George Osborne announced this week that he intends to immediately tackle the £163bn economic deficit with a proposed £6bn worth of cost cutting in public services. Although ministers promise not to damage front line services, this news is bound to strike a note of fear.
Now, I don’t know whether this level of cost cutting is possible – but somehow it has to be because this is just the tip of the iceberg – what I do know is, it is possible to spend less whilst benefitting local places. If all those accountable for public outcomes at a local level could establish
We’re suddenly faced with the prospect of a coalition government. That seems a rather scary and unbritish thing. It doesn’t exactly smack of strong government (remember back to Margaret Thatcher ticking off one of her wet colleagues, Francis Pym, for venturing to suggest that a rather smaller conservative majority might make for better government and stronger Parliament).
But need we be so scared?
Look at the corporate world. It is full of examples of alliances and partnerships. Few companies exist completely as their own island. They depend on suppliers, retailers and the myriad of others who make up their value chain. They
If a disaster has your name on it, your brand pays
Big process industry companies pay dearly if safety goes badly wrong, even if the front line operators involved in a disastrous accident are subcontractors or suppliers.
On 22 April 2010 the Deepwater Horizon oil rig, operated by BP and owned by US contractor Transocean sank two days after a massive explosion killed 11 workers. Since the explosion, at least 210,000 gallons of crude oil a day have been spewed into the Gulf of Mexico.
In the words of Group Chief Executive Tony Hayward, “We are fully committed to taking all possible steps to contain the spread of the oil spill. We are