Some thoughts on the Brown Review from Eye's man in the Hot Seat..
Brown clearly identifies the key elements that matter, many of which are neither sexy nor political, but which have the capacity to make a significant difference. Eg staff investment and ensuring that all franchise employees are committed to the long-term future of the companies they work for, etc...
The proposals on franchise length with potential extensions for good work are sensible
Chapter 6 is very good and perhaps for the first time gives a clear answer to the 'Wolmar Question' ("What are franchises for?").
Therefore, in summary, an evolution, but a fairly big one and contains solutions as radical as anything we have seen since franchises started.
Overall - 9 out of 10!
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