoD meeting areas across the UK, many with wine bars and dining areas, for you and up to three guests. Meet people, do business Choose from over 50 regional events held every month and network online with over 5,500 members in IoD Group, on LinkedIn. Research carried out on your behalf Our award-winning research team will investigate your business queries, providing answers within 24 hours. IoD Hampshire & Isle of Wight Branch Committee Branch Chairman e chair.hants@iod.net Secretary Geoffrey Sturgess e geoffreysturgess@warnergoodman.co.uk Finance Officer Le Roux Cilliers e leroux@lamininsolutions.com Policy & YDF Officer Hendry Taylor t 07788 970755 e hendry@tayori.co.uk Young Director Officer JoSH Spencer t 01962 600147 e josh@tlc-business.co.uk Membership Officer Nicola Proudlock t 01730 829342 e nicola@newleaflaw.co.uk Committee Member GIORGIO BENDONI e giorgiobendoni@aol.com Committee Member STEPHANIE BARNETT e steph@purehumanresources.co.uk Events Officer Vacant Position Education Liaison Officer Vacant Position Branch & Bookings Administrator Claire Fisher t 02380 266548 e admin.hants@iod.net One-to-one independent advice Explore new business opportunities, cost effective solutions and timely strategies to support you in a changing environment. Events to grow your business IoD conferences and events are renowned for their high profile speakers, informative programmes and popular networking opportunities. Tailored training solutions Our expert Professional Development team create IoD courses according to your specification, delivering high quality, relevant training solutions. Sign-up for e-communications As a business organisation supporting and developing leadership and leadership skills ‘e’ communications has to be the way forward as we seek to improve levels of communication with our members. IoD South Regional Office Director - IoD South: Rodger Broad Davidson House, Forbury Square, Reading RG1 3EU e rodger.broad@iod.com t 0118 900 0532 Regional Administrator - IoD South: 116 Pall Mall, London, SW1Y 4AE t 0207 7668805 f 0207 7668832 e iod.south@iod.com Please take the time to ensure you are signed-up to receive email communications: www.iod.com/signup There is also a direct link to this Newsletters in a format compatible with pc, tablet and mobile devices at: www.newslettersouth.co.uk/hampshire The views expressed in this newsletter are not necessarily those of the IoD, neither is it the intention of the branch to endorse or appear to endorse any company or product referred to. It accepts no responsibility for goods and services provided by the organisations in this publication. Users of the goods/ services do so at their own risk and are advised to take up references in the normal way.
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