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

The Master Key System

Hi,

I'm reading a good book called The Master key System by Charles F. Haanel.

It was originally published in the early part of the 20th century although it is still relevant today.

Very thought provoking although the language is a bit dated.

Thought for today:- Are you reading any good books which are making you think?

Todays joke:- A quarter of all married men kiss their wife goodbye when they leave the house.Of these same men 90% will kiss their house goodbye when they leave their wife

On this day:- 7th December

In 1941 Japan attacked Pearl Harbour

In 1991 the Serbs bombarded Dubrovnik

and in 1783 William Pitt became prime minister at the age of 24.

John F Beaumont