Friday, 7 January 2011

The Rewards for Spending More.

In the paper yesterday there was an article about a quango chief who ordered his staff to think up ways they could spend £1 million of public money.

Sir Andrew Cahn the gentleman in question wanted The UK Trade and Investment (the government's business promotion body) "to get money out of the door"

In a time of austerity he stated that the organisation was "heading for an underspend and wants to get money out of the door"

Whilst this gentleman was cought with his pants down (or rather his emails were published in the public domain) this is hardly an isolated instance.

When I was in business it was quite common for departments to make sure they spent all their budget since they feared that they would receive a smaller budgt the next year if they underspent.

This is crazy when you think about it. Surely it would be better to reward departments which underspent rather than penalise them.

The culture needs changing!

Joke for today:- Use the word information in a sentence. Geese always fly information.

On this day:- 7th January

In 1789 George Washington was elected the first USA president

In 1989 Emperor Hirohito of Japan died.

John F.Beaumont

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