Category: Front Line

  • Adam Page: ‘It’s indefensible to be involved in business and not understand finance’

    Adam Page

     

    This is the story of a fantastic journey.

     

    But first, I have to explain something. I’ve been in far more pitching sessions – either raising money myself or as a potential investor – than I can remember. I’ve met, worked with or employed innumerable consultants. I’ve watched hundreds of senior directors as they’ve sat in countless board meetings. I’ve written and read acres of financial reporting. I’ve worked with a few hundred wealth and asset management professionals. I’ve led a good few investment research teams.

     

    And the one question that has hung – unanswered – in the air over and over again has been this: “Why on earth is it that the majority of these people have clearly never bothered to educate themselves about the one matter that lies at the heart of all business: finance?” Why are they sitting here, so evidently naive and so clearly bewildered about even the most basic concepts that make finance tick? Are they really that unaware of how unprofessional, how much less relevant to the conversation, they appear compared to those folk in the room who have got their heads around finance?

     

    I’ve always believed that it’s not only indefensible to get involved with business without a sound understanding of how finance works, but that it bestows such a huge (and easy) career advantage. Moreover, it’s just not that hard to learn.

     

    And those are three dirty little secrets about finance. First, you’re handicapping yourself badly if you run away from it; secondly, it really quickly sets you apart from everyone else if you do understand it; and thirdly, it’s much easier to learn than most people think.

     

    But there’s a fourth. It’s subtler but probably even more powerful: to think of finance as simply being about accounting is to make a huge error. Accounting is one small part of finance. I’m not an accountant. I don’t have the disposition for it. But I do know finance, and to me and others like me, finance is up there with great marketing, or engineering or product design. It’s inventive. Creative. It’s future-oriented, and is all about building value, serious value, for yourself, and for the business (and about avoiding destroying value – something the financially illiterate are all too prone to do).

     

    So in this short series of articles, I’m going to argue that one of the most powerful things you can do – in terms of your own career development – is to take some time to learn about finance, to understand the principles and the language that preoccupy the great entrepreneurs, the great business leaders, the great consultants, in a million conversations a day, in every business environment around the world, and that by doing so you will present yourself in a whole different class from everyone else chasing the same roles, the same opportunities, and the same careers.

     

    Let me start off by painting a picture of my own career so far.

     

    How did I first get involved in finance? Pretty easy really. I was in my early-20s, drifting around a little, unsure of what to do with my life, when I had a life-changing conversation with my father. I’ll tell you his exact words at the end of this article but, broadly, he pointed out that in every domain of human endeavour, finance was involved. Made sense. So I enlisted on an evening program, two nights a week for a year in a post-graduate diploma in finance.

     

    At the time, I had just started working as a computer industry journalist – despite knowing nothing about the computer industry (in my first week my editor bought me the Ladybird Book Of Computing to help things along).  But just by virtue of choosing to study finance, by committing to it, my editor made me the finance editor of that publication.

    Fast forward about nine months, and I was recruited by another publishing company to be the editor of a publication that wrote about investment in technology companies. My salary doubled. Fast-forward a year from that, and I was recruited by Union Bank of Switzerland to be one of their securities analysts specializing in UK and European technology, telecoms, software, that sort of thing. My salary quadrupled.

     

    But then a year later I was then made head of Small Caps research which meant I could poke my nose into any industry I was curious about. And, boy, I did. I dived right in and spent time looking into a huge range of businesses and questioning the Chairmen, the CEOs, the COOs, and the CFOs about how those different industries and their companies worked. (And my salary went up about 50%.)

     

    I looked at computing, software, telecommunications, electronics, biotechnology, power and optical cabling, defence electronics, estate agency, open clay mining, furniture manufacture, lace manufacture, lingerie manufacture, the music industry, the funeral industry, health & medical businesses, publishing companies, and many more.

     

    Endlessly curious, after seven years I left the investment banking world – having also worked with UBS and Natwest Securities) and then spent a decade flying between London, Hollywood and the Cannes Film Festival, financing the film industry. That in turn led me again into the music industry, animation, digital content, television and from there into live entertainment.

     

    By this time I was operating in more entrepreneurial environments, too, better described as venture capital and private equity, more complex financial engineering. I got involved in financing food businesses, more in health and medical technology, restaurants, bars and clubs, into fintech, insurance, sports, and time in renewables (wind energy, solar energy, anaerobic digestion etc.), countless start-ups in countless fields, then most recently in life sciences, artificial intelligence and educational technology.

     

    It’s been an extraordinary journey and an incredible education. And throughout all of that, I’ve seen and been involved in some spectacular moments of artful, clever, inventive financing that have elevated ordinary businesses, that have made the difference between founders abandoning their own business or becoming spectacularly wealthy.

     

    And, remember, I’m not an accountant. But certainly I studied, although it was only after leaving investment banking that I studied an MSc in Finance at the London Business School.

     

    The point is finance has opened countless doors, created countless opportunities, shown me countless fascinating situations, and it’s been vibrant and creative and endlessly refreshing.

     

    So in the next few articles I’m going to show you how easy finance actually is. How it breaks down into 12 basic – and entirely common sensical concepts – that individually or in combination lie behind every aspect of finance. They just require familiarity and a confidence with the language. (Oh and some very simple arithmetic.)

     

    So, to come back to what my father said to me all those years ago, “Get your head around finance, son. It’s everywhere, not enough people understand it, it will open endless doors, and I guarantee that no matter where you are or who you’re with, you’ll never, ever be the dumbest guy in the room”.

     

    Adam Page is CEO of Adam Page Training. Go to adampagetraining.com.  

  • Oil-rich nations see the (sun)light in 2024

    Dinesh Dhamija

     

    For decades, oil-rich Middle Eastern nations have ignored the bounties from solar energy all around them in favour of extracting oil and gas from beneath their soil and seas. Yet as the reality of climate change and the tremendous advances in renewable energy technology take hold, the region is gearing up to become a powerhouse in a whole new way.

    Dubai’s $14 billion Mohammed bin Rashid al-Maktoum Solar Park is already operating, with a further phase in progress, including a 262m-tall tower in the desert. The emirate has pledged a further $30 billion to fund a climate investment fund, alongside its existing Masdar renewable energy investment fund.

    In Saudi Arabia, meanwhile, ACWA Power is among the world’s most important power developers in emerging markets, competing with huge infrastructure developers from Europe, the United States and Australia. It has invested more than $94 billion in projects across the Middle East, Central Asia and Africa, many of them in solar, wind and hydrogen technologies.

    Last year’s COP28 climate conference, held in Dubai, highlighted the dual role of Middle Eastern power players: they are in no hurry to decarbonise their economies, but leaders such as UAE President Mohamed bin Zayed and Saudi Crown Prince Mohamed bin Salman have long spoken of their aim to decouple their economies from oil and gas. After all, one day it will run out, and demand is already falling.

    By contrast, demand for renewable energy is increasing exponentially. Prospective solar-generated electricity in Gulf Cooperation Council countries will more than quadruple from 30 TWh this year to 130 TWh in 2030, according to the latest projections, while gas-generated electricity will level off and oil-based generation will fall by a half.

    When you consider the extraordinary transformation of Dubai from a fishing village to a megapolis in a couple of generations, attracting millions of visitors each year, along with the determination of the region’s leaders to pioneer new societies and urban communities, it’s tempting to believe that the region can become a hotbed of renewable energy production. For all their faults, I prefer the enterprise and ambition of Middle Eastern states to the lethargy and corruption of oil-rich nations like Nigeria or Venezuela, which have fallen prey to resource curse.

    The sooner the world – especially those countries like Saudi Arabia with almost nine hours of sunshine per day, all year round – recognizes that solar is the key solution to their energy needs, the sooner we will have a cleaner, more secure and less climate-threatened future.

     

    Dinesh Dhamija founded, built and sold online travel agency ebookers.com, before serving as a Member of the European Parliament. Since then, he has created the largest solar PV and hydrogen businesses in Romania. Dinesh’s latest book is The Indian Century – buy it from Amazon at https://www.amazon.co.uk/dp/1738441407/

     

  • Long Read: Insightful Reflections on a Law Career – Why Many Lawyers Aspire to Be Writers?

     

    Christopher Jackson looks back on his long and chequered experience of the law career and lawyers and gives some advice about the profession

     

    I remember everything about the occasion. The little meeting room at Stevens and Bolton LLP, the excellent provincial law firm in Guildford where I had trained for two years. I remember the kindly faces of the HR manager, Julie Bowden, and the partner in charge of trainees Beverley Whittaker. I remember being asked if I would like to take on a seat in the family department at the firm.

    This was, to put it mildly, generous of them, since I hadn’t been a particularly good trainee. One reason was that I was just out of university and found it hard then, in ways I wouldn’t now, to relate to the problems clients faced: the need to structure a business, or transact a probate, or litigate a minute point of commercial law. It was hard then, with life just getting going, and owning no businesses and having little money myself, to detect the relevance of it all to my own life.

    But really there was a deeper reason for my misgivings about the law. It was the wish to be a writer. To be young is sometimes not to accept the absurdity of our dreams, and I had decided I wouldn’t let go of mine, just yet. But still as I went into that meeting I hadn’t decided for sure what I would say. Mightn’t it be better, if offered a role, to continue to write in the evenings alongside a well-paid job?

    At Finito, we often encounter these sorts of crossroads where one’s wishes and commercial reality vie with one another for the upper hand.

    I think one often forgets when one looks back that one’s path wasn’t certain – it only seems so retrospectively. In my case, I remember being put the question about whether I’d like to join the firm, and I looked out of the window, vaguely hoping the answer might lie there. I wanted a prompt.

    This almost never works: the answer is more reliably found within than without, a fact which tends to be a bane for the indecisive.

    But that doesn’t mean we shouldn’t pay attention to the external world: though it won’t absolve us of responsibility, it’s always giving us hints, if only because its very existence is a constant challenge to our need to live in it.

    On this occasion, there were some schoolchildren crossing the River Wey towards the Odeon, on their way to the Friary shopping centre. Had I not looked out the window at that point, I might well have not had a sudden sense of what it had meant to be a child, and what it had meant to dream of the life you want for yourself. Children, I have come to learn from having my own, are visionaries compared to adults: they see time stretching ahead and expect to succeed.

