Funny how New Labour keeps on turning to financial directors to help solve its most intractable problems. Erstwhile FDs Lords Sainsbury and Simon, of course, achieved ministerial rank. Now, Pearson FD John Makinson and GEC FD John Mayo are two of the seven private sector managers who will be joining the Public Services Productivity Panel, charged with helping the government find “efficiency improvements” worth £8bn a year by 2001-02. Mayo is looking at ways to raise standards in schools, while Makinson is eye-balling pay at the Inland Revenue. And let’s not forget ICAEW president and former NHS FD Dame Sheila Masters; the government says she’s overseeing “projects on NHS outpatient performance”. So even the walking wounded have to become more efficient.
View our archived webinar, including Oracle and a host of ‘Fast Data’ experts, to discover how financial professionals can help create a Fast Data business
Reinmoeller, professor of strategic management at Cranfield School of Management, has proposed an Eight Actions Model to help organisations increase margin and perform ahead of market expectations
When thinking about Iran as a potential market it’s important to go in with open eyes. This means being aware of some of the myths as well as being clear on the challenges
Third of UK companies with defined benefit pensions schemes are paying out more from their scheme in pensions than is being received in contributions