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Banking

Why not do something just once? Internecine wars in banks

As a kid, I wondered why Chrysler had a van and Dodge had the same van even though they were in the same group. In recent years, car makers have got a whole lot smarter, with a revolution started by a Spaniard, Ignaki Lopez at VW, who kicked off an industrialisation trend. Far more often […]

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Why save messages if SWIFT fees are fixed?

This week’s post is about how fixed price deals can lead to wonky thinking. In recent years, the good folk at SWIFT have come up with a fixed price plan. Not quite the same as one of those nice all you can $5.99 breakfasts in holiday resort in America, but similar and in fact adjusted […]

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Sleepy fingers. A close cousin of fat fingers.

The Germans like rules. “We hev rules,” as they, and the Swiss, would say. So when a supervisor in a bank approved a payment for 222,222,222.22 million Euros that should have been for 64.20, the price of not obeying the rules was the sack. The rules were enforced even though the error was spotted and […]

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Hire good people when you can not when you have to: HR easily overwhelmed

Downturn. There is an over supply of good people seeking a new job. There is though still what was once termed a “War for Talent”, not Talents as many grammatically challenged German speakers would have it, with their proclivity for putting an “s” where it does not belong. All of the following are wrong and […]

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Nothing to report?

Enough of travel and back to the daily business of controlling the days events. In past Blog posts Ihave written about the difference between Control Reports and Reference reports. This is all about Control reports, which means specifically ones that should show you exceptions. if there are breaks or differences, then your report or screen […]

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More Business Travel. The Ashes Test.

April 2010. London. With its well known complete inability to deal with snow and the ease with which “British Rail” succumbs to something as everyday as “leaves on the track”, the United Kingdom has to be the spiritual home of travel disruption.  With that said, something really unique is in the air. Up in Iceland, […]

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