Election lessons for accountants

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As the election fallout trundles on I carried out my own post mortem on the lamentable performance of the Tories. It's short and sweet as you may expect from me.

What seems clear to me was that the party chose somebody to lead without conducting an in-depth analysis of whether competence in a government department would mean competence at number 10 . A bit like taking the boiler-room foreman into the bridge of a luxury liner. 

Which leads on to the observation that however repulsive and odious one may find Mr Corbyn's policies and speed-dial list, he displayed emotional intelligence and connected well with the electorate.

The lesson is clear for us beancounters. We may have some great backroom number crunchers with tremendous insight into clients' affairs but when an opening for a client-facing promotion comes up, think once, think twice and think again.


About Norman Younger

Accountancy practice broker Commercial mediator & negotiator, Business broker  25+ years professional experience, charity trustee and community worker with a broad (but not-always "PC") view of the country's financial, business, political and social problems. Tel: 0800 2800 321. Follow me on Twitter 

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By Knight Rider
19th Jun 2017 12:57

There is always some backroom brains behind the personable suited meeters and greeters. Warren Buffet had Charlie Munger and James Hanson had Gordon White.
Unfortunately the Conservatives were complacent about the outwardly kind and gentle Mr Corbyn and failed to engage with the electorate while Corbyn and his sinister Marxist cronies promised freebies for all.
It is quite scary to think that people who hobnob with terrorists and advocate violence to overthrow capitalism achieved such a high turnout. The Conservatives need some elector friendly people on the frontline.

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By Simple Accounting
01st Jul 2017 00:38

The accountancy profession should be less instinctively Tory and more professionally independent over party politics. We should objectively analyse the policies on offer.

And there was much to like in Labour's offer:
Investing in replacement infrastructure,
redirection of jobs to northern england (where there is spare capacity),
not wasting money on trident,
delaying and limiting Making Tax Digital,
reversing the Corporation Tax cuts,
not implementing the NI increases that the Tories plan, and
a fully costed manifesto.

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Replying to Simple Accounting:
By Norman Younger
02nd Jul 2017 13:13

I don't think that the Tory bias you refer to is a profession thing , I suspect it is that the profession is populated by people with a propensity to vote Tory due to their background and values

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