Many entrepreneurs are now starting to create online businesses that rival physical stores due to the lack of need for premises, the ease of selling products online, and new revolutions in marketing.
We are squarely in the age of ‘wokeness’ - the state of being aware and motivated by problematic norms, systemic injustices and the overall status quo.
There is a phrase in the world of business that often gets thrown around prior to a big decision, it goes: “The bigger the risk, the bigger the reward,” and successful entrepreneurs often dabble with these risks if they’re to get to the higher levels of prestige in business.
Understanding employees and what drives them to be productive is a difficult challenge most businesses today are faced with. According to research reports, millennials are increasingly ambitious but lack the motivation to progress in a employed career.
Negotiation occupies a dominant position in the business world, particularly when it involves international transactions. Understanding and managing cultural differences are essential to successful negotiations in an increasingly globalised commercial environment.
As ASOS issues its second profit warning in seven months, the online fashion retailer whose issues are said to come from warehouse-related confusion, non-functioning Eurolab software and troubled third-party brands, is not giving up the fight against these operational challenges just yet.
Brand loyalty is a pressing issue for businesses nowadays. The probability of selling a product or service to an existing customer is 60-70%, with 65% of a company’s business said to come from existing customers.
You didn’t work as diligently as you have to be second guessed. When you finally earned your position as CEO, you thought distrusting superiors and colleagues would become a relic of your early career.
As leaders we all know that feeling of not wanting to go to a difficult meeting and that we’d rather be anywhere else! It’s par for the job, so we must model calm, high standards and belief in the organisation’s purpose to keep the team on track and inspire them to greater things!
A number of factors are forcing businesses to transform and incorporate new trends at an unprecedented rate. Disruptive technology, new agile business models and changing working practices are all contributing to this shift.
By Louisa Rochford The tech industry and Silicon Valley have had their fair share of ups and downs in a matter of years – in the last year alone, data breaches have felt like a daily occurrence. From Facebook to Quora to British Airways, security has become of major concern, with 945 worldwide breaches […]
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