WELCOMEBusiness Leaders’

Briefing

21 April

2016

@NGinitiative

SARAH STEWARTChief Executive,

NewcastleGateshead

Initiative

@NGinitiative

@NGinitiative

JULIE MILNEChief Curator of Art Galleries,

Tyne & Wear Archives

& Museums

SARAH STEWARTChief Executive,

NewcastleGateshead

Initiative

@NGinitiative

Welcome to new partners

@NGinitiative

Agenda

• Skill shortages and hard-to-recruit talent

- Therese Liddle, Chief Executive, NRG.

• Entrepreneurial leadership

- Michele Rusk, Enterprise Fellow, Newcastle Business School.

- Joanne James, Head of Corporate & Executive Development.

• Non-executive directors are not just for PLCs

- Peter Neal, Head of Strategic Talent, UNW.

- Jude Browne, Non-Executive Director.

@NGinitiative

The

NewcastleGateshead

Initiative mission

@NGinitiative

To inspire

people to visit,

and to live, learn,

work and invest in

and around

NewcastleGateshead

@NGinitiative

THERESE LIDDLEChief Executive,

NRG

@NGinitiative

MICHELE RUSKand

JOANNE JAMESNewcastle

Business

School

Entrepreneurial LeadershipNewcastle Business School Northumbria University

Joanne James - Head of Corporate & Executive Development

Michele Rusk - Enterprise Fellow

Economic ContextStrategy for the North East

• 100k jobs by 2024

• High skilled and higher paid private sector jobs

• 60% of jobs created in next 10 years: 6k per annum(More and Better Jobs A Strategic Economic Plan for the North East, 2014)

Targeting

New Economy

– Design, Digital, Media, Telecoms, Software, Heritage, & Culture(North East Independent Economic Review Report, 2013.)

Santander Enterprise Index

Places North East 12th out of 12 UK regions in the 2014.

- Citing lack of Entrepreneurial Aspiration

AspirationNew Economy

Entrepreneurial Leadership

For

Game Changing Innovations

Built on Traditional Strengths

Our Job

Pilot, test, accelerate and disseminate new approaches

stimulating

Innovative Business Development

Digital Led, Invention Led & Design Led Businesses

Fit for Tomorrow

.

Spirit of Our Time

.

All Leaders Have to be Entrepreneurial

It’s an uncertain, risky, resource-constrained world

Today we are facing

• rapidly shifting economic forces

• prolific technology

• demographic fluctuation and social change

Complex Problems need Innovative Multifaceted Solutions

What’s the Difference

Energetic Passion for

Vision, Change, Creation

It’s a different way of

LEADING, MANAGING and even THINKING

Entrepreneurial Leadership

Essential ingredients include:

seeing things differently

taking calculated risks

formulating future focused innovation teams

creative resourcefulness

building solid business propositions

The vision to recognise opportunity where others

see

chaos, contradiction, and confusion.

Creativity

Innovation

Leadership

Entrepreneurship

Labels

‘Design is theAnimating Principle of all Creative Processes’ Vasari

Thinking

Vision

Ambition

Leadership

Direction

Empowerment

Doing

Creativity

Strategic Design

Innovation

Entrepreneurial Development

Co

mm

un

ity

Cu

lture

Zeitgeist

Communications

Divergence

Convergence

Synthesis

Effectuating

Entrepreneurial Leadership

Where Entrepreneurial leadership is Practiced

New Business Start ups

Civic Society

Big Business

Challenge

Who are the

Entrepreneurial Leaders

To Lead us

To Tomorrow ?

Making sense of our role

• What does entrepreneurial leadership mean to you?

• Revisit the labels: Which words apply to you?

• What is the relevance of entrepreneurial mind-set in my

organisation?

• How ready are we to take on the challenge?

Change begins with you

Leadership starts on the inside

Self efficacy

Self esteem

Self concept

Self awareness

Values, motives, beliefs,

personal mental models.

How do I see my role as

a leader? Purpose.

How confident do I feel in my own

skin? Imposter syndrome

The belief that I can succeed

in this role in this context

Creating a culture for change

What do you want to create?

