Dick Smythe was educated at Bolton School, graduated in pure mathematics and statistics at St Andrews University and then took a masters in Operations Research at Birmingham University • He became a Fellow of the Royal Statistical Society, Operational Research Society, Institute of Management Services and the Institute of Physical Distribution Management • His career started with a scholarship from Dorman Long Steel on Teesside, working shifts on blast furnaces and steel mills before graduating and, afterwards, in their OR department – he subsequently moved to London to join the world-famous BISRA OR department, then part of British Steel, and was involved in their corporate planning and cost reduction programmes • During these earlier years, he became an officer in the Royal Naval Reserve, serving on their coastal minesweepers, and a wing forward for Rosslyn Park RFC (n'th XV), playing mostly for their famed après-rugby • He was then recruited by Europe's leading consultancy of the day, PA Consulting Group, and went on to set up and grow their Productivity Services Division into a significant part of the business, becoming a PA director and sitting on their UK management consultancy board - whilst there, he led a joint study with the CBI into UK productivity, and presented the results on TV, radio and to the national press with Director General Sir John Banham - The Times leader commented: "It is refreshing to come across something that has its feet firmly planted on the ground" • Since then, he has mixed productivity consultancy work with playing the property and stock markets, skippering his own boat in the Fastnet and many other ocean yacht races and keeping his golf handicap down to single figures • He is happily married, has two sons and two grandchildren to date, and lives either by the Solent or at Marble Arch in London

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WFH results = Productivity Up, Innovation Down

Interesting findings about WFH (alone) follow from Wharton’s Management Professor Michael Parkes, reported in the Wharton Business Daily, and Mark Golan, a top Google executive – despite their lack of clarity on precise measures used, their good news  is (labour) productivity has not stalled due to CV19, counterbalanced by the bad news that innovation has …

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Knowledge workers are more productive from home

An interesting study has come up with the above headline finding – it was published in the Harvard Business Review and conducted by Professor Julian Birkinshaw  and Pawel Stach of London Business School, and Jordan Cohen of Lifelabs Learning – extracts follow For many years, we have sought to understand and measure the productivity of …

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Is the pandemic making us more productive?

A big-picture, easy-to-read article just in from the antipodes, published in the Australian ‘Financial Review’ and written by Nathan Sheets, chief economist and head of global macroeconomic research at PGIM Fixed Income – essentially, he agrees with our view that the pandemic, when eventually over, will be seen to have ushered in a sea-change in …

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Potential £145bn productivity boost for UK economy

An LLB – LondonLovesBusiness.com – finance reporter has just announced some good news – the potential for some very big and positive numbers concerning UK SME sectors which would do much to dispel the gloom currently darkening the lives of so many in the UK – if the report is anywhere near being right, one …

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The Key to solving the Productivity Puzzle

A very interesting approach has just been published in project-syndicate.org for solving the ‘Productivity Puzzle’ – it was written by Professor Diane Coyle, University of Cambridge who is also a member of the newly formed UK Productivity Institute Although the factors contributing to stagnant productivity are well known, economists and policymakers have so far paid …

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Debt may be cheap, but the UK’s poor productivity will cost us dear

Phillip Inman, writing in the Guardian, says “Thinktanks urging cuts in business taxes to rekindle the entrepreneurialism of the Thatcher decade seem to forget that many industries which once powered growth are now dying” The strangely easy agreement between economists of right and left that the chancellor should set aside concerns about Britain’s rising debt levels still holds …

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AI will unlock USD 15.7 trillion in global productivity by 2030

India is taking the potential for AI – Artificial Intelligence – to improve productivity very seriously indeed – their government is pushing hard to build on its existing IT strengths and become a world leader in AI – this will give a massive boost to its economy and standard of living whilst helping to solve …

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£300 million to boost UK manufacturing productivity by 30%

Businesses with creative ideas to boost the UK’s manufacturing capacities are set to receive £300 million of joint government and industry funding according to the Department for Business, Energy & Industrial Strategy, UK Research and Innovation and The Rt Hon Alok Sharma MP in the announcement below – on the plus side, any such investment has to …

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Why Software Won’t Eat The World

An interesting article from Greg Satell offered by Medium.com which supports the argument that technology, artificial intelligence and computers in general are NOT poised to take over our lives and run the world In 2011, technology pioneer Marc Andreessen declared that software is eating the world. “With lower start-up costs and a vastly expanded market …

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CV-19 provides a giant leap for creative destruction

As the world focuses on ‘track and testing’ whilst medics internationally race to prove their CV-19 vaccine/ treatment stops people dying or suffering badly, there are many positives emerging from this damned pandemic – especially given it probably won’t be the last one, and some in the future may even be man-made Creative destruction of …

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Long-term planning for remote work

Extracts about WFH follow from an article in the HBR (Harvard Business Review) by Mark Johnson and Josh Suskewicz Mark Zuckerberg recently shared his plans for the future of remote work at Facebook. By 2030, he promised, at least half of Facebook’s 50,000 employees would be working from home. “We are going to be the most …

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Ridding ourselves of the productivity fetish will help us combat climate change

The following article by Simon Mair was published in  The Conversation  – despite some non-academic language, he highlights some of the productivity issues now afflicting more developed economies. Simon is an ecological economist, trying to understand the current economy in order to build a better one. He is also a co-investigator on the ESRC funded …

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The ‘Circular Economy’ to boost national productivity

When talking about productivity, most focus on labour productivity and seemingly ignore how well other costly input resources are used – hence the following article by Rémy Le Moigne, MD of Gate C, and published by Greenbiz, is most welcome During the COVID-19 pandemic, many hospitals faced a major shortage of personal protective equipment, ventilators and …

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Academics to boost productivity growth and level-up living standards

Here we go again – our leaders announce the supreme importance of productivity growth to the improvement and levelling up of UK living standards – then they have to be seen to be ‘doing something’ – so three years ago they set up a PLG (Productivity Leadership Group), but that has had no notable success …

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COVID brings productivity into sharp focus

An article follows which was published by the ICAEW – Institute of Chartered Accountants in England and Wales – it helps explain what the strangely named ‘Be the Business’ organisation is actually doing to improve UK SME productivity levels – after three years of trying, maybe COVID can explain their lack of any quantified success …

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How much does bad management really cost the UK?

