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Worcestershire LEP Annual Conference 2018 presentation slides

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Includes topics and sessions discussed during the conference on November 30, 2018 at the Chateau Impney Hotel & Exhibition Centre:
WLEP vision & progress over the past year
Keynote speaker slides - Tiffany St James, Transmute
Worcestershire 5G Testbed and Consortium
BetaDen
Future Workforce

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Worcestershire LEP Annual Conference 2018 presentation slides

  1. 1. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018#WLEP18
  2. 2. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP WELCOME TO #WLEP18 Kate Russell Conference Host Author, TV & Radio Journalist & Presenter
  3. 3. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP GROWING IN A CHANGING WORLD Mark Stansfeld Chair Worcestershire Local Enterprise Partnership
  4. 4. A Challenging Environment What’s worrying you? • Uncertainty • Skills/Hiring • Technology/Connectivity • Regulation/Compliance • Innovation • Security • Productivity • Capital • Work life balance • Commercial space #WLEP18 @WorcsLEP
  5. 5. Trends #WLEP18 @WorcsLEP AI IOT AGEING SOCIETY DATA CLEAN GROWTH NEW BUSINESS MODELS FUTURE MOBILITY BOTS 5G BLOCK CHAIN ENVIRONMENT
  6. 6. Worcestershire LEP A partnership between local authorities, education and businesses to promote inclusive economic growth for all. KPIs • Helping to create an extra 25,000 jobs • Enable 21,500 new homes • Boost productivity by £2.9bn in GVA by 2025 Securing Funds • £71.7m - Growth Deal • €68m – ESIF • £54.5m – Local Majors Fund • £5m - DCMS/5G#WLEP18 @WorcsLEP
  7. 7. Our vision: “To build a connected, creative dynamic economy that delivers increased prosperity for all those who choose to live, work, visit and invest in Worcestershire.” #WLEP18 @WorcsLEP
  8. 8. To date, WLEP has committed to: #WLEP18 @WorcsLEP • Kidderminster Station • Redditch Eastern Gateway • North Worcestershire Engineering Centre of Excellence • Flood Alleviation Programmes • Parkway Station • Gigabit Broadband Vouchers • Superfast Broadband • Worcestershire’s 5G Testbed • Hoobrook Link Road • Evesham Engineering Centre • Commercial Land at QinetiQ • Pershore College • CoDE – HoW College • Southern Link Road (A4440) • Worcester Six • BetaDen • Malvern Hills Science Park Phase 5 • Worcestershire Growth Fund • Cathedral Square • A38 improvements • New Engineering Facility – HoW College • Pershore Northern Link Road • Churchfields Urban Village Highway • And many more …………..
  9. 9. Industrial Strategy 5 Foundations – To boost productivity and earning power across the country 1. The world’s most innovative economy 2. Good jobs and greater earning power for all 3. A major upgrade in infrastructure – physical and digital 4. Best place to start and grow a business 5. Prosperous Communities across the UK Four Grand Challenges - AI and Data - Clean Growth - Future of mobility - Ageing Society #WLEP18 @WorcsLEP Local Industrial Strategy to access the UK shared prosperity fund
  10. 10. Collaboration is critical Success will be delivered together. • One Worcestershire • All areas – GBSLEP/Warwickshire/ Marches/Gloucs - all • Midlands Engine • Government • International – Maryland, China etc #WLEP18 @WorcsLEP Local – Regional – National - International
  11. 11. We make promises and deliver, but not always. We know that there’s still more to be done… #WLEP18 @WorcsLEP
  12. 12. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP THE YEAR’S JOURNEY Gary Woodman Chief Executive, Worcestershire LEP Luke Willetts Director of Operations, Worcestershire LEP
  13. 13. #WLEP18 @WorcsLEP
  14. 14. #WLEP18 @WorcsLEP
  15. 15. #WLEP18 @WorcsLEP
  16. 16. #WLEP18 @WorcsLEP
  17. 17. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP OUR 2040 VISION FOR WORCESTERSHIRE Gary Woodman Chief Executive, Worcestershire LEP Luke Willetts Director of Operations, Worcestershire LEP
  18. 18. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018#WLEP18
