It’s not yet clear what form Brexit will take, so the Club’s November 8 event was designed to help company owners and managers develop a Brexit survival strategy for whatever happens.
Former Alliance Trust economist Dr Shona Dobbie gives independent economic, political and demographic advice to businesses.
She provided a politics-free understanding of the economic consequences of Brexit, including the effect on Sterling exchange rates, the UK equity markets and the impact of Sterling depreciation.
Stephen Westwood is a highly experienced businessman and entrepreneur who’s fulfilled roles as Chief Executive, Finance Director and interim executive across multiple business sectors for corporations in the UK and the US. He’s now engaged as Chairman and shareholder in developing three emerging businesses in digital technology and energy efficiency.
Stephen gave an appreciation of the actual and perceived impacts of Brexit on business, including currency volatility, the rights of EU nationals to remain and work, trading terms and access to capital. He also challenged attendees to consider what they can do about each and offered some ideas.
Innovation and business consultant Dr Billy Grierson spent more than 30 years working for Ciba and BASF developing an understanding of how companies fail to solve problems and what tools and techniques can be used to improve their success rate.
He explained the Confrontation Matrix framework to start the process of thinking about what opportunities and challenges your business will face and what you can do about them and had attendees start using it to consider the strategies their businesses should be using.
The event was very much enjoyed by all who attended, who said they found it very useful.
NEXT EVENT: The Club’s next event is Learning Lunch: GDPR on November 22. It will help you ensure your organisation doesn’t incur fines of up to €20 million or more when the new General Data Protection Regulation (GDPR) comes into force next May.
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