I’ve been reading an excellent article in the New Yorker magazine, which talks about the problem of over qualified, over ambitious people being pushed too far, too quickly by companies who think that the way to succeed in this wonderful corporate world is to get lots of lovely newly qualified MBA’s, pay them huge sums of money and keep promoting them before they get a chance to understand what they or the company are doing. The article went on to point out that many of America’s top performing companies are those that actually have people at the top who have worked their way gradually through an organisation, rather than people who have stormed through like a whirling dervish, having no true grasp of what they are doing because they are incapable of seeing the true impact of the decisions they make. Now I am not an ambitious sort of chap but I do know that the bits of BT that I have been involved have only worked when we have had people in charge who aren’t just concerned with the next big promotion and added share options. Mind you, one aspect of the current stock market crash that I have enjoyed is the crumbling values of these share options which we were told were a gilt edged "can’t lose" bonus. My My, don’t I sound bitter and twisted today!

During the weekend I read charming piece on P G Wodehouse in The Guardian. It reminded me, what a joy it is to read the sparkling prose of the great man. Since the start of the World Cup my reading habits have fallen back to magazines and newspapers rather than books. Time to rectify that and Wodehouse is the man to kick start the reading campaign.