Must “Rich” be Defined in Monetary Terms?

This article is not about business but about values and beliefs – and my personal ones at that. Having said that, I frequently recommend what I am about to share with you to mentoring clients.

I came across this wonderful poem about 35 years ago and it has haunted me ever since.

I’ve been incredibly lucky Continue reading

The Legacy of John Harvey-Jones

A great business leader, Sir John Harvey-Jones, died last month. For those who are not aware, he was a leading light in the UK business community since the early 1980’s when he rose to public prominence as the chairman of ICI, which he guided to be one of the most successful companies in the UK if not the world.

But to most people in the UK he is best remembered as the star of the “Troubleshooter” television series where he Continue reading

What Makes an Effective Chairman of the Board?

I was chatting recently with Dermot Hill of Intramezzo who posed this question. Given my experience as a Chairman and my love of this role, it set me thinking. Note that I’m going to use the word “Chairman” in a non-gender specific context in this article.

Companies appoint a Chairman for a variety of reasons. If they are about to float, or are seeking external investment, they may pick someone who is acceptable to the “money men” and who has contacts in that arena rather than going for someone who can add real value to the companies proposition. But I suspect Continue reading

The Pygmies are Taking Over the World

As an entrepreneur, I have created many businesses. And these businesses need certain advisers like lawyers and accountants. Like many of you, these “species”, and I use the word advisedly, are not my most favourite people as they cost me lots of money and don’t appear to deliver much value.

Recently I was with one of these advisers and the conversation was not pleasant. In fact it made my blood boil. In a nutshell, I was asked, point blank, why I wasn’t making more money currently. Notwithstanding the incredible rudeness of the question, I was appalled that this came from an adviser that Continue reading