business comment #12

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august/september 2011 Edinburgh Chamber – UK Chamber of the year for international trade support and skills development setting the standard: David Nish on leadership and the savings gap pages 22-23

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Business Comment is the official magazine of Edinburgh Chamber of Commerce specifically designed for Edinburgh Chamber members, but relevant to all businesses in Edinburgh and the Lothians. Business Comment is a vital business tool for both Chamber members’ and non-members.

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Page 1: Business Comment #12

august/september 2011

Edinburgh Chamber – UK Chamber of the year for international trade support and skills development

setting the standard:David Nish on leadership and the savings gappages 22-23

Page 2: Business Comment #12

August/September2011 BC 3

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Page 3: Business Comment #12

Contents

Ron Hewittchief executive

August/September2011 BC 3

august/sept2011

What’s happened! There’s not a taxi in the rank – it has to be festival time! All attending our fabulous festivals are guaranteed great value for money and memories to be treasured by the score. It’s not just our taxi drivers and box offices that benefit from the incredible influx of visitors to the city, we are all rewarded from the massive economic impact that our festivals bring to the city. This year will see another bumper turn out with record breaking attendances. The Edinburgh Festivals Impact Study proved that last year our festivals generated over quarter of a billion, yes billion, pounds worth of additional tourism revenue for Scotland.

We in Edinburgh tucked away £245million. For their part our visitors enjoyed thousand of laughs, shed some empathic tears and a big helping of Edinburgh bon viveur. They left enchanted and we appreciated their massive contribution to our finances. 93% of them were happy to confirm that the Festivals are what makes this city unique, oh and the castle and the Forth and the open top bus tours and the beautiful historic buildings and the friendly restaurant staff.

Thank goodness for the Festivals and on behalf of the private sector we applaud you and wish you another record breaking year. My thanks then go to the organisers, the greeters, the media, the Council, the sponsors and of course to the actors

and contributors who make each and every event a memorable experience.

Our festivals are a cultural phenomenon and as the best in the world showcases Scotland’s exceptional talent, that sets Edinburgh apart from all others. Edinburgh is without doubt the world’s leading Festival City and for a time we can bask in its glory.

We hope all of our visitors had a magical time, we certainly enjoyed having you and we haste you back.

Business Comment is an Edinburgh Chamber of Commerce publication.

All editoriAl AndgenerAl enquirieS: Edinburgh Chamber Customer Services Team Tel: 0844 736 2992 email: [email protected]

Edinburgh Chamber of Commerce, Capital House, 2 Festival Square, Edinburgh EH3 9SU www.edinburghchamber.co.uk

President: Robert Carr Chief Executive: Ron Hewitt

BuSineSS CoMMenteditorSharon Duncan, Tel: 0131 221 2976 Email: [email protected]

ProduCtion& deSignDistinctive Publishing, 8th Floor, Aidan House, Sunderland Road, Gateshead NE8 3HU Tel: 0845 884 2385 www.distinctivepublishing.co.uk

AdVertiSingDistinctive Publishing, 8th Floor, Aidan House, Sunderland Road, Gateshead NE8 3HU Tel: 0845 884 2345 [email protected]

FeAture editorSJohn Dean & Francis Griss [email protected]

diSClAiMerDistinctive Publishing or Business Comment cannot be held responsible for any inaccuracies that may occur, individual products or services advertised or late entries. No part of this publication may be reproduced or scanned without prior written permission of the publishers and Business Comment.

03 Introduction / contents

04 Edinburgh Review to inform

economic future

05 Airports call for tax to be devolved

07 Capital view

13 Be the best

15 Going international

16|17 Inspiring connections

19 60 seconds

22|23 Cover feature

24|25 Festivals special

37 In the spotlight

38 City & World – Chamber policy

41 Ask the expert / get with IT

44 Getting started

49 Business events relaunched

50 Movers & shakers

Festival fever is among us ...

22 24

Page 4: Business Comment #12

4 BC August/September2011 August/September2011 BC 5

ChambernewsAnderson Strathern delivers change in the legal marketAnderson Strathern has announced that the partners and staff of Bell & Scott, Scotland’s first specialist property practice, are joining the law firm.

The move gives Anderson Strathern 57 partners, including 16 in commercial real estate, and a combined turnover of £23 million.

Following integration, the Edinburgh office will be at Rutland Court and the Glasgow office at Lomond House in George Square.

The firm will have a list of property clients including Austin Reed, the Buccleuch Group, Capital Shopping Centres, Clyde Gateway, The Crown Estate and T Mobile.

Chairman Robert Carr said: “Our primary objective is to bring the clients of the combined practice a broader range of specialisms and opportunities. This exciting development is part of our commitment to expand and further strengthen our full service offering, allowing the clients of both firms to benefit from greater insights and business solutions.”

Bell & Scott Managing Partner, Paul Jennings, said: “Over the years, our size and focus have been our strengths, enabling us to concentrate resources and develop expertise in the property sector. As a specialist firm, it is essential that we meet and exceed our clients’ needs so we are delighted to join a firm which shares our ethos on in-depth expertise and development and investment in specialist services.”

Earlier this year, the City of Edinburgh Council started an economic review of the city region. Now, the first findings have been published and show that many businesses are confident about the future.

Under the governance of the Edinburgh Business Forum including the Edinburgh Chamber of Commerce, the aim of the exercise has been to inform the development of a new Economic Strategy for the City, which will be launched in early 2012.

Some initial findings are:

n Businesses are reasonably positive about a recovery in general economic conditions.

n Productivity in Edinburgh is extremely high in British terms (ranking 7th out of 127 locations)

n Tourism is seen as a provider of increased jobs in the future, as are Life Sciences and Finance.

n Renewable energy has the potential to provide significant jobs to the city region.

n Businesses’ feel the limited access to finance inhibits growth.

City of Edinburgh Council’s Economic Development Convener, Tom Buchanan said: “This has been a major piece of work, one that will inform our strategy over the next 10 years – and beyond.

“It’s also essential to remember that this isn’t just about businesses. Our economic

future depends on the involvement and achievements of everyone who lives, works, visits and studies in the city.”

Hugh Rutherford, Chair of Edinburgh Business Assembly, the governing forum behind the Economic Review, said: “We are encouraged that the initial findings of the Review show that the Edinburgh city region economy has demonstrated its resilience during the economic downturn. 

“However, the research also highlighted some ongoing challenges for the region. These include the difficulties being faced by local companies in accessing finance, the productivity challenges which must be met if Edinburgh is to compete on a global stage and the need for more internationalisation of city region business activities.

“There are also challenges around ensuring a skilled workforce is available to capitalise on future business opportunities. We hope that local businesses will reflect on the review findings and feed in their comments. These will help to inform the city’s evolving Economic Strategy”. 

The Council is now in a period of consultation with Edinburgh’s businesses’ and general public on the findings of the Economic Review through a consultation paper.

The consultation paper can be found at www.edinburgh.gov.uk/economicreview2011  and in paper format in local libraries.

Edinburgh Review to inform economic future

Page 5: Business Comment #12

August/September2011 BC 5

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Scotland’s largest airports have jointly called for the UK Government to devolve its Air Passenger Duty (APD) to the Scottish Government.

Aberdeen, Edinburgh and Glasgow Airports made the call during their response to the UK Government’s consultation on its proposals on the future of APD.

The Calman Commission recommended the devolution of APD as part of the Scotland Bill and the Scottish Government has supported the suggestion.

However, because the UK Government is consulting on changes to aviation duty as per its Programme for Government, it has not been included in the Bill in its current form.

The Scottish Government has indicated that revenue raised via APD would be used to support Scottish aviation and tourism and a report, commissioned by Aberdeen, Edinburgh and Glasgow airports and published in January 2011, said that any proposed future increases in tax would harm both sectors.

They say that APD, if devolved, would go some way to reversing the loss of these passengers and recouping the £77 million in lost tourism revenue that the recent rise cost Scotland.

Kevin Brown, Managing Director, Edinburgh Airport said: “We are not saying we should not be taxed, only that any taxation is fair and proportionate.”

airports call for tax to be devolved

bmi regional named most punctual airlinebmi regional has been named the most punctual regional airline operating at Brussels airport for 2010 in the airport’s annual aviation awards.The airline, which offers up to three flights daily to East Midlands, Edinburgh and Leeds Bradford airports, won the award in recognition of punctuality levels during 2010, with 90% of flights departing on time.

The achievement occurred despite Europe encountering some of the worst ever winter weather at the beginning and end of the year, which hampered the operations of many airlines.

Paul Alcock, bmi regional Director of Operations, said: “Punctuality is one of the cornerstones of the bmi regional service and we’re consistently getting it right across the UK and Europe. Time is money for our valued customers and we strive to provide them with the best possible service both on the ground and in the air, consistently delivering them to their destination in comfort and on time, time after time.”

Page 6: Business Comment #12

August/September2011 BC 7

Offi cial government fuel consumption fi gures in mpg (litres per 100km) for the C 220 CDI Sport Saloon: urban 44.1(6.4), extra urban 62.8(4.5), combined 54.3(5.2). CO2 emissions: 136 g/km.

Finance a C 220 CDI Sport Saloon for your business through Mercedes-Benz of Edinburgh and benefi t from low monthly payments from only £369*. And with higher residuals, less outlay and CO2 emissions from just 136g/km, the new C-Class is a sound business choice, however you look at it.

Order today. Call us on 0843 208 0719 to discuss your fl eet requirements.

Mercedes-Benz of Edinburgh Part of Edinburgh’s Luxury Car Village, Newbridge EH28 8QW www.mercedes-benzofedinburgh.co.ukMercedes-Benz of Coldstream 1 Guards Road, Coldstream TD12 4AL www.mercedes-benzofcoldstream.co.uk0843 208 0719

*For business users only. All payments subject to VAT: Example based on a Mercedes-Benz C 220 CDI Sport Saloon with automatic transmission on a 36 months (3+35 profi le) Mercedes-Benz Operating Lease agreement, excluding maintenance, with an advance payment of £1,107 and a £180 acceptance fee payable in addition to and at the same time as the fi rst rental. Based on 10,000 miles per annum. Excess mileage charges may apply. Rental includes fi rst year’s Road Fund Licence only.

Exceptional business terms available now at Mercedes-Benz of Edinburgh.

Specifi cation Includes:

• 18” AMG alloy wheels• Automatic climate control• Up to 62.8 mpg• Low 136 g/km CO2 emissions• Electric windows - front and rear• Sports seats• multifunction steering wheel• Cruise control with SPEEDTRONIC

7G-Tronic automatic with tipfunction • Exterior mirrors - electrically folding• Headlamp wash• Auto dimming rear-view

and driver’s exterior mirror• Sports suspension• LED-daytime running lights• AMG bodystyling• Bi-Xenon Headlamps• Leather trimmed steering wheel • Pre-Safe® intelligent, anticipatory

safety system• Rain-sensing wipers• Electronic Stability Programme (ESP®)

with Acceleration Skid Control (ASR)• Adaptive brake lights• 8 speakers CD Audio• Bluetooth telephone interface• Alarm system with immobiliser

and interior protection

C 220 CDI Sport Saloon with automatic transmission.

36 months Operating Lease

3+35 payment pattern

£1,107+VAT initial rental

£369+VAT monthly rental*

The New C-Class Saloon. A sound business choice.

Page 7: Business Comment #12

Capitalview

August/September2011 BC 7

Offi cial government fuel consumption fi gures in mpg (litres per 100km) for the C 220 CDI Sport Saloon: urban 44.1(6.4), extra urban 62.8(4.5), combined 54.3(5.2). CO2 emissions: 136 g/km.

Finance a C 220 CDI Sport Saloon for your business through Mercedes-Benz of Edinburgh and benefi t from low monthly payments from only £369*. And with higher residuals, less outlay and CO2 emissions from just 136g/km, the new C-Class is a sound business choice, however you look at it.

Order today. Call us on 0843 208 0719 to discuss your fl eet requirements.

Mercedes-Benz of Edinburgh Part of Edinburgh’s Luxury Car Village, Newbridge EH28 8QW www.mercedes-benzofedinburgh.co.ukMercedes-Benz of Coldstream 1 Guards Road, Coldstream TD12 4AL www.mercedes-benzofcoldstream.co.uk0843 208 0719

*For business users only. All payments subject to VAT: Example based on a Mercedes-Benz C 220 CDI Sport Saloon with automatic transmission on a 36 months (3+35 profi le) Mercedes-Benz Operating Lease agreement, excluding maintenance, with an advance payment of £1,107 and a £180 acceptance fee payable in addition to and at the same time as the fi rst rental. Based on 10,000 miles per annum. Excess mileage charges may apply. Rental includes fi rst year’s Road Fund Licence only.

