• Mark

Business and politics

Updated: Dec 29, 2018

What's wrong with a bit of common sense when so much is at stake? Clearly we all are het-up by the B....t. Regardless of the side one is on we can add a couple of perhaps unwanted pearls of wisdom.

Pearl 1. Companies run by me in the UK and in Scandinavia by Jorgen, aways had a strong international outlook, both is gaining the international market presence and engage with foreign elements of the supply chain. There was no EU (remember EEC and before?). WTO was a paper tiger and EFTA kinda existed. We always found a mutually profitable way and it always worked smoothly. Parts that were occasionally troublesome had nothing to do with any customs unions - letters of credit or bank transfer paperwork come to mind. There isn't much to fear.

Pearl 2. During my first corporate job out of Uni I witnessed an incident when at the moment of the opening of a first and a flagship store someone messed up electrics and about 1,000+ gallons of water rushed down destroying all and dispersing some dignitaries. In all the panic the chairman pulled me aside and his words were: "son, whatever the situation - make the best of it you can - that's all that really matters".

In this area I laud lots of UK businesses (from banks to factories) I spoke with, that calmly and professionally established 'no-deal friendly' methods and organisations to continue on 'as was' basis. None we spoke with were in any way supporting the doomsday stuff.

Lastly - all the mess with backstop renegotiations offers one wisdom. It is best to at least scan a negotiation do's add don'ts BEFORE engaging a partner or an opponent - if you like.

For example, a most mysterious (at least to No10) rule is - do not give unconditional benefits away unless they do too - of an equal or a better value simultaneously. Or perhaps - do not allow them to push their problems on you - as yours to solve. Brutally put we will keep the Irish border. If they don't or won't - how is it our burden?

Fearless and ready!

3 views0 comments

Recent Posts

See All

The Earth has turned - New era replaces all

Now that we managed to weather the pandemic it is worth noting its impact on our economy and indeed the way we will conduct our lives thereafter. That last part will be covered by Professor Sam Whimst