Have you read Larry Fink’s 2019 Letter to CEOs? It’s encouraging. And yet… I have a challenge for him. First, the positives. In 1994 Tomorrow’s Company, the think tank of which I was CEO for many years and now remain a trustee, … Continue readingLarry Fink’s 2020 letter to investors gives us more questions than answers
For some years I have argued that companies should follow the example of listed company Handelsbanken and set aside a proportion of their profits into an employee shareholding trust. More recently I suggested that top executives should only be permitted large bonuses or share awards … Continue readingCredit to Labour for their new thinking on wealth creation
Ten years on from the crisis, global debt is not lower but higher by 40 percentage points. And, says Gillian Terry in the FT, it is not the left of politics that has benefited from these capitalist failures but the right! This is the paradox of … Continue readingLook who has profited from the crash
I started my business career in engineering and spent 15 years in manufacturing. I watched the huge gains in investment and jobs that came from total quality management, lean manufacturing and partnerships with Honda, Nissan and Toyota. And now this wealth creation gem faces … Continue readingThe coming destruction of the UK car industry
What are we to make of Labour’s new report entitled Financing Investment? As it happens, the report came out on the same day as I joined Professor John Kay, Sir Anthony Seldon and others at a PARC Trinity House event to discuss ‘Productivity – what … Continue readingProductivity: what is the problem and how to fix it?
An eight trillion dollar investment for stewardship and impact funds could be coming our way – has your financial adviser noticed? According to Gillian Tett in the Financial Times three-quarters of millennials in the USA put a high priority on social goals when they invest compared … Continue readingCould millennials make a multi trillion dollar investment in stewardship and impact funds?
The good news is that Labour has listened to the voice of business, and its employees. It has recognized that customs union membership is the essential platform for supply chain effectiveness, business continuity and future investment in long term wealth creation. Not to mention the … Continue readingCorbyn’s Coventry Speech – the good news and the bad news