Read on Twitter
'The Institute of Directors has been known for breaking ground and setting agendas' as @jameshurley writes in @thetimes this morning
It does though have a series of problems, but it can have a bright future. Thread 1/ https://www.thetimes.co.uk/edition/business/agenda-setting-institute-stuck-in-the-past-7s278trsw
It does though have a series of problems, but it can have a bright future. Thread 1/ https://www.thetimes.co.uk/edition/business/agenda-setting-institute-stuck-in-the-past-7s278trsw
I am proud to have worked at @the_iod it is a great institution and full of good people providing support to business leaders across the UK
Any institution that has been around for over a century is going to have difficulties adapting to the modern age, the IoD is no exception2/
Any institution that has been around for over a century is going to have difficulties adapting to the modern age, the IoD is no exception2/
It is onto its 3rd Chair + 3rd Director General since 2017, this sums up the lack of focus it has had in recent years
The IoD is effectively split into two broad domains, a business in its own right and a policy and corporate governance and campaigning side /3
The IoD is effectively split into two broad domains, a business in its own right and a policy and corporate governance and campaigning side /3
Under Simon Walker and @Ian_Dormer we had a very clear direction of where we were heading on both counts
We had the Royal Charter's line at the forefront of our minds:
'encourage and foster a climate favourable to entrepreneurial activity and wealth creation' /4
We had the Royal Charter's line at the forefront of our minds:
'encourage and foster a climate favourable to entrepreneurial activity and wealth creation' /4
The business model was to attract the growing number of younger entrepreneurs
It was only in 2014 when we finally dropped the fact you need to wear a tie in Pall Mall! /5
It was only in 2014 when we finally dropped the fact you need to wear a tie in Pall Mall! /5
To do this @AlexDEMitchell and I founded @IoD_99 allowing young members to join for £99.
Originally it was just going to be for 99 members, its popularity surged and the energy it brought meant we expanded it to 2,000 members in the first year. /6
Originally it was just going to be for 99 members, its popularity surged and the energy it brought meant we expanded it to 2,000 members in the first year. /6
We were seemingly doing the impossible and growing an old membership organisation in the 2010s
Many of those members have already gone on to achieve great things in business and put a fair amount of credit to that peer to peer network helping them in their early days /7
Many of those members have already gone on to achieve great things in business and put a fair amount of credit to that peer to peer network helping them in their early days /7
The policy was focused on championing free markets and capitalism whilst at the same time calling out crony capitalism such undeserved high pay and where corporate governance was failing shareholders and wider stakeholders
a trend now very much in vogue /8
a trend now very much in vogue /8
