On the day that the BBC announces that Northern Rock, the troubled UK mortgage lender, will payback the £24Billion ($50Billion ) (story here)state loan back during 2010 - news also surfaces of the pay-offs for the ex board.
Adam Applegarth, Northern Rocks ex Chief Exec will get a payoff amounting to £785K and whilst share holders […]
With 2007 fading fast its about time we focused on what should be important in 2008. Taking the lessons that we learned from the business stories of 2007 – here is strategysqaured.com’s new year resolutions for 2008 - got some of your own? Use the comments section below!
1/ Love your customer
The customer […]
These days pricing policies are rarely out of the headlines, whether it’s stories about supermarket power driving down the cost of goods or industry monopolies resulting in high prices for consumers, an optimal pricing policy remains a key business strategy . When you’re running your own business deciding how much to charge and achieving […]
The relationship that you have with your customers can make or break a business. Ensuring that their needs are met is crucial if you expect to either attract or retain them. Interpreting customer requirements however can be tricky – nevertheless there are some key requirements that are universal whatever your market or clientele. […]
Every business has processes – simply put they define what a business does and how it does it. Delivering $ to the bottom line cannot be achieved by sheer luck – efficient and targeted processes can help deliver customer value – maximize productivity ensuring staff no what to do and when to do it.
Ineffective processes […]
Enjoying your job can be a real struggle for many but having a bad boss can make the situation 100 times worse. Perhaps unsurprisingly research shows that a bad boss can have a huge impact on the workforce. Research by Florida State University describes a number of ways in which employees become […]
In part one of our Reliability and Maintainability series we discussed how R&M helped lower business cost through improving equipment effectiveness - in part two we’ll look further at the topic
Whilst R&M activity is usually the responsibility of an organizations engineering department, R&M has far reaching repercussions. Many factors influence R&M from system design, […]
With most if not all equipment, one certainty holds true, parts wear out, fatigue and age takes their toll and equipment breaks down. The associated through life costs can account for a significant percentage (upto and sometimes in excess of 40%.) of total acquisition cost. This understandably guarantees a degree of management focus.
Ensuring […]
25 September 2007 - While everyone knows recycling is great for the environment it seems it’s also great for business too. Sims Group, based in Australia, is on the acquisitions trail and is set to purchase US company Metal Management for $1.6bn.
The purchase is in support of Sims growth strategy for it’s […]
The last few days for Northern Rock, the UK mortgage lender, has been a whirlwind of damage limitation. In the 5 days since the story broke that emergency funds have been made available by the UK’s Bank of England to resolve “liquidity problems” – they have had more than a few headaches to manage.
5 […]
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