Plato thought that the state ought to be run by “philosopher kings”, wise chaps who perceived the deeper truths of the universe, the forms that lie behind the world we see. Plato could be a bit of a loon, as the foregoing suggests, and for millennia people have been lining up to give the idea of philosopher kings a kicking. Ed Miliband’s speech at the UK's Labour Party conference reminded us why.
A way of keeping feuds at family businesses away from the public gaze might be by signing a secret pact. At least that’s what Gina Rinehart, the richest person in Australia, seems to think.
Following the resignation of Steve Jobs as CEO, Apple feels like a more fragile company today. The share price fell and those who work there or for one of the chip-makers and other businesses that rely on Apple will be wondering what the future holds.
On the face of it, nothing could be more unfair than a family business, in which the only way to get to the top is to have the right surname. But a piece of research recently carried out by three academics in America suggests that this unfairness is one of family businesses’ greatest strengths.
Is senile dementia breaking out in family businesses? It would appear so, or at least something approaching that to the casual observer.
What are we to make of the fact that News International, the company that owns the News of the World, is a family business?
Woody Allen once said that sex is only dirty if you are doing it right. Lots of people think something similar about business.
When Karl-Johan Persson was appointed by his father as chief executive of one of the world’s biggest retailers Hennes & Mauritz, commentators on family businesses said it was an inspired move.
People often use language like this about family businesses. But does it make sense to say that a business has a soul?
Equipped with some of the sharpest legal minds on protecting privacy anywhere, sympathetic judges and fool-proof gagging orders - the UK has been a top destination for those looking for anonymity.