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Investors in People (IIP) is a major governmental initiative aimed at local economic regeneration on a considerable scale and with huge financial backing. Examines the potential long‐term benefits to be gained by organizations achieving the IIP standard, and advises on the creation of a sustainable action plan according to four vital guiding principles. Argues that the alignment of HRD activities with strategic organizational goals, necessary to achieving the standard, will be facilitated by the involvement of managers in their programme roles, leading to their “ownership” of the change process at an early stage.

The prayer against the Poultry (Hygiene) Regulations which we briefly mentioned in the editorial of our last issue, was lodged as a result of activity by the Environmental Health Officers' Association. Incidentally it is the first occasion as far as we can recall that a prayer has been lodged against any of the rash of food regulations of recent years, and reflects the strong feelings of the public health inspectorate.

This is the collection of papers read at the 1967 Melbourne symposium which had, as the main theme, design, economic and operational aspects. These are further summarised in two categories, the design and operational aspects of the fatigue problem in general aviation and transport aircraft and, of unusual interest, the economic aspects of the fatigue problem as it affects both operators and manufacturers. Altogether this covers the structural load measurement and analysis, design and certification programmes of a wide range of aircraft. At one extreme are the several papers on helicopters such as “The application of Ti‐6A1‐4V to fatigue loaded components”, “The fatigue and fail‐safe programme for the Lockheed 286” and also among light aircraft, “The design and certification for executive type aircraft”, “Agricultural aircraft flight loads”, “Typical spectra and some observations on airworthiness” and “The New Zealand light aircraft fatigue meter programme”. At the other extreme, there are papers on “Design and philosophy and fatigue testing of the Concorde” and “Fatigue design and test programme for the American SST”.

Do you use Electronic mail (E‐mail)? Do you know if anyone other than the intended recipient is reading the mail you send? And, what would you do if it fell into the wrong hands? Employees around the world use E‐mail more than a million times a day (Elmer‐Dewitt, 1993). E‐mail is used for a multitude of purposes including telling jokes, discussing confidential matters, or even spreading gossip that could be potentially offensive if overheard by the wrong person. E‐mail is more convenient for most to use rather than having to pick up the phone or wander down a hall to tell someone something. A common misconception many have concerning the use of E‐mail is that it is as private as mail or a phone call (Elmer‐Dewitt, 1993).

This paper aims to design and implement an audit of physical health monitoring for patients with schizophrenia or bipolar disorder in primary care.

Evidence‐based criteria for physical health monitoring were developed from current clinical guidelines. Physical health monitoring of 128 patients with a diagnosis of either schizophrenia or bipolar disorder was audited against these criteria in two urban GP practices.

The number of patients whose smoking history, alcohol consumption history, blood pressure and body mass index had been recorded in the preceding 15 months varied significantly by practice, whilst recording of blood cholesterol and diabetes status did not. Patients with a diagnosis of schizophrenia were significantly more likely to have had a diabetes status recorded in the preceding 15 months compared to patients with bipolar disorder.

Standards for compliance with audit criteria need to be debated and agreed with stakeholders. Further research is needed into how physical healthcare services can effectively engage patients with serious mental illness.

Audit of physical health monitoring in primary care is feasible and could be used to identify shortcomings in physical healthcare for people with serious mental illness. Inviting patients on practices' mental health registers for cardiovascular risk screening should be considered.

Regular audit of physical health monitoring in people with schizophrenia or bipolar disorder may help ensure equitable healthcare delivery for patients with serious mental illness.

This paper presents an audit methodology that primary care trusts and general practitioners can use to assess how effectively the physical health of people with serious mental illness is being monitored.

It is difficult to recall ten years later the depth of feeling roused among university librarians in Britain by the report of a University Grants Committee Working Party on Capital provision for university libraries. “Anger, indignation, incredulity and despondency” were among the immediate reactions to the Atkinson report, nor were these reactions confined to university librarians alone. The academic community at large reacted violently to the proposals, and in so doing identified the well‐being of universities unequivocally with that of their libraries.

Legal process by its very nature cannot be swift; step by step, it must be steady and sure and this takes time. There is no room for hasty decisions for these would tend to defeat its purpose. Time, however, is of the essence and this is set for various aspects of legal action by limitation of actions legislation, which sets periods after which the case is no longer actionable. The periods are adequate and in civil law, generous to avoid injustice being done. The one serious complaint against the process of law, however, is the unwarrantable delays which are possible despite limitation. From the far‐off days of Equity, when Dickens' Jarndyce v Jarndyce, caricatured and exaggerated as it was, described the scene down to the present when delays, often spoken of in Court as outrageous are encountered, to say nothing of the crowded lists in the High Courts and Crown Courts; the result of the state of society and not the fault of the judiciary. Early in 1980, it was reported that 14,500 cases were awaiting trial in the Southeastern Circuit Crown Court alone. Outside the Courts legal work hangs on, to the annoyance of those concerned; from house purchase to probate. Here, the solicitor is very much his own master, unhampered by statutory time limits and the only recourse a client has is to change this solicitor, with no certainty that there will be any improvement, or appeal to the Law Society.

To reflect, first, that the global changes now washing over the people are probably far more profound than is commonly understood, demanding a new mindset on the part of corporate organisations. Second, that this cultural transformation engenders a fresh set of challenges facing the corporate world in tackling the inherent complexity, uncertainty and ambiguity which need a futures‐oriented approach to comprehend and capitalize upon societal change. And third, that this organisational metamorphosis will best be understood, planned and managed through a process of foresight or prospective.

The particular methodology proposed is that of “prospective through scenarios” which has been developed by The Futures Academy at DIT, and the five formative fields, together with their respective key action areas, have been identified from a review of the relevant recent literature and an evaluation of a number of case studies in which the author has been involved.

Apart from the more detailed findings recounted throughout the text, the main conclusion drawn is that new kinds of corporatism will require the “proactivity” of prospective founded on the “imagineering” of scenarios to shape their future in a changing world.

In identifying some of the “grand challenges facing corporations in the modern world, the article conceives a mind‐set that accepts” that one can shape the future if one first imagines it.

The payoffs of exotic options (e.g., up‐and‐out call options) are dependent on the time‐path of asset prices rather than the price of the asset at a fixed point in time. The authors of this article compare various models for calibrating volatility surfaces in order to price up‐and‐out call options.

Describes the recent economic and land reforms in China, and the consequent changes in the emerging Chinese property market. Analyses the need for property management valuation skills in China in the light of problems of country size, regional differences, the scale of economic reforms and the speed with which they are being implemented, administration and the difficulty of educating a large number of property professionals.