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programme 2018


2018 2018 Programme

Welcome

“In my opinion PARC is without doubt the stand out research body in the HR world. The quality of its research, the value of the reports and its ability to get input from people at the very top of their game are what makes it the leader in its field. If I was only to be a member of one such body it would be PARC.” Sandy Begbie Chief People Officer, Standard Life

“Having been an active member of PARC for several years, I find the quality of speakers, the range of topics and depth of discussion to be outstanding.” Adrian Jackson Group Reward and Policy Director, Vodafone

“I always appreciate the approach PARC takes to the research topics, the chance to exchange ideas and share insights through the member meetings and the additional networking opportunities. PARC has given me an exceptional peer network.” Julie Withnall Group Reward Director, Associated British Foods plc

Partners Mercer is one of the world’s leading HR consultancies; they are focussed on enhancing the health, wealth and careers of the 110 million employees of their clients worldwide. They provide enterprise-wide executive and workforce rewards advice that helps companies secure talent, enhance business performance, and stands up to external scrutiny. From a foundation of data they deliver innovative, practical, actionable and relevant insights that help their clients make fact-based decisions with quantifiable outcomes to help their businesses be better every day.

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2018 2018 Programme

2018 Schedule at a glance

Economic Outlook – A view from Professor Arturo Bris, IMD Business School

Afternoon Discussion Meeting Wednesday 31st January Eversheds, 1 Wood Street, London, EC2V 7WS

Governance – Where are we, how well are we doing, what should we do next?

Afternoon Discussion Meeting Thursday 15th March Eversheds, 1 Wood Street, London, EC2V 7WS

Tom Brown, entrepreneur, NED and Chairman Mark Goyder, Tomorrow’s Company Prof. Laura Spira, Oxford Brookes University David Styles, Financial Reporting Council

Health, Wellbeing and Benefits – Who is doing what, why and how much does it cost? Dr. Wolfgang Seidl, Mercer Patrick Watt, Bupa Senior HR practitioners

Masterclass – Strategic Reward Skills Phil Wills, PARC Drew Matthews, Micro Focus

Productivity – What’s the problem and how to fix it? Dr. Eamon Butler, Adam Smith Institute Nita Clarke, IPA Dr. Carl Frey, Oxford Martin School Prof. John Kay, London School of Economics Sir Anthony Seldon, University of Buckingham Mark Goyder, Tomorrow’s Company

Members’ Lunch – Brexit Update Paul Johnson, Institute for Fiscal Studies

Roundtable Meeting – Pay issues, trends, obstacles and opportunities John Beadle, Rio Tinto Stephen Cahill, Deloitte Gordon Clark, Mercer Derek Steptoe, WPP

International Conference, Lisbon: Building and sustaining high-performance teams – Learning from Analogies Prof. Ina Toegel, IMD Business School Dr. Stephen Bungay, Ashridge SMC Dr. Tomas Chamorro-Premuzic, UCL & Columbia Dominc Mahony, Lane4 Prof. Gernot Schulz, musician and conductor Paula Marques, Porto Business School

2019 Programme Launch and Keynote Address – Our Political Landscape Gideon Rachman, The Financial Times

Afternoon Discussion Meeting Wednesday 25th April Eversheds, 1 Wood Street, London, EC2V 7WS

Two-day Masterclass Thursday 10th – Friday 11th May Oakley Court, Windsor Road, Water Oakley, Windsor, Berkshire, SL4 5UR Afternoon Discussion Meeting Wednesday 20th June Trinity House, Trinity Square, London, EC3N 4DH

Lunchtime Discussion Meeting Thursday 12th July The Lanesborough, Hyde Park Corner, London, SW1X 7TA Roundtable Discussion Meeting Wednesday 19th September Eversheds, 1 Wood Street, London, EC2V 7WS

International Conference Monday 1st – Wednesday 3rd October Corinthia Lisboa Hotel, Av. Columbano Bordalo Pinheiro 105, 1070-041 Lisbon, Portugal

Members’ Dinner Wednesday 28th November The Lanesborough, Hyde Park Corner, London, SW1X 7TA

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2018 2018 Programme

About PARC

PARC’s philosophy is based on the belief that successful organisations need: • to be outward looking and contextually aware in political, economic and social terms • to implement a compelling and clear business strategy successfully communicated, understood and owned throughout the organisation

What we do PARC promotes challenging research, with expert business and academic input. This, combined with our senior level membership, provides a stimulating and participative environment for those seeking improved corporate performance. Executive compensation is not a one-size-fits-all approach but needs to contend with tighter legislation and public scrutiny, more forthright and organised shareholder involvement and the need to attract and reward outstanding ability in a global marketplace.

