DO YOU HAVE CONFIRMATION BIAS?

Most business people these days have too much information and not enough time. We don’t have the time to weigh up every facet of every decision. This tends to encourage us to take shortcuts where we can. As such, we often go into a meeting or a negotiation with an idea as to what the[…]

BUDGET 2018 – What you need to know.

More money for the NHS and an end to austerity? As previously announced, these were the main themes of the Chancellor Phillip Hammond’s third budget but what we were waiting to hear was where the extra money was going to come from? Had he found a “Magic Money Tree”, or would tax and borrowing have to[…]

BEING BUSY ‘V’ BEING PRODUCTIVE

In today’s hyper-connected business environment, it seems we are all busier than ever. Whether we are responding to emails outside of office hours or taking a call while on the way to a meeting, there is so much going on in our work lives that it’s easy to lose focus on getting the most important[…]

DESIGN THINKING

 When we think of designing something, most of us tend to think of an object or an end result such as a “well designed product”. However, “Design Thinking” can be applied in business too.   Design as a process Designing something tends to require various prototypes to be created and evaluated in order to agree[…]

ADVISORY FUEL RATE FOR COMPANY CARS

There have been changes for the mileage rates of company cars. These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2018. Where there has been a change the previous rate is shown in brackets.   Engine size Petrol  Diesel LPG 1400cc or less 12p (11p) 7p 1600cc[…]

CLASS 2 NICs TO CONTINUE FOR SELF-EMPLOYED

In 2016 the government consulted on a proposed abolition of Class 2 National Insurance contributions (NICs) for the self-employed.   This flat rate contribution, currently £2.95 a week is payable by the self-employed in addition to Class 4 contributions based on the level of profits. The flat rate contributions were due to cease on 5[…]

Make more of social media

Your business can use social media to deliver great customer experiences and develop deeper relationships.   Creating good content and distributing it through social media can be a very effective way to grow your business. That’s why businesses like PWC, Amazon, and McKinsey invest huge amounts of resources into producing great content that people want[…]

Innovation – One Step At A Time

Innovation in business doesn’t necessarily mean you have to make great leaps forward. Sometimes little steps can be just as transformative.   Innovation doesn’t necessarily have to involve massive change programmes and unsustainable levels of activity. Not every business needs a revolution.   Your business doesn’t necessarily need to be the next Google.   What[…]

Leadership Development

It is the management team’s responsibility to invest in, develop and grow the firm’s next generation of leaders.   In order to construct a solid framework with which you can develop the next generation of leaders in your firm, it’s best to start by identifying the attributes and capabilities of the existing leadership team and[…]

Augmented Reality Tech

Along with artificial intelligence (AI) and facial recognition, Augmented Reality (AR) is one of the big technology trends this year.    Mobile point of sale, using a smart-phone or tablet to take payment for goods and services, is now pretty well established. AR is the next step on from this.   AR technology arguably broke[…]