This month sees us publish our 40th #FinnemoreFireside chat and this time we’re delighted to welcome Jim Knight, The Rt Hon Lord Knight of Weymouth on for a Q&A session.

Jim Knight works in education, digital technology and as a legislator. As a UK government minister and MP, Jim’s portfolios included rural affairs, schools, digital and employment.  He was a member of Gordon Brown’s Cabinet 2009-2010, before joining the Lords after the 2010 General Election.

Jim is a director of Suklaa Ltd, providing advisory services to UK and international clients working in technology for education and learning, international schooling, and teacher engagement. He’s also currently chair of the board for E-ACT, is on the Nord Anglia Education Advisory Board, on the Global Advisory Council for BETT, and was appointed Chair of the Board at COBIS in November 2022.

In this Q&A Nick and Jim discuss amongst other things:

• Where Jim’s passion for education comes from and why he has dedicated so much of his working career to education.
• The disconnect between the education and labour market, and the need for a school system which truly meets the needs of learners, communities and employers.
• Why focusing on academic performance and grades doesn’t work for many, and how other core skills are more important than literacy and numeracy.
• Is edtech behind the curve compared to industry: what happened to real future-gazing?
• The fact that leadership on the use of edtech is no longer there (a role previously played by Becta) and something is required to fill the gap.
• Using trends and AI to promote insights and the associated challenges that come with sharing and interrogating data?
• The three big challenges that Jim would like to see edtech help solve

We’d love to hear your feedback and comments below. Enjoy!

I am interested in what Product Leaders think makes a good Product Manager? And what is your way of identifying a good Product Manager?

I am constantly asked what makes a great Product Manager and what do I look for. I am a great believer that a strong Product Manager is the CEO of their solution. They need to get involved in all aspects, from inception to launch, and then in-life management.  It’s for this reason that I am a strong believer in ‘You hire for attitude, train for skill’. If someone has the right behaviours then you can teach them the skills to be a great product manager. I have learnt over many years that a title doesn’t make the person good at their role.

My approach to interviewing is that the first interview is to understand the candidate’s personality. So I tend to ask myself:

• Can they fit into the team dynamic? (If you want to disrupt the ‘status quo’ to strengthen then that is OK too)
• What does their personality bring to the team that is currently missing?
• Do I think they can work within a team, yet be focused enough to work on their own and drive the solutions that they will be managing?
• Are they tenacious and can they prove this?
• Have they got the right social skills to be able to work with a number of disciplines around the company? They will need to be able to communicate and influence different types of people.
• Are they someone that thrives on ownership and responsibility?

Using this approach means they get to know mine and the company’s expectations. And at the same time, this 1-2-1 personal approach to the first interview allows the candidate to understand if the company is the right fit for them.

Acquiring a new customer is five times more expensive than retaining an existing one.  And improving retention by just 5% can see your profits increase by anything from 20% to 90%. So why is customer acquisition always prioritised over retention?

Almost all businesses, from the one-man bands to the big corporates, fall into the trap of going all out to win new business but doing so at the expense of their customers.  How many of you have experienced the disappointment of, say, being a broadband customer with a company who are showering new customers in trinkets and discounts but want you to carry on paying as your are as their ‘loyal customer’?  It happens all the time.

There’s glamour, pats-on-the-head and shareholder happiness associated to winning new business but your biggest profits are sitting under your nose if you manage it correctly and focus equally on both.

To get it right, you need someone on your business development/sales team that serves as both a friend and support system to prospects and clients.

Great sales people focus more on the client than on themselves through advocacy, relatability, expertise and excellent listening skills. They build strong relationships that mean they can acquire new business and retain existing customers – increased profit all round!

Is this your team?  If the answer is ‘No’ you’re missing a trick.

If you’d like some help coaching your sales team to increase profits feel free to get in touch.