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BABCPHL Business Policy Agenda Update: Strength & Opportunity in a Time of Change

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This seminar will explore the current state of transatlantic economic relations with a focus on several areas of importance to US/European commercial ties. Panel experts will discuss: data and cybersecurity, tax policy, labor mobility, infrastructure, and IoT. Presentations will focus on the financial services and life sciences sectors.

Date: Tuesday, October 23, 2018

Time: 12:00pm-2:00pm

Location: TBD, Philadelphia, PA

Sponsors (To Date):
 

Partners (To Date):


2018 Signature Annual Holiday Luncheon – PHL International: Regional Economic Engine Connecting Philadelphia to the World

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The 2018 BABCPHL signature annual holiday luncheon will feature keynote speaker, Chellie Cameron, CEO, PHL International Airport, and special guest, Mayor Kenney. Ring in the holiday season with us, and enjoy networking, a formal meal, notable speakers, Christmas Crackers, and the opportunity to win valuable holiday gifts.

Date: Thursday, December 6, 2018

Time: 11:00am – 2:00pm

Location: The Ritz Carlton
Ten Avenue of the Arts
Philadelphia, PA 19102

 

Exclusive Airline Sponsor:

Premium Sponsor (To Date):


Great British-American Pub Night: QUIZZO! – Test Your Knowledge of UK & US Trivia

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Join us for a great British-American pub night! Test your knowledge of UK and US trivia in a competitive game of Quizzo while networking with regional c-suite business executives and young professionals.  Food and drink will be served, and the winning Quizzo team will be awarded a special prize.  Do you have what it takes to be a BABCPHL champion?

Date: Thursday, September 20, 2018

Time: 6:00-8:00 pm

Location: The Victoria Freehouse, Philadelphia, PA

*Member Individual Ticket: $45

*Non-Member Individual Ticket: $55

Team of Four (Member): $175

Team of Four (Non-Member): $200

*Quizzo is played in teams of four. Individually purchased tickets will be placed into teams.

Sponsors (To Date):

          


Summer 2018 International Business Networking Reception

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For the eighth consecutive year, members and friends of Philadelphia’s international chambers have joined forces to host an international business networking reception to celebrate Philadelphia’s status as a top U.S. destination for foreign direct investment and commercial trade.

On the evening of July 25th, join hundreds of your business peers to network together and reaffirm Philadelphia’s economic, political, and commercial impact as an influential global city.

Date: Wednesday, July 25, 2018

Time: 5:00-7:00 pm

Location: National Museum of American Jewish History
101 South Independence Mall East
Philadelphia, PA 19106

 

Corporate Sponsors:

              

Partners:

 


Young Professionals Group Seventh Annual Panel Discussion & Networking Event: The Future is Now, Where Are You?

On Thursday, April 26, 2018, the BABCPHL Young Professionals Group (YPG) hosted the seventh annual panel discussion and networking event: The Future is Now, Where Are You?  The workplace has changed dramatically during the past two decades.  Speakers talked about why companies – small, medium and large enterprises – are embracing open plan work spaces and collaborative working environments.  Panelists spoke about the current work milieu; the technology businesses are using; and best practices and operations.  Featured speakers included: Josh Dubin, Director of Programs & Strategy at Pipeline Workspaces who presented the evolution of the collaborative work environment; Laurence Hookway, Risk Information Consultant from Chubb Global Services who discussed the current movement toward remote work arrangements; Adam Jones, Vice President from Shout Digital who talked about the various technology and tools companies employ to successfully implement business operations; and Jay Jumper, Partner at Pepper Hamilton LLP who spoke about the legal aspects of conducting business in this manner.

Josh reported on the evolution of the shared workspace, and the dramatic transformation during the past few years. Shared workspaces are currently characterized by a more diverse ecosystem of companies, representing various sized enterprises and industry sectors.  What once began as an area most appealing to young, “hoodied,” tech entrepreneurs, the gig-economy, etc. has changed significantly.  During the past couple of years the profile of shared workspace members started to include lawyers, journalists, real estate entrepreneurs, etc.  Today, veteran entrepreneurs and national businesses are actively seeking and occupying this type of office as it provides financial flexibility and promotes a communal type of interaction, creating inspiration and innovation.  The community component is a big sell.  Shared workspace companies are in the business of building community and curating dialogue.  People can connect and grow relationships organically.  Some examples of big companies that have built campuses around collaboration spaces are: Google, Facebook, GSK, and Urban Outfitters.  Josh stated that during the next five years – middle market companies (such as 20, 50, and 100 person operations) will begin thinking creatively about how to transform their space into this type of cooperative working environment at a low cost.

Laurence spoke about his personal experience working in both modern and traditional office, on both sides of the Atlantic. He explained how work space is industry driven.  When young professionals enter the work force and start out at a big company, they often expect a modern area, a clean, tech driven, digital environment in which to operate.  Influencers include: a company’s corporate culture; economic factors; and social change.  The recent trend toward a mobile – work from home policy – while leading to greater flexibility, dissuades a community building, collaborative and interactive engagement.  Laurence also discussed the disadvantages of blurring the lines between work and home.  Furthermore, US and UK-based businesses utilize differing surveillance techniques to monitor their employees work and online habits.  The issue of data privacy and protection comes into play.  The one benefit of the advanced ability to work remotely is seamless disruption to work flow with globally mobile employees.  Lastly, the ability to work remotely can impede professional development because there is no face-to-face interaction with people at various levels within a company.  All in all, interpersonal interaction among employees of all levels and a collaborative working environment is a win/win.