Exceptional business terms available now at Mercedes-Benz of Edinburgh.

Specifi cation Includes:

• 18” AMG alloy wheels• Automatic climate control• Up to 62.8 mpg• Low 136 g/km CO2 emissions• Electric windows - front and rear• Sports seats• multifunction steering wheel• Cruise control with SPEEDTRONIC

7G-Tronic automatic with tipfunction • Exterior mirrors - electrically folding• Headlamp wash• Auto dimming rear-view

and driver’s exterior mirror• Sports suspension• LED-daytime running lights• AMG bodystyling• Bi-Xenon Headlamps• Leather trimmed steering wheel • Pre-Safe® intelligent, anticipatory

safety system• Rain-sensing wipers• Electronic Stability Programme (ESP®)

with Acceleration Skid Control (ASR)• Adaptive brake lights• 8 speakers CD Audio• Bluetooth telephone interface• Alarm system with immobiliser

and interior protection

C 220 CDI Sport Saloon with automatic transmission.

36 months Operating Lease

3+35 payment pattern

£1,107+VAT initial rental

£369+VAT monthly rental*

The New C-Class Saloon. A sound business choice.

Coming from Brisbane, the change in weather was originally a little of a shock, but we soon acclimatised as we found Edinburgh and, indeed, the surrounding country side to have many attractions and interests, not to

mention the many eating places to explore in and around the city.

Before we came out from Australia, many of our friends warned us how expensive the UK and Scotland would be to live in. In reality, we have found since our arrival that this is very far from the truth. Food, many basic staples (home wares and clothes) and indeed transportation, is noticeably cheaper locally than we found back in Australia.

My job in coming to Edinburgh has been to grow Spire Healthcare’s business in Edinburgh and by default Scotland. So whilst much of my weekday time and quite a few evenings are spent at work or work-related activities, my wife and I have set ourselves a target to see as much of the city surrounds, Scotland and the UK as we can. One of the things we have greatly valued is the flexibility of Edinburgh as an airport hub nationally but also abroad into Europe and even the United States. We have been availing ourselves during some of our holidays in expanding our horizons with trips into Europe, given

the choice of low cost, budget options available in this city.

We have been resident in the Leith area of the city since our arrival, the past 14 months within the Platinum Point development at Western Harbour next door to Leith. We have appreciated the great places within the area, all within walking distance of home – eating places (some Michelin star) as well as art and cultural activities.

Obviously the August festival period has been a great attraction and we continue to be amazed at the great influx of visitors from far and wide, coming to Edinburgh for this well known and appreciated facet of the city. Certainly, we continue to enjoy and appreciate our time in Edinburgh.

My wife and I moved to Edinburgh from Australia, a little over three years ago, so I could take up my job with Spire Healthcare in Edinburgh.

Wally bourdelov, Director Spire Healthcare, Edinburgh Hospitals

Clydesdale Bank has announced that it advanced £2.1 billion of new lending to business customers in just six months, a 62% increase on the same period last year.

The bank says that it remains on-track to deliver its promise of £10 billion of new lending to UK business and mortgage customers, including many in Scotland, by October. Overall, the Bank has advanced £8 billion of new lending in the past 18 months.

Business lending has been boosted by the Bank’s Investing for Growth initiative, launched last spring across its 73-strong network of Financial Solutions Centres (FSCs), 15 of which are in Scotland including Glasgow, Edinburgh, Aberdeen, Stirling, Ayr and Dunfermline, and which are designed to help businesses grow and develop.

Scott McKerracher, Regional Director for Clydesdale Bank in Scotland, said: “We’ve listened carefully to businesses, from SMEs through to UK corporates, and have consistently presented a level of support and dedication which is much needed by UK companies. Despite the subdued market demand for credit, we have continued to offer genuine financial choice in the market. “

Increased business lending announced by Clydesdale bank

Inspired to relocate from australia to edinburgh…

Page 8: Business Comment #12

August/September2011 BC 98 BC August/September2011

businessnews

StayoneStepAheadwithfreebranding&marketingadvice;call08447362992

The new Business Growth Fund (BGF) is considering investing in ten UK businesses looking for long-term growth capital.

Over the next few years, the BGF is expected to invest in hundreds of UK businesses that need funding to create new products and services, sell to new markets and create jobs.

Sir Nigel Rudd, Chairman of the BGF, said: “I believe the Business Growth Fund offers a real ray of hope to companies that are emerging out of recession.

“Companies that have the confidence, ambition and ability to seize new opportunities and new markets in the UK and abroad. Our ambition is nothing less than to create the household business names and listed companies of tomorrow.”

Business Secretary Dr Vince Cable said: “The Business Growth Fund is ready to make substantial equity investments into ambitious mid-cap British companies who are set to create the business success stories of the coming years.

“Alongside new government support for exporters and commitments made by the banks to increase the credit available to businesses of all sizes, this private fund will provide crucial support to the firms generating the employment our economy needs.

“Good investing requires local connections to find and assess opportunities, so for the Fund to have a presence outside London - in both Birmingham and Edinburgh - is particularly heartening. British businesses must have access to the growth capital they need, wherever they are based.”

Backed by five of the UK’s largest banks working in collaboration with the British Bankers’ Association, the Business Growth Fund is one of a series of measures to help small and medium sized UK businesses grow out of recession.

Fund aims to promote growth

Marketing festival seeks to build on successFollowing the success of the inaugural Edinburgh International Marketing Festival last year, the next one will be held in the city on August 25.The vision of the festival is to celebrate the impact of marketing in all its forms and the central role that creative agencies and individuals play in driving its contribution to economic and social growth.

Once again, founding partners creativebrief, Assembly and The Marketing Society will be working with the main industry associations, together with The City of Edinburgh and Creative Scotland, to promote the industry on a global stage.

This year will see a series of events culminating in an industry reception at Waverley Gate in Edinburgh, hosted by creativebrief and EIMF partners, The City of Edinburgh and Creative Scotland.

Tom Holmes, joint founder International Marketing Festival and Chairman of creative brief, said: “We were absolutely delighted with the success of the 2010 Festival in Edinburgh and look forward to building on this success in 2011, providing a major platform for the 2012 Festival. Marketing affects all our lives, every day, and this influence will only grow – that’s why we’re developing this Festival and broadening its reach and subject matter across continents and industries.”

More information is available on www.eimfest.com

Page 9: Business Comment #12

August/September2011 BC 9

by Cliff Lockyer,The Fraser of Allander Institute, University of Strathclyde, Coordinator of the Scottish Chambers’ Business Survey

In many respects, 2011 will not be remembered as a good year.

Economic policies in Greece continue to be dominated by reform and the possibility of debt default with its implications for the Eurozone and impact on the international economy. The job revival in America continues to be weak and rising inflation in China and India is adversely impacting on growth.

At home, surveys covering the second quarter of the year increasingly reported differences

between manufacturing and the service sectors. Those covering manufacturing reported rising demand, activity and limited employment growth, although Oil & Gas UK noted a sharp downturn in longer term activity as a consequence of the increase in the Supplementary Tax charge in the sector.

Once again, common themes in the surveys covering the Scottish retail sector, in addition to the longer term trends of the increase in online sales and increasing

competition amongst the major multiple retailers, have been exceptional events influencing sales. The harsh winter was followed by tough conditions in February and March and the upturn in sales in April reflected additional public holidays, Easter and a spell of good weather. The latest available figures suggest continuing weak consumer confidence, falling sales and rising costs.

A general theme in the surveys covering the first half of 2011

have been rising cost pressures, rising raw material and energy costs and, especially in retail and tourism the impact of inflation and consumer uncertainty on sales trends.

Rising price pressures and weak demand are expected to continue and for many Scottish businesses the combination of slow and patchy growth, limited improvements in turnover, rising costs, pressures on margins and declining trends in profitability will pose real problems in 2011.

economic surveys reflect uncertain times

Cliff Lockyer

Optimism among the finance directors of large UK corporates has fallen for the second consecutive quarter to its lowest level in more than two years, according to the latest Deloitte CFO Survey.

The results mark the sharpest decline in corporate optimism since the wake of the collapse of Lehman Bros in September 2008. CFO optimism about the financial prospects for their own businesses is at its lowest level since 2009, when the UK economy was in recession. Confidence that the recovery can be sustained has also taken a knock. On average, CFOs see a 33% chance of a double dip.

Ian Steele, senior partner for Deloitte in Scotland and Northern Ireland, said: “The continued squeeze on UK consumer spending power seems to be weighing on corporate sentiment. Over the last year, real disposable

incomes have fallen by 2.7%, the fastest rate of decline since 1976.

“The mood of caution is reflected in a tilt in the balance sheet strategies employed by finance chiefs. CFOs are placing more emphasis on cost control and increasing cash flow than at any time in the last year.”

Ian Stewart, chief economist at Deloitte, said: “There is also a growing belief that the upswing in corporate revenues is likely to slow over the next 12 months. A year ago, the dominant view among CFOs was that profit margins were on the rise. Today, the balance of opinion is that margins are set to narrow. CFOs believe that the period of strong growth in profit margins is drawing to an end.

“However, while CFOs have become more cautious, this has not dented their willingness to take greater risk on to their balance sheets.”

Business optimism falls back

Page 10: Business Comment #12

Business innovation gets a boostScottish SMEs can now access a range of expertise, facilities and funding to boost innovation and profitability, through a £2.3 million initiative led by Edinburgh Napier University.

The initiative is one of the first of its kind and offers SMEs unique access to a network of nine University and College partners from across the East of Scotland, providing a gateway to a range of support designed to assist in the development of innovative products, processes and services.

Support provided by the initiative will focus on priority sectors including creative industries, energy & renewables, food & drink, informatics, life sciences & healthcare, manufacturing, sustainable construction, tourism and rural business.

To help develop projects between SMEs and academic partners, the initiative has access to an innovation fund. The initiative can also assist SMEs to access additional sources of funding support such as Innovation Vouchers, Knowledge Transfer Partnerships, SMART awards and R&D Grants.

Partners in this initiative include: Queen Margaret University, University of St Andrews, Carnegie College, Elmwood College, Jewel and Esk College, Oatridge College, Edinburgh’s Telford College and Stevenson College Edinburgh.

The initiative is part funded by the European Regional Development Fund (ERDF) and the Scottish Funding Council’s SEEKIT fund.

For further information contact Samantha Penn on: 0131 455 6311, email: [email protected]

www.napier.ac.uk/ei

edinburghnapierinstitutesofresearchandinnovation

Institute Director

Edinburgh Institute for Leadership & Management Practice Professor Charles Edwards

Employment Research Institute Professor Ron McQuaid

Institute for Science & Health Innovation Professor Keith Nicholson

Institute for Creative Industries Professor Robin MacPherson

Institute for Informatics & Digital Innovation Professor Jessie Kennedy

Institute for Product Design & Manufacture Professor Ian Hunt

Institute for Sustainable Construction Professor Sean Smith

Forest Products Research Institute Professor Philip Turner

Transport Research Institute Professor Kevin Cullinane

10 BC August/September2011

Impact through innovation

Supporting Scottish businesses through a £12m investmentHelping you fi nd viable solutions to real world challenges by sharing our specialist skills, training, facilities, technical support and grants.

We give Scottish businesses like Ingenza easy access to the expertise and experience that can really make a difference. Contact us to fi nd out how we can do the same for you.

Visit www.napier.ac.uk/business

Dr Robert Speight, Ingenza Bio-company

Edinburgh Business Connect Ad FP.indd 1 01/07/2011 13:38

Edinburgh Napier University invests £12m to help businesses

Edinburgh Napier University has established nine Institutes of Research and Innovation in sectors identified as key growth areas by

the Scottish government. The Institutes give businesses an easy access point to the wide range of expertise within the University.

They can offer your business direct technical support, grants, specialist skills, training, CPD, facilities and equipment.

The University is particularly keen to engage with small and medium-sized enterprises which account for the majority of Scotland’s business community.

www.napier.ac.uk/business

Oscar-winning techniques brought to boardroom One of the world’s leading voice coaches is bringing his tricks of the trade to Edinburgh Napier students on the MSc in Advanced Leadership.

Poll Moussoulides has helped thousands of people improve their vocal habits and has worked on around 50 feature and TV

films with the likes of Mia Farrow, Whoopi Goldberg, Robbie Coltrane, Joss Stone, Elijah Wood and Pierce Brosnan.

And now the voice coach is teaching Scotland’s next leaders how to use the skills of Hollywood’s elite to make an impact in the boardroom.

The course, which is used by the likes of Scottish & Southern Energy and Spire Hospitals to develop their future leaders, involves 18 months of coaching in all aspects of leadership, including communication, negotiation, influence and change.

www.napier.ac.uk/eiPollMoussoulides

Page 11: Business Comment #12

Impact through innovation

Supporting Scottish businesses through a £12m investmentHelping you fi nd viable solutions to real world challenges by sharing our specialist skills, training, facilities, technical support and grants.

