A tough flight to quality

Article Abstract:

There can be considerable challenges for small businesses in the UK seeking to obtain the kitemark, which is licensed out by the British Standards Institute to companies qualifying for the ISO 9000 series of management, product and procedures certificates. Indeed, some observers question whether the cost and effort involved for small companies in obtaining a kitemark are really justified. It is possible that seeking to meet the standards required for ISO 9000 actually reduces flexibility and innovation.

Administration of General Economic Programs, Admin. of general economic programs, Small Business Administration, Standards, Small business

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Nerves of steel

Article Abstract:

It is not possible to guarantee that there will be no compulsory redundancies at British Steel, but there are no plans for wholesale ones, according to Chief Executive Sir Brian Moffat. He wishes to make British Steel the first genuinely global steel company, and is looking for acquisitions, especially in Europe and North America. However, he believes that too many vendors of potential acquisitions are not realistic about their sales terms.

Iron and Steel Mills, Blast furnaces and steel mills, Raw Steel, Officials and employees, Interview, Steel industry, British Steel PLC, Moffat, Brian

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Fat-cat flap

Article Abstract:

Well-paid UK executives do not earn as much as those in the US, according to the director of remuneration at Hay Management Consultants, Damien Knight, whose company has conducted a survey of executive pay. According to Hays, the majority of UK companies are only giving large pay rises to executives if performance has improved. In 1999, 19% of directors on main boards did not receive a pay rise.

United Kingdom, Compensation and benefits, Executives, Executive compensation

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