Previous Article Next Article This week’s guruOch no, just checking ma loose changePersonnel director of Corus Allan Johnston was obviously trying to put adifficult few months of redundancy consultation behind him as a delegate on theannual HR jamboree aboard the P&0 flagship, the Oriana. He donned full Scottish regalia – a striking tartan kilt – and drowned hissorrows at the bar until 2am. In trying to pay for drinks, he surprised the waiters when he rummagedaround in his sporran for his credit card. One of his managers at the steelworks in Newport, South Wales, could have donewith a protective sporran. David Horne was zapped in the testicles with a stungun after he told an employee off for sloppy work. Horne clenched his teeth sohard he later needed dental treatment. The father-and-son assailants pleaded guilty in a Cardiff court to theattack.War of words in numbers game Unpopularity is often a hallmark of being a chief executive but Camelot’schief Dianne Thompson has taken it to a new level. She told the 450 HR professionals on the Oriana that after successfullybidding to become the Lottery operator for a second term she started to receivehate mail. One accused her of being a greedy fat cow who should work for nothing,adding that although it was the season of goodwill he wished a plague andpestilence on her. It all came to a head during the recent scandal over the lost Lotteryticket. Thompson was on a treadmill in her gymnasium when she spotted a fellowgym user reading the front page of the Daily Mirror. It showed Thompson wearinga Victorian skullcap with the headline “Mrs Scrooge”. Ah, the joys ofsuccess. High rollers on the high seas E-technology, work culture, staff motivation and effective communicationwere the serious issues of the day on the Oriana. But at one of the tables in the ship’s Oriental Restaurant diners were moreconcerned about how many HR professionals would wear glasses to dinner, howmany would injure themselves on the dance floor and which Beatles hit the bandwould play first. If it moved, the MD and director of one HR IT solutions company would bet onit. The wager? The loser had to drive the other home – not an easy taskconsidering the size of their hangovers. Wanted: school-leaver for dogsbody E-recruitment might be all the rage but sometimes it can make a dog’s dinnerof it. Mike Johnson, author of Winning the People War, told delegates on theOriana that one company managed to offer a job to a 12-year-old schoolboy. Hismother informed the company that he couldn’t come to work that day because hehad a maths test at school. In another case, a headhunter attempted to recruit a dog called Neville.Quite how Neville managed to use a PC is uncertain. His career was short-livedand the office yucca plant has never been recovered. Neville should go to Denmark, where a company called DMZ employs a dog inits reception. When staff feel the urge they can take it for a walk. Comments are closed. GuruOn 15 May 2001 in Personnel Today Related posts:No related photos.
War with Iraq may damage businessOn 17 Sep 2002 in Military, Personnel Today Related posts: Comments are closed. Previous Article Next Article Businesses are bracing themselves for the consequences of war in the MiddleEast. A war with Iraq took a step closer following Tony Blair’s call for actionduring his address to the TUC annual conference last week. John Philpott, chief economist at the CIPD, said a war could damagebusinesses and jobs. “If oil prices go up because of a war it wouldincrease costs, and put firms under pressure. “During the Gulf War, people stopped flying as they were worried aboutterrorism. That would have an impact on business, especially long-haulcarriers,” he said. Philpott also thinks inflation and interest rates would increase as a resultof a conflict. Last week, Rod Eddington, chief executive of British Airways, said thataction against Iraq would damage airlines. The TUC Congress passed a motion opposing unilateral military action againstIraq without the United Nation’s authority. Features list 2021 – submitting content to Personnel TodayOn this page you will find details of how to submit content to Personnel Today. We do not publish a…
An Oxford PhD student in Bio-Chemistry has claimed to have developed a new product to ‘make hair loss a thing of the past’.The product’s means of preventing baldness are still secret as it has not yet been patented. The creator, Thomas Whitfield, said it should be available for purchase within the next 12 months.Whitfield promises that the product will offer a favourable alternative to existing ‘inconvenient’ and ‘very, very expensive’ techniques.The product, ‘TRX2‘, takes its first two letters from the Greek word ‘trichos’ for hair, whilst X2 signifies the ‘second generation of hair’.
