Written by: Nick Kirby
Posted: 02/05/2011Dame Mary Perkins is the most successful businesswoman
the Channel Islands have ever seen. Nick Kirby finds out how
the girl from Bristol turned the optical world upside down.
When dame Mary Perkins sold
her first chain of opticians in
1980 and moved to Guernsey,
even she couldn't have imagined
that over 30 years later she would
be at the head of the largest privately owned optical
company in the world. But since she and her husband
Doug launched Specsavers from their spare bedroom
in 1984, the company has grown far beyond expectation:
it now has more than 1,500 stores in the UK, Europe and
Australasia and employs 26,000 staff – and it looks set to
keep growing.
Despite being an incredibly successful businesswoman,
Mary finds time to be involved with a number of charitable
organisations as well as business programmes for women
– she is Patron of the Spirit of Everywoman Award,
and most recently has been involved in the Everywoman
‘Modern Muse' initiative, which aims to inspire and engage
the next generation of female business leaders. She was
made a Dame in 2007 for her services to business and to
the community in Guernsey.
Although she is incredibly busy with the company's
current expansion into Australia and New Zealand,
she was kind enough to take time out to talk to
businesslife.co about her business, her life and the
community in Guernsey.
When you started Specsavers, did you ever dream
it would become as big as it has?
Not at all! Initially I thought we would cover the south west
of the UK and south Wales – this is where Doug and I had
our previous business – but then you realise you need to
cover the whole country, simply because of the advertising.
You don't want to advertise on the TV and then not have a
store nearby for a customer to visit. So it was planned that
we would eventually cover the whole of the UK, but we still didn't anticipate having so many stores. Of course,
what has happened is that Specsavers has become a more
trusted, popular brand, but many people don't want to
travel into big cities, so we are in a lot more smaller
communities, and we do very well there.
And you branched out internationally.
Yes we did. We've actually got more stores outside the
UK than we have in the UK now. We're in the Nordics, the
Netherlands, Denmark and Spain and our latest venture
has been in Australia and New Zealand. I get lots of air
miles now, which is quite nice. I quite like the travelling
– I have 24 hours where no one interrupts me, so I can
catch up on reading!
Your company really is a family affair:
tell us more about that.
My son is joint Managing Director with my husband
Doug, who is also the Co-Founder, and one of my
daughters is the General Manager in the Netherlands.
Bizarrely, I'm actually nobody! I don't have an official
title. I'm not a financial director, I'm not a marketing
director – so when I sit on the board I sit there as
Co-Founder and main shareholder. They really ought to
find me a title. Up until a year or so ago it was PR Director,
but even that didn't describe me properly.
Have you ever considered listing on the
stock market?
No, we've never really considered it. I think that people
who do so have a reason for it, such as needing more
money to expand abroad or if there is a succession
problem. We don't have a reason to do that, and it
wouldn't be our way of working anyway. We prefer to
stay as a private company and I hope that continues
with the next generation as well.
You are the face of the company, or
so it seems. Was that deliberate or did
the media focus on you because you
are a woman?
I think the media picked up on my being
a woman. To be honest, none of us wanted
to be in the public eye but someone had
to do it. A few years ago, we realised that
people were becoming interested in how the
company is run and what it stands for, and
you can't really say no to that kind of thing.
Of the companies in the FTSE 100, only
five have female CEOs. Do you feel that
women have a difficult job getting senior
executive roles?
I'm in two minds about it to be honest. I think
a lot of women choose not to go up to that
high level simply because it's not what they
want. Many look at it and think: ‘I could do
that, but I really don't want to, I like what I'm
doing. I have a good lifestyle, a job I enjoy, a
family…' and so on. I don't think that women
hanker after those roles as men do. You
are obviously going to get those who do
want it and they do get there. But I think that,
generally speaking, many women don't have
that mindset.
I do, however, think that women need to
be treated equally in the job they are in – and
I think there are a lot of inequalities between
men and women doing the same job.
That said, you are probably still a role
model, whether you want to be or not.
You're probably right. There are more and
more women opening and growing their own
companies now. A lot of women run small
companies really successfully and profitably,
and they're heading them up because it
belongs to them and they can make the rules
rather than having to play by the rules in
big publicly quoted companies. I can see this
being the way things go.
When you sold your original company in
1980 and moved to Guernsey, had you
intended to retire?
My parents lived here and part of the
agreement when I sold the business was that
I was not allowed to go back into optics for
three years. So when I came to Guernsey it
wasn't to retire – I was always intending to
go back into work – but I thought I might
have had a change of career. Obviously it
didn't happen that way!
Is it possible to calculate the impact
Specsavers has had on the economy
in Guernsey?
I guess it must have an impact – after all
when there are 60,000 or so people living
on the island and you are employing 500...
We contribute a fair amount of tax to the
economy, that is for certain.
You quite clearly consider Guernsey
your home now.
Well, I've been here since 1980, although
I'll never be a ‘local', of course! It is my only
home – in fact I'm still in the same house I had
when I moved here. As far as I'm concerned it's home. My children are all here, except the
one who is in Holland, although she has a
home here. All my grandchildren are here,
and after 31 years, all my friends are here too.
You became a Dame in 2007: is that the
stuff dreams are made of?
It was all rather surreal. All of a sudden you
get a letter in the post and the first reaction is
that someone is pulling your leg! It was totally
unexpected – particularly living in the Channel
Islands, you read the honours list each year
but you don't think anyone from the islands
will be featured because you don't think of
yourself as being in the UK.
You are heavily involved in charity and
community work. Do you think successful,
wealthy people have a duty to do this?
I don't think it has anything to do with
wealth really – I think everyone should
muck in and get involved with something in
their community, whether on a big or a small
scale. Stuart Falla has set up the Guernsey
Community Foundation and I am getting
involved with that – they are going to be
encouraging a lot more giving from big
companies and are looking to support
different projects in the community. It's early
days yet, though. But I do think that everyone
should be aware of where they live. Not
everyone is as lucky as me – I've had a lot
of luck on the way to be honest – and it's
nice to be able to give back to the people who
haven't had that advantage.
From a business point of view, can you
name one good thing and one bad thing
about Guernsey?
On the good side, I think the people are
fantastic. We are a ‘people' business and I just
love coming to work because of the people.
I think that would have been more difficult
on the mainland because people are spread
around more. Here it is like having a big family
– they all are related to someone or went to
school with them. Then the bad thing is that
you run out of people because you only have
so many to choose from, so there are pluses
and minuses of being on an island.
Do you have any unfulfilled ambitions?
Not really. I've had a very fulfilled life. If I could
live my life again I might have done something
more creative, in music or in painting perhaps.
But I've got no regrets, lets put it that way!
Fact File
- NAME: Dame Mary Perkins
- Age: 67
- LIVES: Guernsey
- Married to: Doug
- Children: Two daughters and a son
- Position: Co-founder, Specsavers
- Hobbies: Spending time with my
grandchildren, and I do a lot of reading
and a lot of walking both at home in
Guernsey and all over the world.