Shaylor Group Donates £35k to Teenage Cancer Trust

National contractor Shaylor Group is delighted to have smashed its target of £10,000 to donate to their chosen charity for 2015-16, Teenage Cancer Trust. 


Teenage Cancer Trust is the only UK charity dedicated to improving the quality of life and chances of survival for young people with cancer aged between 13 and 24. The company chose to support this incredibly worthwhile cause as one of Shaylor Group’s longstanding employees experienced the amazing service they provide whilst his son fought a rare form of bone cancer. As a result, the entire company whole heartedly threw themselves behind fundraising which has led to a magnificent total of £35,000 being raised in under 18 months.


On Tuesday 5th July Stephen Shaylor, CEO of Shaylor Group, presented a cheque for £35,000 to Emily Cooper and Lottie Kendall, Regional Fundraisers for Teenage Cancer Trust at the company’s Aldridge Headquarters. The funds were raised from a wide number of initiatives including teams participating in the Wolf Run, the Fred Shaylor Golf Classic and the world record breaking ‘Skydive For Stephen’ event in memory of Stephen Sutton.


Mr Shaylor commented “Obviously Teenage Cancer Trust is a cause very close to our hearts which is reflected in the magnificent sum we have raised as a company. Our big hearted staff and supply chain partners have worked tirelessly taking part in events and running competitions to raise the funds.”


On behalf of Teenage Cancer Trust, Emily Cooper added “We loved working with Shaylor Group. Their staff worked tirelessly to raise funds that will enable us to support young people with cancer. Thanks go to everyone at Shaylor Group for their incredible support and generosity.”


To learn more about how Teenage Cancer Trust support and care for young people living with cancer visit www.teenagecancertrust.org  

Charles Tilley OBE steps down as CEO of CIMA and becomes Executive Chairman, CGMA Research Foundation

Following the overwhelming support of CIMA members last month to establish the world's largest and most influential accounting association - bringing together CIMA with the AICPA - Charles Tilley has decided to end his 15 year tenure as CEO of CIMA, stepping down from his role on 31 July 2016.  


As colleagues and friends will warmly recognise, Charles Tilley is fond of saying; 'there’s never been a better time to be a management accountant'.  And he's right as new opportunities open up for management accountants as CFOs, FDs, CEOs and Chairmen in leading businesses and other organisations across the world.  


Charles Tilley will continue to play an active role going forwards. He will become the part time Executive Chairman of the newly established CGMA Research Foundation focusing on senior business relationships and their needs from management accounting with a particular focus on raising the awareness and driving the adoption of the Global Management Accounting Principles. He will also continue to play a wider representative role advancing the agenda of building better business trusted by society.  


Speaking for CIMA members President Andrew Miskin commented: “I am delighted to pay tribute to Charles. He has played a critical role in driving the formation of the new Association. CIMA has never been better known, more respected or influential. Charles has transformed CIMA as an active force across Asia and has opened up North America. His commitment to rigorous research focused on the current and future needs of business ensures the relevance of those who are CIMA qualified. He helped forge the Global Management Accounting Principles, the basis of the world’s first global standard for management accounting, BSI PAS 1919”.


Charles Tilley added: "I have been tremendously honoured to serve as CEO of CIMA. With member endorsement achieved, the next step is to establish the Association, successfully implementing the integration of strategy, management and operations, laying the strongest possible foundations for the CGMA designation. At this next stage of the development of CIMA I believe the time is now right to stand down. I am enormously grateful to members, staff and partners for all they have contributed whilst I have been CEO". 


Barry Melancon, President and CEO of the AICPA remarked: "I am delighted that Charles has responded positively to my request that he stay on adding his insight, wisdom and guidance.  As we make history forming the new Association I and colleagues are all too keenly aware that we simply could not have done it without Charles".


Andrew Harding, currently CIMA's Managing Director, will become acting CEO from 1 August until the Association is formed in January 2017 - he will then become the first CEO of the new 'CGMA Unit' of the Association. Andrew added:
"Charles has been a tremendous and inspirational colleague and leader - on behalf of all staff together with senior colleagues, I warmly wish Charles, Sarah and his family the very best whilst strongly welcoming his continuing relationship with CIMA going forwards. 


“I am delighted to be leading CIMA and the new CGMA Unit - and very much look forward to working with our members, partners and students across the world in forging the new Association".

Alistair Darling & Sir Clive Woodward gave keynote presentations at the CFO Agenda in London yesterday

Paul Hooper-Keeley with former Chancellor, Alistair Darling, at the CFO Agenda

Yesterday's CFO Agenda conference, organised by Financial Director Magazine, was a thoroughly interesting day that certainly held the interest of the large number of finance professionals in attendance.


Sir Clive Woodward opened the day with an excellent keynote that went through his T-Cup methodology (Thinking Correctly Under Pressure) amongst others, and was very well received.


There were excellent panel sessions on effective change management, penions, corporate culture, the apprenticeship levy, the digital finance function and the controversial subject of tax avoidance v tax planning.


Of course the elephant in the room was Brexit and the domino effect this appears to be having on both the markets and political parties in the UK, and this was tackled by an excleent panel on EU Membership followed by a keynote by former Chancellor, Alistair Darling. He was both honest and pragmatic about the position the nation now finds itself in, highlighting the fact that the 'Leave' camp appear to have no plan in place as they clearly didn't expect to win the referendum. He then undertook a lenghty Q&A session and stopped around afterwards to answer questions on a one-to-one basis.


