Category: Business

Cranfield HR expert warns peer-to-peer bonuses may have ‘unintended’ negative consequences

Responding to a report by the BBC’s ‘Wake up to Money’ on the practice, Dr Monica Franco-Santos, Reader in Organisational Governance at Cranfield School of Management and an expert in the design and implementation of executive compensation systems and other HR initiatives, argues that advocates of peer-to-peer bonuses make a number of assumptions about their effectiveness that can often prove to be unfounded in the long term.

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Employers asked to ‘Give an Hour’ to inspire young people

Give an Hour calls for small and medium sized businesses (SMEs) to offer an hour of their time to help young people be prepared for the fast-changing world of work.

The initiative by The Careers & Enterprise Company and part of SEMLEP’s #GrowingTalent campaign highlights that in as little as one hour organisations can help to transform a young person’s future by bringing to life career opportunities and providing insight about the skills young people need to be work-ready and successful in the workplace.

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SME businesses encouraged to take advantage of final stages of grant scheme

Businesses across the South East Midlands Local Enterprise Partnership (SEMLEP) region are being encouraged to take advantage of the final stages of a grant programme run by Cranfield University, in partnership with the University of Bedfordshire and part-funded by the European Regional Development Fund.

Under the IMAGE (Innovation in Manufacturing, Aerospace and Green Economy) programme, businesses in the region can apply for a grant of up to £8,750 to receive part-funding for a research and development project to be carried out with universities.

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Marston Vale Gallery the area’s new art gallery

Marston Vale Gallery

If you thought art galleries were only built from bricks and mortar, think again. Online art galleries are becoming increasingly popular, and in June, Marston Vale Gallery became the latest to offer its unique art to cyberspace art lovers.

Marston Vale Gallery was set up to expose more people to original art and to get ‘real’ art into people’s homes and workplaces.

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New bursary will open up management education to the third sector

A new bursary will open doors for employees working within charities and not-for-profit organisations to allow them to gain a world-class management education qualification.

Cranfield University and leading business and financial adviser Grant Thornton UK LLP have launched a Third Sector Bursary, aimed at enabling workers to more easily access Cranfield’s Executive MBA course.

From January, up to five £9,000 bursaries per cohort will be allocated to eligible applicants.

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Barclays and Cranfield University help entrepreneurs take flight with new aviation technology hub

Barclays will launch an ‘AvTech’ Eagle Lab at Cranfield University, a co-working space for ambitious entrepreneurs to scale and grow, drawing on the University’s aerospace heritage stretching over 70 years.

The Lab, located at the heart of the University campus, will feature facilities to support rapid prototyping, product development and specialised AvTech equipment.

The announcement marks the first step in the University’s broader initiative to support start-ups and SMEs in the aviation industry, and follows from the Barclays launch earlier this year of a new £370m investment fund for small businesses in the Midlands.

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