Continued (18 January)
Is it wise for Ed Miliband to play snakes and ladders with Jon Snow?
Continued (18 January)
The 'John Lewis economy': What to make of today's speech by Nick Clegg?
- a John Lewis economy
- The 1980s was the decade of share ownership. I want this to be the decade of employee share ownership.
More of a John Lewis economy, if you like.
And, what many people don’t realise about employee ownership is that it is a hugely underused tool in unlocking growth.
I don’t value employee ownership because I somehow believe it's it's “nicer” - a more pleasant alternative to the rest of the corporate world. Those are lazy stereotypes. Firms that have engaged employees, who own a chunk of their company, are just as dynamic, just as savvy, as their competitors. In fact, they often perform better: lower absenteeism, lower staff turnover, lower production costs. In general, higher productivity and higher wages. They even weathered the economic downturn better than other companies.
Is employee ownership a panacea? No. Does it guarantee a company will thrive? No of course not. But the evidence and success stories cannot be ignored, and we have to tap this well if we are serious about growth. The 1980s was the decade of share ownership. I want this to be the decade of employee share ownership.
Britons win gold and silver in the transatlantic rowing race: an omen for the Olympics?
BOX NUMBER 8 WINS AND ANDREW BROWN BREAKS A WORLD RECORD from Talisker Whisky on Vimeo.
On 5th December, we watched 17 rowing boats leave the harbour at San Sebastian La Gomera at the start of a transatlantic rowing race and, after getting home, have been following its ups and downs ever since.
Last night (40 days later), first and second places went to British rowers who arrived in Barbados 26 minutes apart - with the next boat more than 100 nautical miles away.
Rowing across the Atlantic may have yet to qualify as an official Olympic sport, but it would be nice to think that their success will be an omen for more medals for our competitors later in the year.
At the time of writing, the bronze medal contenders are only 47 nautical miles from the finish and you can keep up with the race HERE.