Disruptive innovation
Disruptive Innovation creates a new market and value proposition that displaces established market leading firms, products or services. Disruption and innovation are terms that are used a lot in business. However, true disruptive innovation is a dynamic force reshaping industries and challenging traditional business models. It’s not just about incremental improvements but rather a […]
Mayo’s human relations movement theory
Applying its principles can foster a more harmonious and productive workplace Mayo’s Human Relations Movement, an enduring pillar in management theory, resonates deeply in contemporary business environments. Applying its principles can result in a more productive workplace, as well as a better culture in the firm, overall. At the heart of Mayo’s theory is the […]
Tax E-news – Autumn Statement 2023
Welcome to our monthly round up of tax news. We hope find the post informative! On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fuelled by falling inflation and stabilised public finances, […]
Refurbished technology
Is buying refurbished technology a viable option for businesses? As society tries to embrace environmentally sustainable business practices, many firms are starting to consider the advantages of buying refurbished tech rather than always buying brand new products. A commitment to sustainability is increasingly important and businesses need to walk the talk. Opting for refurbished tech […]
Nurturing junior talent
In the era of remote working, businesses must prioritise the need to nurture junior talent. In an era where remote work is often becoming the norm, businesses face a new challenge: how to effectively train and mentor junior staff members. Balancing the benefits of remote work with the essential development of junior team members is […]
Targeting underserviced markets
Identifying and targeting underserviced markets can be a game-changer. Underserviced markets are groups of customers or potential customers who have unmet or underserved needs, problems, or preferences in your industry. They may be overlooked, ignored, or underserved by your competitors, or they may be new or emerging segments that have not been addressed yet. Underserved […]
TAX News – November 2023
Content accurate as at 29.10.2023 Welcome to our monthly round up of tax news. We hope find the post informative! Please contact us if you wish to discuss any issues in more detail. Salary Or Dividend Best In 2023/24? In recent years many accountants have advised their director/shareholder clients that the most tax efficient […]
Managing winter sickness absence
As winter approaches, businesses face the annual challenge of managing sickness absence effectively . Many businesses are encouraging their employees to return to the office after years of remote working. This can be a struggle, particularly as the cold and flu season gets underway in October and November. The following steps can be taken to […]
Management shortcuts
How managers can leverage the power of heuristics to speed up decision making processes. A heuristic is any approach to problem solving that employs mental shortcuts to simplify a set of circumstances to quickly reach a reasonable conclusion or solution. Heuristics are part of how the human brain is wired. The brain can only process […]
Be the disrupter
Disrupters are the firms that come up with new ideas and challenge the way things are done. In order to become a disrupter in your market, your firm must be prepared to innovate relentlessly, challenge norms and redefine industry standards. If you want to succeed, you need to understand your target audience, their needs, pain […]