Bringing things together to build a purposeful business
Growing up, I would often watch my father at work. He was a watchmaker, which is a somewhat unusual job. I was fascinated by the idea of how watches work, and the elegance of their multiple parts working together as a whole. Looking back at my career, I can see that’s a common thread to the jobs I’ve had. They’ve often involved taking things apart, optimising them, and then putting them back together again. But instead of watches, I have done that first with jet engines and now with modular homes.
People my age grew up watching the pinnacles of human achievement, around the time of space shuttles and various space programmes. I found this hugely exciting and interesting, and it definitely inspired me as a child. My interest in science and knowing how things work made me a classic maths, physics and chemistry A-level student at school, which in turn led me to study chemistry with materials science at university.
However, after leaving university, I actually left the field of science and joined an accountancy firm. It was a massive learning experience and taught me skills I still use regularly, but I knew that it wasn’t what I wanted to do forever. So, when the chance to join Rolls Royce came up, I took it. I started in finance and went on to hold a number of different roles across the business. These roles included managing the engine for the A320, which is one of the 150-seat passenger planes we would typically take to go on holiday, and the Trent 900, the engine which powers the Airbus A380.
I’ve enjoyed all the roles I’ve had throughout my career, but that’s not to say that there haven’t been demanding and challenging moments. I’ve managed businesses going through hard times and I understand the impact this can have on people. If anything, those moments have taught me the most. I’d say to anyone starting out in their career to try and keep learning. I’ve found that taking jobs where you might be a bit out of your comfort zone can always teach you something new.
I joined Legal & General as CEO of its Modular Homes business about three years ago. It felt like the perfect opportunity to use what I’ve learnt and give something back. I’ve loved seeing how passionate Legal & General is about doing the right things for the UK economy, to promote the right kind of growth and level-up the UK. The sense of purpose really drew me to the role and I wanted to be part of making that change happen. At Legal & General Modular Homes, our target market is primarily the affordable homes sector, so we have a major part to play not just in Legal & General’s strategy for inclusive capitalism, but also in making sure that the UK can build to the government’s goal of 300,000 new homes a year.
When I started in Legal & General Modular Homes, we had 20 employees and 20 contractors. Now, we are a team of 350. We’ve developed a process in which the modules are assembled along a production line in our 550,000sq ft. factory. The first step in building a home is essentially to build a module, and then this becomes progressively more and more complete as various installations take place, going along the 12 stages of the production line. The home is then moved to site, where we put it on foundations, brick it up and put the roof on, as well as doing any landscaping or road development that needs to be done before handing over to customers. It’s a very new and novel sector that is growing in the UK and we are very much at the forefront of this, in terms of both technology and scale of the business.
Our five-year plan is to achieve production of 3,500 homes a year and it will be absolutely ground-breaking to get to that point. We have bold ambitions to deliver not just that volume, but also to a high quality. We have already said that all of our homes will have an energy performance certificate of ‘A’ or above, which would put them in the top 1% of homes in the UK. We’re hoping we can drive an industry shift in both quality and sustainability, which is another key area of focus for us: we want to grow, but in the right way.
I have no doubt that when we start delivering at our first large-scale site in Selby, it’ll be my career highlight. I can’t wait to see the results of all the effort we have put in over the past three years. I know I’ll be so proud of the team and all the work that’s gone into the business so far, and excited about where we can take the business from here.
Joiner at Morgan Sindall
1 年You had no idea how to build a house and look at it now I have no job because of you
Head of Business Development at Metek Plc
4 年Rosie Toogood ambitious if you apply 4 modules per house to achieve 3,500 homes per year. 14,000 modules at what...? £35/40k per module? That puts you at £560m Wow. Impressive. Great to read your back story....
Career Break
4 年Thanks for sharing this article Rosie, particularly uplifting during these challenging times. Thankfully delivering homes on a scale isn't rocket science but it does take determination and the where with all to do it. It's fantastic that L&G has become such a driving force in modular and hugely reassuring that they have the talent to succeed.
Senior STA Manager Chassis Commodities at Jaguar Land Rover
4 年Great article demonstrating a real passion to actually do something about the housing crisis in the UK and not just talk about it!
Supporting Innovative MMC organisations to achieve high-performance, growth and sustainability.
4 年Thanks for sharing your journey Rosie, nice to hear it and nice to know the journey is still as exciting as it was at the start. We have an incredible talent pool to make this happen in this sector, a supportive agenda from Government and a great demand for high performing and high quality affordable homes, so it's great to see it coming together like clockwork ;-).