andy phippen presentation
TRANSCRIPT
OverviewAbout meAcademic NEDs ‐ what a good idea...The NED development programmeMy own experiences
About MeSenior lecturer in Enterprise and EthicsWorked with tech sector for 12 yearsVery active in knowledge transfer activities
15 Knowledge Transfer Partnerships in last 8 yearsWork at policy level on aspects of IT and business ethics
University/industry liaisonEYFS governor at St Kew Primary School
Higgs Review – the Role of the NEDStrategy: constructively challenge and contribute to the development of strategy.Performance: scrutinise the performance of management …and monitor the reporting of performance.Risk: satisfy themselves that financial information is accurate and that financial controls and systems of risk management are robust and defensible.People: are responsible for remuneration of execs and have a prime role in hiring and firing and succession planning.
An Academic is supposed to possess
Objectivity – reflects, considers based upon the evidenceReasoning – the ability to look at “data” and make deductions based upon thisCommunication – articulating complex theories and findings in a clear, understandable manner
A marriage made in..??Issues:
Academic timescalesCommunication and communicationConflicting culturesDifferent measures of success
NED Development ProgrammeDeveloped by Knowledge West, now with University of BristolTwo day residential with fellow academics from SWExpert talks from legal, financial and NED perspective
Inspirational after dinner speaker in Julian Stainton(WPA)
Workshops with trainers on different situations facing NEDsSupport outside of residential through network
BenefitsDeveloped understanding of corporate governance, legal perspectivesHelped me make up my mind the sorts of people I wanted to work with
And those I didn’tThe first time in 10 years of lecturing that I have worked on my communication style!Provided confidence that this was possible!
Since then...NED programme a logical development of my liaison activitiesCurrently finalising NED position with Goss Education
Tech start‐up looking to make inroads into education market
Developing an established relationship
Experiences so farIts a symbiotic relationship
Learning from them: Entrepreneurial activity, business planning, taking tech to market, venture capitalLearning from me: Access to the education marketplace, a different perspective, a “critical friend”
Sometimes they don’t want to hear things that are said
But take it with good humour because my opinion is respected
The futureThere is a two way, rewarding, relationship that can exist between an academic as a NED with an organisationNeed to bridge the two cultures
not something to be entered into without some acknowledgement of the gulf
Professional development and knowledge transfer opportunities are significantLong term would like to be more involved in social enterprise/NFP
Developing the next generation of business leaders!