New IoD of­fices opened at busi­ness school

Western Mail - - BUSINESS -

FIRST Min­is­ter Car­wyn Jones has opened the In­sti­tute of Di­rec­tors in Wales’ new of­fices at Cardiff Busi­ness School.

IoD di­rec­tor gen­eral Stephen Mar­tin com­bined the launch with a meet­ing with Welsh Sec­re­tary Alun Cairns at the Senedd.

He said: “Re­lo­cat­ing the IoD in Wales to Cardiff Busi­ness School and all its fan­tas­tic fa­cil­i­ties and re­search pro­vi­sion gives our mem­bers the op­por­tu­nity to work to­gether with ed­u­ca­tion and fur­ther en­hances our re­la­tion­ship with stu­dents so that we can help de­velop the best pos­si­ble fu­ture di­rec­tors.

“With the chal­lenges ahead, that has never been more im­por­tant.

“Last time I was in Wales I was cel­e­brat­ing my first 100 days in post. I vis­ited Sony on that oc­ca­sion and to see among other man­u­fac­tur­ing prod­ucts, the pro­duc­tion of the Rasp­berry Pi (the low-cost, credit card-sized com­puter). That sort of ‘best in class’ level of tech­nol­ogy is some­thing that Wales can be very proud of.

“There are plenty of in­dus­try lead­ing busi­nesses in Wales and that they ex­port all across the world is ex­em­plary.

“The agri­cul­ture and the con­struc­tion, life sciences, cre­ative in­dus­tries and cy­ber se­cu­rity busi­nesses that are com­ing out of Wales are hugely im­pres­sive.”

Mr Jones added: “We know that we don’t lack en­tre­pre­neur­ial spirit and flare in Wales but what was miss­ing for so many years was the struc­ture to sup­port that. Uni­ver­si­ties train and pro­duce those peo­ple who go on to em­ploy oth­ers and sup­port startup busi­nesses that may start small, but can also grow.

“It makes per­fect sense for the IoD to be based here and for busi­nesses, what­ever their size, it is hugely im­por­tant to be able to learn from the ex­per­tise here. This is the be­gin­ning of what I be­lieve will be a very ben­e­fi­cial ex­am­ple of mu­tual co-op­er­a­tion.”

Cardiff Busi­ness School is one of only two UK busi­ness schools to have been ranked in the top 10 of each of the Gov­ern­ment’s five re­search as­sess­ment ex­er­cises since 1992.

Robert Lloyd Grif­fiths, di­rec­tor of IoD Wales and a for­mer stu­dent of Cardiff Busi­ness School, said: “I am an alum­nus of the school and the IoD has al­ways had very close links with the univer­sity and all the school has to of­fer in terms of in­no­va­tion, in­sight and world-lead­ing re­search.

Pro­fes­sor Mar­tin Kitch­ener, dean and head of school, added: “It is my hope that this ex­cit­ing co-lo­ca­tion will of­fer even greater op­por­tu­ni­ties for IoD mem­bers to col­lab­o­rate with our fac­ulty and stu­dents for their mu­tual ben­e­fit.”

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