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The chairwoman of Scottish Mortgage today announced plans to step down just hours after one of her fellow directors alleged “governance violations” at the FTSE 100 company going back months.The £9.4 billion investment trust said Fiona McBain would step down at the annual meeting in June and would be
Lee Robertson: Long-term business goals are futile By Lee Robertson 10 th March 2021 9:09 am We are encouraged to produce long-term business plans. I used to set such business goals and agonised over projections, all of which turned out to be useless. Any short-term accuracy was soon lost to internal and external factions. Five-year plans were rendered futile. So I now refuse to detail them. It’s not that they are not important but they should be seen merely as a guide point. The problem with long-term goals is two-fold. First, most of us set unrealistic and over...