Strategic Business Management
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JCB staff agree to work fewer hours to save jobs

JCB staff agree to work fewer hours to save jobs | Strategic Business Management | Scoop.it
Deal will slash digger maker’s wage bill after collapse in global sales forced it to consider compulsory redundancies

Via Graham Watson, Helena Knapton
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Graham Watson's curator insight, December 1, 2015 2:44 AM

I 'scoop' this because it poses some uncomfortable questions for those people who think that this is a 'nice' solution, helping the company and keeping all of its workers employed.

 

However, is it a good thing: the empirical evidence suggests that tit might not be. From a macroeconomic perspective, is the current productivity puzzle not, in part, a function of this on a larger scale; secondly, studies tend to suggest that laying some people off is better in the longer-term.

 

In the first place, assuming that you get rid of workers with the lowest productivity, which would be rational, you increase average productivity across the firm. Yes, in the short-term some people who remain in work might be upset - but they'll get over that -  but in the longer-term it may reinforce productivity as those remaining in jobs seek to improve their productivity so as to avoid being made redundant in future.

 

It will be interesting to see which outcome will apply to JCB - or will it be bought out be the Chinese?

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'Giants' to return to Liverpool to mark WW1 commemoration

'Giants' to return to Liverpool to mark WW1 commemoration | Strategic Business Management | Scoop.it
Giants are set to take over Liverpool once more to mark 100 years since the outbreak of the First World War. It follows the success of 'Sea Odyssey' a three day giant spectacular which reportedly brought £32m to the local economy.
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Yes, Goldman Sachs really Is a great place to work

Yes, Goldman Sachs really Is a great place to work | Strategic Business Management | Scoop.it
Goldman Sachs has a reputation for long hours and intense competition. But it's still the ultimate career destination for the truly type A.
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7 Things You Need To Stop Doing To Be More Productive, Backed By Science

7 Things You Need To Stop Doing To Be More Productive, Backed By Science | Strategic Business Management | Scoop.it
Being productive is less about time management and more on managing your energy. Here are 7 I things I stopped doing to become more productive.

Via Chad Manske
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Chad Manske's curator insight, November 22, 2013 3:46 PM

I couldn't agree more with this article's content!  As a matter of fact, there are some tenets here that I have always touted in my circles of influence, like, "work smarter, not harder," and "stop doing everything yourself and start letting people help you" (i.e. delegate and empower more), and have "do-nothing time" (i.e. get a hobby so you can 'get a life' outside your work). 

Chris Bennett's curator insight, December 31, 2013 7:12 PM

A boss I once had, more brilliant that I was, often said we're too busy and have "no time to think."  I took his comment to heart, would shut my office door from distractions, and just think.  Note: I wouldn't sit at my computer, for that would prevent me from thinking.  His advice worked, and by doing less I was able to be more effective.  

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Real Business - Bremont watches: From tragedy to entrepreneurial success

Real Business - Bremont watches: From tragedy to entrepreneurial success | Strategic Business Management | Scoop.it
Almost everyone who has set up their own company has been inspired to do so by one particular idea or one particular event.
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The new John Lewis Christmas advert

The  new John Lewis Christmas advert | Strategic Business Management | Scoop.it
'Then over the uplifting finale, Allen sings reedily, "This could be the end of everything," which makes me think that the bear will be dead soon'
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Leaked memo reveals Tesco charges thousands to help boost profits

Leaked memo reveals Tesco charges thousands to help boost profits | Strategic Business Management | Scoop.it
In effect, Tesco and other retailers are charging food and household products companies for the right to sell their brands through their branches.
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Employees Will Work Longer Hours, Just Don't Waste Their Time

Employees Will Work Longer Hours, Just Don't Waste Their Time | Strategic Business Management | Scoop.it
In a recent survey, people said that working long hours is not what bothers them most. What bothers them is the feeling that their time was being wasted.
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The evolution of work

The evolution of work | Strategic Business Management | Scoop.it
Jacob Morgan has shared this infographic on the evolution of work.  Read more about it in his article in Forbes.
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Globalisation – how globalised is the world?

