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Posts tagged Margaret Thatcher

Sustaining interest

May 7, 2013

If something cannot go on forever, it will stop,” said American economist Herbert Stein. That, in a way, is all you need to know about sustainability. If something – a business practice, relationship or raw material that is in limited supply – cannot last, eventually it won’t.

Part of the problem with the discussion about sustainability in business is that the word has been hijacked or twisted by a range of people (where have we heard that one before?). So some might suggest that sustainability is merely something to do with energy use, or pollution, or recycling paper. (more…)

Margaret Thatcher’s procurement legacy

April 17, 2013

Margaret Thatcher’s premiership arguably heralded the biggest changes in the public sector since the second world war. But with the benefit of a vantage point in the Cabinet Office and then the Treasury for eight of the 11 years of her government, my perception is that the initiatives and reforms were practical responses to issues that had to be tackled.

What Baroness Thatcher did was create the environment for innovation and initiative – doing what had hitherto been unthinkable. This was leadership. Only towards the end of her premiership – and probably largely afterwards, did people rationalise these initiatives into a philosophy called ‘Thatcherism’. (more…)

Fuelling the public sector procurement engine

August 2, 2012

The poor performance of the UK economy means that the public sector procurement expenditure of around £230 billion a year will increasingly be seen as a possible route to salvation. So it would not be surprising if the following phrases and policies become increasingly familiar. (more…)