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If you have a boss. Or if you are a boss. You know what moves your ass, right? You know it perfectly. “No trouble”. That’s it. So sad, and so true. “Don’t bother me. Don’t put me in trouble. Over average results, but not too much, otherwise, I don’t know what objectives, bonuses, etc. discuss with you… My biggest fear? To be fired.” This is many bosses’ minds. You may like it or not, but that’s what we have. Specially in big corporations. Being fired is the main worried of most bosses, screwed in a great seat with a good salary and the kids in private school, with the Audi Q7 to be paid yet, and the holidays to Mexico in a 4-star hotel already booked making the most of the latest promotion… Well… now, you can do with this information whatever you want. Up to you. I have a few ideas. You can pick up my brain in the link below... Only until 31 January.
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One of my fauvorites… A toll road PPP. Beautiful business model. Traffic studies. Economic growth projections. Sophisticated demand modelling. Consultants everywhere. Like queuing for free ice-cream… The road opened in 2007. The project was the South Bay Expressway SR‑125 toll road. Everything looked perfect on paper. Except for one small detail. Drivers. They didn’t show up. The financial model predicted tens of thousands of vehicles per day. Reality? Sometimes traffic was 70–80% lower than...
Still in the UK. Now, a hospital PPP. Large. Modern. Shiny. Hundreds of millions invested. Years of planning. Procurement. Financial close. Construction. Finally… The building was delivered. Or so everyone thought. The project was the Royal Liverpool University Hospital PFI project. New hospital. Supposed to open in 2017. There was only one small problem. The building could not be used. Fire safety defects. Structural issues. Incomplete works. Entire sections of the hospital had to be torn...
Everyone relaxes after the contract is signed. Lawyers celebrate. Sponsors shake hands. The press release goes out. “Landmark infrastructure project.” “World-class partnership.” “Long-term value for taxpayers.” Champagne. Photos. LinkedIn posts. Etc. In 2018 one of the largest PPP contractors in the UK, Carillion, collapsed overnight. Not struggling. Not restructuring. Collapsed. Gone. A tomar por cul0. The company was involved in dozens of PPP projects across the UK and beyond. Hospitals....