Inflation continues to moderate in multiple regions and countries but remains high, and central banks look set to maintain a path of interest rate interventions. However, interest rates and sentiment are weighing on growth projections and the picture is somewhat patchy, with growth in some emerging economies such as China…
The British workforce is experiencing a noticeable shift. Even before the pandemic, the UK had been grappling with productivity problems. Now, the post-pandemic landscape has brought new challenges such as ‘burnout’, ‘quiet quitting’, and ‘Great Fatigue.’ This has led to questions about a motivation freefall in the workforce. It’s not…
17 March 2023 Consumers and investors are increasingly focused on how seriously companies take their responsibilities to society and sustainability. Amit Nagpal, Partner at Aetha Consulting, says that environmental, social and governance (ESG) reporting will provide the metrics by which investors, companies and their customers judge performance and how sustainability…
When was the last time you really had fun shopping? According to a recent Squire Patton Boggs report, entertainment is “the most important aspect of a meaningful retail experience.” Moreover, younger shoppers care even more about their experience while shopping. In response, retailers continue to find new ways to bring…
Commercial real estate (CRE) has long enjoyed a reputation for being a good hedge against inflation, yet even industry veterans might be hard-pressed to explain exactly why. Has it delivered better real (inflation-adjusted) returns during inflationary periods than at other times? Has it outperformed other asset classes during inflationary periods?…
Recent years have seen private individuals and NGOs increasingly using the courts to enforce rights in the climate sphere. This seems to be a trend that is only going on one direction and represent a risk of which Governments and corporates alike are going to need to be increasingly aware.…
Bed Bath & Beyond (BB&B) finally filed for bankruptcy on April 23, 2023, after surviving a near-death experience earlier in the year thanks to a last-minute equity infusion from an opportunistic investor. The termination of that agreement and the subsequent failure to raise sufficient capital through new share issuance and…
Looking into the AI crystal ball 14 March 2022 by Linda Sheehan With 2023 in full swing, it is clear that AI will continue to play an increasingly significant role in the business landscape. The demand for AI solutions and data-driven insights is on the rise, as businesses of all…
Chances are, you’re hearing a lot of hype around AI. However, there’s a fine line between hype and distraction. To keep up in the rapidly evolving digital landscape, it’s critical that consultants understand how AI can enhance and facilitate their work. In fact, we predict that professionals who learn and…
Conventional wisdom says that building on the strengths of an organisation is the most direct path to business success. It’s also the foundation of most value growth plans and talent management, which focuses on increasing the performance of high-performers. But leaders continue to scratch their heads as despite all their…
Research released by Elixirr reveals how both C-level and professional sportspeople achieve success in their fields, with both CEOs and professional athletes believing that being more mentally resilient than their competitors is the top driver of high performance. While the physical requirements of elite athletes are revered and celebrated, the…
What is SaaS? SaaS or Software-as-a-Service is a licensing model in which the provider hosts the application and makes it available to customers over the Internet. By accessing software on a subscription basis, they let the SaaS provider manage, secure, and maintain the digital tools. This way, companies can finally…
According to a survey conducted by the Workplace Bullying Institute, managers and bosses represent a staggering 65% of people who bully in the workplace. That number is far too high, and it’s time to equip yourself with the tools needed to deal with it. Civility Partners is a consulting and…
The value of working together is intuitive to most leaders. Capturing the full value of operating as one firm, however, is elusive for most. Those who drive integration and standardization from the top down often stifle business-level innovation, entrepreneurship, and client responsiveness, which can further create talent attraction and retention issues.
There’s a lot of political stalling and idealization going on. The Energy Commission of the Swiss National Council recently decided to stick with an only partially liberalized energy market. It’s following the lead of the Council of States, which has also rejected the idea of a full opening of the…
Companies may attract and keep the greatest personnel in the market by implementing virtual recruiting, giving DEI projects top priority, embracing the gig economy, emphasizing skills over degrees, and investing in employer branding.
