Craigavon Business Leaders buckle up for IoD New Directors' Boot Camp
21 September 2015
The Institute of Directors Northern Ireland has teamed up with leading business names to host an event in Craigavon that will provide local directors with the opportunity to learn how to improve their day-to-day decision making and minimise risk to the company.
The Boot Camp, which takes place on 23rd September at the Craigavon Industrial Development Organisation (CIDO), will provide delegates with an in depth focus on key issues faced by company directors, including legal compliance, strategy and corporate governance.
Through a series of informal masterclass sessions, a number of leading business directors from the private, public and social enterprise sectors in Northern Ireland will share their personal experiences, as well as outlining steps that can be taken to avoid behaviours that can lead to corporate governance failures.
Linda Brown, Director of IoD Northern Ireland, said:
“Northern Ireland’s economic climate changes constantly and provides business leaders with fresh challenges, therefore it is crucial that companies have the right structures in place to deal with these successfully.
“It is paramount that directors are aware of how to run their business effectively whilst adhering to business legislation, however for many new directors this can be a bit overwhelming, especially as they try to make the business profitable. This is why our partnership with NISP CONNECT at the Northern Ireland Science Park to run the New Directors’ Boot Camp aims to clarify what company directorship means.
“The New Directors’ Boot Camp offers attendees a great opportunity to strengthen their knowledge of the role and responsibilities of a director and how having good governance in place makes it easier to attract funding and at some point to sell the business on.”
The leading business directors speaking at the event speakers include Lynsey Mallon, Partner in Corporate and Commercial in Arthur Cox, who will introduce participating directors to their legal responsibilities and duties. Colin Coffey CDir, Chairman of the RDA Group and an experienced executive and non-executive director, will explain the importance of a properly established board in reassuring investors and minimising the risks that companies can face.
Chief Executive of CIDO, Brian Hunter said:
“We are glad to have the opportunity to team up with the IoD for the Directors’ Boot Camp, which is a great initiative that can help our local business leaders gain an invaluable insight into strategic business leadership.
“It is vital that Northern Ireland’s business leaders are continuously expanding their knowledge and skills. The Boot Camp offers new and existing executive and non-executive directors a chance to cultivate and enhance their professional development and manage their business even more successfully.”
“The IoD places a significant emphasis on nourishing the development and skills of our business leaders, similarly we at CIDO aim to innovate, incubate and accelerate business for the good and growth of the Northern Ireland economy.
“I encourage any director to take advantage of this fantastic and free opportunity as it will develop their skills and inspire others to follow suit.”
Lynsey Mallon, Partner at Arthur Cox, said:
“We are delighted to sponsor the New Directors’ Boot Camp initiative.
“It is critical that directors put in place a clear legal framework around company directorship. Proper governance controls enable directors to have a clear vision which, in turn, will help the business grow and thrive.
“Delegates will gain a helpful understanding of these key issues which should greatly improve their strategic decision making.”