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Business News and happenings in the corporate world.
Accelerator pedal Toyota GB Director Jon Williams message
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Toyota GB Director Jon Williams gives a message of reassurance to customers and outlines how Toyota
will manage the recall of customer's vehicles on accelerator pedal. Please see http://www.toyota.co.uk/recall .This message is very important since it is a good example on how to handle crisis and how to mitigate the risk in the future.
One of the viewer Seahawk124 has made an interesting remark.
Toyota has poorly managed this from the start, but now are trying to get things right again.I'm younger than Mr Williams and Mr Cho (Chairman), but Ive learnt in my short life, that if you have done something wrong. The first thing you must do is put your hand up in the air and admit your mistake/s and then work on a solution, rather then bury this into the ground, hoping no one would find out.
If you can be brave and admit your mistakes from the start, you'll be a man.
That's a good lesson to learn on how to handle crisis.
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Alternatives to oil fuel resources
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Time: 347 A.D. Oil wells are drilled in China up to 800 feet deep using bits attached to bamboo poles. 1858 First oil well in North America is drilled in Ontario, Canada. It took over 1400 years to realise the commercial potential of the oil to use as fuel for mass consumption.
Arab world did not realise the existence of oil till 1933 when the Saudi Arabian government signed a concessionary agreement with Standard Oil of California (Socal), allowing the company to explore Saudi Arabia for oil. Today, its yearly production of only crude oil neared 3.4 billion barrels (540,000,000 m3) and it managed over 100 oil and gas fields in Saudi Arabia totaling at least 264 billion barrels (4.20×1010 m3) of oil reserves and 253 quadrillion scf of gas reserves.
History lesson: Are we missing something ? Oil that existed for millions of years in some part of the world was discovered first in 347 AD and continued to be discovered till now for mass use. Coal was the bedrock of the industrial revolution in Europe and North America. But it has now has little role to play even though it is available in abundance.
Is there alternative fuel around us that we don't realise it exists. Conventional knowledge shows the alternative fuels are Wind power, Solar power, Tidal power, Geothermal power, Hydropower, Biomass, Ethanol fuel, Hydrogen, Compressed Natural Gas, Bio Fuel and Nuclear.
The fuels drilled from the earth have been economical and suitable for masses. So the question is whether we have to drill the earth deeper to find a better alternative. Or wait for another 1400 years to know the answer.
Discovery of Oil - You will like this video
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Brown Cameron Clegg - a race for next PM
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Today is the last day of the election campaigning in the UK. The prime ministerial candidates are campaigning to get the vote of undecided voters. The famous television
debates with Brown, Cameron and Clegg and their agreements and disagreements on how they will run the country.
Everyday on the sky news, you have a forecast poll which predicts a hung parliament. There is an interesting article on BBC "Hung Parliament - What Happens next ?" but what it means to a common man in tesco terms. Does it mean a good offer, "Buy one, get one free" ? To make the matter simple, lets look at their CVs.
Nicholas William Peter "Nick" Clegg (born 7 January 1967) is a British politician and, since 18 December 2007, leader of the Liberal Democrats.
Clegg's first major elected position was as a MEP for the East Midlands from 1999 to 2004. He was elected Member of Parliament for Sheffield Hallam in the 2005 general election and became the Liberal Democrats' Home Affairs spokesperson in 2006. Clegg defeated Chris Huhne in the party's 2007 leadership election. As well as his parliamentary roles, Clegg has contributed to many pamphlets and books on political issues.
Clegg was educated at Caldicott School in Buckinghamshire and Westminster School in London, followed by Robinson College at the University of Cambridge, where he studied Social Anthropology; he later studied at the University of Minnesota and the College of Europe. He is married to Miriam González Durántez, and they have three children.
Spouse: Miriam González Durántez
is a partner of international legal practice DLA Piper and the wife of UK Liberal Democrat party leader Nick Clegg. She was born in Spain and has Spanish nationality, but lives and works in the United Kingdom with her husband and children
David William Donald Cameron (born 9 October 1966) is the leader of the Conservative Party and Leader of the Opposition in the United Kingdom. He has occupied both positions since December 2005.
