Resolution Foundation: Comprehensive Market Research Report

Background

Overview

The Resolution Foundation is an independent British think tank established in 2005, dedicated to improving the standard of living for low- to middle-income families in the UK. Its mission is to conduct rigorous research and analysis to inform public debate and influence policy decisions, focusing on economic and social policies that affect living standards.

Mission and Vision

The Foundation's mission is to lift living standards, particularly for households with low and middle incomes, those on low pay or in precarious work, and those vulnerable to financial shocks. It aims to provide analytical work, develop effective policy proposals, and use its expertise to effect direct change.

Primary Area of Focus

The Foundation focuses on various areas, including:

• Labour Market: Analyzing employment trends, wage growth, and job quality.

• Living Standards: Assessing income distribution, poverty levels, and economic mobility.

• Intergenerational Fairness: Examining disparities between different age groups and generations.

• Housing: Investigating housing affordability and its impact on living standards.

• Tax and Welfare: Evaluating the effectiveness of tax policies and social security systems.

Industry Significance

As a leading think tank in the UK, the Resolution Foundation plays a crucial role in shaping policies that address economic inequality and promote social mobility. Its research informs policymakers, the private sector, and civil society, contributing to a more equitable society.

Key Strategic Focus

Core Objectives

• Research Excellence: Conducting high-quality, rigorous research on living standards.

• Policy Development: Formulating effective policy proposals to improve economic outcomes for low- to middle-income families.

• Public Engagement: Influencing public debate and decision-making through evidence-based analysis.

Specific Areas of Specialization

• Economic Inequality: Studying income disparities and their societal impacts.

• Employment Quality: Assessing job security, wage levels, and working conditions.

• Social Mobility: Investigating factors that enable or hinder upward economic movement.

Key Technologies Utilized

The Foundation employs advanced data analytics, econometric modeling, and qualitative research methods to analyze complex economic and social issues.

Primary Markets or Conditions Targeted

The Foundation primarily targets the UK market, focusing on policies affecting low- to middle-income households, employment, housing, and social welfare systems.

Financials and Funding

Funding History

In the year ending 30 September 2022, the Foundation's annual income was £3,285,540.

Notable Investors

The bulk of its funding comes from the Resolution Trust, established by Clive Cowdery, in addition to the Federation of Small Businesses, the Nuffield Foundation, the Rowntree trusts, and others.

Intended Utilization of Capital

The funds are utilized to support the Foundation's research initiatives, policy development, public engagement activities, and operational expenses.

Pipeline Development

Key Initiatives

• The Economy 2030 Inquiry: A collaborative project with the Centre for Economic Performance at the London School of Economics, aiming to diagnose causes of the UK's economic stagnation and propose a new economic strategy for the 2020s.

• Resolution Ventures: Launched in 2020, this social investment arm supports social entrepreneurs and start-ups focused on improving conditions and career paths for workers in low-paid and precarious employment.

Anticipated Milestones

• Economy 2030 Inquiry Final Report: Scheduled for release in late 2023, this report will synthesize findings and develop policy recommendations.

• Expansion of Resolution Ventures: Continued investment in social enterprises addressing low-paid work, with plans to develop a larger social impact fund.

Technological Platform and Innovation

Proprietary Technologies

The Foundation utilizes proprietary econometric models and data visualization tools to analyze economic trends and policy impacts.

Significant Scientific Methods

• Econometric Modeling: For analyzing economic data and forecasting trends.

• Qualitative Research: Including interviews and focus groups to understand lived experiences.

• Data Visualization: To effectively communicate complex data insights.

AI-Driven Capabilities

While not explicitly stated, the Foundation may incorporate AI and machine learning techniques in data analysis to enhance research outcomes.

Leadership Team

Key Executives

• Ruth Curtice: Chief Executive. Previously Director of Fiscal Policy at HM Treasury, with over 15 years of experience in public finance.

• David Willetts: President of the Advisory Council and Intergenerational Centre. Former Member of Parliament and Minister for Universities and Science.

• Mike Brewer: Deputy Chief Executive and Chief Economist. Leads the Foundation's economic research and policy analysis.

Leadership Changes

• November 2024: Ruth Curtice appointed as Chief Executive, succeeding Torsten Bell.

Competitor Profile

Market Insights and Dynamics

The think tank sector in the UK is characterized by a diverse range of organizations focusing on various policy areas. The Resolution Foundation distinguishes itself by its exclusive focus on improving living standards for low- to middle-income families.

Competitor Analysis

• New Economics Foundation: Focuses on economic, social, and environmental justice.

• Institute for Fiscal Studies: Specializes in economic analysis and public policy.

• Joseph Rowntree Foundation: Aims to inspire social change through research and policy development.

Strategic Collaborations and Partnerships

The Foundation collaborates with various organizations, including the Centre for Economic Performance at the London School of Economics for the Economy 2030 Inquiry, and partners with social enterprises through Resolution Ventures.

Operational Insights

The Foundation's focus on low- to middle-income families and its commitment to evidence-based policy development provide a unique position in the think tank landscape, allowing it to influence policies that directly impact a significant portion of the UK population.

Strategic Opportunities and Future Directions

Strategic Roadmap

• Policy Influence: Continue to shape policies that address economic inequality and promote social mobility.

• Research Expansion: Broaden research areas to include emerging issues affecting living standards.

• Social Investment: Expand Resolution Ventures to support more social enterprises and initiatives.

Future Business Directions

• Digital Transformation: Enhance digital platforms for research dissemination and public engagement.

• International Collaboration: Engage with global think tanks to share insights and best practices.

Opportunities for Expansion

• Geographical Reach: Extend research and policy influence to other regions facing similar challenges.

• Policy Areas: Address additional factors influencing living standards, such as climate change and technological disruption.

Contact Information

Official Website

www.resolutionfoundation.org

Social Media Profiles

• LinkedIn: Resolution Foundation LinkedIn

• Twitter: @resfoundation

• Facebook: Resolution Foundation Facebook