Former CEO of ARM and Rolls Royce Holdings, Warren East, reflects on his business career and shares insights on the challenges faced by Rolls Royce, including engine troubles, COVID, and a massive restructure. He also discusses the growth of ARM and the impact of foreign acquisitions on the British economy. Additionally, he explores the potential of forward-thinking technologies in unlocking British growth and achieving net zero.
Rolls-Royce faced major challenges, including engine issues, operational difficulties, and financial losses under Warren East's leadership.
Modernization and restructuring efforts were crucial for Rolls-Royce's survival amidst obstacles such as the COVID-19 pandemic, enabling the company to position itself for future growth.
Deep dives
The Challenges at Rolls-Royce
Warren East discusses the challenges he faced as CEO of Rolls-Royce, including issues with the Trent 1000 engine, operational challenges, and the financial impact, resulting in a loss of £2 billion and a decline in the share price.
Modernization and Restructuring at Rolls-Royce
Warren East highlights the importance of modernization and restructuring at Rolls-Royce, which involved shedding jobs, increasing capacity, and improving cash flow and profitability. These efforts were necessary to navigate challenges such as the COVID-19 pandemic and position the company for future growth.
The Rise and Success of ARM
Warren East reflects on his time at ARM, the chip design company, and its growth from a small startup with a turnover of under £10 million to a global leader in the industry. ARM's success was driven by its focus on mobile phones, the transition from analog to digital, and licensing its technology to various companies, resulting in billions of ARM chips delivered worldwide.
Warren East has run two of the UK's most successful companies, ARM and Rolls Royce Holdings. During his tenure at ARM he oversaw a rapid growth of this globally successful Cambridge semi conductor company. He went on to lead Rolls Royce during a time of turbulence, from aircraft engine trouble, to COVID and a massive restructure which led to several thousand redundancies. He shares his reflections on his business career, as well as his thoughts on Brexit, tax and economic growth.
GUEST
Warren East, former CEO Rolls Royce Holdings Ltd.
PRODUCTION TEAM
Producer: Julie Ball
Editor: China Collins
Sound: James Beard and Graham Puddifoot
Prod Co-ordinator: Siobhan Reed
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