The most obvious issue that has arisen from the Milliband soap opera is the brotherly love/hate fest. But the saga reveals the more interesting subject of when and how to step aside for the next generation.
Martin Weale, a newly appointed member of the Bank of England’s Monetary Policy Committee, cast doubt on the Bank’s growth forecasts for 2010 earlier this week, warning of a “significant” risk of a double-dip recession. Corporate turnaround specialist Anthony Holmes gives his take.
Starting a new business is just another kind of marriage, says Anthony Holmes.
When David Cameron said that the national finances were in a worse state than expected, there were cries of: “How predictable, he would say that wouldn’t he Our new PM was magnifying the problem so that he gets credit for a recovery and avoids blame for any failures.
I wonder what the outcome of the general election would have been had the electorate comprised only of people whose livelihood depended on SMEs.
Last week the board of Jarvis had to call in the administrators. They stated that two factors triggered the company’s demise. Firstly, cuts in the volume of business they had expected (especially from Network Rail) and, secondly, that their lenders would not provide the funds necessary for them to operate as a going concern.
Reader's Digest UK, Woolworths and Borders failed to change their business models and were eventually rendered outdated. But corporate failure can teach more about management than success.
Over the past two years, we’ve encountered a recession worse than that of the early nineties. So why have we experienced fewer company failures than expected It’s all about timing, argues corporate turnaround specialist Anthony Holmes – and if you think your bank’s support over the past two years assures you of its continued support in better times, you’re wrong.
As the economy begins to drag itself out of recession, turnaround skills are essential – and that applies both to government and corporate management.
The Greek philosopher Heraclitus argued that change was the central feature of the universe. He claimed: “You cannot step twice into the same river, for the waters are continually flowing on”. He had a point. You can’t recreate the business you once had.
The Royal Mail strikes may be over for now but the root problems still remain. Turnaround expert Anthony Holmes has a rather unusual solution to the current stand off between management and the CWU.
Real Business agony uncle Anthony Holmes can help with your recession-time strategising. Every fortnight he tackles another restructuring problem faced by entrepreneurs. This week: coping with restless staff.