new 58 letters janfeb2018v2cmnc...director is published for the institute of directors, 116 pall...

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THE CONVERSATION EDITORIAL AND PRODUCTION directormagazine@ seven.co.uk 020 7775 7775 Head of content Jon Watkins Editor Chris Maxwell Technical editor Neil Cole Junior writer/reporter Hannah Gresty Art director David Boa Designer Andy Wells Senior visual editor Eithne Staunton Junior visual editor Tivina Elliott-James Content strategist Melody Bartlett Contributing editors Ryan Herman, Christian Koch, Piers Martin, Nick Scott Senior production manager Elizabeth Knipe Deputy production manager Chris Gardner Group account director Stefanie Hinten-Reed Director is published for the Institute of Directors, 116 Pall Mall, London SW1Y 5ED. Opinions expressed do not necessarily reflect IoD policy. The IoD accepts no responsibility for views expressed by contributors. Advertisements and reader offers are not endorsed by Director or the IoD. INSTITUTE OF DIRECTORS 020 7839 1233 iod.com SUBSCRIPTIONS 020 7766 8866 iod.com MEMBERSHIP 020 7766 8866 Director cover and text paper is supplied by Wyndeham Roche and produced from sustainable fibre through certified schemes. Both mills have ISO 14001 and EMAS accreditations. Printed by Wyndeham [Roche] Ltd, Victoria Business Park, Roche, St Austell, Cornwall PL26 8LX. Mailed by South West Mailing Ltd. ISSN 0012-3242. © All rights reserved. Reproduction in whole or part without written permission is strictly prohibited. Colour transparencies, manuscripts or disks submitted to the magazine are sent at the owner’s risk. Neither the company nor its agents accept any responsibility for loss or damage. Unsolicited material should be accompanied by a stamped self-addressed envelope. Director is a member of the Independent Press Standards Organisation and is committed to upholding the Editors’ Code of Practice. If you wish to make a complaint under the code, or if you have a correction, please contact Director at Seven, 3-7 Herbal Hill, London EC1R 5EJ. BUSINESS PRESS JULY 2016 TO JUNE 2017: 52,580 A 12-month subscription: UK £20 Europe £28 The rest of the world £37 (including post) MEMBER OF THE PROFESSIONAL PUBLISHERS ASSOCIATION COMMERCIAL directorsales@ seven.co.uk 020 7775 7799 Commercial sales director Jo McGraw Head of agency sales Dan Chester Head of client sales Fiona O’Mahony Commercial sales project co-ordinator Samuel Haines Business director Emma Martin Chief executive Sean King Chairman Tim Trotter Thanks this issue to Michael Driver, Lauren Hay, Will Higham, Euan Holmes, Martin Ixer, Tom Jackson, Dan Lewis, Blok Magnaye, Edwin Morgan, Allie Renison, Angela Steed, Paul Stuart, Fernando Volken Togni, Claire Woodall Inclusivity for all Thank you for covering the recent report from the Royal Academy of Engineering on creating inclusive cultures (“Inclusion is key to your bottom line”, November/December 2017). The report recommends that some of the sector’s traditional strengths should be used as levers to make the profession more inclusive. The strengths it identifies are specific, although not unique, to engineering. They include teamwork, flexibility and an orientation towards problem-solving. The general point, though – that a sector can identify its strengths and use them as leverage – could surely be applied in all sectors to promote inclusion. Anthony Haynes, Frontinus Brexit planning The UK’s withdrawal from the EU is adding to the unpredictable climate for businesses. It increases the challenge of ensuring that their strategies are robust, with all of their components working in alignment. To ensure business continuity beyond March 2019, CEOs and their leadership teams must focus on the future beyond Brexit now, instead of waiting until the outcomes of the political process. The key is to consider how to approach the following: threats to revenue, cost increases, exchange-rate fluctuations, the availability of skills and even the potential of operating in a tariff-free environment. Leaders would be well advised to review their strategies to ensure that they are taking a robust approach to secure the future of their businesses. Rob Shorrick, The Leadership Gallery Director is published for the Institute of Directors by Seven, 3-7 Herbal Hill, London EC1R 5EJ TELL US WHAT YOU THINK To contribute to the letters page, or to comment on anything published in Director, email [email protected] or write to the editor, Director, 3-7 Herbal Hill, London EC1R 5EJ JOIN OUR READER PANEL Are you a member of the IoD? To join the Director reader panel, email [email protected] BLOG FOR DIRECTOR Would you like to write a blog for the website? Email [email protected] to send us your ideas TAKE PART IN A ROUNDTABLE Register your interest for our roundtables with director general Stephen Martin by emailing [email protected] WHAT YOU’RE TWEETING US @ChapmanJS Deliberate risk management: “Hope is not a strategy,” advises Paul Sean Hill, former flight director at @Nasa in @DirectorIoD @The_IoD. Project and programme management professionals would concur. This is sound advice. @BlackonSilveruk Great to see the terrific @CEO_Battersea in @DirectorIoD @The_IoD. “Stay flexible, be pragmatic – and keep it simple,” sums up Claire Horton and the astounding success of @BDCH work. Many congratulations. WHAT YOU’RE BLOGGING ABOUT Your preparation timetable for the EU General Data Protection Regulation The GDPR comes into force on 25 May. Sarah Pearce, a partner at law firm Cooley, offers a schedule of actions to get your business ready for it. The humanisation of work The Taylor review into employment practices has called for a new focus on the quality of work. Tania Coke, a senior mediator at Consensio, explores how this can be measured and why work needs to be humanised to balance the trend in automation. CONGRATULATIONS… … to Robert Graver, who won a night at the Woburn Hotel plus dinner and entry to Woburn Abbey and Woburn Safari Park. To win a night’s stay plus dinner and breakfast at Laura Ashley The Manor Elstree, turn to page 65. [email protected] director.co.uk/contact CONTACT US YOUR EMAILS, BLOGS AND SOCIAL MEDIA POSTS @directorIoD 58 director.co.uk _NEW_58_Letters_JanFeb2018v2CMNC.indd 58 10/01/2018 13:21

