Today’s photo: The Chrysler Building and the Empire State Building, New York (photo taken by my sister Mary, who’s visiting there this week)
Part 1: Today's word
When you allocate, you decide how to use a resource. Businesses need to allocate their budget carefully, so that each department receives the right proportion of the available funding. Of course, departments often complain that their allocation is too small. In your studies, you need to ensure that your time is allocated sensibly, so that you don’t waste a lot of time doing one thing and have no time left for everything else
The company allocates 10% of profits to research and development. Last year’s allocation exceeded $10m.
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Part 2: Test
Here are FOUR sentences with the word of the day. But only THREE are correct. Which is the Odd One Out?
There are 20 parking spaces available which will be allocated to staff living more than 5 km from the office.
Room CT3 has been allocated for private study and prayer.
I decided to allocate my holiday to working full-time in order to pay off my debts.
The government has decided to allocate 10% of the total transport budget to cycle and pedestrian projects.
Part 3: Practice Questions:
How much time do you think lecturers should allocate to questions at the end of each lecture?
How much time do you allocate for revision before exams?
Do you feel that the allocation of public funds for the following is about right, too generous or not enough?
Part 4: The Idiomatic Test
Match the sentence halves to form four questions including common idioms
Did you use to get ...
What do you do when you’re feeling....
Do you feel politicians are out....
Do people living in the suburbs have the best....
....of touch with real people’s lives ?
....under the weather ?
....of both worlds?
....your own way when you were a child ?
Part 5: Kiwi Quiz Question
Which food is being celebrated tonight at Sky City, Auckland after a national competition featuring more than 4000 entries?
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Part 6: Today's online listening (You need to have a suitable media player in order to play this file – like Real Player, available free from real.com. If you can’t play the file, you can read the text here
This is a discussion of the work of the management guru, Gary Hamel, presented by another management guru, Charles Handy. It's part of a series which I have featured in previous podcasts here and here
Vocabulary for the article:
a big cheese
Questions for the article:
Which two aspects of Gary Hamel were illustrated in the way he took Nokia executives on a shopping trip?
Where did GaryHamel start his career?
How did his career change in 1993?
What mistake does Gary Hamel believe is made by most managers when they try to increase profits?
What does Gary Hamel believe it is important to think about?
What is the result of ‘strategic intent’?
How can managers avoid foolish ventures?
Does Gary Hamel believe you should try to be better than your competitor?
What kind of person is a ‘grey-haired revolutionary’?
Gary Hamel’s 10 principles are guidelines on how to achieve what?
Today's Musical Selection: Go your own way by Fleetwood Mac