‘We are all in the same storm, but not the same boat’.
Recent weeks have seen a wide divergence across local businesses as manufacturing, engineering and construction begin operations again. Whereas our hospitality and retail services are still at a stand still and likely to be for some time yet.
With the Job Retention Scheme due further modifications, to be announced very shortly, there are heightened concerns around the viability of staff and diminished cash flows. NI’s traditional holiday period is around the corner, with no indication this will be the cash injection opportunity that many of our smaller businesses rely on.
However, NI resilience is growing week by week and there are green shoots of recovery starting to appear. We are all aware of the agility of many of our manufactures to pivot and design and manufacture new products: hand sanitizers (Copeland Gin), face masks (Shnuggle), Perspex screens (Kaizen Print). Local construction company (Henry Bros) has won places on two major multi-billion-pound framework agreements. And last week came the announcement of the new graduate medical school at Ulster University’s Magee campus, due to open Sept 2021.
Tentative steps on the road to recovery and reset – but none the less, they are there!
IoD continues to support our members and the wider business and economic community through this tentative recovery. The Coronavirus Hub remains an up-to-date portal with updates on Government legislation, new policy and support mechanisms.
Now more than ever, it is so important to remain on top of your director responsibilities. Employment, tax and legal requirements remain essential components in ensuring business survival. Use our Directors Advisory Service to keep informed.
Professional Development at the IoD
The IoD understands that directors are facing unprecedented challenges and we will be here to support you with the resources you need to help you continue to lead your organisations through this difficult time to ensure long term success and business continuity.
Although experience is an important route to gaining professional competence, the IoD's experience shows that high performing directors take support, guidance and training at various stages of their career.
Competencies may be achieved through a combination of experience and informal learning, as well as through formal training and IoD qualifications.
Our portfolio of learning and development programmes has been designed to boost your development as a director or senior leader of your organisation and ensure your leadership skills are kept up to date.
If you would like to discuss a new booking or talk through what the IoD offers virtually, then please contact Lisa Maltman on email@example.com
Our virtual offering currently includes:
- One-to-one executive coaching
- Group / team executive coaching
- One-to-one exam tuition
- Digital Academy CPD content (click here to log into the Academy)
- Customised In-Company solutions
- Online events
The Professional Director Series via virtual classrooms! Click here to register your interest.
Please note our examinations schedule for the Certificate and Diploma in Company Direction is still running as planned. If you have a query about an existing booking or would like to book onto an exam date, please contact the Examinations team here.
We are delighted to announce that Rt Hon Brandon Lewis MP, Secretary of State for Northern Ireland, will be joining us on an exclusive webinar for IoD NI members in partnership with NIE Networks. This webinar will provide an update on COVID-19, support available for business & Brexit. We anticipate a great interest in this session so please do register early & send across any questions you have for the Secretary of State in advance to firstname.lastname@example.org.
Join us on this exclusive webinar where we will hear from some industry experts on how NI businesses have pivoted to react to the COVID-19 pandemic, the challenges they have faced and how we can put measures in place to ensure a safe and smooth return to work when the time is right.
We are working to organise a series of webinars that are practical in helping to support you and your business during this difficult period. If you have a certain topic that you’d like us to cover, or indeed you would like to deliver a webinar using your own expertise please email Chelsea.email@example.com
Although we are all on different ships – it is important we treat each other with respect and responsibility, working together to build a sustainable recovery. The IoD NI team is as always, keen to hear how you are doing this. Examples of best practice, what not to do, what works well. Please do get in touch to share.