We will be joined by Lee Swinerd and colleagues from Interpath Advisory for an update on the automotive sector. They will be running through some of their recent experiences across a number of automotive jobs and will also provide some insight into how the transition from combustion engine to battery electric cars could impact the broader automotive eco-system.
Willerby Holiday Homes was the IFT Large Company Turnaround Award winner in 2017. Since then this £200m+ turnover business with 1200 employees has provided a microcosm of the challenges thrown at UK businesses: pandemic production constraints and increased demand, supply chain challenges and modernisation opportunities – providing a turnaround into transformation showcase. This webinar will provide a case study into successfully navigating a range of operational demands, the benefits of sustainable business practice and leadership, as well as insights into an important division of the leisure and manufacturing sectors in the UK.
Rethinking food and drink supply chains
Businesses have always relied on suppliers to get their products and services from producers to customers. But with geopolitical and economic shocks threatening global food security, it is arguably more important than ever that businesses are able to ensure the safe and timely transportation of critical and often perishable products.
We will be joined by a panel of industry experts, Helen Wheeler-Jones of PWC, Andy Richardson of Chair Food & Drink Board Wales, Birdie Robinson of Lloyds Banking who will discuss the current state of feed and agriculture supply chain.
Alongside a range of insolvency measures, the 2020 Corporate Insolvency and Governance Act ushered in some key turnaround tools. Due to Covid measures and economic conditions, it has taken some time for cases to work through. As the body for turnaround professionals we have observed these developments and are very interested in the turnaround potential of Restructuring Plans and the new Moratoria, and particularly when these tools can be effective in a turnaround scenario. Notably, the latest cases have involved smaller businesses, challenging perceptions regarding expense, complexity and timeliness related to the new tools. The following features suggest that the new measures should be of interest our members, in that they are:
· Company side measures
· Suitable for stressed but ultimately viable companies
· A potential solution for companies whose value would be severely impacted by insolvency (eg entities which are regulated or whose assets would be subject to a significant tax impact on a transaction)
· Reliant on core turnaround skills: formulation of a viable turnaround plan, quality management and financial information, stakeholder assurance
This session will provide essential insights into the tools for independent turnaround professionals, with case study information to show where the turnaround skillset applies, and where a restructuring plan or moratorium may be suitable for consideration as an effective turnaround tool. Following a tailored presentation, there will be time for questions and answers. There will be a follow up session in July to examine the latest cases, again with a turnaround lens.
Have you managed a restructure, TUPE or redundancy process before? On top of being tricky and stressful, they’re an employment law minefield. With so much to think about and little room for error, the last thing you want is to drop a legal clanger and find yourself red-faced at an employment tribunal.
In this seminar, The People Factor’s CEO, Karen Davies, will be talking about easy and practical HR tips to help you avoid the common (and expensive!) pitfalls that cause many a company to become a cropper when they breach employment law – and how to get it right. Find out how to approach a restructure properly, the important aspects to consider, and the correct steps and timelines you need to follow when handling staff changes, TUPE and redundancy.
Join us on the 13th June at 16:00 for what promises to be an eye-opening and informative session, followed by a Q&A with Karen and Steve Tancock (independent IFT member and Business Support Practitioner).
In the latest edition of Swift, The IFT’s quarterly magazine, you can read about our upcoming IFT events, including the IFT Awards, IFT news and articles written by members and corporate partners.
To read the latest edition, please click HERE.