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David Pitt-Watson
David Pitt-Watson is a Scottish business and social entrepreneur and author. He is a Fellow at Cambridge Judge Business School, and has been active in various initiatives to promote responsible investment including co-chairing the United Nations Environment Programme Finance Initiative, and leading the Royal Society of Arts Tomorrow's Investor Project. He is an independent non-executive at KPMG and an advisor to Aviva Investors, Sarasin & Partners LLP and Ownership Capital. Personal life Early life Born in 1956 in Aberdeen, Scotland Scotland (, ) is a Countries of the United Kingdom, country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a Anglo-Scottish border, border with England to the southeast ..., he is the son of Ian Pitt-Watson and Helen Pitt-Watson. He has two sisters, Margaret and Rosemary. His grandfather was James Pitt-Watson, Moderator of the General Assembly of the Church of Scotlan ...
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Cambridge Judge Business School
Cambridge Judge Business School is the business school of the University of Cambridge. The School is a provider of management education. It is named after Sir Paul Judge, a founding benefactor of the school. The School is considered to be particularly strong in entrepreneurship and innovation management, with its own accelerator and close ties with Cambridge Enterprise, the university's technology transfer office, as well as with the local high-tech cluster known as the Silicon Fen. The School is situated on the site of the Old Addenbrooke's Site on Trumpington Street, near the Fitzwilliam Museum. Administration and governance The School is a department of the university's School of Technology administrative group. History Founding and early years The School was established in 1990 as the Judge Institute for Management Studies. In 1991, donations from Sir Paul and Lady Judge, together with the Monument Trust, provided the funds for the construction of a building for th ...
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McKinsey & Company
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and largest of the " Big Three" management consultancies (MBB), the world's three largest strategy consulting firms by revenue. The firm mainly focuses on the finances and operations of their clients. Under the leadership of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—transformed corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced the business practice of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management. McKinsey has a notoriously competitive hiring process ...
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Co-operative Commission
The Co-operative Commission was an independent commission set up by Tony Blair at the request of leaders of the British co-operative movement. Its aim was to review the strategy and structures of the sector, with an aim to suggesting ways to develop and modernise the movement, and its members comprised "business leaders, politicians, trade unionists and co-operators" under the chairmanship of the General Secretary of the TUC. It was the second review of its kind in the entire history of the Co-operative Movement. The commission was announced on 24 February 2000, and published its findings in the document ''the co-operative advantage: Creating a successful family of Co-operative businesses'' in January 2001. Gaitskell Commission The first Co-operative Commission was the Independent Co-operative Commission set up in 1956, following a resolution by the 1955 Co-operative Congress of the Co-operative Union calling for a commission to prepare a report and recommendations "designed to ...
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Royal Society For The Encouragement Of Arts, Manufactures & Commerce
The Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA), also known as the Royal Society of Arts, is a London-based organisation committed to finding practical solutions to social challenges. The RSA acronym is used more frequently than the full legal name (The Royal Society for the Encouragement of Arts, Manufactures and Commerce). The RSA's mission expressed in the founding charter was to "embolden enterprise, enlarge science, refine art, improve our manufacturers and extend our commerce", but also of the need to alleviate poverty and secure full employment. On its website, the RSA characterises itself as "an enlightenment organisation committed to finding innovative practical solutions to today's social challenges". Notable past fellows (before 1914, members) include Charles Dickens, Benjamin Franklin, Stephen Hawking, Karl Marx, Adam Smith, Marie Curie, Nelson Mandela, David Attenborough, Judi Dench, William Hogarth, John Diefenbaker, and Tim Be ...
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Speakers' Corner
A Speakers' Corner is an area where open-air public speaking, debate, and discussion are allowed. The original and best known is in the northeast corner of Hyde Park in London, England. Historically there were a number of other areas designated as Speakers' Corners in other parks in London, such as Lincoln's Inn Fields, Finsbury Park, Clapham Common, Kennington Park, and Victoria Park. Areas for Speakers' Corners have been established in other countries and elsewhere in the UK. Hyde Park Speakers here may talk on any subject, as long as the police consider their speeches lawful, although this right is not restricted to Speakers' Corner only. Contrary to popular belief, there is no immunity from the law, nor are any subjects proscribed, but in practice the police intervene only when they receive a complaint. On some occasions in the past, they have intervened on grounds of profanity. Though Hyde Park Speakers' Corner is considered the paved area closest to Marble Arc ...
