Blog: Benefits of Winning Awards

Dr Nik Kotecha OBE, Chief Executive of Morningside Pharmaceuticals

Dr Nik Kotecha OBE, Chief Executive of Morningside Pharmaceuticals Ltd, examines how businesses can benefit from award wins.

“We have been honoured to have won a number of awards over the past few years for both our pharmaceutical activities and business success.

“I was personally very humbled to be named Director of the Year by the East Midlands Institute of Directors last year, which was unexpected, and something I’m immensely proud of.

“I think winning awards brings a number of benefits. In terms of staff morale, it certainly brings a boost and makes our employees feel they are part of a successful business with a bright future. Our aim is for our employees to love coming to work, so winning awards, combined with our CSR activity, helps to achieve this.

“Another benefit is the positive affect awards have on building Morningside’s public profile – both locally and nationally. We manufacture quality medicines for UK hospitals and pharmacies, so it’s important that our patients know who is providing their healthcare products. Awards, as well as our extensive CSR activity, help create a positive narrative around our brand that then reflects on the products we supply.

“My advice to businesses, looking to win an award, is to focus on your strengths. Choose an award and a category which aligns well with these strengths and give specific examples for each question, backed up with quantifiable outcomes.”

Airport Video Case Study

East Midlands Airport video.

East Midlands Airport has included Morningside Pharmaceuticals Ltd as a case study in an exclusive video designed to promote exporting from the region.

The video was shot by David James, a specialist in business and strategic communications and producer of the UK Export Advice podcast.

In the video Dr Nik Kotecha OBE, Morningside’s Chief Executive, talks about the company’s exporting successes and experiences, as well as the vital role the airport plays in the business’ supply chain.

The video was filmed to coincide with the airport’s announcement of record-breaking quantities of freight being handling in the year ending March 2018.

In the previous 12 months the airport, which is Britain’s busiest for dedicated freight handling, saw almost £10bn worth of non-EU goods pass through it.

In total 358,477 tonnes of cargo were exported or imported through the airport, which is 9.7% higher than the previous year.

 

Apprenticeship Partnership

Apprenticeship programme in partnership with Loughborough College.

Loughborough College and Morningside Pharmaceuticals Ltd have joined forces to offer apprenticeship opportunities to students aged around 16 to 24 years-old.

The Apprenticeship Programme will see seven apprentices recruited initially with the potential for further opportunities in the future. Following the successful completion of the fixed term-period, the apprentices may be offered full-time roles within the business.

The administrative roles will support the pharmaceutical business’ HR, Finance, Quality Assurance and Business Admin teams. The successful candidates will be offered fixed-term contracts initially, where they will have the opportunity to gain an Intermediate Apprenticeship in Business Administration, or an Intermediate Accountancy Apprenticeship qualification if they are appointed to the Accounts Team.

Loughborough College CEO John Doherty said: “We’re delighted to announce the launch of our Apprenticeship Programme with Morningside.

“For anyone looking to kick-start – or even change direction in – their career, it offers an invaluable opportunity to gain excellent work experience with one of Loughborough’s leading companies, while gaining a business or accounts qualification at the same time.”

Dr Nik Kotecha OBE, Chief Executive at Morningside, added: “We’re proud to be an employer where a number of young people have started their careers here and then moved up within our organisation to take on more senior roles.

“We actively invest in our workforce and every apprentice will be given full training and on-the-job coaching to help them develop. The programme has been set up to continue to offer valuable career advancing opportunities to young people over a number of years, so we anticipate it will grow, as our business grows, and we carry on expanding our workforce.”

Health & Wellbeing Week

Morningside Pharmaceuticals employees taking part in Health and Well being Week.

Morningside Pharmaceuticals Ltd values our employees – especially their mental and physical health.

That’s why we hosted a Health & Wellbeing Week– designed to help our employees get more active, to eat healthier and to answer any niggling health questions they may have.

Every day there was a new activity for everyone to get involved in, which included: health & diabetes checks, free sports equipment to use during breaks, sessions on the company’s private healthcare scheme and a healthy ‘fruit Friday’ buffet.

Thank you to everyone who helped organise the events and made the week such a success.