    But time has an annoying way of narrowing. John Updike, a writer I would come to admire in my late twenties, called reality ‘a running impoverishment of possibility’. One always vaguely knows this, of course; what is surprising is how quickly crucial choices have to be made when life really gets going after school or university.

    So it was that I found myself saying I would leave the law firm. It followed directly on from this that I had no plan whatsoever about what to do next.

    At such points, the world, which had hitherto seemed to hold two options like a sort of everlastingly balanced paradox, alters forever: one way closes, and the reality of the way chosen crystallises. The road I had decided against had contained: 9-5 hours (or longer); likely financial security, though as shareholders in Credit Suisse know that’s never a certainty; the possibility of being a partner in a good firm, like my father and grandfather before me; and the camaraderie of the law, which I have since seen and sometimes envied.

    But the legal profession had also seemed to me too staid, too predictable – a too-safe choice for someone who longed to do other things and who only had one life in which to do them.

    And the way chosen? It was then unknown, but over time it would mean the writing and publishing of books (a great reward in itself but not exactly the most lucrative of professions); reams of journalism; financial uncertainty; the unexpected need to become entrepreneurial; the chance to meet people from every walk of life; and the feeling, as I write this at the age of 43, that I made the right decision for me.

    Nevertheless, I’ve never stopped being interested in the law. And my professional career has involved encounters with the profession to an extent I wouldn’t have predicted back in Guildford all those years ago.

     

    *

     

    Due to the nature of my own story, I’ve often thought about the relationship between law and literature, a topic which I feel is fascinating in itself, and would merit a book one day, if someone – perhaps me – could find the time and inclination to write it.

    It is an untold story about the relationship between two professions, both antagonistic and fruitful, which stretches back millennia.

    In order to tell it, you’d have at your fingertips an impressive cast list. Your opening chapter might discuss Cicero, but would also have to delve into the fact that Virgil’s father had wanted him to be a lawyer, but that Virgil turned to philosophy finding the law uncongenial to his temperament. For every lawyer-writer who has found themselves able to incorporate into their writing, there is someone who found that impossible and sought escape.

    Fast-forwarding into the Middle Ages, Geoffrey Chaucer studied law at the Inner Temple; for him, coming from an upwardly mobile family, it was an aspect of being a courtier, as it can sometimes be today if you happen to end up somewhere in the unsung Government Legal Department. Dante Alighieri, the author of the greatest poem of all The Divine Comedy, was both a lawyer, and had much to say about law – consigning members of the profession variously to Hell, Purgatory, and Paradise.

    This hypothetical work would then have a chapter devoted to William Shakespeare, and try to decide to what extent one might co-opt him to the profession. For many, there is a lot of linguistic evidence within the plays that Shakespeare may have studied law at one time: it was Mark Twain who observed that nothing comes to Shakespeare’s mind so readily as the law, so much so that he decided he was actually the Lord Chancellor Francis Bacon.

    Conversely, the cry issued by a minor character in Henry VI Part III – ‘Kill all the lawyers!’ – has sometimes been taken as a possible indication of Shakespeare’s low view of the profession, perhaps arrived at after acquaintance with its drudgery. As always with Shakespeare, we know so little about him that the desire to speculate is irresistible.

    And as you go through the centuries, the law keeps cropping up as a profession of writers: in the 19th century and early 20th century, Gustave Flaubert and Henry James. By the 20th century, you have John Mortimer. Today lesser known but fascinating writers like The Secret Barrister, Christopher Wakling, Douglas Stewart and Martin Edwards have all done time – sometimes a lot of it – in the legal profession.

    There is also a sort of watershed moment for the species of lawyer-turned-writer around the middle of the 21st century. Before the invention of television when literature was the primary form of entertainment, a writer was more likely to leave the law and establish an income as an author – as Charles Dickens, who would also get a chapter in my book, did.

    Dickens had worked as an articled clerk, and if anyone wants to know how interesting he found that, they should read David Copperfield, paying particular attention to the character of Uriah Heep. What he seems to have loathed about the law was its pace, so at odds with the frenetic pace of Dickens himself. But it also put him in an ideal position to write that great satire Bleak House: he could laugh at the slow progress of Jarndyce v Jarndyce because he’d seen such things first hand.

    Dickens, of course, established a readership in a world when people read books voraciously. That’s not the case today, to put it mildly, making the dream of ‘being a writer’ somewhat heartbreaking, and commercially mad.

     

    *

     

    So what do lawyers-turned-writers think today about the overlap between the two?

    For Christopher Wakling, author of six acclaimed novels including On Cape Three Points, Undertow and Towards the Sun, and who worked as a litigator before turning his hand to writing, the relationship between the professions should come as no surprise. “Law is about morality, conflict, evidence, persuasion, point-of-view and precise use of words, all of which applies to story-telling, too … it’s always seemed unsurprising to me that many lawyers also write fiction,” he says.

    Meanwhile, Douglas Stewart, author of superb novels such as Dead Fix and Hard Place, specialised in employment law, and founded the immensely successful Stewarts Law, which still bears his name. In his view, it’s important to make a distinction about the sort of linguistic skills required for the law. “To become a lawyer, one of the first prerequisites is having made the most of a good education with particular emphasis on English Language but, in my view, less on English Literature,” he says.

    But for Stewart, it’s not so much this immersion in language as the immersion in human nature which the law requires, which can be of such benefit to writers. He continues: “In their daily lives, lawyers (and particularly litigators like myself) have seen the best and worst of humanity. We have the advantage of being able to ask questions and assess the honesty and integrity of answers. Even those who do other legal work such as probate may (rarely) encounter fraud and forged Wills. Dealing with a cross-section of the community also gives an insight into the lives of the rich and famous through to those who are in need of Legal Aid.”

    Stewart also cites other benefits to remaining in the law when it comes to wanting to write. “For me, having the financial security of a job as a solicitor also enabled me to devote time to writing. Very few writers starting out are able to survive on their income from book sales.”

    Stewart adds a third reason to juggle law and writing: “Another advantage of being a lawyer is the benefit of travel to broaden horizons,” he explains. “That was certainly true in my case because I have now visited and/or worked in some 80 countries. The benefit of seeing other countries and meeting different nationalities, whether lawyers or not, has been of great advantage to me.”

    All this amounts to a reasonably good refutation of my decision to leave the law, and almost makes me begin to wonder whether I made a mistake. I remember when I sheepishly told a friend of the family that I wanted to write when I was in my early twenties, and he replied somewhat brusquely: “Yes, but to do that you need to have some life experiences.”

    My answer then is the same as my answer at the time: what about Jane Austen? Austen, of course, isn’t someone anyone but a fool would compare themselves to. But even so she’s something of a trailblazer in the idea that life experience is one thing you don’t need when it comes to writing book. What you need is an ability with language and plot and an insight into human nature.

    However, it’s also clear that Stewart has received great benefit from the law. And he isn’t finished yet, telling me: “Finally, and this is particularly so in the case of John Mortimer QC, involvement daily in the High Court and in particular the criminal courts, is a constant source of amusing anecdotes and high drama. Mortimer used it so effectively – bringing out absurdity, pomposity, wit and cunning. I could talk for hours about my own experiences in court up to and including now where I sit as what in England would be called an Employment Judge. Most of my books have not actually involved the daily grind of the law, although my early novels did although all involved litigation.”

    It is all enough to make one question whether there really are that many frustrated writer-lawyers out there. Christopher Wakling is unsure, saying: “I did work with other lawyers who had literary ambitions, yes. So do lots of other types, though: at Curtis Brown Creative I’ve taught many teachers, journalists, doctors, advertisers, analysts, as well as a fair few lawyers.”

    Stewart agrees, adding: “I quite doubt that there are lots of frustrated writers practising law. I cannot give a precise percentage but at a guess, I would think that at least 70 per cent of solicitors never go to court and spend much of their day poring over law books and drafting complex documents. It would drive me mad but they seem to get job satisfaction.

    That large percentage of solicitors probably does not get much opportunity to consider writing as inspired by their work in the law – because so much of it would be boring to a layman. It takes a different type of legal brain to sit everyday dealing with arid conveyancing deeds or drafting Articles of Association – as opposed to living on your wits and using imagination, essential  in litigation – these latter being qualities which will assist fiction writers.”

    Even so the brilliant crime writer Martin Edwards, whose books have won multiple awards, has this to say: “I have met many lawyers who told me they intend to write a book once they retire. I doubt many of them have done so. The key ingredient that may sometimes be missing is a strong creative imagination. Personally I think creative imagination is a great asset for a lawyer but I don’t think it’s essential and in fact I think it is lacking in some perfectly good lawyers.”

    It’s this which I think comes near the matter: the idea that somehow, if you go down the route which isn’t your dream, there won’t be time at the end of it all to make it right.

    I remember writing a story once about someone who has been in the law their whole life: on the day the person is about to leave the firm and retire, he overhears someone saying something disobliging about him in the corridor. This chance overhearing leads to a complete panic attack about the choices he has made, and a terrible sense of having wasted the whole of life. My suspicion when I left the law – and it still holds today – is that that potential feeling of waste is worse than any financial or status uncertainty which might be triggered by ‘following your dream’.

     

    *

     

    Even so, according to Stewart and Wakling, I may have acquired a slightly exaggerated sense of the idea of there being numerous frustrated lawyers out there.

    If I ask myself why I might have arrived at this possible fallacy, then I arrive at the figure of my grandfather Neville Jackson (1923-2013) who practised law after the war. A family member might be deemed the opposite of a workable data set: the important figures in our lives loom in outsized fashion, and their example can make us draw a range of generalisations about the world which may be true as to that specific person but insufficiently true about everybody else. In that sense they give a vivid example and a limited clarity, while at the same time distorting our sense of the world.

    In this magazine we have a regular feature called ‘Relatively Speaking’ which touches on the perennial question of how the jobs our relatives do impact on the careers we ourselves attempt. If I were writing my own column of this, I would write about my grandfather and my father Gordon Jackson (1952-), who was also a lawyer for many years, ending up as managing partner of Taylor Wessing.

    Neville died in 2013, and as I approach the tenth anniversary of his death, I find myself thinking of him more and more: he remains a daily reference point against the world. He was, in fact, a very successful lawyer serving as President of the Westminster Law Society, as well as acting as one of the first film lawyers representing Universal Studios. Through this client, he was able to meet some names of astonishing fame, including Charlie Chaplin, Peter Ustinov, and David Niven.

