The answer to the wealth gap lies in the playground, so it’s time for kids to hear fairer tales October 2, 2018 By 2020, it is estimated that 66 per cent of the world’s wealth will be in the hands of women, according to figures from Boston Consulting. Yet, despite this impressive trend, there are still disparities between the way men and women are managing their money. For example, women’s use of investment advice falls behind that of [...]
Stop seeking refuge in moral indignation – listen to those who dare to disagree October 2, 2018 Support for those that challenge the status quo is rising. For the most recent example, just look at the increase in the share of the vote for the far-right, anti-immigration Sweden Democrats to 17.5 per cent in 2018 from 2.9 per cent in 2006, while that of the two main parties declined. This follows the [...]
CEOs should get out of the board room spend time on the shop floor October 2, 2018 In a recent study, nearly 80 per cent of consumers stated that the average brand doesn’t understand them. This hints at a worrying disconnect in business, particularly at a time when changing attitudes among consumers and workforces mean leaders should be connected to what is going on outside of their office door. The day-to-day demands [...]
Lower the barrier for women returning to work October 1, 2018 The recent surge in attention on flexible working has in turn placed a renewed emphasis on women’s careers, and the conflict that they may experience – a staggering 70 per cent of working women fear taking a career break. What can be done to combat this, and how should employers be approaching this key demographic? [...]
DEBATE: Is Elon Musk’s erratic behaviour just the price we need to pay for brilliant entrepreneurs? October 1, 2018 Is Elon Musk’s erratic behaviour just the price we need to pay for brilliant entrepreneurs? Kathy Gromotka, associate at Downing Ventures, says YES. We back entrepreneurs because we buy into their desire and ability to behave in a way that creates value, whether they’re a star in the spotlight or operating in stealth mode. Elon [...]
Responsible business isn’t a fad – it’s at the heart of how the City operates October 1, 2018 Being a responsible firm is now an essential part of everyday business for many companies, with this ethos engrained in the culture, purpose, and day-to-day activity, rather than as a separate initiative. This is a great step forward from the picture 10 years ago – and progress is continuing. Last week was a big week [...]
Startups: Would-be entrepreneurs put off by ‘complexity’ of starting own business October 1, 2018 Thousands of young people are being put off from setting up their own businesses, putting Britain's startup revolution at risk, a report has warned. The Great British Enterprise Opportunity report, by former Bank of England economist Steve Hughes, also called for digital education to be prioritised by the government to give people the necessary skills [...]
City Moves for 1 October 2018 – who’s switching jobs at Deloitte, Cambridge Economic Policy Associates and Bailey Montagu Executive Search? October 1, 2018 Today's City Moves cover advisory, consulting and executive search. Take a look at these movers and shakers: Deloitte Deloitte has appointed Chris Graves as a partner in its advisory corporate finance practice. Chris will lead the firm’s technology, media and telecoms (TMT) mergers and acquisitions (M&A) team. Chris joins Deloitte today from GP Bullhound, the [...]
The guardians of the art industry: How a former trader is giving old buildings a new lease of life September 28, 2018 Scott Franklin is like the popular kid at school. When the former City trader shows me around the renovated Victorian warehouse in Clerkenwell, everyone we pass seems pleased to see him – which strikes me as unusual for someone whose role resembles that of a landlord. Franklin, who is the founder of Property Guardian [...]
It’s time to throw young employees into the deep end September 28, 2018 It takes a village to raise a child – so goes a famous African proverb that describes the role of entire communities in nurturing a safe environment for a child to grow. To me, however, this is a maxim that should extend to a young person’s transition into adulthood, and how we continue to [...]