Adam provided insight about the technological tools companies use to enable their employees to collaborate and successfully meet business goals. Examples he gave include Mixed Reality (MR) and Insight Heart, Microsoft’s blend of augmented and virtual reality.  These tools enable teams to share instantly.  College classrooms also benefit from this technology. Conversational Artificial Intelligence, such as the Chatbot is replacing traditional customer service representatives, call centers, etc. throughout the globe.  Currently and in the future there will be a tremendous impact on overall business operations and the bottom line as a result of rapidly developing technology. MR has the ability to blend both of what makes Augmented Reality (AR) and Virtual Reality (VR) valuable to businesses.  MR can take a snapshot of the real world environment, and allow the user to place virtual objects within that space.  VR is an entirely virtual world with no connection to the environment of the user, and AR doesn’t allow the same level of interaction.  MR has the potential to genuinely disrupt the workplace in a positive way by allowing for seamless collaboration. It allows for physical items to be shared within seconds with a team in an entirely different location.  Employing this type of technology can potentially save businesses a significant amount of money.

Jay delivered remarks about important strategic business planning and legal issues companies need to be aware of when operating in a shared work environment. For example, properly documenting all aspects of the business including: the physical space arrangement; ensuring the relationship between the building owner and the shared workspace operator is clearly defined; and carefully documenting the roles and responsibilities of all employees, is a must do.  Jay provided examples of why confidentiality and intellectual property – protecting proprietary information – is a big issue when operating in a diverse work space.  Insurance needs are also different than those of a business with a solely managed and operated office.  For example, people in a shared space arrangement still need to insure their property, and equipment.  Budgeting is another aspect that should be carefully evaluated.  Shared work space loans itself to an artificially low overhead cost.  Companies who operate in this type of environment need to balance their desire for a shared working environment that fosters creativity and collegiality with the need to protect proprietary information and carefully document business operations.  In addition, while expenses are reduced in the short term, companies need to think long term about how this can impact them both financially and from a risk profile.

In summary, shared workspace is a positive trend that can positively influence any sized business across industry sectors. However, one thing for sure, proper strategic development and business plans specific to this type of work environment must be implemented to ensure success.  To round out the presentations and close the discussion Jason took questions from the audience.  Attendees networked after the formal part of the program ended.  Everyone enjoyed their signature whiskey sours, while developing new and enhancing old business ties.

We would like to extend special thanks to sponsor company Pepper Hamilton LLP and to event partner, Select Greater Philadelphia.

Click here to view photos from the event.


Britain Unites – Bridging Connections across the LGBT Community

On the third Thursday of every month from 6 – 8:00 pm the LGBT Committee of The Pyramid Club partners with LGBT-friendly groups and organizations to bridge opportunities and connect the community throughout the Philadelphia area. The Pyramid Club, a longtime supporter of the British American Business Council of Greater Philadelphia, is hosting a British themed evening to unite several regional organizations for a networking happy hour. We hope you can join us.

                    
Welcomes Barclays, British American Business Council of Greater Philadelphia, Resource Solutions, Pennsylvania Ballet, and PYHLA Philly. “Britain Unites” as we connect with fellow Brits.

Enjoy complimentary hors d’oeuvres, British fare and discounted drink prices.
Thursday, May 17th, 2018
6 PM to 8 PM

Business casual attire is required.
All are welcome.

                                                           

                                                    

RSVP to https://pyramid-club.ticketleap.com/Britainsunite

 


EU GDPR with the US Commercial Service – Recap

EU GDPR with the US Commercial Service

Wednesday, February 14, 2018

BDP International

On Wednesday, February 14, 2018, more than 50 international business executives gathered at BDP International for a panel discussion about Europe’s General Data Protection Regulation (EU GDPR). The BABCPHL partnered with the French and German American Chambers of Commerce and the US Commercial Service to deliver this timely seminar.

Michael Ford, COO of BDP International welcomed guests and introduced the speakers. Jordan Fisher, Managing Partner at X-pan Law Group moderated the session. Alexandre Clovirola, Cybersecurity Data Analysis Expert, Security Analyst, I-TRACING, was the first to speak. Alexandre’s discussion focused on data protection and cybersecurity elements. He gave a brief presentation about EU GDPR goals, including the importance of securing data from hackers.

Michelle Sylvestor, Policy Advisor, Data Flows and Privacy Team, Office of Digital Services Industries, Industry and Analysis, International Trade Administration, US Department of Commerce, joined the conference by telephone to talk about the Privacy Shield. Her presentation included how businesses can use governmental resources to stay informed about the changing regulations. She mentioned that using the Privacy Shield will help businesses comply with the GDPR and will include an annual review.