We give Scottish businesses like Ingenza easy access to the expertise and experience that can really make a difference. Contact us to fi nd out how we can do the same for you.

Visit www.napier.ac.uk/business

Dr Robert Speight, Ingenza Bio-company

Edinburgh Business Connect Ad FP.indd 1 01/07/2011 13:38

Page 12: Business Comment #12

August/September2011 BC 1312 BC August/September2011

The Scottish Low Carbon Investment Conference is a key component of the Scottish Low Carbon Investment Project, a Government-backed initiative. Other key partners are Scottish Enterprise, Scottish Futures Trust and Edinburgh Chamber of Commerce, who are also the conference organisers.

The two-day event, which follows the success of last year’s conference, takes place at Edinburgh International Conference Centre on September 27-28.

Speakers will include Mr Gore, a former US Vice-President who won the Nobel Peace Prize and several awards for his documentary, An Inconvenient Truth.

Also speaking will be First Minister Alex Salmond, Lady Susan Rice of the Lloyds Banking Group. Paul Brewer of PWC and Colin Hood of Scottish & Southern Energy.

Martin McAdam, Chief Executive of wave energy company Aquamarine Power, said:

“Our next step, of delivering commercial technology and building a green export industry here in Scotland, can only be achieved through attracting significant private sector investment.

“The Scottish Low Carbon Investment project and conference is a great opportunity for the Scottish Government and its partners to demonstrate leadership in this area, not just by bringing investors and companies together but by making Scotland the place to invest and ensuring government policy encourages private investment in green technology.”

The Scottish Low Carbon Investment Conference will bring together the project and innovation communities with investors from banks, fund managers and venture capital companies.

Ron Hewitt, Chief Executive of Edinburgh Chamber of Commerce, said: “It is gratifying that the sector is so supportive of all of the work that is going into the project and the Conference. We will work with those involved in the sector and with the financial community to identify and debate the risks and rewards, opportunities and challenges within the renewables arena.”

Scotland has set Europe’s most ambitious carbon reduction targets, and is planning to invest £140 billion on projects and developments that will realise its carbon reduction programme. With a quarter of both Europe’s tidal and offshore wind capacity, and 10% of its potential in wave power, as well as significant opportunities in hydro-power, onshore wind and biomass, the Scottish Government aims to ensure that Scotland has a truly world-leading renewable energy sector.

A conference website has been established at http://www.slciconference.com

Former US Vice-President to address conferenceAn international conference designed to help grow Scotland’s low carbon economy has received strong backing, including from American environmental campaigner Al Gore.

Aquamarine Power named one of UK’s best workplacesWave energy developer Aquamarine Power has been named one of the best workplaces in the UK and Europe by the Great Place to Work Institute UK.

The company achieved second place in the UK’s Best Small Workplaces category and was also named one of Europe’s best workplaces.

Aquamarine Power also won the Learning and Leadership for Sustainability Excellence Award.

Earlier this year, Edinburgh-based Aquamarine Power was also named one of the best places to work in Scotland, coming second overall in Scotland’s Great Workplaces Awards, as well as winning the Leadership Excellence Award.

Martin McAdam, Chief Executive Officer of Aquamarine Power, said: “We are tremendously proud to have been named one of the UK’s and Europe’s best workplaces. At Aquamarine Power, we have worked very hard to build an organisation where trust, respect and job satisfaction are central to everything we do. This award is a reflection of how much we have achieved.”

Al Gore.

Page 13: Business Comment #12

bethebest

The business base in Edinburgh is diverse with over 16,000 firms. The city has a number of key strengths with strong academic, research and scientific sectors. Small to medium enterprises account for 94% of businesses in the city.

Many businesses, however, struggle to fulfil their ambitions through lack of appropriate support, and management capability, during important growth phases

Executive Skillsbank offers a unique facilitation service whereby managers and professionals who have been made redundant or are facing redundancy have been invited to register on the skills bank, a searchable database which logs their skills, experience and areas of expertise.

The idea is simple; match available managers and executives to businesses who have plans for growth. The managers provide a business mentoring service to the firms on a voluntary basis (with the company covering reasonable expenses) during a time-bound, structured, period.

Businesses using the service are encouraged to consider offering the participant a position following the agreed period of mentoring.

Benefits for the local economy include:-

• Reducing the outward migration from the city of management personnel

• Increasing the diversity of skills within the city

Benefits for businesses can include:-

• Growth in turnover

• Advancement of growth plans

• Jobs created or safeguarded

• Review of business systems and increased efficiency

Any interested parties please call Fraser Lusty on01312213172

Executive Skillsbank is a project provided by Edinburgh Chamber of Commerce in partnership with the City of Edinburgh Council and Business Gateway.

August/September2011 BC 13

How to get the skills to ensure your business grows to reach its potential.

executive skillsbank

getting back on track with the tram project Work will start on Princes Street in September as part of the development of the city’s tram system.

Originally, the idea was to begin in July, to allow the programme to accommodate the summer and winter festival periods and finish as early in 2012 as possible. However, after considering the feedback from city centre stakeholders, elected members and representatives of transport bodies it has been decided that the work should be delayed until early September instead.

Dave Anderson, Director of City Development, said: “Throughout this process it has been necessary to balance the need to address the problems inherent in Princes Street at present, whilst mitigating the impact that the works will have on the city, its businesses and its festivals. I can assure all stakeholders that their contributions to

date have been valuable, informed our decision making process and will also help define the full plan for mitigation measures we will undertake going forward.”

The plan will now be to implement the traffic diversion in the weekend prior to the works starting on 5 September. This means that Princes Street will have more public space available for spectators for the Edinburgh International Festival Fireworks, the finale of the Festival season on Sunday 4 September.

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FindoutmoreaboutourPartnersinenterpriseonourwebsite:www.edinburghchamber.co.ukinthe‘Aboutus’section.

Scotland’s largest independent firm of chartered accountants, Johnston Carmichael, clinched the Best Medium Firm of the Year award for the fourth consecutive year at the Scottish Accountancy Awards.

Johnston Carmichael beat off competition from Anderson Anderson Brown and Campbell Dallas at the third annual awards ceremony, held at the Hilton Hotel in Glasgow.

Johnston Carmichael has offices in Aberdeen, Inverness, Edinburgh, Fraserburgh, Elgin, Glasgow, Forfar, Huntly, Inverurie and Perth, and currently employs more than 450 people throughout the country.

The firm has expertise across sectors including construction, agriculture and rural property, energy services, engineering, fishing, food and food processing, hospitality, dentistry, pharmacy, medical, healthcare and professional services sector.

For further information about Johnston Carmichael and all the services the firm offers, please call the Aberdeen office on 01224212222 or visit www.jcca.co.uk

Success for accountancy firm

Skanska, one of the world’s leading project development and construction groups, was named as the greenest company in the UK in the Sunday Times 2011 awards.

The Sunday Times Best Green Companies Awards were launched four years ago. Last year, Skanska was ranked as the best company in the construction sector and this year was named as the greenest company in the UK, all categories.

Johan Karlström, Skanska’s President and CEO, said: “We are very happy and proud of this award. It is an acknowledgment of that we follow our plan of being leading within green building, and an acknowledgement of our employees’ hard work and commitment to reach that target.”

Alastair McCall, editor of The Sunday Times Green List, said: “Skanska’s achievement in being named our Best Green Company cannot be overstated. It is the first time a large company with a high environmental impact has won the contest.

“Skanska has consistently demonstrated sector-leading commitment to reducing its environmental impacts and it is synonymous today with being in the vanguard of efforts being made to transform what was once one of our “dirty” industries.

“The company’s efforts to embed this green culture within the business are remarkable. Skanska has never finished out of our top five and it is one of only 15 companies to be included in all four of the Green Lists we have published. It is an achievement of which the business should be very proud.”

The ranking is based on an employer survey which covers environmental management policies, environmental training, energy consumption, waste production and recycling. This accounts for 70 percent of the final ranking. The second part of the process is an employee survey in which the staff rates 52 statements from “strongly agree” to “strongly disagree”.

Skanska named the UK’s Best Green Company

partnersinenterprise

Page 15: Business Comment #12

Much of business is about buying and selling and there is a quiet revolution taking place of which most of us are already a part.

According to the most recent figures from the UK Government’s Office of National Statistics, eCommerce is now worth more than £222 Billion. That makes it of a similar size to the Oil and Gas Industry.

What is even more remarkable is that it is currently growing at more than 36%. That means that it is growing at four times the growth rate of China during a supposed recession.

Making money from eCommerce sounds easy but the truth is that many who start out selling online fail. Everyone will have had the experience of a frustrating website that didn’t provide the information you wanted or led you through some over-complicated process of buying.

eCommerce is very competitive and unless you get everything absolutely right then customers move to another website. Converting sales is even harder when trying to target an international market as there are so many cultural changes and nuances to consider,. Bohemia Design, over the past 18

months, has moved from a traditional retail business in Edinburgh with four shops and a web presence to a high growth e-commerce business thanks to a new website and service built to cater for an international market. Today, Bohemia deals with 36 countries with sales as far as Japan, South Korea and America.

Now, Bohemia Design turnover online in two months what they turned over in a year in one of their shops.

They sought help from Business Gateway and Scottish Enterprise to find the right web development agency to work with and to help them grow.

Now, Pete Mowforth, of INDEZ, who works with Jenny Lockton, founder and owner of Bohemia Design, has given us his top tips to creating a successful eCommerce business, including:

1. Use Google Trends (it’s free) to see what products are hot and what are not in different countries.

2. Tailor your site to international markets.

3. Get your target market customers to test the site.

4. Measure everything, analyse everything and optimise everything, install Google analytics (again it’s free) and regularly evaluate the results.

5. Make sure your eCommerce supplier can provide you with both, and don’t allow it to be a mystery to you - do your research and understand what is happening.

6. Think of marketing as a “money making machine” rather than a “business cost”.

www.bohemiadesigns.co.uk

www.indeZ.com

August/September2011 BC 15

goinginternational

Jenny Lockton

e commerce – think internationally !

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Inspiringconnections

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Based in the UK, Sandy Flockhart has global responsibility for Commercial Banking and HSBC’s European, Middle East, African and Latin American businesses. He is also a member of the HSBC Holdings plc Group Management Board. During previous senior positions, Sandy has been posted to Hong Kong, Mexico, USA, the United Arab

Emirates and Qatar. Given his extensive overseas experience, Sandy shared his views on the current and emerging global business landscape, and what opportunities it presented for Scottish businesses.

premier series Dinner with HsbC bank plc

Sandy Flockhart, Chairman, HSBC addressing the dinner guests

Lynda Millar of 23 Melville Street chatting with Stephen Brown from Aon Limited

Rebecca Davies from Rebecca Inspires, inspiring Austin Flynn of Morton Fraser LLP

Helen Highley, Brightpurpose enjoying the evening’s event with Erick Davidson, Tayburn Limited

The Premier Series dinner in June featured HSBC’s Chairman Sandy Flockhart

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Summer started with a bang! The Edinburgh Chamber Summer Party was enjoyed by all who attended at Divino, Edinburgh’s newest wine bar. There was excellent food, wine and music at this relaxed networking event.

Awaiting the night’s proceedings were Norman Harris and Esmond Toney from Ecool Designs

Roger Colkett, Brightedge and Caroline Treanor, Tods Murray LLP having a catch up

The live music created a fun and relaxed atmosphere

Laura Reid and Caroline Deveney of Davidson Chalmers LLP enjoying the party

Looking Spotless: Gillian Munro from Spotless Commercial Cleaning

The fine wine was enjoyed by all including Suzanne Gibson of Eero & Riley, Laura Reid from Davidson Chalmers LLP and Jim Hiddleston of RBS Group

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Edinburgh college principals Mandy Exley, of Jewel & Esk, and Brian Lister, of Stevenson, have revealed plans to join forces and create a new college for the city region.

With more than 1,000 staff and over 20,000 students, the new college would be the second largest in Scotland and in the UK top 20, based on a combined turnover of almost £50 million.

It would contribute more than £100 million to the city region’s economy and develop centres of excellence in areas like clean technology and creative industries.

The colleges launched the consultation process on July 6 to ask all interested parties what they think of the plan.

Their consultation lays down a firm commitment to support communities in Edinburgh, Midlothian and East Lothian. It says: “The new college should also enhance opportunities for campuses without walls, using technology to offer learning to those who find it difficult to access a college building on a regular basis, also benefiting more rural areas within Midlothian and East Lothian.”