  19. 19. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP THE ART OF THE POSSIBLE Tiffany St James Global Digital Strategist & Leading UK Digital Marketer Founder and CEO, Transmute
  20. 20. THE ART OF THE POSSIBLE HOW DIGITAL CAN SUPPORT BUSINESS CHALLENGES 30 NOVEMBER 2018 @tiffanystjames @wetransmute
  21. 21. @tiffanystjames #WLEP18 DISRUPTION 90% of the worlds data was created in the last 2 years 80% of it is unstructured and we can’t make sense of it Only half a percent is useful
  22. 22. Britain’s skills crisis is jeopardising our competitiveness @tiffanystjames DIGITAL SKILLS CRISIS 40,000 shortfall in STEM employees in UK, just less than half what is needed Only 12% of Execs think graduates have the right skills - down from 20% Digital skills will be needed for 90% of jobs in 20 years’ time 22% of small businesses believe digital skills are holding them back More than three quarters of executives experience challenges in digital recruitment The lack of skilled workers is costing UK co.'s £2.bn a year in higher salaries &temporary resources
  23. 23. NEEDED SKILLS General skills: Entrepreneurship Interdisciplinary skills How to learn Hybrid Management Leadership Specific digital skills: Business Intelligence Content Curation Content Creation SM Platform Knowhow Analytics SME digital skills: Content monetisation Professional digital literacy Digital media Data @tiffanystjames #WLEP18
  24. 24. KEY CHALLENGES Tech skills Attract Develop Retain Growth Digital transformation Innovation Support Collaboration @tiffanystjames #WLEP18
  25. 25. @tiffanystjames #WLEP18 #1 TECH SKILLS - ATTRACTING TALENT Social listening Creating digital talent pools Targeted digital outreach Digital community engagement
  26. 26. #1 TECH SKILLS – DEVELOP TALENT @tiffanystjames #WLEP18 Play to peoples strengths M-shaped people Defining Talent DNA Digital skills mapping Digital skills interventions
  27. 27. #1TECH SKILLS – RETAIN TALENT Invest in non-related skills Charitable endeavours Competitive interaction Corporate mobility Fragmented working @tiffanystjames #WLEP18
  28. 28. #2 GROWTH Vision Strategy Business Model Product Operations People Customer Experience Culture @tiffanystjames #WLEP18
  29. 29. #2 GROWTH – BUSINESS MODEL Digital Modified Business, New Businesses, Globalisation
  30. 30. #2 GROWTH – PRODUCT Digital Modified Products, New Digital Products
  31. 31. #2 GROWTH – OPERATIONAL PROCESSES Distribution Digitisation, Worker Enablement, Performance Management @tiffanystjames #WLEP18
  32. 32. #2 GROWTH – PEOPLE @tiffanystjames #WLEP18Talent DNA, Digital Capability Mapping, Training Interventions
  33. 33. #2 GROWTH – CUSTOMER EXPERIENCE Customer Understanding, Digital Offer Evolution, Channel Shift @tiffanystjames #WLEP18
  34. 34. #2 GROWTH – BUSINESS INTELLIGENCE @tiffanystjames #WLEP18 Customer pain points Digital estate data CRM One hand deep in social media Retargeting
  35. 35. @tiffanystjames #WLEP18 Industry Business and Academia Hyper-local Through place #3 INNOVATION – COLLABORATION
  36. 36. #3 INNOVATION – PARTNERSHIPS @tiffanystjames #WLEP18 Shared Infrastructure Single view of place
  37. 37. TWINNING @tiffanystjames #WLEP18 #3 INNOVATION – DIGITAL TRANSFORMATION AI Digital twin Team, product or process Key products and services Concurrent product or service
  38. 38. VISION @tiffanystjames #WLEP18
  39. 39. @wetransmute @tiffanystjames
  40. 40. TRANSMUTE DIGITAL TRANSFORMATION 0203 126 4922 wetransmute.com tiffany@wetransmute.com @wetransmute Copyright Transmute 2018
  41. 41. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018#WLEP18
  42. 42. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP THE WORCESTERSHIRE 5G CONSORTIUM Mark Stansfeld - Chair, Worcestershire LEP Chris Walker - Engineering Director, QinetiQ Muquid Ali - Technical and Operational Director, AWTG Ltd Stuart Laverick - Principal and Chief Executive, Heart of Worcestershire College
  43. 43. WHAT IS 5G? 5G is the next generation of mobile technology More than just enhanced speed, it has the low latency, responsiveness and reach needed to transform the world we live in.
