Boyden UK Interim Management Insights

The rapid influx of COVID-19 is having a global impact, the likes of which we have not seen in our lifetime. There are of course primary concerns surrounding the impact on people’s health, capacities in our hospitals and care centres, and supplies and safety for our health care workers. But the dire economic effects of this pandemic, effects we are seeing reflected in the stock market and across so many businesses and industries are exceptionally challenging to address with certitude. We have seen drastic moves in how businesses are operating. The UK is experiencing a near full lockdown, with all possible non-essential personnel working remotely. News is spreading of businesses such as 

This crisis changed the way we live our lives.
For the better. For ever. Just imagine.

Words are not sufficient enough to express just how grateful we are to the frontline staff who are tackling this tragic and devastating global virus. Here in the UK there are reports of Doctors and Nurses and associated medical staff who are having to work without appropriate PPE. We will never be able to thank them enough. On a daily basis they continue to put their own health, and the health of their families to one side whilst they try and help save people from dying from this virus. Paramedics, Police, Fire Brigade, Military services and of course our incredible health staff are putting themselves at risk on a daily basis, and it is not very often we stop to say thank you. On Thursday 26th March at 8pm, up and down the country people stood on their doorsteps and clapped to show the NHS our eternal gratitude and thanks to the amazing workforce that make up this incredible national institution. I really do hope this helps to convey even in a small way just how much we appreciate our NHS staff.

We are functioning in a moment of uncertainty. We don’t even know how long this moment will last, or what it will look like on the other side. It is in these challenging times that we need strong, global leadership. Directives from government officials showing that they understand the severity of the crisis and instituting mandates that support businesses and citizens.  We saw incredible leadership this week. It was announced that the IR35 reforms will be delayed until 2021 in light of the COVID-19 crisis. This move is part of the measures the government has put in place to protect the economy against the backdrop of uncertainty due to COVID-19. For many in the interim management industry who have been campaigning against the reforms for so long, this will be a welcome move and relief in such challenging times. I have been working in the interim management industry for almost 20 years and work with leaders quite often during times of transition, when there appear to be no answers

It is sad that it takes a crisis to remind us of what is important in life, but the way in which people pull together at times like this is quite beautiful.

IR35 reforms delayed in the Private Sector Until April 2021

Boyden's Nick Robeson shares his top recommendations to accelerate greater board diversity. 

Our recent networking lunch focused on this theme. 

Boyden's Global Aerospace & Defence Sub-practice came together to discuss 2019 and the outlook for 2020. Which proves to be an interesting year with geopolitical complexities creating new challenges and opportunities across all international markets.