Change is part of stability
This blog title sounds incongruous, but we’re used to the mantra ‘death is part of life’; ‘change is part of stability’ is simply a non-morbid variation. John Lewis losses One thing that got me thinking about this was the current predicament of John Lewis and the possibility, floated by Chairman Dame Sharon White, that a necessary cash injection might be needed from outside investors, which is at odds with the long-standing model of employee-only ownership. The company lost £234m last year and has to do something, but those who ought to know better don’t even want to consider Dame Sharon's obvious and sensible idea.