Blog: India Meets Britain Tracker

Blog about Grant Thornton's India Meets Britain Tracker.

According to Grant Thornton’s India Meets Britain Tracker, Indian-owned firms continue to play a key role in the success of the East Midlands.

The Tracker looked at Indian businesses operating in the UK with an annual growth rate of 10 per cent or more.

It suggested uncertainty over Brexit doesn’t seem to have had much impact with around 800 Indian companies now operating in the UK. In total two East Midlands firms made it into the top 50 of the fastest growing Indian firms in the UK.

“After reviewing the report Dr Nik Kotecha OBE, Chief Executive of Morningside Pharmaceuticals Ltd, commented:

“It’s great to see that 10 of the top 50 fastest growing Indian companies in the UK are based in the Midlands, with two in the East Midlands. The statistics show the Midlands and the North are now tied as the most popular locations for businesses on the list, after London.

“The East Midlands, in particular, is a fantastic area to do business and it’s not by coincidence that our region is the fastest growing outside of the South East.

“I was honoured to accompany Prime Minister Theresa May on her first trade mission to India and during the visit I saw Indian businesses were very interested in two way-investment with the East Midlands and UK as a whole. There is a real appetite for hi-tech exports of products and services from the UK, which was evidenced by the £1.2 billion in trade deals announced following the trip.

“I think this year’s report shows our business ties with India are continuing to grow and this is providing a boost to the economy, as well as jobs for people locally and tens of thousands nationally.

“Morningside manufactures quality generic and branded medicines for UK hospitals and pharmacies, as well as supplies countries globally through aid agencies. Post-Brexit it’s very important for East Midlands companies to continue developing business relationships with countries outside of the European Union, in order to grow export-led trade with the rest of the world.”

Little Princess Trust

Morningside Pharmaceuticals supports the Little Princess Trust

At Morningside Pharmaceuticals Ltd we love raising money for charity.

One very worthy cause is the Little Princess Trust, which provides real hair wigs free of charge to children and young adults up to the age of 24, who have sadly lost their own hair due to cancer treatment and other illnesses.

To show our support we held a Bake Sale, and one brave employee even sacrificed his golden locks by taking part in a sponsored haircut.

In total we raised an amazing £160. Thank you to everyone who took part.

BLOG: CSR Focus Makes Good Sense

Morningside Pharmaceuticals is the named sponsor of the Morningside Arena, Leicester

Dr Nik Kotecha OBE, Chief Executive of Morningside Pharmaceuticals Ltd, examines how CSR activity makes good business sense.

“Businesses in the East Midlands are among the most innovative, productive and successful in the UK. The region is the fastest growing economy outside of London & the South East and is the manufacturing spine of the country. And it’s a major contributor to the overall UK economy.

“For many businesses their commercial success enables them to focus their attention on Corporate Social Responsibility (CSR) initiatives both locally and nationally.

“That’s just the case at Morningside Pharmaceuticals. We supply medicines to UK hospitals and pharmacies – and through international aid agencies, we have experience of exporting to more than 100 countries over the past 25 years.

“As we’ve grown, we’ve forged links with a number of charitable, sporting, educational and cultural institutions in the Midlands and across the UK.

“To me, it makes business sense to invest in CSR initiatives. The ethos of our company is that the people who take our medicines should know who is supplying them.

“We want Morningside to be a recognisable brand nationally and we aim to make a big difference to the lives of people living here through community projects and charitable support.

Living and breathing company values

“Morningside’s charitable support includes funding for Rainbow’s Children’s Hospice and the LOROS hospice Light up a Life remembrance service, which was attended by more than 1,000 people. The company also provides for CLIC Sargent through the funding of free accommodation for families, in Nottingham, while their children are being treated for cancer.

“We’ve provided a minibus for Age UK, which helps rescue older people from loneliness by providing essential transport for the charity’s befriending service. Another example is the funding of a brand new online quality and stock management system for African Medical Aid charity Inter Care, as well as support for the British Asian Trust which runs many humanitarian projects in South East Asia.

“All of the charitable initiatives we’re involved in very much align with our values as a company. It’s important that your staff live and breathe your company’s values in a consistent way, so having a strong CSR focus helps achieve this.

