Perspective Friday 31 January 2020 Tony Danker, CEO, Be the - - PowerPoint PPT Presentation

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Perspective Friday 31 January 2020 Tony Danker, CEO, Be the - - PowerPoint PPT Presentation

WIG Economic Growth & Prosperity Series Enhancing Productivity: A Cross-Sector Perspective Friday 31 January 2020 Tony Danker, CEO, Be the Business Ed Thurman, Managing Director, Head of Global Transaction Banking, Lloyds Banking


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WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Tony Danker, CEO, Be the Business Ed Thurman, Managing Director, Head of Global Transaction Banking, Lloyds Banking Group Nigel Whitehead, Director, External Affairs, BAE Systems Matt Carr, Director, Carrs Pasties For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Tony Danker, CEO, Be the Business

For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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Business Leadership for a Better Decade

3

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We know the challenge is at firm level: Britain has a bigger gap between the “best” and the “rest”

Distribution of businesses relative to the expected productivity for a firm of their size in their sub-sector 4 Productivity, difference from expected value as a proportion of peer group median

9 8 7 6 5 4 3 2 1

  • 220
  • 200
  • 180
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  • 140
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  • 80
  • 60
  • 40
  • 20

20 40 60 80 100 120 140 160 180 200 The UK has more highly productive businesses than France and Germany, but this has not spread through the economy The UK has a far greater share of relatively low productivity businesses than France and Germany Around 69% of UK employees work in below-median productivity firms compared to only 60% in Germany and 65% in France UK Germany France

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5

Productivity through People

A mini MBA programme for SME leaders 200 firms 4 Business Schools

Mentoring

Mentors from leading firms matched with SME owners 300 pairings underway 1,000 targeted in 2020

Local Networks

Regional improvement clusters sharing best practice Cornish Hospitality Buckinghamshire Hospitality North West family business

Benchmarking

Tool to benchmark your productivity and assess your management practices 2,500+ users

Engagement and Inspiration

National SME Focused Campaign Action-focused content lowering the barriers to change 5000+ SMEs

And we have shown how to overcome these challenges

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WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Ed Thurman, Managing Director, Head of Global Transaction Banking, Lloyds Banking Group

For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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SLIDE 8

WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Nigel Whitehead, Director, External Affairs, BAE Systems

For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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SLIDE 9

WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Matt Carr, Director, Carrs Pasties

For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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SLIDE 10

WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Tony Danker, CEO, Be the Business

For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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SLIDE 11

WIG ‘Economic Growth & Prosperity’ Series

Enhancing Productivity: A Cross-Sector Perspective

Friday 31 January 2020

Tony Danker, CEO, Be the Business Ed Thurman, Managing Director, Head of Global Transaction Banking, Lloyds Banking Group Nigel Whitehead, Director, External Affairs, BAE Systems Matt Carr, Director, Carrs Pasties For other WIG events & opportunities visit www.wig.co.uk Join the conversation @WIGuk | #WIGevents

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SLIDE 12

www.wig.co.uk @wiguk #WIGevents

Upcoming Events

Tuesday 4 February, Birmingham Industrial Strategy Council: Addressing regional productivity disparities

With speakers including Andy Haldane, Chief Economist, Bank of England

Wednesday 18 March, Newcastle The future of the Ageing 'grand challenge‘

With speakers from the National Innovation Centre for Ageing and UK Research and Innovation

Thursday 19 March Structural Inequalities: A cross-sector approach to tackling inequalities in the UK

With speakers from UCL, Korn Ferry, Pro Bono Economics and the London Borough of Barking and Dagenham

WIG Leadership Programmes Speak to one of the team for more details