    These people didn’t especially impress him, anymore I suspect than some of my generation would be impressed by representing a boy band. His favourite by far was Marlon Brando, who in my grandfather’s telling couldn’t have been nicer; Niven and Alec Guinness he once had to tell to shut up after he caught them arguing outside his office. Ustinov, meanwhile, ‘thought a bit highly of himself’ – something which, for my grandfather’s generation, was very bad form.

    At the same time, my grandfather also became a leading expert in planning law. In those days you didn’t have to specialise so much as you do today, which made the profession more attractive for a certain kind of mind than it would be today.

    His attitude to it all engendered in me mixed views about the law. In one sense, my grandfather could be Eeyoreish about it, as he was prone to being pessimistic about many things: humorous disavowal of his own achievements was an undeniable streak of his character. Well into eighties he would opine about alternate lives he might have lived given better luck. He would imagine his would-be life as a farmer, or racing car driver, historian or Latin professor – just about anything besides the successful career he had actually had.

    In actual fact, I suspect he had loved his career. “He was certainly much more a lawyer than a farmer,” laughs my father today. “The thing you have to remember about that generation is that, he would have almost certainly done Classics at university, had it not been for the Second World War, so there was that sense of a road not travelled for all those people who had fought and won the Second World War.”

    This in turn makes me recall a copy of Horace’s Odes which was handed down to me after my grandfather’s death: it sits on my shelf now like a set of intentions he never quite got around to. It’s an interesting point to note when we see the widespread discussions in Westminster today surrounding apprenticeships and skills that it has already been tried on my grandfather’s generation.

    And tried, it must be said, with some success. They rebuilt the country, and expertly ‘got on with it’. For the post-War generation, the theatre of battle had been their university and I remember my grandfather being pretty unsentimental about it. Naturally bookish in any case, he never had any trouble educating himself.

    In those days, the interview process was extremely literary, reminding me that law and literature were bound up then in ways which would be gradually ousted in the second half of the 20th century. My grandfather once told me there were only two questions: “Do you like English poetry?” When my grandfather replied: “Yes”, the second question was: “And do you like this modern stuff?”, presumably referencing things ike TS Eliot’s Wasteland. When he shook his head adamantly, replying “Oh no!” he was offered the job.

    It is an image of how rapidly the world has changed and how in those days, it would have been far easier than today to juggle the career of a writer with a daytime job as a lawyer. My grandfather was articled, my father now tells me, to one Sir Samuel Gluckstein, who had a successful career as a lawyer, and an unsuccessful career as a politician, failing three times to win a parliamentary seat in the interwar years. Perhaps it was Sir Samuel who came up with those questions all those years ago.

    Of course, the case was different for that generation. In those days, there was real money to be made in writing, and so there wasn’t quite the same necessity today’s writers experience of needing a ‘day job’ or a ‘paying gig’ alongside what they really want to do. Today’s generation of writers has it harder both ways: there is limited market for books, and the jobs you need to do to earn a living while you write them have also become more specialised and therefore more consuming.

    In post-war London, the life of a lawyer has an undeniably leisurely feel. The day would begin, or so he told me, in post-war Piccadilly, with the opening of one’s physical post – without the constant demands of emails whizzing back and forth. One imagines offices of relatively uncluttered desks – and uncluttered minds.

    Lunchtimes would be spent patrolling the streets of Piccadilly, pursuing his other great love: Persian carpets. The afternoon might involve a client meeting, then a sedate train journey home. No doubt there was work to be done, but how quiet and untroubled it seems compared to what it is today.

    For my father Gordon Jackson’s generation, the Reaganisation of the law had come along, and the profession was no longer the sedate gentleman’s sport it had once seemed to be. It was the era of Wall Street, of Gordon Gecko and big deals – all of which seemed to suit my father, whose energy continues today in his seventies, now diverted away from the law towards his great passion for the Surrey Hills.

    While being a talented photographer, he was able to practice the law without constantly imagining himself in other careers. He rose to be managing partner at Taylor Wessing not once but twice, moving offices as his last hurrah before disappearing into a life animated by passion for a locality he had seen too little of while commuting into London and back for the previous decades.

    There was an element of Walter Mitty in my grandfather’s makeup – a tendency to wonder aloud about other lives, and insodoing to create little moments of escapism for himself. But it was all along an inconstant vein of fantasy which could make him imagine other lives but this streak was never stubborn enough to nudge him into a creative career. I remember his second son Andrew, also a lawyer, when he was dying of cancer in 2008, saying of my grandfather: “Well, he was a born lawyer, actually.”

     

    *

     

    The same could not be said of me, in whom its practice caused resentment. I sometimes imagine that the law gets an unusually bad press in English literature partly because it is written by people trying to escape it.

    Yet leaving the law didn’t mean that I got to escape it: in fact it only altered the way in which I enacted with it. Having completed my journalism studies it looks inevitable in hindsight that I turned out to be especially suited to legal journalism, starting out at one of the directory companies which publishes among other industry publications, the Legal 500, which I joined in 2011.

    The job was often very dull – but I found I could do it quickly and ably, and still have time leftover for the writing of books. Open at my desk would always be the Legal 500 document I was working on – a summary of the solicitors working in family law or tax law or for the US Supreme Court – and a book of poems, which I would tinker at all day long, headphones in, surreptitiously determined on things other than the job I was ostensibly there to do.

    That book of poems, which would eventually be called The Gallery, would be published by the University of Salzburg in 2013, about three months before my grandfather’s death. I remember, though he was emaciated and very sick, that when I showed it to him in the hospital, he did a very good look of wild surmise, eyebrows raised with delight. I always think how that book arrived just in time.

    But what I didn’t know is that many of the people I was writing about in the directory chapters would turn out to be people I’d get to know, become friendly with, and learn from as my career proceeded to the deputy editorship of Spear’s magazine, and beyond.

    The private client beat in London turned out to contain a marvellous cast of characters, quite distinct in glamour from the sort of people, much as I liked them all, who I had seen at work in Stevens and Bolton.

    Private client always seems to me, because of its personal nature to attract delightfully wacky individuals. Having got to know the people who work in tax and trusts law, art, divorce and reputation, I can see what a desirable life it is, if you happen to be constructed that way.

    Here we find the always sumptuously dressed Baroness Fiona Shackleton, sweeping into the boardroom, in a blaze of colour, but always giving kindly attention to me as a young person and almost certainly the least important person in her day, though you could tell from her energy that every day was equally busy. Then there was Mark Stephens CBE, who’d always greet you with a ‘Hello, mate’ and always hint at a zone of confidential knowledge which was his and his alone which he was quite unable to share while seeming also to share something of the thrill of it all: a sort of legal Willy Wonka.

    With Mark, possible disclosures seemed to whizz by:  the identity of Banksy, what Rolf Harris had really been like, what it meant to consider litigating the Pope. He’d fascinate you, then leave you standing outside the gates of confidentiality, wondering what he really knew. All this seemed desirable to me in a way that provincial law had never done. In short, I began to be interested in the law at a point when I had moved too far away from it realistically to return.

    True, it wasn’t always enviable. Family law, in particular, perhaps because of the deeply contentious nature of cases, seems to give rise to rivalry which often spills over to animosity. It was a world dominated by the Queen Bees – Fiona, Helen Ward, Sandra Davis, Diana Parker, Frances Hughes – all of whom I grew to like personally, but then became aware that they were often at loggerheads, and in some cases, mortal enemies.

    The men involved – the charming Stephen Foster, the wise and kindly Michael Gouriet – seemed to be sitting to one side, watching all this gladiatorial combat rather wryly, ultra-smart men bemused to have landed somehow in a woman’s world.

    And the money was undeniably attractive. There were the lunches (‘Would it not be criminal if we didn’t begin with a glass of something rather good?’ as one partner put it to me once); there was the tennis with Stephen Foster at the O2 when, having written an entire book about Roger Federer, I finally got to see him play (and win) thanks to Stephen’s exceptional kindness and thoughtfulness; and the general sense that this, and not literature, was the good life. I could never after all the experiences I had quite concur with ‘Kill all the lawyers’ and never any longer imagine Shakespeare had ever agreed with it himself.

    The Legal 500 was also international, meaning I would travel to Japan and Israel, meeting lawyers who had built astonishing lives overseas: young people mulling a legal career should know that it’s hard to think of a career which has such readily available international opportunities as the law.

    My favourite beat was the US trial lawyers and US Supreme Court. It was the French philosopher Jean-Jacques Rousseau who stated in his Confessions that if someone were to peer into the heart of man, he would want to travel down in life and not up: Rousseau was peddling the idea that the successful are necessarily hard-hearted.  He was wrong about that just as, so far as I can tell, he was wrong about more or less everything.

    Certainly, that US beat taught me that the opposite is frequently the case. People do well in life because they’re kind and polite, and therefore people want to work with them – and promote them. I noticed when interviewing the very top lawyers, those who’d argued 40 cases before the Supreme Court, or risen to become name partners of New York or San Francisco firms, and find them delightful. In my experience, it was the person who was toiling as a debt recovery solicitor in Derby who was rude – and there was a strong sense that being rude was why they’d ended up in that position.

    Sometimes, there would be comic moments. I remember one lawyer boasting about his representation of Lance Armstrong one year; by the following year, by which point Armstrong had been disgraced by his cheating scandal, he affected not to remember ever having done so. Young lawyers may not know that one day they’ll be required to ‘go after’ clients. I remember having coffee with Jenny Afia of Schillings several years ago, telling me with steely determination her desire to represent Meghan Markle. She now does, and when I found this out by watching her appear on Netflix documentary about the Sussexes, I remember thinking it was never in serious doubt that she would.

     

    *

     

    ‘No genius is required for the law except common sense and relatively clean fingernails,’ as John Mortimer put it. As usual, he was joking.

    Actually, much more is required and I would sometimes glimpse it in these individuals I was privileged to meet. All were immaculately dressed, with the possible exception of Stephens, whose dishevelled look was part of a sort of Columbo-ish charm, making him the exception that proved the rule. I remember Fiona’s brisk manner, the way she filled a room, and how any client would feel that they were buying, alongside legal nous, an tigerish indefatigability allied to kindness.

