Tag: Management
A strategy for hedge funds and dangerous drivers
There are business lessons to be drawn from the bad habits of French drivers. We need to beware of activities whose outcomes have a Taleb distribution - many small gains punctuated by occasional large losses.
Incentive plans that corrode integrity
If profit related pay works for CEO's, then why not have growth related pay for the Chancellor? History tells us why this is a bad idea
Failure by consensus
Before ITV Digital, there was Taurus, EFTPoS and BSB. Each of these schemes failed because the problems of decision making and responsibility in industry-wide schemes was not tackled successfully.
God save the CEO
Queen Elizabeth II inherited her job as the "CEO" of Britain's most famous family firm. History shows us that those born into power can be just as effective as those who are chosen.
Simplicity has a price
Most popular non-fiction titles are aimed at an educated audience. But a reading age level test indicates that a 10-year-old could easily understand the world's best selling business book.
An era of big names
Some CEOs command celebrity status in the business world. But their companies' performances show fame doesn't always equal fortune.
Look and learn from Enron
Some major lessons can be learnt from Enron's collapse. Here they are, in an easy to remember list
A vital item is missing
John Mayo's account of his troubled tenure at Marconi should serve as a warning to managers. Success in business is achieved by supplying goods and services effectively; not by seeking to boost share prices.
Thinking in sevens
Categories and lists help us to make better sense of a complex world. But they must be chosen carefully.
Oxford Experiences
John Kay became a Fellow of St John’s College, Oxford in 1970 and taught in the university for ten years. After periods...
