Organisations annually invest substantial resources into high-profile projects that hold the promise of transforming operations, sparking innovation, and unlocking value. However, despite their potential, many of these crucial programs fail to meet strategic goals.
Property Watch. In this insight, we look at the UK residential property transactions for UK housing market for the year to 30 October 2023 with comparatives for the same period to October 2022.
Hyper Personalisation. The COVID-19 pandemic forced businesses across sectors to rapidly change how they operate, including drastically pivoting marketing and communications strategies. Chief marketing officers (CMOs) faced immense pressure to shift approaches with reduced budgets while demonstrating sensitivity to customers’ evolving realities.
Human Capital and Its Value to Organisations. Human capital refers to the skills, knowledge, and experience possessed by employees of an organisation. The concept recognises that people in organisations are an important resource that contributes toward achieving organisational goals and creating value. Investing in human capital by developing employees thus generates returns for organisations similar to how investments in physical capital assets such as equipment generate economic returns.
Financial management is critical to the success of any small business or start-up. Without effective systems to track income, expenses, accounts receivable and payable, and cash flow, entrepreneurs struggle to understand their true financial position and make informed decisions. Cloud-based accounting software provides an accessible, secure, and collaborative platform for small business owners and their teams to organise finances and gain financial visibility. Of the solutions available today, Xero stands out as an exceptionally versatile and user-friendly accounting system tailored for the needs of small and growing businesses.
key performance indicators (KPIs) for owner-managed businesses. Owner-managed businesses have a need to closely track performance and profitability. Having measurable key performance indicators (KPIs) in place allows business owners to gauge the health and growth of their company. The following 10 KPIs are specifically relevant for small and mid-sized owner-managed businesses across various industries.