Do forget your passport: videoconferencing IT allows cheap and effective face-to-face communication across continents, but that hasn't reduced the mileage clocked up by business travellers, who seem to view jet lag as a badge of honour.(opinion)

Financial Management (UK) | June 1, 2008| | Copyright

You have to feel sorry for those whose job it is to forecast long-term trends. Some years ago, Nigel Meade, professor of quantitative finance at Imperial College, London, got it just about right when he observed that "forecasting is not an activity at which human intuition excels". He went on to quote from the journal Building News, which on June 29, 1894 expressed great pessimism concerning the future of Tower Bridge in London: "The Tower Bridge is, on the whole, a fine piece of work ... foredoomed to become obsolete. Repeated opening and lowering will be found tedious. By ...

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