10 news


Solent businesses are making a difference


Energy efficiency solutions company Anesco has helped create a renewable power station in Dorset which will generate all the energy needed by the nearby Bourne Park Industrial Estate.


Covering almost two acres of land, the green power station can generate up to 250 kilowatts of energy and around 250,000 units (kilowatt hours) per year, which is the equivalent of the power used by 100 UK households in the same period.


This is the third time Anesco has been appointed to work with renewable power generation company, Farm Power, which commissioned the project, and in just four weeks it had installed and powered up 1,076 solar panels on the farmland at Piddlehinton.


cultural trust which manages and operates the Bournemouth International Centre and Bournemouth Pavilion, has – through a series of energy saving activities during the past 18 months – significantly reduced energy consumption and carbon emissions during 2011.


During the past two years, carbon dioxide emissions at the venues have been reduced by more than 500 tonnes per year equating to £140,000 in savings.


Mark Simon, MD of Farm Power


Mark Simon, managing director of Farm Power, said: “The project at Bourne Park is the perfect example of how a blend of renewable technologies can be effectively used together.“


In another environmental coup, BH Live, the leisure and


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Steve Piper, head of venues for BH Live, commented: “Managing energy consumption for the Bournemouth International Centre and Bournemouth Pavilion, which are large and challenging venues, is a priority. We have been working closely with Bournemouth Borough Council to integrate energy saving systems at the Bournemouth International Centre, including solar energy panels and water heating systems to help reduce emissions and energy consumption.


“One of the most significant changes we have made is the appointment of a dedicated member of the team who is responsible for managing the internal environment in each of the venues and identifying where energy saving improvements can be made.“


Another organisation, CBRE Group (CBRE), showed its commitment to sustainability when it participated in WWF’s Earth Hour 2012 – a symbolic and unified call for action to reduce the impact of climate change.


Hundreds of millions of people in more than 150 countries switched off non-essential lights for one hour, including CBRE-managed properties which participated in Europe, the Americas, the Middle East, Asia and the Pacific. The Group covered an area of 722 million sq ft, breaking its previous global record and surpassing its goal of 500 million sq ft.


www.businessmag.co.uk


Leadership turnover lower than perceived


Research into the leadership structure of the UK’s largest companies, carried out by the University of Southampton in collaboration with executive search consultants Thorburn McAlister, suggests turnover rates or ’churn’ in the position of chief executive are much lower than commonly perceived.


A report funded by Thorburn McAlister and the Southampton Management School examined data from companies in the FTSE- 350 index to explore changes in senior executive and board positions during a five-year period.


Results show:


• just 51 chief executives moved to their job from another chief executive position.


• 66% of recruited chief executives in the FTSE-350 are internal appointments. This may indicate that boards wish to maintain strategic continuity by appointing home-grown talent.


• average length of service of a chief executive in the FTSE-350 is 6.35 years and 5.91 in the FTSE- 100. Previous reports of tenure in the FTSE-100 have suggested an average figure of 3.25 years.


• markets appear to value long- service and maturity – with chief executives in service for more than 10 years demonstrating the highest growth in their company’s share price.


• 85% of chief executives in the FTSE-350 are of the baby- boomer generation (born 1945-65), with just 13% from generation-X (born 1966-80) and none from generation-Y (born post 1981).


• just 14 chief executives in the study were women.


Research leader and head of the Southampton Management School Malcolm Higgs said: “Evidence suggests moving around occurs far less than assumed. In these financially turbulent times, with pay and bonuses in the spotlight, we should ask ourselves if high levels of remuneration are really keeping people in post, or if the impetus to move isn’t as strong as perceived.“


THE BUSINESS MAGAZINE – SOLENT & SOUTH CENTRAL – MAY 2012


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