The I.M.M. recently brought in a Change Management consultant to review our employment philosophy guidelines and he came up with a ‘New Thinking’ proposal. As the precocious stripey-shirted oik was charging us a significant percentage of the National Debt per day to come up with this information, initially we had to take it seriously. His report, a 521 page Powerpoint ‘deck’, remains unread, it’s mostly a cut and paste for something he did for B.P., but we did read the executive summary. Well most of it anyway.

Rufus , our MBA qualified Intern has now transposed this onto a single slide with the Institute’s comments. We apologise for the tardiness of the response but our Chairman was concerned about the font and the shade of red used and whether this was ‘on brand’ or not.

As you can see from the above,  we will be continuing to used the tried and tested I.M.M. thinking which has worked very well for our members, mostly ‘C’ level execs who all successfully rode out the recession. This thinking is also supported by the vast majority of the FTSE 250 roster whose executive pay has also managed to keep pace with top end house price and luxury car inflation which is awful. “Oh to live in a two up two down in Bolton, so much less hassle” is a common refrain at the Club.

The New Thinking concept is prevalent mainly in new start up companies that tend to locate themselves in Shoreditch (in an industrial estate bordered by an abattoir and London’s largest squat). They all sit on Bean Bags full of Fairtrade Llama fur and play table football while eating Quinoa wraps. It’s a wonder they find time to drag their brains from FaceChat to do any work.

In the end, the only person to make any dosh out of this type of enterprise, will be the founder and his mate. Having borrowed 13 squillion pounds to create an App that links together people who have an unhealthy interest in Armadillos with others who are similarly inclined but also vegan, they then sell out to a multinational techie conglomerate who are desperate to acquire the next new thing and have plenty of spare cash because they don’t pay any taxes.

Therefore our conclusion, unanimously agreed over a rather pleasant lunch at our corporate hospitality box was to leave things as is.  Far less work.

Brian’s report, which he has now modified, to reflect what we thought in the first place,  is available to all our members. It is on the website but of course we can fax it over if you prefer and for our luddite contingent a typed transcript is also available. For really busy Thought Leaders a single 3 bullet point summary may also be requested.