This page contains a Flash digital edition of a book.
18 . Glasgow Business May/June 2013


Trust and whisky were the two topics for the recent Glasgow Talks events The value of trust

Te decline in public trust in institutions and what that means for businesses was the theme of the first in a series of Glasgow Talks events. Shonaig MacPherson, a

leading lawyer and non-executive director, said that many major institutions in society bear the brunt of that decline in trust. From the horsemeat scandal to

the activities of certain elements within the Financial Services Industry, many different strata were, she said, now under the microscope. Shonaig explained why

businesses should be concerned about this, particularly in relation to reduced trust in companies. In her view, increased

regulation and ‘red tape’ were not good ways to try and improve trust because they tended to get in the way of human judgement. She said that the situation was

not hopeless but that there are still opportunities for businesses to turn the tide and once again secure the public’s trust. She said that people were now

looking more to their peers and that social media was puting everyone under the spotlight. While she said that could lead

to situations where trust is eroded, it could also allow businesses to build reputations from the botom up in a way that could be more organic. She spoke of how Glasgow as a

city can function as a changing environment when it came to trust. If people are confident in the

city’s credentials as an honest place to do business, it will continue to thrive and big global opportunities such as the 2014 Commonwealth Games are the ideal scenarios to demonstrate these capacities.

Stuart Patrick with Shonaig MacPherson (top) and (above, from left) the Scotch Whisky Association’s Gavin Hewitt, Douglas Crawford of Morrison Bowmore Distillers and Gerry O’Donnell of The Edrington Group

Whisky: Scotland’s exports top performer

Scotch whisky’s vital contribution to the Glasgow and Scotish economies was the subject of an April Glasgow Talk held at the Teachers Building, the former home of Teacher’s Whisky. A speakers panel featured

Gavin Hewit, Chief Executive of the Scotch Whisky Association; Douglas Crawford, Finance Director at Morrison Bowmore Distillers, and Gerry O’Donnell, Public Affairs Director for the Edrington Group. Each speaker shared a number

of observations from their experience in the industry, before

taking questions from the audience. With a heavy focus on growing

international markets for Scotch whisky, Gavin Hewit shared several striking statistics on the industry’s success, perhaps most notably that the value of whisky exports have increased by 87 per cent over the last decade. Whisky accounts for 25 per cent of all UK food and drink exports. Mr Hewit, who has previously

enjoyed a long career in the UK diplomatic service, went on to discuss the many barriers facing whisky producers seeking to enter foreign markets, of which there are more than 600. He suggested that only

through free trade agreements, such as one recently established between the EU and South Korea, could the industry avoid damaging tariffs, like the 150 per cent rate imposed on Scotch in India. Douglas Crawford gave an

outline of the history and values of Morrison Bowmore. He discussed the relationship between the business and its Japanese parent company Suntory, reflecting on the increasingly global nature of Scotch. Gerry O’Donnell delivered a

plea for Scots to rediscover their zeal for a drink that is far more versatile than it is oſten given credit for. He highlighted the fact that

around 80 per cent of all final production of Scotch whisky takes place within the Glasgow area. Te industry also makes

a high level of investment to infrastructure, a figure expected to be more than £2 billion over the next four years. Mr O’Donnell urged the

audience to consider both the economic and social contribution that Scotch makes to the country.

Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52