    I recall how Frances Hughes, meanwhile, had a sort of detached cool which I sensed could easily turn terrifying. And I don’t think I’ve met anyone quite so precise as Helen Ward, someone who seemed to take such care over everything – language, manner. It was as if she took note of what was required in each successive moment and expertly provided it.

    No doubt this form of precision was all along what I was lacking. Creativity, when we are in flow, still has a slight flavour of throwing things at the wall and seeing what sticks. You might subsequently revisit and refine, but creation just isn’t like the law; I think in its essence it’s too impatient. My grandfather had a sort of deliberation about him which meant that when he did finally get around to painting he did it slowly: I could never understand why he wouldn’t work on a canvas every day. But just as it wasn’t in my nature to be a lawyer, it wasn’t in his nature really to be an artist or a writer.

    Similarly, my father whose energy reserves are considerable, has an ability I can hardly fathom to be confronted with a document and laser in on the detail which will prove problematic later, and to engineer the words to tweak that contingency and solve the problem. There’s a bit of clairvoyance about the law; a need to pause in the present, peer round all the things which are likely or even unlikely to happen, and to pin those down to the advantage of the client.

    For writers, getting into a flow in the present is more important than getting too hung up on where the book is going. When Gore Vidal wrote Myra Breckinridge, he had no plan. He simply wrote: “I am Myra Breckenridge whom no man shall ever possess” and went from there. It had the flavour of something to be getting on with.

    Today, I realise that my life then is impossible to imagine without law – it has enriched me and frustrated me in more or less equal measure. But if I could go back to that twentysomething years ago, and be at his shoulder in the room in Stevens and Bolton LLP at the moment I was offered a job in the divorce department, with the opportunity to reverse his decision, I wouldn’t interrupt him.

  • Inspiring Journey: Finito Bursary Candidate Max Liebmann’s Path to Success

    Christopher Jackson

     

    In an age where almost everywhere we look we hear lament about declining standards, let’s consider some good news from the front lines of mentoring: it’s remarkable how intelligent the young are. It’s hard to say this without sounding patronising, so it needs to be bound up with a couple of relativistic statements. They are, seemingly without exception, more intelligent than I was at that age – and always know things I do not know. In short, there’s always two-way learning to be done, and I’d distrust any mentoring process that didn’t have this understanding as a sort of guiding principle.

    We have the word ‘precocity’ for this and I think generally we can say today: the young are precocious. Whether this is because the Internet, with its moreish flow of information, has democratised intelligence, I don’t know. But one thing it definitely hasn’t democratised is the work ethic. That is now the rare thing; to know what to do with intelligence.

    This last point is what sets Max Liebmann apart. When I heard that a mature young man was joining our Finito Bursary scheme, I initially underestimated the extent to which that would be true. This mandate would see Finito help take Max all the way to Cambridge University and in time, we hope to be part of his journey beyond that point. It’s definitely an example of a story where the candidate’s initial excellence was central to the mandate’s success.

    Liebmann came to the Finito bursary scheme fully formed in certain crucial respects. He knew for instance that he wanted to work hard and succeed. More than that, he had known from a very young age that he wanted to be a lawyer. “I have known that I wanted to become a lawyer since primary school,” he recalls. “I have always enjoyed logical problems, participating in Maths Olympiads during secondary school.

    I initially developed a passion for languages, taking both French and German at A level. This logical thinking I used to apply in maths evolved into a love of applying the law to problems. I like the ever-changing nature of the law which keeps it exciting and intellectually challenging.”

    Sometimes an appetite for the law is a hereditary bequest, but not in this instance. “My mum currently works as a teacher in primary school, helping SEN and less-able students. I am also very close to my grandparents, and they have had a significant influence in my life,” Liebmann explains.

    Liebmann attended at Parmiter’s School in Watford and, as he came to maturity, began to stand out. He was successfully elected Head Boy for the year 2021-2022: “I was incredibly fortunate to have been elected to that position. During my time as Head Boy, I represented the school at events, sought to improve the school, and I organised prom.”

    This appointment gave Liebmann huge confidence, and it reminds us how maturity can often lead to a higher grade of experience which deepens a maturity which was already far advanced. Liebmann recalls: “Being Head Boy strengthened my leadership, time-management, and public-speaking abilities, and it showed me the importance of giving a voice to students from underrepresented backgrounds. Working in a large and diverse community to bring about change, I learned how to synthesise multiple standpoints to determine a common objective.”

    It was at this point that the world beyond Parmiter began to loom, and Liebmann decided he would apply for Cambridge. At this hinge point, he was introduced to Finito, and assigned to our bursary scheme: “I try to make the most of every opportunity that I am offered,” Liebmann recalls. “I want a career where I can constantly learn new skills and face new challenges. I think it’s important that you do things that you enjoy in life. A career needs to be fulfilling, and I find law really exciting.”

    So what were his impressions of the bursary scheme? “I first came across Finito during lockdown. Finito was excellent, helping me out in every way it possibly could. I was given mentors, each of whom helped me out with different things. I was advised how best to present myself to the business world, and Finito helped me set up a LinkedIn account. Finito helped me practise my interview skills and develop my legal thinking.”

    LinkedIn training is all to do with the way we present ourselves to the world and is absolutely vital at the outset of our careers; it might be the unglamorous side of mentoring but that doesn’t make it any less important. Clair Marr, one of Finito’s experts, recalls Max’s mandate: “I suggested that Max think about who he wants to be on LinkedIn as well as on other social platforms. We looked at three other barrister profiles and considered what we could learn from them, and also discussed keyword strategies.”

    Liebmann was already beginning to develop a strategy for posting content based around keywords: ‘team player’, positive’ and proactive’ – words which, this writer can attest, do indeed encapsulate Max’s strengths. More broadly, what this approach shows, is that Finito were already thinking beyond the entrance examination to Max’s eventual career.

    Meanwhile, it was necessary to prepare an all-star prep team consisting of Lumos Education and Bonas Macfarlane. This is an opportunity to thank Lumos Education and Johanna Mitchell for their own sponsorship of the Finito bursary scheme.

    Mitchell recalls: “We were delighted to be asked to support Max Liebmann to prepare for his Cambridge law interview. Monica, Lumos Education’s tutor, worked with Max for three sessions.  Prior to the tutoring, she read through Max’s UCAS personal statement.  This helped her to understand the type of questions he might be asked, based on the specific fields of law in which Max was particularly interested. Interviewers are almost certain to make reference to the applicant’s academic interests set out in their personal statement.”

    And what else did Monica cover? “Monica also discussed with Max the law specialisms of the dons who were interviewing him, so Max would be aware of their particular stance and bias.” A successful interviewing strategy was born.

    Meanwhile, Bonas Macfarlane tutor Sam Williams went deep into the detail of how to impress – even taking Liebmann deep into first principles. Williams explained to Liebmann: “The law often works like grammar: the parties are like the subjects and the objects in a sentence. The verb is the action that occurs between them. Other grammatical elements of the scenario will give you more information about the syntax and significance of that relationship.”

    Max was also advised by Williams to ‘focus squarely on the question asked; try not to introduce extraneous or abstruse counterfactuals. Ask your interviewer if you need clarification on the facts of the scenario to develop your answer.”

    The advice throughout the report is admirably specific and shows how thorough Liebmann’s interview prep had become. At one point, Williams wisely urges: “Don’t hedge: you do not generally need to give a yes no/answer, but your discussion of the principles needs to be confident. Try to avoid “possibly”/”might be argued that”/depending on the circumstances” type-answers. If you are using the word “depends”, do so sparingly and to refer to precise circumstances.”

    Another piece of advice should resonate for all students preparing for the highly demanding entrance interview: “Be open to the tutor guiding you to reconsider and reframe your position. They are looking for intellectual exibility and teachability.”

    Not wanting to leave anything to chance, Liebmann was also hooked up with a senior figure in politics, whose identity is to remain confidential, but whose initial sense of Liebmann is worth quoting in full: “Max is up for the intellectual journey which is needed to get into Oxbridge. He has set his ambitions at the highest level when it comes to any arts degree in this country. Without help he is looking at a one in eight chance of getting in – but with help can get to a one in two or three chance.

    He has no doubt got command of his school subjects and leadership – but lacks the extra yard needed in that his application has no evidence of entrepreneurial or world-leading academic courage. It’s not expected to be world-leading in standards, but his paperwork should be screaming that he’s fearless while being modest and that this man is not just going go nail his degree but will take St John’s around the world in reputation.”

    The senior figure began identifying weaknesses: he was intent on stress-testing Liebmann’s candidacy. He recalls: “When asked why he wanted to go to St. John’s he replied that the squash court is a major attraction for him. He won’t get close with this.” The mentor advised Liebmann to lead with academia, and also ‘to be alive to conferences where his supervisors have spoken out big.” He was also advised to be ‘current’ and, when it came to the question of immigration law, for instance, to be in contact with community groups.

    This first session with his senior mentor would clearly bring out the best in Max. As the sessions went by, our mentor became more and more impressed by his pupil culminating in this assessment: “Max aspires to serve society as a barrister, to ask questions of the law and appreciate human circumstances. Being from a single parent household on free school meals, Max is acutely aware of sensitivities and vulnerabilities.

    He knows what makes people human. As such he has become a leader through understanding people, commanding the respect of his entire school to become Head Boy. He doesn’t lead to gain followers, he leads to create leaders – of their own choices and of society. With his breadth he has the potential to be at the vanguard of the legal profession. He was exceptional today – had a huge range of societal awareness and his subject in great shape. He has all the information to write his statement.”

    It was time for the interview itself: the big day. So how did that go? The day after the interview, Max spoke with Lumos Education’s founder, Johanna Mitchell. “He said that he felt that the interview hadn’t gone well at all and that, the more he reflected on it, the more he felt his answers should have been better,” Mitchell recalls. “Knowing Max’s considerable capabilities, and how daunting Cambridge interviews can be, I wasn’t convinced that the interview had gone badly.  I reassured Max that he had probably done better than his own assessment of the situation led him to believe.

    And Liebmann’s own recollections? “The entrance exam went quite well, and I was not particularly nervous about it. I took the Cambridge Law Test, which meant that I had to write a legal essay in an hour. I was more worried about the admissions interviews, and Finito really helped me with that. I had many mock interviews, but even that did not change my sense of doubt afterwards.”

