> I have a pet theory based on the car industry that the really toxic thing is British labour relations
I don't think that many people will disagree with you on this theory.
I don't think that many people will disagree with you on this theory.
Every large company in the UK has a significant union. Not every large company has failed. Some company failures have been exacerbated by unions, british leyland being one example.
The really toxic thing is financial short termism. It used to be results in a year, which was very bad. Now they want results in under a quarter which is to value generation as acid to chalk.