Spring Conference 2019 Trust Governance: Effective, Accountable and Ethical Governance

This conference is aimed at executive and governance leaders.  It is designed to connect you to ministers, regulators and policy makers.

Early Bird Discount – until 31 January 2019

The cost per place is £150 + VAT for CST members for the 1st delegate, with a reduced charge of £125 + VAT for any additional delegates from the same school/trust or additional bookings placed through the trust; £200 + VAT for non-member schools/trusts; £299 + VAT for commercial organisations.

After 31 January 2019

The cost per place is £175 + VAT for CST members for the 1st delegate, with a reduced charge of £150 + VAT for any additional delegates from the same school/trust or additional bookings placed through the trust; £250 + VAT for non-member schools/trusts; £299 + VAT for commercial organisations.

Draft Agenda

09.30
Registration opens

10.00
Welcome: Rob McDonough, Chair of CST

10.05 – 10.25
Lord Theodore Agnew, Parliamentary under Secretary of State for the School System and founder of the Inspiration Trust (invited)

10.25 – 10.50
Sector leadership keynote: Jonathan Simons, Founder and Chair of Governors of Greenwich Free School, Trustee of Astrea Academies Trust, Trustee of Ambition School Leadership, Director of Public First. Formerly policy adviser to the Treasury and head of education in the Number 10 strategy unit under Gordon Brown and David Cameron (confirmed)

10.50 – 11.10
Sector leadership keynote: Baroness Morgan of Huyton, Trustee of Ambition School Leadership and former Chair of Ofsted and Chair of Royal Brompton Hospital (confirmed)

11.10 – 11.30
Break

11.30 – 12.10
Panel: effective, accountable and ethical governance chaired by Ed Dorrellwith:

  • Sam Twisleton OBE (Trustee of Astrea, Professor of Education at Sheffield Hallam University and Vice President Chartered College of Teaching (confirmed)
  • Steve Hodsman, Chair of Delta Academies Trust (confirmed)
  • Emma Perkin, Director of the Constant Group and formerly the lead governance professional for Ark Schools (confirmed)

12.15 – 13.00
Workshops – Session A

  • Features of an effective scheme of delegation, Roger Inman, Stone King (confirmed)
  • Trustee recruitment – Kirsty Watt, Head of Academy Ambassadors and Louise Cooper, Chief Executive of Governors For Schools (confirmed)
  • Ofsted’s multi-academy trust research project (confirmed)

13.00 – 14.00
Lunch and networking

14.00 – 14.20
Keynote: cultural markers in multi-academy trusts: Leora Cruddas, Chief Executive of CST (launching the joint CST and ICSA – The Institute for Governance report)

14.20 – 14.40
Keynote: governance of school improvement – Sir David Carter, Ambition School Leadership (confirmed)

14.40 – 15.00
Keynote on managing risk: Matthew Bedford, Commercial Director for Lloyds Banking Group’s personal customers business with responsibility for strategy, cost management, investment, performance and productivity (confirmed)

15.00 – 15.45
Workshops – Session B

  • MAT workforce research – Tom Glover and Vivien Niblett, Ambition School Leadership
  • The organizational economics of school trusts – Olmo Silva, London School of Economics
  • School/trust funding – PS Financials

15.45
Conference ends

2019 Governance & Leadership Conference

Steer through issues shaping today’s public entity pools at the 2019 Governance & Leadership Conference, March 3-6. The conference is set in St. Louis, named by The Wall Street Journal as one of the “10 most intriguing travel destinations for 2019.”

This year’s Navigating Change schedule offers a confluence of sessions on leadership, governance and hot topics pools can use to set a course for the future, including:

  • A two-part session on board composition and recruitment will be led by AGRiP 2019 Inclusion Resident Robin Stacia. Ideal for pool executives and governing bodies to attend together, this series will offer pragmatic solutions to develop board recruitment plans based on expertise, leadership, community connections, and more. The two-part series will be offered twice during the conference.
  • András Tilscik will speak about his research on thought diversity and why it’s so important for a successful pool governing body. He was well received at the 2018 Fall Forum and will return with fresh information.
  • Learn about the importance of collaborating with universities to build an employee pipeline and how cross-generational mentorships can deliver results within a pool.
  • A half-day of health pool programming will address issues specific to health pool operations. Book travel that allows you to remain onsite until at least 12 p.m. on Wednesday, March 6.
  • A session on practical methods to proactively mitigate and manage sexual abuse and molestation claims builds off a keynote session delivered at the 2018 Fall Educational Forum.
  • Power of Pooling Roundtables give opportunity for small group conversation on governance, leadership, and hot topics issues facing public entity governing bodies and leadership.