    In the end, Liebmann’s fears were misplaced: he was offered a place to read law at Sidney Sussex College. “I couldn’t believe it,” recalls Liebmann. “The first thing I did was get someone else to verify that I had actually read the email correctly! I then called my family and celebrated with my friends. The offer day was full of mixed emotions; it was difficult in school, since many people were sad about the outcome of their application.”

    So to fast forward to the present time, what has the course been like? “I cannot lie – the course is really intense. The short terms in Cambridge mean that term time is hectic and the workload is heavy,” Liebmann says. “I haven’t had the option to properly explore the law yet, since I could not choose which modules I studied in my first year. Nevertheless, it is manageable and can be a lot of fun. I am lucky to have made so many friends at Sidney.”

    Meanwhile, Max has continued to benefit from the Finito bursary scheme. Liebmann has been connected with people at the highest levels of law – most notably with Sir Rupert Jackson. Max now also has work experience over the summer with Carter-Ruck – again through the bursary scheme.

    All this would have been impossible without the support of The Stewarts Foundation. This began as a result of the support of the outgoing managing partner John Cahill who has said: “In a perfect world comprehensive career guidance would be available to all regardless of their background. The Stewarts Foundation is delighted to support the important work of Finito via its bursary scheme.” We are thrilled that this support is now continuing under the leadership of Stuart Dench. We will continue to support Max as he continues his journey, and report back on developments.

  • Essay: Notes Towards a Meaningful Career – Powerful Reflections

    Notes Towards a Meaningful Career, George Achebe

     

    Lately I have been thinking about something rather fundamental: the meaning of work. This is, after all, something which at Finito we seek to secure for our candidates: a meaningful career. But meaning, after centuries of philosophy, tends to have a somewhat slippery nature. Sometimes we glimpse it more vividly by its absence: ‘Well, that’s just meaningless,” we might confidently assert, implying as we do that there is some realm where meaning might reside. Sometimes, we are lucky enough to receive some clear sense of intuition: “I really must do that,” and it is an interesting question, though outside the scope of this article, as to why these prompts do seem to arrive in human beings.

    All these matter, however, become no less straightforward when we come to consider the question of meaning as it relates to careers. This is not too surprising since work is what we spent such a large part of our lives doing – so much so that the two are hard to separate.

    And yet it is a very common wish: I just want to do something that matters. Similarly when we say: this isn’t for me, what we’re typically pointing towards is the lack of perceived meaning in a particular role from our own perspective. Sometimes, this might be valid: we burn inside to paint a great picture but destiny has cruelly landed us with a data entry job. On the other hand, as we shall see, we must be careful to assign meaningless to a role without first having its explored its possibilities, and what it can teach us.

    Nevertheless, I ask the revered psychologist Dr Paul Hokemeyer what in his clinical experience constitute the most common mistakes when it comes to forging a meaningful career. “Personally and professionally, I’ve discovered one of the biggest mistakes people make regarding career choice motivations comes from the blind pursuit of power, property and prestige,” he tells me. When I ask him for examples he becomes autobiographical.

    “I found this to be the case in my own life when straight out of university, I decided to go to law school and become an attorney in America. While I actually loved the process of studying law, working as an attorney with a big American law firm was not suitable or sustainable for me in the long term. I also find this to be the case with my patients. Decisions made purely for external validation and the promise of riches tend to lead people into jobs and careers that while gratifying in the short run, are unsustainable or cause them to engage in unhealthy coping behaviours in due course.”

    This rings true. Power has, as Rishi Sunak may soon discover, a funny way of evaporating in the hands of the supposed holder: it’s like trying to grip smoke. More generally, there are people one sees, sometimes at the bar at Conference season, who seek power but if it were to be granted them, wouldn’t for an instant know what to do with it in any meaningful way. In fact, when we consider past UK Prime Ministers, the ones we think of as having the most success usually had a relatively developed sense of the potential meaning of them holding that office, and the skills with which to see it through.

    William Pitt the Younger understood that the public finances must always be on a proper footing for Britain’s prestige to remain intact – and he ensured that it was so, with considerable longevity in office as his reward. Churchill in his first term had a very clear mission – to defend the nation from Nazi Germany. But there was less purpose to his second administration other than perhaps to remain in office, and so we tend not to study it for the simple reason that there is less meaning to extract from it.

    And what of the current administration?  When I talk to the Chancellor of the Exchequer Jeremy Hunt about the meaning of the current government and whether he should be going for more attention-grabbing tax cuts, say council tax or stamp duy, he says, referencing his budget earlier in the year: “I chose national insurance because it is the tax cut which is most going to grow the economy. My cuts in National Insurance will mean that 200,000 more people will enter the workforce. There are 900,000 vacancies in the economy so these are the most pro-growth tax cuts you could have.”

     

    25/10/2022. London, United Kingdom,Prime Minister Rishi Sunak has appointed The Rt Hon Jeremy Hunt MP as Chancellor of the Exchequer, Picture by Rory Arnold / No 10 Downing Street

    Hunt implies that meaning within our work is simply to be found in honestly doing our work as well as possible, regardless of how one is perceived. But, of course, he can sometimes seem blithely unaware that his ability to continue to conduct the work beyond the next election is intimately bound up with precisely those external factors which he goes onto disavow: “To the argument that I could have done a tax cut which was a bit more retail, I think the electorate are alert to chancellors to try and bribe them for the election. If I’d done that I don’t think it would have worked.

    The reason people vote Conservative is because they trust us to take the difficult decisions. Sometimes there isn’t a magic bullet and you have to do the hard yards. Making sure we have economic credibility is far more important than trying to pull a rabbit out of a hat.”

    For someone like Hunt, the meaning in his work is to be found in carrying out his position responsibly, and I respect his desire to operate according to this sort of internal gauge of what is right. But what of the other potentially false motivation Hokemeyer points to: money. The Finito mentor Sophia Petrides agrees with Hokemeyer that this is a potentially dangerous motivation for a career:  “Pursuing a career path primarily for financial gain can lead to dissatisfaction if the individual does not have a genuine interest or passion for the work.

    Additionally, high-paying jobs often come with long hours, intense competition, and high levels of stress, which can negatively impact our physical and mental state.” But for Petrides, prestige and status are also potentially dangerous metrics by which to choose a path in life. “Some individuals are attracted to careers associated with high social status or prestige, such as becoming a doctor, lawyer, or CEO,” she continues. “While these professions often garner admiration and respect from others, pursuing them solely for their prestige can lead to dissatisfaction if the work itself is unfulfilling.

    Over time, this lack of gratification can result in boredom and loss of motivation, which can be detrimental to one’s performance and success in the business world. Additionally, the pressure to maintain a certain status can contribute to stress and burnout, impacting both mental and physical well-being.”

    Of course it is possible to make a lot of money, and then around that achievement to create permanent structures with which to be useful and kind, as many of our bursary donors at Finito have done. Furthermore, it may be that one is actually constructed to take an interest in economics or the markets. Warren Buffet is, for instance, someone who plainly has a fascination with the orchestral nature of markets – an orchestra which at his best he obviously found some inner meaning in conducting.

    But it must be said that the world isn’t exactly stocked with passionate bankers. There aren’t many that I’ve met who fit the caricature of the Dickensian villain; more generally the danger is that certain high-flying types, who have placed money at the centre of their being, exhibit a certain thinness. They are what TS Eliot, a banker himself, called ‘the hollow men, the stuffed men’.

    There are other mistakes which people make when it comes to finding meaningful work. Hokemeyer pinpoints another: “Another mistake is when people make career choices based on what other people, especially parents, think they should do with their lives. Typically, these parents are well meaning. They want their children to be financially secure and hold prestigious jobs. Sometimes, however, parents are more motivated by their own self-interest or narcissistic personalities. They have created a legacy business they want to see continued, or they find ego gratification from the external successes of their children.”

     

    Finito mentor Sophia Petrides

    Sophia Petrides agrees: “Choosing a career path based on the expectations of others rather than your own interests, while this may initially provide a sense of approval, validation, and belonging, it can lead to resentment and unhappiness if the individual feels trapped in a career that doesn’t align with their true authentic values and interests.”

    We all know the trope: the unhappy banker whose father was a happy banker. In such instances – especially common among the children of the successful – what appears to happen is that a person lacks confidence to feel that meaning might be personal to them, and not somehow an aspect of one’s identity as a family member. It can amount to a crisis of confidence at the level of the soul, and is greatly to be discouraged. Whole lives have been wasted this way. Philip Larkin wrote that it can take a lifetime to climb free of your wrong beginnings.

    Allied to this, again according to Petrides, might be another major reason for pursuing the wrong line of work: fear of failure. “When we live our lives in fear of failure and uncertainty, it can lead to avoiding risks and challenges in our careers, limiting opportunities for growth and advancement,” she tells me. “We may stop being creative and innovative, which hinders our ability to solve problems effectively. This complacency can lead to procrastination and a feeling of being stuck in our careers. In the long-term, this can result in stress, anxiety, and burnout, which have disastrous outcomes for our physical and mental health.”

    This fear of failure is almost always allied to seeking approval from a false source. Petrides argues that external validation isn’t something which we should permit to be in the equation when it comes to carving out our path in life. “Seeking external validation or approval through one’s career choices, such as wanting to impress others or prove oneself, can lead to a lack of authenticity and personal fulfilment. Relying on external validation for one’s sense of worth can make it difficult to find genuine satisfaction and purpose in the chosen career path.”

    Meaning therefore needs to begin with an inward assessment. For some people, the answer as to what really constitutes meaning for oneself will be quite obvious: I simply need to paint, or be a lawyer, or play the harp. Such people are in receipt of very clear instructions, and then it becomes a question of how to do it and this will involve study, and perhaps some form of networking. None of this is to be underestimated in today’s interconnected and highly competitive world, but the task is certainly made a lot easier when an individual is certain what they want to do.

    With this in mind, I ask Hokemeyer about the healthy motivations people assign to their careers and why some people are simply better at strategizing their lives than others? His reply is extremely interesting: “People who are successful at strategizing their careers are good at knowing what motivates them and what will hold their interest over the course of say 50 years.

    They are also able to balance this self-awareness whilst being practical about the costs of living life and putting together an investment portfolio that can sustain them if and when they want to step back from work. It’s a melange of passion and practicality. They find something they are passionate about that they can grow into a solid commercial endeavour over time. They don’t pretend that money doesn’t matter. They get paid to do the work rather than doing the work to get paid.”