Jordan Fisher and Rebecca Rakoski, also a Partner of X-pan Law Group, discussed the new EU GDPR in great detail, including processing, personal data, and data structure. Their presentation quickly turned into a dynamic discussion with attendees. They answered complicated questions regarding how it will affect US citizens along with a thorough explanation of the impact for both small and large businesses. They discussed how the new regulation could affect even the smallest things such as the use of a business card. Lastly, they touched upon the impact of Brexit and how the ambiguity of the UK separation from the EU makes the regulation difficult to interpret.

Aaron Gardner, Vice President, Enterprise Solutions, KLDiscovery was the final speaker. He talked about data breach and proper response procedure. Aaron noted how the EU GDPR is extremely different from US data protection policy. For example, in the US, a company has 30 days to report a data breach. In the UK, they have 72 hours to report the problem.

All speakers were engaging, and provided important information about the new EU GDPR. It is clear this is a top priority for Europe.  The five guest speakers clearly informed attendees about how the EU GDPR will affect the everyday business operations.


US Tax Reform Update Recap

On Thursday, February 1, 2018, the British American Business Council of Greater Philadelphia collaborated with the French and German American Chambers of Commerce for a US Tax Reform Update. The seminar was hosted by BABCPHL Club Level member, Deloitte LLP.  Approximately 35 people from the three Chambers participated in this informative program.

Jared Gordon, Director, and Paul Pelligrini, Senior Manager, both with the Philadelphia International Tax Group spoke about the topic. Jared has more than 20 years of experience in corporate and international taxation, serving multinational companies in a number industry sectors.  He provides international tax structuring strategy and advice.  Paul has almost a decade of experience serving multinational and private equity companies on a wide variety of matters.  His practice focuses on international tax issues including M&A, dispositions, post-acquisition integration and cross-border financings and restructurings.  The interactive meeting kicked off with attendees being asked to fill out and stick post-it notes to signs listing US tax reform topics of greatest interest scattered throughout the room.

The speakers reported on tax policy and the new tax law; international tax key provisions; federal tax considerations; planning and financial reporting; and multistate tax considerations. The presentations were very technical, and presenters invited questions from the audience throughout their discussion.  Attendees’ questions helped guide the conversation, and ensured everyone’s concerns were addressed.  If you missed the seminar, have questions and/or would like more information regarding the subject matter please contact us at babc@babcphl.com.


Seventh Annual New Jersey Networking Event

On Thursday, March 15, 2018, the British American Business Council of Greater Philadelphia hosted the seventh annual New Jersey networking event and dinner at The British Chip Shop in Haddonfield, New Jersey. More than 35 BABCPHL members and friends occupied the restaurant for a fun-filled pub night.  Chip Shop proprietors offered attendees a superb selection of specialty beers and a wonderful meal including delicious appetizers, a main course and traditional tea and biscuits for dessert.  Adding to the enjoyment of the evening, Philadelphia Union presented each attendee with two complimentary tickets to a Philadelphia Union home game, in addition to raffling off a team signed soccer ball.

Michael Pedrick, BABCPHL President welcomed attendees, and discussed the important relationship the State of New Jersey has with the United Kingdom. He also provided a brief introduction about the organization, and introduced event sponsors.  Following his introductory remarks, Michael invited Leon Dutkiewicz, Partner, D&H Global Tax Group, and lead sponsor for the evening to say a few words.  D&H Global Tax has offices in Pitman, NJ, London and Philadelphia.  The Firm specializes in international US tax advice, compliance services, and structuring.  After Leon concluded, Michael asked the other two sponsors to speak.  Howard Silverstone, Founding Partner of Forensic Resolutions, a forensic and investigative accounting firm, providing solutions to complex business problems and insurance claims, addressed the group.  Howard is a past BABCPHL President and he is the current Programs and Events Chairman.  He has served on the BABCPHL Board of Directors for more than 25 years.  Howard kept attendees laughing at his clever jokes and witty comments, before passing the microphone to Jay Jumper, Partner at Pepper Hamilton LLP, a multi-practice law firm serving clients throughout the world.  Jay has been a BABCPHL Board Member for the past three years.

Following sponsor remarks, a winning business card was drawn for a Philadelphia Union team signed soccer ball. Attendees were then invited to sit and enjoy dinner.  Guests remained long into the evening, continuing to mingle.

We extend special thanks to lead event sponsor, D&H Global Tax Group; supporting sponsors, Forensic Resolutions and Pepper Hamilton LLP; and door prize and raffle gift sponsor, Philadelphia Union.

Click here to view photos.


International Employers Forum HR Roundtable

BABCPHL Corporate Member Fisher & Phillips LLP would like to invite BABCPHL members and contacts to an International Employers Forum Atlantic Chapter presentation about global mobility. The discussion will focus on employers’ safety and security responsibilities and the immigration impact of Brexit.

Click here for more information.

 

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The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Bartlett
  • Cigna
  • Deloitte
  • Drinker Biddle & Reath LLP
  • Duane Morris
  • HSBC
  • McConnell Johnson Real Estate
  • Morgan Lewis
  • Law Firm of Pepper Hamilton
  • TD Bank
  • United Airlines
  • Virgin Atlantic