The Government has released new statistics that demonstrate the increasing importance of the creative sectors to the UK economy, although concerns remain about the UK’s creative skills base. The figures reveal that the overall turnover of creative businesses increased by just under 10 percent in 2012 and employment increased by 8.6 percent over the same period, more than any other sector. The creative industries are now worth more than £70 billion a year and employ 1.68 million people. While employment in the UK as a whole grew by 0.7 percent over the whole economy, jobs growth in the creative sector was 8.6 percent. There was also growth in export sales, up over 16 percent between 2009-11 and worth £15.5bn in 2011.

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The number one priority of business leaders worldwide this year is how best to develop, engage, manage, and retain existing talent. This worker-centric approach means that employee engagement and better management will take centre stage as the way to improve competitiveness, win new customers and raise productivity. According to new research from The Conference Board and UK partner CMI (Chartered Management Institute), CEOs will concentrate on creating a strong internal talent pipeline rather than seeking to recruit externally, with nine out of the top 10 global Human Capital strategies focused on current employees, including providing training and development, raising employee engagement and increasing efforts to retain critical talent. Other closely linked priorities identified in the CEO Challenge 2014 are customer relationships, innovation, operational excellence, and corporate brand and reputation. (more…)

Amidst the plethora of fitness and diet advice which greets the New Year comes discussions on the value of employee wellness programmes in reducing absenteeism and improving staff productivity.  A solid link between the two is still to be proved and now a major new piece of US research charting the effects of a seven-year programme on thousands of employees has found that while support for staff with chronic conditions was beneficial, there was no evidence that the fitness and lifestyle component made any difference. This will do little to stem the enthusiasm for wellbeing programmes however, as consultants Towers Watson reports there will be a rise in the uptake of employee wellness programmes over the coming year. (more…)

One of the most over used phrases of last year has got to be ’employee engagement’, with a mountain of research, blogs and features devoted to ways employers could and should enhance their relationship with employees. But those managers who question the validity of the arguments for addressing employee engagement should consider this; admittedly yet another survey, but one published by the respected Institute of Leadership & Management. According to its study of more than 1,000 workers, almost one in five (19%) of UK workers plan to leave their jobs this year. The reason? Almost one fifth (16%) of the people aiming to leave their job said they were moving on because they do not feel valued by their current organisation. (more…)

The image of the cosy Personnel Manager, part mentor part counsellor, has little in common with the reality of the modern Human Resources professional, steering the organisation through the upheavals of a prolonged recession and engaged in strategic thinking, such as big data. In many ways the professionalisation of HR, which (unlike FM) has achieved Chartered Status, is an encouraging sign that organisations understand the importance of their most important assets – the people. However, the rise of the HR professional has also created barriers between them and line managers. A lack of openness and slow response to queries from HR is driving line managers to Google the answers rather than wait for their increasingly preoccupied HR colleagues to respond. (more…)