According to the colleges, just a small increase in international student numbers to 2,000 a year means that £13 million will be pumped into the local economy. Overall, the contribution for the merger could rise to as much as £120 million.

The document also says the new college will develop Centres of Excellence in three key economic growth sectors, Energy & Clean Technology, Creative Industries and Tourism.

Brian Lister OBE said: “The consultation document highlights the ambition of the new college to enhance its global operations, while also improving its service to local communities and the regional and Scottish economy.

“We believe the new college will deliver an enhanced service at all levels – local, regional, national and international.”

Mandy Exley said: “The people of Midlothian and East Lothian can be confident that the new college is committed to enhancing its service to these areas, both to students and to partners who work with the college.”

The consultation period runs until September 30. No decision has yet been taken on the name of the new college.

principals launch new college plan

Grahame CunninghamMemorial AwardThe Edinburgh Chamber of Commerce Premier Series dinner staged with HSBC Bank featured the award of a prize which recognises contributions to business life in Edinburgh.

Presented every year, the Grahame Cunningham Memorial Award is awarded in memory of the former Director of the Edinburgh Chamber of Commerce, who was active in the city’s business community and had a particular interest in businesses that promoted social inclusion.

This year, the seventh time the award has been presented, the prize went to Citidogs, which was created by Sandy Maxwell-Forbes and Sarah McLean in March last year.

Having both experienced the anxiety of having to manage careers and the feelings of guilt surrounding leaving their dogs at home alone, they set up the Citidogs Crèche as an exclusive dog day care centre.

Citidogs also recognises the difficulties young people and students eager to work in the pet industry face trying to gain practical experience whilst studying or transitioning into a new career, so works alongside ProjectScotland, Scotland’s Youth national volunteering organisation, and Oatridge College, Scotland’s largest land-based college whose specialities include animal welfare. By providing work experience otherwise unavailable to young people and students, Citidogs gives them the confidence, experience and encouragement to follow their dream.

Elaine Cunningham presenting the Graham Cunningham Memorial Award 2011 to Sarah McLean and Sandy Maxwell-Forbes of Citidogs Creche

Page 19: Business Comment #12

60secondsName: graeme Hogge Company Name: nexus24 LtdWebsite: www.nexus24.co.uk

q In five words or less, what do you do?

A Design, Advertising, Marketing, Branding, Production.

q How long have you been a Chamber member?

A Since 2007.

q Why did you join?

A Networking and access to other professional services such as legal and HR.

q What services do you use?

A Mainly networking and have attended the odd seminar.

q What’s the best business/benefit you have won through the Chamber?

A Met one client at a networking event which I ended up working with on a few projects.

q Are there any additional services or information you’d be particularly interested in?

A Can’t think of anything right now.

q If you were telling another business person about the Chamber, what’s the first thing you would say?

A Great for simple advice, networking and support if you need it. When starting out you can’t really beat it – getting to meet and chat to other people in the same boat.

q Where do you read your copy of Business Comment?

A Office normally.

August/September2011 BC 19

Growth has been evenly spread throughout the firm’s focus areas with recent improvements in the Real Estate market reflected in a 13% rise in income from that sector.

Semple Fraser has also appointed five new trainees to its Glasgow and Edinburgh offices, and promoted two of its solicitors. Charlotte Johns, a dual qualified solicitor and barrister, has been promoted to Director, Head of Employment, and real estate specialist Mark Colquhoun has been promoted to Associate.

In addition, the firm has recently appointed two solicitors, Rebecca Mills and Rhian

Owen, who join the rapidly expanding Manchester team. Rebecca and Rhian join Semple Fraser’s corporate group which is praised by Chambers as being "responsive and commercial", and which recently recruited Partner Simon Wallwork to its Manchester office.

Managing Partner Alister Fraser said: “We have been experiencing a steady improvement in sales over the past 18 months and we go into the new financial year a stronger, more capable and more collaborative firm. Our Manchester office has grown rapidly since its inception at the end of 2009 and has allowed us both

to deliver services to a wider client base, as well as provide our existing clients with an increased service range in England.”

Simon Wallwork, Corporate Partner, said: “I joined Semple Fraser six months ago since I shared their clear strategic and industry focus and could see how their specialists were working collaboratively both to get a clear grasp of what is going on in their target industries and thus to serve clients within these industries better. Things are developing extremely well and I am delighted that Rebecca and Rhian are joining the team. I am sure that they too will be an asset to our clients, both north and south of the border.”

Law firm produces positive figuresLeading commercial law firm Semple Fraser LLP has announced 11% growth for 2010/2011.

Page 20: Business Comment #12

t +44 (0)131 651 2189edinburghfirst.co.uk

From prestigious and iconic University of Edinburgh venues to our state-of-the-art John McIntyre Conference Centre, Edinburgh First offers an incomparable range of venues, accommodation and catering options. We deliver great service at good value and recognise that �exibility is key to delivering successful events.

15 venues1000 theatre style500 reception2000+ bedrooms400 flats

Contact our team on

August/September2011 BC 21

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t +44 (0)131 651 2189edinburghfirst.co.uk

From prestigious and iconic University of Edinburgh venues to our state-of-the-art John McIntyre Conference Centre, Edinburgh First offers an incomparable range of venues, accommodation and catering options. We deliver great service at good value and recognise that �exibility is key to delivering successful events.

15 venues1000 theatre style500 reception2000+ bedrooms400 flats

Contact our team on

August/September2011 BC 21

Lost property – it’s yours, claim it

Research and Development (R&D) tax credits have supported nearly £52 billion of R&D activity in the UK in the last decade, with many Scottish-based companies deriving significant benefits from the regime. However, there is real concern that many businesses, including many based in Scotland, are still missing out because they do not realise that the activities their technical teams and engineering teams are involved in, is qualifying R&D.

Sandra Gilchrist, director in the R&D tax services team at Deloitte in Scotland, explains how R&D credits could improve your company’s bottom line while you seek to achieve the competitive edge.

Whatarer&dtaxcredits?R&D credits are a form of tax relief available to companies in the UK. Credit is made available either in the form of an enhanced tax deduction (a ‘super’ deduction) based on eligible R&D expenditure or, for certain loss-making small or medium sized companies (SMEs), in the form of a cash tax credit from HMRC. To claim relief, a company must be undertaking eligible R&D.

Whatis‘qualifying’r&dandwhoiseligible?First of all, let’s banish all preconceived ideas that R&D is only relevant to those working in laboratories and wearing white coats. This is not the case. The technological criteria in the BIS Guidelines is set at a deliberately high level, to assist in the application to a wide range of

company types and business sectors, including manufacturing, engineering, IT, construction, pharmaceuticals, life sciences, energy, infrastructure and utilities and more. Additionally, the technology “hurdle” is actually not as high as most companies expect, and in many situations, work that is considered technologically challenging will meet the eligibility requirements. R&D is not just about new products or process development, but may also be driven by improvements to existing products and processes, or the need to meet challenging new regulatory or customer demands.

Whatcostscanbeclaimed?Typically, an R&D claim includes salary costs for staff engaged in eligible R&D projects, fees paid to staff providers for individuals hired to directly assist you with your R&D and the cost of materials used up in R&D, including fuel, power and water. Software licences and certain subcontracted costs can also be claimed.

Howmuchcouldmybusinesssave?From 1 April 2011, SMEs can claim a deduction equal to 200% of qualifying R&D expenditure from their taxable profits each year, while larger organisations can claim a deduction equal to 130% of the eligible R&D spend. Loss making SMEs can surrender that element of their loss that relates to R&D and claim a cash-back payment worth c25% of qualifying R&D expenditure from HMRC each year.

Howandwhendoimakeaclaim?Claims can be filed directly with HMRC in your Company Tax Return at the end of each financial year. An ongoing consultation process on R&D tax credits is working to simplify the claims process and make the criteria for identifying and claiming qualifying R&D clearer.

At Deloitte, we have a team of qualified engineers to assist our clients in a variety of ways. We offer a flexible range of services, from short consultations to preparation of end-to-end R&D claims, ensuring bespoke solutions tailored to meet the requirements of each organisation.

Remember – it’s your relief, claim it.

Sandra Gilchrist Director in the R&D tax services team at Deloitte in Scotland.

T: 01413045036 E: [email protected]

“If britain is really to become a home of innovation, then we want research and development to take place not just in our great universities, but in our smaller businesses too.” Chancellorgeorgeosborne-Budget2011

SandragilchristDirector in the R&D tax Services team at Deloitte in Scotland

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SPeCiAlFeAture

David Nish, Chief Executive, Standard Life

meeting the challenges of a changing financial world

When David Nish stands up to deliver his speech at a Chamber dinner in early September, he will be addressing the long-term savings and investment challenges facing Scotland and the UK more broadly.It‘s a subject he is well placed to talk about. He joined Standard Life in November 2006 as Group Finance Director and became Chief Executive on 1 January 2010. Prior to joining Standard Life, David spent eight years at Scottish Power, first as Finance Director and then as the Executive responsible for Transmission and Distribution networks. Before this, he was a partner with Price Waterhouse, where his clients included major PLCs.

His job at Standard Life includes helping people to think about how they manage their finances. David said: “A challenge to our industry is the current savings culture in the UK. At present, too many people are failing to save sufficiently, or not at all. Standard Life’s latest research with the Life Academy charity shows that only 51 per cent of adults are actively investing in their financial future.

“Solving this problem will not be easy and there is no quick fix. A programme of sustainable change is required over the course of 10 to 20 years and the industry will need to work with policy makers and other stakeholders as never before to achieve the required outcome.

by John Dean

Coverfeature

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“This partnership approach is already beginning to take shape. A welcome political consensus is emerging around the need to increase levels of long-term saving and the reforms necessary to deliver it. For example, the introduction of automatic enrolment into workplace pension schemes from next year has the potential to make a real difference. This will help to bring many people into long-term saving through the workplace for the first time.”

The company says it is in a strong position to take advantage of that situation and David said: “Standard Life weathered the financial crisis exceptionally well. This can be attributed to a disciplined approach to financial and risk management. This created a strong capital base which has placed us in a good position as the economic recovery continues. Our business model is a ‘capital lite’ approach which has helped us to remove unrewarded risks and provided stability to the business.

“Standard Life is well placed for future growth and supports initiatives to close the long-term savings gap in the UK.

“There is a perceived conflict between the need to increase long-term savings and the need to support consumer demand to get the economy going again. But I think this is a false dichotomy. A fundamental rebalancing of the economy is vital to the country’s future well-being. And strong flows of investment – which are based on individuals’ savings – are vital to supporting the future infrastructure investment that the UK needs.”

The company recognises that employers have to evolve to meet these challenges. David said: “Against this backdrop, it’s inevitable that employers will assume an increasingly important role in helping employees manage their financial future. So we’ve taken steps to address this through the ongoing development of ‘Lifelens’ – an innovative employee pension and benefit platform. This will assist employees with their financial planning and enable employers to better fulfil their important supporting role.

“A further reform that should bolster long-term savings, and a key area of focus for Standard Life, is a major overhaul of how pensions, savings and investment are sold. This is known as the Retail Distribution Review, which from the 31st December 2012 will ban providers from offering commission to advisers. The ambition of this, which Standard Life strongly welcomes, is

to increase transparency and, produce better outcomes for consumers by giving them clarity and greater control over the cost of advice. Again, we are well placed, having stopped paying commission in most of our market segments five years ago.

“In 2010, we began a three-year transformation programme, which is well under way and we need to ensure it continues to embed across our entire business. The programme focuses on developing a more customer focussed company, while making sure we develop our talent, drive a high performance culture and operate as a more nimble and adaptable organisation.

“We also kicked off a step up in our investment plans to develop new propositions and services for our customers. We are seen as a market leader with a strong record of innovation and we have launched several new propositions this year already. Standard Life Investments continues to grow its global footprint. Overseas our business in Canada is developing its business similarly and our joint ventures in India and China present great opportunities. We are on track to deliver against our objectives.”

David will address the Chamber’s Premier Series Dinner at The George Hotel, Edinburgh, between 5.30pm and 9pm on Monday September 5 and sees working with the organisation as important.

He said: “Edinburgh is a vibrant city and Edinburgh Chamber of Commerce plays a vital role in ensuring the capital’s companies

are well represented to be able to maximise opportunities both home and abroad.

“A key priority for Standard Life is that Edinburgh and Scotland more broadly remains a strong platform from which businesses such as ours can continue to compete successfully within the UK and internationally.

