By Jessica Dooley, Chief Chemist - Business Chemistry leader, Deloitte UK & North West Europe
A friend and I were chatting last week. He’s a team leader of engineers. We were discussing what he thought he needed by way of people and skill sets to create the ‘right’ team for the day job tasks, to achieve team KPIs, and to create a collaborative and positive working environment. We discussed the merits and shortcomings of selection tests that he's used in the past, which I frequently failed throughout my early career of university placements and graduate programme applications. Unsurprisingly, I'm not a fan of these. So what should you consider when building a team?
UK groups, particularly acquisitive ones, are finding that they are now faced with complex, unwieldy group structures where the number of dormant or inactive entities in the group greatly exceeds those that are active. Therefore, we are increasingly seeing UK boards addressing corporate simplification as a priority. So why act now?
By James Young, Performance Analytics Lead at Deloitte
Even those who won’t be watching this weekend’s Tour de Yorkshire will know that there’s more to cycling than riding a bike. When it comes to competitive cycling, race strategies make or break the team. With just milliseconds separating the winners and losers, performance directors are under pressure to make split-second decisions in the heat of the moment.
Notwithstanding a degree of macro-market uncertainty, we are experiencing high levels of deal volumes at present. The 'wall of money', which has been documented elsewhere from well invested UK corporates, private equity and institutional fund sources, continues to chase investment opportunities.
The questions that I’m asked regularly whilst travelling around the UK and Europe tend to be directed towards Internet of Things (IoT) and Industry 4.0. These typically take the following form:- What does Industry 4.0 mean for us, what is IoT and how can my business benefit from it, how do I know I’m making the right choice and is my direction of travel going to give me a competitive edge?
In pole position to share insights from Deloitte’s collaboration with McLaren at The Grammar School at Leeds
It’s both a privilege and a pleasure to be invited to deliver the annual Mark Bailey lecture at The Grammar School at Leeds this month. The school established this annual public lecture to honour the achievements of its former headmaster Mark Bailey.
Joanna Lumley, Ray Winstone, Larry Lamb, Hugh Bonneville and Nick Knowles are just some of the well-known faces encouraging employers to hire ex-service personnel. They all feature in Veterans Work: The Films, premiered by Deloitte UK with the Officers’ Association which will be screened on Thursday 29 March at Newcastle International Film Festival, showcase the value of hiring veterans into UK plc.
Like many firms, across many industries, temporary labour providers have faced a number of challenges in recent months and for many innovation will be key to achieving ongoing success.
I was reflecting over the weekend on the Deloitte Next Generation CFO programme, which we hosted in our Leeds office recently. I am lucky to have been involved in this programme for the past five years. I have spent my entire career within professional services in the local market, therefore I can only begin to imagine what it’s like to work ‘in industry’ as we call it, but I sense from the participants that have been on the programme that being in industry is fast paced, highly varied and progress can lead to new challenges.
When returning from maternity leave, I felt there was more we could do as a firm to create opportunities for those, like myself, who wanted to enjoy a healthy work-life balance while maintaining a fulfilling and challenging career in audit. Deloitte are paving the way for agile working and has recently been recognised by the Financial Times, Mumsnet and Working Families UK for its continued work in this area.