Prompted by this story on executive payouts at Sun, in this podcast I discuss talent and how bonuses and golden parachutes reflect the end of the shareholder value world in mature markets. [...]

From a recent article in the FT:
In an analysis entitled Turning the Tide, Deloitte yesterday said central and local government must seize the opportunity “to take radical steps to emerge as leaner, more commercially savvy entities”. In practice, it argued, the downturn “provides a chance for public sector organisations to drive through reforms they could not necessarily achieve in more prosperous times”. [...]