The collapse of General Motors has nothing to do with the current world economic crisis and it has everything to do with the failure of GM’s management to actually know what it was doing.
For many years the unions and their bloated and unrealistic pensions plans have been bleeding General Motors and will continue to bleed […]
I actually heard a politician say something sensible this weekend! It was Alistair Darling, the UK Chancellor, and he was echoing something President Obama said last week. What caught my attention was the statement “there is nothing wrong with rewarding success, but there has to be a penalty for failure”. I’m afraid that, after that, […]
Given that the majority of companies are currently run by those in their forties and fifties and that most middle managers are younger than that, it is no surprise that few in business today remember the last really major global recession, which took place nearly 28 years ago in 1980-82. There have been other economic […]