Threads
How could the latest social media platform work for businesses? Threads is a new social media channel created by Meta Platforms (formerly known as Facebook) which was launched in July this year. Threads went live on both the Apple and Android app stores in 100 countries and signed up more than 100 million users in […]
The art of persuasion
Building a successful business means persuading people to exhibit the right behaviours. The ability to sway opinions, convince stakeholders, and drive desired outcomes is a skill that sets exceptional business leaders apart from the rest. A cornerstone of effective persuasion lies in understanding the target audience. Do your research and try to empathise with the […]
How to be a more inclusive manager
Practical steps that managers can take to be more inclusive Inclusion doesn’t just happen. In order to be more inclusive, managers need to start with intention and regular practice. People are naturally inclined to be drawn to people that are like themselves. In order to break the bias managers must constantly disrupt their natural approach. […]
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 […]
The Metaverse
What is it and what do businesses need to be thinking about? The metaverse is an online virtual reality (VR) or augmented reality (AR) space where users can interact with a computer-generated environment and with other users in real-time. It is an interconnected digital universe that extends beyond individual VR or AR experiences, offering a […]
Data Management
How to implement an effective data management strategy. Small and medium-sized businesses (SMBs) must adopt an effective data management strategy to remain competitive in today’s data-driven world. However, limited resources and expertise often pose significant challenges for SMBs in implementing such practices. Here are some key steps for developing and implementing an effective data management […]
Effective document collaboration
Multiple people working on the same documents across a business can be a challenge. The needs of a modern business often require people to work collaboratively on documents. However, this can lead to confusion, delays and errors if not managed properly. So, how should you manage document collaboration in your business? Firstly, it is important […]
Retention, engagement and diversity
How to manage some of the key HR challenges facing businesses in the current environment. In today’s competitive marketplace, attracting and retaining top talent, fostering employee engagement, and managing workplace diversity can be complex issues that require a strategic approach. To start with, recruiting and retaining talented employees in the current market is a major […]
When and how to increase your prices
Is now a good time to increase your prices? Inflation has been running high for a while, wages are rising and supply chains are still catching up after the disruption of the pandemic. Many businesses are facing increased costs and many managers are considering how to increase prices in order to maintain profitability. However, there […]