“We’re keen to play our part in ensuring Edinburgh develops and enhances its positions as one of Europe’s financial powerhouses. The Chamber plays an important role in making sure the city continues to attract talent and secure investment, while having the right business infrastructure in place to allow companies to operate successfully.”

dAVidniSHFACtFile

n Was recently appointed as Chair of the ABI’s Long-Term Savings and Insurance Committee, a key body for examining savings issues and promoting better outcomes for consumers.

n From 2005 to 2010 was a non-executive director of Northern Foods plc

n In 2004/05, served on the UK Government Employers Pension Task Force.

n In 2000 and 2009, he was named Finance Director of the Year at the Scottish Business Awards.

n Has been married for 27 years and has two children, a 23 year old daughter and a 20 year old son. Interests outside the workplace include travel, hill walking and trekking – having climbed to the summit of Mt Kilimanjaro in 2005 and reaching Mt Everest base camp in 2006 – as well as a keen interest in cycling and watching rugby.

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Festivalspecial

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Edinburgh’s reputation as a year-round festival city is delivering significant benefits for local businesses, according to independent research.

The work, the largest programme of research ever undertaken into Edinburgh’s twelve major festivals, was based on 15,000 survey responses over a twelve-month period.

Not only did the research underline the importance of the festivals to national and city pride, it also confirmed that the events are worth many millions of pounds to tourism and associated sectors.

According to the Edinburgh Festivals Impact Study:

n The festivals generated more than a quarter of a billion pounds worth of additional tourism revenue for Scotland (£261m) in 2010. The economic impact figure for Edinburgh is £245m.

n The festivals raise the profile of the city with 93% of visitors stating that the events are part of what makes Edinburgh special as a city, 82% agreeing that the festivals make them more likely to revisit Edinburgh in the future and 82% stating that the festivals were their sole, or an important, reason for coming to Scotland.

n 85% of all respondents agree that the festivals promote a confident, positive Scottish national identity; and 89% of Edinburgh respondents say that the events increase local pride in their home city.

n The festivals encourage and widen access to the arts, with 77% of audiences saying that they had enabled them to discover new talent and genres, and nearly two-thirds saying that the festivals encourage them to take risks and see less well-known performances, events or films.

n 93% of parents agreed that attending festival events as a family increased their child’s imagination.

Chair of the Festivals Forum, Lady Susan Rice, said: “Edinburgh’s Festivals are a cultural phenomenon, celebrated globally and treasured locally. They are one of Scotland’s most visible assets and, thanks to this study, we now have a clearer understanding of the breadth of their benefits reach across Edinburgh and Scotland.

“In a competitive tourism market and shifting economic climate, this study will be essential in helping us identify the best ways to ensure the festivals flourish for generations to come.”

Culture Secretary Fiona Hyslop said: “Year on year, Edinburgh’s world-renowned festivals continue to enchant audiences from home and around the world.

made in edinburgh: a cultural success worth £1/4 billion

Al fresco music at the Edinburgh Festivals

SPeCiAlFeAture

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“From our early days in government, we have shown our commitment to the festivals, establishing and investing in our Expo Fund which has produced award-winning creative collaborations and showcases Scottish artistic talent.

“In addition to the inherent cultural and social benefits our festivals bring to Edinburgh and to Scotland, this report highlights the significant economic benefits they reap with more than one quarter of a billion pounds of additional tourism revenue generated alone. The future is bright for Edinburgh’s festivals.”

Kath Mainland, Chair of Festivals Edinburgh, said: “This substantial new report firmly establishes Edinburgh as the world’s leading Festival city, and provides clear evidence that the most attractive aspect of the festivals for our audiences is the quality, range and diversity of what we offer. The combination of our distinctive world-class festivals is key to attracting both local and visiting audiences. Without this unique offering, the festivals would not make the much-envied economic, cultural and social contribution to Edinburgh and Scotland that we currently do.”

* The Edinburgh Festivals Impact Study was written by leading economic and social impact researchers BOP Consulting.

The twelve festivals covered in the study were Bank of Scotland Imaginate Festival, Edinburgh Art Festival, Edinburgh Festival Fringe, Edinburgh International Book Festival, Edinburgh International Festival, Edinburgh International Film Festival, Edinburgh International Science Festival, Edinburgh Jazz and Blues Festival, Edinburgh Mela, Edinburgh’s Hogmanay, Royal Edinburgh Military Tattoo and Scottish International Storytelling Festival.

A full copy of the report is available for download at www.festivalsedinburgh.com

VoicesofsupportMany other civic figures have welcomed the study:

Councillor Steve Cardownie, Festivals and Events Champion for the City of Edinburgh, said: “The Festivals are rightly a tremendous source of civic pride, both locally and nationally, and this study perfectly demonstrates how greatly they enhance the quality of life of Edinburgh citizens, as well as giving a huge boost to the City economy.

“While, of course, we cannot be complacent, this research once again reinforces Edinburgh’s position as the pre-eminent global Festival City. The study’s findings can now be utilised to promote all our festivals, to help develop new partnerships and generate new innovative strategies in the years to come.”

Paul Bush OBE, Chief Operating Officer for EventScotland, said: “Edinburgh’s festivals lie at the heart of Scotland’s reputation as a world-leading events destination. Their economic, social and cultural impacts, captured for the first time in this ground breaking study, demonstrate the wide range of benefits they deliver for Scotland.

“Collectively, Edinburgh’s festivals are a truly global cultural brand which showcase Scotland as the perfect stage for events. Welcoming visitors all year round, the Festivals generate significant economic impact for Scotland providing a world class platform for both Scottish culture and international artists.”

Andrew Dixon, Chief Executive, Creative Scotland, said: “This ground-breaking research confirms that the Edinburgh Festivals play a vital role in inspiring audiences to seek out new creative experiences.”

goodforbusinessThe study calculates that Edinburgh’s Festivals generate £261m for the national economy and £245m for the Edinburgh economy.

To put this in to context, the most recent independent economic impact figure for Golf Tourism to Scotland is £191m. The Festivals also sustain 5,242 full-time equivalent jobs.

Although the Festivals attract more than four million people every year, most of the expenditure goes to businesses rather than on ticket sale. Thirty seven per cent, or £41m, goes to accommodation providers, 34% to food and drink establishments, 6% to retailers and 9% is spent on transport.

Lena Wilson, Chief Executive, Scottish Enterprise, said: “Edinburgh’s Festivals are undoubtedly one of Scotland’s unique tourism assets and this latest study underlines not only the importance of the festivals in an economic context, but the impact that they have on a social, cultural and environmental level.

“The festivals deliver a wide range of benefits to a number of Scotland’s key priority sectors such as the creative industries and tourism sector and really help to give Scotland a distinctiveness that sets itself ahead of competitors. These findings will provide a sound basis on which to enhance and further develop Edinburgh’s festival offering to ensure we continue to compete as one of the top destinations in the world.”

“The festivals deliver a wide range of benefits to a number of Scotland’s key priority sectors such as the creative industries and tourism sector”

Artist gets ready for a show at the Edinburgh Festivals

“Year on year, Edinburgh’s world-renowned festivals continue to enchant audiences from home and around the world”

Page 26: Business Comment #12

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SPeCiAlFeAture

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In these uncertain economic times, investment in the training and development of your existing

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Page 28: Business Comment #12

Principal’s Address 9.30am

business comment 180x110_l.indd 2 23/06/2011 11:40

28 BC August/September2011

Every privately owned business will one day end up being sold or transferred. If you have worked hard over the years to build up a successful business and are aged 50 or over, it is now time to start thinking about how to enjoy that success.

It is almost always less expensive and less disruptive to develop a strategy over a period of time, therefore it makes good sense to consider an exit strategy sooner rather than later.

A well-conceived strategic exit plan can substantially reduce, defer or even eliminate the twin threats of Capital Gains Tax and Inheritance Tax and embrace your personal objectives, whether they are:

n To unlock some of the wealth tied up in the business

n To protect and grow your assets

n To generate an income

So you have planned your exit strategy – what next?

Please note that this is likely to involve services that are separate and distinct from those offered by St. James’s Place.

To discuss your exit strategy, and your ‘what next’, call John on 0131 4599200 or email [email protected] to make an appointment.

John Davidson (DipPFS) has a wealth of experience in providing financial advice to Business owners, and as a Partner of St. James’s Place has access to unrivalled expertise in tax planning, retirement planning, investments and corporate protection.

Find out more at www.johnscottdavidson.com

Page 29: Business Comment #12

Within that area there are eight science parks and research institutions at the cutting edge of science and technology, and links with four universities at the forefront of Scottish Higher Education.

Since their inception in the early 1970s science parks have become a key part of the infrastructure supporting the country’s technology-based firms.

Heriot-Watt Research Park was the first science park of its type in Europe and is the continent’s largest. It is co-located with the university – a science and engineering-centred institution – at Riccarton in West Edinburgh, minutes from the airport.

Another area in which the country is a world-leader can be seen in the Midlothian Life Science Cluster, which includes: the Roslin BioCentre, a world-leading ‘centre of excellence’ for life sciences and the location of choice for a wide range of successful companies; Easter Bush Campus – home to a world class animal health research consortium including the Moredun Research Institute, The Roslin Institute, world famous for Dolly the sheep, Royal (Dick) School of Veterinary Studies, and the Scottish Agricultural College.

Adjacent to Easter Bush is Pentlands Science Park, which was developed in the mid 1990s as the new home for the Moredun Research Institute, and which is the only example worldwide of a thriving Bioscience Park centred around an animal health and welfare research facility; and Edinburgh Technopole, a community of leading technology companies benefitting from interaction

with the surrounding cluster of research and technology organisations.

More than 1100 people work in this cluster – making it one of the region’s biggest employers.

On the western fringe of Edinburgh Science Triangle is Alba Innovation Centre in Livingston – a purpose built centre and one of the leading business incubators for innovative technology firms in the East of Scotland.

Edinburgh BioQuarter offers an optimum destination for biomedical research-based companies wishing to co-locate with the University of Edinburgh’s Medical School, the Queen’s Medical Research Institute, the Scottish Centre for Regenerative Medicine and a new 870-bed NHS teaching hospital.

A recent independent report showed Scotland has the quality of research to lead the life science industry in the UK and offered a pointer to the advantages of companies locating in a science park environment.

The report, from the Mobius Life Science Fund revealed that Scotland had the highest rate of bio-tech start-ups in the UK, and a higher level of new businesses than any other UK region, except the east of England.

The UK Life Science Start-up report was the first of its type looking at early stage life science firms, and it identified the area covered by Edinburgh Science Triangle as one of four life-science hot-spots in the UK.

Its author, Dr Glen Crocker, Chief Executive of BioCity Nottingham, said: “Given the likely reduction in public funds, what remains should be concentrated in the four ‘hot-spot’ regions of Edinburgh/Glasgow; M1 Corridor … Manchester/Liverpool and London/Oxford/Cambridge so more can be achieved from targeted government intervention.”

Commenting on the report, Malcolm Bateman Chair of the Edinburgh Science Triangle said: “A critical finding of the report was that companies within bioincubators are almost twice as likely to secure investment and the amount they receive is more than double that of non-bioincubator companies. These hubs of activity will also become an ever more important feeding ground for pharmaceutical companies aiming to identify new product opportunities.”

August/September2011 BC 29

WallaceBuilding,roslinBioCentre,roslin,Midlothian,eH259PP,Scotland-tel:+44(0)1312006387

Why should companies locate in science parks?EDINBURGH Science Triangle is one of Europe’s leading science and technology locations, stretching across the region from Livingston in West Lothian to the centre of Scotland’s capital city. It is home to around 100 companies with 1800 employees.

Page 30: Business Comment #12

30 BC August/September2011

Offices l edinburgh l dundee l inverness

Close Asset Finance LtdFlexible Finance to help your business grow

New & Used Assets, Hire Purchase & Lease Commercial Vehicles, Cars, Taxis, Machinery, Equipment

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Tel: 07900 211 425E-mail: [email protected]

Close Asset Finance Ltd is authorised and regulated by the Financial Services Authority

At Acumen, your future is our business. In today’s complex �nancial and corporate world you need reliable and professional assistance to manage your business and personal �nances. Our company philosophy is to ensure you achieve your business and lifestyle goals by o�ering an extraordinary level of customer care and innovation in the range of services we o�er.

Our quali�ed professional sta� work with, and for, clients on:

Accountancy and Audit Corporate & Commercial Service Corporate & Personal Tax Planning Outsourcing Sage 50 & Sage 200 Software

Acumen Accountants and Advisors Limited are a growing �rm of independent business advisors. Our range of services are bespoke and built around the needs of the small and medium owner managed business.We o�er unparalleled advice in cradle to grave �nancial independence. Contact us on 0131 221 0900 or [email protected] for a free consultation and see how we can help improve your business.

Acumen Accountants and Advisors20/22 Torphichen StreetEdinburgh, EH3 8JBTel: 0131 221 0900Email: [email protected]

Let us Maximise the Value of Your Land...

n Are you looking to develop land/buildings/estates?n Are you looking at possible renewable energy options? n Would you like to know if a development is feasible?n Are you experiencing town planning difficulties?n Have you been refused planning permission? n Are you extending existing buildings?

