Greg Smith, ex-executive of Global Investment Bank, Goldman Sachs, this week launched a huge parting shot at his former employer, describing the culture as “toxic and destructive”. Not the first time, by the way, I have heard an ex-employee describe his/her previous employer in that way. What is possibly most damaging is the specific language that he claims is used to describe customers, alleging in some instances they are referred to as “muppets”.Continue Reading...Leave a Comment
The only thing we have to fear is fear itself…. and the resulting poor performance and culture it induces.
Globally, the market (yet again) is in a spin….what will 2012 be like? How will the European markets affect our economies and what exactly will happen there….will there be a collapse of the economy? Will someone come to their rescue? Will ‘they’ wisen up and change the way they manage their economy, culture and employment? And it’s not just Europe, what of the USA market? Will it experience another dramatic, yet predicted fall? Whatever the outcome, it will not be solved overnight so the reality is that we need to manage our economy and businesses the best we can and put in place strategies to counteract multiple situations.Continue Reading...View Comments (1)