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Employment

Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

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Dear Guy Hands: how to work with rock stars

by Matthew Rock - Tuesday, 15th January 2008 -

New EMI boss Guy Hands has ruffled sensitive feathers among his rock star artists. Here are our tips for the private equity king.

Only months after Guy Hands' private equity firm Terra Firma acquired music empire EMI, mega-egoes such as Robbie Williams and Radiohead are already wimpering about their treatment under their cruel new masters. Today EMI announced that some 2,000 jobs around the world will go as it aims to reduce costs by £200m a year.

Creative folk require sensitive handling. Many an entrepreneur in the creative industries has expressed exasperation about the management challenges they face.

A couple of years ago, we asked Phil Fraser, an advertising account director at The Brahm Agency, to give his tips to entrepreneurs on handling advertising and creative agencies. He quoted this hilarious, real brief as an example of how not to brief creative people:

“We already have a design, we’re not planning to consult professional designers, because we knew there wasn’t enough money. I can show you some roughs now of the design we’d like to work up. We can give you a pretty good idea of the spec after the weekend. We’ll have first draft of the copy soon. We want to do some digital photos for positional, but we’d need to spend money on film for the real shots. We need the Quark file for the letterhead, so we can take off the bits we need for the grid (what face is the ‘nm’ in?). I can do all the artwork on one of my father’s Macs, and produce some seps which we can get run off as film or bromide at a bureau in Cambridge, where it is bound to be cheaper than London (unless you have a contact who will do it for free) - likewise printing.

“The budget we will need will be for photographic film, bureau film or bromide x 48 (that’s four seps each for FC, IFC, eight pages, IBC, BC), paper, printing, folding, and binding. We will do the delivery and collection and all other work, plus free consultancy from my father and anyone else we need to drag in.”

To read a full version of Phil's tips on "how not to work with rock stars - or their ilk", check out his original article.

BUSINESS NEWS >>

“What’s in Great Britain’s shop window?” asks Dragon

By Rebecca Burn-Callander - November 19, 2008 2:36pm GMT

James Caan has lambasted the UK for its lack of a unified brand. “You want manufacturing, you go to China. What does Britain do?” he asked attendees at a T-Mobile roundtable discussion.

ASOS cashes in on the young pound

By Charlotte Burn-Callander - November 18, 2008 3:49pm GMT

On-line fashion retailer ASOS reported an impressive 68 per cent increase in pre-tax profits to £4.1m. Bucking the downward trend on the high street, its sales in the first half of the year have more than doubled to £67.5m.

Stelios's wrangle with directors continues

By Rebecca Burn-Callander - November 18, 2008 11:47am GMT

Stelios' row with the EasyJet board has yielded new headlines. In the wake of arguments over the future of the company, the millionaire founder has refused to sign off the firm's accounts.

Laying the bait: How to hook customers

By Kate Pritchard - November 18, 2008 10:05am GMT

Darren Tilley knows a thing or two about customer service. The founder of £8m-turnover chauffeured transport firm Driven Worldwide hasn’t lost a single client in the past few years.

Toni & Guy makes big bucks with franchising model

By Rebecca Burn-Callander - November 17, 2008 5:21pm GMT

“McDonalds was the first franchise on the high street. We were the second,” says founder Toni Mascolo.


BUSINESS COMMENT >>

Global Entrepreneurship Week begins...

By Matthew Rock - November 17, 2008 9:50am GMT

And, boy, do we need it...

Hold onto your sides: it's the Friday funnies

By Rebecca Burn-Callander - November 14, 2008 3:44pm GMT

Take five and have a little chuckle at the best business humour around.

The entrepreneur's Shakespeare

By Kate Pritchard - November 14, 2008 3:09pm GMT

We're happy for you to vent your grumbles and groans about the economic downturn on our website. So when Nick Redford, managing director of recording studio Unit58, sent us a poem about the credit crunch, we couldn’t resist sharing it with the rest of you.

Can you bottle entrepreneurial spirit?

By Rebecca Burn-Callander - November 13, 2008 3:39pm GMT

The scientists say we can. But who wants to pop “risk pills”?

The Last Millionaire explodes onto our screens

By Rebecca Burn-Callander - November 13, 2008 12:16pm GMT

It’s a familiar format: a gaggle of businesspeople are thrown together to meet a series of challenges. But the entrepreneurs on this show have already made their millions. They’re being forced to start from scratch with no money and no help in unfamiliar territory. RB’s already hooked.


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