By Kristy Dorsey, Business Correspondent, writing in The Herald, has spotted that middle management inadequacies explain much of the ‘productivity puzzle’ before CV-19 struck, and most of them remain in their jobs Would you hire a solicitor who had never been to law school, or take your car to a mechanic who had no automotive training? How about …

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The Occam’s Razor Of Productivity

Good practical sense from Professor Jim Woods in stockinvestor.com for all busy executives out there – and stock investors too Want to achieve more in life? Of course, you do. Yet for most of us, the idea of achieving more comes with the corollary notion that we are going to have to do a lot …

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Are You Leading Through the Crisis … or Managing the Response?

A thoughtful article in the Harvard Business Review by Eric McNulty and Leonard Marcus which our current leaders might do well to note The coronavirus crisis, like every crisis, is unfolding over an arc of time with a beginning, middle, and end. It is useful to think what distinguishes what was, is, and will be. There was a past of …

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Are office clusters as crucial to productivity as they once were?

More grist for the pandemic mill from Paul Ormerod writing for cityam.com   The Prime Minister is now demanding that offices reopen to revive economic activity in the centres of towns and cities. But there is not yet much sign of a return to work. The preferences of the workforce are an important factor in …

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How Fed Policy Is Wrecking the Economy

The following insightful article was posted by James A. Bacon of baconsrebellion.com – it makes one wonder about the quality of thinking of those on national bridges steering all economies, not just the USA’s Of all known government interventions in the U.S. economy, the most insidious and dangerous is regulation of the price of money (interest …

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How to reverse the productivity slowdown

Thought-provoking views follow from Alistair Dieppe,  Lead Economist in the Development Prospects Group at the World Bank – he considers how global economies got to their current low point, and then ventures some broad solutions, but one has to question who will act on them and be able to make the big quantifiable productivity improvements …

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How a Fully Distributed Company Keeps Its Team Engaged

A useful article follows  from Inc. by Matt Haber, their San Francisco Bureau chief If you’ve had to adapt to working from home in the last few months, you could learn a few things from Matt Mullenweg – the co-founder of website-building platform WordPress (as used by this website) and Automattic, the parent company Mullenweg lives in …

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Next CBI boss finds ray of hope in coronavirus crisis

A dash of optimism from NEIL CRAVEN for the MAIL ON SUNDAY – however, given the track record of the CBI and ‘Be the Business’ summarised below and their evident failure to date to improve UK productivity, we note the lack of practical support and ideas for UK managers in the following piece- but nevertheless …

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Can COVID-19 solve the UK productivity puzzle?

A thought-provoking article in Raconteur by Nick Easen The coronavirus-induced shutdown has caused a revolution in how we work. Overnight bricks-and-mortar stores shuttered, while agile businesses shifted online to survive. Countless collaborative tools, from Zoom to Microsoft Teams, meant remote workers have to show real output to justify their jobs, rather than just turn up to …

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Tolerance is good for all

Given the current demonstration marches ongoing worldwide following the shocking killing of George Floyd, there are many issues being raised to be faced by all – and, in particular, as far as this website is concerned, by many people at work regarding how they treat each other there: The overall mantra should be ‘ALL lives …

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Dramatically improve customer service so as to cut costs

I have no connection with John Seddon and his Vanguard consultancy company – indeed, many moons ago, I worked for one of the ‘big consultancies’ that he criticises so much in his books and the following podcast – nevertheless, I have long since thought he peddles powerful ‘productivity improvement advice’ which produces astonishing results, in …

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Why working from home is bad for productivity

An interesting article in the Sydney Morning Herald by James Adonis, somewhat contradicting what many managers are starting to believe I don’t know about you but I can barely wait for this working-from-home period to end. The compulsive walking to and from the fridge, the procrastination as I stare out my window, the commandeering of …

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CBI a closed-shop for McKinsey alumni?

The CBI (Confederation of British Industry) claims to be the UK’s largest employers’ group, although the IoD (Institute of Directors) might dispute this claim – they assume to be the mouthpiece for British management, forever putting their views for change to the UK government They have just announced that Tony Danker – apparently ‘a business …

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5 Questions About China That Boards Should Be Asking Right Now

Another thought-provoking  HBR article follows, this time by William J. Holstein and Roger M. Kenny  U.S.-China relations have not been so tense since before President Jimmy Carter and Chinese leader Deng Xiaoping agreed to exchange ambassadors in 1979. Attitudes have hardened especially in the last two months, in part because of the Covid-19 pandemic, and in …

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Chinese Companies’ Response to Covid-19

A very interesting article just published in the HBR by Das Narayandas, Vinay Hebbar and Liangliang Li – it offers many  lessons for western companies, big and small   The past four months have provided an opportunity to study a once-in-a-lifetime moment — how companies function during an unprecedented global pandemic while also navigating an …

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