  44. 44. WHAT CAN 5G DO FOR BUSINESSES? Business productivity is a huge issue the Government is trying to tackle. 5G presents a huge opportunity to revive British industry. It could mean a 1% increase in productivity for advanced manufacturing businesses. Multiple applications, IOT, new business models, many sectors
  45. 45. 5G Rural Integrated Testbed (5GRIT) Sector: Rural, including farming and tourism. Location: Cumbria, Northumberland, North Yorkshire, Lincolnshire, Invernessshire, Perthshire) and Monmouthshire. Worcestershire 5G Consortium Sector: Manufacturing and security Location: Worcester 5G Smart Tourism Sector: Tourism Location: West of England, Bristol, Bath 5G RuralFirst: Rural Coverage and Dynamic Spectrum Access Testbed and Trial Sector: Rural, agriculture and various Location: Orkney, Shropshire, and Somerset AutoAir Sector: Dense deployment, CAVs Location: Milbrook and 5GIC 1 2 3 1 2 4 5 6 3 4 4 Liverpool 5G Testbed Sector: Healthcare in an urban setting Location: Liverpool 6 #WORCESTERSHIRE5G Creating a thriving economy 5
  46. 46. A blueprint model for the 5G ecosystem Worcestershire is enabling the 5G ecosystem to work together in a unique way to figure out new business models for 5G/Industry 4.0. • Increased productivity in manufacturing Detection • New models – manufacturing as a service ‘Security by Design’ • Training the next generation of 5G engineers • Remote maintenance
  47. 47. A bigger opportunity • Midlands Engine Digital • Connectivity Strategy • Most connected region • Closing the productivity gap • Delivering inclusive economic growth Worcestershire (Worcestershire 5G Testbed) Birmingham #WORCESTERSHIRE5G
  48. 48. Worcestershire 5G Consortium - November 2018 update video https://youtu.be/XncGiwz7CXI
  49. 49. An exciting journey ahead Only together can we achieve the recognition Worcestershire’s 5G Testbed deserves #WORCESTERSHIRE5G
  50. 50. TO FIND OUT MORE, VISIT: WWW.WLEP.CO.UK/CURRENT- PROJECTS/WORCESTERSHIRE-5G TO GET INVOLVED EMAIL: ENQUIRIES@WLEP.CO.UK #WORCESTERSHIRE5G
  51. 51. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018#WLEP18
  52. 52. LINDA SMITH CEO WORCESTERSHIRE LEP ANNUAL CONFERENCE CHATEAU IMPNEY 30 NOVEMBER 2018
  53. 53. To create a dynamic launch pad for tech entrepreneurs and scale up businesses in Worcestershire To launch 100 tech start ups across Worcestershire by 2021 To support and grow all our scale up businesses to deliver further success THE VISION
  54. 54. Smart Factories: Driving Industry 4.0 into manufacturers Leading test bed focused on productivity and security 15% of top 600 cyber companies within 30 miles of Malvern INDUSTRY 4.0 5G CYBER SECURITY AREAS OF FOCUS
  55. 55. Feasibility study for innovation hub in Worcestershire Invest and develop the culture of tech entrepreneurship A dedicated entrepreneurship space focusing on facilitating innovation, entrepreneurship and tech across the county 2015 2016 2017 OUR STORY BetaDen concept developed 2017
  56. 56. Research other tech hubs and source mentors Advisory board formed BetaDen launch website and branding MOU signed with Coventry University 01/18 02/18 06/18 11/18 09/18 Cohort 1 applications received. Applicants interviewed and spaces allocated OUR STORY
  57. 57. Join BetaDen with Business/ Tech idea Proof of Concept and Development Subject Expert Support Pitch your concept Ready to launch 1 2 3 4 6 THE ENTREPRENEUR JOURNEY 5 Route to market
  58. 58. WHAT’S ON OFFER WITH BETADEN Proof of Concept Grant up to £15k Free Office Space Mentoring from our range of experts Access to Worcestershire’s 5G Testbed
  59. 59. Clive Summerfield BetaDen Mentor and Founder of Auraya Systems, discusses the unique advantages of Beta Den, Worcestershire's first tech accelerator. https://youtu.be/nyrNdEIO6K8
  60. 60. A GAME CHANGER FOR THE FUTURE
  61. 61. Attract new investment from National and International partners looking to tap into cutting edge technology. ATTRACT INVESTME NT FOR THE REGION