Cameron studied Philosophy, Politics and Economics at Oxford, gaining a first class honours degree. He then joined the Conservative Research Department and became Special Adviser to Norman Lamont, and then to Michael Howard. He was Director of Corporate Affairs at Carlton Communications for seven years.
Spouse: Samantha Cameron
Samantha Gwendoline Cameron (née Sheffield, born 18 April 1971) is a British business executive and wife of the Conservative Party leader David Cameron. She is often referred to as "SamCam" by the tabloid press. She is the creative director of Smythson of Bond Street, a stationery firm.
James Gordon Brown (born 20 February 1951) is the Prime Minister of the United Kingdom and Leader of the Labour Party. Brown became Prime Minister in June 2007, after the resignation of Tony Blair and three days after becoming leader of the governing Labour Party. Immediately before this he had served as Chancellor of the Exchequer in the Labour Government from 1997 to 2007 under Tony Blair.
Brown has a PhD in History from the University of Edinburgh and spent his early career working as a television journalist. He has been a Member of Parliament since 1983; first for Dunfermline East and since 2005 for Kirkcaldy and Cowdenbeath. As Prime Minister, he also holds the offices of First Lord of the Treasury and the Minister for the Civil Service.
Spouse: Sarah Brown
born 31 October 1963) is the wife of Gordon Brown, the current Prime Minister of the United Kingdom. She is also the founding partner of Hobsbawm Macaulay Communications, a public relations company. She was educated in North London at Acland Burghley School and Camden School for Girls, and went on to take a psychology degree at the University of Bristol.
Election debate on Economy
I hope their CVs help you to decide on whom to vote, if you are undecided. Election day May 6,2010. Vote the best candidate you want.
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How did the company Levis Strauss start
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How did Levis Strauss start ?
The world famous and one of the expensive and sought after jeans in the market for both men and women. Levis Jeans.....
Did you know how did Levis Strauss begin ?
Jacob Davis was a tailor who frequently purchased bolts of cloth made from hemp from Levi Strauss and Co.'s wholesale house. After one of Davis' customers kept purchasing cloth to reinforce torn pants, he had an idea to use copper rivets to reinforce the points of strain, such as on the pocket corners and at the base of the button fly. Davis did not have the required money to purchase a patent, so he wrote to Strauss suggesting that they go into business together.
After Levi accepted Jacob's offer, on May 20, 1873, the two men received U.S. Patent 139,121 from the United States Patent and Trademark Office. The patented rivet was later incorporated into the company's jean design and advertisements. Contrary to an advertising campaign suggesting that Levi Strauss sold his first jeans to gold miners during the California Gold Rush (which peaked in 1849), the manufacturing of denim overalls only began in the 1870s.
Rest is history....
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Toyota Recall: Get to the bottom of the problem
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You must reading in the news "Toyota recalls 4.2 million Toyota and Lexus vehicles because floor mats could jam the gas pedal down. About 1.7 million are on both lists, Toyota said.
In its latest announcement, Toyota cited problems with "certain accelerator pedal mechanisms." It gave no other specifics about the problem and said it is "working quickly to prepare the correction remedy."".
Some of you might know it is a problem, but do not know what it is about.
What exactly is the problem ?
In its latest announcement, Toyota cited problems with "certain accelerator pedal mechanisms." It gave no other specifics about the problem and said it is "working quickly to prepare the correction remedy."".
Some of you might know it is a problem, but do not know what it is about.
What exactly is the problem ?
Watch the video.
Sometimes you may also be faced with similar situation in your workplace like MS Excel problems. Or in DIY at home like fixing a bulb or window or the water tap or cleaning the head of your DVD player.
Tip: If you are encountered with a problem, do not use your own imagination,. Take help of internet. You can save money.
- Read the user manual first. If that doesn't help,
- Google it and find out how it is solved or
- Search on You Tube for a demonstration.
It is most likely you should be able to find a solution or atleast you will know more how to fix it. This will save you lot of money. If you ask someone else to do, then you have the upper hand to talk about. That's business.
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