Responsible Business Lecture

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Thursday 12 March 2015, 5-7pm Manchester Business School

Steve Francis, Turnaround specialist and CEO of Danwood

In the second of the Responsible Business lecture series, Steve will address the theme:

“Where next for Shareholder Value ? A return to industrial values after the Casino Days.”

Public school, Oxford, & McKinsey-educated, Steve went into investment banking in the City shortly before the Big Bang deregulation of 1986. He borrowed against shares in the stock market boom ending in the crash of 1987 and was involved in one of the more infamous stock market takeovers of 1987.

In the 1990s as stock markets rose again he became a “Shareholder Value” consultant advising large companies how to drive up their share prices. Although still earning a living from this trade he published a report in 1998 bemoaning how the creed of shareholder value had eroded the strength of “UK plc”. Since then Steve has been a senior banker within Bob Diamond’s Barclays Capital in the days of financial alchemy – knew the principals at Enron, and advised many large corporations on sound finance.

Over the last ten years he has lead troubled companies through urgent change – often backed by private equity. He seeks out the unglamorous but essential businesses and applies common-sense recipes of sound management.

There is no charge to attend to attend this lecture, but places are limited and booking strongly advised.

To book your place email responsiblebusiness@mbs.ac.uk

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Manchester Business School has a global reputation for innovative and influential teaching and research, which impacts business on a local, national and international level. We call this Original Thinking Applied.

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