Membership includes

• an engaged, capable and motivated workforce

An annual programme of member meetings each addressing relevant and topical issues with contributions from business, academia, politics and the media.

• an environment which encourages high performance, innovation and the responsible incubation and development of new thinking

PARC research projects draw on a wide range of international resources to provide senior level discussion documents.

• business information systems which provide timely, unambiguous and valid data at all levels of the organisation • an HR operation which is respected and trusted as an integral and proactive contributor to all aspects of strategic and operational activities.

PARC membership constitutes a senior cross-section of HRD’s and practitioners affording the opportunity of exchanging insights and experiences on a wide range of topics in a relaxed and trusted environment. PARC responds to requests for information from members by providing member surveys and knowledge sharing. Our post meeting notes capture the essence of content and discussion at our member meetings. This ensures a regular updating of information and the opportunity for the transfer of ideas and information across teams. Member lunches offer informal networking which is facilitated through sharing of experiences and discussion of current issues.

Who should join? PARC is a growing network of over 60 influential, global organisations and annual membership is open to those who have an interest in fostering high-performance. Participants are at senior level and are typically responsible for developing and leading reward and performance strategy, policy and practice. They include Heads of Performance and Reward Functions, Group HR Directors and other top-level HR professionals. For more information on PARC and how membership can benefit your organisation please contact Richard Hargreaves, Commercial Director, on +44 (0) 20 3457 2630 or at richard@parcentre.co.uk.

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2018 2018 Programme

Who we are – the PARC team Mairi Bannon plays a key role in member engagement. She was a founder of PARC and Strategic Dimensions and is a Director of Corporate Research Forum. Prior to establishing the businesses, Mairi worked internationally in Human Resources.

Mike Haffenden fronts the design and delivery of the programme and contributes to PARC meetings and research. He was the founder of CRF and co-founder of PARC and Strategic Dimensions. He previously held senior HR and Reward roles in major international organisations.

Richard Hargreaves leads on growing and broadening the membership and is also responsible for securing and developing partnerships. Richard has a similar role at Corporate Research Forum. Previously, Richard led a commercial team at The Economist Group.

Stuart Hetherington is responsible for producing PARC’s annual programme and event materials. He was previously Head of Corporate HR at National Power with extensive involvement in reward, employee relations and international HRM.

Stephanie Bird advises and helps shape PARC programmes and events, and writes research reports. She previously held senior HR roles in a number of global organisations and was Director of Research & Policy at the CIPD. She is also Associate Director at CRF, an Advisory Board member in the NHS, and a Director and Trustee of CCE (Creativity, Culture and Education).

Phil Wills provides expert input to the PARC agenda. He has deep experience in the design of reward plans which support business strategy, including executive incentive plans. An independent consultant, currently advising UK and mainland European companies, his previous roles include Global Head of Compensation and Benefits for Reed Elsevier, ICI and Diageo.

Eva John-Lewis organises the logistics of PARC events including member correspondence and event management.

Angela Knight CBE chairs PARC meetings to ensure optimum participation and exchange. She is currently the Senior Independent Director at Brewin Dolphin plc and Tullett Prebon plc, and is a member of the Board of Transport for London and an advisor to Oxera. She was previously the Conservative Member of Parliament for Erewash.

