To become more profitable, you need to either increase your turnover, become more efficient & effective or lower total costs. Even better if you can do all three. And there is an, often overlooked, way Small and Medium Enterprises (SMEs) can achieve all three by simply focusing on improving one specific area of their businesses. […]
4 steps guaranteed to boost profit and prepare your company for growth
How to boost operational efficiency, lower costs, reduce risks and get more value from your suppliers Growing a small or mid-sized company comes with many challenges. One of the top challenges is to get key processes into good shape. That’s because you don’t want process inefficiencies to magnify as the business scales. Worst case, that […]
Can Technology Make Churches Relevant Again?
Many businesses are now catching on to the fact that leveraging technology is the key to achieving growth. Certain types of technology are already transforming entire industries by enabling unprecedented productivity and efficiency. Take manufacturing for example. Experts forecast that 20 million jobs from the sector worldwide are expected to be replaced by robots 2030. […]
When New Technology Has Negative Implications for Employees
There’s no disputing the fact that technology is changing the way we live our lives – and run our businesses. When used in the right way, technology can provide significant boosts for businesses, aiding growth and reducing total costs across the business. But, what about the employees? Does technology always benefit them, and do all […]
3 Examples of Businesses Achieving Growth Through Corporate Social Responsibility
Businesses are increasingly prioritising their corporate social responsibility, with many implementing a range of policies that benefit their employees, their supply chains, their customers and the environment. While it is said that these kinds of initiatives are becoming necessary for businesses to compete and survive, it obviously benefits the wider population and is mostly being […]
