I’ve previously written about how approaching procurement with a sole focus on cost saving can end up costing you more money in the long run, but I wanted to elaborate on one particular point I raised within that article. And, that’s how investing in your employees can benefit your bottom line. It’s becoming widely recognised […]
Are Business Ecosystems the Growth Model for the Future?
Business ecosystems have become “the topic on almost every corporate board’s agenda”, according to the World Economic Forum. They are both the present and the exciting future. But what exactly are business ecosystems and why have they grown in such prominence today? What is a business ecosystem? Investopedia defines a business ecosystem as a “network […]
The Key to Successful Change Management
Organisations are at their most vulnerable during periods of change. There is always a risk when trying something new, and in business this risk can carry very high financial and reputational costs. But, that doesn’t mean businesses should avoid change. In fact, they need to embrace it. Change is a necessary thing for any business […]
Carbon-Neutral Supply Chains: How We Get There Together
A recent global emphasis on climate change and the disasters facing our planet has made companies more aware of their carbon footprints. As the urgent need for action and remedies arises, more and more businesses are looking to cut down on their environmental impact. The supply chain offers a unique opportunity – according to a […]
The Importance of Creativity in Business
It’s an old saying and perhaps a tired one: the only constant is change. But it’s difficult to ignore how crucial that statement is for business. If companies want to survive, innovation is the only way forward. As the CEO of Symes Group, Jessica Symes, says: “… Change is coming, the robots are here and […]