What features and competencies make a good professional? What common competencies do professionals need in different sectors? What are the cost and feasibility implications of a quality professional? How does the form of regulation interact with being professional?
A panel discussion with Michael Parker CBE, Professor Sir Roderick Floud FBA, Louis Armstrong CBE and chaired by Professor Michael Mainelli.
In May 2012 Michael Parker was appointed interim Chairman at Croydon Health Services NHS Trust. From December 2011 to April 2012 he was a Non- Executive Director of NHS London. Prior to this he served as a Non-Executive Director and Vice Chair at Guy’s and St. Thomas’ NHS Trust before becoming Chairman at King’s College Hospital NHS Foundation Trust.
Michael studied Economics at Brunel University and Birkbeck College, University of London. He lectured on both Undergraduate and Post Graduate degrees at the University of East London and Queen Mary, London. He is a Fellow of the Association of Chartered Certified Accountants and was a Registered Auditor for a while. He is a member of the Health Panel and was the Chairman of the Corporate Governance and Risk Management Committee for the Association of Chartered Certified Accountants. He is an Honorary Fellow of King’s College London, Fellow of the Royal Society of Arts and Honorary life member of the Institute of Risk Management. He is the President of the Sickle Cell Society and Patron of the Big Issue, Malawi. Michael is also an External Advisor to the Royal College of Nurses.
Professor Sir Roderick Floud FBA is an Honorary Fellow of Gresham College having served as the Provost of Gresham College between 2008 and 2014, taking over the role from Lord Sutherland of Houndwood KT FBA and being followed by Sir Richard Evans FBA. Sir Roderick Floud is President Emeritus of the London Metropolitan University and he was previously the Chairperson of the Standing Committee for the Social Sciences at the European Science Foundation.
His particular interests in part-time and mature students in higher education has been reflected in many of his publications as well as his participation in numerous boards and committees. Of particular note are his roles as President of Universities UK (representing 121 British Universities), Vice-President of the European University Association (where he was particularly involved in the 'Bologna process' of converging European education systems), and Chair of the Social Sciences Committee of the European Science Foundation (representing research councils and learned academies from thirty European Countries). In 2005 he received a knighthood for his services to Higher Education in the Queen's Birthday Honours.
Sir Roderick Floud is an economic historian, with publications on topics as diverse as technological change, the use of IT in the study of history, the evolution of technical education and changes in human height, health and welfare. He holds honorary fellowships from Emmanuel College Cambridge, Wadham College Oxford, Birkbeck College London and the Historical Association, as well as honorary degrees from City University London and the University of Westminster. He was elected an Academician of the Social Sciences in 2000 and a Fellow of the British Academy in 2002.
Louis Armstrong (1946-2014) was Chairman of Professions for Good, a collaboration of major professional bodies promoting the wider value and virtues of professionalism, and working with government on social policy issues. His unusually varied background included the worlds of the professions (both civil and military); property and construction; education and training; defence and diplomacy; leadership and management; and government policy making in the UK and overseas. He spent 12 years until 2010 as CEO of the Royal Institution of Chartered Surveyors, building what became one of the world’s largest, most diverse and international professional standards, qualifications and regulatory bodies, operating in some 40 countries across the globe.
In 2013 he ran his own consultancy specialising in strategic business development. He chaired a leading PR consultancy in the professional services sector; was a non-executive director of two entrepreneurial technology companies; a Director/Trustee of the Institute of Leadership and Management; and a member of the Council of the London Institute of City and Guilds. In a previous career he was a Rear Admiral in the Royal Navy; and qualified as a Barrister. He served at sea all over the world, including in HMY Britannia; was seconded to the Cabinet Office under Mrs Thatcher as the ‘cold war’ was ending; and then specialised in foreign policy, international law, security and defence issues in a variety of senior policy and command appointments.
He was a graduate of Oxford University and was awarded the CBE for services to the property profession in 2004.
He passed away in 2014 and his obituary in The Telegraph can be read here.
Alderman Professor Michael Mainelli is Emeritus Mercers' School Memorial Professor of Commerce at Gresham College, having held the chair from 2005 to 2009. His first degree was in Government from Harvard, followed by mathematics and engineering studies at Trinity College Dublin and a PhD from the London School of Economics in chaotic systems, where he was also a Visiting Professor.
Professor Mainelli is Executive Chairman of Z/Yen, the City of London’s leading commercial think-tank and venture firm, which he co-founded in 1994 to promote societal advance through better finance and technology. A qualified accountant (FCCA), securities professional (FCSI), computer specialist (FBCS) and management consultant (FIC), Michael began his career as a research scientist in aerospace (rockets) and computing (architecture & mapping). He later became a senior partner with accountants BDO Binder Hamlyn directing global consulting projects. During the 1990s he worked for the UK Ministry of Defence as Corporate Development Director for Europe’s then largest R&D firm, the Defence Evaluation & Research Agency leading to two privatisations. Career highlights include directing Z/Yen’s Long Finance initiative with Gresham College and the City of London Corporation asking “when would we know our financial system is working?” as well as creating the Global Financial Centres Index, Global Intellectual Property Index, London Accord and Farsight Award. Michael also conceived and produced the first complete digital map of the world in 1983, Mundocart (a 1980’s Google Earth), and the $20 million Geodat consortium cartography project.
Michael is non-executive Director of the United Kingdom Accreditation Service (UK’s national body for standards and laboratories), AIM-listed Sirius Minerals plc (potash mining), AIM-listed Wishbone Gold Plc; Alderman for Broad Street Ward (elected) at the City of London Corporation; Almoner for Christ’s Hospital School; Trustee of International Fund for Animal Welfare. Michael has held numerous advisory posts, for example with Hitachi UK, City University and HM Treasury. Michael won a 1996 UK Foresight Challenge award for the Financial Laboratory, 2003 UK Smart Award for prediction software, 2005 British Computer Society Director of the Year, 2011 Technology Strategy Board Challenge Award for financial avatars, and was awarded Gentiluomo of the Associazione Cavalieri di San Silvestro in 2011. Michael is a Liveryman, Worshipful Company of World Traders, Freeman, Watermen & Lightermen, and represents the Financial Services Group of Livery Companies.
Michael has published over 40 journal articles, 150 commercial articles and four books. Michael’s humorous risk/reward management novel, Clean Business Cuisine: Now and Z/Yen, written with Ian Harris, was a Sunday Times Book of the Week in 2000; Accountancy Age described it as “surprisingly funny considering it is written by a couple of accountants”. Their third co-authored book, The Price of Fish: A New Approach to Wicked Economics and Better Decisions, based on his Gresham lectures, won the 2012 Independent Publisher Book Awards Finance, Investment & Economics Gold Prize. Michael plays bagpipes, loves skiing and sailing and, with his wife, Elisabeth, he races and restores the 1923 Thames Sailing Barge Lady Daphne and sits on the world’s oldest sailing racing body, the Thames Match Committee. With an international family, Michael speaks English, German, French and Italian poorly, but even worse Spanish and Chinese.
To access all of Professor Mainelli's previous Gresham College lectures, please click here.