GTI Breakfast News 30 June 'Is creativity dead yet?'

SPONSORED BY IN ASSOCIATION WITHAN EVENT FROM

“Is creativity dead yet?”

The Anthologist30 June


Simon RogersDirector, GTI

WELCOME



09.03.16 28.04.16 30.06.16 15.09.16 24.11.16

IDEAS WORTHKNOWING

#BNEWS16

2016 dates


#BNews16

We want to hear from you via twitter


Today’s agenda: “Is creativity dead yet?”

Welcome & trendence UK research updateSimon Rogers, Director, GTI The Economic UpdateDeclan Curry, Broadcaster, Business & Economics journalistDefining culture through creativityBob Athwal, Director of Student Experience, University of Leicester#notboringDan Gregory, Creative Director, Havas PeopleUKTV: the creative leaderWayne Garvie, Chief Creative Officer, Sony International Production







…60 secondupdate





Declan CurryBroadcaster, Business & Economics Journalist

THE ECONOMIC REVIEW


BREXIT AFTERMATH

GARDEZ LE CALMEET

CONTINUEZ


BREXIT AFTERMATH• Single market – in or out ?

- accept workers’ freedom of migration?• Business Investment • Consumer Confidence • The City – access to markets, job cuts?• Exports to rest of the world


BREXIT AFTERMATH

A temporary dip in the economy ?

….. or permanently poorer?

…. or a new Elizabethan age of free trade?


JOBS MARKET• Employment: 31.59m

(Feb-Apr ‘16).. up 461,000 on previous year

• Unemployment: 1.67m (Feb-Apr ‘16)

… down 148,000 on previous year• Youth un’ployment: 621,000 (Feb-Apr 16)

… rate 13.6%, down from 16.0% last yr


YOUTH ACTIVITYNot in education, employment or training:• 865,000 16-24 year olds (Jan-Mar 2016)

… 12% of all young people in UK… down 68,000 from previous year

• WORST in England: North East (16%)• BEST in England: South East (9%)


WAGESStill rising faster than prices … • Average earnings: +2.0% (3mth Apr

y/y)• Private sector: +2.1% (3mth Feb

y/y)• Public sector: +1.7% (3mth Feb

y/y)… rising after years of freeze

• Construction: +8.4% (3mth Mar y/y)


INFLATIONNot-very-rising prices …• CPI: +0.3%

May ‘16same inflation rate as April ’16

RISING PRICES: transport, restaurantsFALLING PRICES: food, clothing, toys


EURO INFLATIONPrices FALLING in many European nations

… hurts savings, consumer spending• Euro Union inflation: -0.1% May ‘16• German inflation: 0.0% May

‘1616 of 28 EU nations have negative inflation

… including Italy, Spain, Poland, Romania


ECONOMIC GROWTHSlowing down, even before Brexit … • GDP:

+0.4% Q1 2016was:

+0.6% Q4 2015Increased 13 qtrs in a rowUK GDP 7% bigger than before

crashWATCH: business investment before EU ref


GLOBAL GROWTHAnnual change, Q1 2016• UK: +2.0% • USA:

+1.9% (will overtake)• Germany: +1.6%

(v.strong Q1)• Eurozone: +1.5%

(Lazarus !)• Japan: 0.0%


PRODUCTIVITYStalled again …. • Q1 2016: unchanged

y/y• FY 2015: +0.9% y/y• FY 2014: +0.1% y/y … had been growing 2% y/y before crash … UK second-worst in G7


TRADE• Exports: £512 bn

2015• Imports: £548

bn 2015• TRADE GAP: £ 36 bn 2015Europe remains our largest trading bloc … … exports boost needed in China, Asia, Americas to mitigate any Brexit decline.


MANUFACTURINGFactories producing less than a year ago• M. Output Index: +0.1% monthly

Marbut: -

1.9% annually MarBut more manufacturers expect output rise• CBI Indust Trends: +23 pts (Jun ‘16)

was: +20 pts (May ‘16)


CONFIDENCEConfidence fragile in service industry• Markit PMI index: 53.5 pts (May

‘16)was

52.3 pts (Apr ‘16)Consumers remain slightly anxious … • GfK/NOP index: -1 pt (May

‘16)was: -2

pts (Apr ‘16)


HOUSING MARKET Dips after March rush to avoid stamp duty • House prices (ONS): +0.7 monthly Apr

‘16• Mortgage approvals: 66,250 Apr ‘16

down 5.8% monthly, down 2.2% annually• House building: 35,530

starts Q1down 3% quarterly, down 9% annually


PERSONAL DEBTWe owe 143% of our disposable income … peaked during crash at 169% - Q1 2008*What happens when interest rates rise?*Insolvencies Eng&Wales: 20,383 Q1 2016

up from Q4 2015; down 2.2% yearlyInsolvencies Scotland: 2,232, -13% y/y


GOVERNMENT DEBTDeficit falling, but not as fast as predicted• New borrowing: £75 bn

2015/1618% less than previous year ……still higher than before credit

crunch• Accumulated debt : £1,607 bn May 2016

83.7% of GDP; highest % since 1968


INTEREST RATESUp in USA, UK frozen, negative in Eurozone• Federal Reserve (USA):

Key rate btwn 0.25-0.5%; 1st rise in 9 yrs• European Central Bank:

Consumers 0%; banks -0.40% since Mar• Bank of England: 0.5% since Mar 2009


THE POUNDDown 5.2% against major currencies in yr• £1 =

$1.45 (May ‘16)… down 6.2% over a year

• £1 = €1.28 (May ‘16)

… down 7.5% over a yearNB: BEFORE referendum night hysteria


FINANCIAL MARKETS(as of 24 June; source: FT)

• FTSE-100: 6,138all-time high in May 2015; down

14%• Brent Crude oil: $50.70 /bbl

fell below $30 /bbl in Jan 2016• Gold:

$1,262.20 /ozwas at 6-year low in Dec 15;

revived


Bob AthwalDirector of Student Experience, University of Leicester

DEFINING CULTURE THROUGH CREATIVITY


Culture Eats Strategy For Breakfast


My Challenge to You!


Question?

What influences 8 out of 10 Millennials when choosing where to work?



Innovation

See themselves as innovativeSee their employer as innovative

50%62%


Blue Ocean Strategy


© The Smarty Train, 2016. All rights reserved.


© The Smarty Train, 2016. All rights reserved.



Latest Performance – employment of leavers

93.8% in work and/or further study (↑ 0.6pp)


Are you a Leader or a Follower?


Dilly Ding Dilly Dong!


Thanks• Never Stop Dreaming!• “Claudio Ranieri”• Get Creative & Start a Movement


Join the Conversation Blog: https://lnkd.in/eCQ5JUs Twitter: @BobAthwal

https://lnkd.in/eCQ5JUs

https://lnkd.in/eCQ5JUs


Dan GregoryCreative Director, Havas People

#NOTBORING





It’s obvious but it’s not easy




Meet your competitors





1



2



3


Be brave


Tell the same story in a better way


4



5



6



7


8





@ Havas People






Get involved


Be memorable


Enjoy it


Start today

Dan Gregory. Creative Director. Havas People. [email protected]


Wayne GarvieChief Creative Officer, Sony International ProductionUKTV: THE CREATIVE LEADER




































NEXT EVENT15.09.16

IDEAS WORTHKNOWING

#BNEWS16

GTI Breakfast News 30 June 'Is creativity dead yet?'

Marketing