Globalisation – how globalised is the world? | Strategic Business Management | Scoop.it
Today in class we were discussing the forces of globalisation, and some of the discussion took us down the following route: Globalisation is defined in many different ways – there is no textbook definition - but economic globalisation is usually...
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Effective Leaders Build Success-Driven Teams: Lead With Three C's

Effective Leaders Build Success-Driven Teams: Lead With Three C's | Strategic Business Management | Scoop.it
“ Recently, I asked myself a serious question about my career: "Is it professionally healthy to remain a boss, or is it time to stand up and be leader?"”
Via Dr. Susan Bainbridge
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10 Actors You’d Never Guess Had Doctorates

10 Actors You’d Never Guess Had Doctorates | Strategic Business Management | Scoop.it
“ Image Source Katharine Hepburn once said, “Acting is the perfect idiot’s profession,” and she isn’t the only one to have cut through celebrity glamor with some disparaging remarks.”
Via Jukka Melaranta
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2014 British Open Championship - Sporting Event in Hoylake, Hoylake - Visit Wirral

2014 British Open Championship - Sporting Event in Hoylake, Hoylake - Visit Wirral | Strategic Business Management | Scoop.it
From 13th to 20th July 2014 Royal Liverpool will welcome the best golfers in the world to compete at the 143rd Open Championship. It will be the 12th time the Hoylake links has hosted golf’s oldest...
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So...what is a Brand?

So...what is a Brand? | Strategic Business Management | Scoop.it
Sometimes when I introduce myself, I'll say:  "Hi, I'm a Brand Strategy Consultant, the three most mis-understood words in business".   I think I need a new introduction, but save that for another ...
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How Cath Kidston turned a ‘glorified junk shop’ into a £250m empire

How Cath Kidston turned a ‘glorified junk shop’ into a £250m empire | Strategic Business Management | Scoop.it
The past 20 years has seen Cath Kidston go from a one-off junk shop to one of Britain’s fastest growing retailers valued at £250million. So how did one woman turn roses into riches?
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Cranfield School of Management | Mid-Staffordshire hospital: making the right changes

Cranfield School of Management | Mid-Staffordshire hospital: making the right changes | Strategic Business Management | Scoop.it
Mid-Staffordshire hospital has become a classic case of mismanagement and poor care. Lessons learnt are discussed, not just for the NHS or hospitals, but for organisations too.
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BPS Occupational Digest: Autocratic people dampen group collaboration... when the group lets them

BPS Occupational Digest: Autocratic people dampen group collaboration... when the group lets them | Strategic Business Management | Scoop.it
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Leadership Lessons From LEGO

Leadership Lessons From LEGO | Strategic Business Management | Scoop.it
Many of the lessons learned in fatherhood apply, on a certain level, to change leadership. Here are the parallels between building a complex LEGO set and coaching a client through transformational change.
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MOORE LEADERSHIP & PEAK PERFORMANCE: SALES LEADERSHIP...A COACH'S TOUCH

MOORE LEADERSHIP & PEAK PERFORMANCE: SALES LEADERSHIP...A COACH'S TOUCH | Strategic Business Management | Scoop.it
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A Google Google doodle? Search giant celebrates 15 years and a new algorithm

A Google Google doodle? Search giant celebrates 15 years and a new algorithm | Strategic Business Management | Scoop.it
Google doodle invites users to hit a swinging piñata using the space bar to release sweets
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Kotter International - The 8-Step Process for Leading Change

Kotter International - The 8-Step Process for Leading Change | Strategic Business Management | Scoop.it
“ Kotter International - 8-Step Process for Leading Change”
Via Dr. Susan Bainbridge
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Three Differences Between Managers and Leaders

Three Differences Between Managers and Leaders | Strategic Business Management | Scoop.it
“ Stop thinking about your tasks and start talking about your vision.”
Via Dr. Susan Bainbridge
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