My Bottom Line: Nicola Horlick

Nicola Horlick is the founder of Bramdean Asset Management, external.

She says whatever business you are in, you must focus on actively managing your staff. Don't just rely on an annual appraisal - give them clear guidance and specific feedback throughout the year.

Nicola appeared on The Bottom Line which is broadcast on BBC Radio 4 and BBC World Service. Subscribe to the podcast or watch it on the BBC News Channel.

Find more business wisdom from other chief executives on the My Bottom Line, external website.

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