Business Tesco’s chief hits out as profit warning hits shares The new boss of Tesco has attacked his predecessors for adopting “artificial” tactics to hit aggressive profit targets in the final few months of each financial year. Tesco’s shares plunged by 10 per cent to 168p on a warning this morning that the chain’s profit for the year to February will be no more than £1.4 billion, well short of the £1.94 billion that investors had been anticipating. Dave Lewis, chief executive, said his efforts to turn around the business were costing £500 million.
Investment share tips, guides and advice We recently quoted Thomas Gilovich writing about financial reportage in the context of the innate human desire to be entertained: ‘The possibility of inaccuracy obviously increases enormously when the worth of the message is measured by how well it entertains rather than how well it informs.’ The ‘ne plus ultra’ in investment commentary surely comprises all of the Reithian principles – inform, educate, entertain – and no two of these aspirations need be mutually exclusive. An extra dimension to this debate comes from tackling semi-solicited financial advice, its value – if any – and the form which it takes. One of the more notorious stock tipsters and self-appointed but network-endorsed financial gurus is Jim Cramer, founder of financial website TheStreet.com and president of hedge fund Cramer Berkowitz.
Insider Report on Big Pharma’s Corrupt Marketing and Phony Science Francois T pointed to a post at the blog Health Care Renewal that summarizes an important insider report at the British Medical Journal on how much so-called medical research is of dubious validity, and performed to give talking points for marketing rather than to improve the lives of patients. The reports on the corruption is big Pharma “research” are so rife that this account hardly qualifies as news. For fun, I dug up the notes from a 2004 study in which I interviewed some experts on drug company marketing.
How to Make Decisions - Decision Making Tools From MindTools.com Making the Best Possible Choices How to make good decisions, with James Manktelow & Amy Carlson. Imagine that your company has been expanding rapidly over the past 12 months. Sales are up 50 percent, but costs and overheads have also increased, so your operating profit has fallen. Why full disclosure is healthy - health - 14 February 2012 Do British people know enough about the financial interests of those writing health articles? Time to toughen editorial codes LAST year, the BBC News website published an article that questioned if psychological therapies were enough to tackle the rise of depression in the UK. "Is it time," asked the author, "to question our seeming obsession with talking treatments?
SWOT Analysis (Strengths, Weaknesses Opportunities, Threats) Discover New Opportunities, Manage and Eliminate Threats Find out more about SWOT, with James Manktelow & Amy Carlson. SWOT Analysis is a useful technique for understanding your Strengths and Weaknesses, and for identifying both the Opportunities open to you and the Threats you face. Used in a business context, it helps you carve a sustainable niche in your market. Used in a personal context , it helps you develop your career in a way that takes best advantage of your talents, abilities and opportunities. This article looks at how to use SWOT in a business context.
Giving Feedback - Communication Skills Training from MindTools.com Keeping Team Member Performance High, and Well-Integrated Watch this video to learn how to give feedback effectively. "Performance review." Does the mere mention of this event make your heart sink?