We have long railed here against the use of targets as a primary, or even sole, measure of performance. Now targets have led to the…
We have long railed here against the use of targets as a primary, or even sole, measure of performance. Now targets have led to the…
There is not much gain for any big corporation or its chief executive to upset a sitting Prime Minister and government. Hence the announcement that…
I have just finished a call with Vodafone to renew my mobile phone subscription. The gentleman on the other line was very courteous. Maybe more…
“Our system of corporate governance is rightly envied and emulated around the world” according to the Prime Minister’s introductory words in the White Paper on corporate governance. That…
The pension implications of the collapse of Carillion are scandalous – as well as tragic for the people involved. Senior management used cash, debt and asset…
In our review of corporate governance last year, we took the view that the UK should move from its primary focus on ‘creating shareholder value’ to a…
After Milton Friedman famously proposed that the sole purpose of business enterprises should be to maximise shareholder value in an article in the New York…
It’s a funny thing, but Michael Gove’s defence of Boris Johnson, following his damaging confusion about a British woman detained on holiday in Iran, gave…
We had what my youngest son used to call an ‘insect day’ at my eldest son’s school on Monday, so we spent the afternoon watching…
It isn’t clear when it started to happen. We are removing the ‘care’ from healthcare. I first noted this trend in the 1980s. I was…