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A boardroom fable

The Tortoise, the Hare and the Management Consultant.

Question of duty

It is not satisfactory that the Hampel Report can only offer an account of directors’ duties which is confusing and fundamentally incoherent.

Know your place

Successful businesses have unique competitive advantages, but times change and they can be faced with strategic dilemmas. Sometimes, these dilemmas have no solution.

Produced to price

For many people the role of manufacturing industry is an emotional issue rather than an economic one - meet the manufacturing fetishists.

Called to account

What are the responsibilities of Shell to society at large? There is a simple answer - and it’s wrong.

Cars and capacity

More careful thinking in the field of accountancy is bringing it closer to economics

South Bank University – 1997 Annual Lecture

Ten years ago, ICI’s annual report described the company’s objectives: “ICI aims to be the world’s leading chemical company, serving customers internationally through the innovative...

A rare privilege

Returns go where there is scarcity. The land in Champagne is intrinsically scarce. Other factors can be made scarce, or to cease to be scarce, as the history of broadcasting tells us.

Test of possession

“Ownership” is not a simple concept. I own my umbrella, and companies are owned by their shareholders. The word means different things in different situations.

Passes and returns

Dalglish arrives at Newcastle and Horlick moves to ABN Amro. The common theme: do teams, or individuals, capture the returns to outstanding performance?

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