Sarah Willingham visits Staffordshire Business School

As a lecturer, nothing gives you more pleasure than to see your students shine. On Monday 19th March I could not have been prouder of our students, as we welcomed honorary doctor of Staffordshire University, Sarah Willingham to the Business School, as one of the judges of our Willingham’s Winners competition. Sarah has a string of accolades for her contributions to business and in 2016 was named one of the Sunday Times 500 most influential people in Britain. She is probably best known for her appearance on Dragon’s Den, but there is nothing dragon-like about her – a “Stokie” born and bred, Sarah is down-to-earth, full of good advice and a business role model for students.

Six teams were shortlisted to present their business ideas in the finals, pitching to a panel of four judges; Sarah Willingham, Ben Dyer from the Ryman National Enterprise Challenge, Mark Blackhurst CEO of DigitalNext and Professor Liz Boath from the School of Social Work, Allied and Public Health. The panel commended all students on the professionalism of their pitches, giving constructive feedback to support student development.

Following an enlightening conversation and Q&A session with Professor Rune By, Sarah announced the winners of the competition as Crafted. The winning team presented a business idea described by Sarah as “absolutely on trend”, with a flawless, professional pitch, offering a range of delicious cakes catering for the health and wellbeing needs of people with gluten intolerance.

It is not often that undergraduates have the opportunity to gain the advice of such an influential panel of judges and despite nerves, I’m proud to say that all the finalist teams represented Staffordshire Business School superbly – they most definitely did shine.

Angela Lawrence, Senior Lecturer
Staffordshire Business School

http://www.staffs.ac.uk/news/dragons-den-star-puts-business-students-through-their-paces-tcm4296104.jsp

Success in Accounting and Finance!

Rose Dawson, a level 6 student due to graduate, has been awarded the Association of Fraud Examiners (ACFE) Martin Grieves Memorial Scholarship. There is only one awarded each year. Rose got £9000 towards here final year and after graduating her first year is supported to gain the CPA qualification. She applied after a recommendation sent out from her award leader. Rose has also secured a job with Hawsons Chartered Accountants.
 

Dr Syed Zaidi, lecturer in Staffordshire Business School,  has had a paper submission to a three star journal and completed his VIVA
 

Dr Souad Moufty, lecturer in Staffordshire Business School,  is part of a successful ERASMUS project KA2 Strategic Partnerships funding. With a successful bid for work on Adoption of Sustainable Accounting Practices for Reporting. The project receives a share of € 293,650.00.

Our Masters students have secured some great jobs highlights include:

  • Andrew Holder – BurtonBeavan  (Accountancy Firm) Chartered Accountant training position
  • Anamaria Bobos – Burberry Financial Analyst
  • Precious Atienza – Coop Bank
  • Conor Howard – Bank of America, Merrill Lynch Investment

 Mark Wordley, lecturer in Staffordshire Business School, has had an article published in the Innovative Practice in Higher Education Journal. Mark has also been taken on as an external examiner for the University of Sussex 

 

The accounting department received Charter Institute of Public Finance and Accountancy (CIPFA) accreditation, resulting in 7 exemptions. This now makes the award triple accredited.

Karl McCormack, lecturer in Staffordshire Business School, has been awarded the Personal tutor of the year, proud to be staffs award 2017. He has also received the Commitment to excellence award at the Business, Leadership and Economics Pride awards. Karl had an article published in the Innovative Practice in Higher Education Journal. Karl also presented at the staff conference in September 2017.

The Accounting Accelerated award received 100% satisfaction and out of 27 metrics 20 of them were 100%. The three year degree has 92% satisfaction with 16 of the 27 metrics in the top 20 accounting courses and 10 in the top 10.

86% of the Accounting and Finance Accelerated students achieved a 2:1 or first.

Evaluating the potential of public policy to jointly promote firms’ exporting and innovation – new PhD for Ema Talam

Ema Talam - a new PhD student in the Business School

Ema Talam – a new PhD student in the Business School

Ema Talam has recently joined the Business School to start research for her PhD.  Her topic is “Evaluating the potential of public policy to jointly promote firms’ exporting and innovation”, supervised by Dr Mehtap Hisarciklilar-Riegler and Professor Geoff Pugh.

