Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Are you living like a celibate priest?
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When you realize that the celibacy of Catholic priests, cardinals, and even the Pope has more to do with issues arising from the inheritance of descendants than with a mythical sacrifice to devote themselves to God... you realize that they’ve been deceiving you, manipulating you, creating obedient little sheep. This case is not unique. People's minds are full of preconceptions, fixed ideas, and false myths. In all aspects of life. Laws. Regulations. Politics. Religion. Etc. Personal finance, contract management and business are not different. But, as I don’t care what’s on the TV or social media, these things touch me every day. And they touch you every day too. People were told stories. They believed them. Without understanding the why of the myth. This is what I try to do in the course below. Perfect thing to do in a weekend. Learn and fill your head with new thoughts and perspectives. This course is about mistakes in a project, but you could apply the learnings to any project, to any business and even your life because I try to go to the root of the whys and the myth creation. I challenge you. What are you going to do this weekend that will mark a milestone in your path? I propose you this. ​The 15 Lessons Learned of a PPP Project Nightmare​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Ah… Time flies and PPPs finally arrive to the end… like a terrible elected leader term… Getting your infrastructure back at the end of a concession sounds lovely. Like removing Pedro Sanchez from office. The debt is paid. The concessionaire leaves. You get the asset. Like collecting your car after lending it to a friend. Except your friend has had it for 25 years. And “the tyres are fine” means they are still technically round. Oups… Do you remember the terms of the return? 2018 Severn...
You know the IBM ad: “Nobody has been fired for choosing IBM”. Well… in procurement there are ads like that. “We didn’t just go for the cheapest.” Lovely. Everyone nods. Someone writes “quality” in the minutes. Your career feels protected. Unfortunately, the project hasn’t read the minutes. Take Scotland’s Parliament building at Holyrood. In January 1999, three final candidates were competing to become construction manager. Bovis came out comfortably ahead at interview. 82 points out of 100....
A few days ago, I talked about the smallest PPP in the world. It’s in Poland. 12.000€. Probably quite unknown. There are another one… this time famous. Small building. Small investment. Small transaction costs. Sorry. That last one was a joke. Scotland. 2002 Audit Scotland reviewed six school PFI projects. For Glasgow, it reported around £12 million in combined public and private sector set-up and advisory costs. Against £212 million in construction. For West Lothian? Around £2 million....