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2018 2018 Programme

Economic Outlook – A view from Professor Arturo Bris

Afternoon Discussion Meeting Date Wednesday 31st January 16.30 – 19.30 Venue Eversheds 1 Wood Street London, EC2V 7WS

After a year of deteriorating global and local security, political change, economic uncertainty and the escalation in social media led populism, 2018 is likely to be no less uncertain and fractious. It is also the year when the UK’s Brexit Strategy will take shape and our likely future relationships with Europe and, indeed, many other countries around the world will become apparent. Add to this the continuing and increasing impact of new technology, the beginning of the phasing out of hydrocarbons, increasing longevity and ageing populations and it is clear that organisations are developing their business models and strategies in an environment of ever-increasing uncertainty. Offering his views on what 2018 and the future more generally might hold, Arturo Bris will provide an economic commentary on the UK as seen from Europe and how we might perform in his respected World Competitiveness Index. Current events will inform Arturo’s comments but he will be addressing: • the options for Brexit and the economic realities • the knock-on effects of Brexit for Europe and other world economies • future productivity and the impact of technology • the risks to global economic stability that we know about • other clouds on the horizon. As always, our meeting will be interactive with the views of members adding to the debate and the opportunity of benchmarking the preparedness of your company against others.

Professor Arturo Bris is Professor of Finance at IMD Business School and leads the world-renowned IMD World Competitiveness Center. Prior to joining IMD, Arturo was the Robert B & Candice J. Haas Associate Professor of Corporate Finance at the Yale School of Management. A Research Associate of the European Corporate Governance Institute, and a member of the Yale International Institute for Corporate Governance, he has worked extensively on issues of corporate governance, financial regulation and international valuation.

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2018 2018 2018Programme Programme

Governance – Where are we, how well are we doing, what should we do next?

Afternoon Discussion Meeting and Report Date Thursday 15th March 16.30 – 19.30 Venue Eversheds 1 Wood Street London, EC2V 7WS

The lighter touch “comply or explain” approach to Corporate Governance in the UK continues to be threatened by social pressures and increasingly, political interventions based on opportunism rather than understanding. Many believe that this will detract from its original purpose and effectiveness. At this meeting we will review the major theme of Corporate Governance from a broad range of different standpoints – reflecting the diverse range of stakeholders and opinions. • How did we get here – how has the UK’s approach to Corporate Governance developed? • What is the impact of good governance on corporate performance? • How does the UK differ from the approach adopted by other leading economies? • What do key stakeholders see as the relevance and purpose of governance – now and in the future – and how effective are companies in meeting these objectives? • Where and why is governance failing? What are the real problem areas? • Are these problems being addressed and in whose interests? From one perspective, the issues around executive pay, some real and some perceived, cast an unfortunate and unhelpful spotlight on corporate governance. But inevitably the changing social and political environment will set the context for how companies behave and are governed. Recently this has also involved debate around board level representation, the nature and force of shareholder voting and the role of proxy agencies. Our speakers will examine the development of the UK’s corporate governance regime – from Cadbury to the present day, consider the FRC’s thinking behind proposed 2018 reforms and assess the impact and desireability of future governance options. Our collective discussions will be informed by a PARC report, drawing together the political, economic and social strands of the corporate governance debate.

Clockwise from top left: Tom Brown, Mark Goyder, Laura Spira, David Styles.

Tom Brown has had a career that has spanned directorship at 22 independent companies, three as CEO and 15 as Chairman – ranging from seven quoted on the London stock market (from FTSE250 to AIM), through Private Equity investments, a Venture Capital Trust, a QUANGO and family ownership, to high-tech spin offs from Cambridge University’s world famous Cavendish Laboratory. He retired in 2015 to write his book Tragedy & Challenge. Mark Goyder is a speaker, writer and broadcaster with over 15 years’ manufacturing business experience. He is founder and former CEO of Tomorrow’s Company, a think tank that works with business leaders, investors and policy makers to inspire and enable business to be a force for good in society. It has a particular focus on good governance, company leadership and investor stewardship. Professor Laura Spira is Emeritus Professor of Corporate Governance at Oxford Brookes University. Her research interests encompass aspects of governance and accountability in a broad range of organisations. She is particularly interested in using qualitative approaches to undertake research in corporate governance, exploring the dynamics of interactions among directors, the role of non-executive directors, the management of risk and the role of internal audit. David Styles joined the Financial Reporting Council in May 2014 as Director, Corporate Governance. He was previously a civil servant in the Department for Business, Innovation and Skills for nearly 30 years. During his career he has held a number of posts dealing directly with a variety of businesses and industry sectors including, from 2001 – 2011, Assistant Director in the Corporate Law and Governance Directorate with responsibility for policy on directors’ remuneration, shareholders’ rights and corporate governance, including European and international negotiations on these issues.

