Just a quick post to say that this is the last on the management blog. As Stefan predicted a few months ago, a new mantra of the modern world of work is to do “more with less”. Well, that may have proved true in our cases.
Of course, that doesn’t mean the FT isn’t covering management, so please do keep an eye on Stefan’s column, our management page and for the latest news from the world’s business schools, go to our Business Education section or check out our very interesting MBA Blog, where students relay the joy – and the occasional trauma – of pursuing an MBA.
Thanks for reading and keep your eyes open – the Management Blog may reappear in the future.
The Phoenix Suns, the NBA basketball team in the midst of the playoffs, played last night’s game in jerseys that changed their name from The Suns to “Los Suns” in protest against the state of Arizona’s new immigration law.
It’s a pretty radical step for a mom-and-pop brand but it may have worked: they won the game against the San Antonio Spurs (who would have altered their uniforms if they had had enough time to) to take a 2-0 lead in the best of seven series.
Ok, I like lists and Time’s 100 most influential people is a great one. But for all its strengths (Steve Jobs, Dominique Strauss-Kahn) and weaknesses (Glenn Beck as a leader? Simon Cowell as an artist?), I especially found a comment at the bottom of Bob Geldof’s paean to Tidjane Thiam, chief executive of Prudential, revealing about the power of business (and possibly the cynicism with which the west views African politicians):
Tidjane was once a minister in his home nation, Côte d’Ivoire, and he told me that when he was a high-ranking African politician, those with power and influence in the West didn’t want to hear what he had to say — but that once he joined the private sector, his opinion became sought out. Now bigwigs can’t get enough of him, and rightly so.
I wrote about the remarkable rise of Thiam last year.
Earlier this week, a law was passed in Santa Clara, California which forbade the inclusion of toys in any meals that did not meet certain health standards for children.
It’s a pretty extraordinary step in the land of freedom and all that but apparently Silicon Valley has been at the forefront of the US’s healthy eating revolution, having previously forced food chains to display the caloric intake of their meals.
Somehow I imagine McDonald’s won’t be quaking in their boots. Presumably the packaging and advertising can still be emblazoned with Disney characters and getting the attention of a consumer is probably more significant in the long term than the toy that goes along with it.
Alan Yentob, the BBC’s creative director, has today defended his right to fly business class by claiming that he can’t really do his job without it.
According to a report in The Guardian, here’s how he described a recent trip:
“When I went to New York I immediately when I arrived I went to give a talk to an organisation,” he told a Voice of the Listener and Viewer conference in central London today. “I was filming in the afternoon [for his BBC1 arts show Imagine] and I then returned within about 24 hours back to London back to work straight away. Do you think I should have travelled economy? I wouldn’t have been capable of doing the job.
“I try to limit the number of times that I go. I am not capable of doing all those things at once. That’s all I can say.”
Much is written about executive perks and how top management is supposedly shameless when it comes to claiming them. Much of it is quite right – especially in this climate – but I sometimes wonder if the discussion hasn’t gone too far in the opposite extreme.
Tim Armstrong, CEO of Aol, has got himself into a bit of bother with his staff. Last Tuesday, at a breakfast meeting with Wolf Olins, he criticised his company’s efforts covering the SxSW festival in Austin and, in particular, the quality of work of his staff.
Apparently, he quickly backtracked – not by renouncing what he said but by declaring in an open meeting with staff that he should have made the point directly to them instead of to an external company. He stood by his assertion that the company’s work was not up to snuff.
Was this the right move?