The Ides of May


In yesterday’s Quarterly Inflation Report, Bank of England Governor, Mark Carney commented on “dismal productivity growth persisting longer than anticipated” which he put down in part to a “disproportionate number of low-skilled, low-productivity jobs”.

As tomorrow’s the Ides of May, we shalln’t put the knife today. Rather, we can comment on solutions to low productivity.

Uncertainty has a dismal effect on morale. Morale is the furnace which fires enthusiasm and tempers the desire to produce of one’s best. When leaders are too caught up with fire-fighting, time is not made to reflect and look long across the landscape they seek to cultivate.

The Materials – as you’ll know by now – comprise what matters to that within and generates enthusiasm for productivity. Nuff said.