Sir Terry Leahy, Chief Executive of Tesco, presented his Ten Commandments for Good Management at a conference I attended yesterday. Here they are: Commandment Number 1: Find the truth It is extremely difficult for any institution to confront the truth. When customers say they don’t like your products or service, it’s tough to face up…
Sir Terry Leahy, Chief Executive of Tesco, presented his Ten Commandments for Good Management at a conference I attended yesterday. Here they are: Commandment Number 1: Find the truth It is extremely difficult for any institution to confront the truth. When customers say they don’t like your products or service, it’s tough to face up…
People have talked about an L-shaped, U-shaped, V-shaped or even LUV-shaped recessions, but don’t believe them. This is not a LUVerly recession, it’s a nasty one as demonstrated yesterday by the news that Dubai is deeply in distress. Dubai's news will make this the internet, or WWW-recession. Just as we get a bit bolder –…
There’s plenty of innovation in banking right now, from investment through commercial to retail banking. And it’s not just amongst the big banks, the thriving banks and the growing banks but amongst the struggling banks, the tarnished banks and the zombie banks too. For example, Citi is spending a billion dollars on new payments technologies…
There’s plenty of innovation in banking right now, from investment through commercial to retail banking. And it’s not just amongst the big banks, the thriving banks and the growing banks but amongst the struggling banks, the tarnished banks and the zombie banks too. For example, Citi is spending a billion dollars on new payments technologies…
The story of the month has to be the scandal mentioned two weeks ago regarding the Hedge Fund Manager and the Prostitutes. It's been filling our papers for weeks, and is the sex harassment case between Canadian Jordan Wimmer against multimillionaire hedge fund manager Mark Lowe. Here's just a small selection of the many headlines…
The story of the month has to be the scandal mentioned two weeks ago regarding the Hedge Fund Manager and the Prostitutes. It's been filling our papers for weeks, and is the sex harassment case between Canadian Jordan Wimmer against multimillionaire hedge fund manager Mark Lowe. Here's just a small selection of the many headlines…
Interesting film made last year about America's debt. Here's the short trailer: and you can download and watch the whole thirty minute movie from the IOUSA website. What's the movie about? Here's the short thirty minute description: Wake up, America! We're on the brink of a financial meltdown. I.O.U.S.A. boldly examines the rapidly growing national…
Interesting film made last year about America's debt. Here's the short trailer: and you can download and watch the whole thirty minute movie from the IOUSA website. What's the movie about? Here's the short thirty minute description: Wake up, America! We're on the brink of a financial meltdown. I.O.U.S.A. boldly examines the rapidly growing national…
Techcrunch analysed the views of 549 company founders to see what made them successful. After “experience” and “management team”, “good fortune” was the third most important factor. But the bit that intrigued was the way these guys started their businesses and what finances they used. Apparently, nearly all began by using personal savings first, and…