  62. 62. To create a dynamic launch pad for tech entrepreneurs and scale up businesses in Worcestershire Supporting start-ups and established firms to accelerate their development and growth in Worcestershire and the Midlands. SC ALE -UP
  63. 63. Taking full advantage of the opportunities emerging in 5G, cyber security and technology landscapes - our entrepreneurs are developing next-generation technologies that have real commercial potential and will thrive in our region. ENTREPRE NEU R S
  64. 64. From cyber security to medtech, AI to agritech, machine learning to gaming - BetaDen will support the creation of exciting new jobs in cutting edge technologies of the future. CREATING JOBS FOR THE FUTURE
  65. 65. £4.8 million 5G technology trial awarded to the area – BetaDen provides a revolutionary platform, maximising exposure, amplifying physical capabilities - the ‘go to’ place for tech entrepreneurs. EMERGING TECHNOLOGIES
  66. 66. Growing within Malvern Hills Science Park as a key location, with others to follow across the county. FUTURE DEVELOPM E NT OF BETADEN
  67. 67. Growing locally, nationally and internationally. Making BetaDen the go-to brand for tech entrepreneurs. NATIONAL AND INTERNATIO NA L
  68. 68. DEVELOPING OUR TECH ENTREPRENEURS OF THE FUTURE www.beta-den.com BE PART OF IT
  69. 69. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP WORCESTERSHIRE’S FIRST TECH ACCELERATOR Linda Smith – CEO, BetaDen David Sidaway – CEO & Founder, Sidaway Technologies Ltd. Paul Walker - Non-Executive Director, Malvern Hills Science Park Jenny Rohde - Strategic Marketing Specialist Jon Wills – Business Development Officer, Worcester Scientific
  70. 70. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018 #WLEP18 @WorcsLEP
  71. 71. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018#WLEP18
  72. 72. #WorcsFuture CREATING OUR FUTURE WORKFORCE Judy Chadwick - Skills Lead, Worcestershire LEP Aimee Higgins – Director of Employer Engagement, The Careers & Enterprise Company Emma Stewart MBE - CEO & Co-Founder, Timewise Foundation Ben Mannion - Director, Hewett Recruitment WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018
  73. 73. All county business surveys raise skills as a challenge Skilled professionals are crucial to LEP programmes “A skilled workforce is the lifeblood of the economy” #WorcsFuture
  74. 74. “Ensuring education meets the needs of our businesses now and in the future” #WorcsFuture
  75. 75. The challenges: • Recruitment problems • Skills Shortages • Young people studying subjects not relevant to future • Brexit challenges posed • Need for STEM skills in particular #WorcsFuture
  76. 76. Achievements during 2018: • 1st area in England to achieve 100% engagement in CEC Programme • Launched Skills4Worcestershire • Over 20,000 young people attending apprenticeship events • Labour Market Information Guides launched • 1 of 20 Careers Hubs in England #WorcsFuture
  77. 77. #WorcsFuture CREATING OUR FUTURE WORKFORCE Judy Chadwick - Skills Lead, Worcestershire LEP Aimee Higgins – Director of Employer Engagement, The Careers & Enterprise Company Emma Stewart MBE - CEO & Co-Founder, Timewise Foundation Ben Mannion - Director, Hewett Recruitment WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018
  78. 78. Help Create our Future Workforce • Speak to the team in the Inspiring Worcestershire zone at today’s Conference • Let us know how you can help with our ‘Pledge Postcards’ • Email cec@worcestershire.gov.uk #WorcsFuture
  79. 79. Hear from the Worcestershire LEP, Fortis Living and Catshill Middle School about how the Worcestershire Careers Hub is working to create Worcestershire's Future Workforce – video link below https://youtu.be/STK8GnLumMY
  80. 80. WORCESTERSHIRE LEP ANNUAL CONFERENCE 2018#WLEP18

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