Graham Bushby and Tyrone Courtman from RSM Restructuring Advisory LLP will look to explore an alternative turnaround growth strategy which is around the importance of ’Being different’ and will seek to identify some of the attributes that may afford an explanation as to why some individuals and organisations are more successful than others.
Graham and Tyrone will be joined by Fraser Dick, Managing Director of an SME business, Perfection Alloys Limited, who will share his own personal case study, illustrating the importance of ‘being different’ and the impact it had in effecting his own businesses turnaround.
All presenters will cover the following:
- The importance of ‘Being different’ as an individual/organisational growth strategy
- Attributes of ‘being different’ and why is it that some individuals and organisations are more successful than others
- The importance of ‘Why’ you do what you do
- Reflections on my ‘Why’ and those of entrepreneur and business owner, Fraser Dick, and the influence of ‘being different’ on him and his business.
About the speaker/s
Tyrone Courtman is currently a Partner in RSM Restructuring Advisory LLP, based in the East Midlands. RSM is an international Audit, Tax and Consulting practice providing services globally
Formerly, Tyrone was a Managing Director in the Duff & Phelps Global Restructuring Advisory practice, based in Birmingham, and previously led Cooper Parry’s Business Transformation, Restructuring and Insolvency services practice, where he was Partner for over 22 years, located in the East Midlands
Tyrone advises underperforming or financially stressed and distressed businesses, their owners, lenders, investors and individuals in financial restructuring and recovery situations. His experience spans a broad range of sectors including automotive, commercial aviation and aerospace, farming, distribution, construction, healthcare, intellectual property, professional partnerships and manufacturing.
Tyrone is a Chartered Accountant, a fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), a fellow member of EACTP, and a Licensed Insolvency Practitioner. In addition, he is Chairman of the ICAEW Restructuring and Insolvency community, President of the Leicestershire and Northamptonshire Society of Chartered Accountants, a member of the Turnaround Management Association’s (TMA) Global Board of Trustees and a member of the TMA Europe Board.
Outside of work, Tyrone enjoys playing hockey and flying. He is an enthusiastic pilot, Flight Instructor and Flight Examiner.
Graham is Chairman of RSM Restructuring Advisory, Chair of RSM’s European & Global Restructuring Groups and National Head of Baker Tilly Creditor Services LLP (an FCA regulated business, incorporating tracker, personal debt management and bankruptcy).
He is a Chartered Accountant, Licensed Insolvency Practitioner and an insolvency appointment taker.
He has been with RSM since 1998 and has over 25 years' experience of restructuring advisory work including lender advisory, corporate restructuring and all types of formal insolvency appointments (including administrations and fixed charge receiverships) across a wide range of sectors. He is head of automotive for RSM’s restructuring advisory practice and has considerable expertise in the media & technology and real estate & construction sectors.
Graham is experienced in working with banks, having undertaken assignments for all the major UK banks as well as number of building societies, secondary and specialist debt providers, overseas banks, including NAMA, and private equity institutions.
Graham sits on the board of the Turnaround Management Association and is a council member of R3, a member of the ICAEW insolvency group, Insol International, IPA and Association of Property Fixed Charge receivers.
Fraser Dick is the Managing Director of Perfection Alloys Ltd where he has been working for over 17 years. He began at the company as a van driver and then progressed up. Shortly after joining Simon- who was the founder and sole trader of Perfection, they began a rapid growth of the business. Within 5 years of Fraser joining, they had 55 staff, covering an array of services including wheel refurbishment, windscreen repairs, interior trim repairs, body work and they also had a Mercedes Benz specialist garage along with vehicle remapping. With no real formal education in business management it was a case of him having to learn on the job whilst growing the company.
His role developed from a van driver into a sales role, then sales manager followed by area then regional manager. Once they had the infrastructure around them, he then became General Manager whilst Simon had a small team controlling the finances . Around 10 years ago Fraser took financial control of the business overseeing all expenditure- this was after a big restructure in the company, since all the changes were made the business has gone from strength to strength with increased profits year on year.
They are now a much stronger and profitable business, yet employ 35 rather than 55 staff. Fraser now has a team of managers who report back to him daily regarding the day to day business and he still has control over the financial aspects.