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Management Today

Management Today February 2016

Management today is an essential guide to UK business, with a real grasp of modern business thinking and the most effective management, Mt is a must read for company leaders, senior directors, entrepreneurs and ambitious executives- fresh and insightful, mt is not only provocative but delivers true value and guidance. The UK's largest monthly business magazine delivering a truly powerful auidence. Supported by industry leading features mt boasts of award winning articles and has won many accolades over the past few years. With truly superior editorial it engages and influences businesses like no other.

United Kingdom
Haymarket Media Group Ltd
Back issue only
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4,75 €(sis. verot)

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2 min
why we are losing respect for the professions

A belated Happy New Year. MT is 50 this year. We like to think we’re wearing well as we advance into middle age – no toupee, still possessed of all our faculties, full of vigour, but possessing the wisdom and insight that goes with having seen a few things down the last six decades. Back in 1966 it was pretty clear that there was a difference between professionals and non-professionals. Doctors, solicitors and accountants were, those at the grubby end of commerce definitely weren’t. I’m not sure that the distinction is so obvious now, as our feature suggests. Margaret Thatcher had an intrinsic mistrust of closed shops from whatever social class and she would have concurred with Shaw that ‘all professions are conspiracies against the laity’ The Big Bang in the City…

1 min

PAUL MORRELL The former government construction tsar and chartered quantity surveyor has grave fears for the future of both his and other professions in the shape-shifting 21st-century world of work. ‘The major risk they face is irrelevance and a loss of legitimacy,’ he says. MATTHEW TAYLOR Our guest columnist – and RSA boss – sets out the case for a radical rethink of CSR. His pick for the most outlandish company initiative? ‘Starbucks’ offer of a voluntary payment of tax, in lieu of what it would have paid had it not designed the business to minimise paying tax, was rather amusing.’ SARAH ÖZGÜ MT’s art director illustrates this month’s brand valuation feature, but she’s no label junkie when it comes to shopping. ‘I wouldn’t buy something just because of the brand, it’s whether it’s well…

2 min
you live & your learn

PHILIPPA ROSE FORMER CITY HEADHUNTER AND FOUNDER OF THE ROSE PARTNERSHIP. NOW OWNER OF EVENTS VENUE WICKHAM HOUSE I started my working life as an intern at Kleinwort Benson, with the intention of completing a degree in Banking & Finance, but I was impatient to earn money and at 21 I canned it and founded a headhunting firm, focusing on junior banking execs. I scraped together £10,000 from some backers, most of which I blew on my launch party, which went on for three consecutive nights. I drank far too much and one night I passed out in the loo. But soon I was placing people left, right and centre. Most people are mobile for the right price and an interesting job. When you’ve got a job to offer that fits someone’s experience…

1 min

There’s a recession in Japan. ‘Recession’ is the sign of a sick economy, which is appropriate, since the word was originally a medical term. Of Latin origin, it was used from the 17th century for all manner of medical remissions, diminutions and declines: indeed, it still is. You might experience a ‘recession of symptoms’, for instance. It has also been used in astronomy, geography, dentistry, phonetics, religion and others. Only in the mid-19th century did it take on its chief modern meaning, in economics, and it was not until half a century later that it began being used about whole countries. Get well soon, Japan. 63% THE JUMP IN UK FIRMS’ MERGERS AND ACQUISITION ACTIVITY – TO £381BN, A 15-YEAR HIGH Source: Data firm Dealogic, figures for 2015…

3 min
crash course

Bill and Melinda have one; Warren’s parked his money in Bill’s; and now Mark and Priscilla have set aside an estimated $45bn for their own philanthropic enterprise. Yours may be more modest, but if you’d like to follow in the steps of Messrs Gates, Buffett and Zuckerberg and give something back, here's where to start. What is it? ‘The terms ‘trust’ and ‘foundation’ are often used interchangeably,’ says the Charities Commission. A charitable foundation is a trust, which only qualifies as a ‘foundation’ if it is formally endowed via a trust deed with assets that will provide an income to fund causes. You’ll need a sizeable amount of money to set one up – £1m is a reasonable starting point. That would generate £50k per year in income to dispense. It may…

1 min
work place rights

Globalisation means that goods and services bought in the UK may have a long and tangled supply chain, including countries where forced labour is common. Slavery may have played a part in the clothes we wear, the gadgets we use and the food we eat. Businesses with a turnover of £36 million or more are now required, under the Modern Slavery Act 2015, to publish an annual slavery and human trafficking statement. This must set out the steps the organisation has taken to ensure that slavery and trafficking are not taking place in its business or supply chain (or state that it has taken no such steps). Affected businesses will need to put appropriate time and resources into investigating and preventing slavery in their supply chain and producing a statement which does…