Management Today

Articles from December

A New Light on Codes
A NEW LIGHT ON CODES A new form of light may be the means for creating unbreakable codes. Squeezed light, as it is called, may even detect gravity waves. By Pallab Ghosh At the height of the British invasion of India in the late nineteenth-century,...
A User Hostile Interface
A USER HOSTILE INTER FACE The personal computer has only been around for the last few years, so it's still fairly primitive. Plenty of design improvements remain to be made James Woudhuysen In pocket computers, the Japanese insist not only on minuscule...
Best British Products
BEST BRITISH PRODUCTS Management Today once again turns the minds of the City's top financial analysts (pictured left) to picking the best of British products for 1989. This year's results range from unexpectedly brave choices like Rupert Murdoch's...
Betting on the Big One
BETTING ON THE BIG ONE San Francisco is not the only place still waiting for the Big One. Share prices have been hit by some nasty seismic shocks in the last few months, and the real issue is whether Nigel Lawson's resignation and the immediate tremors...
Breaking the Boom
BREAKING THE BOOM The plunge in the market for junk bonds, and the headlong equity dive which followed, have the same causes, and they are managerial rather than financial. The boom in bonds, to a junk mountain of $170 billion, began with the reasonable...
Burnt but Not Beaten
BURNT BUT NOT BEATEN Last year's fire at Yellowstone devastated the park. But financial disaster has been fended off. Just recently a man and his wife stopped John Olson in front of Yellowstone's Mammoth Hot Springs Hotel to ask, `Did you have some...
Commerce on the Airways
COMMERCE ON THE AIRWAVES The excitement surrounding the commercial radio stocks hides some fairly fundamental problems. But managers are on to the problems and preparing for deregulation. Endless chatter and pop records, local news, weather and traffic...
Diary of an Expat
DIARY OF AN EXPAT Nothing could prepare one for the surreal experiences as an expat living it up in Kenya--it was all highly privileged for an insecure society living on borrowed time and often borrowed money. But the story also has a moral for managers...
Making the Euro-Cap Fit
MAKING THE EURO-CAP FIT While the British IT services industry is currently blossoming, there is no room for complacency. Last month a frisson of nervous speculation ran through the boardrooms of Britain's computer services companies. Across the Channel...
Managing by Emergency
MANAGING BY EMERGENCY `We won't,' says Nupe's Ron Keating (right). `You will,' says Government, confronting ambulance strikers. Negotiation by confrontation is rarely a satisfactory way of doing business, as the Government has found out yet again. This...
Mario's Bitter Sweets
MARIO'S BITTER SWEETS Mario Maciocia is chief ghostbuster at Alma Holdings. He relishes the taste of success despite the group's burden of debt. In May this year Mario Maciocia, chairman of Alma Holdings, the UK's largest independent confectionery company,...
Muddle Management
BACK SEAT MUDDLE MANAGEMENT Britain is not a high-confidence society. Public transport is perhaps the most common example of disorganisation and contempt for customer service. Travellers have to incorporate possible timetable errors or transport delays...
Pacific Issues Still at Sea
PACIFIC ISSUES STILL AT SEA The first meeting of PM Bob Hawke's Asia-Pacific Economic Cooperation group has flopped. The bureaucrats of Brussels can rest easy. The bustling economies of the Asia-Pacific region probably could not gang up on Europe if...
Room at the Inn
ROOM AT THE INN With a projected 15 million Europeans expected through the Channel Tunnel, a domestic tourist market ripe for expansion and an emerging picture of battling Titans, the UK hotel industry is in transition. Charles Darwent Gideons apart,...
STC's Stronger Signal
STC'S STRONGER SIGNAL Four years ago the big telecoms manufacturer was a stretcher case: not only loss-making but quite possibly, because of its many decades of dependence upon a single customer which also chanced to be a monopoly, incapable of bringing...
Taking Stock of the System
TAKING STOCK OF THE SYSTEM Many companies invest in computer systems which fail to do what they were bought for. The firms then decide that they didn't want the system anyway. But the real value of a manufacturing system emerges only when management...
The End of an Era
THE END OF AN ERA As the '80s end, capitalism seems to have defeated socialism, but it may also be facing its biggest threat yet. The main context for the Government's current disarray is the way that Britain's role within Europe remains unresolved...
The Sacking of the City
THE SACKING OF THE CITY Massive City layoffs have exposed failings in management of staff. As the shake-up continues, managers are learning fast. Three hurricanes hit the City of London in the latter half of October 1987. The instigator of the first...
Wedded Bliss or Bitter Woe
WEDDED BLISS OR BITTER WOE A joint venture may be a marriage of two minds or an absolute disaster necessitating immediate divorce. Christopher Arnheim looks at some simple and early precautions which should help partners to increase the likelihood of...
Western Aid to Free East
WESTERN AID TO FREE EAST Western Europe should provide financial aid to help Poland, Hungary and other Easthern bloc countries become more liberal. It is hard to grasp the magnitude of the changes that are taking place in Eastern Europe. Only yesterday...
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