Excellent afternoon from London. Twenty years immediately after the collapse of strength team Enron, memories of the scandal are fading. How would you remind executives to steer clear of a repeat of earlier company problems. Also, the next FT Small business Training position is on us.

Penned and edited by Wai Kwen Chan and Andrew Jack.


FT company guides

From the politicisation of the office to utilizing approach in difficult periods, in this article are the top rated titles for November and December.

FT European Company Educational facilities 2021 rating

It is that time of yr once again and we are not chatting about Christmas. On December 6 Monday, we will expose the prime small business faculties in Europe dependent on their functionality in various rankings. Look out for this on rankings.ft.com/property/regional-rankings and examine our coverage on ft.com/european-company-faculties. The first tale was revealed this morning and appeared at what can business faculties train a spouse and children business?

Sign up for us for the FT’s ‘Future of Company Education: Highlight on MBA’

We will be holding a digital party on Feb 23 Wednesday 2022 with FT Editorial and top rated enterprise faculties sharing insights about the FT MBA position, liable enterprise education and learning, innovation and the upcoming of the MBA in a publish Covid-19 planet. Register for absolutely free on: https://businesseducation.reside.ft.com.

Company college professor advisers sought

We are interested in hearing from small business educational institutions and their professors ready to support as advisers, figuring out relevant FT content that is beneficial in their training and investigate and encouraging discover approaches to share it. Get in contact at [email protected].

Be a part of our Foreseeable future of Work live celebration

The remaining installment in the FT’s Potential of Perform series will characteristic a mix of interviews, panels and useful workshops to equip you with the expertise and expertise to thrive in a new world of get the job done. Register now for this occasion — using position on December 1 from 9.30 to 14.30 GMT.

Andrew Hill’s administration challenge

Enron submitted for bankruptcy 20 several years back this week. As I produce in my column, today’s board directors need to know about this scandal and other folks, since, as the scandal fades in memory, the hazard that they repeat previous problems will increase.

At the 10-yr anniversary of Enron’s collapse, I proposed administrators should retain a copy of the group’s hubristic very last letter to shareholders on their desks, like Renaissance scholars held a skull to remind them of their mortality.

For my management challenge, propose at the very least one way in which directors and executives may be nudged to recall this and other corporate cautionary tales? An annual “Enron day”? A very simple calendar reminder? An on-line training course in company failure? Mail your thoughts to [email protected]

Very last 7 days I requested for recommendations of a elaborate solution or support ripe for simplification. On Twitter, @PaddingtonCares came up with a worthy candidate: the regulation and grievances approach in social housing, which is “in dire have to have of overhaul”. The tweet states: “It requires significantly way too prolonged to supply outcomes, and is also difficult for lots of to obtain.”

In even more reading this week, I very commend extracts from the three proposals that are by means of to the last of the FT/McKinsey Bracken Bower Prize this calendar year. The winner will be declared on December 1 (and you can be a part of the pleasurable on line), but in the meantime appreciate insights into cyber security, the long run of higher training, and the struggle in opposition to local weather improve, from, respectively, Manuel Hepfer, Ines Lee and Eileen Tipoe, and Melissa Zhang. The £15,000 prize will be on present yet again next year, so if you have great organization e book ideas and will nevertheless be underneath 35 next November, glance out for it.

Facts line

Each and every calendar year, alumni from faculties taking component in the FT EMBA ranking expose their salary development. Recent salaries display there is even now a shell out gap amongst male and female alumni, with adult men reporting, on typical, a base salary of $20,000 much more than girls, compose Sam Stephens and Leo Cremonezi.

Feminine alumni, nonetheless, have a greater proportion wage improve in comparison to their male counterparts regardless of the significant pay out hole. About the a few years given that completing their experiments, feminine alumni salaries rose by 64 per cent, on average, when compared with the amounts in advance of they commenced their EMBA, whilst it is 61 for each cent for males. Woman graduates from Asia-Pacific boast the largest regular income boost of all alumni at 78 for each cent.

Bar chart of Current wage increase of alumni salaries from before their EMBA  compared with now, split by gender and location showing Executive MBA female alumni have a higher percentage salary increase compared to their male counterparts

Additional examination of the FT’s EMBA position can be found right here.

Perform and occupations roundup

  • We have all witnessed colleagues who are bluffing, having not finished their research. Right here are ways to place those who are ‘winging it’ at function.

  • After overcoming ageist setbacks in their professions, two mates kickstarted training programmes with world ambitions. Find out how to prosper as a mid-existence lady in the artistic industries.

In 2021, Jane Evans (remaining) and Carol Russell, published a book identified as ‘Invisible to Invaluable: Unleashing the Power of Mid-Lifestyle Women’

Go through a lot more functions on ft.com/do the job-careers.

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Best reads from enterprise faculties in the earlier 7 days

Boris Johnson announces steps to incorporate spread of Omicron variant Uk functions as more circumstances detected in Europe and Asia-Pacific countries tighten journey restrictions. Also, shares slide most in a 12 months on worry more than the new coronavirus variant.

Line chart of Stoxx 600 showing European shares have fallen from record highs

Chinese hypersonic weapon fired a missile over South China Sea The Pentagon struggles to understand how Beijing mastered the technology.

The Pentagon believes China launched the hypersonic glide vehicle on a Extensive March rocket, observed below at the Wenchang Space Centre on China’s southern Hainan Island last calendar year © AFP via Getty Images

Jamie Dimon apologises two times after declaring JPMorgan will outlast China’s Communist bash The Wall Avenue main suggests he must not have designed the remarks pursuing a go to to Hong Kong.

Jamie Dimon at the French headquarters of JP Morgan lender in Paris, June 2021 © AP

Again difficulties

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