If the answer to any of these questions is yes, we can help.

Cockburn’s Consultants is a chartered town planning consultancy and we can provide development advice on projects of all sizes, specialising in the following areas:

n Planning Applications & Appealsn Environmental Impact Assessmentn Renewable Energyn Development Appraisalsn Project Management (PRINCE2 qualified)n Urban Designn Community Consultationn Waste Management

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We’re focused on Scottish business.In business, it’s the details that matter.

Which is why our Relationship Managers have always kept an eye on the Scottish market.

And because we’re local, we’ve got contacts and networks that can help your business grow.

For more information, speak to your local manager Andrew Hetherington on 07900 190788.

bankofscotland.co.uk/commercial

270x210_Micro_61711.indd 1 16/06/2011 10:55

Page 33: Business Comment #12

August/September2011 BC 33

Operations director Graeme Gordon urged businesses and the Scottish Government to back his Tartan Cloud initiative, whereby Scottish Cloud providers have greater opportunities to secure contracts in the domestic market.

Mr Gordon, who made his call at the Information and Communication Technology: Supporting Public Service conference at the University of Edinburgh, said: “The ICT sector in Scotland contributes 5% of Gross Value Added and it employs one in 20 individuals.

“To drive the sector forward and make the Tartan Cloud vision a reality, it is vital that Scottish-based companies look to the ICT expertise and services available to them locally, rather than opting for big names in overseas locations.

“However, there are challenges associated with this process and it won’t happen overnight. EU regulations restrict preferential treatment to local companies in a procurement process and there is still a lack of confidence or awareness in the services available.

“Other countries such as France and Germany manage to award a large percentage of their contracts, with almost all of their contracts below £1million to country providers. This is a model that I think Scotland can follow.”

Operations director seeks more support for Scottish IT sector

Graeme Gordon

Internet service provider Internet for Business has called for the Scottish public and private sector to open up the market for ICT and Cloud-based contracts.

Barnardo’s Works Edinburgh, an ESF funded project is the new name for NETworks.

Over the past year and a half Barnardo’s Works has worked with 71 long term unemployed 16 to 24 year olds from across the City of Edinburgh. Out of these, 31 young people have gone into independent sustained employment and 7 have taken up college places.

The key to the success of the project is three-fold: matching the right young person with the right employment opportunity; the openness and commitment of the employer; and the high level of support given to both the employee and employer by the Barnardo’s Works team.

For employers the programme offers:

n Pre-placement employability skills preparation.

n Up to 8 weeks placement (at no cost to the employer)

n 13 weeks subsidised waged period. (where we pay you half the wages)

n Industry specific training for each employee.

We would like to thank all the employers (and Chamber Members) who have engaged with Barnardo’s Works so far.

The employers have benefitted in several ways such as: having the chance to “test-drive” a new potential recruit; develop the experience and skills of the young person resulting in an employee who hits the ground running at day one of formal employment; having the support of Barnardo’s pre-placement programme and ongoing staff involvement; and maximizing the return on their investment in a new member of staff.

All of this, and vitally the employers have given a tremendous opportunity to young people.

We want to hear from you if you have a potential placement opportunity and would like to know more about Barnardo’s Works.

Please contact [email protected] Employer Liaison Officer 0131 559 3940

Young People Graduation Event held at Scottish Parliament with MSP John Park

Page 34: Business Comment #12

software | training | support

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Spending too much time on tenders with limited results?

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Tendering for public sector contracts is not for the faint-hearted but companies that make an effort to “up their game” and develop improved techniques for responding to competitive tenders will reap rewards.

Tender writing specialist - Intend Business Development - recommends some tips to make sure your public sector bids rise above the crowd:

• The Buyer can only mark what is on the tender or pre-qualification (PQQ) form. So write the tender assuming the Buyer knows nothing about your experience or skills.

• It’s a competition! Buyers may have many responses to read so you must provide evidence (not opinions) for why your goods, services or works are better than those of other tenderers.

• Think about what the Buyer really wants for this specific contract and create a checklist for high scoring

questions, rather than dropping in your “usual” answer.

• Develop a tender library with regularly updated information on your policies, staff profiles, details of previous/current projects and examples of well-written content for key business processes. This will leave you more time to work on key scoring questions for each tender or PQQ.

Intend Business Development has a proven track record helping companies in all business sectors improve their tender and PQQ responses through in-house training, useful templates and writing/review help during the tender process. Contact us for a free copy of our Tender Ready Checklist.

Gill Joy, Director Intend Business Development LLP 0780 829 4981 [email protected]

34 BC August/September2011

Tips for tendering success

Page 35: Business Comment #12

Bonaccord Ecosse Limited, registered office 31 Merchiston Park, Edinburgh, EH10 4PW. Incorporated in Scotland SC 323251

A law firm for life science and other innovative businesses

Our Philosophy

Bonaccord only works with businesses, from one man consultancies to multinationals, and with those interested in setting up businesses or learning business skills.

Founder Patricia Barclay has spent most of her professional life in the commercial sector with a variety of very different corporations around the world and so understands what matters to business. We engage with the client and take care to understand their business so that we can be pro active in our advice and work with our clients to help them grow and achieve their goals. We endeavour to offer pragmatic

commercially relevant solutions in a cost effective and timely manner and to support our clients for the long term.

We maintain low overheads and are flexible in our working and billing practices. We try to fit in with our clients' needs rather than expecting them to accommodate ours. We understand that all businesses are seeking to manage their expenses and are happy to work with the client's own staff or preferred suppliers with respect to the preparation of materials, travel, etc. Whether you are seeking legal support, training or mediation services you will find we take the same business orientated, client centred approach.

Contact BonaccordWe provide services tailored specifically to our clients' needs so welcome the opportunity of talking directly to you.

Please contact us without obligation and in confidence:

Telephone: +44 131 202 6527e-mail: [email protected]

Principal Office: 31 Merchiston Park, Edinburgh EH10 4PW

LegalBonaccord Ecosse Limited is a law firm regulated by the Law Society of Scotland.

We offer general corporate and commercial support to businesses of all sizes from sole traders to multinationals. We want to see our clients succeed and will endeavour to provide pragmatic, commercially relevant advice in a cost effective and timely manner in line with our philosophy.

Life SciencesBonaccord Bio is the part of the business focused on the needs of the life science industry, an industry in which founder, Patricia Barclay, held responsible positions for 18 years and so this sector is very much at the heart of the firm.

For AcademicsBonaccord works with academic institutions to optimise the environment for successful commercialisation and provides business development and legal services to the new ventures whether on behalf of the institution or the individual academic or entrepreneur.

MediationMediation and Facilitation offer attractive, cost effective and speedy processes for businesses to craft individual solutions to disputes and to find constructive ways to take forward potentially controversial strategies.

TrainingBonaccord offers individually designed training programmes to meet specific client objectives. Please contact us to explore how we might be able to help.

Notary PublicWe offer notary public services in relatoin to the authentication of documents and the administration of oaths.

Our Services

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36 BC August/September2011

Edinburgh Spaces Limited

6 Waterloo Place

Edingburgh EH1 3E6

T/F: 0131 556 0001

[email protected]

www.edinburghspaces.co.uk

Residential property investment consultants

Managing & leasing agents

Residential property acquisitions

Renovations project coordination

Comprehensive landlord support

PRoPERTy INVESTMENT INSIgHT

Page 37: Business Comment #12

InthespotlightIntheCompanyname:BritishMidlandinternational

Who?davidrousham,Headofsales

Website:flybmi.com

August/September2011 BC 37

1.Whatwereyoudoingbetween10and12thismorning?I am writing this on board the BD441 to Casablanca for a meeting with Moroccan press and travel trade to promote bmi’s new routes to Casablanca and Marrakech.

2.Whatdoyouseeasyourjob’sbiggestchallenge?Bringing in the revenue in a relatively flat economic climate, and so convincing business and leisure travellers to fly bmi this Summer season – and they WILL be impressed!

3.Whatdoyouconsideryourbiggestbusinesstriumph?Building teams to have a winning mentality without losing their humanity. 4.doyouhaveanymoney-savingbusinesstips?Naturally I would say try flybmi.com! Also make sure you eat well in one of our lounges before your flight and you’ll have no need for breakfast or lunch.

5.Whatdoyoubelievearethe3keystagesonyourcareerladder?Sound practical commercial experience. Selecting the right business mentors to learn from. Taking the step into senior management – it can be very lonely, and yet very rewarding.

6.Wheredoyoustandonwork/lifebalance?My two sports-mad kids aged eight and ten – means you cannot help but switch off. Weekends are sacrosanct!

7.Whatdoyouliketodoinyoursparetime?I still play rugby – the recovery part of which tends to take up most of my spare time nowadays. Aside from this – I like most other sports and outdoor pursuits.

8.Whatqualitiesdoyouneedtoseeinyouremployees?Enthusiasm, creativity, risk taking – whilst keeping their feet on the ground. 9.inbusiness,isitmoreimportanttobelikedorsuccessful?Both. Get the balance right or suffer the consequences. 10.Whatistheonepieceofadviceyouwouldgivetootherstryingtoreachthetop?Dedication. If one door closes – look for others. Never get stuck in the corridor.

11.Whoisyourhero?Ian Botham – a legend who lived on the edge, and played cricket in a calypso fashion which inspired me when I was in my teens.

12.Anybusiness(orother)projectsyouwouldliketoplug?This summer we’ve increased services from Edinburgh to Copenhagen and Zurich and of course I’d like to plug our new routes this Summer from Heathrow to Bergen , Stavanger , Basel , Marrakech and Casablanca , all of which enjoy connections from our frequent services every day to and from Edinburgh. 13.otherthanyourcurrentposition,whatwouldbeyourdreamjob?Professional sports coach. 14.Who(livingordead)wouldyouinvitetoafantasydinnerparty?Probably Ian Botham – although I’d need to stock up on quality red wine. 15.outsideofbusiness,whatisthemostimportantthinginyourlife?Jo – my wife. Oliver and William – my boys.

Page 38: Business Comment #12

City&World

One is a clear geographic advantage – wine producers cluster on the slopes and fields of Southern Europe. Another is an historic association with a particular expertise. The political autonomy and freedom offered by the City of London long acted as a haven for financiers, often fleeing from abroad. It is now the pre-eminent centre of global finance. A third reason is the availability of technically advanced knowledge. For example the concentration of advanced IT know-how spurs the development of Silicon Valley.

Clusters happen because they offer companies competitive advantages. In essence, proximity to one another allows higher productivity. It is easier to find skilled labour because workers gravitate towards a cluster where they know they have a better chance of finding employment. Finance firms and others offering business services such as legal expertise, consultancy, marketing, logistics, design and transport will gravitate towards a cluster and specialise to provide products tailored to that particular industry. Companies located outside the cluster will not be able to access the same choice and quality of support infrastructure as those within it.

Scotland may be witnessing the birth of a new industrial agglomeration that promises significant economic benefits that will last many decades.

Renewable energy clearly enjoys a big geographic advantage here. Scotland is exposed to Europe’s most powerful natural forces of wind and wave. But the industry benefits from the other two factors that help to create a cluster as well.

Edinburgh in particular already specialises in the crucial support services that are needed by a nascent, capital intensive industry like renewables – finance and law. These, along with other consultancy sub-sectors, are already specialising to meet the needs of the renewable energy sector. The Chamber organised the highly successful Scottish Low Carbon Investment Conference in September.

Thirdly, in its concentration of world class universities, the city has developed a knowledge base of research know-how which is being augmented by investment from companies such as Mitsubishi and Siemens.

The final link in the chain is the risk capital needed to invest in a sector that is still in early stage of development, particularly in technologies such as wave and tidal.

This is why Edinburgh Chamber of Commerce has taken a lead in seeking to persuade the UK Government to locate its new Green Investment Bank in the city. The Bank will invest £3 billion of funds in exploiting opportunities in the renewable energy sector, bringing private and public resources to bear in tandem.

No other UK city has the full combination of attributes needed to make a success of this venture. More than a third of the UK’s renewable electricity is generated in Scotland. Young, innovative companies such as Pelamis and Aquamarine have already established themselves here. The supply chain of expertise in finance and other disciplines is in place and is adapting specialist services for the sector. The research capability and capacity to provide training in the right skills in here as well.

Finally, Edinburgh is a city with a global outlook and a matching reputation for quality of life and a stable environment for doing business. As such it is an attractive location for the kind of aspirational companies, technicians and executives that will fuel a nascent industry such as renewable energy.

edinburgh Chamber policy updateIndustry clusters tend to develop for one or more of three reasons.

