Monday, 16 July 2012

Porkie Pies - or Total Incompetence?

Did Theresas May really believe that G4S would overshoot their target? And was Nick Buckles really in the dark about how badly his organisation was managing?

Now, I happened to have dinner with an ex-City of London police officer at the end of April. He had been considering taking up a role and had talked the possibility through with a number of his colleagues. His verdict in April was:
(a) There will be a huge shortfall in numbers;
(b) The recruitment and training process is a shambles.

I leave you to make up your own mind.

Mind you - I think I'd rather have troops undertaking security details than temporary staff who have had just 4 days training.

Wednesday, 4 July 2012

Barclays et al

Why did it take Bob Diamond so long to go? In every organisation I have woked for it has been the Chief Executive who has publically set the cultural norms for the business. In Barclays it is clear that there was some sort of cultural problem - even if only in the investment banking part. Mr Diamond headed up that function before he became CEO. So - he had to go. It is worrying that the board appeared to want him to remain at the helm. Are these people living in such a rarified atmosphere that they simply do not understand? I also wonder about the head of Internal Audit and his/her team. What were they doing?