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Forty chief executives and senior staff from the FMA’s membership accepted the invitation from Richard Sykes to join him for the inaugural luncheon in what transpired to be a highly successful venue where the free exchange of important views on the sector and economy. Some members met for the first time. The success was reinforced by energetic networking which took place before and after lunch and the speeches.
Guest speaker John Cridland Deputy Director General of the CBI gave a resounding view of the economy and praised the FMA for its contribution to the CBI’s representation to Government through its participation in the Trade Association Council where the FMA exclusively represents the sector.
He identified a number of key CBI initiatives where savings could be made where lessons from the private sector could reduce public sector debt.
• Learning from private sector practice on managing workforce costs can yield £27bn savings by 2015-16; improvements in productivity can also be achieved
• Non-core activities are best provided by the private and third sectors unless it is essential for them to be provided in-house. Changes here could save £30bn by 2015-16
• Cutting waste on lengthy procurements, consulting and advertising could save a minimum of £16bn by 2015-16
• Funding mechanisms must be reformed, with greater use of co-funding, individual budgets and pooling funds at local level to maximise successful outcomes.
• Radically re-designing the delivery of public services could improve or maintain quality and deliver a total of £63bn of savings by 2015-16.
He expanded by saying that the Government’s approach to dealing with its deficit will be vitally important to all of the UK industries but in particular to our services sector. Under the CBI banner ‘more for less’ he mentioned that the government would need to take a holistic view on how to reduce costs – rather than the salami slice approach. The more effective procurement of services could save the Government £millions. Lastly he stated that by carrying the actions in a recent CBI report could reduce UK plc’s debt earlier than the Governments targets.
Richard Sykes is delighted with the positive comments and indeed the attendance of the UK’s prominent FM players and fully intends to repeat the event next year. He also thanked KPMG (FMA Member for providing the venue.)
The CEO’s and Senior Staff were from the following organisations; Asset Skills, Atkins Global, Bailey Teswaine, Balfour Beatty WP, Carillion Consulting, CBRE, Clockwork Removals, Eurest Services, Europa, Faceo, Freidman, FRL, FSI Facility Solutions, G4S, Harrow Green, House of Lords, HSS, ICM Ltd, Incentive FM, Integral, ISS Adviance, KPMG, Mitie Client Services, Norland, OCS, Operon, Olswang, Partnerships for Schools, PFM, Reliance Facilities, Rollright Facilities, Savills, Spie Matthew Hall TNTBusiness Solutions and Vinci Facilities.
The FMA is indebted to Lord Mackenzie of Framwellgate who lent his support to this event – he also launched our Young Managers’ Forum in 2006.
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