Designing a Future Economy

Research from the Design Council on the role and value of design skills

The Design Council have published the executive summary for Designing a Future Economy – a report looking at the role and value of design skills to the UK economy. The research looks at the skills used in design, the link between these skills and productivity and innovation, and future demand for skills.

The results portray the high value of design to the UK economy – with design skills adding over £209 billion in GVA. The research also found that people using design skills are 47% more productive than the average UK worker.

However, the research also found evidence of an emerging skills gap. With a decline in the numbers of students choosing Design related subjects at school, the report also outlines some suggestions on what could be done to reverse the decline; ideas include incorporating design into STEM subjects and improving support for design skills within career-long learning.

The full research report will be available in January 2018, but for now, the executive summary can be accessed through the Design Council’s website: Designing a Future Economy

 

 

MSc International Innovation 2015

£16,000 bursary – 6 months working in China

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Applications are now open for October 2015 entry onto Lancaster University’s unique two-year MSc International Innovation. The MSc’s ground-breaking curriculum blends academic studies, UK and Chinese company projects and cultural experiences. Applicants can choose from five specialist pathways: computer science, design, engineering, entrepreneurship, environmental science. Bursaries of £16,000 plus a small number of scholarships are available.

Click here to find out more:

Jo Fairley, Entrepreneur and Creator of Green & Black’s

Come and listen to LUMS’ guest speaker TOMORROW..

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Date: 14 January 2015, 5.45 PM
Venue: Lecture Theatre 1, LUMS
Speaker: Jo Fairley, Entrepreneur
Organised by: The Lancaster MBA

Green & Black’s was started with just £20,000 of Jo’s savings, and has grown into a brand worth approaching £100 million worldwide in less than 20 years, showing Jo has an exceptional understanding of brand creation and development.

Despite its widespread global availability, Green & Black’s has retained its luxury cachet: it is the only food brand featured in the UK’s CoolBrands Top 20.

Since co-founding Green & Black’s chocolate in 1991, she has built the brand into the world’s leading organic chocolate, continuing to champion its worldwide success in co-operation with its new owners, Cadburys.

From its inception, Green & Black’s has also been an ethical brand and was the first brand to be awarded the UK Fairtrade Mark with Maya Gold  in 1994. Jo draws upon such ethical issues and shows how working for a company with a strong CSR programme can boost team spirit and dedication.

Timings

5.45pm  Registration, Hub breakout space

6.15pm  Talk commences, Lecture theatre 1

7.15pm  Networking and drinks, Hub breakout space

Please contact s.m.tasker@lancaster.ac.uk for any further information regarding this event

Economic Outlook: The Freelancancers’ Perspective

The growing UK economy, improved public finances and resurgent credit markets are all positive signs for freelancers – but risks to this recovery remain.

PCG’s Economic Policy Adviser, Georgios Nikolaidis, reports on the economic outlook from a freelancers’ perspective, looking at recently published statistics from GDP growth figures to the state of the labour market, credit market, investment, trade and public finances to find out how they may affect independent professionals.

On the findings, Georgios Nikolaidis, said:

“For freelancers, the macro-economic outlook should instil confidence and allow them to continue making their unique contribution to the UK economy. Rapid improvements in the labour market and prevailing skills shortages in sectors dominated by independent professionals could mean more contracts and better rates.

“It’s important to consider though that policy-makers should not be complacent – sluggish business investment, a worsening balance of trade and stagnating productivity growth should provide an agenda for policy-makers in the months to come.

“However, while these caveats are important and need to be addressed, overarching positive sentiment and rising business confidence should propel growth in the near future.”

Read the full report here
View the source article here