Slides from NewcastleGateshead Initiative's Business Leaders' Briefing at Laing Art Gallery on 21 April 2016, which focused on skills, talent and entrepreneurial leadership and included presentations from NRG, Newcastle Business School at Northumbria University and UNW.
11. Economic Context
Strategy 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
12. Aspiration
New 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
.
13. 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
14. What’s the Difference
Energetic Passion for
Vision, Change, Creation
It’s a different way of
LEADING, MANAGING and even THINKING
15. 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.
20. 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?
22. 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
23. Creating a culture for change
What do you want to create?
• Thinking differently
• Taking risks
• Language and labels
• Assumptions
24. 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
25. 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
28. 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
29. • 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
32. 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
33. 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
42. 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
43. 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
44. • 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
45. More detailed discussions
Thank you to Jude Browne
UNW Strategic Talent
“Building Backable Boards”
Thank you
47. 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.