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2018 2018 Programme

Health, Wellbeing and Benefits – Who is doing what, why and how much does it cost?

Afternoon Discussion Meeting and Report Date Wednesday 25th April 16.30 – 19.30 Venue Eversheds 1 Wood Street London, EC2V 7WS

Wellbeing and healthcare are high on the agendas of government, policy makers and academics, together with many consultancies and, of course, healthcare providers. Regular, and often conflicting, new guidance – frequently un-evidenced – appears in the press about how individuals can take steps to help prevent, or recover from, both physical and mental health problems. Companies are urged to help their employees by a variety of means – not just as altruism, but as a means to develop a healthier, more productive and, hopefully, more engaged workforce. But what are the facts about what is happening in practice and why? What are organisations doing, who are they doing it for, where do they see future developments and is there anything new in this space? Why are companies offering health and wellbeing benefits in the first place – is it that they will only offer benefits for tax effectiveness or group purchasing muscle reasons, and that the perceived value to the individual exceeds the cost to the company? Perhaps, there are wider reasons at play, such as part of building the company culture and demonstrating its values in action, or merely the self-interest of ensuring that shortfalls or delays in state and NHS provision do not negatively impact on a productive and present workforce? Research main areas • Who is doing what, and for whom? • Why are they doing it? • What are the trends? • What’s the evidence on whether it’s making any difference? • What difference might the future of jobs and changing demographics make? Dr. Wolfgang Seidl (Mercer) and Paddy Watt (Bupa) will lead our meeting and be joined by senior HR practitioners in this area.

Dr. Wolfgang Seidl is a Partner and leads Workplace Health Consulting for Mercer in the UK and Europe, advising companies on health and wellbeing strategy, integrated healthcare, absence management and proactive interventions such as resilience programs. He is a Member of the Global Health management team and founded the European Health and Wellbeing Network. Before joining Mercer, Wolfgang held senior appointments with Validium Group and Accor Services. A Doctor of Medicine with a Master’s in Psychiatry, Philosophy and Society, he is a member of a number of research organisations and is a board director of the Employee Assistance Foundation, Missouri.

Patrick (Paddy) Watt is a Corporate Director for Bupa UK, responsible for managing and developing Bupa’s corporate and SME business portfolio. He sits on both the UK Insurance and Health Services executive teams and is also the Bupa Global Practice lead on Workplace Health and Wellbeing. Paddy has extensive experience of advising major and smaller organisations on wellbeing and led the development of Bupa’s award-winning digital platform, Bupa Boost. He also chairs the Mental Health sub-committee for Wellbeing at Work for Business in the Community and serves as a board director of Mindapples, an organisation which encourages people to look after their mental health.

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Masterclass – Strategic Reward Skills

Two-day Masterclass Dates Thursday 10th & Friday 11th May Day One: 09.00 – 17.00 (followed by dinner) Day Two: 09.00 – 15.00 Venue Oakley Court, Windsor Road Water Oakley, Windsor Berkshire, SL4 5UR

Masterclass outline Following the success and popularity of the Masterclasses in 2016 & 2017, we are again offering the opportunity to PARC member companies to nominate a participant this year. The PARC Strategic Reward Skills Masterclass is aimed at prime succession candidates to current Heads of Reward in major listed companies. The programme is also well suited for aspiring, or newly promoted Corporate HR Directors, who wish to develop a more strategically focused set of reward skills for their interface role with the Remuneration Committee and Main Board. Run over two consecutive days, the Masterclass will focus in particular on those skills which are most frequently reported by RemCo Chairs as essential to effective performance of Group HRDs or Heads of Reward in major companies. These skills are set out below – (specific session objectives and key deliverables are available on request): • the ability to develop a ‘grounded’ reward strategy – aligned with business strategy • the ability to review / assess and contribute to RemCo effectiveness • the ability to review / assess the effectiveness of longer term incentive arrangements – and develop clear alignment to sustainable, long-term performance • the ability to design / conduct a risk audit of reward. With an expert faculty and guest speakers, this practical programme will be available to one nominee from each PARC member company as part of the annual subscription with a charge of £300 for (single night) accommodation. Additional places may become available at a cost of £1,000 per person. However, numbers will be limited to ensure the opportunity for full participation in discussions. Essential pre-reading Prior to the session, delegates will be asked to review their organisation’s strategic business objectives, including as outlined in their annual report, and assess the alignment between these objectives and the reward values and principles set out in the remuneration report and any internal ‘reward strategy’ documentation.

