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

Most commented posts

  1. Looking To The Future: Redefining Work — 3 comments
  2. Energy is unlimited — 2 comments
  3. Future lives of leisure, not work? — 1 comment
  4. Regional commuter network needs development — 1 comment
  5. Economic impacts of automation — 1 comment

Author's posts

Rebuilding the Economy Around Good Jobs

A prescient article in the Harvard Business Review by Professor Zeynep Ton In countries hit by the Covid-19 pandemic, customer-facing service businesses don’t just face a tough two to three months; they face a tough two to three years. Because people will still be nervous about catching the disease until a vaccine is widely available, …

Continue reading

Will companies shift from China to India?

A tectonic shift in global business supply chains may be about to happen according to an article in the Harvard Business Review by Vijay Govindarajan and Gunjan Bagla   America’s (and other developed nations’) relationship with the two most populous countries in the world, China and India, is undergoing a stark, rapid and perhaps permanent transformation. …

Continue reading

A clear vision for the post-crisis future?

An HBR article by Mark W. Johnson and Josh Suskewicz follows – we called this approach ‘normative forecasting’ back in the good ol’ days   As the Covid-19 pandemic shakes the global economy and disrupts the way we live, work, and conduct business, leaders are scrambling to manage the immediate fallout. But, as history proves, …

Continue reading

The post-pandemic world?

An article by Hubert Joly in the HBR  (Harvard Business Review) raises some interesting thoughts on human needs that leaders should consider once we’re through this pandemic and past these ‘watershed times’   During the Covid-19 crisis, I’ve spoken with many CEOs who have said that a key priority for them, naturally, has been the …

Continue reading

How to make ‘remote work’ more productive

An interesting slant on the pandemic impact follows – published by FastCompany.com and written by behavioural scientist Kristen Berman It might seem like the glorious era of remote work is upon us, driven by a pandemic push. Zoom! Slack! Who needs the office? The promise of uncompromised productivity paired with freedom is alluring. While software …

Continue reading

Pandemic offers a productivity boost?

 An interesting article by Chris Dillow was recently published in the Investors’ Chronicle Has the coronavirus solved the UK’s problem of stagnant labour productivity?   It’s a strange question, but one posed by Office for Budget Responsibility (OBR) forecasts. It expects that in 2021 we’ll be producing 2.8 per cent more than we did in …

Continue reading

Coronavirus statistics: what can we trust?

The flurry of figures, graphs and projections surrounding the pandemic is confusing. An article in The Guardian by two experts, Sylvia Richardson and Professor David Spiegelhalter, guides us through the maze The past few weeks has seen an unstoppable epidemic … of statistics. The flood threatens to overwhelm us all, but what do all these numbers …

Continue reading

Coaching Your Team Through Uncertain Times

An interesting article all locked-down managers should read by Francesca Gino and Dan Cable, and published by the Harvard Business Review As they try to ride out the coronavirus pandemic, people are stressed and scared — nervous about others’ and their own health and the state of the world. For those lucky enough to be …

Continue reading

It’s output results, not input hours, that matter

A piece by Jared Lindzon of Fast Company follows – at long last, some in the outside world are now saying what this website has been banging on about for years – the pandemic has reinforced how foolish it is to compare input times with output volumes, especially when it comes to knowledge-based work. In …

Continue reading

Office productivity

OFFICES ARE ABOUT TO CAUSE PRODUCTIVITY TO EXPLODE So claims Mike Phillips in one of Bisnow.com’s featured series on the ‘Future of Work’ – it’s more realisation that the pandemic has given a massive kick-start to many business changes needed given the enabling technology has been around but not used well for many years now  …

Continue reading

A shorter work week?

Some interesting views from The Socialist, an Australian publication Microsoft recently granted its workers in Japan five Friday’s off in a row, resulting in a 40% productivity jump. Similar recent experiments have resulted in healthier, happier more efficient workers.  Around the world the idea of reducing working hours is a topic of debate and discussion …

Continue reading

Steve Jobs’ advice on becoming more productive Is quite brilliant

Inc.com published an article by Marcel Schwantes, founder and Chief Human Officer, Leadership From the Core Steve Jobs is most famous for founding Apple and turning it into one of the biggest and most valuable brands ever. One may think that Jobs juggled lots of massive projects at once to reach the pinnacle of success. But he actually credited much …

Continue reading

M/S says “Remote working is here for good”

An Inc.com report by Jason Aten follows – with only a few changes: If nothing else, in these past few weeks, we’ve learned that as a whole, people are quite resourceful when it comes to figuring out how to adapt and stay productive, even in extraordinary circumstances. You have to admit that it’s impressive how …

Continue reading

Will the Pandemic make us more productive?

The following thoughts, published by Bloomberg Opinion, are from Karl W. Smith, a former assistant professor of economics at the University of North Carolina and vice president for federal policy at the Tax Foundation. The Great Suppression will continue to cause enormous economic and personal hardship for scores of millions of Americans. It is possible, …

Continue reading

How to boost office productivity

The following article is by Constantine Von Hoffman, published by Computerworld and sponsored by Microsoft – it offers important advice for all office managers nowadays Upgrading to new applications and tools can do so much for a business. Up-to-date software can improve efficiencies and boost productivity, leading to both top-line and bottom-line gains. But getting …

Continue reading

The economic impact of CV-19?

