I normally stick to the world of procurement and programme management, but today I have decided to make some comments on John Cridland's (head of the CBI), recent comments, reported in today's Times. In summary the CBI are making suggestions for the next budget. They are worried about a potential cost to the UK of the backlash against bonuses and restricted immigration. Cridland argues that leading executives will find the UK unattractive and, in the same breath, overseas academics will not believe they are welcomed. To quote directly, "If you don't reward success, business can't walk the walk".Yes, a strange brew of big bonuses and academic motivation!
It would have been interesting if Cridland had also read the Sunday Times feature on Elsevier - a remarkably high performing business baswed on academic publishing. Elsevier, sells expensive academic journals (including one of my favourites, the Journal of Purchasing and Supply Management) and makes significant profits. Elsevier's supply chain are the host of academics who write papers and peer review others' work. What most of my readers probably don't appreciate is that Elsevier do not make any payment to either authors or reviewers. There are parallels with the government's Work Programme - if you want to success, consider it an honour to be unpaid.
What I can't understand is Cridland's disconnect. The UK need high performing academics and business reaps the benefits from their labour. Even those gaining high-performance bonuses are more often than not