This document outlines the agenda and presentations for an event titled "Is creativity dead yet?". The event will include a welcome from Simon Rogers of GTI, an economic review from Declan Curry, a presentation on defining culture through creativity from Bob Athwal, a discussion of #notboring from Dan Gregory of Havas People, and a presentation on UKTV's creative leadership from Wayne Garvie of Sony International Production. The agenda indicates the event will focus on discussing whether creativity is still alive and exploring how organizations can foster creativity.
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09.03.16 28.04.16 30.06.16 15.09.16 24.11.16
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Today’s agenda: “Is creativity dead yet?”
Welcome & trendence UK research update
Simon Rogers, Director, GTI
The Economic Update
Declan Curry, Broadcaster, Business & Economics journalist
Defining culture through creativity
Bob Athwal, Director of Student Experience, University of Leicester
#notboring
Dan Gregory, Creative Director, Havas People
UKTV: the creative leader
Wayne Garvie, Chief Creative Officer,
Sony International Production
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Declan Curry
Broadcaster, Business & Economics Journalist
THE ECONOMIC REVIEW
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BREXIT AFTERMATH
GARDEZ LE CALME
ET
CONTINUEZ
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BREXIT AFTERMATH
• Single market – in or out ?
- accept workers’ freedom of migration?
• Business Investment
• Consumer Confidence
• The City – access to markets, job cuts?
• Exports to rest of the world
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BREXIT AFTERMATH
A temporary dip in the economy ?
….. or permanently poorer?
…. or a new Elizabethan age of free trade?
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JOBS MARKET
• Employment: 31.59m (Feb-Apr ‘16)
.. up 461,000 on previous year
• Unemployment: 1.67m (Feb-Apr ‘16)
… down 148,000 on previous year
• Youth un’ployment: 621,000 (Feb-Apr 16)
… rate 13.6%, down from 16.0% last yr
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YOUTH ACTIVITY
Not in education, employment or training:
• 865,000 16-24 year olds (Jan-Mar 2016)
… 12% of all young people in UK
… down 68,000 from previous year
• WORST in England: North East (16%)
• BEST in England: South East (9%)
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WAGES
Still rising faster than prices …
• Average earnings: +2.0% (3mth Apr y/y)
• Private sector: +2.1% (3mth Feb y/y)
• Public sector: +1.7% (3mth Feb y/y)
… rising after years of freeze
• Construction: +8.4% (3mth Mar y/y)
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INFLATION
Not-very-rising prices …
• CPI: +0.3% May ‘16
same inflation rate as April ’16
RISING PRICES: transport, restaurants
FALLING PRICES: food, clothing, toys
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EURO INFLATION
Prices FALLING in many European nations
… hurts savings, consumer spending
• Euro Union inflation: -0.1% May ‘16
• German inflation: 0.0% May ‘16
16 of 28 EU nations have negative inflation
… including Italy, Spain, Poland, Romania
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ECONOMIC GROWTH
Slowing down, even before Brexit …
• GDP: +0.4% Q1 2016
was: +0.6% Q4 2015
Increased 13 qtrs in a row
UK GDP 7% bigger than before crash
WATCH: business investment before EU ref
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GLOBAL GROWTH
Annual change, Q1 2016
• UK: +2.0%
• USA: +1.9% (will overtake)
• Germany: +1.6% (v.strong Q1)
• Eurozone: +1.5% (Lazarus !)
• Japan: 0.0%
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PRODUCTIVITY
Stalled again ….
• Q1 2016: unchanged y/y
• FY 2015: +0.9% y/y
• FY 2014: +0.1% y/y
… had been growing 2% y/y before crash
… UK second-worst in G7
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TRADE
• Exports: £512 bn 2015
• Imports: £548 bn 2015
• TRADE GAP: £ 36 bn 2015
Europe remains our largest trading bloc …
… exports boost needed in China, Asia,
Americas to mitigate any Brexit decline.