Pooling Basics helps those newer to public entity pooling learn how our approach varies from the traditional insurance industry and introduces attendees to the core operations important for every pool. Pooling Basics is appropriate for pool staff and governing bodies and is offered as a preconference program from 11 a.m. – 6 p.m., Sunday, March 3.

Attendee List

SNAPSHOT OF ST. LOUIS

St. Louis is a changing and fast-growing city located at the heart of America on the banks of the mighty Mississippi River. It has a range of traditional and up-and-coming neighborhoods that cater to all types and attendees will want to check out:

  • The Central West End, just seven minutes away from the conference hotel with a range of dining and entertainment options.
  • University District near Washington University.
  • Soulard, known for its architecture and culture.

The city also boasts a renowned Italian dining district called “The Hill,” museums and national parks, and more. Attendees will want to explore The Gateway Arch, the Old Courthouse where two of the Dred Scott trials took place, Cardinals Hall of Fame and Museum and Busch StadiumLafayette Square, and the Economy Museum at the Federal Reserve.

HOTEL RESERVATIONS

To reserve rooms in AGRiP’s sleeping room block, all attendees must first register for the conference. After registering for the conference, you will receive information on how to make lodging reservations. If you make reservations outside this process, AGRiP will be unable to assist you if you face hotel issues.

The conference hotel, St. Louis Union Station, is listed on the National Registry of Historic Landmarks and once was the busiest train depot in the United States. The hotel’s Grand Hall, the largest train terminal of its day, evokes the glamour of train travel in its heyday.

St. Louis Union Station offers sleeping rooms ranging in size and amenities, with sleeping rooms in the AGRiP block ranging from $179 to $239 per night (while available and prior to tax and service fees).

PRE-CONFERENCE SOCIAL TOURS

There are two optional pre-conference social tours. Sign up during the registration process.

  • Gateway Arch National Park: See Gateway Arch, the 630-foot stainless-steel clad monument to St. Louis’ role in the westward expansion, in this self-guided tour. Enjoy a tram ride to the top of the arch and its lookout, and visit the museum and gift shop. All visitors will go through an airport-style security checkpoint. The tram ride may not be fully accessible to persons who are differently abled. Cost for this tour is $35 per person. Tours are:
    • 12:30-3 p.m., Sunday, March 3
    • 1:30-4 p.m., Sunday, March 3
  • Anheuser-Busch Brewery: No visit to St. Louis is complete without a visit to the Anheuser-Busch Brewery where some of the world-famous Budweiser Clydesdales are showcased. Designated as a National Historic Landmark District, the brewery grounds date to 1852. This group tour includes a visit to the gift shop and Biergarten where guests age 21 and older can have one complimentary beer. The cost is $40 per person. Tours are:
    • 1-4:05 p.m, Sunday, March 3
    • 1:35-4:50 p.m., Sunday, March 3

Both tours are first-come, first-served; a minimum of 20 people is required for each. Tours may be merged or canceled if attendance is lower than 20. Tours depart from the main entrance of the St. Louis Union Station.

REGISTRATION FEES AND CANCELLATION POLICIES

Conference registration fees are $755 for AGRiP members; and $1,045 for nonmembers. Registration received after Monday, Feb. 11 will be assessed a $100 late registration fee.

Guest registration options are available for attendee travel companions, determined on the basis of covering all related food costs. Guests must be registered to attend meal(s) and to participate in tours. Guests are not eligible to attend educational programming.

