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“Since the beginning of the year, our hiring has increased dramatically”. This is a common theme amongst HR professionals who work in the City and Canary Wharf and is very much reflected in the offers we see coming through every day. Recruitment has resumed at all levels and all sectors, however, interim roles seem to be lagging a bit. Job hopping seems to have accelerated as well as people are mostly disappointed at their bonuses and are jumping ship at the first opportunity available. Is it sustainable? Only time will tell.
Along those lines, I am delighted that professor Michael Mainelli who co-founded Z/Yen, the City of London’s leading commercial think-tank is our author this month. In 2007, Michael launched the Long Finance initiative which aims to “improve society’s understanding and use of finance over the long-term”, in contrast to the short-termism that defines today’s financial and economic views. His views are progressive and his style unsurpassed.
This month we are also delighted to be hosting an article by Christopher Jones-Warner, a Fellow of the Chartered Institute for Securities & Investment and a superb trainer and presenter. Christopher, knows that there is a better way to handle business relationships and in his article he shares his thoughts on how we can adopt simple techniques that will make our relationships work.
Finally we will be catching up with Patrick who has now reached Chile and has some interesting thoughts on how to apply risk management principles on the bleeding obvious.
Long Finance: Implications For Compliance
By Professor Michael Mainelli, co-founder of Z/Yen, City of London's leading commercial think-tank |
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Compliance or Collapse?
The two big themes of our times are globalisation and sustainability, space and time. Globalisation makes you think about equitable dealings across the world. Sustainability makes you think about future generations. Commercial transactions and money are inextricably linked to trust in the community. Each transaction with another person links us just a little bit more to the other person’s societal mores, them to ours, and both of us to the future. This leads to my Zen koan - “If you have some trust, I shall give you trust. If you have no trust, I shall take it away from you.” Shouldn’t the ultimate goals of compliance be to help ensure equitable dealings and sustainable commerce? Does compliance balance trust across space and time?...
Read this article in full |
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How to make your business relationships
work for you
By Christopher Jones-Warner,
Fellow of the Chartered Institute for Securities & Investment
Christopher Jones-Warner FCSI explains how you can adopt a simple technique to make your relationships work.
I am sitting on the sofa with my wife, listening to her telling me how her day has been. I am patient and I don’t offer any advice; I am the model of a good husband. “YOU’RE NOT LISTENING TO ME!” she explodes and I splutter, “Yes I am!” But her face tells me that I am not.
What’s really going on is that I am mimicking my father. When he listens to my mother, his legs are often crossed, though straight, and he sits up while looking down at the floor as he considers what my mother is saying, preparing to offer to her the appropriate ‘guidance’. I find that, subconsciously, while listening to my wife, I have adopted his posture and am giving her no eye contact as she recounts her day’s events. Whether or not I am listening, her experience is that I am not.
Realising my mistake I consciously look at my wife and listen as she speaks to me. Just by my choosing to look at her as she speaks to me changes her demeanour. This is listening with your eyes. At a subliminal level she experiences being listened to and being heard. She appreciates that I understand what’s going on for her and that’s all she wants. Not my advice or opinions. She just wants to be heard. She and I experience being related, once more.
It’s simple. Cause and effect. No magic. Put it in and it works...
Read this article in full |
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Articles of interest |
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FSA seeks power to suspend rogue traders
Personnel Today, 27th April 2010
First quarter of 2010 shows an increase in recruitment activity despite threat of a hung parliament
Press release, 26th April 2010
Powerchex issues warning as former Merrill Lynch broker is jailed for lying at interview
Press release, 22nd April 2010
Banking boost as jobs start to return
The Wharf, 19th April 2010
Banking boost as jobs start to return
The Wharf, 16th April 2010
I Conned Merrill Lynch Into Giving Me A Job
HERE IS THE CITY NEWS, 16th April 2010
Contractor UK Market Report: Hope springs eternal
Contractor UK, 14th April 2010
Drunken Analyst Said Fired After Trashing Colleague's Desk (HR Takes Picture)
HERE IS THE CITY NEWS, 13th April 2010
Dismissal based on unproven allegations can be fair
Shepherd and Wedderburn, 9th April 2010
Findings from the Survey of Employment Tribunal Applications 2008
Department for Business, Innovation and Skills, March 2010
CISI Integrity Position Paper on bonuses
The CISI has published a policy outlining the core principles in determining bonuses in the financial services sector. The policy is addressed to those managers who are responsible for, or who contribute to remuneration policies.
CV lies
Guardian, 24th June 2009
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Conferences & Events |
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European HR Leaders Summit 2010
Symposium Events, London, 11th-12th May 2010
London HR Connection Event: The Annual Employment Law Quiz
London HR Connection, London, 12th May 2010
HR Matters
London Chamber of Commerce and Industry, 9th June 2010
15th annual employee engagement conference
17th June 2010, Infogroup | ORC International, London
Compensation Seminar: The Latest Trends
16th June, 2010
The CISI and the FSA's Retail Distribution Review (RDR)
Operational risk appetite
FSA, London, 21st June 2010
Enforcement conference
FSA, London, 22nd June 2010
The Human Resources Forum
Savoy Place, London, 2nd November 2010
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Alternative Strategies - A year away from the City