Ema completed her Bachelor’s degree in the field of management at the School of Economics and Business of University of Sarajevo (Bosnia and Herzegovina) and received the Golden Badge of the University of Sarajevo for her accomplishments.

Ema then completed her Master’s degree in Economics at the Faculty of Economics of the University of Ljubljana (Slovenia). Her Master’s thesis explored the link between (un)employment, income and ethnic tensions and was titled “The link between ethnic tensions and unemployment in multiethnic countries: The case of Bosnia and Herzegovina”.

At the beginning of 2018, Ema has received the Preseren Award of the Faculty of Economics of University of Ljubljana for her Master’s thesis. Ema has attended several other notable educational programmes, such as the International Summer School in Human Rights at University of Oslo (Norway) in 2014. So far, Ema has written and published two papers that covered two distinct topics: “Socialism and Marxian economics: An overview” and “The link between globalization and gender equality”.

Currently, Ema is surveying the literature. Generally exporting and innovation are treated as separate activities. Only a small portion of the literature recognises that the link between the two exists and explores the link between exporting and innovation (i.e. how exporting influences innovation and vice versa). Furthermore, public policies aimed at promoting exporting and innovation are directed towards just one of the activities. Numerous studies have evaluated the effects of such policies.

The research will examine the links between exporting and innovation. The research will explore how exporting and innovation affect firm performance, both when undertaken separately and jointly. Furthermore, it will analyse the impact of public policy support on exporting and innovation activities.

Finally, based on the all of the previously stated, the research will examine the implications of findings for policy and institutional design. The focus of this examination will be to explore whether programmes for firms aimed at supporting exporting and/or innovation activities should be designed and implemented jointly or separately.

Ema is on linkedin here

or email her on t028882h@student.staffs.ac.uk.

 

The Next War!

Environmental degradation has featured widely of late in the news channels.  

Following the scandal over auto-manufacturers ‘fixing’ of emission tests we have had widespread reporting on deterioration of air quality around our major cities associated with particulate concentrations associated with the large number of diesel powered vehicles we were all encouraged to purchase.  Although diesel vehicles have certainly taken the brunt of adverse publicity – resulting in a very significant drop in purchase of both new and second-hand diesel-powered vehicles we must take note that their petrol-powered cousins are no angels. They might not emit harmful particulates, but they are very capable of emitting a noxious cocktail of other harmful agents which accumulate in the atmosphere with potential for adverse impact to health.  Just this last week we have seen headlines posting the rise in incidence of lung cancer in non-smokers, overtaking other forms of the disease for the first time – where cigarette tobacco was always previously posted as a primary causal attribute.

More recently we have also been inundated with the threat of plastic contamination. We are advised that of the c.15bn tonnes produced, mostly used in such as disposable products and packaging that despite our attempts to reduce consumption of plastic bags and our increasing attempt to sort and therefore recycle – we in fact learn that very little, perhaps as little as 5% is actually recycled due to contamination.  Not all plastics are the same – there are over 50 different types.  Capacity to recycle is still wholly insufficient.  We still generate c.300 million tonnes/annum where most ends in land-fill and the oceans.  Plastic waste now appears to have infiltrated every corner of the planet from our beaches, where school children in the Scottish island are busily engaged in tidying up.  One pupil produced a crisp packet of a vintage not used for c.20 years!  We know the oceans have become increasingly contaminated with micro-size plastic fragments. They have infiltrated the food chain in which we place so much reliance as the world population increases.  The arctic region has now been highlighted as contaminated as has the deepest reaches of the oceans. 


Another consideration is that of shipping – a key facilitator of world-wide logistics and supply chain operations without which the global economy would slow or stall.  A vast quantity of waste products generated by the immense heavy oil powered engines in such vessels inevitably finds its way not to what often prove to be expensive collection and recycling facilities but inevitably into our oceans.  Slowly but surely the oceans around the world are showing signs of increased stress.