  • Full Guest (Sunday reception, three breakfasts and two lunches): $355
  • Sunday Welcome Reception, only: $110
  • Monday meals (breakfast and lunch): $100
  • Tuesday meals (breakfast and lunch): $100
  • Breakfasts, only (Monday, Tuesday, Wednesday): $135

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Global economic growth to reach fastest rate in seven years while UK economy expected to slump, says PwC forecast

Global economic growth will pick up to its fastest rate in seven years in 2018, while the UK’s economy slumps to its weakest expansion since the last recession, according to the latest forecast from PwC.

The accountancy and professional services firm’s forecasts are for global growth to hit 3.7 per cent in purchasing power parity (PPP) terms next year, the most rapid expansion, by this metric, since 2011.

PwC said that, for the first time since 2010, it is revising its global growth forecast upwards, bolstered by a robust cyclical recovery in the eurozone and stronger growth in the US.

 

But PwC expects Brexit related-uncertainty to leave the UK on the growth sidelines next year, with a GDP expansion here of just 1.4 per cent pencilled in for next year.

That would be the weakest output in a calendar year since 2009, when the economy contracted by 4.2 per cent.

“We expect global economic growth to be broadly based in 2018, rather than dependent on a few star performers,” said Barret Kupelian, senior economist at PwC.

“While the growth outlook for 2018 is positive, there are some downside risks for business to bear in mind, including the progress of the Brexit negotiations and wider discussions about the future of the EU.”

PwC’s pessimistic 2018 GDP forecast for the UK is in line with the most recent projection from the Treasury’s official forecaster, the Office for Budget Responsibility.

In 2017, the UK’s GDP growth is expected to be 1.5 per cent, itself the weakest since 2012.

Activity has been dragged down by a spike in inflation since the June 2016 Brexit vote, induced by the record slump in sterling on the night of the referendum.

That has crimped household spending. Investment has also been frozen by many firms, attributable to uncertainty about trade relations with Europe after Brexit in March 2019.

PwC said that 2018 could see the European Central Bank halt its money-printing programme altogether, rather than just tapering it down, if inflation in the single currency area comes in a little stronger.

Five things to look out for as US interest rates rise this week

This will be a week where interest rates and currencies will climb to the front, though politics retains the capacity to surprise us all.

For a start there will be another rise in US interest rates after the Federal Reserve meeting on Tuesday and Wednesday. This will be the first rate-setting meeting chaired by Jerome Powell, so inevitably there will be a focus on what he says about it.

Do not expect any comment on the current administration’s policies, for that would be improper and unwise. But do look for a signal as to whether the Fed is likely to stick to the present expected path of three more rate increases this year. Anything about the strength of the US economy is always important. But most telling of all will be the reaction of the markets.

There are several things to look for here, and not just in America. There is a lot debt around in the world and a gradual return to normal monetary policy means a gradual return not just to higher central bank rates but also to higher long-term rates.

Which countries, which banks and which segments of the market are most vulnerable? For example, should we be more concerned about high-yield bonds, issued typically by higher-risk borrowers? Or should we focus more on sovereign debt? (Will Russia still be able to borrow on the international markets on favourable terms, and if so what does that say about the morality of money?) Or housing debt – though here the UK looks less exposed than some other markets?

There will also be implications for the UK. The Bank of England’s monetary policy committee meets on Thursday and the thing that everyone will be looking for is an indication of whether the next rise in UK rates will be in May, as expected. As well as the implications for the UK housing market, there will also those for the pound.

But the pound’s value is not just about interest rates, for there will also be a key round of Brexit talks, and the question there is simply, is a transition deal in place? If so, expect the pound to strengthen; if not, expect a lurch downwards.

Finally we have a new governor of the People’s Bank of China. The present governor, Zhou Xiaochuan, has been in post for 15 years. His successor is reported to be the deputy governor, Li Gang. If this is confirmed, there will be a general feeling of comfort around the world.

Chinese monetary policy has been managed as skilfully as possible within the wider constraints of the Chinese political system, and the expectation therefore is that this reasonable competence will continue. This year China passes the eurozone to become the world’s second-largest monetary area, with the effect that Chinese capital flows have global impact. There is widely publicised concern over the indebtedness of large swathes of the economy. How that is handled affects us all.