I was amazed to read the start of the piece by David Powell on fruit bagel bars in the British Baker Recipes Supplement of February 24. He asks: “Who says bagels have to be round?” The answer is anyone who eats bagels. You may choose to call something a “fruit bagel bar”, but if it’s not round, if it doesn’t have a hole, if it’s not dense and chewy it certainly isn’t anything I, and millions of others, would recognise as a bagel.I know that strip-products are available in the US and are called “bagels” but they are not bagels and it would be most unfortunate if such products were to be introduced into the UK as “bagels”.Peter Backman, MD,Horizons For Success, London
Nottinghamshire-based pie maker Lime Tree Pantry has increased its online sales by 600%, in one week, after it received grant from the Food and Drink iNet to redevelop its website.Sales rocketed from an average of £333 per week to more than £2,331 in the first seven days following the launch of the new site, designed by Voice Brand Design.Lime Tree Pantry, which produces more 10,000 fruit and savoury pies a week, received a £5,967 Innovation Support Grant, which the firm match-funded. The website was then given a major facelift with the aim of encouraging more traffic to the site and in turn more orders.Managing director Damien Toms said the firm is “absolutely delighted” with the new website. “Voice Brand Design have opened our eyes to what using a professional marketing agency can do for sales. It has delivered on all our objectives and I am confident that the site will continue to smash targets and help us to reach new customers.”Funded by East Midlands Development Agency (emda), the Food and Drink iNet is managed by a consortium, led by the Food & Drink Forum and including Food Processing Faraday, Nottingham Trent University, the University of Lincoln, and the University of Nottingham.
The OJK has not responded to the Post’s request for comment at the time of writing.Hariyono hinted that Bank Mayapada would be upgrading to a BUKU IV bank, or banks with a core capital of over Rp 30 trillion (US$2.08 billion), upon completion of the deal. The bank is now in the BUKU II category with a core capital between Rp 5 trillion and Rp 30 trillion. Throughout the year, shareholders have been funneling funds to strengthen the bank’s capital. Read also: Letting BI supervise banks could backfire, experts warnIt received a deposit of Rp 1 trillion by its controlling shareholder in two injections worth Rp 750 billion on July 1 and Rp 252 billion on April 24, according to its statement on July 3 as published by the Indonesia Stock Exchange (IDX).PT Mayapada Karunia channeled Rp 230 billion out of the Rp 252 billion in April, while PT Mayapada Kasih funneled Rp 22.09 billion, according to a statement on the IDX website on April 28. “The fund placement strengthened [the bank’s] capital and is part of the company’s plan to carry out rights issues in 2020 worth a total of Rp 4.5 trillion,” the bank’s statement says.A rights issue is usually offered when a company needs to raise capital by offering its shareholders the chance to buy newly issued shares at a discounted price. In the first quarter of this year, Bank Mayapada’s net profit plunged by 44.52 percent to Rp 79.22 billion from Rp 142.78 trillion in the same period last year.Its non-performing loans (NPL) stands at 6.94 percent as of March 31, up from 4.99 percent last year and above the OJK health threshold of 5 percent. The banking industry’s NPL, on the other hand, is at 2.77 percent in March, showing an upward trend as people’s purchasing power declined during the pandemic.Bank Mayapada’s shares, traded on the IDX under the code MAYA, have lost 28.57 percent of its value as of Monday. Throughout the same period, the finance sector was down by 17.5 percent while the benchmark Jakarta Composite Index declined by 19.61 percent. Read also: Bukopin inches closer to solving liquidity problems, regaining customer trustAviliani, a senior economist at the Institute for Development of Economics and Finance (Indef), told the Post on June 12 that foreign banks were attracted to Indonesia’s banking industry for its growth prospects. “Investing in developing countries, including Indonesia, is seen to have very big market potential. Secondly, they [foreign entities] see that the profit margin is still quite high,” Aviliani said.There have been several notable foreign acquisitions of Indonesian banks this year. In June, the OJK confirmed KB Kookmin Bank’s acquisition of Bank Bukopin with a $200 million deposit into an escrow account as part of the South Korean bank’s commitment. In May, Thailand’s Bangkok Bank completed the acquisition of Permata Bank through a $2.3 billion deal. Despite falling net interest margins (NIM), Indonesia’s banking industry’s NIM was still considered attractive relative to countries in the region, she added. According to OJK data, Indonesia’s NIM was at 4.57 percent in April. Meanwhile, Bank Mayapada’s NIM was recorded lower at 3.03 percent as of March 31, a significant downfall from 6.78 percent booked last year.Topics : Taiwan-based Cathay Life Insurance, a subsidiary of Cathay Financial Holdings, is preparing to increase its ownership of PT Bank Mayapada Internasional (Bank Mayapada), the bank’s executive says. The publicly listed insurance company now owns 37.33 percent of Bank Mayapada, making it the bank’s biggest shareholder, followed by PT Mayapada Karunia Corporation, which owns 26.42 percent of the total shares. “Cathay Life insurance is one of the controlling shareholders of Bank Mayapada at the moment. They do have a desire to increase their ownership as part of their long-term strategy,” Bank Mayapada president director Hariyono Tjahjarijadi told The Jakarta Post on Monday. “In regard to the number of shares, what the composition of ownership will look like and when, are still being prepared by Cathay.”Read also: Government gives LPS more power to prevent bank failureThe Financial Services Authority (OJK) has reportedly given Cathay the green light to acquire 51 percent of the bank’s shares or more, which will make Cathay majority shareholder.“Cathay is doing its due diligence right now,” OJK deputy commissioner for banking supervision Slamet Edy Purnomo told tempo.co on Sunday. “As long as it has a commitment to better bank development, Cathay is a major company that doesn’t need to be doubted anymore.”
