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March 31, 2008

Adam Applegarth, Northern Rock, Pay-offs and Beards

Before

Never trust a man with a beard, according to City of London folklore. If only Adam Applegarth had outed himself as a beard-wearer before he led Northern Rock crunching into the dirt. Quite apart from the £25 odd billion of debts he left the British taxpayer, we might have avoided seeing the Rock wrecker with a massive pay-off. At £760,000, it is surely one reward for failure that could do with a decent shave.

The initials of this disgraced chief executive may have sent backers barking up the wrong tree too. Far from deserving a AA credit rating, this was a company that sailed so close to the wind it ended up as junk.

I understand that the next World Beard and Moustache Championships are to be held in Anchorage, Alaska. Don't be surprised if you hear that Mr AA has entered - if for no other reason than to give him the excuse to get the hell away from Newcastle, and spiteful little bloggers like me.

Posted by Robert Cole on March 31, 2008 in Finance | Permalink | Comments (1) | TrackBack (0) | Email this post

March 28, 2008

Proof that work is no laughing matter

Abc_gma_dilbert_edit_080221_msWhat do you think of your manager? A dynamic leader or a drunken lemur? If it's the latter, I hope you manage to hide your disappointment unlike Dave Steward, a security guard at Catfish Bend Casino in Burlington, Iowa, who chose to fight back and lost his job. Steward was fired after putting a Dilbert cartoon that compared managers to drunken lemurs on the staff bulletin board. His act of subversion was unfortunately caught on CCTV.

Continue reading "Proof that work is no laughing matter" »

Posted by Clare Dight on March 28, 2008 in Office life | Permalink | Comments (0) | TrackBack (0) | Email this post

March 26, 2008

The Apprentice: week 1

Big_nicholasdelacybrown I have never met Sir Alan or any of his apprentices. Indeed, I've never had much of a desire to watch The Apprentice; I love an ambitious hero as much as the next Macbeth fan but reality show shoutiness is as irritating as nylon knickers. Surely if these people were truly enterprising they'd go and start their own businesses rather than strutting around in front of the cameras boasting about their business ability.

Anyway, I now have a professional interest in the show (ie my boss asked me to watch it), so I am sitting here on Wednesday night with my laptop and only the occasional wistful glance at the football scores so that you can enjoy my real-time review. Or you could just add your own reasons for wanting to slap every single person associated with the show to the comments section. It's up to you.

Continue reading "The Apprentice: week 1" »

Posted by Carly Chynoweth on March 26, 2008 in The Apprentice | Permalink | Comments (55) | TrackBack (0) | Email this post

Star signs in the office

MegIt is almost certainly a quirk of birth but I know a lot of Steves aged about 40 years old who live in the South East of England. This is excellent news should I be in need of a man to wine and dine me in the manner to which I could easily become accustomed.

A survey of more than 850,000 jobseekers conducted by reed.co.uk suggests that Steves aged between 40 and 50, who are Capricorns, and live in the South of England are the most ambitious people in the UK - ie they expect to earn the most money.

No you don't need to reread that, it does say Capricorns. Now the Steves I know hold a range of positions including bakers, cartoonists, journalists and management consultants. All are extremely nice people who are successful at what they have chosen to do. But none, I think, are Capricorns.

This prompted me to research deeper. Can your star sign really be an indicator of your success at work or earning potential?

Continue reading "Star signs in the office " »

Posted by Carol Lewis on March 26, 2008 in Office life | Permalink | Comments (9) | TrackBack (0) | Email this post

March 24, 2008

Beware falling shares...

Bear_2

Bear Stearns' office stash is now turning up on eBay. Aside from the hard hat, useful if your world is tumbling down round your shoulders, you might be interested in a laptop bag for which the seller cheerfully informs us that "no laptop was ever issued" (perhaps that new recruit should have suspected that something was amiss). Or maybe you will find a use for this cafeteria card. Although the cash-strapped Stearns' employee might do better to use it to lever up the floorboards and see if there's any loose change down there.

Posted by Alice Fordham on March 24, 2008 in Finance | Permalink | Comments (0) | TrackBack (0) | Email this post

March 21, 2008

How the other half sit

It's difficult not to be impressed by the glass office-blocks housing international law firms, banks and the like that are dotted along the Thames and throughout the City. Great shiny factories, complete with brass nameplates, corporate art collections and a cohort of security guards keeping watch over the comings and goings of workers in well-cut suits. The money made by their collective efforts is no less visible. Everything is designed to yell wealth and success.