And so it goes on.  Intensive agricultural techniques & practice over many years has increasingly saturated soils with harmful nitrate compounds which then seep into the water table.  We even hear of the vast amount of debris floating in orbit around our planet which take centuries to degrade or at best plummet at some point back to earth.  

The challenge is inevitably complex and hence so are the potential solutions.  The relentless adoption of free market economic policy around the world is in direct conflict with efforts to protect and sustain our environment and planet.  New economies such as those of China & India seek to take their place at the top table and hence exacerbate the challenge.  In 2010 it was estimated that over 30bn tonnes of Co2 or greenhouse gas was added to the atmosphere.  By 2020 it is estimated that Co2 emissions since the start of the century will have surpassed those of the entire previous century and it is still increasing despite the rhetoric.  We have now reached Co2 emissions of c.40bn tonnes/annum.  In 2014 the IPCC (International Panel on Climate Change) stated that in order to reverse this trend our entire reliance on fossil fuels may need to cease by 2100 otherwise we could experience irreversible climate change such as sea-level rises of over 1m coupled with melting of the ice caps and ocean acidification affecting the food chain, crop failure affecting c.3 billion people, catastrophic extinction events and rising temperatures. The highest recorded temperature ever recorded was reported in Death Valley (appropriately named) – a staggering 57.6 degrees C on 10.07.13.  We are also witnessing a hitherto unprecedented increase in world population where having reached c. 1bn around 1800 – just over 200 years ago we have grown to a staggering 7.5bn today adding the last 1bn in just over 10 years.  We are on course for c.9-10bn by the middle of this century.

An EU survey conducted throughout member states recently was aimed at determining general awareness of what were perceived to be the top 10 global challenges.  The survey revealed that a significant proportion simply did not know or have a view.  What it did reveal however was that the top concerns were climate change, poverty and lack of food & water. 

Despite our knowledge, experience and advanced technology, evidence would suggest we have not advanced very far in addressing these challenges.   

The clock is ticking!  

 

 

 

 

 

 

Andy Hirst, Senior Lecturer
Staffordshire Business School
Staffordshire University

Time to fix the broken windows…and other sexist stories

On the 100th anniversary of the Representation of the People Act, which gave women in the UK the right to vote for the first time, many questioned why women’s rights haven’t progressed further over the last century. Women still earn less than men across the board and are the subject of sexual discrimination and widespread industry assault – so is the key to equality ensuring more women are employed at the top?

The Representation of the People Act added 8.5 million women to the electoral roll but only those over 30 who owned property or were graduates were included. The Act also gave the vote to 5.6 million more men after their voting age was lowered to 21, and the property qualification abolished resulting in the general election in December 1918 consulting an electorate three times the size of the one before it.

Yet progress for women has often felt painfully slow. When a 32-year-old, pregnant Harriet Harman was elected in 1982 there were still only 19 female MPs. The 2017 election was the first time more than 200 women were elected, 208 out of 650 seats.

Beyond the UK, there are female leaders dotted across the globe, and ‘dotted’ remains exactly what they are. There are currently only 28 female heads of state out of 146 world nations, most of which have never had a female leader. And while having a woman in charge doesn’t necessarily make a party’s policies more feminist, it sends a hugely important message to the next generation of women.

The issue of equal pay was brought to our attention by the media in October last year when it was revealed that men working for the BBC earn an average of 9.3% more than women. According to Director General Tony Hall this is more favourable than many organisations which average 18%.

What followed was a widespread campaign, promoting the fact that male presenters were willing to take a pay cut to bring them in line with their female colleagues.

In January, the boss of Luton-based airline EasyJet announced he is taking a pay cut to match the salary of his female predecessor. His salary of £740,000 will now be reduced to £706,000. Furthermore, it was recently revealed women’s hourly pay rates are 52% lower than the men at the airline.

Source: http://www.bbc.co.uk/news/business-42859853

In the latest research from The Chartered Management Institute more than four in five (85%) of women report that they have witnessed gender-discriminatory acts at work.