It is the first of May, and that means it is time for the Kentucky Derby. Unlike last year when everyone believed that American Pharoah would win the Derby, this year’s field seems to be much more open. The top 10 hopefuls are Gun Runner, Nyquist, Exaggerator, Outwork, Brody’s Cause,Creator, Lani, Mor Spirit, Mohaymen, and Danzing Candy.One thing you can be sure of, the crowd will be large, the Derby field will be huge, and someone will hit it big at the windows. Have fun, put your bets in and see what happens.
The latest initiative comes amid enhanced efforts by the government to conserve Kenya’s ecosystem which has for years suffered degradation threatening the livelihoods of thousands of its citizenry.Also Read Kalonzo applauds Senate for ending revenue stalemate While announcing the campaign, President Kenyatta pointed out that the initiative fits within the ongoing national hygiene programme commonly referred to as Kazi Mtaani and will compliment ongoing efforts made towards improving environmental and sanitation conditions across the country.Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153 A campaign that seeks to boost the country’s environmental conservation efforts is set to kick off on Tuesday. Dubbed ‘Cleaning Up Kenya Campaign’, the initiative was announced two weeks ago by President Uhuru Kenyatta during the launch of the Michuki Memorial Park in Nairobi.National Government Administration Officers at the local level will be tasked with partnering with local communities and stakeholders to enhance environmental restoration, conservation and management. The president directing respective government officers to ensure ecosystems and general environment in their areas of jurisdiction are cared for.Also Read 2/3rd gender headache: Maraga calls for dissolution of ParliamentThe head of state saying that those who fail to implement the projects risk the sack while promising to reward those who record exemplary performance.Also Read President Uhuru to make remarks in the 75th Session of UNGA
Former Everton and Manchester United boss David Moyes believes failure in Europe has exposed declining standards in the Barclays Premier League. Moyes is manager of Spanish side Real Sociedad, a job he took up in November. He has been linked with a return to England with West Ham, where Sam Allardyce remains in charge, but appears comfortable in the Primera Division. Press Association While Spanish sides have flourished in Europe this season their Premier League counterparts have struggled, with none left in the Champions League or Europa League after Arsenal, Manchester City, Chelsea and Everton bowed out this month. Moyes said on BBC Radio Five Live’s Sportsweek programme: “It’s not been too long ago where we were looked at as probably having the best teams, and it does change. “Chelsea, Manchester City, Arsenal are all exceptional teams in their own right and they’ll be disappointed they went out, and maybe on another day they’d have gone through. “It’s just becoming a wee bit of a habit that we’re not getting our teams quite as close to the final as we had in the past. “I think this year you’d have to say it’s probably the poorest Premier League I’ve seen in a long, long time. “Maybe we do go over the top and recently we have maybe talked up the Premier League more than what it’s actually been. There’s other leagues which are certainly now comparable.” Moyes expects to return to the Premier League, but not in the near future. “I think someday I will,” he said. “I’ve left when I didn’t expect to be leaving but what I’ve taken on is a great job. “I love working in Spain.”