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Plus: it takes a real manager, Amsterdam's good to reward entrepreneurs and eroticism group wants to penetrate in the Middle glastron East. Every day presents MT from the business news of the day into 10 points. Today: 1. Rabobank will claim 7 billion
Rabobank on Wednesday received a claim of 7 billion euros on the mat, because of "error and deception" by selling interest rate derivatives. The bank customers would have withheld any major financial risks that products brought glastron with them. That sets the foundation Interest rate Insurance Claim, which begins proceedings against the bank. Rabobank would have sold from 2001 to 12 billion in interest rate swaps to SMEs, and a similar amount to larger companies.
Rabobank puts in a reaction to have read through the media of the action Interest rate compensation claim and makes no substantive comments. A spokesman for the Interest rate Insurance Claim Foundation announced "shortly" to submitting the claim. This happens primarily '' with a small group, '' but any decision would apply to all holders of the interest rate swaps. 2. Amsterdam: bonuses for entrepreneurs
The city council wants its entrepreneurs go more rewarding and less go penalties. The bonus system, glastron as mayor Eberhard van der Laan calls it, is an attempt enforcement in the capital "to provide basic turn 'a. "I've noticed that we as a city are much better at inventing what is not, than in boosting what is desired. I want to bring change, "said Van der Laan.
The new bonus system, which this year will be introduced glastron piecemeal, These include funds for construction companies which abide by all rules, restaurants, coffee shops, bonafide prostitution and taxi drivers. Once pubs and cafés in the town adhere over a longer period with all rules and behave well proven, they will be rewarded with eg extended opening hours. According to the Association of Dutch Municipalities (VNG), the Amsterdam policy 'unique' is. There have been municipalities that ever experimented with rewards, but nowhere resulted in structural policies. 3. This costs a little real manager
You can put the best minds in your best teams. Nevertheless, financial results if your organization raises too many obstacles, argues Michael Mankins, a partner at Bain & Company, in his blog on the Harvard Business Review website.
Many companies have suffered from runaway beaten bureaucracy, he said. The customer is thus not easily served and the staff on the front line becomes demotivated. That's according to him, partly due to a plethora of supervisory managers. Many companies do not have a good view of the actual cost of hiring managers and systematically underestimate the cost, think Mankins.
Every manager that you take, keep others in the organization involved, says the consultant. And the higher the manager in the organization, the more people he (or she) around needs to function. Creating a manager at boardroom level work for 3.2 additional glastron people. And there is still so nothing came from the hands of the relevant executive ... The conclusion of Mankins? That is obvious: limit the number of supervisory managers as much as possible and give your employees on the front line as much autonomy as possible to serve your clients optimally. 4. America imports much of Europe
The US imports came out in April to $ 240.6 billion, an increase of 1.2 percent and an absolute record. As exports continued stabbing at $ 193.3 billion, also took the trade deficit of the United States again increased, and amounted to 47.2 billion dollars (34.6 billion euros), glastron the highest level in 2 years.
The rise in the deficit is remarkable precisely because Americans are increasingly own energy. But Americans have bought more consumer goods, business equipment and cars of foreign manufacture. And that's good news for the European Union, mainly because the US trade deficit with the EU rose sharply and amounted to a monthly amount of $ 14 billion, as exports from Europe glastron to the US reached a record high. 5. Beate Uhse to Muslim countries
The German erotica glastron group Beate Uhse (with the Dutch