Phil Wills provides expert input to the PARC agenda. He has deep experience in the design of reward plans which support business strategy, including executive incentive plans. An independent consultant, currently advising UK and mainland European companies, his previous roles include Global Head of Compensation and Benefits for Reed Elsevier, ICI and Diageo.

Drew Matthews is a senior HR and Reward Specialist who has worked in businesses and consultancies. He is currently Head of Reward at Micro Focus, the global software company. Prior to joining Micro Focus, Drew was a Partner with Aon Hewitt New Bridge Street having previously been Personnel Director for Tesco where he was accountable for compensation and benefits, global mobility, share schemes and occupational health and wellbeing for over 500,000 employees in 14 countries. Drew also has over 15 years’ reward consulting experience having worked at PwC, Deloitte, and Stern Stewart – the EVA company.

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2018 2018 Programme

Productivity – What’s the problem and how to fix it?

Afternoon Discussion Meeting Date Wednesday 20th June 13.30 – 19.30 Venue Trinity House Trinity Square London, EC3N 4DH

British productivity used to grow at a solid 2% pa, but in the last decade has hardly grown at all and this perplexing issue is a major concern in the UK, nationally and at company level. This issue is vital to the country in facilitating economic growth, generating tax revenues and enhancing individual living standards. The House of Commons briefing paper ‘Productivity in the UK’ published in June 2017 defines productivity and suggests some of the causes for its sluggishness. The issue had been addressed earlier in the Government’s Productivity Plan of July 2015 Fixing the Foundations: Creating a more prosperous nation a preBrexit report listing a 15-point improvement plan containing a combination of the obvious, the aspirational and the incomplete. But, what if we are measuring the wrong things. The 21st Century service economy of the UK surely needs more sophisticated measures which capture the positive effects of innovations such as mobile communication, search engine and email activity and same day delivery? Most new jobs are being created in the private sector and employers must believe they are adding value. Is the productivity issue more of a puzzle then a crisis? Our discussion, with an audience of PARC members and invited guests, will seek to define the problems and identify possible solutions in a practical manner which should point the way to organisation improvement. Issues to be addressed include: • What do we mean by ‘productivity’? Is it an important and relevant measure and if so how can we increase it? Are we measuring the right things? • What tax regimes and practices stimulate or restrict productivity?

Clockwise from top left: Eamon Butler, Nita Clarke, Carl Frey, John Kay, Sir Anthony Seldon, Mark Goyder.

• The UK’s investment in R&D and infrastructure lags behind our competitors. Where should we invest for the future and what is the impact of technology? • This is a long-term problem – what are the roles of education and learning, and employee engagement?

Dr. Eamonn Butler is Director of the Adam Smith Institute and author of books on a number of noted economists including Adam Smith and Milton Friedman, and on other subjects in political economy including Foundations Of A Free Society, Forty Centuries Of Wage And Price Controls, and The Rotten State Of Britain. Nita Clarke OBE is the Director of the Involvement and Participation Association (IPA), which delivers support for good employment and industrial relations. Vice-chair of the MacLeod Review on employee engagement, she works with David MacLeod on the Employee Engagement task force. She was formerly assistant political secretary to Tony Blair. Dr. Carl Benedikt Frey is Oxford Martin Citi Fellow at Oxford University where he directs the programme on Technology and Employment. Carl is widely cited in the field of workforce automation and industrial renewal, and the transition of industrial nations to digital economies. He has served as an advisor to numerous organisations worldwide. John Kay is one of Britain’s leading economists. His interests focus on the relationships between economics and business. His career has spanned academic work and think tanks, business schools, company directorships, consultancies and investment companies. Sir Anthony Seldon, Vice-Chancellor of the University of Buckingham, is one of Britain’s leading contemporary historians, educationalists, commentators and political authors. With over 40 books on modern history, including books on the last four Prime Ministers, and on politics and education. He was the co-founder and first director of the Institute for Contemporary British History.

