Right - this is what I think would be good on the new game
Job Interviews - Mentioned a fair bit on this thread so far, and I think this could be a great addition to FM2012.
In-Game Kit Designer - Also mentioned, takes time and a lot of effort making kits on AP, and an in-game one would be great
Always wanted it
Building of Facilities - They had this on the old Total Club Manager 2005 (I think). What happened was, you have a list of facilities that were buildable, and you could choose which ones you wanted to build, for example, team hotels, stadium train station, newspaper stands outside the ground etc. This worked well for me in TCM 2005, would be great to see in the new game as well.
Love it
Managing Reserve and Youth Teams solely - Instead of having to be the Manager of the main club, you should be able to apply for reserve and youth team jobs as well.
Would be the best improvement ever!
More Countries Playable (without use of editor) - For me, there are a few decent footballing countries that should be put on automatically. New Zealand is one, Montenegro, Egypt etc.
Stadium Editor - When you can get a new stadium, you should be able to design it too. I think this was possible on TCM 2005 as well.
Sick idea
Media Options - Things like, featuring in TV programs, giving interviews for the TV news etc, appearing on Goals on Sunday, etc.
Love it, maybe being able to sponsor things?
Local Relations - I think there should be a "local relations" section at every club in the game. For example going a big team like man utd or city, the council may ask you for money to develop surrounding area sports facilites, thus building a relationship with council's and increasing chances of new stadium moves and increasing stadiums. If you choose not to help when the council ask's they then make it a little more trickier to develop your staidum or build new.
Coaching Badges - I think that coaching badges should be in there, so if you place an advert for a job, you can then specify at what level you want applicants (B and above, A and above, etc)
Awards - More glitz and glamour, better summaries, more information on candidates