Bright Futures LBG, the innovative charitable institution that aims to change the way we think about lifetime education, will be exploring the theme of longevity and the management of human capital when it hosts its annual dinner on Friday 28 June, at St Pierre Park.
The event, which will mark the charity’s first anniversary, is entitled “Longevity; The Greatest Gift or a Multi-Generational Curse” and will put longevity, succession planning and wealth management on the agenda in relation to the challenges businesses, individuals and policy makers face in dealing with a ‘demographic timebomb’.
Renowned economist Professor Andrew Scott will be the guest speaker on the evening and will share his well-researched insights on longevity. Currently Professor of Economics at London Business School, Andrew previously held positions at Harvard, London School of Economics and Oxford. He has also published widely in leading international academic journals and his book, “The Hundred Year Life”, is an international bestseller having been published in 14 languages and received several awards.
Andrew has also advised a range of governments, including serving as Non-Executive Director for the UK’s Financial Services Authority. He is currently on the advisory board of the UK’s Office for Budget Responsibility; a member of the Cabinet Office Honours Committee, Science and Technology; and co-founder of The Longevity Forum.
The evening will highlight that a change in attitude, legislation and working practices are key factors in harnessing the benefit of the ‘silver generation’ and the value that they bring to the table – if they are granted the opportunity.
Professor Andrew Scott said: ‘To make longevity a real asset for society, it is necessary to change current socio-economic perceptions and approaches to care, as well as existing organisational and governance structures, in order to achieve a more active and inclusive understanding and experience of the ageing process.’
Susie Crowder, Director of Bright Futures LBG, commented: “We are in the midst of an extraordinary transition that few of us are prepared for.
“The number of those economically active versus non-economically active is set to shift to a ratio of 1:3 by as early as 2035 in Guernsey. This will have a profound impact on local businesses and the wider community if we do not prepare sufficiently.
“There are simply not enough people on our island with the right skills and experience that local businesses need to maximise performance and productivity. This coupled with the demographic timebomb that our island faces may introduce further difficulties to local businesses.
“We need to start to identify the potential for ongoing practices regarding social innovation and active ageing. This includes identifying the key factors which drive innovation in social support and longevity, that then, in turn, can aid the transformation of this evolution into an engine for sustainable socio-economic progress.”
Tickets to the black-tie event, which is sponsored by Rothchilds & Co and Rossborough, are limited but can be sourced through Eventbrite and are priced at £65 per person or £600 for a table of ten.
Tickets: https://bit.ly/2HyOAQJ