Alfred Escher’s bank is history. A toxic cocktail of private mismanagement, governmental knee-jerk reactions and shaken confidence has taken its toll. The history of scandals and mismanagement at Credit Suisse had long weighed heavily. According to reports, clients and major investors had been divesting themselves of the Swiss bank’s products…
Recently, a discovery of so-called rare earths in Kiruna, Sweden, caused a great uproar in the media. Rare earths are a group of 17 elements that are often grouped together because they occur commonly and have similar properties. The EU Commission lists them as critical raw materials alongside metals like…
The innovations that generative AI could ignite for businesses of all sizes and levels of technological proficiency are truly exciting. However, executives will want to remain acutely aware of the risks that exist at this early stage of the technology’s development.
Mishcon de Reya is a Law firm with more than 600 lawyers. Lawyer David Parsons offers an exciting view and advice on how to handle, and avoid, problems with employees accusing their firms in Public. With Christiano Ronaldo being one of the best soccer players in the World, Manchester United being one of the most followed sports clubs and the World Cup in Qatar, what can be more relevant?
Employers are beginning to see how skills-based practices can expand their access to great talent—but the benefits aren’t only for employers. As employers adopt these practices across their talent journeys, workers are more equipped to find better jobs based on their skills rather than their degrees, educational background, or years of experience in a specific role. In the face of ongoing macroeconomic challenges, now is the time for all stakeholders in workforce development to commit resources and support to accelerating adoption of these practices and build more equitable prosperity in communities.
So basically, they trade their time for money, they spend their time doing a task for someone else and they get to pay for it. This way, it's used by most people because it doesn't have any risk. At the end of each month, an employee will receive their money. The cons of this method are that it is almost impossible to achieve financial freedom or self-growth.
These are just a few examples that I can think of right now to demonstrate what would happen if Marketing was suddenly gone. The world would be less colourful, less tasty, a bit more boring. People would have to work hard to choose, find, try, re-buy a product or service, differentiate themselves from the crowd, and discover alternatives.
I saw many businesses where the children of Entrepreneurs would have to get fired from their parents, but the scenario where the father would have to be fired is a little more complicated. And it is more complicated because in such cases the father usually holds all the cards, has more allies, and more ‘gravity’.
The current 4-day workweek trend is the bastard child of a pandemic and the force of habit. A pandemic that forced an entire planet to first stop on its feet and then work from home, and the unstoppable Force of habit of human nature that at some point saw, and experienced, that working like this might actually work. I have my doubts.
Hiring the perfect candidates is just the beginning. What next? Throw them to the wolves and watch if they can survive? We create companies to advance forward, not retreat. In the same way, we should hire in order to retain, not dismiss.
Unhappy customers are ten times louder than happy customers. You should view every single complaint as an opportunity to improve your company, not a threat. Maybe the client is wrong, but that doesn’t mean he can’t complain and talk about it. Win that customer over, again.
Everyone runs all-around all day long but at the end of the day, they don't make any or make very little profit. How is this possible? The answer is simple and obvious.
One of the first moves that entrepreneurs make when they find themselves in a difficult position or situation is to reduce wages, make redundancies, or both.
Speed is important but requires proper organizing so as not to backfire. A business with problems in terms of organization, personnel, procedures, and cash flow, can easily make a situation even worst if it tries to become quick simply for the sake of speed.
Our issue here is not the income or expenses but the processes of a business, an area where very few entrepreneurs give the necessary importance but which affects the company itself, its staff, its customers, sales, a lot more than you can even imagine.
All entrepreneurs face various problems but if you gave them the option to solve only one, it would be sales. Everyone would like more sales and would choose to solve this issue than any other they face or will face.
I have no doubt that small businesses are necessary but I have some doubts about their ability to offer more to the economy depending on their size and number.
Unless this conflict escalates to a World War where every further analysis will be redundant and irrelevant, the outcome of this war, I believe, will make us all, in the long term, better and stronger. Including Business.
The ‘people’ element is tricky. A single ‘person’ requires psychology to understand but when you add a lot of ‘persons’ you get a team, and the team often needs a different approach, most easily understood with the study of sociology.
Everybody is trying to make sense of the phenomenon of more and more people resigning from their jobs, especially since the start of the pandemic. Is it a response to the pandemic, a change in culture, is it time for a break, the employers’ fault, the employees’ fault, the Governments’ fault?