Ted Black: A starry night on the JSE

Ted Black says Rainbow’s critical number is the one that many firms should focus on but don’t attach enough importance to.

Tesco & “Stockspin” – lessons for Pick n Pay & other retailers?

We can learn much from Tesco. It posted a huge loss last year – one of the biggest ever recorded in the UK. Yet, fifteen years ago, early in Sir Terry Leahy’s term as CEO, the firm was an exemplar for the “Lean Management” movement which arose out of Toyota’s production system.