• Thinking differently

• Taking risks

• Language and labels

• Assumptions

Business Focussed, research informed

We have a pivotal role in partnering with you to face the challenges

of the future

We can help with

Creative young minds: on a placement, business clinic.

Forums for sharing challenges ideas and best practice

Facilitated session

Executive coaching

Bespoke work force development

Joanne James

Head of Corporate and Executive Development

Newcastle Business School

Northumbria University

0191 227 3054

Joanne.james@northumbria.ac.uk

Expertise on your Doorstep

@NGinitiative

PETER NEALand

JUDE BROWNEUNW

“Non-Executive Directors

are not just for PLCs”

NGI Presentation – 21st April 2016

Peter Neal

18 years introducing people to people and helping create value

and wealth. Leading UNW Strategic Talent advisory service.

http://www.lnkdin.me/p/peterneal

Introduction

Jude Browne

A high growth business expert, working with organisations of all

shapes and sizes, helping them meet the challenges of their

ambitions to grow.

https://uk.linkedin.com/in/judebrowne

Objectives for today’s presentation

• About UNW and UNW Strategic Talent

• What is a NED?

• Business boosting benefits for NEDs for SMEs

• Boardroom Reflections – Jude Browne

• When and how to appoint a NED

• The Experience Bank

Agenda

UNW LLP & UNW Strategic Talent

UNW LLP & UNW Strategic Talent

Audit &

AssuranceTaxation

Corporate

Finance

Accounting

Services

Strategic

Talent

UNW Strategic Talent

UNW LLP

Building backable boards Financial recruitment specialists

Good governance and the role of NEDs in SMEs

The essence of

good governance

Boardroom behaviours

Clear line of sight

Good

interpersonal

skills

Definition

of a good

NED

Sound

judgement

Influence

Integrity

Strategic

Helicopter

view

Commercially

aware

Conviction

Business boosting benefits of NEDs for SMEs

Challenging the MD

& Exec Team

“You don’t know what

you don’t know”(Alastair Waite)

Providing knowledge,

insight & experience

Raising standards

of governance

Advising on

strategy

Acting as a

sounding board

Mentoring

Challenging

business plans Access to

finance

JUDE BROWNE

Boardroom Reflections

When & how to appoint an NED

When?

• New markets or products…

• Contacts in key markets…

• Expanding employee base…

• Access to funding…

• Pension / Savings plans…

• Consultants / Mentors…

How?

• Timing & role criteria

• Existing strengths & weakness

Person specification

& briefing document

When & how to appoint an NED

Candidate Sourcing &

Selection

• Agencies / Contacts /

Advertising

• Shortlist interview

• Due diligence (by candidate)

Terms of Engagement

• Remuneration

• Contract

Preferred candidate

Negotiation

• Several years in development

• Stakeholder support

• Purpose

• Not for profit enterprise

• Funding & host

• Impact report

• Research opportunities

• Summer 2016...

THE EXPERIENCE BANK

THE EXPERIENCE BANK

More detailed discussions

Thank you to Jude Browne

UNW Strategic Talent

“Building Backable Boards”

Thank you

SARAH STEWARTChief Executive,

NewcastleGateshead

Initiative

@NGinitiative

Panel discussion / Q&A

@NGinitiative

• Therese Liddle

Chief Executive, NRG.

• Michele Rusk

Enterprise Fellow, Newcastle Business School.

• Joanne James

Head of Corporate and Executive Development, Newcastle Business School.

• Peter Neal

Head of Strategic Talent, UNW.

• Jude Browne

Non-Executive Director.

Thank you

@NGinitiative

Partner meetings 2016

@NGinitiative

Partner Update Meetings

Thursday 9 June, 08:30-10:30, Newcastle Racecourse

Thursday 3 November, 08:30-10:30, University of Sunderland

Business Leaders’ Briefing

Thursday 6 October, 08:30-10:30, Centre for Life

Annual General Meeting

Thursday 1 December, 16:00-19:00, venue TBC

THANK YOU

@NGinitiative