View more on these topics

Trash Talk: ‘Feed forward’

Mortgage MonkeyTrashTalk_Mortgage-Monkey
reveals the
the industry’s
press communications

Business speak of the week: ‘Feed forward’

Culprit: Human resources bods, careers coaches

Mortgage Monkey is all in favour of constructive staff appraisal but the latest jargon is surely over-egging the pudding.

Now, apparently, it is not sufficient to provide staff with feedback on their work and discuss whether they have met their goals. Instead of retrospective assessment, managers should now ‘feed forward’ by focusing on what the employee will do next – but not in a dietary way.

In practice, this is nothing new; bosses have always set targets and asked staff to consider their future ambitions.

So let’s not lay claim to a new management approach simply by combining two hitherto unconnected words to form a distinctly unpalatable expression.


lifetime lease purchases

What is a lifetime lease purchase?

Lifetime lease purchase deals involve raising finance but not on current properties. Rather, they are taken out when consumers move home. They are called lifetime lease schemes. Although not identical to sell-and-rent-back options, they are unregulated too. Lifetime leases are designed for clients who want to move but either cannot afford to or don’t want […]

west brom

West Brom cuts five-year fixes by up to 0.55%

West Bromwich Building Society is cutting rates on its five-year fixed rate mortgages by up to 0.55 per cent. The newly-priced range, available from 15 July, starts from 2.09 per cent for new purchasers and remortgage customers at 65 per cent LTV. The biggest rate reduction in the range is at 85 per cent LTV, […]


Brexit uncertainty hits home sales, says RICS

Uncertainty following the Brexit vote has resulted in a significant drop in sales and in new buyer enquiries, the latest survey by the Royal Institution of Chartered Surveyors has shown. June’s index reveals a marked drop in activity in the housing market. New buyer enquiries declined significantly across the UK in June, with 36 per […]


News and expert analysis straight to your inbox

Sign up