    It is common to find artists particularly falling on the wrong side of this wager – they love their work but precisely because of that they somehow keep getting snookered into working for very little. It is quite common for the knowledge that one is working in an exploitative situation to chip away over time at what was once a precious inner meaning. One thinks of the musician who felt a certain fire within looking with vexation at their household bills while each Spotify play earns them around 10p in royalties. A lofty and dismissive approach to healthy finances will ultimately injure one’s sense of meaning, since the energy one needs to enact meaning will likely disappear in stress.

    Yet many fail to do this, and lots of people in fact live out their entire lives with a very limited sense of what they might have been capable of. Somehow the moment of internal reckoning is put off, and put off, until it never comes. Either a mediocre occupation is arrived at, and stuck with for financial reasons. Sometimes because of a certain unaddressed internal fear, no move is seriously made at all throughout one’s existence.

    A wealthy child may, for instance, live off their parents’ wealth, depleting that wealth in the process for future generations. Alternatively, someone may choose to live off the state. Unsure as to what move to make, they end up making none whatsoever. This is tragic because ultimately one has failed to be of use to society, and more broadly, to the universe.

    I ask Hokemeyer why it is that we often fail to examine our core reasons for doing even quite major things, such as what career path to take? Is it that we’re in some fundamental sense asleep and need to wake up? He replies: “Human beings are herd animals. This explains why large numbers of people blindly act in the same way at the same time, following others and imitating group behaviours rather than making their own autonomous decisions.  Right now there is a trend for young university students to want to major in computer science.

    This, even when they are best suited to more romantic interests such as philosophy and art history. When asked why they stay in a major that gives them no joy, these young adults will say that they want to make a ‘ton of money’ and be the next Steve Jobs. Based on this, they struggle in a hyper competitive major and waste the precious opportunity to study something in which they can excel and that will bring them joy throughout their entire lives.”

    This opportunity for joy is precious – and for many it is an all-too brief window.  It is a reminder that we must go to considerable lengths to make our own autonomous decisions and to really ask ourselves if we are acting out of the right values, and whether we are actioning our best selves.

    Tracey Jones is an advocate of mind management and she tells me that she feels the thing which we miss in our society today is ‘introspective reflection’. So what is this? “It refers to the process of looking inward, examining one’s own thoughts, feelings, and experiences in a deep, contemplative, non-judgmental manner. It involves self-examination and self-awareness, whereby individuals reflect on their values, beliefs, goals, and actions to gain insight into themselves and their lives.”

    Jones’ business, called Tracy Jones Life, is wide-ranging and is all about imbuing lives with meaning: “Navigating complexities of introspective reflection is the main part of my work, where individuals can often reach a tipping point of burnout, and struggle with diverse life transitions. Whether stemming from work-related challenges, media exposure, financial changes, selling a business, or transitioning from a specific career. Providing support during these critical moments brings me a profound sense of harmony as I impart knowledge and wisdom, empowering individuals to introspect, realign, reassess, and ultimately progress equipped with a stronger toolkit.”

    For Jones the benefits of this approach are many: “Understanding the mind in this way can indeed contribute to creating a stronger and more cohesive society and it can help individuals navigate conflicts more effectively. By understanding cognitive biases, emotional triggers, and communication patterns, people can approach disagreements with greater understanding and seek constructive solutions.”

    However, in a complex and vast system like human civilisation today, it is impossible that everybody ends up in their so-called dream job. However, for such people, there is a sort of second chance if you read a fascinating little book by a remarkable philosopher called Dr Wilson Van Dusen.

    Van Dusen has a completely different perspective. He regards human beings not so much as herd animals but as beings implicated in a broad and far-reaching pattern – and knowledge of this pattern can be activated at the level of the individual with tremendous results. He would, like most people, wish for people to be fulfilled in their work, but he points out that it is possible to maximise the meaningfulness – or as he would say the usefulness –  of every station in life. He gives, for instance, the following example:

    Two men own and operate a clothing store. Outwardly they do the same thing, sell men’s clothes. Look closer. One quickly sizes up the customer’s wants. The customer likes this color, that style. Let’s see — perhaps this is what he wants? Everyone is different, and the salesman enjoys finding and serving these differences. He is pleased to see the clothes he sold appearing here and there around town. The other clothing salesman pushes this or that, touts it as a bargain. The profit-making sale is his end, not the customer’s needs. He serves only himself. The first salesman serves himself and the other person. It is a mutual benefit.

    So the question of whether each clothing store owner really wants to be a clothing store owner isn’t paramount for Van Dusen. Their core motivation may perhaps have a bearing on their attitude to the role but the point is that once in a role you can choose to see its value or not – and choose also whether to maximise your usefulness within that position.

    Great rewards attend anybody who takes on a new role, and looks around and tries to fill it with as much creativity, empathy and other positive states as possible. Many people may read Van Dusen’s book and think: “Well, I wouldn’t mind being a clothes store owner – that’s a much better job than mine, and I don’t see how I can make the best of it.” But Van Dusen has pre-empted this response with the following example:

    I am reminded of the Zen monk whose job it was to clean toilets in a monastery. The whole purpose of life in the monastery is the enlightenment that is a seeing into God and All There Is. How does this jibe with cleaning toilets? Fortunately, he used his menial task as The Way at hand for him. At first in the cleaning he was taught much of cleaning so that he probably produced some of the cleanest toilets of all time. He was also shown much of his own nature and faults.

    Then he began seeing general principles in his work. Finally, after all this step-by-step preparation, he found the One, the design of all creation. God came forth and cleaned through his hands. His wisdom became apparent and he was elected abbot of the monastery. But he loved The Way that had opened for him, so he continued to clean the toilets.

    This might seem far-fetched, but I can attest it is certainly worth a try. You might perhaps have been putting off paring back the lavender for the past few weeks. A plant that really ought to be providing pollen for bees, and therefore, by the success of bees, improving the diet of certain bird species and so and so forth up the food chain has, under your dubious watch, ceased to do that.

    It starts to annoy you and you don’t like the feeling so you do nothing. You also might tell yourself you’re busy and don’t have the time. But what if, one day, you make the time and prune the lavender? You might be a bit surprised at how that goes. Suddenly the feeling of guilt has gone away. In a month or so, you will see bees in your garden. And Van Dusen’s point is that all jobs are crying out for use in this way.

    Interestingly, Jones also took a visit to Nepal in 2023, and there watched Buddhist monks engage in ‘Monastic Debate’. She was struck by the atmosphere at the monastery: “Monks present and defend their viewpoints, challenge each other’s assertions, ask probing questions, and engage in critical analysis. The atmosphere is one of mutual respect, seeking truth, clarifying concepts, and sharpening one’s own understanding.”

    Jones drew the following lesson: “The practice of debate also encourages active listening, empathy, and understanding of differing viewpoints. By engaging in respectful dialogue and considering diverse perspectives, monks cultivate compassion, tolerance, and open-mindedness, which are essential qualities for building strong relationships. Whilst I would watch these debates, it made me highly aware that we could learn so much from these ancient traditions.”

    She’s certainly right about that and it all amounts for a new place to look for meaning – not in some external placement or vacancy but in a place you can actually control: yourself.

    This understanding of uses, based perhaps around the sort of cultivation of compassion which Jones describes, ought to form part of any mentoring relationship. We ought to not think about we might become more successful, wealthier, and people of greater prestige: we ought to consider how we might be of use. Sophia Petrides has direct experience of this in her mentoring: “A mentoring relationship can be a powerful journey of shared exploration. Instead of solely guiding, a coach/mentor acts as a sounding board and a partner in discovery.

    We embark together on a quest to understand the client’s values, passions, and aspirations. Through open conversations, we challenge each other’s perspectives and assumptions. The client might question my experiences, prompting me to re-examine my own approach. This constant exchange fosters deeper self-awareness for both of us.”

    So it’s a collaborative searching for meaning. “Yes, and it goes beyond goal setting. It’s about uncovering the “why” behind those goals. The client’s journey of fulfilment becomes a mirror reflecting my own purpose as a mentor. As their understanding of their place in the world unfolds, it inspires me to re-evaluate my own guiding principles. In essence, the mentoring relationship becomes a transformative experience, enriching lives.”

     

     

  • Discovering the Charm Budapest: Tom Pauk’s Letter from the Heart of Hungary

    Tom Pauk

     

    I’m writing at our table in the New York Café, Budapest, although to call this ridiculously ornate former insurance hall a café seems at best irreverent. I’ve just polished off a bowl of somloi galuska, Hungarian trifle made with walnuts, chocolate and cream, soaked in apricot brandy.

    I’m here with my wife Rachel in Hungary’s capital visiting friends and relatives. My parents fled the country during the 1956 Uprising, so it’s another opportunity for me to practice my rusty Hungarian, a dauntingly opaque language linked only to Finnish and Estonian.

    Budapest is above all a city of bridges, connecting the commercial side, Pest, with the leafy hills of Buda, dominated by Castle Hill with its steep, cobbled alleys, atop which the imposing Castle, Fisherman’s Bastion and magnificent Matthias Church.

    During your visit you’ll find yourself crossing the Danube often in order to take in this stunningly beautiful city and walk off the calories. The most famous crossing is the “picture postcard” Széchenyi Chain Bridge; designed by an Englishman, constructed by a Scot.

     

    Pest is home also to Hungary’s 286 metre-long neo-Gothic Parliament (or Országház) in Kossuth Square. It’s well worth the visit and the No. 2 tram and Line 2 metro stop right outside. If you’ve been to Vienna you’ll be reminded of its architectural doppelganger, Vienna’s gothic City Hall.

    Prior to WW2, Budapest was home to one of Europe’s largest Jewish communities. The first anti-Jewish laws had been passed in 1938; Jews were banned from working in government and from editing newspapers, and only six per cent. of lawyers, doctors and engineers were permitted to be Jewish. The events that followed Nazi Germany’s invasion of Hungary in March 1944 need no retelling here, suffice to say that my own family (both maternal and paternal sides) was severely impacted.

    The Dohány Street (or Great) Synagogue (closest metro stop Astoria), built in an Arabic-Moorish style (check out those Alhambra-like domed towers), remains Europe’s largest with a capacity of 3,000 worshippers. A visit (guided and private tours can be booked on-line, or just buy a ticket and wander around) takes in the synagogue itself, memorial gardens and the Hungarian Jewish museum on the site of the house where Theodor Herzl was born. Especially poignant, the dramatic Emanuel Tree (or Weeping Willow) Memorial, which has the names of thirty thousand Holocaust victims inscribed on its metal leaves.

