Rupert Murdoch is not exactly putting his money where his mouth is with 21st Century Fox’s unsolicited $80bn offer for Time Warner. By offering non-voting Fox shares as part of the cash-and-stock bid he has made clear that he will not risk his voting grip on his family-controlled company. Read more
Luis Suarez, right, and Giorgio Chiellini after clashing during their World Cup match. Photo: Reuters
If you bit someone at work – as Uruguayan striker Luis Suárez appeared to on Tuesday night – would you get sacked? It seems likely. Read more
Welcome to the World Cup in Brazil, brought to you by Fifa, a corporate governance disaster that is also one of the most successful multinational enterprises on earth.
Lesson Two: ensure your predecessor is dead or distant (photo: Getty)
Good morning and welcome to the new Harvard MBA module on sports management. I’m assistant professor David Moyes. Read more
EE is the descendant of one of the most ridiculous brands in corporate history – Everything Everywhere, which turned out to mean Nothing Anywhere – so I feared the worst when I saw the UK digital communications group had signed a partnership with what it inevitably calls the “iconic” Wembley Stadium. Football fans already chant about “going to Wemb-er-lee”, so the brand gurus could so easily have renamed the ground “WemblEE”.
Wembley Stadium, as it will be, sEEn from the air (source: EE)
Happily, common sense and history prevailed. Fans will have to survive a blizzard of EE branding, including the illumination of Wembley’s arch in EE blue, but the press statement is clear that “the world-renowned name of the stadium will remain”. It usually does. When new names are applied to old stadiums, often either the name doesn’t stick – or the company doesn’t. Read more
There is one question I’ve been struggling to figure out about Sir Alex Ferguson’s decision to release his second memoir: why now? Of course, he has retired but for a manager renowned for protecting his players in public while berating them in the sanctity of the dressing room, publicly naming and shaming some of the club legends has generated lots of unflattering headlines.
Sir Alex certainly wants his legacy as a leader and manager to be recognised; his methods were recently the subject of a Harvard Business Review case study.
But another reason is hinted at in one of the most revealing quotes from the book, on the loneliness of being a manager: “In management you are fragile, sometimes. You wonder whether you are valued”. Read more
Di Canio confronts fans; a day later he lost his job as Sunderland manager
With Harvard Business School professors analysing Sir Alex Ferguson’s management style, and consultants drawing parallels between football coaches and chief executives, is there room in the crowded literature of sports management case studies for “The Di Canio Way”?
If there is, it will be a slim volume – Paolo Di Canio lost his job as manager of Sunderland on Sunday night after just 13 games and barely a month into the new season. I don’t have much truck with parallels between sports management and business management, but there are four cautionary chapters executives everywhere might want to read. Read more
Howard Wilkinson, former manager of Leeds United, knows about pressure: “No offence to captains of industry but even a FTSE 100 chairman can postpone a board meeting. A manager can’t postpone a football match and every match is a shareholder meeting, [sometimes] in front of 88,000 people.”