The Blueprint for Balance: time to fix the broken windows report, which surveyed 856 managers, found that the majority of organisations are still struggling to make a meaningful difference to achieving a gender-balanced workplace.

Worryingly, according to CMI’s new report, only 19% of junior and middle managers believe their senior leaders are committed to the target of gender balance in their organisations – this despite a recent study by management consultants McKinsey showing that the most gender-diverse businesses are 21% more likely to financially outperform their peers.

The new CMI research also found that, despite the introduction of new pay transparency reporting regulations in April 2017, only 8% of managers know the size of their organisation’s gender pay gap.

Furthermore, more than two in five surveyed claim that their organisation does not have a gender pay gap, even though the research found the average difference in pay between male and female managers to be 27%.

Yes, female leaders have worked hard to smash many a glass ceiling and indeed fix the broken windows, but there still appears to be a long way to go.  Here’s hoping the next 100 years address the balance.

Rachel Gowers
Business Leadership and Economics
Staffordshire University

Using Digital to Build Your CV

If you’re anything like me, you would have read enough tips on CV building to write your own novel. But what do we really learn? How do we know that the document we’ve just spent four hours putting together is even going to get a second look from our dream company? We don’t. But if we do know what tools are available to build a great CV, maybe we’d one step closer to the dream.

Example of Canva Free Resume Template

Gone are the days that a CV format consists of a black and white document with Times New Roman font and maybe the odd line of bold. Employers want to get a glimpse of you from the first few seconds. So, my first tip, do not be afraid to be yourself and make the use of digital tools that are available.

Firstly, ask yourself which industry you are trying to enter, this is key to choosing the type of design for your CV as it has to be relevant. If you’re looking to build something a little more interesting that gives you the freedom to show some of your personality through colour and images, try Canva, a free online design tool. This has a range of templates with suggestions of content and layout, but also allows you to amend any settings to your personal taste.

On the other hand, you may be looking for a professional CV with a moving edge. Video CV’s are increasingly common particularly in the creative and also sporting sectors due to the nature of the roles. Software such as Windows Movie Maker, Apple iMovie or something more sophisticated like Adobe Premier Pro are great for editing your own footage.

Credit: powtoon.com

Finally, and this is exciting, how about creating your own animated video of a day in the life of you? Powtoon is a free online tool that allows you to create a cartoon character and tell a story of your education, experiences and skills through video. Powtoon is YouTube certified and has recently become partnered with HubSpot, meaning it’s great not only for personal development but for work related projects too. It is a simple to use, flexible tool that allows you to create approachable content and particularly for a CV, include a visualisation of a persons skills and knowledge.

A CV doesn’t have to be a chore, take the opportunity that digital has given us to explore creative ways to present yourself as a professional.

Author: Kathryn Taylor, MSc Digital Marketing Management Student

Digital Marketing Assessor at Total People Ltd

Find out what over 1,000 employers want from graduates

On Wednesday 21 Feb the Chartered Management Institute (CMI) revealed the outcome of their research with employers about what makes a 21st Century leader, and it makes great reading.

The report highlights five abilities employers want in new managers:

  • Taking responsibility (60%)
  • People management skills (55%)
  • Honest & ethical (55%)
  • Problem solving & critical analysis (52%)
  • Collaboration & team-working (48%)

62% OF THE MANAGERS SURVEYED EXPECT NEW GRADUATE RECRUITS TO HAVE PROFESSIONAL MANAGEMENT SKILLS (CMI 2018)

This is great news for Staffordshire Business School that is launching all new courses for 2018. The focus is moving away from knowledge towards skills; skills that are learnt from industry experts, developed in the classroom and practiced through active learning. By the time you are ‘let-loose’ on work placements in your second year, you can feel confident in your abilities to be an effective manager.

The new modules can be found in all of our courses:
BA (Hons) Accounting and Finance
BA (Hons) Business Management
BA (Hons) Event Management
BA (Hons) Marketing Management

Look out for the new modules that you’ll be studying on all courses:

Professional Toolkit
You will learn how to create your own personal brand and develop the skills you need for successful study and prepare you for the jobs of the future. From giving you the digital skills you need to be the next generation of manager to developing your social media presence this module has everything you need to be an effective professional that everyone would want on their team.