    Dohány Street marks the border of the former Budapest Ghetto within Budapest’s District 7, an area now popular for its specialist coffee shops, falafel bars, craft beers and quirky shops. While there, admire the fusion of Judeo-Art Nouveau of the orthodox synagogue, and stop off for a superb flat white at Stika.

    Do also visit the Cipők a Duna-parton (or Shoes Memorial) roughly half-way between Parliament and Széchenyi Chain Bridge on the Pest embankment. The sixty pairs of iron shoes, boots and sandals commemorate the hundreds of Budapest Jews lined up and shot into the river by the Hungarian Fascist Militia in December 1944. My father, then only eight, was one of those rounded up for execution. Mercifully, he was able to run away and avoid recapture.

    Budapest is famous for the wellbeing properties of its waters. The city sits on a geological fault line with hundreds of natural springs jetting skywards. Following their conquest of Hungary in 1526 the Turks built a number of Hamman-style thermal baths, three of which, Rudas, Király and Veli Bej, operate today. However, for the full spa experience, head over to either of Gellért Baths (in the fabulous Art Nouveau Hotel Gellert on the Buda side), and Széchenyi Baths (the largest spa complex in Europe, and especially wonderful in winter) for a full range of spa treatments, and for mineral-rich indoor and outdoor swimming.

    A quick mention of Hungarian politics. Hmm. Hungary continues to struggle with … let’s politely say idiosyncratic views, likely a result of being subjugated over the centuries by successive invaders (Ottoman, Austro-Hungarian, Soviet) and now struggling to assert its own identity. Happily, as a visitor you’ll be oblivious to the country’s growing political radicalisation on the global stage, and unless you’ve a good grasp of Hungarian you’ll miss the inflammatory political messaging on posters and billboards.

    Where to stay? You could check in to one of the global 5* brands (Four Seasons, Kempinski, Ritz Carlton and others) but Budapest also has an abundance of boutique hotels and Airbnb properties. On one memorable visit Rachel and I stayed at Brody House,  a former artists’ salon, now quirky boutique hotel, in which each of the ten rooms has been decorated by a different artist.

    If you’re staying for more than a long weekend, a half-day in the small baroque town of Szentendre along the banks of the Danube (40 minutes on the HÉV H5 local train from Margit Bridge) provides a wonderful escape from the bustle of the city on a hot summer’s day. With its narrow cobblestoned streets, art galleries, coffee shops and churches, Szentendre is home also to the Szamos Csokoládé Múzeum (Museum of Chocolate).

    Your waistline won’t thank me but trust me, you will!

    On the subject of food (I keep coming back to that, don’t I), traditional Hungarian restaurants abound, and with the forint weak against Sterling and US$ you’ll find prices generally low by say London standards. I’d suggest avoiding the glitzy eateries along the Pest embankment and up on Castle Hill in favour of more authentic dinning venues like Café Kor, Két Szerecsen and, for a modern take on Hungarian classic cuisine, Szaletly. Reservations are always wise; Budapest is busy all year round.

    More Budapest top tips:

     

    ABSOLUTELY take the number 2 tram (Pest side) on its stunningly scenic 20-minute meander from Közvágóhíd to Jászai Mari Square at the Margit Bridge. For 450 forint (under a quid!) you’ll take in many of the major Budapest landmarks. When you get off, walk half-way across the bridge to Margit Island, a one-kilometre green oasis equivalent to say Hyde or Central Park. It will take you a pleasant hour or so to circumnavigate.

    Download the BudapestGo app to purchase e-tickets for bus, tube and tram. Alternatively, buy books of ten from ticket machines (4,000 forint or roughly £8.50). A word of caution: ticket inspectors are ruthless and abundant, and all tickets (paper and digital) must be validated in a designated machine to avoid incurring a hefty penalty fare.

    Download the Főtaxi taxi app,  Budapest’s cheap and reliable equivalent to Uber.  Főtaxi is the official provider of taxi services to and from Budapest Airport. Fares are transparent and reasonable. Bolt also operates in the city.

     

    Budapest is a walker’s paradise (wear comfortable shoes) and is perhaps even more beautiful after dark!

     

    ***

     

    Back at the New York Café our waitress has returned. Would we like the bill, she enquires, her eye on the growing queue of impatient faces that now snakes all the way back to the main entrance. Not just yet. Could we see the menu again? That raspberry and pistachio tart looks rather tempting.

  • Promoting Community Relations to Advance Net-Zero: An Interview with Marjorie Neasham Glasgow

    Marjorie Neasham, Promoting Community Relations to advance Net Zero, Glasgow

     

    Sir Keir Starmer swept to power and is proposing a ‘mission driven government.’ He is making clean energy one of Labour’s top missions. Vowing to make the UK a ‘clean energy superpower,’ Labour have set bold targets to double onshore wind, treble solar and quadruple offshore wind by 2030.

     

    Their dedication to decarbonising society is welcome. Labour has also made welcome signals they are committed to translating ambitious targets into action through necessary planning reform.

     

    To attract the level of investment required for us to achieve net zero – especially in the timeframe Labour have suggested – and for renewables to meet their economic potential, we need a more efficient planning process. In her first major speech as Chancellor, Rachel Reeves lifted the de-facto ban on onshore wind. This overturns planning rules that have made it almost impossible to secure planning consent for onshore wind in England in the last decade.

     

    The UK can yet become a global leader in renewables innovation, enabling a rollout of onshore projects that make environmental and financial sense amid a world without consensus on climate change. In fact, the UK is making more progress than many think in the transition to a more renewables-based energy sector.

     

    For the first time ever, renewables accounted for more than 40% total UK electricity demand in the second half of 2023. Analyses by Drax Electric Insights showed that in the 12 months leading into October 2023, coal supplied less than 1% of the UK’s electricity use for the first time.

     

    The UK is also the first major economy to cut its emissions by half since 1990, compared to the EU, who have cut emissions by 30%, the US not at all, while China’s emissions are up by 300% according to the UK Department for Energy Security and Net Zero in a 12 March 2024 statement on reinforcing energy supply.

     

    Further, a growing proportion of new jobs in the UK are ‘green jobs’, defined by the Office for National Statistics as ‘employment in an activity that contributes to protecting or restoring the environment, including those that mitigate or adapt to climate change’. Recent PwC data indicates that 2.2% of new UK jobs are classified as ‘green,’ green jobs growing four times faster than jobs in the wider UK market. And research by the UCL Institute for Sustainable Resources indicates UK green jobs could increased by 150,000 by 2030.

     

    Yet, while the data shows we are making progress, we are still some way off bringing local communities on board with the transition. To deliver on decarbonisation, we don’t just need political will and investment.

     

    Many people see the value and importance of transitioning to renewable energy. For instance, they are aware that producing and burning fossil fuels creates air pollution that harms our health and generates toxic emissions that drive climate change. Imperial College research finds that air pollution is the largest single environmental risk factor in the UK, associated with the premature deaths of 28,000-36,000 people each year and affecting the poorest in society the most. The transition to renewable energy will help address these health concerns.

     

    However, people understandably also want to know what tangible economic, cultural and social benefits the transition will bring to their daily lives and their communities. Right now, the renewables industry is struggling to convince people that we can genuinely deliver a green energy transition with respect for landscapes, livelihoods and heritage.

     

    Sir Keir Starmer vowed to make public trust a central theme of his government. That must be the foundation of all our work across the renewables sector too. In my 30 years in this sector, I have learned that trust is the cornerstone for driving meaningful change in the renewable industry.

     

    Without communities onboard, in a way that engages them based on their local needs, concerns and aspirations, it is difficult to develop the trust that is so vital to seizing the opportunities in front of the UK.

     

    Trust fosters collaboration, ensuring that local needs, concerns, and aspirations are addressed. This engagement not only facilitates smoother project implementation but also enhances public support and acceptance.

     

    Trust can only be developed gradually through relationships between real people, not corporate language or platitudes. This process takes time – there are no shortcuts. A recent King’s College London study found that 98% of the UK population say they trust people they know personally – joint top out of 24 countries with Sweden and Norway – showing that trust can only be built through relationships between real people rather than conglomerates and brands.

     

    For responsible developers, months if not years of investment in community relations are necessary to understand who they are and what they care about. Consultation processes must not be tick-box exercises. They must be proactive and truly collaborative, with developers actively approaching community members at the onset of every project.

     

    Developers need to demonstrate to local communities that a green energy transition is worthwhile for them socially, culturally and economically as well as being sustainable.

     

    Communities must be consulted and allowed to shape projects from the start, considering the potential impacts on their lives. That includes listening and learning about their specific needs as well as generating local jobs and creating cleaner, more sustainable energy sources.

     

    Developers have so many assets and areas of expertise they can offer communities, should both sides be open to a genuine, real relationship.

     

    At Ridge Clean Energy we look beyond our renewable energy projects when partnering with local communities, and use our resources and expertise to advance community initiatives that are important to them. In some cases, communities may seek investment for local initiatives that are not at all directly related to energy. That doesn’t preclude a developer from helping, they just need to think creatively.

     

    For example, we recently lent our fundraising and development expertise to one community in Scotland that wanted help to restore its much-loved local pier, an important point of cultural pride. We worked with community leaders and groups in the town of Inveraray near one of our development sites.

     

    Our team helped the community to apply for and secure £244,000 in funding to take ownership of the pier and restore it, finally seeing it open to the public for the first time in a decade. We supported local community negotiations with the previous pier owner, helping to provide the confidence that a repurchasing was possible. This was all undertaken years before we submitted a planning permission application for our site.

     

    We are also in the process of establishing a Climate Care Awards scheme for primary schools in the vicinity of our projects, to help contribute to their academic growth and foster a sense of ownership and responsibility towards their community and the planet.

     

    As part of the Awards, children will be encouraged first to work together with their classmates and their families to calculate their carbon footprint, and second to take small steps to reduce it, by, for example, turning off lights, shopping second-hand and planting their own vegetables.

     

    We are excited about the project’s potential, and would like to share the programme with other renewables companies who could take it to the schools in the communities they serve.