38 BC August/September2011

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TERMS AND CONDITIONS :* BUSINESS USERS ONLY. RENTALS ARE BASED ON VEHICLES WITH METALLIC PAINT. EXAMPLES EXCLUDE VAT AND ARE BASED ON 36 MONTH NON-MAINTAINED AGREEMENTS, AN INITIAL PAYMENT OF 3 MONTHLY RENTALS, FOLLOWED BY 35 MONTHLY RENTALS, WITH A MILEAGE OF 10,000 MILES PER ANNUM. VEHICLE RETURNED MUST BE IN GOOD CONDITION AND WITHIN AGREED MILEAGE, OTHERWISE FURTHER CHARGES WILL BE INCURRED. PRICES CORRECT AT THE TIME OF GOING TO PRINT, ARE SUBJECT TO CHANGE WITHOUT NOTICE AND DO NOT TAKE INTO ACCOUNT ANY VARIATION TO GOVERNMENT TAXES OR CHARG-ES ARISING AFTER THE DATE OF PUBLICATION. SUBJECT TO AVAILABILITY AT PARTICIPATING DEALERS FOR VEHICLES REGISTERED BETWEEN 1ST JULY 2011 AND 30TH SEPTEMBER 2011 OR WHILE STOCKS LAST. NOT AVAILABLE WITH OTHER PROMOTIONS. CERTAIN CATEGORIES OF BUSINESS USER MAY BE EXCLUDED. VOLVO CAR LEASING CONTRACT HIRE IS PROVIDED BY LEX AUTOLEASE LTD, TRADING AS VOLVO CAR LEASING, INCORPORATED AND REGISTERED IN ENGLAND WITH COMPANY NUMBER 1090741 & REGISTERED OFFICE AT 25 GRESHAM STREET, LONDON EC2V 7HN. IMAGES FOR ILLUSTRATION PURPOSES ONLY. ** FUEL CONSUMPTION AND CO2 FIGURES FOR THE VOLVO RANGE. FUEL CONSUMPTION IN MPG (L/100KM) URBAN 18.6 - 65.7 (15.2 - 4.3), EXTRA URBAN 34.9 - 80.7 (8.1 - 3.5), COMBINED 26.4 - 74.3 (10.7 - 3.8). CO2 EMISSIONS 249G/KM - 99G/KM *** FIGURES FOR GUIDANCE PURPOSES ONLY, PLEASE CONSULT YOUR TAX ADVISOR FOR MORE DETAILS. FURTHER INFORMATION CAN BE OBTAINED FROM THE HMRC WEBSITE.

DRIVE OFF IN A VOLVO THAT MEANS BUSINESSWith up to 74.3 mpg**, Benefit-in-Kind starting from 13%***

and up to 100% rental allowances*** - its time to drive DRIVe

C30 DRIVefrom £219*pm

S40 DRIVefrom £249*pm

V50 DRIVefrom £249*pm

S60 DRIVefrom £279*pm

V60 DRIVefrom £279*pm

V70 DRIVefrom £289*pm

XC60 DRIVefrom £339*pm

XC70 DRIVefrom £339*pm

Sighthill, Edinburgh West EH11 4DJ

0131 341 0728

Page 41: Business Comment #12

A number of new reports indicate a newly-found buoyancy in the tech sector that’s percolating throughout business and commerce.

Sandy Flockhart, UK chairman of HSBC, told a 90-strong Chamber audience the bank has noticed hi-tech firms are now taking on more permanent staff.

A strong indicator the technology sector is entering a more confident era after numerous business quarters of uncertainty.

Scotland and the rest of the UK is gradually feeling the warm Transatlantic breeze of a Silicon Valley now brim full of new innovations catching the eye of venture capitalists and business angels alike.

Mind you, a Broadgate Mainland financial panel meeting in the Capital warned about a disconnect of crazy tech valuations with the man and woman in the street.

That apart University of Edinburgh’s School of Informatics Explore/Invest/Exploit conference sported a spectacular array of internationally-minded bright and highly innovative tech ideas given the once over by leading investors, corporates and entrepreneurs.

Such an impressive cluster of the country’s most promising and cutting edge young spinout high-growth companies at EIE11 prompted Finance Minister John Swinney to comment that Scotland’s universities possess

a huge wealth of talented innovators and business acumen.

Add to all of this two further Edinburgh events ~ Quality Scotland’s annual business excellence awards, and the Harvey Nash CIO annual survey ~ each indicated innovation is now firmly back on the agenda to the lasting benefit of ROI and the economy.

twitterme@billamagee

asktheexpert

getwithItby bill mageeScottish Business Technology Writer of the Year

August/September2011 BC 41

q:Whydopeopledrivememadatwork?

Bryan Leslie

A:Most of the time, we are so used to behaving in a certain way, thinking that our way is right. It then comes as a shock to discover that 75% of your colleagues will not react to a problem in the same way that you will. Once this is appreciated it starts to become clear why conflict, frustration, annoyance and even bewilderment are the frequent outcome of many a business meeting.

By using simple but highly effective behavioural profiling tools such as DiSC, it is possible to understand the different behavioural styles and use the knowledge to improve communication skills and reduce any conflict.

It can be used to make sure team members are allocated to the right role, to get everyone’s input and not just from those with the loudest voice.

Customer service staff can benefit greatly from understanding how to recognise,

negotiate and handle different personality types. During times of stress or conflict within a business, profiling helps people to fully appreciate other’s perspectives and to adapt their approach to help reach a compromise and improve the communication.

Ultimately, knowing yourself and others, gives you the power to decide how you want to behave and to adapt your behaviour for mutual benefit.

For further information on DiSC profiling, improving your teams performance, and to listen to an audio recording of his latest seminar “Why Do People Drive You Mad At Work”, please contact John Johnston:

M:07508326972e:[email protected]

www.ologycoaching.com

Good news for SMEs looking for smart IT solutions on their doorstep to boost productivity and a return on their investment.

JohnJohnstonBusiness Coach

TERMS AND CONDITIONS :* BUSINESS USERS ONLY. RENTALS ARE BASED ON VEHICLES WITH METALLIC PAINT. EXAMPLES EXCLUDE VAT AND ARE BASED ON 36 MONTH NON-MAINTAINED AGREEMENTS, AN INITIAL PAYMENT OF 3 MONTHLY RENTALS, FOLLOWED BY 35 MONTHLY RENTALS, WITH A MILEAGE OF 10,000 MILES PER ANNUM. VEHICLE RETURNED MUST BE IN GOOD CONDITION AND WITHIN AGREED MILEAGE, OTHERWISE FURTHER CHARGES WILL BE INCURRED. PRICES CORRECT AT THE TIME OF GOING TO PRINT, ARE SUBJECT TO CHANGE WITHOUT NOTICE AND DO NOT TAKE INTO ACCOUNT ANY VARIATION TO GOVERNMENT TAXES OR CHARG-ES ARISING AFTER THE DATE OF PUBLICATION. SUBJECT TO AVAILABILITY AT PARTICIPATING DEALERS FOR VEHICLES REGISTERED BETWEEN 1ST JULY 2011 AND 30TH SEPTEMBER 2011 OR WHILE STOCKS LAST. NOT AVAILABLE WITH OTHER PROMOTIONS. CERTAIN CATEGORIES OF BUSINESS USER MAY BE EXCLUDED. VOLVO CAR LEASING CONTRACT HIRE IS PROVIDED BY LEX AUTOLEASE LTD, TRADING AS VOLVO CAR LEASING, INCORPORATED AND REGISTERED IN ENGLAND WITH COMPANY NUMBER 1090741 & REGISTERED OFFICE AT 25 GRESHAM STREET, LONDON EC2V 7HN. IMAGES FOR ILLUSTRATION PURPOSES ONLY. ** FUEL CONSUMPTION AND CO2 FIGURES FOR THE VOLVO RANGE. FUEL CONSUMPTION IN MPG (L/100KM) URBAN 18.6 - 65.7 (15.2 - 4.3), EXTRA URBAN 34.9 - 80.7 (8.1 - 3.5), COMBINED 26.4 - 74.3 (10.7 - 3.8). CO2 EMISSIONS 249G/KM - 99G/KM *** FIGURES FOR GUIDANCE PURPOSES ONLY, PLEASE CONSULT YOUR TAX ADVISOR FOR MORE DETAILS. FURTHER INFORMATION CAN BE OBTAINED FROM THE HMRC WEBSITE.

DRIVE OFF IN A VOLVO THAT MEANS BUSINESSWith up to 74.3 mpg**, Benefit-in-Kind starting from 13%***

and up to 100% rental allowances*** - its time to drive DRIVe

C30 DRIVefrom £219*pm

S40 DRIVefrom £249*pm

V50 DRIVefrom £249*pm

S60 DRIVefrom £279*pm

V60 DRIVefrom £279*pm

V70 DRIVefrom £289*pm

XC60 DRIVefrom £339*pm

XC70 DRIVefrom £339*pm

Sighthill, Edinburgh West EH11 4DJ

0131 341 0728

Page 42: Business Comment #12

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Business Users only. Contract hire based on 48 month non maintenance agreement, 3 payments in advance followed by 47, 10,000 miles per annum. Payments exclude VAT. Weekly equivalents shown, payments must be made monthly. Terms and conditions apply, finance subject to terms and conditions and underwriting acceptance of provider. Service offers valid until 30/9/2011, finance offers until 30/9/2011, for registration up to 31/12/2011. 3 for free offer.....terms and conditions apply. 3 services based on Ford scheduled servicing intervals and warranty terms, ask dealer for details

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Page 43: Business Comment #12

In the UK, anyone working as a security guard, door steward or CCTV operator is legally required to hold an SIA Licence. Unfortunately, actually getting a licence issued takes time. Or it did, until now.

SQA have teamed up with leading e-assessment provider, eCom Scotland Ltd, to develop a quick and credible solution for Scotland.

onlineAssessment-instantresults

SQA’s Security Licence Linked Qualifications are the only security qualifications to be solely assessed online. Candidates get their results instantly on completion of the question paper.

The system is linked directly to the SIA so that, as soon as the paper is completed and marked, the results are also communicated direct to them. Then, when a licence application goes in, the SIA have all the information they need to issue the licence quickly.

threeSiArecognisedCourses

SQA has developed three short courses, each of which has been designed with the help of the industry to ensure they are relevant and useful in the day-to-day world of security.

The Award in Door Supervision (Scotland) consists of four mandatory Units: Working in the Private Security Industry; Working as a Door Supervisor; Conflict Management; and Physical Intervention for the Private Security Industry.

The Award in Security Guarding (Scotland) has three mandatory Units covering Working in the Private Security Industry; Working as a Security Officer; and Conflict Management for the Private Security Industry.

The Award in CCTV Operations (Public Space Surveillance) (Scotland) comprises Working in the Private Security Industry; Working as a CCTV Operator; and Practical Operation of CCTV Equipment.

AwardsthatMeanSomething

SQA is Scotland’s national qualifications organisation, respected around the world for the integrity of the awards they certify. These awards are recognised by the SIA as suitable qualifications to have when applying for a licence to practice, and will be recognised by employers everywhere as a measure of experience and ability.

The online papers themselves are multiple choice, so they significantly reduce the burden of paperwork and marking. Each question paper is unique, so assessment and re-assessment can be scheduled at any point in the year. The bespoke registration system means training providers can book assessments at a time that suits them.

Approval to provide the courses must be obtained from SQA, and is shaped by SIA requirements. SQA’s Business Development Team are always ready to help with further information on 0303 333 0330.

Online assessments delivering instant results, linked to the SIA for faster licence issuing. SQA’s Security Licence Linked Qualifications are designed to open doors at the push of a button.

August/September2011 BC 43

security licence without the fuss SQA’s Security Licence Linked Qualifications means faster licence issuing. In the UK, anyone

working as a security guard, door steward or CCTV operator is legally required to hold an SIA Licence.

Page 44: Business Comment #12

gettingstarted

44 BC August/September2011

qtellusabitaboutyourbusiness?We’re here to provide gentleman with an essential new piece of kit for their wardrobe. Our core innovation is known as PerfecTie Technology, a very clever piece of kit that has been born and developed from a flawed historical concept. All our neckties deliver the perfect knot, the perfect length and the perfect look, in seconds.

qWhatgivesyourbusinessthe‘x-factor?’When people see the product, the common word we hear is ingenious. Our product brings new innovation in neckwear. It solves a number of problems that are commonly encountered by many who wear neckties. It’s virtually impossible to clearly communicate the concept by written word or speech, but our homepage video on our website conveys it very clearly, so check it out if you can.

qWhatmotivatedyoutosetupinbusinessforyourself?I qualified as a solicitor in Edinburgh, but I found office bound employment restrictive. I like engaging with people, enjoy selling myself and my product and I also wanted a big challenge that was my own. Going full time on the business at 28, it was a good time to get going on a venture like this.

qWhatdoyoulikemostaboutworkingforyourself?Knowing that I am, as much as possible, the master of my own destiny. Curiously though, on many days, especially the bad ones, that can be one of the most unsettling thoughts! Working from home was great in the beginning, but that soon loses it’s glamour. It can be a real roller coaster experience at times, but it certainly keeps me interested.

qWhathasbeenyourgreatestbusinesssuccesstodate?In May 2011, six months after launch, Selfridges began a relationship with us. Selfridges are always keen to find that newest innovation in products out there for their customers and luckily, we fitted the bill.