Business Creation and Innovation
Entrepreneurship and innovation are the life blood of any business, whether a start-up or a well-established organisation. This module combines the practical requirements and theoretical constructs to inspire enterprising, entrepreneurial and innovative thinking, equipping you with the tools to develop and initiate a new business.

To find out more about our new courses visit us for an open day or if you’ve already applied (wise choice) come to our next offer holder day – you’ll be getting an invite soon.

Keep an eye out for the follow up article coming soon on the Business Blog and follow us on Facebook, Twitter, Instagram, YouTube.

Rachel Gowers MBA
Associate Dean

 

 

How to Set ‘SMART’ Digital Marketing Objectives

Setting an objective is listed as the first step to a powerful digital campaign by the Digital Marketing Institute. It sounds simple, you know what your marketing campaign goals are right? In reality, the process can challenging, and without proper consideration, businesses often end up with a campaign that lacks direction and doesn’t link together   HiveDigitalStrategy go as far as claiming that goal-setting is one of the most difficult tasks digital marketers must complete. Despite this difficulty, the benefits are significant and justify the effort require to define clear objectives that are the foundation of a successful campaign. I have listed some of these benefits below:-

 

 

Given the importance of objectives, it should become clear that to effectively analyse your strategy, your objectives should be effective, or ‘SMART’. by creating objectives using the framework, you are keeping up with many of the best businesses in the world, as they all are driven by focussed objectives. MindTools defines the individual letters of the ‘SMART’ acronym as; Specific, Measurable, Achievable, Realistic, and Time-bound. Below is a breakdown of the five letters involved.

At the forefront of business knowledge:

The ‘SMART’ framework is widely accepted to have been introduced in 1981, by George T. Duran. However, it is still at the very forefront of business knowledge, with the only development coming recently in the form of ‘SMARTER’ goals (The E and R stand for evaluated and revisited). The last two letters of this acronym are letters that usually come at the end of the campaign and so they are not actually necessary when first setting the objectives.

Now lets examine each letter of ‘SMART’ and how it can be used to create an objective.

Specific

To make your objective specific, you need to avoid ambiguous terms and ensure that there is an outcome that you desire from your digital marketing strategy. Your objective should answer the following question: What do I want to achieve?

Example: I want to increase traffic to my website.

By giving a specific outcome, you are able to centre your strategy around achieving your goal.

Measurable

To make your objective measurable you must be able to answer the following two questions:

  • How many/how much?
  • How will I know I have achieved my objective?

Example: I want to increase traffic to my website by 20%.

By giving a tangible number, you can determine when your goal is reached and track it along the way.

Achievable

Making your goal achievable means identifying the overarching method you will use to achieve your goal. Can you answer the following questions?

  • Is it possible to achieve my goal?
  • How will I achieve my goal?

Example: I want to increase traffic to my website by 20% using Search engine Optimisation (SEO).

By giving the method of SEO, you are ensuring that you have a path to follow, and can plan a strategy based around this.

Realistic

Determining whether your goal is realistic often involves a combination of research and estimation. You should answer the following questions.

  • What resources am I able to allocate to this plan?
  • Are the resources available enough to achieve this plan?

Example: I want to increase traffic to my website by 20% using Search Engine Optimisation (SEO), with an allocated budget of £2,500.

The number of resources you will need to allocate is highly individual and depends on a lot of variables such as your level of competition, market saturation, and your financial situation.

Time-bound

It isn’t enough to say you want a certain outcome. Give yourself a deadline. if your objective is to increase visits to your blogging site by 1000, then set a time-frame. Within a month, within a year?

Example: I want to increase traffic to my website by 20% using Search Engine Optimisation (SEO) within 6 months of campaign implementation, with an allocated budget of £2,500.

Using your SMART Objectives:

If your objective fits in with all five of criteria, then you have a ‘SMART’ objective and are ready to plan and implement a clear, defined digital marketing strategy, something that over half of businesses are failing to do. Get Ahead of them!

