“Creativity will increasingly be the defining human talent”
I have read a few articles recently on the importance of creativity for the future of the economy and workforce and how we need to design an education that fits future needs.
With increasing levels of mechanisation associated with advances in technology, a number of jobs are at risk of automation, even jobs such as coding will likely soon be quicker done by machines. As a result, greater emphasis is being placed on developing creativity within today’s children as this is something which machines won’t be able to do. So, whilst we should embrace and take advantage of the incredible capabilities of technology, we should also be working to strengthen our uniquely human qualities.
Two articles which discuss this topic in more depth include:
Ethical business is booming
The ethical goods market in the UK has quadrupled in size since 2000 and millennials appear more willing to pay for and choose brands doing social or environmental good. However, making money ethically is not always easy, many will not have profit at the forefront of their minds but as chief exec of Cafédirect John Steel explains, ‘financial sustainability is paramount.’ Other aspects such as recruiting the right people, who share the same values as the business are also vital.
The article is a very interesting read with a number of ethical business examples discussed, including the Big Issue, the Ethical Landlords Association and Brighton supermarket hiSbe. You can read the full article on The Guardian’s website.
“The regulatory elephant in the room”
The EU’s General Data Protection Regulation comes into effect on the 25 of May 2018. Before then you will need to make sure you have made any relevant changes within your business to ensure compliance. As Enterprise Nation state in their blog post, ‘no business, big or small, can afford to ignore it.’
The blog article also gives six fundamentals for achieving GDPR success. Take a read of the article to help you start getting to grips with what may be required. The Enterprise Team will also hopefully be running a workshop on the topic early next term.
A shift from paper-rounds to teens ‘building empires from their bedrooms’?
Generation Z (those born in the mid 1990s to early 2000s) are finding new ways to make substantial amounts of money from the comfort of their very own bedrooms. Reselling hyped merchandise from the likes of Supreme online, through platforms such as Depop and Ebay is making some teens up to several thousand pounds a month.
A number of entrepreneurial teens are using social media to gauge the popularity of limited edition products, to then purchase and resell them online.
The article on The Guardian’s website talks about this new trend and speaks to a few of the entrepreneurial teens making money from it.
Apple, Alphabet (Google), Facebook and Amazon – will their reign last forever?
Concern over the amount of power and information held by some of the world’s largest tech companies such as Apple, Alphabet (Google), Facebook and Amazon appears to be growing in today’s society.
Recent months have seen increasing interest and investment in a new emerging technology – ‘Blockchain,’ a version of the technology that brought us bitcoin. It is believed that Blockchain technology could be used to build similar platforms to those of the big tech companies however, in a more cooperative style – owned by all who participate or invest, avoiding the super-concentration of wealth and power into one company.
Blockchain experiments are now popping up all over the world, so who knows what the future holds…
Find out more by reading the full Newsweek article on their website.
Example of design focused innovation
Buying new clothes every few months for a growing child can be costly and resource consuming. This is why engineer Ryan Yasin, 24 has come up with new children’s clothing range, ‘Petit Pli.’ Petit Pli clothes are made from an inventive new material inspired by solar panels and satellites. The material grows along with the child – so one garment can be seven sizes in one!
Petit Pli was the result of over 500 prototypes and now Yasin’s efforts have been recognised through becoming the UK winner of the James Dyson Award! But he is not stopping there, him and the team are currently working towards trying to make a garment out of a single material, allowing for it to be recycled more easily!
Read more about Ryan Yasin and his innovative design on the Wired website.
Ventures aren’t always a success
It is of course not always good news for startups, even those which may have at one stage looked very promising and been valued highly. An article on the BBC’s technology pages takes a look at just a few of this year’s biggest failed technology startups including Juicero – a wi-fi connected juicing machine and YikYak anonymous messaging app.
It all just goes to show that no matter how well funded an idea may be, changing circumstances is our unpredictable environment can result in a turn for the worse.
Click here to read the article.
Wired-up roads are the future, mostly due to Tesla Motors, who triggered the interest in electric cars that this generation feels.
Nikola Tesla, a genius will be not only please but also excited as his enthusiasm towards electrical vehicles has triggerred the interest of many. The wireless transmission of power is the future and is now turning into a reality. From a electric cars mat when you were a child to wiring the most popular roads in Britain, electric cars are certainly on the uprise.
These electric cars are in more demand than ever due to their low local emissions, but they are also known for their expensive prices and not having a long enough driving range. So imagine if you could charge them without a plug in cable, or even while moving.
Technology is advancing at a faster rate than ever with electric tooth brushes and smart phones being charged by being placed on top of a pad. Thanks to this technology, some electric cars are able to be charged by parking on top of charging pads, so that advancement of wire-up roads are closer than ever before! Recent studies show these roads with wireless charging coils are not expensive as you think and that the biggest part of the cost is the construction work itself.
Read our official report here.
Kaizen Academy take 3rd place!
Big congratulations to Kaizen Academy for taking 3rd prize in The University Entrepreneurs Challenge at the third Educate North Awards, held at The Hilton Hall Hotel in Manchester at the end of April.
Ze Macedo represented the Kaizen team, pitching against 5 other companies at the final in front of four experienced judges. The results were then announced later that day at the awards ceremony attended by more than 250 academics, students and executives.
Well done to Ze and the rest of the Kaizen team!
You can read more about the awards and winners here.
Leggings & baubles = modern day artist canvases?
In a recent Guardian article, Louise Tickle explores the nature of innovative business collaborations between entrepreneurial artists and top galleries. From famous paintings being printed onto leggings to hand-painted Christmas baubles. The article discusses these examples and how they came about and explores the nature of such collaborations. It also identifies the common challenge experienced by the artists in making their products commercially viable when approached with such deals.
To read the full article on The Guardian website, click here.