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Mark Goyder is a speaker, writer and broadcaster with over 15 years’ manufacturing business experience. He is founder and former CEO of Tomorrow’s Company, a think tank that works with business leaders, investors and policy makers to inspire and enable business to be a force for good in society. It has a particular focus on good governance, company leadership and investor stewardship.


2018 2018 Programme

Members’ Lunch – Brexit Update

Luncheon Discussion Meeting Date Thursday 12th July 12.00 – 14.30 Venue The Lanesborough Hyde Park Corner London, SW1X 7TA

With less than nine months to go before the United Kingdom is due to exit the EU in April 2019, it is relevant to consider what progress has been made, what has been agreed and what is left on the table – particularly from a business point of view. Our roundtable lunch meeting will seek to answer at least some of these questions. We are looking to analyse the issues in detail with real evidence to substantiate our views rather than merely reviewing the often over-hyped and personalised media coverage of events. We will review the political and economic dimensions of Brexit, what sort of separation we are heading for and the consequences of any transitional arrangements which may be emerging, together with the opportunities and challenges available to us. Sharing views from around the table we will clearly want to gauge the likely impact on the UK business environment and the overall effect on differing sectors of the business community. To help us in our discussions and to offer his own thoughts on the current Brexit state of play, we are very pleased to welcome Paul Johnson as our guest speaker. As Director of the Institute for Fiscal Studies, Paul is perfectly placed to share his perspectives on the key issues and the evidence which is shaping his views. His comments on the post-Brexit business outlook for, amongst other things, trade flows, population levels, supply chains, free trade, economic challenges and growth will be of interest to all. His views will, of course, take account of evidence-backed issues topical at the time of the meeting. Timely and apposite, this is an opportunity to take stock of what has been achieved and what is yet to be done and we intend a searching analysis of these and other issues deriving from the Brexit process.

Paul Johnson has been Director of the Institute for Fiscal Studies (IFS), the UK’s leading economic research institute, since January 2011. Paul is also a visiting professor in the economics department at UCL, a columnist for The Times, and a board member of the Climate Change Committee, of the Office of Tax Simplification, and of the Banking Standards Board. He was a council member of the ESRC, until 2017 was a trustee of the Royal Economic Society and is currently a trustee of the Kings Fund. Paul has spent his whole working life focussing on the economics of public policy. After graduating from Oxford he went on to work at the IFS before spells at the FSA, as chief economist at the Department for Education and as director of public spending at HM Treasury, where he also served as deputy head of the government economic service. He has also spent time working on public policy at Frontier Economics. He is a frequent contributor to written and broadcast media and has made a number of radio programmes. He has published extensively on the economics of public policy including tax, welfare, inequality, pensions, education, climate change and public finances. He is author of major books on pensions, tax and inequality.

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2018 2018 Programme

Roundtable Meeting – Pay Issues, Trends, Obstacles and Opportunities

Afternoon Discussion Meeting Date Wednesday 19th September 16.30 – 19.30 Venue Eversheds 1 Wood Street London, EC2V 7WS

Executive pay in the UK continues to attract attention, create headlines and, ever more frequently, be the subject of shareholder-driven criticism. So what is the reality of the current reward scene, what are the key issues for reward specialists in the medium and longer term, and what might we do to address the issues? In this Chatham House discussion we shall consider the question from an operational standpoint – what are the most pressing issues for businesses and what are they doing to address them, and, looking more broadly, what reward consultants are working on for the future. In a broad debate encouraging the sharing of perspectives and prompted by our speakers, we shall be looking to identify the real problems, themes going forward and how the present unsatisfactory situation might be improved, in an ever more demanding and uncertain political and economic climate.