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Institute For Public Policy Research
The Institute for Public Policy Research (IPPR) is a progressive think tank based in London. It was founded in 1988 and is an independent registered charity. IPPR has offices in Newcastle upon Tyne, Manchester, and Edinburgh. Funding comes from trust and foundation grants, government support, and individual donors. The think tank aims to maintain the momentum of progressive thought in the United Kingdom through well-researched and clearly argued policy analysis, reports, and publications; as well as a high media profile. History The Institute for Public Policy Research was founded in 1988 by Lord Hollick and Lord Eatwell. The founding director was James Cornford and Tessa Blackstone was the first chair. According to academic Peter Ruben its primary aim was to provide theoretical analysis for modernisers in the UK Labour Party; offering alternatives to free market fundamentalism. In 1992 IPPR published the highly influential report of the Commission on Social Justice, laying ...
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Nesta (charity)
Nesta (formerly NESTA, National Endowment for Science, Technology and the Arts) is an innovation foundation based in the UK. The organisation acts through a combination of programmes, investment, policy and research, and the formation of partnerships to promote innovation across a broad range of sectors. Nesta was originally funded by a £250 million endowment from the UK National Lottery. The endowment is managed through a trust, and Nesta uses the interest from the trust to meet its charitable objects and to fund and support its projects. The charity is registered in England and Wales with charity no. 1144091 and in Scotland with no. SC042833. Nesta states its purpose is to bring bold ideas to life to change the world for good. History The old NESTA was set up in 1998 by an independent endowment in the United Kingdom established by an Act of Parliament, the National Lottery Act 1998. It had been a Labour Party manifesto promise. In 2002 it was awarded £95 million. ...
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The New Capitalists
The “New Capitalists” is a term used by Stephen Davis, Jon Lukomnik and David Pitt-Watson in a book of the same title. It describes the increasing ownership of companies by collective investment schemes representing millions of savers. The millions of savers are defined as the “New Capitalists.” They include individuals with retirement savings, life insurance and other direct and indirect equity investments. Currently they represent between one half and one third of the adult population of most developed countries, and own between 40% and 80% of the outstanding shares on the stock markets of the developed world. The Book The book describes how the existence of millions of beneficial owners changes the nature of company goals, and the meaning of shareholder value. Though companies may avoid the influence of these new owners, the book argues that a series of forces, collectively known as the civil economy are strengthening markedly the influence of the New Capitalists. ''The ...
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David Davis (British Politician)
David Michael Davis (born 23 December 1948) is a British politician who served as Shadow Home Secretary from 2003 to 2008 and Secretary of State for Exiting the European Union from 2016 to 2018. A member of the Conservative Party, he has served as the Member of Parliament (MP) for Haltemprice and Howden, formerly Boothferry, since 1987. Davis was sworn of the Privy Council in the 1997 New Year Honours, having previously been Minister of State for Europe from 1994 to 1997. He was brought up on the Aboyne Estate, a council estate in Tooting, South West London. After attending Bec Grammar School in Tooting he gained an MBA at the age of 25 and went into a career with Tate & Lyle. Having entered Parliament in 1987 at the age of 38 he was appointed Europe Minister by Prime Minister John Major in July 1994. He held that position until the 1997 general election. He was subsequently Chairman of the Conservative Party and Shadow Secretary of State for the Office of the Deputy Prime M ...
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Gordon Brown
James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony Blair's government from 1997 to 2007, and was a Member of Parliament (MP) from 1983 to 2015, first for Dunfermline East and later for Kirkcaldy and Cowdenbeath. He is the most recent Labour politician as well as the most recent Scottish politician to hold the office of prime minister. A doctoral graduate, Brown studied history at the University of Edinburgh, where he was elected Rector in 1972. He spent his early career working as both a lecturer at a further education college and a television journalist. Brown was elected to the House of Commons in 1983 as the MP for Dunfermline East, later becoming the MP for Kirkcaldy and Cowdenbeath in 2005. He joined the Shadow Cabinet in 1989 as Shadow Secretary of State for Trade, and was later ...
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Tony Blair
Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of the Opposition from 1994 to 1997, and had served in various shadow cabinet posts from 1987 to 1994. Blair was the Member of Parliament (MP) for Sedgefield from 1983 to 2007. He is the second longest serving prime minister in modern history after Margaret Thatcher, and is the longest serving Labour politician to have held the office. Blair attended the independent school Fettes College, and studied law at St John's College, Oxford, where he became a barrister. He became involved in Labour politics and was elected to the House of Commons in 1983 for the Sedgefield constituency in County Durham. As a backbencher, Blair supported moving the party to the political centre of British politics. He was appointed to Neil Kinnock's shadow cabin ...
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Shareholder Activist
An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial ( disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders. According to research firm ''Insightia,'' a total of 810 listed companies globally were publicly subjected to activist demands in 2020, down from 896 in 2019. Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigati ...
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