Or so I thought as I dodged the tourists and raindrops on my daily (ahem, weekly) run. As I rounded a corner and schlepped up an alleyway, the sight of a man at a desk in an open loading bay nearly floored me. How the other half live - or rather sit - out of sight. The guy must have been freezing cold. Still, there are some perks to sliding off the corporate ladder: he was rolling a cigarette.    

Posted by Clare Dight on March 21, 2008 in Office life | Permalink | Comments (0) | TrackBack (0) | Email this post

March 19, 2008

Professionalism and social networking profiles

FacebookjpgRecruitment companies - or at least their press offices - are very worried about Facebook and other online social networking sites. People might put up pictures of themselves drinking, they worry; sometimes they might even say inappropriate things that indicate work or study is not their only source of pleasure.

This month's Fast Company magazine, however, takes a much more sensible approach. "What looks like exhibitionism isn't quite what it seems," writes Rob Walker. "By and large, the versions of self-identity that the young - and not-so-young - users offer up on these sites are not so much confessional as calculated."

Just as dating sites carry profiles of people who are younger, slimmer and just a little more interesting than the real-life person that they represent, so people's web selves on other sites are also carefully-edited versions of reality. "We sign on to promote our own agendas," Walker concludes.

Posted by Carly Chynoweth on March 19, 2008 in Job Hunting | Permalink | Comments (2) | TrackBack (0) | Email this post

March 18, 2008

In a galaxy far, far away

New_grey_2 What do aliens eat? And even if they do a) exist and b) have a compatible digestive system would they choose to cram themselves with crisps? Such musings don't much matter because a brand manager has come up with a clever marketing ploy to get me to write about Doritos. The manufacturer, PepsiCo, is asking imaginative UK punters to come up with an advert that it promises to beam into space from a radio telescope in Norway for 24 hours. The ad should find its way to the "habitable zone" around one of the stars in the constellation Ursa Major only 42 light years away, New Scientist (March 15) reports. Should aliens get the munchies, they'll be so grateful.

Meanwhile back on earth, some Danes are apparently less than grateful to Ikea which stands accused of cultural imperialism, or so BusinessWeek (March 24) reports.

Continue reading "In a galaxy far, far away" »

Posted by Clare Dight on March 18, 2008 in Marketing & Sales | Permalink | Comments (0) | TrackBack (0) | Email this post

March 17, 2008

Bear Stearns

Bear_2

Malice - albeit tinged with a wry smile - leads me to point you in the direction of this part of the Bear Stearns website. In case the page is taken out, as it will be if there is anyone at the US bank able to concentrate on such mundanities as doing their job, I post the relevant quote here, for posterity.

Welcome to Bear Stearns If you're really good at what you do, you probably have a lot of choices when it comes to taking the next step in (or starting) your career. But if you can tackle complex challenges with creative solutions, and want to be able to make your mark quickly regardless of title or tenure, we think your only real choice is pretty clear. Why let someone else drive your career?

Oh dear.

Posted by Robert Cole on March 17, 2008 in Management | Permalink | Comments (0) | TrackBack (0) | Email this post

March 14, 2008

Regional buzzword bingo

A survey published today by TipTopJob.com suggests that different buzzwords wind people up differently depending on where they work in the UK.

In Wales, workers have voted "touch base" the most annoying piece of management jargon; in Scotland, it is "at the end of the day"; while in London, "play it by ear" gets our goat and our vote.

Whether this a true reflection of the annoyance of certain terms or whether these words are used more frequently, and therefore, are more likely to be more annoying in these areas, I'm not sure. But here is the full run down of what annoys people most:

Wales

1. Touch base

2. Believe you and me

3. Play it by ear.

Scotland

1. At the end of the day

2. There is no I in team

3. Play it by ear

Continue reading "Regional buzzword bingo " »

Posted by Carol Lewis on March 14, 2008 in Buzzwords | Permalink | Comments (6) | TrackBack (0) | Email this post

about snakes and ladders

  • Snakes and Ladders is the blog for anyone who wants to get ahead in the corporate world. We aim to demystify management, expose corporate madness and remind readers that no one with access to the internet should ever be bored at work. We depend on getting stories and tips from those of you hot-desking at the coalface of corporate life, so please send us your views or just an e-mail to say hi.

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  • Parminder Bahra is the executive editor of Times Online


    Carly Chynoweth is a deputy editor of Career in The Times


    Robert Cole is a leader writer on The Times


    Carol Lewis is the editor of Career in The Times and Times Online


    Sathnam Sanghera writes the Business Life column in The Times

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