Who Is Phillip Ullmann? 

Phillip Ullmann is a social business entrepreneur with a track record of building disruptive business models that deliver value – measured as much by people, communities, and nature as by financial assets.

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Goals Inspired By Success

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He believes in creating environments where talented leaders who share a passion for innovation are given the opportunity to succeed, changing their lives and the teams they allow to self-manage. This philosophy is reflected in his ability to recruit some of the most successful executives who have grown and developed the Cordant Group, with revenues at its peak of over £1.2 billion and a combined workforce of over 100,000.

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Sharing success also means giving back to society and its important causes. In 2017, Phillip evolved the value system at Cordant further, defining it as a social business and introducing a set of measures to reflect that – capping executive pay and dividends.

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Giving Back

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In 2019, Phillip and his senior team co-authored Cordant’s Social Impact Report, mapping a five-point strategy aimed at improving worker opportunities with a focus on purpose, not profits and well-being, not just wealth. These categories included good jobs, maximizing potential, building resilience, giving forward (charities, etc.), and reviving business – all underpinned by the social model. A campaign was also launched to promote and implement the Real Living Wage.

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In 2020, Cordant Group was sold to Twenty20 Investors. Phillip set up Covenant Advisory – an independent consultancy mandated to guide and advise businesses, their leaders, and state enterprises on their journey to social purpose whilst aligning shareholders with other stakeholders.

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Looking Forward

Social responsibility and a healthy future for the UK are the drivers of all of Philip's entrepreneurial and economic decisions.  He believes that if we take steps forward together, we can bring positive change that will enrich the lives of generations to follow.