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Publication: Utility Week
Publication Date: 17-JAN-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
In an age where corporate excess has come in and out of fashion, few companies can show investors that their money has never gone to waste. Scottish & Southern Energy (S&SE), however, has made counting the pennies a religion.

Under the auspices of Jim Forbes, now retired, and his protege Ian a...

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...Marchant, S&SE runs costs so tight that the newly-promoted chief executive's biggest perk is having his own waste bin, while everyone else uses central recycling unit. Why? Because it saves money of course.

In the car park outside the company's head office in Perth, there is no flash motor in Marchant's space. Visitors will also be disappointed if they expect marble floors in the entrance hall or bone china for their tea. And if they want lunch, they should at least be prepared to follow the chief executive across the road to the service station and buy a sandwich there.

That is not to say that this is not a big operation. Walking around the two buildings which form the head office, it would be a mistake to assume anything from the plainly-decorated facade where senior management sit within a few feet of the key functions rather than holed up in some ivory tower.

It is rather that the youthful and energetic Marchant sees himself as a team player who would rather go and mix with the staff and spend money where it is...

NOTE: All illustrations and photos have been removed from this article.



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GAS; Grid's Grain liquid gas plant delayed., January 17, 2003
Catching flak, catching heat., January 17, 2003
Water sector the most efficient., January 17, 2003

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