I’m not an economist. But I do know that economics doesn’t seem to be working as it should. We seem to spend far too much time talking about profits and growth, and not nearly enough talking about people and our planet.
The economic models of the past have failed to predict, to prevent or to respond to the financial crises that have shaken our society. And yet they are still taught in classrooms and lecture theatres across the world.
We need a new way of thinking about economics. And we need it now. Continue reading
It’s a sad fact of life that, as mere mortals, we’re distressingly unable to control the passage of time. We can try all the tricks in the book, but the seconds just keep ticking by. Yet while we can’t control time, we do have complete control over how we spend it. The key is to choose carefully what we do and how we do it. The key is to prioritise. Continue reading
With universities coming under growing pressure to justify how they use their resources, efficiency is back in the spotlight. But the focus will increasingly be on how well institutions meet the needs of their students, while accommodating growing cost pressures.
Our universities operate in a challenging environment. Expectations of funders and fee-paying students are rising. Competition from traditional and alternative providers is becoming more intense. And costs continue to increase. All of which mean that institutions need to do ever more with the resources at their disposal.
When it comes to improving efficiency, our universities have already made great strides. They have streamlined processes and eliminated waste. They have improved space utilisation and reduced energy consumption. They have shared services, pooled assets and co-located professional services staff. And they have become lean, mean procurement machines.
This is all great news, but it is no longer enough. Continue reading
Those of you who know me personally will be aware that I’m a bit of a runner. Now, I’d be the first to admit that I’m not a very good runner. And I’m certainly not a very fast runner. But I do like to lace up my trainers and get outside for a trundle through the countryside. Running is a part of my life. And it has taught me a great deal. Not just about running, but about life as well. Continue reading
“We are what we repeatedly do,” said Aristotle. And I for one am not going to argue with him. Not just because he’s, well, Aristotle. But because he’s absolutely right. We can have all the hopes and aspirations that we want. But if we don’t do something tangible to achieve them, our dreams are destined to remain just that. Continue reading