From sport to students

“But we also felt it was important to support a wide range of community initiatives, ranging from charities to sporting clubs to the universities. I feel passionate about helping to create new opportunities for young people nationally, as well as creating jobs.

“Recently Morningside signed a naming rights deal with the 3,000 capacity Morningside Arena, which is home of the UK basketball champions the Leicester Riders, and provides free community space for local charities. Morningside also supports Leicester University with raising money for their Medical School and sponsors the Morningside Medical Centre at Grace Road, the home of Leicestershire County Cricket Club.

“Morningside’s employees have volunteered their time to help young people develop their careers. One event saw the HR Team attend a Careers Speed Network event where 13- to 18-year-olds from a number of schools spent a few minutes talking to local employers to help inform their future career decisions.

“Along the way we have learnt that investing in CSR activities and promoting volunteering, not only raises awareness of our brand, what we do, and our values as a business – but also enhances our culture, so our employees love coming to work and our business benefits as a result.”

Region’s Fastest Growing Top 200

Morningside Pharmaceuticals sign

Morningside Pharmaceuticals Ltd has once again been named as one of the 200 fastest growing companies in the East Midlands.

Professional services network Grant Thornton provides the annual report, which highlights the top performing businesses in Leicestershire, Derbyshire, Nottinghamshire and Lincolnshire.

Dr Nik Kotecha OBE, Chief Executive Officer of Morningside Pharmaceuticals said: “We are immensely proud to be recognised as one of the fastest growing companies in the East Midlands.

“We would not have achieved this without a dedicated team of professions who place great emphasis on making quality healthcare an affordable and accessible reality throughout the world.

“We are constantly investing in research & development and have created a well-established branded and generic medicines portfolio for NHS and international supply. We pride ourselves on the ability to change rapidly and respond to the market and our customers.

“Another key factor that has helped drive growth is our focus on improving our logistics and distribution network. We work closely with our customers to ensure accurate and on-time delivery in the UK and international markets.”

The East Midlands Top 200 have grown their profits by an average of 35% this year, together providing 48,000 jobs, which is an 8% increase in 3 years.

Mark Pashley, from Grant Thornton, said: “We are delighted to report that this year there are over a third of the Top 200 who appeared in last year’s list. This is not an easy achievement and shows that the attitude to sustainable growth is important to bring through financial rewards.

“The greatest opportunity for the East Midlands is in relation to its economic performance, both in terms of creating wealth and jobs, as well as having an entrepreneurial skills set to drive future growth.

“Overall the East Midlands continues to perform strongly in terms of business growth compared to the rest of the UK.”

Ash Field Academy

Ash Field Academy

Ash Field Academy is a day and weekly boarding school for pupils who have a wide range of disabilities.

The 160 pupils, aged between four and 19, enjoy a mixed curriculum of sensory, communication, learning, medical, emotional and behaviour activities.

The school serves the whole of Leicestershire and also admits pupils from other counties.

Morningside Pharmaceuticals Ltd was proud to make a donation towards the school’s end of term event.

Faces of a Vibrant Economy Honour

Dr Nik Kotecha OBE been named as one of Grant Thornton's Faces of a Vibrant Economy.

Morningside Pharmaceuticals Ltd’s Chief Executive Dr Nik Kotecha OBE has been named as one of the UK’s top 100 most inspirational and innovative individuals.

Dr Kotecha was one of only two East Midlands individuals to be named on the 2017 ‘Faces of a Vibrant Economy’ list, produced by business and financial advisers, Grant Thornton UK.

The list identifies people – from emerging entrepreneurs to big business names – who have developed a culture that empowers, develops and motivates their people. It also highlights those who make a positive contribution to the local and wider national community, and demonstrate excellence in growth, innovation and purpose.

Chris Frostwick, partner and practice leader of Grant Thornton’s Leicester office, said: “Our two local Faces of a Vibrant Economy are both exceptional leaders, driving positive results against a clearly defined purpose. Their commitment and passion makes us want to be like them, to work with them and to learn from them.

“These leaders show us how business can be a force for good in society, how creative approaches to public services and commitment to investing in your people can drive superior results and how passion, coupled with purpose and a great idea can change the world for the better.”