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Page 1: NEW 58 Letters JanFeb2018v2CMNC...Director is published for the Institute of Directors, 116 Pall Mall, London SW1Y 5ED. Opinions expressed do not necessarily re˜lect IoD policy. The

THE CONVERSATION

EDITORIAL AND [email protected] 7775 7775Head of content Jon WatkinsEditor Chris MaxwellTechnical editor Neil ColeJunior writer/reporter Hannah GrestyArt director David BoaDesigner Andy WellsSenior visual editor Eithne StauntonJunior visual editor Tivina Elliott-JamesContent strategist Melody BartlettContributing editors Ryan Herman, Christian Koch, Piers Martin, Nick ScottSenior production managerElizabeth KnipeDeputy production manager Chris GardnerGroup account directorStefanie Hinten-Reed

Director is published for the Institute of Directors, 116 Pall Mall, London SW1Y 5ED.

Opinions expressed do not necessarily reflect IoD policy. The IoD accepts no responsibility for views expressed by contributors. Advertisements and reader offers are not endorsed by Director or the IoD.

INSTITUTE OF DIRECTORS 020 7839 1233 iod.comSUBSCRIPTIONS 020 7766 8866 iod.comMEMBERSHIP 020 7766 8866

Director cover and text paper is supplied by Wyndeham Roche and produced from sustainable fibre through certified

schemes. Both mills have ISO 14001 and EMAS accreditations. Printed by Wyndeham [Roche] Ltd, Victoria Business Park, Roche, St Austell, Cornwall PL26 8LX. Mailed by South West Mailing Ltd. ISSN 0012-3242.

© All rights reserved. Reproduction in whole or part without written permission is strictly prohibited. Colour transparencies, manuscripts or disks submitted to the magazine are sent at the owner’s risk. Neither the company nor its agents accept any responsibility for loss or damage. Unsolicited material should be accompanied by a stamped self-addressed envelope. Director is a member of the Independent Press Standards Organisation and is committed to upholding the Editors’ Code of Practice. If you wish to make a complaint under the code, or if you have a correction, please contact Director at Seven, 3-7 Herbal Hill, London EC1R 5EJ.

