The peace dividend is proving mighty expensive for the British Army, as Management Today discovered on a trip to Bovington, home of the Royal Armoured Corps. As our reporter wielded the joysticks of a Challenger 1 tank, he noticed that nearby workshops were filled with veteran 30-year-old Chieftains. A soon-to-be-made redundant captain explained that the army, which has to dispose of the tanks under the arms reduction treaty, could not afford to do so by cutting them up at a cost £30,000 each. The latest wheeze is to fill the tanks with concrete and lower them into the sea off nearby Weymouth, where they will be incorporated into sea defences. It's a novel way of turning swords into ploughshares.
After a management buyout, car valet business MotorClean found private equity backing a double edged sword.
Whether that's a good thing is up to you, says author Steven van Bellegham.
Leadership from a distance requires a careful study of human nature, says L&D specialist Sudhakar Sampath.
Set up shop and they shall come? Not so fast, says private equity investor Chris Hurley.
Moving office? Restructuring? New IT system? Change needn't be painful if it's managed well.
Finding time, living fearlessly and leading at speed are on this month's boardroom reading list.