The UK’s vote to leave the EU has generated fears that UK firms are moving investment abroad because of Brexit. For example, media reports have documented that both large UK companies such as Barclays, HSBC and EasyJet, and smaller companies such as Crust & Crumb, a Northern Irish pizza maker, have invested in the EU27 in response to Brexit.
Has […]
Business opportunities have become increasingly abundant, as prices continue to plummet for advanced technologies – from 3D printers, to electrical vehicle battery packs, and commercial drones – and essential digital services, such as the cloud and global bandwidth. While many companies are seeing these opportunities, most are unable to capture them fast enough.
There are two main reasons for this. […]
As the idea of a ‘job for life’ fades into the past, individuals are left with the prospect of having to transition between roles and employers more frequently. Unfortunately, these transitions can be complex, stressful and traumatic. Whether these work transitions are upward, sideward, within the same organisation or not, they typically entail not only practical change (building new […]
In the social sciences, since the 1980’s we have been using the word “gender” instead of sex. The use of the term “gender” is not only politically correct – it is more precise, acute and scientifically accurate. The use of the term first and foremost conveys the idea that differences are not natural, nor biological or physically located in […]
Machine learning is poised to pave the way for many exciting opportunities for businesses, but there are many hurdles to be crossed before getting to the finishing line. Many organisations are still struggling with legacy systems and are slow to invest in more advanced technologies. But the more pressing issue at hand, one that has been an ongoing problem […]
Stagnating real wages and falling labour shares across developed economies have stimulated a renewed interest in the question of how, and to what extent, rents are shared with labour. Nicholas Kaldor’s (1957) long-held stylised fact that the fraction of national income going to labour is fixed has been questioned, for instance, by Karabarbounis and Neiman (2014), who show that the global labour […]
The Color of Money: Black Banks and the Racial Wealth Gap. Mehrsa Baradaran. Harvard University Press. 2017.
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Mehrsa Baradaran’s The Color of Money studies the role of financial structures in the American racial wealth gap. Noting that 60% of black Americans — relative to 20% of white Americans — are either unbanked or underbanked, Baradaran describes how depictions that attribute […]
The departure of the European Medicines Agency from its home in Canary Wharf to Amsterdam may sound like an odd place to start a post about the impact of Brexit on London’s transport system. But it’s not as strange as you might think.
At the end of January, this EU agency – which has been based in London for over […]
In a previous article, I defined change as “the disturbance of repeating patterns”. And it is nigh on impossible to do this skilfully unless you can see, acknowledge and deeply respect the purpose that our cultural patterns and taken-for-granted routines serve. This requires going to source. The problem is, not many of us are able to cleanly see the causal […]
Our work at the Institute for the Future of Work (IFOW) has been focusing on two major forces of disruption that the UK economy is experiencing. The first, Brexit, will involve a sharp change in the structure of economic activity. Membership of the European Union has shaped the British model of capitalism and the structure, and operation, of core industrial […]
On February 1st, the EU-Japan Economic Partnership Agreement (EPA) entered into force. Rightly described as a ‘mega-deal’, since it covers 27.8 per cent of the world economy and more than a third of global world trade, the event still received relatively little attention. Yet the deal truly matters both economically and politically, especially at a time when most headlines […]
Advancements in civil rights for lesbian, gay, and bisexual individuals in Europe (as well as the Americas and Australia) have been among the most striking social changes in recent decades. As recently as 2000, same-sex marriage was illegal throughout Europe. At present, same-sex couples can legally marry in 17 European countries while same-sex registered domestic partnerships or civil unions […]
The Data Gaze: Capitalism, Power and Perception. David Beer. SAGE. 2018.
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It can by now be taken as a given that ‘data’ or, more precisely, ‘big data’ (often even capitalised to reflect its importance), has come to define today’s society. In fact, as David Beer suggests in this book, we are permanently put under ‘the data gaze’ […]
It is now over ten years since the collapse of Lehman Brothers paved the way for the biggest, most global, and most significant financial crisis in living memory. It brought the global capitalist economy to its knees, it shook belief and faith in the capitalist system itself, and raised serious doubts about neoliberalism.
The hope that the crisis would give […]
Perusal of the business news on any given day reveals corporate behaviour unbecoming a civil member of society. Whole Foods Market’s CEO John Mackey used an alias on Yahoo Finance’s bulletin board for seven years to post comments that maligned rival Wild Oats Markets while boosting perceptions of his own firm. Both Uber and Lyft claim the other secretly […]
It is the year 2060, and global warming has turned Britain’s climate warm and sunny — rum rather than whiskey is now distilled in Scotland, using sugar cane grown in the Outer Hebrides. Realising that true British culture could not thrive without year-round cold drizzle and grey skies, in 2020 a farsighted government launched Brexit-Ultra, the plan to quit […]
The impact of the digital revolution is being felt across all industries. The advent of computerisation, online communications, algorithms and workflow software has certainly made its mark.
Leadership education tends to assume that all leaders are at the top of some pyramid structure with organisations that require vision, direction setting and motivation to achieve targets and goals. Digital technologies are fundamentally […]
Compared with the increasing participation of women in male-dominated occupations, the presence of men in female-dominated occupations remains low. While much scholarly attention has been devoted to explaining men’s reluctance to work in female-dominated fields, little is known about the occupational trajectories of men who beat a new path and enter female-dominated occupations. (See here and here for notable […]
We all depend in our social, business, financial, and political affairs, on a shared currency of trust. But we have somehow devalued this currency and breaches of public trust have recently grown to epidemic proportions. Donald Trump, the President of the United States, is perhaps the most worrying example of this, with unfounded statements and poorly researched policies the […]
The Finance Curse: How Global Finance is Making Us All Poorer. Nicholas Shaxson. Bodley Head. 2018.
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Worldwide, millions of people are overwhelmed by finance and its complexity. Simple things like getting a small loan or a mortgage, or even opening a savings account, can have terms and conditions that are complex and confusing, designed to exploit and […]
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