John Beadle is Head of Performance and Reward at Rio Tinto. His portfolio includes performance management, board and executive reward, employee reward, benefits, international mobility and HR Information Technology. He has over twenty years’ experience in reward and human resource management in the consumer goods, financial, information technology and pharmaceutical industries, having worked in a variety of international HR roles in the UK, Europe and the US. Stephen Cahill is a Partner at Deloitte UK. For over 20 years, he has advised companies on compensation strategy and equity incentives, having previously been head of executive compensation and leader of Mercer’s human capital business in Western Europe. Stephen has extensive experience globally across all aspects of executive remuneration, including total compensation reviews, long term incentive design and consultation with institutional investors. Gordon Clark has over 20 years’ experience advising Boards and Remuneration Committees on executive remuneration. In a career at McKinsey, Strategic Compensation Associates, Kepler Associates and Mercer, he has advised a third of FTSE100 Boards and Remuneration Committees.

Clockwise from top left: John Beadle, Stephen Cahill, Gordon Clark, Derek Steptoe.

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Derek Steptoe is the Worldwide Compensation & Benefits Director of WPP, a role he has held since 2010. WPP is the largest global advertising and media company with in excess of 130,000 employees and located in more than 115 countries. Vastly experienced in all aspects of compensation and benefits strategy and delivery, Derek held previous senior level appointments with BHP Billiton and Vodafone.


2018 2018 Programme

International Conference, Lisbon: Building and Sustaining High Performance Teams – Learning from Analogies

International Conference Date Monday 1st – Wednesday 3rd October Monday 1st Welcome drinks reception: 19.00 – 21.00 Tuesday 2nd 09.00 – 17.00 (followed by dinner) Wednesday 3rd 09.00 – 15.30 Venue Corinthia Hotel, Av. Columbano Bordalo Pinheiro 105, 1070-041 Lisbon, Portugal There is a non-refundable accommodation cost of £210 + VAT per night for those who wish to stay at the conference venue. We recommend a two-night stay – Monday 1st October and Tuesday 2nd October. Please note that places at the hotel are limited. Attendance for nonmembers is £1,500 + VAT (excluding flights and accommodation). Clockwise from top left: Ina Toegel, Stephen Bungay, Tomas Chamorro-Premuzic, Dominc Mahony, Gernot Schulz, Paula Marques.

Who is it for? Senior business people, HR leaders and specialists who can see the benefit of analogies as an aid to identify, prioritise and deliver strategy and operational excellence leading to high-performing teams. Overview We will consider the way elite sportspeople, the military and musicians come together and perform at the highest level for sustained periods, as well as glancing back to lessons from Portuguese history. The conference will challenge us to be open minded in looking at events which will provide valuable learning points for us and our organisations. Content Our speakers will share their experiences from diverse activities and ask us to reflect on what we might learn from them. • Sport. Teamworking, organisation and commitment can sometimes overcome superior skills and resources but sporting winners know how to assemble resources to maximise their chances of success. • The Military. The Red Arrows continue to be the best known and most prestigious name in formation aerobatics. What keeps them successful, what are their values and how much is down to training and discipline and how much to individual competence? • Music. How does the conductor bring together a group of unfamiliar professionals and, in a short period of time, get them to work collaboratively to deliver a complex product. • History. During the age of discovery – the great sea voyages – Portugal was a world leader in managing with measured risk taking, the harnassing of resources and entrepreneurial flair. So what is different today? Our conference will be interactive and participative with contributions from attendees providing much of the content through informal discussions and networking. Ina Toegel is Professor of Leadership and Organizational Change at IMD and will Chair our conference. Her teaching activities include experiential learning and focus on a range of topics – from leading self and leading high-performance teams, to emotion management and leading organisational change. Her research focuses on the areas of team dynamics, organisational change management and top management teams during corporate renewal. Dr. Stephen Bungay is a Director of the Ashridge Strategic Management Centre and teaches and consults on strategy, organisation and leadership. He has published a number of books on military history and is a frequent contributor to television programmes. Dr. Tomas Chamorro-Premuzic is an international authority in psychological profiling, talent management, and people analytics. He is the CEO of Hogan Assessment Systems, Professor of Business Psychology at UCL, and visiting Professor at Columbia University. Dominic Mahony is a Director at Lane4 with 18 years change, development and leadership experience. Dominic, who was British junior and senior Modern Pentathlon and epeé champion, won an Olympic bronze medal in 1988 and has been the GB Modern Pentathlon Manager of multi-medal winning teams at five Olympic Games. He is now a Non-Executive Director of Pentathlon GB. He served in the Army for 12 years. Professor Gernot Schulz is an experienced musician and conductor, and regularly discusses with executives what they can learn from an orchestra and a conductor’s leadership. He has conducted the Berlin Philharmonic Orchestra and is a welcome guest at prestigious orchestras across Europe, South America and Asia. Paula Marques is Director of Executive Education at Porto Business School. An economist, she has extensive business experience with PwC, private equity and investment banking companies. She is responsible for open and customised programmes at Porto, development of academic and industry partners including the establishment of corporate academies.

