A new sales record of over 314k cars and profits of 1.5 billion GBP illustrate the success of British car maker Jaguar Land Rover and it’s innovative new products including the Range Rover Evoque which is selling like “hot cakes” at the moment particularly in China. In fact Jaguar Land Rover is opening a new dealership in China every week. China sales now represent almost 20% of the companies sales.
There is, however, another less publicised side to this story.
Since 2007 the British Pound has devalued against the Chinese Yuan (or RMB) by a whopping 56% as a direct result of the U.K Governments 
policy of Quantitative Easing. In March 2009 75 billion pounds was created electronically followed by another 200 billion pounds later that year. Further episodes of Q.E pumped a total of 325 billion pounds into the U.K economy, devaluing the pound & increasing exports.
It also goes a long way to explaining why foreign ownership of London property has increased 20% since 2009 & conversely why imported foodstuffs & other goods now seem outrageously expensive.
; Keep up to date by becoming a facebook
fan
Recently released results from Nissan the Japanese automotive manufacturer illustrate how good product design leads to improved financial returns.
Are you a Manager ? Do you spend all day glued to your screen ? Are you stuck in your “Ivory Tower” ? Are you far too busy to leave your office to walk around ? Think again….. In the book “In Search of Excellence” by Thomas J. Peters, Robert H. Waterman, Management By Walking Around or MBWA is described as “Getting management out of the office”. At United Airlines, Ed Carlson labeled it Visible Management or management by walking about. The Hewlett-Packard (HP) version of management by walking around” describes this technique as “marked by personal involvement, good listening skills and the recognition that everyone in an organization wants to do a good job.” Simply walking around is one of the most significant Management techniques you can employ, people feel valued that a Senior Manager has taken the time to get out and listen to her staff. “If you wait for people to come to you, you’ll only get small problems. You must go and find them. The big problems are where people don’t realize they have one in the first place.” – W. Edwards Deming Tomorrow get off your butt and have a walk around, you won’t regret it!