You are here: - Preparing for the Euro -

Preparing for the Euro What UK companies must do to be ready By: Colin.R. Stringer Normal price: 125 Our price: 106.25 + postage Bargain: save £18.75 ! Product code: 20214 ISBN: 0273659138 160 pages Format: Pb Published by: Pearson Professional Education, 2001, 1st edition There are no reviews available for this book

Description of Preparing for the Euro

It is only a matter of time before a referendum on joining the euro is held. Whilst we can't predict the outcome or precise timing of the referendum, UK companies cannot afford to ignore the following: - there is a significant chance of a " yes" vote within two years - if there is a "yes"vote the timeframe for entry will be shorter than that enjoyed by those countries already in the euro - almost every aspect of their business will be touched in some way by the process - significant costs will be incurred and these need to be budgeted for. There are preparations that companies can and should be making now. Whether you're a europhile or a europhobe, the risks of not being prepared are too high to be ignored. This briefing explains what you need to do and looks at how companies across the euro-zone have prepared and what lessons can be learned from those experiences. It will also give you invaluable guidance on what action you need to take when and if the UK does opt in. Make sure you' re ahead of the game. Contents include: - Lessons learned - Compliance - What can companies do now? - A route-map to preparations - Post implementation review - Mobilisation - Business strategy - Impact assessment - Implementation - Post implementation review

Preparing for the Euro - Chapter headings

Preface Abbreviations Executive summary Introduction - Background - Economics are for economists - Objectives of this volume - Intended readership - Case studies Economic and Monetary Union - History - Stage 3 - Transition period - Stage 3B – notes and coins - The remaining EU countries - Other European countries The position of the United Kingdom - Background - The five economic tests - The Outline National Changeover Plan - Regional euro forums - Trade bodies - Public opinion - Corporate Britain - Sterling-based expressions Lessons learned - Preparations for 1 January 1999 - The transition period - Preparations for 1 January 2002 - Ireland What can companies do now? - Introduction - Potential timing - The Seven Ss - S number 1 – Strategy - Mobilisation and awareness - S number 2 – Scope - S number 3 – Size - Flexibility - How to move from theory to practice A route map to preparations - Conditional mode - Getting from A to B - S number 4 – Sponsor - S number 5 – Steering committee - S number 1 revisited - S number 6 – Supremo The implementation phase - Framework - Programme office - Accounting - Customer interface - Human resources - Information technology - Legal - Marketing and sales - Supply chain - Treasury and finance - Training and communication - S number 7 – Sensitivity - Resourcing Dos and don’ts - Dos - Don’ts Conclusions - Forget politics - Depth, breadth and uncertainty - Assessing the impact - Timing - Governance - Communication - Competition