Content

The construction industry contributes £90billion a year to the UK economy (6.7% of the total) and is set to grow by 5.6% over the next 5 years. As part of an ongoing project aimed at readying SMES to bid for major supply chain work Norfolk Chambers of Commerce, Norfolk County Council, New Anglia Growth Hub, and Vattenfall held a Gearing Up To Grow workshop in Swaffham on Wednesday 9th October. The half-day session gave delegates the tools and insights they might need to win such pieces of work.

First up was Saul Humphrey who covered a Tier 1 Construction Perspective, he gave an overview of the UK construction industry, the strategy in the region, minimum requirements for winning work from a Tier 1, the crisis facing the industry, and what the future looks like. Saul highlighted the major positive impact the construction industry has on the UK economy and the various ways it contributes. He gave delegates a number of tips for working with Tier 1s including checking out their individual requirements and coming up with an almost standardised approach to bidding for work. There are a number of factors threatening the industry from the housing crisis to climate change, Saul suggested that the responsibility for solving these lies with everyone involved in the sector. The skills shortage is also having an impact and he suggested a number of ways that companies could work with young people to get them interested and considering construction as a viable career path. His final point was that companies need to “modernise or die” and that the best thing companies can do is embrace change.

Next came Steve Grace from Adept Supply Chain Solutions who encouraged delegates to ensure business health by employing his tools.  He explained that a business cannot thrive unless it is built on the solid foundation of health and the same can be said for the supply chain, it’s only as strong as its weakest link. Customer satisfaction and meeting their expectations should be the main driver of business growth, to ensure this he said businesses should consider Quality, Cost, and Delivery to keep customers happy. As part of a business plan leaders should consider a growth plan that incorporates a culture of change management, which is constantly being measured and evolving. Steve then introduced a number of tools that can be used to measure growth and ensure waste is eliminated. Steve’s key message? Turnover is vanity, profit is sanity, and cash-flow is reality!

Focusing on skills we had Martin Frost from Norfolk County Council, who introduced the council’s ambitions for combatting the skills gap through: driving skills progression, providing agile response training, and equipping young people for success. He used Netmatters as a case study as they found it very difficult to recruit enough developers to support their business growth, to answer this they developed their own in-house programme which brought in inexperienced candidates and gave them the opportunity to gain skills on the job. A degree course gives students about 150 hours coding experience over 3 years, Netmatters’ programmes gave 850 in six months. Martin invited businesses to give their thoughts on what other support Norfolk County Council could provide to tackle their own skills needs.

For most businesses accessing funding is part of the growth process, Nigel Best from New Anglia Growth Hub took delegates through the various types of funding to consider in the penultimate session of the day. New Anglia Growth Hub has awarded £28million in grants since it started through a variety of grant schemes, they are also able to signpost to other organisations and funding streams that may be suitable for your business. Nigel also highlighted that “traditional” funding such as grants and via the bank are not the only options available to a business and that they should consider the option that works best for them.

Our final speaker was the excellent William Bridgman from Warren Services, a family owned engineering firm, who gave their story about embracing IT to help streamline processes and create efficiencies that previously did not exist. He explained how embracing IT and incorporating it into their existing processes increase efficiencies without resulting in job losses. One clear example of this was their accounts department which had just over 3 people in it previously, through the introduction of new systems they reduced this to 1 but instead of making people redundant they encouraged them to retrain. One of the team who used to be in accounts and had years of experience is a now a developer who looks after their system! It was a really interesting lesson in how IT can have a very positive impact on your business and by working with suppliers and customers you can actually encourage them to do the same thereby streamlining the entire supply chain.

There were some informative stories told throughout the day and lots for delegates to go away and think about around innovation and collaboration.  Every presenter had their own examples of when they themselves have had to innovate or collaborate with another company to thrive, showing that the way forward is to work together.

A big thank you to all our speakers: Saul Humphrey, Steve Grace, Martin Frost, Nigel Best, and William Bridgman for being with us. If you are interested in hearing about upcoming workshops please contact Jordan.Domin@norfolkchamber.co.uk who can ensure you are informed.

All slides from the session can be found here.

Commenting on the Queen’s Speech opening a new session of Parliament, Dr Adam Marshall, Director General of the British Chambers of Commerce said:

“Our message to government is simple: put the economy at the forefront of your agenda. These are unnerving times for businesses facing Brexit uncertainty, global headwinds and a UK economy in stasis. The government’s economic plan must be grounded in reality, taking into account the conditions facing firms and the need to minimise further disruption.

“Amidst the ongoing political turbulence, businesses can’t afford for government to lose sight of its responsibility to create conditions that support growth and boost investment – much of which doesn’t require new primary legislation. That means action to lower the upfront costs hitting firms, boosting investment in infrastructure and skills, and providing considerable investment incentives to companies.