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MANUFACTURING
Factories producing less than a year ago
• M. Output Index: +0.1% monthly Mar
but: -1.9% annually Mar
But more manufacturers expect output rise
• CBI Indust Trends: +23 pts (Jun ‘16)
was: +20 pts (May ‘16)
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CONFIDENCE
Confidence fragile in service industry
• Markit PMI index: 53.5 pts (May ‘16)
was 52.3 pts (Apr ‘16)
Consumers remain slightly anxious …
• GfK/NOP index: -1 pt (May ‘16)
was: -2 pts (Apr ‘16)
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HOUSING MARKET
Dips after March rush to avoid stamp duty
• House prices (ONS):+0.7 monthly Apr ‘16
• Mortgage approvals: 66,250 Apr ‘16
down 5.8% monthly, down 2.2% annually
• House building: 35,530 starts Q1
down 3% quarterly, down 9% annually
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PERSONAL DEBT
We owe 143% of our disposable income
… peaked during crash at 169% - Q1 2008
*What happens when interest rates rise?*
Insolvencies Eng&Wales: 20,383 Q1 2016
up from Q4 2015; down 2.2% yearly
Insolvencies Scotland: 2,232, -13% y/y
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GOVERNMENT DEBT
Deficit falling, but not as fast as predicted
• New borrowing: £75 bn 2015/16
18% less than previous year …
…still higher than before credit crunch
• Accumulated debt : £1,607 bn May 2016
83.7% of GDP; highest % since 1968
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INTEREST RATES
Up in USA, UK frozen, negative in Eurozone
• Federal Reserve (USA):
Key rate btwn 0.25-0.5%; 1st rise in 9 yrs
• European Central Bank:
Consumers 0%; banks -0.40% since Mar
• Bank of England: 0.5% since Mar 2009
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THE POUND
Down 5.2% against major currencies in yr
• £1 = $1.45 (May ‘16)
… down 6.2% over a year
• £1 = €1.28 (May ‘16)
… down 7.5% over a year
NB: BEFORE referendum night hysteria
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FINANCIAL MARKETS
(as of 24 June; source: FT)
• FTSE-100: 6,138
all-time high in May 2015; down 14%
• Brent Crude oil: $50.70 /bbl
fell below $30 /bbl in Jan 2016
• Gold: $1,262.20 /oz
was at 6-year low in Dec 15; revived
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Bob Athwal
Director of Student Experience,
University of Leicester
DEFINING CULTURE
THROUGH CREATIVITY
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Culture Eats Strategy For Breakfast
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My Challenge to You!
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Question?
What influences 8 out of 10 Millennials
when choosing where to work?
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NEXT EVENT
15.09.16
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Editor's Notes
The Vision
Employers
To lead the way on the social mobility agenda: “There’s more beneath the surface @ Leicester”
To become a global benchmark for Careers services
Provisional information from the latest DLHE survey indicates that the University is almost certain to be posting an improved score in 2014/15.(NB. data are subject to quality checking until 5th May 2016)
We will, however, have to wait until later in the year to discover how this compares with the performance of other institutions.(N.B. sector data become available in July)
When interpreting the University’s figures it may help to know that – based on the size of the University’s leaver population over the past few years – one percentage point equates to approximately 16 or 17 students.
In 2014/15, for example, just over 100 leavers were still seeking work six months after graduation.
This means that, roughly speaking, supporting an additional two members of the class of 2016, per department, into employment or further study would result in a three percentage point improvement on this measure next year. [Assuming a steady base population and 27 departments].
No one wants to be boring. Ineffective. Ignored etc…
What is it and why is it important?
The 8 step golden guide of #notboring, Do break it and change it.
Think about it. What gets you out of bed in the morning? What excites you? Inspires you? No one wants to be boring. Ineffective. Ignored etc…
Think about it. What gets you out of bed in the morning? What excites you? Inspires you?
Let’s go back to our mantra. It can’t be this.
It’s a personal sense of purpose, a reason for doing what you do. It’s so easy to forget, but it’s this that drives us, motivates us, makes our organisations attractive to others.