Sunday, October 9, 2011

A Typical Management Mistake..!!

In today's management world, it was admitted how the role of "Brokers" is indispensible for business development and contracts’ formalization.. To meet the codes of transparency, governance and quality, it was initiated few years by CorporateUS, then legislatively endorsed; to formalize such a role in what became familiar:
"A Communications Advisor.."

Many officials in governments and corporations still unable to accustom to such new defined role; which more frequently blow up in noisy political and business scandals.. They can't incorporate it in SOW, MoR, Contracts, KPIs, etc..
A typical mindset barrier..!! 

Maybe this recent big one would support the seriousness to enhance, engage and formalize that easy-to-manage role.. yet; very fatal to do business..!!

Fox apologises for giving 'impression of wrongdoing' over relationship with friend as pressure mounts over business meetings in Dubai and Sri LankaAllegations that Fox went ahead with arms deal meeting WITHOUT an MoD official.
Role of Fox's 'friend' Werritty to come under close scrutiny.
Variation in accounts he gave point towards minister hiding something.
New video shows Werritty attending meeting with Fox and Sri Lankan president in London last year.
Fox had previously said his friend never attended formal meetings with overseas dignitaries.
Werritty ran health consultancy firm when Fox was shadow Health Secretary - and then ran a defence consultancy when as Fox was Defence Secretary.

By Simon Walters and Glen Owen
Last updated at 6:07 PM on 9th October 2011

Liam Fox has apologised this evening after conceding that his relationship with former flatmate Adam Werritty 'may have given an impression of wrongdoing'.
In a statement released on his return to London, the Defence Secretary also admitted it was a 'mistake to allow distinctions to be blurred between my professional responsibilities and my personal loyalties to a friend'.
The beleaguered Tory also accepted that their close ties my have given outsiders the 'misleading impression that Mr Werritty was an official adviser.'
'At no stage did I or my department provide classified information or briefings to Mr Werritty or assist with his commercial work - let alone benefit personally from this work,' he said.
'Nevertheless, I do accept that given Mr Werritty's defence-related business interests, my frequent contacts with him may have given an impression of wrongdoing, and may also have given third parties the misleading impression that Mr Werritty was an official adviser rather than simply a friend.
'I have learned lessons from this experience.'
Dr Fox delivered his apology to David Cameron who is expected to make a decision on his future tomorrow after receiving a report on the controversy.


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