“We’re at a critical juncture in the Brexit process, but the voice of business has been constant and unwavering since the referendum: a messy and disorderly Brexit must be avoided. To avert an overnight change in trading conditions and damaging economic consequences, all sides need to do everything in their power to find a way forward in the coming days.”

On immigration:

“Business is looking for government to commit to a clear and consistent future immigration system that is based on economic need. Firms that rely on overseas workers to plug local shortages need clear detail on the rules for continuing to access these skills in the future. At a time of critical recruitment difficulties, companies need to be able to hire workers from aboard all levels and functions without masses of red tape, high costs or long delays.”

On trade:

“UK businesses need a properly-funded trade strategy that gives firms the support and confidence they need to sell their goods and services around the world. Prioritising continuity of trade for UK businesses and minimising the potential for any disruption in the turbulent times that may lie ahead should be the goal of this government. Alongside that, we need more ground-level trade promotion and guidance to take advantage of the opportunities that new trade agreements may present.

“Businesses are also still waiting for the government to legislate for a long-term Trade Remedies Authority to protect UK businesses and interests against dumping and unfair practises.”

On infrastructure:

“For the UK to prosper post-Brexit, we have to get the basics right, including a fully integrated and modern infrastructure network. The proposed National Infrastructure Strategy must engage closely with business communities to set out feasible measures for improving the road and rail network and boosting the reliability of broadband connectivity in all parts of the country.

“The message from government and ministers should be full-throated support of the major infrastructure projects that our businesses need and that send a strong message to global partners that the UK remains a great place to invest. There can be no further dithering on the delivery of all phases of HS2 and a third runway at Heathrow.”

On devolution:

“Business communities will welcome the commitment to a Devolution White Paper. Any proposals must have a clear purpose, a strong role for business, and a defined replacement for EU funding. Business will support greater devolution of spending decisions when it’s clear that money intended to boost local growth is actually spent on local growth.”

On the environment:

“The government’s ambition to position the UK as a global leader on the issue of climate change is laudable. For many firms the path to achieving this could bring growth across a range of sectors, technologies and markets. Together with business communities, the government should build a plan for how we will work across the four nations to reach net-zero by 2050, while also maintaining security of energy supply and stable prices.”

The EDP has recently released the exciting news of the finalist list for one of the biggest business awards in the county; Norfolk Business Awards. It’s great to see several of our members have been selected for a number of the categories, for the full awards list and finalists (click here). These awards highlight the hard work of the companies, and staff teams, as well as shining a light on our innovative businesses in Norfolk.  We wish everyone good luck in the next stage.

Our members who are finalists for 2019; • Best employer- Sponsored by Pure and Birketts Liftshare, MHA Larking Gowen • Director of the Year- Sponsored by Dipples Jewellers James Groves, Indigo Swan • Investing in Future Growth- Sponsored by Lovell The Maids Head Hotel • Large Business- Sponsored by City College The TaxAssist Direct Group • Small and Medium Business Face to Face Finance Indigo Swan R13 Recruitment

The winners of the overall awards and business of the year will be announced at the Gala dinner on Thursday 21 November, held at the Norfolk Showground, with James Nesbitt the international TV star hosting the event- not to be missed! So do keep an eye out for the winners over the next month. To read the full EDP article published in Wednesday 16 October edition, click here.

Commenting ahead of the Prime Minister’s speech on deregulation today, John Longworth, Director General of the British Chambers of Commerce (BCC) said:

“No business could disagree with the government’s commitment to reduce unnecessary red tape. Good progress has been made in removing domestic regulations, and the Prime Minister is right to lead a charge in Brussels to reduce European bureaucracy.

“However reducing regulation is as much about quality as it is about quantity. Removing hundreds or thousands of laws from the statute book will only have an effect if companies on the ground feel that the burden of needless regulation is lifting.

“Britain’s deregulation drive must also not be derailed by costly new laws affecting firms. At present, both tax changes and EU regulations are excluded from the government’s “One-in, Two-out” rule for new regulations. This loophole blunts the impact of the policy. All new regulations, from whatever source, should be scrutinised and their burden minimised as part of this system.”

The United Kingdom will leave the European Union on the 31 October 2019 and your business will need to take action to get ready.

Join a free Brexit Business Readiness Event in your area to meet government advisers and to find out what actions your business needs to take to prepare.

The events will combine a keynote address, interactive support, advice stands and in-depth sessions led by subject matter experts. They will provide you with specific business-focused advice and help.

Events will be taking place across the UK and new locations will be added to this website as they’re confirmed.

https://registration.livegroup.co.uk/brexitbusinessreadinessevents/