Exec Meeting

Yesterday I spent the whole day in our long monthly exec meeting at Ufindus. This meeting is used to review the day to day operations of the Ufindus business and to agree new actions and improvements and to decide the report that is made back to our parent group board meeting which takes place next week.

The Ufindus board has 5 executive directors including myself and our chief executive who make the day to day decisions and are responsible for normal operations.

I am also a member of the Iomart group board which is made up of the 5 executive directors 3 non executive directors and so have to spend a portion of my time each month considering the performance of the other two major businesses in the group.

It is difficult sometimes to take off your Ufindus hat and put on your Easyspace or Netintelligence hats but this is important because at group board level we have to take an objective view of the performance of the group rather than just Ufindus where I spend most days of the month.

Ufindus makes up approximately 75% of the group turnover and then Easyspace adds a further 20% with Netintelligence adding the remaining 5% although this business is seeing some excellent opportunities and increasing sales.