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Author Topic: I am so naive...  (Read 1232 times)

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Lizzie_Zoom

  • Guest
Re: I am so naive...
« Reply #15 on: 18 January 2011, 12:46:43 »

To further expand on my earlier post, I will say that for those of us who have managed very large commercial operations in a "business", knows it takes at least 6 months to settle into your new role and get a handle on what the previous incumbant has been doing, let alone turn the business around.  A Chairman of our company once put it into these words for me; "it takes a huge amount of energy and time to turn a supertanker around from its previous course, and turning a large business around is the same!"

You get to know the P & L, along with balance sheets, relatively quickly, but to organise a proper and effective way forward takes planning over far longer than a few hours!

The Coalition has been in power just over 7.5  months, and their six months settling in period is up, but to start to turn around the colossal and complex business of UK plc will take considerably more time. 

For those who have never been in a senior position within a huge international company you perhaps cannot understand what it takes, but believe me to turn around the UK economy and show positive results will take time.  Up to 18 months I estimate!

Be patient, have faith, and go with it.  If in 18 months the situation is no better, then I will be one of the first to shout loudly, but not yet! ;) ;) ;) 
« Last Edit: 18 January 2011, 12:47:46 by Lizzie_Zoom »
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albitz

  • Guest
Re: I am so naive...
« Reply #16 on: 18 January 2011, 14:14:51 »

Imo interest rates need to start rising quickly, or we are going to be in more trouble with high inflation.
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Lizzie_Zoom

  • Guest
Re: I am so naive...
« Reply #17 on: 18 January 2011, 14:54:09 »

Quote
Imo interest rates need to start rising quickly, or we are going to be in more trouble with high inflation.


Seems like the Bank Of England are starting to discuss that possibility Albs , and many financial experts are also forecasting they will rise. 

There are far too many people who are now seeing their savings producing next to no return, but rising inflation is eroding their capital :'( :'( :'(
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