We have been given space in Men’s Formalwear in their London Oxford Street store, as well as their 3 regional stores to trial the product. We launched our exclusive new premium brand called Chris Gibson Ties on 18th May.

qWhathasbeenyourlowestmoment?Knock backs from prospective investors is always tough to take. Especially when you put so much time and effort into winning an investment. But it teaches you that nothing ever goes according to plan or comes easy. Despite the setbacks you have to remain resolute and try even harder.

qintermsofbusinessachievements,wheredoyouwanttobewithinthenextfiveyears?Other than the usual world domination in neckties (!) I’d like to grow an international brand. I believe opportunities for our growing product range will be strong internationally. In 5 years time I’d like the company to have a solid market in the UK and to be growing quickly in foreign markets.

qWhatwouldbeyourtoptiptosomeonethinkingofstartinguptheirownbusiness?That’s a tough one. Probably belief. If you don’t 100% believe in your product and believe in yourself, people you meet and opinions you hear will try and sow seeds of doubt - they must see or feel your hunger and belief to give them confidence in the venture and product. You must believe you will ultimately succeed, no matter what anyone else thinks.

name:ChrisgibsonBusinessname:Supertie/ChrisgibsontiesBusinessStartdate:november2010Website:www.Supertie.com

Page 45: Business Comment #12
Page 46: Business Comment #12

46 BC August/September2011

Enjoy a 15% saving* on all purchases made until 30 September 2011

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The timing wasn’t perfect, in the middle of summer at the tail end of a recession, but 12 months on business is booming and he is now looking to expand. Carlos Alba Media has led successful campaigns for companies in the renewables, financial services, design and consumer sectors, helping them to win new business and pursue more ambitious growth strategies.

Having recently moved into city centre offices, Alba is currently recruiting two additional members of staff to help him deal with his company’s increasing workload.

“I think the timing actually worked in my favour,” says Alba, who spent 10 years at the Sunday Times following stints at the Daily Record and The Herald. “When times are tough, businesses look for any advantage they can gain without breaking the bank. Good PR helps them to raise their profile and win new business more strategically than advertising.”

Alba’s Glasgow-based agency offers cutting edge digital PR, online news distribution and social media campaigns but he

finds traditional news outlets are still favoured by many business leaders.

“Businessmen and women still see exposure in the business pages of the mainstream national media as the holy

grail. An article in the Financial Times, the Telegraph or the Sunday Times can deliver life changing levels of new business.

“That’s where my contacts, gained through two decades of working in national newspapers, give me an advantage. I’m able to offer my clients a choice of exposure on the best platforms online and offline and that’s a tremendous benefit.”

Following a 20 year career in national newspaper journalism, most recently as the Editor of Sunday Times Scotland, Carlos Alba was looking for a new challenge when he launched his public relations agency last July.

e [email protected] www.carlosalbamedia.co.uk

Cost effective recruitment!Assess a potential employee before you recruit!

Barnardo’s Works Edinburgh supports 16-24 year olds preparing them to find secure and sustained employment by developing the key skills employers are looking for.

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Page 47: Business Comment #12

A Tyco International Company

Head Offi ce: ADT Fire and Security plc, Security House, The Summit, Hanworth Road, Sunbury-on-Thames, Middlesex TW16 5DB. Registered Number: 1161045. ADT and the ADT logo are registered trademarks of ADT Services AG and are used under license.

Phone 0800 132 200 or visit us at www.adt.co.uk

Always there

We provide protection for countless businesses, organisations and individuals. Half the UK’s schools, universities, local authorities and primary care trusts work with us as their partner. We’re also the preferred choice for 89 of the country’s top 100 companies and more than 210,000 homeowners.

Our team of trained professionals will work with you to design a solution that helps address your loss prevention, risk management or operational business needs. Together we can work to create a safer environment for your people and business.

At ADT, we help to make the UK & Ireland safer.

For complete peace of mind, choose a partner with the expertise to support your business in a changing world. Work with world-class experts who can create, install and maintain solutions that will give you and your business the freedom to grow and thrive.

August/September2011 BC 47

Page 48: Business Comment #12

48 BC August/September2011

the edinburgh Chamber of Commerce welcomes its latest member companies:Aurelia Enviromental Limited

Cairnburn Consulting limited

Capita Carillion

Carnival Chaos

Centre for Maritime & Industry Safety Technology Limited, The

Chillie Trends Limited

Citroen Edinburgh

Derek Heron - Psychological Illusionist

Downey Dynamics

Dynamic Compliance Limited

Eidyn Architects LLP

Enterprise Managed Services

Epic Software Limited

Exemplary Cleaning Services Limited

Fair-Price Kitchens & Bathrooms Limited

Forth Energy

Frontier Software

Graham Robertson Consulting

Greaser Monkey Limited

Ingeus

James F Kidd & Son Limited

KTWO Products (Design) Limited

Macmillan Cancer Support

Mailright

MSF Electrical Services

Ritz Hotel, The

Royal Ettuck Hotel, The

S & F Mckenzie

Smith Emsley Partnership Limited, The

Speedy Services

State Street Bank

Streetwork UK

TANK Communications

Like interest free credit or a barbecue summer, pain-free dentistry sounds too good to be true. The last thing I expected when I popped into investigate Integrated Dentalcare’s optimistic claim was to be put in the dreaded hotseat myself to test out this laser procedure, new to Scotland.

Being that special grade of wuss who winces at removing a plaster I had my reservations, but Dr Neeraj Puri tackled these by scoring a tiny circle on my palm to prove its benign magic. (for even bigger children he turns this into a smiley face).

Ok, so far so good, but we all know how sensitive our teeth and gums are, but Neeraj wasted no time in getting down to business with my small filling. No anaesthetic and subsequent awkward small talk while your mouth swiftly bloats to rubber dinghy proportions. In goes the water and gob hoover, and out comes the laser, like a tiny red blowtorch, held steady for around 90 seconds. The fear factor of that whining drill is banished, replaced by a less dramatic rhythmic clicking like the sound of a gas hob lighter. And so the job was done with no blood, no rinsing, no numbness and very little evidence that I’d even been to the dentist.

Here comes the science bit: the dentistry combines laser energy and water to provide gentler, more precise treatment that conserves healthy tooth structure, minimising pain and discomfort.

The laser reacts with water molecules to create a serrated effect, while releasing endorphins which actually raise your pain barrier.

Water laser treatment eliminates the heat and vibration which causes the discomfort you get from drilling, but it also sterilises as it cuts, leaving less chance for bacterial contamination.

The laser’s pinpoint accuracy enables the dentist to leave as much healthy tooth structure in place as possible, allowing you to keep your own teeth longer. Because of the precision involved, procedures that

once took several appointments to complete, such as multiple fillings, can now be finished in a single visit.

Integrated Dentalcare 1 Manor Place, Edinburgh EH3 7DH 01312259093 or see the website at www.integrateddentalcare.com

Laser Dentistry

Page 49: Business Comment #12

end of an era as Cathy retiresShe started as a morning cleaner and worked her way up to head up Edinburgh’s £4.5 million operation at Spotless Commercial Cleaning. Now, Cathy Brockie has retired after eighteen years of service.

In the cleaning sector, which has a high staff turnover, Spotless bucks the trend with a high staff retention rate and a career progression which sees many rise through the ranks.

Cathy said: “When I started with Spotless in 1993, I never imagined I would still be here 18 years later as Regional Director.

“The companies I had previously worked for were impersonal and you never felt truly valued.

“Spotless is really different. I have always felt recognised, my opinion valued and encouraged to fulfil my potential. Plus, there is simply such a great atmosphere with a fantastic team of people to work with.

“I have known many people from the early days who have moved through the ranks, either into sales or management, and I think the genuine opportunities motivate people and keep morale high. I have made real friendships here which have stood the test of time and it really is the end of an era.”

Spotless Commercial Cleaning was founded in 1989 by Chief Executive Roger Green, who started cleaning in the mornings to help fund his degree in Swedish and Metaphysics at Edinburgh University.

Roger said: “Cathy belongs to that rare breed of managers who are truly inspirational to those around her. She leads from the front, and just to be involved with her has the effect of raising your own personal standard.”

For information about opportunities with Spotless Commercial Cleaning visit www.spotlessclean.co.uk

August/September2011 BC 49

businessnews

[email protected] / 0131 558 3399

“LET’S GET DOWN TO BUSINESS”

www.lennondesign.co.uk

COMPANY IDENTITIES / BROCHURES WEBSITES / CORPORATE REPORTS

MAGAZINES / BRIGHT IDEAS

giving your business the edge

business events relaunchedBusiness Forum Scotland has relaunched its regular sessions aimed at supporting emerging companies, bringing together entrepreneurs and potential investors.Mary Strachan, recently appointed as Programme Director of Business Forum Scotland, said: “There is no question that the banks and other traditional sources of funding for young companies have reduced their investment programmes during the past two years.

“We aim to help bridge this gap by ensuring quality young companies get a chance to set out their business strategies in front of potential investors.

“We are relaunching Business Forum Scotland and have signed an agreement with Peter Shakeshaft of LINC Scotland that will ensure we have potential investors present at each session this year, four in the east of Scotland and four in the west.”

More information is available at www.businessforumscotland.com

Page 50: Business Comment #12

moversandshakers

50 BC August/September2011

New challenge for alastairAlastair Houston has joined the Edinburgh Chamber’s Membership Team as a Membership Account Executive. Along with the rest of the team, Alastair is responsible for recruiting new members and account-managing the membership portfolio. He will attend networking events and provide an introductory service to members and prospective members.

Capita symonds appoints alan somervilleAlan Somerville has joined Capita Symonds’ real estate division as Energy Director for Scotland & Northern England. His remit will be to develop the energy business throughout Scotland and Northern England with particular focus on renewable energy, environmental and carbon strategy and natural resources.

Four new associates at rydenRyden has promoted Eddie Fiddes, Catherine Thornhill, Iain Taylor and Mandy Watson to associate level.

Iain has been with Ryden since 2006 and is based in the office agency department in Edinburgh. Originally from Inverness, Iain graduated from Napier University in Edinburgh with BSc Hons in Estate Management.

Change at top of CameraWatchCameraWatch, the UK’s leading CCTV-Data protection compliance advisory body, has announced that founder member and Chief Executive Officer Gordon Ferrie is retiring after five years in post.

Paul Mackie, CameraWatch’s Compliance Director, and Edinburgh Chamber of Commerce member, has stepped into the role.

Colleges join forcesTwo Edinburgh college principals - Mandy Exley (Jewel & Esk) and Brian Lister (Stevenson) - have revealed plans to join forces and create a new college for the city region.

It would contribute more than £100 million to the city region’s economy and develop centres of excellence in areas like clean technology and creative industries.

New role for toni-michelleToni-Michelle Lee joined the Chamber in January, in charge of Partners in Enterprise. Since May, her role has changed slightly to become Partnership Development Manager, looking after and account-managing the partners, but also exploring opportunities for new partnerships and business development projects.

Page 51: Business Comment #12

WE COLLECT YOUR PARCELS.YOU COLLECT THE POINTS.

DHL Express is delighted to be the fi rst logistics companyto join forces with Nectar Business.

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Together with Nectar Business, we’re rewarding small businesseswith 2 Nectar points per £1 spent with DHL Express.*

Find out more about how you can collect points with DHL Express atwww.dhlnectarbusiness.com

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Page 52: Business Comment #12

BY THETIME YOUREAD THISYOU COULDHAVE QUALIFIEDFOR A SECURITY LICENCE

For more information call 0303 333 0330 or go to www.sqa.org.uk/security

SQA’s Security Licence Linked Qualifi cations are the only security qualifi cations to be solely assessed online. So candidates get their results instantly.

And more importantly, so does the SIA. So licences are issued more quickly.

There are awards for Door Supervision, CCTV Operations and Security Guarding. All designed to open doors at the push of a button.

SECURITY LICENCELINKED QUALIFICATIONS

SQA_Security_Qual_Bus_Com_Mag_270x210_ad.indd 1 11/7/11 10:50:24