Becoming a trusted advisor
Becoming a trusted advisor to your clients involves building relationships and taking the time to understand their world. Becoming a trusted advisor instead of “just another supplier” takes time and necessitates providing value to your clients by focusing on helping them to solve problems. Becoming a trusted advisor involves building long term relationships which are […]
Setting objectives for 2024
Set your firm up for success in the year ahead. The beginning of the year is a natural point in time to take a step back from the day-to-day aspects of running your business and spend some time thinking about what success looks like in 12 months’ time. What do you want your business to […]
Global mega trends to navigate this year
The world is constantly evolving, and this creates opportunities and challenges. Some of the key trends that businesses will have to navigate this year include economic volatility, the continued importance of environmental sustainability, geopolitical uncertainty and AI moving into the mainstream. Economic volatility will remain a risk in 2024. The higher interest rate environment will […]
Financial Engineering
Financial engineering is the use of mathematical techniques to solve financial problems. Financial engineering involves the application of quantitative techniques and engineering principles to create innovative financial solutions. The objective is to address the intricate challenges of financial markets, providing a sophisticated framework for risk management, investment strategies, and the development of new financial instruments. […]
How generative AI is already changing how we work
AI is already impacting business, employees and the wider economy. The advent of generative artificial intelligence (AI) has ushered in a new era of efficiency and innovation, fundamentally altering the landscape of how we work. This powerful technology, exemplified by offerings such as Chat GPT, has already begun to revolutionise various industries, reshaping workflows, decision-making […]
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 […]
Keeping pace with inflation
Strategies to manage the challenges of the current inflationary business environment. Inflation has resulted in businesses grappling with escalating production costs, dwindling purchasing power, and the urgent need for pricing strategy recalibration. Here are some strategies to help firms deal with inflation: Monitoring and projections Businesses should closely track key economic indicators and the effect […]
Analysing the competitive landscape
How to use Porter’s Five Forces model to assess the overall competitive landscape for your particular market. Porter’s Five Forces model is a widely used framework for analysing the competitive environment of a particular industry or business sector. Porter’s Five Forces are five separate factors that can impact business growth. The theory was developed by […]