Investors, rejoice: BT is back where it started
From four consecutive failures of strategy in British Telecom we learn that policy making in business requires more than slogans and visions.
Big egos inflate executive pay, not markets
When genuine market operations are absent executive pay is seen as a measure of value rather than just a financial reward
Department of Trade and Industry/Forum for the Future
Lessons from ICI’s transformation; a lecture at the Department of Trade and Industry/Forum for the Future.
The high cost of ICI’s fall from grace
The fate of ICI demonstrates how the market disciplines unsuccessful choices of strategy; in the case of ICI it is almost unfortunate that it does so.
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.