The Royal Mail delivers lesson in back to basics

first_img Previous Article Next Article The Royal Mail delivers lesson in back to basicsOn 28 Jan 2003 in Personnel Today Comments are closed. The Royal Mail is sending its new chief executive and three non-executivedirectors on a week of delivery rounds to learn some of the basics of thebusiness. Chief executive Adam Crozier and non-executives Richard Handover, MikeHodgkinson and John Neill will join postmen on their rounds at 5am and help inthe sorting offices. The ‘back to the floor’ initiative is championed by chairman Allan Leightonwho has undertaken work experience in a number of postal roles. The board’snine other members have also gone back to the shopfloor. Jonathan Evans, Royal Mail Group’s company secretary, said all the firm’snew directors would deliver mail, work in sorting offices and Post Officebranches and take calls in customer service centres to help them get a feel forthe business. “Our new directors want to get a good feel for the business not just inthe boardroom but also on the shopfloor – and it’s crucial they do. “We want to make Royal Mail a great place to work, but it will only beby talking to people as they do their jobs, and appreciating what gets in theway of it being a great place to work, then by doing something about it, thatwe will succeed,” said Evans. Related posts:No related photos.last_img read more

Oxford Snatch Dramatic Victory

first_imgVarsity Women’s Rugby Oxford 10 – 7 Cambridge For women’s rugby in Oxford, 2004 was a special year, as both the Blues and Panthers recorded wins on the same day in their Varsity matches and for the first time won in every encounter with the Tabs in league and Varsity fixtures. The 17th women’s Blues Varsity match was a sweet victory for Oxford, having been narrowly defeated in the previous two encounters. Oxford won the trophy from Cambridge in a closelyfought game which ended 10-7, tipping the series even further in the Dark direction – now fourteen wins to Cambridge’s three. For much of the first half there was little between the teams, although Oxford had the best of the possession showing considerably more flair in their game than Cambridge. Relentless work by lock Charl Harris and the other forwards to retain and steal possession meant the backs were provided with good ball which halfbacks Laura McMullen and Rebecca Young exploited well. Following some powerful runs by centre Chris Liciaga and prop Kate Chidgey, it was only right that shortly before half-time, it was Oxford who scored first, as full-back Bethan Walsh completed a penetrating backs move to put the Dark Blues five points clear before the break. However, the breath-taking speed of the Cambridge full-back took Oxford by surprise early in the second half, and the Light Blues ran in an impressive try between the posts, allowing for an easy conversion which gave them a two point lead. Obviously upset by this affront, the heavens opened and unleashed a stream of painful hail on the players which obscured the markings on the pitch and caused numerous handling errors on both sides as the pitch became slow and filthy; perfect for the forwards game which ensued. The Oxford set plays remained solid, with No 8 Jess Gretton exherting some impressive control. Oxford maintained pressure on the Cambridge line for around 20 minutes and when the visitors managed to kick clear, it seemed the chances of an Oxford revival had disappeared and heads began to drop in the exhausting conditions. Despite the loss of inspirational captain Zahler Bryan and prop Katie Smith to injury, the arrival of the fresh legs of Claire Ferguson and Lizzie Hardwick gave Oxford renewed determination. In the 76th minute combination of powerful forwards play and slick backs hands allowed lock Rosie Collins to push over, regaining a winning three point advantage for the Dark Blues. Man-of-the- match was awarded to Kate Chidgey on the occasion of her third Blue. This was the first televised women’s Varsity match, and with the level of skill on display, one can only hope that the profile of women’s rugby within, and beyond the university will rise further. The Panthers had taken to the field earlier in the morning, and, despite having lost thier entire front row with the game only twenty minutes old, secured a hard-fought 10-0 win over the Cambridge second team thanks to tries by scrum-half Sarah-Jane Hogg and inside centre Helen Taylor. They now lead their ARCHIVE: 0th week TT 2004last_img read more

Sweden’s regulator worried by Trump deregulation plan

first_imgHe said that for Sweden, which has a large financial system relative to the economy, international agreements on banking, insurance, and securities were crucial.Thedéen was in Washington and New York last week to meet representatives of the US Securities and Exchange Commission (SEC), the Federal Reserve, and the International Monetary Fund.US draft legislation in the form of the Financial Choice Act was presented to the House of Representatives at the end of April by Republican congressman Jeb Hensarling.The proposal aimed to re-write the Dodd-Frank Law, a wide-ranging set of rules for the American banking system introduced following the last financial crisis. The proposal was also designed to free up access to capital markets for small businesses.However, it has attracted criticism for removing rules that protect consumers and shareholders.“The picture that emerges is that they want to circumscribe the American authorities with more restrictions,” Thedéen said. “This will reduce their room for manoeuvre in international negotiations.”Thedéen also expressed concern that the US would make big changes to how banks dealt with crises.“It is a lesson from the financial crisis that you must have orderly management of banks in crisis,” he said.Thedéen said there was a lot of uncertainty about what would materialise from the draft legislation, and about the key positions in the state apparatus.“My impression is that the US will reduce its commitment internationally, but the question is how much,” he concluded. US president Donald Trump’s plan to reduce financial sector regulation is worrying and could even pose risks for Sweden, according to the head of the country’s financial regulator.Erik Thedéen, director of the Swedish Financial Supervisory Authority, told Swedish business daily Dagens Industri: “It is surprising that someone is prepared to make such big changes barely 10 years after the very deep financial crisis.”It was crucial to have a global foundation network for financial regulation, he said.“Should the US as a dominant player choose a completely different line, in the long run, it could affect Sweden and stability,” Thedéen said.last_img read more