According to the Economist, the British middle-classes are increasingly feeling the impact of creeping austerity. My advice to them would be to ‘get used to it’, or ‘get out’. The economic consequences of Brexit will be savage for an already heavily indebted UK. Another Conservative Government after the next election will be forced to heavily ramp up austerity. Meanwhile, a Far Left Labour government will also meddle massively but very differently. Either way, the British middle classes are probably in for a prolonged and increasing period of pain. Thoughts?
Category Archives: Cost Cutting
We looked at how several large-cap Nordic companies used #turnaround strategies to achieve monumental #value. The most popular and successful strategies created value by accelerating growth – Boston Consulting Group
This article by top strategy consultancy, BCG was rather disappointing. Perhaps it will encourage more UK government departments to spend GBP5,000 a day for the services of consultants? My observations are simple. The business administration literature contains enormous top quality analysis on ‘turnarounds’ and ‘business strategy‘. Sadly, these terms get over-used by unemployed executives, who want to sprinkle their CVs with buzz words to gain ‘hits’ on automated recruitment analytics. Like always, look to the evidence. People like John Gelmini and myself have decades of experience in delivering effective strategic change, including turnarounds. Thoughts?