BUSINESS PRESSJULY 2016 TO JUNE 2017:

52,580 A 12-month subscription:

UK £20 Europe £28

The rest of the world £37 (including post)

MEMBER OF THE PROFESSIONAL

PUBLISHERS ASSOCIATION

[email protected] 7775 7799Commercial sales director Jo McGrawHead of agency sales Dan ChesterHead of client sales Fiona O’MahonyCommercial sales project co-ordinator Samuel HainesBusiness director Emma Martin Chief executive Sean KingChairman Tim Trotter Thanks this issue to Michael Driver, Lauren Hay, Will Higham, Euan Holmes, Martin Ixer, Tom Jackson, Dan Lewis, Blok Magnaye, Edwin Morgan, Allie Renison, Angela Steed, Paul Stuart, Fernando Volken Togni, Claire Woodall

Inclusivity for allThank you for covering the recent report from the Royal Academy of Engineering on creating inclusive cultures (“Inclusion is key to your bottom line”, November/December 2017).

The report recommends that some of the sector’s traditional strengths should be used as levers to make the profession more inclusive. The strengths it identifies are specific, although not unique, to engineering. They include teamwork, flexibility and an orientation towards problem-solving. The general point, though – that a sector can identify its strengths and use them as leverage – could surely be applied in all sectors to promote inclusion.Anthony Haynes, Frontinus

Brexit planningThe UK’s withdrawal from the EU is adding to the unpredictable climate for businesses. It increases the challenge of ensuring that their strategies are robust, with all of their components working in alignment.

To ensure business continuity beyond March 2019, CEOs and their leadership teams must focus on the future beyond Brexit now, instead of waiting until the outcomes of the political process. The key is to consider how to approach the following: threats to revenue, cost increases, exchange-rate fluctuations, the availability of skills and even the potential of operating in a tari� -free environment.

Leaders would be well advised to review their strategies to ensure that they are taking a robust approach to secure the future of their businesses. Rob Shorrick, The Leadership Gallery

Director is published for the Institute of Directors by Seven, 3-7 Herbal Hill, London EC1R 5EJ

T E L L U S W H AT Y O U T H I N K To contribute to the letters page, or to comment on anything published in Director, email [email protected] or write to the editor, Director, 3-7 Herbal Hill, London EC1R 5EJ

J O I N O U R R E A D E R P A N E L Are you a member of the IoD? To join the Director reader panel, email [email protected]

B L O G F O R D I R E C T O R Would you like to write a blog for the website? Email [email protected] to send us your ideas

TA K E P A R T I N A R O U N D TA B L E Register your interest for our roundtables with director general Stephen Martin by emailing [email protected]

W H A T Y O U ’ R ET W E E T I N G U S@ChapmanJS Deliberate risk management: “Hope is not a strategy,” advises Paul Sean Hill, former flight director at @Nasa in @DirectorIoD @The_IoD. Project and programme management professionals would concur. This is sound advice.@BlackonSilverukGreat to see the terrific @CEO_Battersea in @DirectorIoD @The_IoD. “Stay flexible, be pragmatic – and keep it simple,” sums up Claire Horton and the astounding success of @BDCH work. Many congratulations.

W H A T Y O U ’ R EB L O G G I N G A B O U TYour preparation timetable for the EU General Data Protection RegulationThe GDPR comes into force on 25 May. Sarah Pearce, a partner at law firm Cooley, offers a schedule of actions to get your business ready for it.The humanisation of workThe Taylor review into employment practices has called for a new focus on the quality of work. Tania Coke, a senior mediator at Consensio, explores how this can be measured and why work needs to be humanised to balance the trend in automation.

C O N G R A T U L A T I O N S …… to Robert Graver, who won a night at the Woburn Hotel plus dinner and entry to Woburn Abbey and Woburn Safari Park. To win a night’s stay plus dinner and breakfast at Laura Ashley The Manor Elstree, turn to page 65.

[email protected] director.co.uk/contact

C O N TA C T U S

Y O U R E M A I L S , B L O G S A N D S O C I A L M E D I A P O S T S

@directorIoD

58 director.co.uk

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