A REAL WORLD EXAMPLE:

TOMS, in the spirit of social entrepreneurship, launched a campaign that successfully implemented SMART objectives. ‘One day without shoes’ is a campaign that was launched by the company, with them encouraging the public to go barefoot for a day, and a donation of shoes being made by the organisation for each person that participates. Heres how their campaign followed the ‘SMART’ framework.

  • Specific – Persuade people to go barefoot for a day.
  • Measurable – Receive proof via Instagram of people participating.
  • Achievable – Post persuasive content (Stories) on social media.
  • Realistic – Ensuring they have the resources to manufacture and deliver the donated shoes.
  • Time-bound – Host the ‘One day without shoes’ on one day in May (May 10th in 2017) annually.

TOMS ‘One Day Without Shoes’ Campaign – Source: http://www.toms.co.uk/one-day-without-shoes

SMART objectives will have a positive effect on any digital marketing campaign. Why not have a go at creating your own examples and posting them below?

Thanks for reading!

Learn how to make your ‘SMART’ objectives ‘SMARTER’.

 


by Rory Tarplee

LinkedIn

MSc Digital Marketing Student (Full-time)

A New Year Tribute to Hard Workers

Dr. Jenny Gale
Senior Lecturer in Human Resource Management and Organizational Behaviour

Balancing work and family life can be hard.  In the run up to Christmas this is more pronounced. However, there is also the general concern that the workplace is becoming an increasingly pressurised environment as organisations struggle to remain competitive in uncertain economic and political conditions, including the uncertainties of Brexit.  The beginning of the New Year offers an opportunity to reflect on the cost of the increasing intensification of work, in other words having too much to do, in too little time, and sometimes with fewer staff and other resources.

Hard work is nothing new of course, and jobs today are cleaner and safer, while technological advances and the digital age have removed some of the arduous aspects of work.  However, employers also demand higher levels of commitment and loyalty from employees, even to the extent that they identify emotionally with business needs, embodying the organisational brand.  This too contributes to work intensification as it requires employees to give more of themselves, often going ‘the extra mile’.  Coupled with the pressure on organisations to continually ‘do more with less’, it is feasible to expect rising workloads and work pressure.  Left unchecked, these can contribute to human resource management issues such as sickness absence and/or ‘presenteeism’.  Presenteeism is the term used for when employees present for work, despite not being well enough, or when the workplace culture suggests that non-attendance, even when ill, may have negative implications for one’s career or job security.  Under such regimes, employees may contribute to their own work intensification as they seek to demonstrate commitment while also worrying about burdening colleagues with additional work.  However, ‘doing more with less’, while reflecting the harsh economic realities confronting private and public sector organisations, is not only bad for employees, it is not good for business or for service delivery.There is only so much that employees can do.  We are not machines, neither are we simply ‘human resources’. We are people and people can ‘break’ with adverse implications for health and the ability to meet expectations not only of managers and colleagues, but customers too.  As a customer, I have often felt the urgency and speed of being served by employees under pressure – telephone enquiries ending prematurely when they seemed anxious to move on to the next call; leaving queues in banks, department stores, and coffee shops (because I ran out of time more often than patience). Fleeting conversations with fellow customers have included utterances of ‘not enough staff’ and ‘they should open another till’ along with a degree of sympathy for employees trying to do too much at once.  Of course, under-staffing can be a consequence of recruitment and retention problems (the NHS being a clear example), rather than decisions designed specifically to reduce labour costs.

However, those employees who take the trouble to ‘go the extra mile’, though already busy, do so at a cost to themselves.  They need to intensify their own effort and this increases pressure on the rest of their working day.  It can mean extending their working hours and involve giving up precious time with their families or other important aspects of themselves that are nothing to do with work. Some employers pay high rewards for this but many do not.  To champion the hard work of those employees who are doing their best to help their customers, patients, and clients, I extend my thanks to them.  For employers, while there are no easy answers to the imperative to control costs, they should reflect on the consequences of work intensification both for their employees and their business.

To view our postgraduate courses such as Human Resource Management click here