A very rewarding and well organised day and I would highly recommend that you attend future events that Financial Director Magazine organise.

CIMA West Midlands Prestige Event brought almost 200 senior finance professionals together to hear Justin Urquhart Stewart's keynote presentation

A big thanks you to Justin Urquhart Stewart for his excellent keynote presentation and Q&A session, to MC MIke Pagan for keeping the night on track, to our sponsors, HSBC & Moore Stephens LLP, to our area co-ordinator, Julie Wiits, for putting the event together, and for the almost 200 senior finance professionals who attended on the night. Thank you.

Members endorse CIMA’s long-term strategy

In April 2016, Myriam Madden (then, CIMA’s President) wrote to the membership about our long-term strategy and the proposal from CIMA’s Council to evolve our joint venture with the American Institute of CPAs (AICPA) and create a new association that would represent the breadth of the accounting profession. 

The ballot recently took place and we are pleased to share the results for both CIMA and the AICPA. An overwhelming 89.7 per cent of CIMA members voting endorsed our strategy and proposal. Likewise, 85.6 per cent of the AICPA members who voted supported the proposal to create a new association. 

CIMA’s Council had been considering how to adapt to today’s faster and more competitive world and the proposal which has now been endorsed will build on our existing joint venture which has seen a number of successes, including the creation of the CGMA designation. Through the creation of the Association, we aim to accelerate CIMA’s long-term strategy to ensure we remain most relevant in the management accountancy space. 

The CIMA and AICPA membership bodies will remain and CIMA will retain its strong focus on management accounting. By joining forces with the AICPA, we aim to become the world’s most influential professional body of accountants while continuing to operate the two membership bodies our communities have collectively trusted for many decades. We will also aim to advance the entire breadth of the accounting profession – both management and public accounting – and continue to raise the profile of the CGMA designation globally to further enhance our employability and recognition. 

We will keep everything we value from CIMA while benefiting from the combined strength of the two organisations. We will be stronger together, allocating resources more effectively and achieving greater efficiencies to deliver better services and benefits to our members. Our membership of CIMA, our designations, our Council and Royal Charter will all remain, but we will automatically become a member of the new joint venture Association. 

The new Association will build on the history and reputation of both CIMA and the AICPA and by integrating strategy, management and operations, we aim to become stronger, provide greater and more responsive services to better serve both our current and future members in the competitive challenges that lie ahead. 

Through our feedback from members we have learned how they see the future direction of CIMA and management accountancy. We now have a deeper knowledge of the views of our members across the world, and CIMA’s work to support you and raise the profile of our profession will be all the stronger for it.

Today marks the start of a journey as we commence working to integrate our operations. Implementing the proposal will begin straight away, and while full integration will of course take time, the new Association will launch in 2017 to deliver additional value to the members.

How to be a Productivity Ninja™– Free CIMA & AAT event in Crewe on 22nd June

Worry less, achieve more, love what you do.

Information overload is a big problem. We are all overwhelmed by it and is a potential distraction we face in our work.  It is no longer enough just to focus on your time management, it is time to think about how you manage your attention and focus, your projects, actions, your choices and habits. 

Date: 22 June 2016 - 6.30pm 

Location: Wychwood Park Hotel, Crewe CW2 5GP 

Price: No charge - Buffet served on arrival  

Book: email julie.witts@cimaglobal.com  

What you can gain

This session will cover: -

The nine characteristics of the productivity ninja.

How to stop email and the internet taking up your whole day.

Beating procrastination.

How to replace demoralising lists with a more productive personal productivity system.

Fighting distraction and interruption.

Staying focused, on task and in the zone.

Replacing constant firefighting and confusion with a purposeful structure and plan.

Managing your energy, concentration and motivation in a sustainable way.

You will leave the session with some practical tools to boost your productivity, reduce your stress levels and ultimately make things happen in your work and life. 

Speaker Details

Our guest speaker, Grace Marshall, is the author of the Amazon bestselling book, ‘21 Ways to manage the stuff that sucks up your time’ and the newly published ‘How to be really productive: achieving clarity and getting results in a world where work never ends’.  She is also a qualified coach, NLP practitioner with a degree in international management and a productivity ninja with think productive.

Grace admits she is not a naturally organised person. Her passion for productivity began when she got fed up saying ‘I haven't got enough time.’  She specialises in helping busy time jugglers find ways of getting things done with less stress, less overwhelm, more fun, enjoyment and fulfilment and does her own juggling with two young children and her own coaching business.

Doosan Infracore Machine Tools acquired by MBK Partners reports Machinery Market

The newly created Doosan Machine Tools Co Ltd was officially launched on 2 May, following the recent acquisition of Doosan Infracore Machine Tools BG by the Korean company MBK Partners.  

At a special ceremony held at the newly launched company’s Changwon factory in South Korea, senior management representatives presented its ambitions and plans for the next 40 years.  

New Start 40 focuses on the company continuing to grow its share of the global machine tool market, with the aim of becoming one of the top three suppliers in the medium term. Doosan Machine Tools (then called Daewoo Machinery) was launched as part of Daewoo Heavy Industries & Machinery on 1 July 1976. It was subsequently acquired by Doosan Group and operated as part of Doosan Infracore until 2 May this year.  

Currently, Doosan Machine Tools Co Ltd operates three manufacturing facilities, four subsidiaries and 18 technical centres; it also has a global network comprising 122 dealers — including Leamington-based Mills CNC, which is not only the exclusive distributor of Doosan machine tools in the UK and Ireland but also a long-established Technical Partner.