"Never let a good crisis go to waste" has been attributed to Winston Churchill in reference to the conditions post the Second World War that allowed for the formation of the United Nations. There is some doubt as to whether he actually used those words but it certainly sounds like something he would say. It of course refers to the peculiar environment that surrounds people in the midst of a crisis where somehow all paradigms seem up for debate and rules are to be questioned.
Over the past few years, large companies have scrapped traditional annual appraisals, citing it as outdated and irrelevant. These organisations discovered continuous performance reviews are a better fit for millennials – a demographic you cannot afford to ignore.
Employers that know how to conduct appraisals can benefit from the improved performance of an employee, especially when it comes to their motivation and efficiency.
While it can be tempting to get swept up in mince pies and last-minute shopping, Martin Campbell will not let Christmas quell business momentum.
When George Lucas popularised drones such as R2-D2 and C3PO in the 1977 film Star Wars: Episode IV – A New Hope, he was deemed a visionary. We’ve now come to a point in time that for the right price, you could have a mini drone (quadcopter) to call your own.
Ruts are amazingly easy to fall into in business. When you are busy there isn’t time to look at them; when you are less busy, all your focus is on getting orders. And rightly so.
So you ate that holiday cookie! Then what? Did you eat all the rest and abandon your diet? And have more the next day? Whether it's a cookie, a lost sale, or a bitter dose of negative feedback, the same result occurs all too often… one mistake and people tell themselves, “I can't. I quit.”
An independent review of the UK's economic statistics has been launched by former Bank of England deputy governor Charlie Bean. It will consider whether the Office for National Statistics is well-placed to cope with future challenges.
Joe Carstairs reviews the first episode of Bank of Dave, the series about an entrepreneur who thinks he can do a better job at funding businesses than the high street banks.
Series 9 of Dragons’ Den concluded last night, with only one entrepreneur convincing the Dragons to part with their cash. International negotiator Clive Rich reviews the pitches on Dragons’ Den.