An article in the Harvard Business Review by Philipp Carlsson-Szlezak, Martin Reeves and Paul Swartz follows – the bulk that I think I understood makes interesting reading – maybe the rest does too! As the coronavirus continues its march around the world, governments have turned to proven public health measures, such as social distancing, to physically disrupt …

Continue reading

CV-19 kick starts new mentalist era

CV-19 naturally dominates the news at present – it’s all ‘doom and gloom’ as we wonder if the damned invisible bug will ‘get us’ or not We’re told there are computer models (so they must be right?) being used by experts to determine their advice on what we all should do, the aim being to …

Continue reading

Covid -19 should make ‘working from home’ the norm

A flash of insight from New Zealand Go to any technology website right now, and you’ll see headlines about Google now holding job interviews on Hangouts. Or IBM stopping all domestic travel for meetings. Or Twitter encouraging all of its employees to work from home to prevent spreading the virus. David Court says working from …

Continue reading

A pandemic positive!

Hamza Mudassar, writing in ‘Entrepreneur’, believes the global Covid-19 pandemic currently raging  around the world ‘will shape businesses for decades to come’ Black swan events, such as economic recessions and pandemics, change the trajectory of governments, economies and businesses — altering the course of history. The Black Death in the 1300s broke the long-ingrained feudal …

Continue reading

Financial data can be ‘dangerously misleading’

This is a transcript of a second broadcast interview of UK economist Ed Smythe by the USA’s Real News Network GREGORY WILPERT: Welcome to the Real News Network. I’m Gregory Wilpert, joining you from Quito, Ecuador. The Bank of England has raised interest rates in the UK for the first time in a decade. The …

Continue reading

Important trends for SME productivity

All business managers want their teams to get more done in less time – this means there needs to be a focus on prioritising efficient workflows while remaining consistently effective. According to therealtimereport.com, there are some important business productivity trends that all business owners and their teams need to be aware of : 1. The …

Continue reading

Capitalism or Communism?

Communism has been defined as a system where: People work according to their ability and receive according to their needs All big decisions are made at the centre All data is processed at the centre   Capitalism, on the other hand, is an alternative where: People are free to buy/ sell/ invest in whatever they like …

Continue reading

Universal Credit conflicts

In a new report, presented to the House of Lords Economic Affairs Committee, researchers argue Universal Credit should focus on supporting people into decent and productive work where their skills and capabilities will be developed and used effectively. A ‘work first, then work more’ approach facilitated by Universal Credit, which is focused on placing conditions …

Continue reading

Following the wrong stars?

  “The lacklustre level of productivity growth in the UK, commonly measured as the level of output per hour worked, has been evident ever since the financial crisis in 2008/09 and has, as of yet, shown so signs of coming to an end” So claimed an article by Eleanor Stevenson, written for Ebury Partners UK …

Continue reading

Mavericks don’t fit straitjackets

Recall what the great Steve Jobs said: “Think differently” when giving reasons for the global success of Apple Then consider the spat between Finn Russell, the supremely talented Scotland fly-half and Gregor Townsend, the current Scotland rugby team manager and ex-fly-half, which was reported on in the Sunday Times by ex-England fly-half, Stuart Barnes Russell …

Continue reading

Piketty tackles inequality

Thomas Piketty, the French economist ‘rock star’, has just published a new tome – Capital and Ideology – a mere 1,100 pages of it David Smith reported in the Sunday Times that ‘it looks at inequality regimes over time’ Key points Piketty makes include: “Every human society must justify its inequalities” – but notes that the …

Continue reading

Inherited inequality

The following extracts were taken from an Audrey Pollnow review of ‘The Meritocracy Trap: How America’s Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite’ by Daniel Markovits Markovits, a professor of law at Yale, argues that a system that once promoted social mobility has created a self-perpetuating class of elites – …

Continue reading

Process productivity decided by humans

By Tommy Weir, for Gulf News and author of “Leadership Dubai Style” When it comes to boosting productivity, people immediately point to the need for process improvement, automation or outsourcing, whilst overlooking the most important factor of all – the human worker Indeed, many companies are happy to splash cash on technologies and strategies that …

Continue reading

BIF drains, not lines, national coffers

The following are extracts from ‘Divested’ by Ken-Hou Lin and Megan Tobias Neely They claim the BIF – Banking Insurance Finance – sector is draining, not lining, developed nations’ coffers For proof, they look to the USA’s experience Until the 1970s, the financial sector accounted for a mere 15% of all US corporate profits: Banks …

Continue reading

The puzzle to persist?

According to Valentina Romei, writing in the Financial Times, the last decade  saw living standards in the UK grow at their slowest rate since the second world war She says: “The jobs bonanza, and the economy’s performance as a whole, was undermined by weak productivity, which grew at its slowest level in 60 years” She …

Continue reading