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2018 Review and Dinner – Our Political Landscape

Members’ Dinner Date Wednesday 28th November 18.30 – 22.00 Venue The Lanesborough Hyde Park Corner London, SW1X 7TA

Following what will undoubtedly have been a turbulent and unpredictable twelve months, 2019 will see continuing global, political and economic uncertainty. Brexit negotiations should be forming some sort of conclusion and President Trump will reach the halfway stage of his first term, at least. There will be no shortage of material for Gideon to review – Europe, the US and Korea and the Far East. As ever, we look forward to his take on issues and his thoughts on the ensuing year. What should companies be looking for and how can they best prepare for global and national political environments which will undoubtedly impact on their businesses. Our end of year members’ dinner will be a stimulating and thought provoking event at which we shall also be launching our 2019 PARC Programme which will reflect these uncertainties.

Gideon Rachman is the London-based foreign affairs commentator for The Financial Times. He speaks authoritatively about economics, politics and globalisation as they apply to Asia, Europe, the Middle East, the Americas and more invariably informed by his remarkable access to world leaders. Previously he was with The Economist for 15 years including as a foreign correspondent in Brussels, Bangkok and Washington and as business editor. Gideon has written a number of books, the latest being Easternisation: War and Peace in the Asian Country, as well as being a regular contributor to a number of publications worldwide. He received the 2016 Orwell Prize for Journalism, Britain’s most prestigious prize for political writing and is a regular broadcaster and speaker. A graduate in history from Caius College, Cambridge, he has been a visiting fellow at the Woodrow Wilson school in Princeton University.

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Our Associates

CRF Learning Main contact: Richard Hargreaves, Commercial Director Email: richard@crforum.co.uk Tel: +44 (0) 20 3457 2640 • Mobile: +44 (0) 7787 411 572 CRF Learning builds on CRF’s unique blend of research and practical experience to deliver leading edge development for the HR profession. The suite of open programmes engages specific HR communities to improve their effectiveness in impacting their organisational performance. The annual programme of learning is complemented by custom programmes through the design and delivery of tailored solutions.

Corporate Research Forum Main contact: Richard Hargreaves, Commercial Director Email: richard@crforum.co.uk Tel: +44 (0) 20 3457 2640 • Mobile: +44 (0) 7787 411 572 Founded in 1994, Corporate Research Forum (CRF) is a membership organisation whose international focus is on research, discussion and the practical application of contemporary topics arising from people management, learning and organisation development. CRF has become a highly influential focal point and network for over 200 members representing a cross-section of private and public sector organisations.

Strategic Dimensions Main contact: Dan Caro, Senior Director Email: dan.caro@strategic-dimensions.co.uk Tel: +44 (0) 20 3457 2650 • Mobile: +44 (0) 7977 590 242 Strategic Dimensions was established in 1994 to fill a clear market need for talented HR practitioners across all disciplines. Strategic Dimensions places senior HR professionals into a range of business sectors in the UK and internationally and have established an unrivalled network across the HR community and with consultants, businesses leaders and academics. Recognising that the world is very different today, Strategic Dimensions works hard at understanding the changing business landscape and ensuring that they are in tune with the issues facing their clients.

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Southside 105 Victoria Street London SW1E 6QT United Kingdom Tel: +44 (0) 20 3457 2630 info@parcentre.co.uk www.parcentre.com

PARC 2018 Programme  

The 2018 PARC Programme sets out the topics we will be discussing in the coming year, all of which are relevant to the wider business agenda...

PARC 2018 Programme  

The 2018 PARC Programme sets out the topics we will be discussing in the coming year, all of which are relevant to the wider business agenda...