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Global economy shows strong growth but countries must prepare for change, says IMF chief

International Monetary Fund managing director Christine Lagarde said on Tuesday the global economy was showing broad-based growth, but the landscape was shifting with heightened risks of trade disputes, monetary policy normalisation and technological change.

Ms Lagarde, speaking to an IMF conference in Jakarta in preparation for the Fund’s annual meetings in Bali in October, said the IMF was expecting global growth to reach 3.9 per cent in 2018 and 2019. This is unchanged from the IMF’s forecast in January and up from 3.7 per cent in 2017.

She said ASEAN countries were preparing for higher interest rates in advanced economies such as the United States and Europe, but cautioned that policymakers need to stay vigilant about its effect on financial stability and volatile capital flows.

“We know this will have spillover effects across the world. We have known for some time that it’s coming,” Ms Lagarde said. “It remains uncertain how this transition is going to affect other countries, companies, jobs, incomes.”

ASEAN countries need to embrace new growth models that put a greater emphasis on domestic demand, regional trade and economic diversification and prepare for technological changes such as increased factory automation, artificial intelligence, biotechnology, new financial technologies and digital currencies.

While these could eliminate some jobs, it was important for countries to boost efforts to educate workers to better prepare them to take advantage of new technologies.

“Many jobs will be affected one way or another. Some of them will disappear, but many more will be affected because of automation. So we need to think about the future of work,” Ms Lagarde said, adding that there was no single approach, and many countries will forge their own path.

She highlighted Go-Jek, the fast-growing motorcycle hailing and delivery service in Indonesia as an example of a country-specific technology innovation targeted to the country’s needs and workforce.

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14th European Conference on Management Leadership and Governance

Oct 18, 2018 – Oct 19, 2018 | (HU University of Applied Sciences, Utrec)

In today’s climate, more than ever, researchers are exploring the topics surrounding Management, Leadership and Governance. The European Conference on Management, Leadership and Governance – ECMLG, offers an opportunity for scholars and practitioners interested in these issues to share their thinking and research findings. These fields of study are broadly described as including issues related to the management of the organisations’ resources, the interface between senior management and the formal governance of the organisation. This Conference provides a forum for discussion, collaboration and intellectual exchange for all those interested in any of these fields of research or practice.

Alexandria Ocasio-Cortez has kick-started the Democratic tax debate with her 70% marginal rate idea

  • Alexandria Ocasio-Cortez, the young firebrand who just took her House seat to represent the Bronx, has sparked headlines by suggesting tax rates as high as 70 percent to finance a “Green New Deal.”
  • With little prospect of success under President Trump, the new House Democratic majority has avoided the issue in its initial legislative agenda.
  • But the party’s gathering field of 2020 presidential candidates won’t have that luxury.

The tax furor triggered by Rep. Alexandria Ocasio-Cortez has opened debate on a core question for all Democrats: Where should government get more money?

Virtually none doubt the need for new revenue. Aside from new programs the party favors, the federal budget deficit is already projected to top $1 trillion in 2019 and keep rising for years.

Ocasio-Cortez, the 29-year-old Democratic firebrand who just took her seat to represent the Bronx in the House, has sparked headlines by suggesting rates as high as 70 percent to finance a “Green New Deal.” That drew swift derision from House GOP Whip Steve Scalise, who summarized it as “Take away 70 percent of your income and give it to leftist fantasy programs.”

In fact, Ocasio-Cortez didn’t propose taking 70 percent of anyone’s income. She suggested applying the rate only to earnings beyond $10 million, meaning those affected would pay a much lower share of their income overall.

The top tax rate stood above 90 percent throughout the 1950s. But through deductions and tax avoidance, “taxes on the rich were not that much higher” then, the conservative Tax Foundation noted in a 2017 article.

The top rate remained 70 percent as late as 1981, the first year of Ronald Reagan’s presidency. The most affluent 1 percent paid a far lower average rate of 30.5 percent, however, according to a Tax Policy Center analysis. By 1989, when Reagan left office, the top rate had been slashed to 28 percent but their average rate dropped only slightly to 27.9 percent.