     

    American investor and philanthropist Warren Buffett once said ‘trust is like the air we breathe. When it’s present nobody really notices. But when it’s absent, everyone notices.’ As we navigate the complexities of the green energy transition, trust cannot simply be a buzzword.

     

    There is a profound importance to fostering genuine long-term trust among communities. Developers and politicians alike must acknowledge that will only happen through real actions, not just words, one genuine relationship at a time.

     

    Marjorie Neasham Glasgow is CEO of Ridge Clean Energy

  • Enhancing Effective Communication in the Workplace: Insights from Sophia Petrides

    Finito World sat down with Sophia Petrides to talk about how we communicate effectively in workplace settings

     

    FW: I am fascinated by communication and the workplace – how it works and how is sometimes misfires. What are the factors which sometimes lead to unclear communication?

     

    SP: Communication is the currency of connection, serving as the essential tool for building and maintaining relationships in all areas of life. It allows for the sharing of ideas, navigating problems, and building trust, all of which are crucial for success in work and personal relationships. Without effective communication, misunderstandings and conflicts become inevitable. By mastering this skill, you unlock the potential for stronger bonds and smoother interactions in everything you do.

    Factors that lead to unclear communication include:

    Cultural Differences: Varying cultural backgrounds can result in different interpretations of the same message. Tailor your message to your audience to ensure clarity.

    Language Barriers: Misunderstandings can occur if the sender and receiver do not share a common language or have different levels of proficiency.

    Assumptions and Biases: Preconceived notions can affect how messages are sent, received, and interpreted.

    Emotional Interference: Emotions like anger and frustration can cloud the clarity of communication. It’s best to respond thoughtfully and review your message to ensure the right tone.

    Complexity of the Message: Overly complex messages can be difficult to understand without proper context. State your message clearly and concisely, avoiding unnecessary technical terms.

    Poor Listening Skills: Ineffective listening can lead to misunderstandings. Confirm your understanding by restating the message in your own words.

    Environmental Factors: Distractions or physical barriers can interfere with message transmission and reception.

    When you’re mentoring, presumably the most important thing is to establish the most effective communication methods with your mentee. I imagine that must vary from one mentee to the next – can you talk a bit about how this plays out?

     

    When mentoring, it is crucial to establish the most effective ways of conveying information tailored to each mentee’s unique needs and learning styles. This approach requires understanding that each individual processes and retains information differently. Here are some ways to ensure effective communication in mentoring:

    1.     Assess Learning Styles: Determine whether your mentee is a visual, auditory, reading/writing, or kinesthetic learner. Visual learners benefit from diagrams and visual aids, auditory learners from discussions, reading/writing learners from written materials, and kinesthetic learners from hands-on activities.

    2.     Set Clear Goals and Expectations: Establish mutual goals and expectations at the beginning of the mentoring relationship. This clarity helps both parties stay focused and aligned on the desired outcomes. It also teaches mentees to set boundaries in their lives.

    3.     Personalize Communication: Adapt your communication style to match your mentee’s preferences. Some mentees may prefer detailed explanations, while others might benefit from concise, to-the-point information.

    4.     Active Listening: Practice active listening to understand your mentee’s concerns, questions, and feedback. This shows respect and ensures you address their specific needs.

    5.     Provide Constructive Feedback: Offer feedback that is specific, actionable, and encouraging. Focus on areas of improvement while also acknowledging strengths.

    6.     Encourage Questions and Dialogue: Create an open and psychologically safe environment where mentees feel comfortable asking questions and engaging in discussions without judgement. This interactive approach promotes better understanding and retention of information.

    7.     Use Real-Life Examples: Relate concepts to real-life situations or past experiences to make the information more relatable and easier to grasp. Storytelling keeps mentees captivated and focused and helps them see things from a different perspective.

    8.     Regular Check-Ins: Schedule regular check-ins to review progress, address any issues, and adjust the mentoring approach as needed. This ongoing support helps maintain momentum and motivation.

    9.     Empower Self-Directed Learning: Encourage mentees to take initiative and seek out additional resources. This fosters autonomous thinking, taking ownership and accountability, independence, and continuous learning.

    10.  Be Patient and Supportive: Recognise that learning is a process and be patient with your mentee’s pace. Offer support and encouragement throughout the journey.

    By taking these steps, you can effectively convey information and support your mentees in a way that aligns with their individual learning styles and needs, ultimately fostering a productive and positive mentoring relationship.


    One thing I am aware of in bad managers is verbosity, which may perhaps be allied to nerves on the part of the person doing the communicating? Similarly, is an excess of terseness to do with shyness?

    While a manager’s communication style can offer clues about their personality, it can also create challenges. A manager who relies on excessive talking might come across as nervous or lacking confidence, while one who is overly terse could be perceived as cold or dismissive. Both extremes can hinder clear communication and team morale. The key is for managers to find a balance, adapting their style to the situation and their team members.

    In addition to this we have the method of communication – the written word which might be conveyed now by email or WhatsApp; and speech which might be in person, down the phone or over Zoom? I know we have discussed these things a little in the past, but it seems that we are faced all the time with such a variety of options to communicate that we may either choose the wrong one in some fundamental way – or perhaps choose the wrong one for the occasion?

    While a multitude of communication channels can bring versatility to the workplace, it can also create a labyrinth of confusion. Employees can get bogged down by information overload from emails, instant messaging, project management tools, and video conferencing. Without clear guidelines on which channel to use for what purpose, chaos ensues, wasting time and hindering productivity. Conversations scattered across various platforms make it difficult to track discussions and ensure everyone is on the same page.

    Security concerns also surface when sensitive information is inadvertently shared on unsecured platforms. The constant barrage of notifications from different channels can further disrupt focus, making it difficult to delve into tasks requiring deep concentration. In essence, while options are valuable, clear communication strategies and intentional use of channels are essential to avoid getting lost in a maze of information.

     

    One thing we need to be aware of is mechanical speech – in short, it’s very difficult really to be conscious of what one is saying at any one time. For much of the time we are on autopilot – we babble. Assuming that it is undesirable, what can we do to combat it?

    Mechanical speech, where we speak on autopilot, often leads to ineffective communication and misunderstandings. To address this, practice mindfulness to stay present during conversations and pause to reflect before responding. Focus on active listening and slow down your speech to choose your words more carefully. Practice empathy by considering the listener’s perspective and prepare key points in advance for important discussions. Seek feedback from colleagues to improve, monitor your speech patterns, encourage interactive dialogue, and continually enhance your communication skills through learning. These strategies will help you communicate more intentionally and effectively.

     

     

     

  • Labour’s Ambitious Green Policies

    Labour’s Ambitious Green Policies: Navigating Challenges for a Sustainable Future, Dinesh Dhamija

     

    When Sir Keir Starmer took office as Britain’s new Prime Minister on 5 July, there was a sense of relief among many people in the renewable energy sector that the Conservative government, which had begun to make a virtue of its opposition to green measures, was gone.

    Instead of delaying the deadline for the phase out of petrol and diesel cars, Labour is keen to re-establish it. Rather than pandering to the oil and gas lobby, Labour will allow more onshore wind energy development. Overall, the incoming government aims to double onshore wind, triple solar power and quadruple offshore wind energy as it pursues its goal of net zero carbon power generation by 2030.

    The trouble is that the undercurrent of opposition to many green policies, which the Tories identified and tried to harness, has not gone away. Reform, which won 14 per cent of the popular vote (4 million votes), promised to do away with subsidies for renewables and instead ‘drill down’ to harness Britain’s remaining reserves of coal, oil, gas and shale. This appeals to the same instincts that Reform appeals to more generally, opposing immigration, reducing imports and fostering nationalism.

     

    Labour’s task is to foster nationalism of a different kind, persuading the nation that its future prosperity lies in clean energy rather than in the extractive industries of the past. There is a deeply regressive feel to this debate: in the 1980s, it was the right wing of British politics under Margaret Thatcher that sought to move the country on from its dependence on coal mining, while Labour fought to maintain it. Today, the right-wing Reform party is trying to re-introduce this dirty, polluting, climate-change-inducing (but still cheap) energy source, against the flow of history.

    Labour will face other obstacles to its green agenda, including from green activists themselves, who decry the miles of pylons that must be erected to transmit clean power around the country and from anti-immigration parties like Reform, who oppose bringing in overseas labour to help build the necessary infrastructure. Then there is the cost of the plans, which Labour kept quiet about during the campaign, fearing that any specifics would be held against them by the Conservatives, accusing them of planning tax rises.

    This is all the business of politics, making unpopular choices for the long term good of the economy and the nation. It remains to be seen whether this government has the courage to act on these instincts and face down its detractors, knowing that with every year the potential for climate catastrophe comes ever closer.

    Dinesh Dhamija founded, built and sold online travel agency ebookers.com, before serving as a Member of the European Parliament. Since then, he has created the largest solar PV and hydrogen businesses in Romania. Dinesh’s latest book is The Indian Century – buy it from Amazon at https://www.amazon.co.uk/dp/1738441407/

     

  • Understanding the Future of the Apprenticeship Levy under the New Government

    Finito World

     

    Initially it sounds a good idea to expand the apprenticeship levy and reform it into the “growth and skills levy”. This would mean that other forms of training were now possible under the scheme, with businesses allowed to use 50 per cent of their apprenticeship funding. This is all part of a general offer to young people between the age of 18 and 21 called the ‘youth guarantee’.

    It is difficult to gauge the cost of such a move. Under the previous government, Labour’s proposals were estimated to cost £1.5 billion – and it’s not clear how it would be paid for.  At that time, the then skills minister Rob Halfon argued that it is ‘important that the apprenticeships budget remains ring-fenced for apprenticeships to ensure continued affordability of the programme”.

    The real problem is in what firms will do with the money. Some analysis points to the likelihood that firms will use the money from the new levy to cover their costs for training programmes which they would probably have paid for already. Labour stated before coming to power that it would issue a list of approved courses, but already it looks less simple to administer than the levy was before.

    The inevitable result of the new levy would be fewer apprenticeships – probably down to under 150,000 per year, a huge decrease in the number of young people having apprenticeships – but that’s only if the figure is right, since it essentially charts a situation where large employers use all their levy and use up the 50 per cent allowed for non-apprenticeship training.

    Obviously the situation would be more complex than that – and so the question comes down to the detail of how the policy will be be designed and what incentives will be built into the system. Watch this space.